That's like the Pixies' song, you know... "Gouge Away". Anyway, enjoy:
1. Not a very happy story (video).
2. The risk of debt.
3. Actual facts about Canadian health care.
4. Socialists feel the time is ripe.
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I know I bring this up all too often, but I have to ask: if Canadians actually did have better health-care, and, say, much longer lifespans, should we adopt their system?
ReplyDeleteI think there are a couple things to consider when answering that question.
ReplyDelete- Is the model sustainable, or are they just leaving future generations bankrupt?
- Does it still permit sufficient innovation to make their lives even longer?
- If it does both of these things, what economic principle are they relying on that we haven't discovered yet?
The interview with Israel Kirzner that I posted sheds some light on the fundamental differences between mainstream academic economics vs. Mises and the more a priori type of approach. I think those differences are kind of relevant here actually.