Tag Archives: free-markets

Milton Friedman on the problems of government in medical care

This is a rather long lecture by Milton Friedman on the issues of government in medical care.  As it is so long I’m not going to write a lot, but you should watch it because, despite being over 3 decades old, every word is still very relevant.

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Filed under Capitalism, Conservative, Economics, Evils of Liberalism, Government is useless, Health Care, Individualism, Long Term Thinking, Natural Rights, Obama, Taxes, Tyranny

Why Are American Health Care Costs So High?

I was going to do a response to John Green’s mostly accurate but slightly misleading video “Why Are American Health Care Costs So High?”…but I really can’t beat Lee Doren’s response on “How the World Works.”

I would merely point out that while Doren is correct that we could go to out of pocket to help reduce prices, we could also get rid of the laws that created HMO’s and allow insurance companies to cross state lines.  All of this would further increase competition and drive down costs even more.

Also John Greene makes a comment about tort reform only reducing health case costs by a fraction of a percent in Texas.  What he fails to mention is that it has also drastically increase survival rates for patients.  So tort reform led to more people living at lower costs.  I don’t think dismissing them out of hand as he does is all that bright.

The Original Video

(I’m not going to include all of the links Doren references because he deserves the hit count that will come from having to go to his Youtube page to find them.)

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Filed under Capitalism, Conservative, Economics, Government is useless, Health Care, Long Term Thinking, politics

Capitalism: The ONLY hope of Mankind

Capitalism is the only system that has been shown to raise people out of poverty. It is the only system that benefits the rich, the middle class, and the poor. It is the only system that can bring a nation out of destitution. It is the only system that works long term. It is the only system compatible with human nature. It is the only system of economics that is ethical. It is the only system of economics that is sustainable because only capitalism creates and encourages the innovation and imagination needs to deal with the constant slew of problems that life brings.

You can either be in favor of Capitalism or you can be an idiot who knows nothing about economics, history, psychology, philosophy, ethics, human nature, politics, reason, logic or facts.











Let me say again…You can either be in favor of Capitalism or you can be an idiot who knows nothing about economics, history, psychology, philosophy, ethics, human nature, politics, reason, logic or facts. That is all.

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Filed under Budget, Capitalism, Conservative, Constitution, Economics, Equality, Evils of Liberalism, GOP, Government is corrupt, Government is useless, Individualism, Long Term Thinking, Natural Rights, philosophy, politics, Tyranny, Unions

New Rankings from Economic Freedom of the World Reveal Dismal Impact of Bush-Obama Statism (via International Liberty)

There is something terribly, terribly wrong when Canada and the U.K. rank higher than the U.S. in terms of economic freedom.

New Rankings from Economic Freedom of the World Reveal Dismal Impact of Bush-Obama Statism The 2011 edition of Economic Freedom of the World, published by Canada's Fraser Institute (with help from groups like Cato), has been released. Covering data through 2009, the new report provides damning evidence of the negative impact of the Bush-Obama policies of bigger government and more intervention. Here's a relevant passage from the Executive Summary. The world’s largest economy, the United States, has suffered one of the largest declines … Read More

via International Liberty

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