Why the free market won't fix health care
....according to a Nobel Prize winning Economist
posted almost 11 years ago
Matthew wrote a piece on why the free market should be allowed to fix our healthcare system. It was another intellectually dishonest piece of agitprop that not even most of the conservatives could agree wtih.
But Matt hasn't taken (or at least admitted to taking) any econ classes. So he's really not in a postion to know what is and isn't true from an economics point of view.
On the other hand, here's a take from a pretty smart guy named Paul Krugman.
Unlike matt, Krugman is an actual economist (Ph.D) from Princeton, and a Nobel prize winner. He has columns in the Times, Fortune and Slate.
He says, and most economists agree, that the market cannot "fix" healthcare, that it requires heavy regulation.