Archive for July, 2009

Some required reading during the Obamacare debate

Entertain as many opinions as you may during this time, but let no one tell you that the free market cures all ills. Paul Krugman drops some theoretical bombs on that nonsense in a manner that’s easy to convert to dinner-table chit-chat:

Health care can’t be sold like bread. It must be largely paid for by some kind of insurance. And this in turn means that someone other than the patient ends up making decisions about what to buy. Consumer choice is nonsense when it comes to health care. And you can’t just trust insurance companies either — they’re not in business for their health, or yours…
The second thing about health care is that it’s complicated, and you can’t rely on experience or comparison shopping. (”I hear they’ve got a real deal on stents over at St. Mary’s!”)

Krugman can be a bit shrill sometimes (which is unfair to say, because who isn’t shrill on the internet), but by and large I love his plain-talk approach to big scary economic issues on his blog, Conscience of a Liberal.


July 26, 2009 at 5:59 pm Leave a comment