Health

Peter Klein articulates several reasons why our current "Healthcare System" is so expensive, and explains how only the free market can halt the escalating costs.

The decision to delay small employer mandates, but embrace reduced future labor supply is an example of bad economics, but good politics.

Section One: Coercion and Regulation. Narrated by Harold L. Fritsche.

Sweden is turning to markets and private payer insurance for answers to their state-run health care.

The notion that unpatented medical technologies are not feasible is historically false. The <em>British Medical Journal</em> challenged its readership to submit a list of the most noteworthy medical and pharmaceutical inventions throughout history. Only two of them have remotely <em>anything </em>to do with patents.

Government intervention causes iatrogenics — unintended negative consequences that hurt the very people they’re intended to help. Nowhere is this better exemplified than with Obamacare, a policy intended to bring insurance to all that has in effect taken it away from many. This paradox can be applied to other policy arenas as well.

The only way to provide good medical services at a reasonable cost is to bring back market pricing. We need the market not only to get supply and demand back into balance, but also to decide what exactly will be supplied. When was the last time that anyone saw a normal market price in medicine?

The focus of Dallas Buyers Club is on the crony-capitalist relationship that exists among the American health care system, the pharmaceutical companies, and the FDA. The monopoly power that results from this union is used to stifle a person’s right to consume what he wants and treat himself as he sees fit.

The snags with healthcare.gov are merely a sideshow; the true problems with ObamaCare run much deeper than a malfunctioning website.

Peter G. Klein explains how “Healthcare” would work, if it functioned in a free market.