Wednesday, July 22, 2009

The Deeper Debate on ObamaCare


http://corner.nationalreview.com/post/?q=NmZlOTQ1MDk3MDQ1OWRiNWU4ZTgwNmMwNjVjNWQ4MDc=

Government rationing of medicine has its own very serious problems in a free society of course, but it is the unintended shortages that come along with futile attempts at universal rationing that should really worry us. They are the result of an excessive faith in our knowledge of a complex system, and in our ability to impose order on society.

If you have that faith, you want to maximize the knowledge and control of the system in the hands of disinterested experts who can impose order and best practices to avoid terrible and costly inefficiency. If you lack that faith, you want a functional market that makes information about costs and values available and exposes people to the consequences of their decisions so each can make a reasonably sensible choice, while caring for those least able to care for themselves.


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