Reality and Constraints

Robin Hanson on capping systemic health care costs:

The United Kingdom, where, on average, people live longer than in the U.S., spends only about 9 percent of gross domestic product on medicine, compared with our 18 percent. The British control costs in part by having the will to empower a hard-nosed agency, the National . . . → Read More: Reality and Constraints

To Finity and Beyond

Here’s the underlying problem with Medicare, universal health care, and any and all attempts at reform:

Putting aside, for the moment, the details of the Ryan plan, what many voters refuse to understand is the unpleasant choice they inevitably face. Either cost-control by the consumers or cost-control (aka rationing) by the State. The issue . . . → Read More: To Finity and Beyond

Price Gouging: Why I Sold Potassium Iodide Nuke Pills For A 1500% Gain

[Disclaimer: The follow article is a fictional account of a persuasive argument and should not be construed as an assertion of facts although written in the first person.]

My nuke pills, commonly known as potassium iodide, have been languishing unloved in my emergency supplies for years since I bought them for about $5.99 each. . . . → Read More: Price Gouging: Why I Sold Potassium Iodide Nuke Pills For A 1500% Gain

Canadian and U.S. Healthcare Systems Compared

A study by June O’Neill and Dave M. O’Neill (link) suggests that the U.S health care system provides more choice, efficiency, better delivery and capacity than the Canadian system:

“Does Canada’s publicly funded, single payer health care system deliver better health outcomes and distribute health resources more equitably than the multi-payer heavily private U.S. . . . → Read More: Canadian and U.S. Healthcare Systems Compared