Revision 2 as of 2012-11-18 22:01:24

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HealthcareCosts

Statists frequently point to skyrocketing healthcare costs as a "failure of the free market", when nothing could be further from the truth. There is no free market in healthcare (in the US in particular, and probably not in any other country either); healthcare is an extremely over-regulated market.

Some relevant articles:

  • The Economics of US Healthcare - how the redistributionist systems are bankrupt; individual costs vs. income; the lie of "insurance", insurable events; licensure; impact of patents on costs.