Wednesday, 20 June 2007

The non-miracle of socialised health care

Anyone that lives in a country with socialised health care knows that they had better not get sick if they're not prepared to wait a long time for treatment. Milton Friedman got it absolutely right when he said that whenever the government funds something the cost goes up. Unfortunately, in the case of health care the cost not only goes up but the lack of competition drives service levels massively down, as this short (7 mins) video shows.

2 comments:

Ben Bowman said...

How can you be so clueful as to understand Milton Friedman, yet dismiss Ron Paul?

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