Consider, Compare And Contrast

As companion to this brilliant must-read piece from Megan McArdle that lays out the libertarian philosophy on health care beautifully...

But even after you get beyond that, the more "practical" considerations remain. If the government crowds out private health insurance for many people--a result that a number of analysts on both right and left think (hope) is likely, then the government rationing regime becomes actual rationing for the majority of the population. There is also the fact that private insurers often base their services around what the government does, setting their rates as a percentage of Medicare rates, using Medicare to define what standard medical practice is, and so forth.

The core problem with rationing, for most libertarians, is that even if you think that the government's interference is just--and hey, in the case of World War II, I am probably willing to listen--that it has other effects we recognize as bad. Black markets breed crime. Government rules are necessarily extremely broad and will make some people worse off. But the core issue is that when you disable the price signal, you usually severely degrade the production and distribution of the good in question. I hate to drag out Hayek again, but that old chestnut is still the single best exposition of why you might choose not to ration, set price floors/ceilings, or otherwise disable the price mechanism, even if you would like to see some more just distribution of the goods in question:


Assume that somewhere in the world a new opportunity for the use of some raw material, say, tin, has arisen, or that one of the sources of supply of tin has been eliminated. It does not matter for our purpose--and it is very significant that it does not matter--which of these two causes has made tin more scarce. All that the users of tin need to know is that some of the tin they used to consume is now more profitably employed elsewhere and that, in consequence, they must economize tin. There is no need for the great majority of them even to know where the more urgent need has arisen, or in favor of what other needs they ought to husband the supply. If only some of them know directly of the new demand, and switch resources over to it, and if the people who are aware of the new gap thus created in turn fill it from still other sources, the effect will rapidly spread throughout the whole economic system and influence not only all the uses of tin but also those of its substitutes and the substitutes of these substitutes, the supply of all the things made of tin, and their substitutes, and so on; and all his without the great majority of those instrumental in bringing about these substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field, but because their limited individual fields of vision sufficiently overlap so that through many intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity--or rather that local prices are connected in a manner determined by the cost of transport, etc.--brings about the solution which (it is just conceptually possible) might have been arrived at by one single mind possessing all the information which is in fact dispersed among all the people involved in the process.

Mechanisms to distribute tin without prices have been tried, and found wanting. So have mechanisms to distribute practically every other good you can think of, from housing to hotdogs. Rent control distorts the housing market and discourages landlords from building or improving their housing stock. Price controls on bread result in shortages, and often distort the non-controlled sectors of the market. Fuel subsidies result in your precious tax dollars being diverted to Columbian roadside vendors who will siphon the gas out of your tank at great danger to themselves and pay something closer to market rates for it. Etc.

...a couple of Drudge links to illustrate the point (also well-made by others) in the real world.

Exhibit A -- Cold, uncaring capitalism:

NYC Man Survives After Heart Stops For 45 Minutes

Joseph Tiralosi was released from the hospital Tuesday. He had gone to the emergency room at New York-Presbyterian Weill Cornell Medical Center on Aug. 17 because he wasn't feeling well. Within minutes of his arrival, he collapsed and his heart stopped beating.

Doctors and nurses tried CPR and shocked him multiple times with a defibrillator. A last-ditch effort to break up any clots finally worked, and Tiralosi's pulse finally came back.

Doctors kept his body cold while they removed a clot and Tiralosi's heart started working normally.

Exhibit B -- Warm and fuzzy socialism:

In a letter to The Daily Telegraph, a group of experts who care for the terminally ill claim that some patients are being wrongly judged as close to death.

Under NHS guidance introduced across England to help doctors and medical staff deal with dying patients, they can then have fluid and drugs withdrawn and many are put on continuous sedation until they pass away.

...
"Forecasting death is an inexact science,"they say. Patients are being diagnosed as being close to death "without regard to the fact that the diagnosis could be wrong.
...
The warning comes just a week after a report by the Patients Association estimated that up to one million patients had received poor or cruel care on the NHS.

Rationing? What rationing?

I can only imagine how quaintly spendthrift the whole Terry Schiavo episode must have seemed across the pond.

UPDATE: Remember, the very idea of government "death panels" is just crazy talk.

UPDATE: Michelle Goldberg gets McArdled. Ouch.

posted by Dave on 09.02.09 at 06:03 PM





TrackBack

TrackBack URL for this entry:
http://classicalvalues.com/cgi-bin/pings.cgi/8728






Comments

Excellent. The government is in a classic conflict of interest once it foots the bill for healthcare.

Eric Scheie   ·  September 3, 2009 10:27 AM

Post a comment

You may use basic HTML for formatting.





Remember Me?

(you may use HTML tags for style)


September 2009
Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30      

ANCIENT (AND MODERN)
WORLD-WIDE CALENDAR


Search the Site


E-mail

escheie_[AT]_yahoo_DOT_com



Classics To Go

Classical Values PDA Link

What ancient form of execution would you LEAST prefer?
Buried alive
Crucifixion
Flayed alive
Scourged to death
Stung/bitten to death by insects
Slow disembowelment
Roasted on grill
Dragged from chariot
Torn apart by wild beasts
Rolled downhill inside spiked barrel
Death of a thousand cuts
  
Free polls from Pollhost.com


Archives



Recent Entries



Links



Alphecca (My Blogdaddy)



Puff the Protector


Andrew Sullivan

Gays in Military Site

Middle East Media Research Institute

Gay Libertarian Site
The Bitch Girls
Join the NRA!


SECOND AMENDMENT VIDEO!

Shooters' Carnival

Tammy Bruce
Gun Owners of America
goalogox.gif

front_cover.jpg
KerryCom.gif
fighting101sSm.jpg
David Hackworth
ElectricVenom.com
SgtStryker.com
Hell In A Handbasket
Matt Welch
The Volokh Conspiracy
Virginia Postrel
PseudoPsalms
The Light of Reason
The Anger of Compassion
Anger Management
Dustbury.com
Rachel Lucas
Shadow Government
reflections in d minor
JustOneMinute
Boone Country
Catallarchy
Roger L. Simon Button
Agenda Bender
Mike Silverman
Steven Malcolm Anderson
Walter in Denver
Impearls
Donald Sensing
Howard Owens
Loco Parentis
imao15.jpg
Colby Cosh
VodkaPundit
Radley Balko
Dean's World
The Queen of All Evil
baldilocks
Joe Gandelman
Dave Tepper
Begging to Differ
Kesher Talk
Jeff Jarvis
Doc Searls
Little Green Footballs
Captain Ed
Oh, That Liberal Media!
ICANNfocus.org
God of the Machine
Sandefur's Freespace
Wizbang
Robert Prather
LawPundit
adrcircle.jpgThe Anti-Idiotarian Rottweiler
Amygdala
bilious young fogey
MadLab
On the Fritz
why dave bergman is neat
Skiplog
Clowning Glory
Dispatches from the Culture Wars
Where in Washington, D.C. is Sun Myung Moon?
Anti-Socialist Tendencies
Of Interest
WICKED THOUGHTS
Setting The World To Rights
doubleplusgood infotainment
It Can't Rain All The Time
Scrutineer
Nick Danger, International Man of Mystery
seldom sober
TRITICALE
Random Jottings
Graham Lester
point2point
Shark Blog
Gene Healy
Discount Blogger
Six Foot Pole
Dodgeblogium
Across the Atlantic
The Imperialist Dog
Lex Talionis
Mind Of Mog
Say Uncle
CAMPVS MAWRTIVS
res gestae dionysii
Annika's Journal & Poetry
A :{FRUSTRATED}: ARTIST
Yet another weird SF fan
Lincoln Cat
The Meatriarchy
Who is Ronald?
Short Daddy
Punch Drunk
Mookie Riffic
On The Third Hand
MatthewEdgar.net
ZenPundit
Jennifer's History and Stuff
blogcrit-button.gif
argghhh!!!
Modulator
D.C. Thornton
Centerfield
Asymmetrical Information
Airline Pilots Security Assn
Relapsed Catholic
PAPADOC
Abraca-Pocus
The Pryhills
Winds of Change
Daily Pundit
The Speculist
Regnum Crucis
The Elfin Ethicist
Classics in Contemporary Culture
elephant-rabbits
A Perfectly Cromulent Blog
allied
Parableman
Southern Musings
CALIFORNIA YANKEE
Allen's Arena
Ex-Gay Watch
Jonno
Michael Moore doesn't love me!
Eschaton
Clayton Cramer
Letters From a Strip of Dirt
Oliver Willis
Hesiod Theogeny
Dr Zen
JunkYardBlog
Orcinus
Ideofact
Letter from Gotham
Oraculations
INCITE
Positive Liberty
ALLAH IS IN THE HOUSE
Tiny Little Lies
My So-Called Penis
Keith Devens
Jason Holliston
W(h)ine Country
Straight White Guy
Ken MacLeod
Lawrence Lessig
solomonia.com/blog/
PaleoJudaica.com
EdCone.com
Common Sense and Wonder
Who knew?
Daily Howler
James Landrith
Chief Wiggles
L.T. Smash
damnum absque injuria
Daniel W. Drezner
OxBlog
Reason of Voice
Steven Den Beste
Wonkette!
Cranial Cavity
Gibberish in Neutral
DramaQueen
vivalabloog
Classics in Contemporary Culture
The LLama Butchers
flvbutton.gif
HobbsOnLine
ACIDMAN
Sector 7-G
Zogby Blog
mtpolitics.net
Horologium
Civic Dialogues
Practical Penumbra
Right Wing News
Stranger in a Strange Land
Ambient Irony
Tiger: Raggin' & Rantin'
Read My Lips
Jay Solo
The Alliance
The Smallest Minority
Wrong Side of Happiness
Wince and Nod
One Little Victory
Fishbucket
suburban blight
Sketches of Strain
Boi from Troy
Being American in T.O.
Outside the Beltway
One Fine Jay
Bill and Kent's Place on the Web
Burton Terrace
This Book Stinks
The Happy Carpenter
Political Correctness Watch
GREENIE WATCH
Resource.full
This Liberal"
Brainville
BLAMBLOG
Ordinary Galoot
QandO
Josh Cohen
Extra Ordinary Ideas
brykMantra
Croooow Blog
Old Right
commiewatch
Yourishweb.jpg
Proculian Meditations
UggaBugga
Dustin the No-Longer-Blogless
Les Jones Blog
Temporal Globe
Postcards from Nowhere
Tarazet
Unfogged
Synthstuff
Riba Rambles
Mitch Berg
The National Debate
scha-den-freu-de
Ocean Guy
Topic Exchange
CELESTIAL OFFERINGS
Texas Native
Somewhere over the Rainbough
Why read this?
End NPR Bias
Ace of Spades HQ
Web Dawn
GANGSTORIES
Sheila Astray's Redheaded Ramblings
Alan Sullivan (Seablogger)
hobbyblog
activistchat.com/blogiran/
FuturePundit.com
Tim Blair
A Voyage To Arcturus
HipperCritical
BarlowFriendz
Jihad Watch
Kin's Kouch
Bad Money
The Campblog
News Junkie Canada
De Doc's Doings
Bigwig
Eject!Eject!Eject!
Tom's Nap Room
A Coon Cat's World
The sexual adventures of Woodie and Peaches
Crystalline Ceramics Web Resource
Heh. Indeed.
NakedVillainy.com
Andrew David Chamberlain
The Karmic Inquisition
Adam Smith Institute Weblog
Andrea Harris
Hi. I'm Black
Banana Oil
Jim Miller on Politics
Who Tends the Fires
Ranck and File
MOLOTOV COCKTAIL FRANK
NOLI IRRITARE LEONES
Miss O'Hara
deadmaus
Coffee With Rhoads
robot guy
Travelling Shoes
Admiral Quixote's Roundtable
danm.us
The Argus
Dissecting Leftism
Dissecting Leftism -- OLD Site
Aaron's cc
Commentariat
The Argus - Registan
INDC Journal
Pundit Ex Machina
DeMythology
Peppermint Tea
Gilly's World
Beyond the Black Hole
La Shawn Barber"
FREE IRAN NEWS button
Perverse Access Memory
Invisible Adjunct
Photon Courier
Intel Dump
Junkscience.com
The SmarterCop
Laban Tall
Banagor
Peeve Farm
Rand Simberg
camedwards.com
Kim du Toit
Mrs. du Toit
Dancing with Dogs
Two--Four
Heretical Ideas
Astonished Head
Outlandish Josh
Central Oregon for Dean
ghostofaflea.com
The White Peril 白禍 (Sean Kinsell)
www.blktlr.com
Subterranean Bungalo
DFMoore
Dave Halliday
Well Versed
Qoheleth 60: Joel Moody's Repository
quo vado
jonrowe.blogspot.com
yellopad
Sticks of Fire
Dissecting Leftism
ByteMagick
Blogs of War
PRESTOPUNDIT
Of Interest
The Meatriarchy
Bernhardt Varenius
The Forager
Miller?s Time
Blogs of War
painting to stay (?) sane
Blue Goldfish | Surface
Clowning Glory
House of Payne International
Last Chance Caf馬t;/a>
Psychology of Leftism
a_sdf
CONSERVATISM/RIGHTISM
Taylor & Company
The Vicious Circle
Leftists as Elitists
Eye of the Storm
A scratch area
Wicked Thoughts
Filtrat
The Bayou City Perspective
The Belfry Blogger
Setting The World To Rights
Ljonn.com
Oddly Normal
Varifrank
Jamie Jamison on Technology
GayPatriot
A New York Escorts Confessions
jamescalvin.com
The Eleven Day Empire
Dr. Rusty Shackleford
Eric's Grumles Before The Grave
Belmont Club
Gumbo Pie
BeldarBlog
MooreThoughts
Blind Adherence
Last One Speaks
Logic Monkey
Bird's Eye View
DIRTY WATER
Forgadring
precision-guided cowboy
Punditmania
Minor Thoughts
Just Askin'
HispaLibertas
Let's Try Freedom
Megan McArdle
Ann Althouse
Beautiful Atrocities
Sean Hackbarth
Power and Control
Professor Bainbridge
Power Line
Dialogic
Darleen's Place
I'm N.O. Pundit!
Done With Mirrors
AMERICAN FUTURE
CodeBlueBlog
Gay Orbit
Urthshu
Zacht Ei
Interested-Participant
blake taylor
The Anchoress
Freespeech.com
Spiked
Decision '08 (Mark Coffey)
White Lightning Axiom: Redux
The Big Picture
Rachel Lucas BEI
John Cole
Haight Speech
evolution: on the loose
Moderates of all Nations, Unite!
Jeff Gannon
THE GLEESON BLOGLOMERATE
Pajama Pundits
Centerpiece
The Radical Centrist
Lab-Tested
FreedomSight
AmbivaBlog
evolution
Marx & Friends in their own words
Elective Application
Religion Research Islam Blog
YOUNGPUNDIT.COM
{finding peace in the chaos}
IQ & PC -- By Chris Brand
Classics in Contemporary Culture
Morse's Code
A&W
Bench Marx
Julie Neidlinger
Shades of Gray
The Daily Lion: NeoLibertarianism on a Stick
Miller's Time
Centerpiece
This Liberal
Coming Anarchy
Lay Lines
that'sRich
the blog eclectic
booklore
Yankee Madmen
Jesusland Expatriate
Amazing Motor Girls
Spiced Sass
Decline and Fall of Western Civilization
Modern Crusader
MaroonBlog
Skriblerier, etc.
I am partially fused with infinity
Eros Colored Glasses
Bill Peschel: The man comes around
The Twins Tell the Truth
wickens.ca
The War of Ideas
ConsterNations
EaglesUp Blog
Vitriolics Anonymous
DIRTY WATER
Mean Mr. Mustard 2.0
EDUCATION WATCH
THE RIGHT SCALE
AIS Knight Hammer
SOCIALIZED MEDICINE
The Argus
DON'T BE DUMB!
Blue Goldfish | Surface
GUN WATCH
De Docs Institute for Memetic Engineering And Polymaths...
Wordpress Test Weblog
Kapowie Zone
Political Theory: Weblogs
You know, they say...
all blogged down
Harkonnendog
Big Dirigible
GeoPoliticalreview.com
Coyote Blog
Blog Retrofuturistic
VietPundit
JasonColeman.com
Logical Meme
Bloggledygook
Discursive Recursions
Bird's Eye View
Right Wing Nut House
ELEMENOHPEE
Locusts and Honey
Moonbattery
The Everlasting Phelps
Mythusmage Opines
The Cassandra Page
Of Arms & the Law
The Daily Bork
Strange Stuff
Another Gay Republican
Libertarian Man of Mystery
Liberty Just In Case
TalkLeft
Joe's Dartblog
Iowa Hawk
The Common Room
Darth Vader
Gay Bipolar Republican
Boxing Alcibiades
Baby TrollBlog
Strange Fictions
Urban Hermit
The Eye of Polyphemus
Toe In The Water
Bryan's Basement
Fishkite
Right on the Left Coast
Beltway Buzz
pike speak
Scared Monkeys
The Mudville Gazette
Matt Sheffield
Undercaffeinated
Trey Jackson
NashvilleFiles.com
Moonbat Central
Dust my Broom
The Cliffs of Insanity
Riding Sun
The Modo Blog
Philly Future
philly
Off In The Tall Weeds
Doug Petch.Com
Gays for Life
the True Nature of Reality
Spinning Clio
Mike Huckabee President 2008
A.E.Brain
that rogueclassicist guy
A M㯠Invis�l
Constantly Risking Absurdity
Laurence Simon
Notes & Musings
A World of Speculation
Weird Events
Pit Bull Wars
New World Man
Mark in Mexico
The Palmetto Pundit
All Things Jen(nifer)
Generic Confusion
Justus for All
iHillary
Michael Totten
Don Surber
Maggie's Farm
Unpaid Punditry Corps
The Counter Hippie
Kicking On Doors
FunnyBusiness
Restless Mania
Mark Tapscott
nobody sasses a girl in glasses
Letters from the Bostonian Exile
The Education Wonks
Diana Hseih
just muttering
Right-Wing of the Gods
Michelle Malkin
Inside Larry's Head
Ballpoint Wren
A Blog For All
The Liberal Wrong
American Outlook
Splog Reporter
From the Grand Stand
Tinabell
Affordable Housing Institute
mudphud
Living In The Past
Searchlight Crusade
Gus Van Horn
Ian Schwartz
One Billion Red Chinese and a Dog Named Liberty
Suburban Bourgeois
The Metropolis Times
DR. HELEN
Philadelphia AIDS Thrift
Sir Humphrey's
Birth Story
The Simplest Thing
Blue Star Chronicles
One Stack Mind
Cathy Young
Neocon Express
A A R D V A R K
World Climate Report
Apartment 604
Yelling at the Windshield
Kimdergarten/
ShrinkWrapped
The Bear Cave
X marks the blogspot
CARRY ON AMERICA
Jim Rose
Kiril, The Mad Macedonian
Signal 94
Pseudo-Polymath
The International Libertarian
Gates of Vienna
California Sojourn
The Liberty Papers
Barcepundit
A. Jacksonian
Jon Swift
Tim Maguire
Three Sticks
Asymmetric
Dog Politics
OregonGuy
Little Miss Attila
Buuuuurrrrning Hot
AGENT BEDHEAD
Tygrrrr Express
David Harsanyi
Snowflakes in Hell
Earnest Iconoclast
Eternity Road
Musings of the GeekWithA.45
Total Survivalist Libertarian Rantfest
Argue With Everyone Political Forum
Nathan J. Winograd
Assistant Village Idiot
Parkway Rest Stop
Grouchy Old Cripple
Technicalities
Coalition of the Swilling
TigerHawk
Mary Madigan
Sad Old Goth
Erica Sherman
Joated

Ezra Levant
Kathy Shaidle
Free Dominion
Small Dead Animals
Habitation of Justice
GAYS DEFEND MARRIAGE
IEC Fusion Technology Blog
John Bambenek
Adventures in Existence
The Discerning Observer
Economists for McCain
Opining Online
The North Coast
the CAMPVS
The Michigan Review
FMG
Kejda Gjermani
South Carolina

American Glob
Breitbart.com
BigHollywood
BigGovernment
Memeorandum
Le Québécois Libre
Right Thinking
Freeman Hunt
Crossroads Arabia
Mad Genius Club
The Truth Laid Bear
Kagogi the Destroyer
Socrates' Academy
jpfoUSA.gif
Armed and Dangerous

SupportDenmarkSmall2EN.png
holocausthp.jpg

Vin Suprynowicz


Tongue Tied
Link to Samizdata - please save the button to your own 

server

My Watergate Blog

rhino_sm.jpg



pj-button-04.gif

The Neolibertarian Network

BUMPERBANstupsm_1_.jpg



Syndicate this site (XML)







Blogroll Classical Values!

Search Popdex:


Pssst!

Wanna get on the Classical Values blogroll?

linkhead.gif Don?t bang your head!

Please send me an email and let me know, because although I try to keep up, sometimes I have trouble finding every last link.



Site Credits



classicalvalues.com

classicalvalues.com

(Link buttons)