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The Gods of Liberalism Revisited

 

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Thursday, July 26, 2007

Free Market Needed to Keep Health Care Healthy

Economist Dr. Walter E. Williams' TownHall.com column yesterday points out another important reason why government health care isn't the answer to our medical woes:

There's absolutely no mystery why our greatest complaints are in the arena of government-delivered services and the fewest in market-delivered services. In the market, there are the ruthless forces of profit, loss and bankruptcy that make producers accountable to us. In the arena of government-delivered services, there's no such accountability. For example, government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.

This is something I alluded to Tuesday.


1 comments:

Anonymous said...

The free market is always superior to top down government and political actions.

We are very pleased to announce the creation of The Free Market Hall of Fame where members of the Freedom Movement will have the opportunity to initially vote on individuals contributing the most to free market economics including academic economists, journalists and writers, business leaders, legislators and government officials and think tanks.

Nominations for the Free-Market Hall of Fame are open to the public and can be made by anyone by e-mailing ron@freedomfest.com Individuals can vote for or nominate individuals who they believe should be in the Free Market Hall of Fame. Write-ins are permitted.

For more infor on the Free Market Hall of Fame go to http://www.freedomfest.com/hofhome.htm

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