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Article #620367Re: free, huh, was Bitcoin confusion?
From: John Levine
Date: Mon, 12 Feb 2018 18:36
Date: Mon, 12 Feb 2018 18:36
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2476 bytes
In article <r2v18dtj601makeue...@4ax.com>, J. Clarke <jclarke...@gmail.com> wrote: >>I'm getting the impression that you're not very familiar with the way that >>the US medical system works. When's the last time you price shopped for a >>doctor? > >I'm getting the impression that you're not very familiar with >economics. In any market that does not have price controls there will >be a range of prices, often for identical goods. That does not mean >that doubling the supply of goods will not reduce prices across the >board. You might want to read the classic 1963 paper by Kenneth Arrow "Uncertainty and the Welfare Economics of Medical Care." http://www.who.int/bulletin/volumes/82/2/PHCBP.pdf I happen to agree that it would be good to have more doctors and nurses in the U.S., but I doubt that would make much difference to healthcare prices. -- Regards, John Levine, jo...@iecc.com, Primary Perpetrator of "The Internet for Dummies", Please consider the environment before reading this e-mail. https://jl.ly
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X-Received: by 10.36.87.143 with SMTP id u137mr502053ita.21.1518460587257; Mon, 12 Feb 2018 10:36:27 -0800 (PST) X-BeenThere: alt.folklore.computers@googlegroups.com Received: by 10.36.82.15 with SMTP id d15ls1115373itb.10.canary-gmail; Mon, 12 Feb 2018 10:36:26 -0800 (PST) X-Received: by 10.36.127.135 with SMTP id r129mr4957717itc.48.1518460586059; Mon, 12 Feb 2018 10:36:26 -0800 (PST) MIME-Version: 1.0 Path: mbox-mo1.pugleaf.net!m16ni2490itm.0!nntp.google.com!border1.nntp.dca1.giganews.com!border2.nntp.dca1.giganews.com!nntp.giganews.com!news.misty.com!news.iecc.com!.POSTED.news.iecc.com!not-for-mail From: John Levine <jo...@taugh.com> Newsgroups: alt.folklore.computers Subject: Re: free, huh, was Bitcoin confusion? Date: Mon, 12 Feb 2018 18:36:25 -0000 (UTC) Organization: Taughannock Networks Message-ID: <p5smr9$p3j$1@gal.iecc.com> References: <p5hh2c$gca$1@dont-email.me> <2bk18dtm8hmppb1jvqoh1pknpm5pe41gve@4ax.com> <p5ql1r$crg$1@gal.iecc.com> <r2v18dtj601makeues3m3c2b8pbciha7g9@4ax.com> Injection-Date: Mon, 12 Feb 2018 18:36:25 -0000 (UTC) Injection-Info: gal.iecc.com; posting-host="news.iecc.com:2001:470:1f07:1126:0:676f:7373:6970"; logging-data="25715"; mail-complaints-to="ab...@iecc.com" Cleverness: some X-Newsreader: trn 4.0-test77 (Sep 1, 2010) Originator: jo...@iecc.com (John Levine) Bytes: 1959 Lines: 24 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 7bit