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Article #620368

Re: free, huh, was Bitcoin confusion?

#620368
From: jmfbahciv
Date: Tue, 13 Feb 2018 14:39
27 lines
2977 bytes
John Levine wrote:
> 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.
>
Not anymore.  Doctors used to have their own business.  Now they're
an employee.  Nurses have to join the local union.  That means
that union rules usurp care practices.

/BAH
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From: jmfbahciv <See....@aol.com>
Newsgroups: alt.folklore.computers
Subject: Re: free, huh, was Bitcoin confusion?
Date: 13 Feb 2018 14:39:00 GMT
Organization: "Have EDDT, will travel"
Lines: 27
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