November 18, 2005

Health Care > Tyler Cowen on Socialized Health Care

"My worry is that U.S. national health insurance will be used to win votes, and not to correct micro-imperfections in the insurance market. Let's say that you are a left-wing blogger, and, for purposes of argument, that your entire critique of the Bush Administration is correct. Remember, this guy was re-elected. You are relying on these very same voters, and this very same "policy correction mechanism" to make politicians accountable for a well-functioning health care system. You should hear my in-laws or my mother complain about the Medicare prescription drug bill, and that was supposed to help them. Scary, no?"
 -- Tyler Cowen

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