Friday, July 31, 2009

The Problems With Free Healthcare

Carpe Diem has a post, "The Problems With Free Healthcare Provided by Government-Run Healthcare Monopolies" by Thomas Dilorenzo.
Since there are no profits in an accounting sense, by definition, in government, there is no mechanism for rewarding good performance and penalizing bad performance. In fact, in all government enterprises, exactly the opposite is true: bad performance (failure to achieve ostensible goals, or satisfy "customers") is typically rewarded with larger budgets.
Read the entire Carpe Diem post here. Read the complete Dilorenzo article that is the basis of the post here.

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