ARNOLD KLING ON HEALTH CARE REFORM:
The main proponents of “universal coverage” want to throw more money at the current health care system, which strikes me as unwise. I believe that the “universal coverage” mantra is dysfunctional for the same reason that “more money for public schools” is a dysfunctional mantra for education. When your current approach is digging you into a hole, the sensible thing to do is not to dig faster. It is to stop digging.
He also offers this troublingly accurate quote from John Graham: “Nobody is talking about a free-market approach in health care. The spectrum today is between fascism and Communism.” But actually, a few people are talking about free markets — Kling does. And check out our podcast interview with David Gratzer, author of The Cure: How Capitalism Can Save American Health Care.