Why We Don’t Need Government Funding for “Moonshots”
2024-03-15
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Getting the Great Depression (Almost) Right — And Totally Wrong
2024-03-14
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Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436
Markets versus State Healthcare Systems: Some Points of Contention
2023-12-19
In discussions concerning improving access to medical services, the question of increasing public expenditure—along with introducing new technologies or further regulations—is often raised. These and other proposals are oriented toward public solutions as if a market-based alternative was completely groundless. However, market-based solutions may not only be a “complement” to public systems, but they may also have the potential to be used on an even-larger scale—to entirely replace public systems. To make this possible, it is necessary to resolve several misconceptions about the two systems that limit the discussion of possible changes and their effects.
The Public System Is “Free,” Which Makes It a Better Option
At first glance, the allure of “gratuitousness” is tempting. Medical services