There is one reason why there is a health-care crisis in America: socialism and interventionism, both at the federal level and the state level. On the demand side, there are Medicare and Medicaid. On the supply side, there are regulations and occupational licensure of physicians and other health-care providers.
Yet, virtually all of the discussion about how to solve the health-care crisis takes place within well-defined parameters in which Medicare, Medicaid, regulation, and licensure are the given. The discussion then focuses on how to resolve the crisis within those parameters...
Socialism and interventionism are inherently incapable of working. No matter how much time and energy are put into solving the health care crisis, it won’t matter one iota as long as the reformers are operating within the parameters of socialism and interventionism. The results will be same, no matter what the reform: chaos and crisis, which will only produce the need for more reforms down the road...
The freer an economy, the wealthier the society will be, and the better off the poor will be. Conversely, the more socialistic and interventionist an economy, the poorer society will be, and the worse off the people at the bottom of the economic ladder will be...
There is but one solution to the health care crisis — the free market, which would entail a complete separation of health care and the state, in the same way that our ancestors separated church and state.
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