Health

Bob Murphy talks with Keith Smith, MD, about an alternative to the cartel of big hospitals and insurers.

Thanks for government intervention, the US healthcare system has been breaking down. Unfortunately, with each healthcare setback, the prescription is for more intervention, which triggers even more crises.

Socialists and progressives demand that the US adopt a “single payer” healthcare system in which the government provides “free” healthcare. However, “free” healthcare is not free at all, as medical care consists of scarce goods which always come as a cost to someone.

Socialists and progressives demand that the US adopt a “single payer” healthcare system in which the government provides “free” healthcare. However, “free” healthcare is not free at all, as medical care consists of scarce goods which always come as a cost to someone.

On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare.

The dystopian futuristic movie Elysium portrays a terrible future in which only the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film’s theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.

The dystopian futuristic movie Elysium portrays a terrible future in which only the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film’s theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.

While politicians neglect healthcare and focus on their own public relations, ordinary Britons are increasingly feeling the weight of their own internal health problems.

Applying Rothbard’s logic, vaccine mandates constitute a violation of self-ownership because they coercively impose medical interventions on individuals, thereby infringing on their right to control their own bodies.

Most people believe that ours is a “free-market” healthcare system, but nothing could be further from the truth. A true market-based system as explained here would be less costly and more oriented to patient care.