Imagine not understanding that healthcare is a market failure in the year of our lord 2019. Just imagine.
Sigh you make cash by efficiently serving people’s needs. Please read some basic Econ or better yet, start a business.https://twitter.com/daemonite/status/1096129189369925632 …
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Thank you Stefan.
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I did. It's going great. People's health still isn't a profit concern.
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So producers will just produce food to break even. All Venezuela how that's working out.
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I have no idea what you're on about. I feel like you're overextending my point of "health care isn't a profit concern" into places it has no relevance being and asking me to explain why you did that.
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So you believe market based economics care about human welfare as a primary concern then? Or do you think they don't but feel they're the best method available. Because im not commenting on anything other than their inbuilt lack of concern for humans
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The needs part is what they were talking about that is done poorly...
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Profit is about the only metric there is that tells management that they are doing things correctly. The absence of a metric like that in Socialism is why it will always fail.
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They keeping throwing cash, stolen by taxation, from the freeish market; in the uk and keeps getting worse. The same with education and many other state programmes.
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Where does liberterianism work?
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The overwhelming majority of economic activity is not intermediated by markets. Your basic economics is wrong
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