Tuesday, July 23, 2013

We do not need more healthcare

One of the claims made is that we need more healthcare or health insurance. However, if we allocate resources to healthcare, we much allocate resources from other ends. What ends should we remove resources from? The people are choosing to allocate resources away from healthcare and towards different ends. This means if you care about people's welfare, more resources should not be allocated to healthcare. If you do not care about people's welfare, why would you want to allocate resources to healthcare?

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