Paul Krugman Like a Father to Me

1. Paul Krugman is right. 2. If ever you think Paul Krugman is wrong, refer to rule #1.

Wednesday, June 17, 2009

Healthcare and Rationing

"Milton Friedman’s beloved line is a good way to frame the issue: There is no such thing as a free lunch. The choice isn’t between rationing and not rationing. It’s between rationing well and rationing badly. Given that the United States devotes far more of its economy to health care than other rich countries, and gets worse results by many measures, it’s hard to argue that we are now rationing very rationally."
Posted by David Jacobs at 6:02 PM

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Paul Krugman Like a Father to Me

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