[ExI] the success of socialized medicine
stefano.vaj at gmail.com
Sat Jun 11 14:02:02 UTC 2011
On 11 June 2011 04:26, Damien Sullivan <phoenix at ugcs.caltech.edu> wrote:
> The US has lower life expectancy than almost every other rich country,
> while spending nearly twice as much per capita. Controlling for race
> doesn't change that much.
In a societal sense, the fact that a larger fraction of the GDP is spent for
health care services against comparable or inferior results signifies a less
efficient solution, does it not?
That is, unless the idea that the "invisible hand" is always more efficient
than planning is a religious dogma...
-------------- next part --------------
An HTML attachment was scrubbed...
More information about the extropy-chat