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I have come to believe that politicians are in the business of 'marketing' their product to the public, by exaggerating threats and over-selling government solutions.
Arnold Kling
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Arnold Kling
Age: 70
Born: 1954
Born: January 1
Economist
Business
Marketing
Political
Selling
Government
Product
Come
Solutions
Believe
Threat
Politician
Exaggerating
Products
Threats
Public
Politicians
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The prescription for better health care is more freedom to innovate, not remote-control surgery from Washington.
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The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government interventions, introduced with excessive confidence, leading to disastrous results.
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I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.
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When the government pays, health care's lack of affordability becomes a self-fulfilling prophecy. In health care, as in other things, government is the high-cost producer.
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Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.
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