RealClearMarkets, 2/15/2010 by Bill Frezza - [If you really believe in free-markets, this short piece is for you!] Read the entire article here.
- Healthcare prices are fake, inflexible, and inflated because they are set not by the repeated interactions of buyers and sellers but by opaque acts of collusion between government bureaucrats and special interests. Even if this system were run by a benevolent genius who happened to set prices exactly "right" - whatever that means - these prices would be obsolete the moment they were published.
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