After over half a century of employer-provided health care coverage, the American people have developed a phobia of paying for health insurance themselves.
Arnold KlingI 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.
Arnold KlingWhen 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.
Arnold KlingPhelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.
Arnold Kling