Friday, January 7, 2011

The Moral Case for Capitalism

Eric Daniels TEDx Talk on Capitalism:

Thursday, January 6, 2011

A is A: ObamaCare Reduces Competition, Drives Up Cost!

Best health care political pull can buy
Barring law's repeal, medicine will serve large dose of special interests

As a result of Obamacare, fewer physicians will work in the familiar two- to five-person small-group practices most Americans prefer. Instead, doctors will be increasingly driven into large, impersonal "accountable care organizations" - not to take better care of their patients, but simply to survive economically. This consolidation is not some "unintended consequence," but rather an explicit goal, as White House health adviser Nancy-Ann DeParle acknowledged when praising Obamacare for encouraging "vertical organization of providers" and "physician employment by hospitals and aggregation into larger physician groups."

According to the New York Times, many consumer advocates thus fear Obamacare will have the perverse effect of reducing competition and driving up costs.