Saturday, August 15, 2009

Four Steps To 'Cure' The Health Care Problem!

When there is an economic problem it can be solved if:

a). the economic charlatans who are ego-driven interventionists are ignored,

b). and instead the advice of a brilliant economist is adhered to.

Regarding what appears to be uncontrolled skyrocketing of health care expenses the economic solution is pretty simple. There are four major steps needed which removes the corruption of interventionism. Here they are, according to Hans-Herman Hoppe:

1. Eliminate all licensing requirements for medical schools, hospitals, pharmacies, and medical doctors and other health-care personnel.

2. Eliminate all government restrictions on the production and sale of pharmaceutical products and medical devices.

3. Deregulate the health-insurance industry.

4. Eliminate all subsidies to the sick or unhealthy.

This cure may seem like a strong dose of justice but ultimately it is the remedy for the cancerous socialism and the addictive interventionism.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Saturday, August 8, 2009

Surprise! The Capital Is Gone!

When the Keynesian ego-driven interventionists bring about the unspeakable stagflation (again, but this one will be the big one!) and have no choice but to stop creating money out of thin air (stop causing inflation) then prices will stop rising.

"Good!' you say.

But the entrenched costs created by unions and regulations will then cripple industries and all of the sudden it will be discovered that almost all of the capital has been consumed. Hence begins the long process of recovery, a recovery starved of capital and burdened by ego-driven interventionism.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.