To: freeforall
Your sarcastic substitution of "health care" in the rewording of my reply does not hold up under economic scrutiny.
To: Willie Green
All protectionist government programs, misallocate resources, raise production costs, and stifle entrepreneurship. The existence of government price-support programs for conventional products tends to decrease the incentive to search out entrepreneurial opportunities in unconvetional products.
John Maynard Keynes wrote: "The theory of aggregate production, which is the point of the following book, nevertheless can be much easier adapted to the conditions of a totalitarian state than the theory of production and distribution put forth under conditions of free competition and a large degree of laissez-faire."
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