Arnold Kling's summary of economic recalculation in employment and unemployment:
A way to make the estate tax less distortionary (allow someone to pay fixed cost C in cash to the government in exchange for shielding a percentage Q of wealth from estate taxation).
To all who would see a centralized healthcare system a la Britain: Britain plans to decentralize National Health Care significantly.
Lots of these foreign "socialized" health care systems are already more decentralized than American leftists realize (Canada is the prime example).
ReplyDeleteI get the sense that many of these commentators and activists would have no problem ignoring what's worked, and centralize things far more in their implementation in the US. After all, central control is always better than heterogeneity and ... ugh ... letting the states run their own systems, right?