Well, I'm not surprised. Personally, I think I'd find a completely private system far more agreeable if it was backed by rigorous anti-trust laws. Small business is the lifeblood of capitalism.
The problem with healthcare is that demand for it is inelastic and thus under any conditions a just price could never exist.
1. Actually, demand for health services is quite elastic.
2. What is this "just price"? This is the first time I hear of smthg like that.
The problem w/ healthcare is asymmetric information. That's the true problem.
1. When you make a counter claim you should provide some supporting details, and sources.
Go to scholar.google.com and google elasticity demand health services. You will find as many papers as you'd like that that estimate this elasticity as statistically distinct from zero. Not that it matters: elasticity of demand is not the major issue here, unless, of course, there is truly a monopoly in health services provision (in wich case the problem is the monopoly, not the elasticity). Asymmetric information, though, is THE problem.
Yes.. if we were just all fed your opinion on healthcare, we'd have no problems!
