It's the purpose of any businesses to make profits from the veggie producer selling at the market to Yeti Cycles to Exxon. It's the only way they can reward themselves if self-employed, their investors who have taken risks and to re-invest in order to grow. In all likelihood you would be no...
Besides that you get hurt often apparently (I assume that if a person is a higher risk his insurance will cost him more), do you think that legislation can affect your health insurance costs? Correct me if I am wrong:
-A physician needs a medical license to practice in each state.
-You cannot...
Of course not. But from memory the author was able to show that when people cried monopoly (the classic cases you referred to) prices were still going down, and not up, despite those corporations being huge and that those who benefited from the antitrust regulation were smaller or less...
Will that help if I read such a book?
http://www.amazon.com/Antitrust-Monopoly-Anatomy-Independent-Political/dp/0945999623/ref=sr_1_3?ie=UTF8&s=books&qid=1245335060&sr=8-3
Hadley on my DH bike.
I9 on my AM bike
Hope Pro II SS on my singlespeed bike.
I will only comment on the I9 (enduro wheelset straight spokes) since I have had them three seasons and it is the bike that has been ridden the most. Spokes were trued once after a week of riding in Moab/Fruita in...
I would say this is a service but it's unimportant. But I don't see where it is a classic example of market failure when it has so much government interferences. If the gvt has his imprints on the healthcare services, and it has, then it cannot be a free market.
Medicare (16% of the federal budget) and Medicaid are federal programs funded by the federal gvt.
Nope.
http://en.wikipedia.org/wiki/Health_care_in_the_United_States
One example:
How the Tax Code Distorts Health Care
http://www.cato.org/pubs/tbb/tbb-0505-23.pdf
Government is the one who...
@Silver: what is the "good" that is an example of market failure?
@Ohio: Yes but I should have pointed out "within this forum" although I admit I have not read every single posts here. But what I read is people complaining about their own issues not necessarily about the system at large...
Indeed. The decision to go to war in Iraq was very open. All subsidies to all interest groups are very open decisions. You learn about it after the fact in the media.
The difference between public and private is that politicians will lie openly to sell you their schemes knowing very well...
What you are saying is that those statistics prove that a socialist state is working? Maybe it's the obvious answer.
http://en.wikipedia.org/wiki/Health_and_Social_Class
How would socialized medicine reduce that? Even if they now have access to health care (that's still debatable) they...
...paid for by the tax payers would be more accurate.
But yes, it's a good observation. I've been to many of those countries. My overall impression is indeed that people are happy. I also like going to Europe. Pretty much wherever you go it's easy to find very good small restaurants. And...
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