...my impulse to back-blog and catch up on any number of useful blog topics would be divine.
Also, I don't and so it's not.
So rather than weighing in on the weighty hot topics of the moment, let me weigh in on one weighty oft-hot topic that slips in and out of primary focus in the American mind: health care.
In brief, a good article at Slate argues that, gee, this is another case where market competition can drive extremely bad results without careful, careful planning. The point the authors make in this article is that, without restraint and (government) involvement, the health care industry would naturally and has become a competition not for best health outcomes, but for most lucrative patients -- those illnesses with the highest profit margin. So, apparently, cancer is a winner, even though diabetes may kill you just as dead, it's a B-list malady. And commonplace emergency room problems? Hypertension? General medicine? Please -- Kathy Griffin don't have nothing on them.
"The market" as the Fourth member of the Holy Christian Trinity (Father, Son, Holy Ghost, and Invisible Hand) seems to be fading fast... hopefully, it will be weak enough soon that, as an ideology, we can drive a stake through its heart.
As my graduate advisor said a class he teaches each year, (to paraphrase) "Markets exist and are good at certain things. It is pure faith, an ideology, to say that it is good at all things and always yields the correct answers -- treating it as an omniscient and omnipotent force is no different than religion, and is not a scientific approach."
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