Sending 300 million people to live in the Bay Area might change some of the things that people like about the region. (But sending millions of people into the health-insurance market will have a negligible effect on prices, market structure, or incentives? Right?) ... The idea that there exists a single “right” urban cluster or a single “right” automobile or meal fails to take into account any number of variables, not least of which is the fact that people do not all want or need uniformly the same things, and that it is not really our business to tell them what they should want, even when we believe we know better... But then how is it that we have come to believe that there is a single “right” model of education, a single “right” minimum health-insurance package, a single “right” minimum price for a gallon of milk or an hour’s labor, or a single “right” choice among the millions upon millions of options in areas in which politicians insist that what is needed is uniformity and consistency based on whatever happens to pass for empirical evidence at any given moment?
Posted on: Tue, 24 Jun 2014 15:17:22 +0000
Trending Topics
Recently Viewed Topics
© 2015