So, you're Austrian school, and I'm not. Which means we disagree on what constitutes "basic economic principles".my post is pure sarcasm. How else would one respond to someone begging for more Nanny State? If an economy could be run from the top down we would all be speaking Russian. Anyone that knows anything about the pricing of scripts knows that brutal negotiation is conducted by the PBM's like Esrx and Caremark, etc., that have tremendous buying power and the profirt motive to obtain the lowest prices consistent with the greatest supply. Any price below what the PBM's negotiate would result in decreased supply or rationing. If the pharma companies could only sell to one buyer, that one buyer would set the price. We all know how well price fixing works. Your local pharmacy would be stocked with sheet that nobody wants and if you wanted anything worthwhile your two choices would be the black market or waiting in line for days. Why would suppliers make drugs to sell at a loss? I suppose you could hire professional line waiters from the Soviet Union that might be unemployed. Line waiting was big business in Russia.
Compassion uninformed by basic economic principles is not compassionate at all. William Voegeli
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. Frederick Hayek
Says who that it needs to be tweaked. It is none of your business if people prefer hair. Single payer is gvt run health care. Would you like the gvt to buy all the automobiles? If the gvt bought all cars would you say that the auto industry is not gvt run? If you know how to read a balance sheet you would know that drugs are fairly priced. Drug companies do not make excess profits.So, you're Austrian school, and I'm not. Which means we disagree on what constitutes "basic economic principles".
And, single payer is not necessarily government run health care. Under single payer, you can go to any doctor or hospital in the U.S. Doctors are not employees of the government. Hospitals are privately operated.
Any system that invests more in hair restoration drugs than antibiotics needs to be tweaked.
Single payer is not government-run healthcare. As Moynihan said--Says who that it needs to be tweaked. It is none of your business if people prefer hair. Single payer is gvt run health care. Would you like the gvt to buy all the automobiles? If the gvt bought all cars would you say that the auto industry is not gvt run? If you know how to read a balance sheet you would know that drugs are fairly priced. Drug companies do not make excess profits.