There are some sane economists

    and  Brad DeLong’s does a daily summary , Here are a few ....

    :

    Republican claims that only those who want full socialism believe the market fails in health care: Paul Krugman: "Some readers ask why my argument that relatively centralized systems work better for health care than the “free market” isn’t an argument for government ownership of everything. The answer is that health care is different:……………………………………………………….. And we’ve known that since Kenneth Arrow’s classic …….. half a century ago.

    ( Flavius:                 The American Economic Review.December  1963.Uncertainty and the Welfare Economics of Medical Care.)

    …………………………..."

    Republican claims that "The Republicans have a plan for Medicare, but the Democrats don't. Where's the president's plan?": Ezra Klein: "Democrats don’t just have a proposal that offers a more plausible vision of cost control than Ryan does. They have an honest-to-goodness law. The Affordable Care Act……………………………………... “If this is a competition betweenRyan and the Affordable Care Act on realistic approaches to curbing the growth of spending,” says Robert Reischauer, …………………………………………………, “the Affordable Care Act gets five points and Ryan gets zero.”"

    Tim Pawlenty's claims that under him the economy will grow at 5%/year and all problems will be solved: Clive Crook: "The moment I say something kind about Mitt Romney ("He is in many ways a capable and effective candidate") he criticizes Obama for throwing Israel under the bus by uttering the phrase "1967 borders" in the course of reaffirming long-standing US policy. That learned me. Now Tim Pawlenty soars to far greater heights of nonsense with his proposals on the economy…………………………………………………………

     David Brooks's claim that free-market capitalism has to be the best way to manage the health-care system: M.S.: "DAVID BROOKS had an op-ed in the New York Times yesterday that proclaimed the near impossibility of restraining costs in health care through centralised government efficiency evaluations, which is being justly ridiculed by people (who know)………………………………. the world's centralised government-regulated health-care systems is far cheaper than America's relatively decentralised private-sector 

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    .........and many others. You could read them.F

     

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