Et Cetera – 6 January 2014

  • A blast from the past: this 1993-1994 article by Roderick Long explains how the state solved the health care “crisis” of eighty years ago. We think of today’s health crisis as inextricably linked to our skyrocketing medical expenditures, but Long paints a vivid picture of a time during which medical care was relatively inexpensive, incentivizing health care providers to lobby the government for licensure laws and other methods of restricting access to health care and erecting barriers to entry into the field. Views of our continuing woes in the health industry today, regardless of affiliation, are in my opinion incomplete without an understanding of and appreciation for this area of the history of American medicine and health care.
  • I’ve read in a while. Kevin Erdman of the Idiosyncratic Whisk blog explains here that abundance isn’t a “naturally occurring condition” and discusses what certain elements of the Affordable Care Act might mean for scarcity, abundance, and productive capacity within the American economy. I know that sounds general and vague, but the post is hard to capture in just a few words. He also takes Paul Krugman to task for presenting the American economy as one in which
  • John Goodman of the National Center for Policy Analysis responds to Krugman’s “fear economy” column as well, arguing that Krugman’s portrait does not reflect the reality of hiring practices within our economy. Elsewhere, he highlights Scott Sumner’s reply to Krugman’s flip-flop on 2013 as a test of market monetarism. Alex Tabarrok is even more thorough.
  • (And I’m not just saying that because his retweets have steered a ton of online traffic my way, although I’d be lying if I said I wasn’t very, very appreciative of all the hits they’ve brought). Seriously, though, he and I most likely do not see eye-to-eye on a great many things in this world, but he’s right when he speaks out against people just jeering and insulting him without meeting his arguments head on. I’d be a hypocrite for and staying silent when it comes to those I disagree with. And I can sympathize with the frustration that comes from putting your views, thoughts, and hard work out there only to be met with rude sniping from anonymous internet personalities. As writers, it’s the life we choose, and as they say in the movies, we knew the risks , but doing this sort of stuff is not as easy as it might seem.
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