"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Friday, August 28, 2009

Competition and Health Care

John Stossel explains why real competition depends on profit and loss. Economist Steve Howritz, an old grad school colleague of mine, has more on competition as a discovery process.

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