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28 August 2012

The Cheesecake Factory and Healthcare

The real point of Dr. Atul Gawande’s article on the Cheesecake Factory and healthcare in a recent New Yorker is that we can no longer afford to maintain our standard of physical well-being without sacrificing our reliance on un-standardized medical services. Yes, this will require some form of control. Our society has always chosen to rely on Government to exert this control. That’s how we manage defense, public safety, environmental preservation, building infrastructure, etc.

The record of the past few decades shows that the free market has failed to keep affordable the cost of maintaining the public’s health, particularly as the baby boomers age and they expect to live comfortably. All too much energy has been used in arguing between free-marketeers and government welfare advocates. We need to devote as much energy to convincing the public that its expectation is unrealistic that we can ever generate enough income to pay for the world’s best equitably distributed health care the way we’re doing it now.

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