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Arnold Kling Discusses Cost Containment in Health Care

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Uploaded by on Jun 5, 2009

From a patient's point of view, the ideal health insurance policy would offer unlimited access to medical services at no charge. Unfortunately, it is not feasible to offer this to everyone. The key to sustainable health care reform is restraining the use of services that have high costs and low benefits. Cato Institute Adjunct Scholar Arnold Kling, author of Crisis of Abundance: Rethinking How We Pay for Health Care, examines the challenges facing health reformers and the feasibility of alternative proposals.

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  • Well done as always.

    I LOVE CATO except on foreign policy.

    Hopefully someday CATO will realize building a rich libertarian empire with little defense is a big juicy target of plunder for the rest of the world.

    Other than that I love CATO.

  • it is plenty loud, fix you speakers. OK.

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  • I mean, Jefferson. It was a typing mistake.

  • Ah, and I almot forgot to mention Thomas Jeferson who fought America's first war on terror against the Barbary States which supported piracy against the US.

  • Dear whoo, did you know that Arnold himself is a foreign policy hawk? And he is not the only one among Mason and Chicago free market economists. Think at Walter Williams, Thomas Sowell or Gary Becker!

    I never really understood why somebody who is for limited government has to reject a strong national defense. I would recommend you to read the chapter about national defense in Smith's Wealth of Nations, it's really enlightening.

    Btw, Truthpolice has the point.

  • Spending a little on national defense is suicide when 1.5 billion Islamic fascist are in the jihad mode.

    Call me a bad Libertarian but I want my military out in the world killing bad people and conquering communist and fascist regimes.

    We had a isolationist policy in the 1930's. It didn't work and never does.

    If we get rid of SS and all the other crap there will be a small federal government even with a trillion dollar defense budget.

    Killing thugs always is a good policy.

  • Cato proposes getting RID of the empire, so what the hell are you even talking about? The ideal form of America would be a small-gov't nation inside and OUT. Little spending on defense and domestic. No more military-industrial complex with contractors defrauding the taxpayers up the wazoo.

  • That's nonsense. We should libertarian ON ALL FRONTS, ESPECIALLY foreign policy. Hegemony is the reason we're so hated and insecure worldwide. Hegemony stretches a nation too thin. It makes us too vulnerable to attack. How many times have terrorists tried to or attacked our embassies or military bases, namely in the Middle East? If we didn't have hegemony, ,that would never happen. Terrorists would have to do the even harder task of trying to get here first. Plunder, my fucking ass.

  • George Mason and Chicago School's econ departments should be clear models what Economics Departments nationwide OUGHT to be, NOT the MIT Keynesian version or any of the other nonsense. George Mason's, which probably has the highest percentage of libertarians as a share of overall econ faculty, is the top model, I'd say. They also are open to Austrian economics, which at least shows their propensity to think outside the box.

  • "Libertarians who are socially conservative used to be called Republicans."

    NOW they are called idiots. Opposing free flow of human and other forms of capital is racist and xenophobic. The Republicans lost because they failed to recognize this.

    Social Conservative failed, Luckily it looks like Obama is leaving pretty much in the direction of free trade.

  • I have to agree, I love Libertarian Ideas, but on issues like securing borders and legalizing prostitutions, they lose me. (Although I'm slightly skeptical about erecting big walls between US and Mexico).

    Libertarians who are socially conservative used to be called Republicans. Now I'm left with Cato.

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