Tag Archives: central planning

Specialization

These article is adapted from a talk given at the graduation dinner for the residents of the Department of Internal Medicine at Texas Tech University Health Sciences Center in Lubbock on May 27, 2011 Specialization is when people concentrate on one thing or another at which they are good. I will limit my remarks to…


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Hayek in Brief

Frederich Hayek (1899-1992) was one of the most profound and influential thinkers of the 20th century. His most famous book is The Road to Serfdom, which though first published in 1944, is currently the #1 bestseller at Amazon.com. That this book is so widely read and so widely ignored by the leaders of the West…


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The Amazing Noncollapsing US Health Care System

The above title is from another NEJM article. It’s interesting from a number of perspectives. It admits that medical care is provided to uninsured patients through a network of public and voluntary hospitals, free clinics, etc. It concludes that this safety net has prevented the collapse of the system that many have predicted over the…


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