Here is a fine attempt at explaining the cause of high healthcare costs. And, of course, it will be either ignored or rejected.
I believe the major obstacle blocking acceptance of the libertarian explanation of rising healthcare costs is not problems with its theoretical formulation or that we make poor arguments, but the perceived heartlessness of a theory which discourages the government from subsidizing the healthcare of the poor and elderly.
This is the major weapon that the liberal Republicrats have against libertarians. We can make brilliant, logically sound arguments until our faces turn blue, but the politicians will still have the people’s hearts because they promise easy answers and the assurance that they can just magically make it work.
An intractable problem.
