> Scott wrote:
> I'd like to think that even someone who gets his news from Comedy
> Central can see the subtle, yet important, differences there.
>

Well only you know if you understand a market economy, but your
"distinction" isn't quite right because it ignores the market.

In other words, if you want to buy dinner at a restaurant the market
has provided everything from McDonalds to Charlie Trotters.

YOU - if you're an rational informed actor - decide what the *meal* is
*worth* to YOU.

The key is that the meal is priced by the market via its packaged
*value* to you.

In other words, you're not paying the cost of production, or an hourly rate.

If you were, the restaurateur would have little incentive to be
efficient since you're footing the bill for inefficiency.

The goofy thing with healthcare is that the patient footing the bill
for inefficiency BUT THROUGH INSURANCE!

So not only does the patient not know the value, but they also don't
know cost of production.

In that way the current healthcare system is the absolute worst
possible system that could exist.

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