Posted by
Ed Lilly on Sunday, November 18, 2007 7:46:24 AM
Interesting post from
Gregory Sullivan over at Pajamas Media. Here's a taste, but I recommend reading the whole thing:
Hillary Clinton’s big idea is to think the government can run a vertically integrated version of Medicine. I have my doubts. Bad managers like vertical integration because they are immune to outside pressure to perform. There are no upstream producers giving you things before you’re ready to process them, and no downstream vendors selling things before you’re ready to supply them. And vertically integrated monopolies run by the government don’t even have to worry about the customers. No one can go to another vendor. And the opposition party cannot offer an alternative other than the destruction of what been cobbled together, which is like asking if you’d like your ration card torn up during a famine once the thing gets going. The beast will never die once Igor pulls the switch, until it collapses under the weight of its own bureaucracy.