/biz/ - Business & Finance

>>56798284
>can't really afford healthcare if he privatizes it in the same way it works in the US

Luckily he has no intention of "privatizing" it like it is in the US.

>>56368891
Alabama is 25% black, has only a single major port (Mobile), and has had almost it's entire history as being an agrarian economy, with manufacturing only recently becoming a significant industry in the state.

Leftist/populist economic policies are poison. The more you take the unhealthier you become. America has taken less so even the stereotypical, bottom-tier states like Alabama compare well to more prestigious areas in Europe.

http://bastiat.org/en/twisatwins.html

>>27586321
Yes, this is a thing which is possible and regularly happens in a free market. Thanks for understanding.

>>27586349
>it only works for them because their followers are too stupid to figure out what the fuck trickle down economics even are. You tell them massive tax cuts for the rich will trickle down to them and create and jobs and shit and they will gobble that shit up like cornbread.
It's the opposite, it's you gullible idiots who have lead to believe that conservatives actually believe this. It gives you an invisible enemy to fight against while the central banks and governments rob you blind. Enjoy being a tool.

>>21307265
A lot of countries, yes. You seem to think it's a good thing. Dumb neetsoc.
>>21307587
>capitalism is part of the current dialectic along with marxism.
Capitalism isn't even a real thing, it's just a marxist strawman argument.
I and most of the people in these threads advocate free markets, not "capitalism".
>capitalism reduces people to atomized units and I do not support that in the least.
No it doesn't, collectives are made up of individuals, before the state destroyed everything individuals formed their own collectives and communities in free markets.

>>21083651
Don't forget that as well as inflation, government intervention is the reasons healthcare and education are so expensive.

>>14613754
I’d like to post this image before this thread dies, and ask you anons how accurate it is.

>>9591912
Protip: A privatized healthcare system is superior and cheaper.
pic related

>>9371934
>it just means that things cost a higher number.
THIS
I don't know why this is so difficult for brainlets to understand.

>>9371943
>we also need a safety net
Free markets provide the best safety net.
If there is a deflationary currency that constantly deflates as the economy grows, people have a massive ton of disposable income.
It was even possible in the 1800s/early 1900s.
pic related

>>8959724
>>8959745
Actually I prefer a TOTAL free market in healthcare because I believe it will be even cheaper and far more technologically advanced.
But still, yours and Switzerland's is second best.

>>7782818
>so if your product are piercings how are you bettering society?
If you don't like piercings, blame the people DEMANDING piercings you idiot.

>if you sell meth or cigarrettes, how are you bettering society?
Some people like to smoke, blame them.

Why are you using these examples of niche industries when we are talking about the economy as a whole.
What about food?
What if there is a company with a great idea for an automated vertical farm.
In your ideal world their success will not depend on whether or not they can get the price of food down enough to benefit consumers, but if some government scumbags will lend to them.
What a bunch of bullshit.
It's society that should make these decisions. Not YOU.

>hey we got us an enforcing commie here! who are you to say whats legal and illegal?
I meant to say LEGAL, I made a typo.
Incredible you couldn't pick up on that looking at the context.
>the buyer fucks himselfs
The buyer has a fun fucking time short term, idiot.

>say there is little govt and there is a town with like 400 people that needs a hospital but no company will build it cause they have to charge like crazy and nobody will use it.
lmao, first off prices are expensive because of the govt, secondly, a hospitable would be incredibly expensive because TONS of people would use it.
what is even your argument?

>you said its was already starting to explode. We are decades away from asteroid mining
It's "exploding" in the sense it's miles away from where it was 10 years ago, it still has decades until we reach AM levels.
>yea they showed up later
Yes, a minute or so later because it takes a minute cooldown in between posts. Are you new?
>riight, who do i trust?
Society, you anti-social fuck.
Consumer reporting groups are socially based.

>in a dog eat dog, pure profit driven country? yeah good luck
But you're horribly wrong.
People naturally organically form communities, no unnatural government violence is required
PIC FUCKING RELATED
kys anti social fuck

>>6693527
>and give it directly to the jews
It's taking power away from jews/big pharma/insurance companies and giving it to white doctors and fucking PATIENTS.
Jews and the medical establishment does everything in it's power to prevent free markets in medical care.
You suck their fucking cocks and believe whatever they tell you.
I bet you're on pharmaceutical drugs right now.

You slimy fuck, kill yourself you kike.

>>5753146
>All our evidence points that insurance markets are incredibley inefficient for health care due to asymmetric information
Fucking bullshit.
>look at how expensive America's healthcare system is
This PROVES MY POINT.
The entire reason healthcare prices are going up is the fact that government intervention makes it go up. Government and health insurance companies are in bed.

>Fucking libtards saying "muh government" to literally every economic problem, flying straight in the face of reason and evidence.
Except all reason and evidence points in our favor.

>Also most money in pharma is spent marketing the same products differently (again, asymmetric information) rather than on R&D cos the only way a consumer can know whether a product works is through branding.
Guess who gives big pharma oligopolies and restricts their competitors? THE GOVERNMENT! The FDA!

Also why during the early 1900s was healthcare super cheap and insurance is what KEPT DOWN prices? pic related
Explain this.

This asymmetric information explanation is a fucking joke and is filled with so many holes, the biggest one being that the healthcare market worked beautifully in the 50s and 60s when the government was much less involved.

Healthcare monopolists like yourself should be shot.

>>5387646
>American insurance companies have much larger premiums, with much smaller benefits.

And American insurance companies have some of the lowest profit margins of any industry. They usually make a sliver of money above their enormous outlays which can go into the red very easily in cases of oddball occurrences like category-5 hurricanes or something like 9/11.

The US government has progressively ruined healthcare in the US and even then we still have dramatically better cancer survival rates than the almost all European countries because we don't have rationing.

>>4393201
To add, Rothbard is not the only Austrian economist I like but the guy had an IQ probably around 150 and was a true master of multiple fields. What's incredibly valuable about him for learning about economics is that he was a historian as well as an economist so he could take you through real world examples of economic history and give you insight of how things unfolded like they did while being funny and engaging with his sharp, witty writing style, instead of the dry, tearfully boring, enormous tomes most econ writers churn out.

For a more /biz/-tier Austrian schooler, Peter Schiff is a good resource for practicable applications of Austrian economics for investors. He's pretty engaging overall and as a millionaire who actually uses Austrian business cycle theory and gives lectures on it, it's a unique insight.

https://www.youtube.com/watch?v=EgMclXX5msc

>FREEEEEE MAARRRKKKEEETTTT

Leftists that lie about things like this need to have their throats slit.

Kill every single one of them.

The main reason america's healthcare system is so fucked up is because it's NOT free market.

>>259049
>Except that all the people who would raise costs will be excluded from coverage.
In a free market system, insurance would be a very very small part of it. Most things would be paid out of pocket and thus the price will come down to very very little.

Pic related, when we actually had a free market in healthcare in america, this is how cheap it was and nobody was denied.
Even when it was only partially regulated and controlled in the 1950s and 60s, prices were so low everyone was taken care of.

>Universal healthcare lowers costs AND increases coverage.
Universal healthcare RAISES costs and shrinks coverage.

It also DESTROYS medical innovation, which is the sad thing.

>>216345
>>Paying for health care
That's fucking easy.

>>189664
>We should adopt France's system
So you are saying you hate medical innovation and want people to suffer and die in waiting lines?

Kill yourself.

The ONLY answer to fixing healthcare is freedom.
Look how incredibly cheap healthcare is in countries with market based medicine(hint:not usa)
Singapore and Switzerland.

Look how cheap healthcare was in the united states before the government took it over.

>>158740
>Regardless, most countries have a government set max
This guarantees the price to always be set at that level, even if it could be delivered cheaper. Let's just assume for a moment that the government is getting a better deal than the people can at the moment. What happens when prices fall? Consumption rises. Now this may be a good thing in terms of getting people the pills they need, but what are the resources needed for making the pills? They will be in higher demand, which will raise the prices. Now the government will subsidize it in an attempt to stabilize the prices of the resource which ignores the economic problem of scarcity and will causes shortages and dry up the supply faster.

>>112064
>How about those people who can't afford to pay?
Charity.

The price of these things would be a lot lower too.

>>85852
oh boy here we go.

>>53605
>Medical
>A good long term investment

That quasi-state market is going to get a market correction within the decade probably.

>>24476
>Without a healthy dose of socialistic measures most people would suffer through their lives no matter how much they work
Absolute bullshit.
If the state wasn't destroying and manipulating markets, people would be much better off.

Look how fucking cheap the free market made healthcare before the state took it over.