Thursday, November 7, 2013

Kling on the Cutler Memo

Article Link

from the article:
Yet the problems go even deeper, and the late Kenneth Minogue had the correct diagnosis when he said that the political process encourages people to become fantasy despots. Cutler, President Obama, and others who want to use government to reform the health care system suffer from “Fantasy Despot Syndrome.” They want to introduce reform through government dictate because they lack the patience and pluck to reform health care the market way, through entrepreneurial trial and error.

Source: Arnold Kling,"Fantasy Despot Syndrome and Healthcare.gov," The American,  November 6, 2013

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