Wednesday 29 July 2009
The idea that private markets are the most innovative is a complete myth. Most of the profitable sectors of our economy have been developed, funded and protected by the state sector (infrastructure, aviation, the internet, technology for example), and the notion that the government couldn’t run health care properly is simply laughable. The governments in virtually every other industrialized country do a better job than the privately run U.S system, something McArdle conveniently omits. TheDailyBanter.com ☀
