Opinions/Editorials
See other Opinions/Editorials Articles
Title: Friedrich Hayek Joins Ayn Rand as a Hypocritical User of Medicare
Source:
Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2011 ... critical-user-of-medicare.html
Published: Sep 30, 2011
Author: Yves Smith
Post Date: 2011-09-30 10:02:56 by lucysmom
Keywords: None
Views: 2080
Comments: 7
We’ve been a bit hard on the left of late, so we figured we’d take some steps to balance our programming. Mark Ames, who has been doggedly on the trail of the Koch brothers, found a delicious failure to live up to his oft-repeated standard of conduct by a god in the libertarian pantheon, Friedrich Hayek. And this fall from grace was encouraged one of the chief promoters of extreme right wing ideas in the US, Charles Koch. Bear in mind that Charles Koch has not merely promoted libertarian ideas generally but in particular founded the Cato Institute, which has done more than any other single organization to wage war on Social Security. Koch wanted Hayek to come to the US in 1973 to become a “distinguished senior scholar” at the Institute for Human Studies, which Koch quickly made into a libertarian citadel. Hayek initially turned the opportunity down, saying he had just had an operation, which made him particularly aware of the dangers of falling ill abroad. Austria had close to universal health care; Hayek’s comment strongly suggests he took advantage of it. Per Yasha Levine and Ames in the Nation: IHS vice president George Pearson (who later became a top Koch Industries executive) responded three weeks later, conceding that it was all but impossible to arrange affordable private medical insurance for Hayek in the United States. However, thanks to research by Yale Brozen, a libertarian economist at the University of Chicago, Pearson happily reported that “social security was passed at the University of Chicago while you [Hayek] were there in 1951.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, mininggold, brian s, mcgowanjm (#0)
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
A BOOFERIFIC PING
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
This, from the comments section following the article, made me think of Badeye: "Given that so many well heeled valiant libertarian warriors are merely paying chump change in an employer health plan, with no idea what private healthcare financing plans of the sort to which they have become accustomed actually cost out on the open market, they may think they prefer to go the free market route. (Almost) makes you want to give it to them." (do I respect Badeye's request to not ping him, or do I observe chat room courtesy and ping him?)
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
Who gives a shit about what Boofer wants...? But, I've made the suggestion to the mouthbreathers around me that they should "opt out" of their medical insurance and pay it on their own. Hilarious when they respond that health care costs are sky high because of the uninsured. They want both sides of the argument...insurance costs are high because they have to insure evryone while health care costs are high because we're paying for those who don't have insurance...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
As someone who has been paying his own way for over a decade now, I second your recommendation. There's nothing like seeing the "free market" in insurance up close and personal to understand what a completely screwed up system it is. Just one example. Would you like to move to another state? Go right ahead, but don't expect your insurance to follow you there, even if your current insurer offers policies in the state you'd like to move to.
My brother, whose career is giving away theater for free, pays out his ass for coverage for himself and his wife.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
In the end, they shoot themselves in the foot cause they don't want any undeserving poor people to get somethin for nothin.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
"There can be no compromise on basic principles. There can be no compromise on moral issues. There can be no compromise on matters of knowledge, of truth, of rational conviction." Ayn Rand
#2. To: Badeye (#1)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#3. To: war (#2)
A BOOFERIFIC PING
#4. To: lucysmom (#3)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#5. To: war (#4)
But, I've made the suggestion to the mouthbreathers around me that they should "opt out" of their medical insurance and pay it on their own.
#6. To: Skip Intro (#5)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#7. To: war (#4)
They want both sides of the argument...insurance costs are high because they have to insure evryone while health care costs are high because we're paying for those who don't have insurance...
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]