On Healthcare, In Principle

Healthcare is a service and therefore a privilege to procure, not a right.

If someone is forced to provide a service, then that is at the very least totalitarian and at worst slavery.

Three things:

1. If it’s legally codified for healthcare providers to be forced to provide services, then don’t be surprised when all other industries’ workers are forced to provide their services on some kind of grounds, whether similar or different. It’s happened in many countries.

2. If services are made a legal right, then that legal right must be fulfilled. If that legal right cannot be fulfilled because there aren’t enough servicemen/women, then don’t be surprised when the government forces people into the profession(s). It’s happened in many countries.

3. The most fundamental right is to property, and the most fundamental form of property is the body (hence, the most fundamental argument against slavery). If one were to argue that healthcare is a right, then one cannot simultaneously argue in favor of abortion (except when the mother is in danger of dying). The two concepts are antithetical.

But…this is America, it’ll be different with us, right? To which I laugh heartily.

For more on property, check out Murray Rothbard’s article:

Property and Exchange

For the history you didn’t learn in school, check out Liberty Classroom:

Get the equivalent of a Ph.D. in libertarian thought and free-market economics online for just 24 cents a day….

Trumpcare: What it is and Why it Won’t Work

This week, the Republicans finally revealed their new health care plan meant to replace the Affordable Care Act (ACA). Already branded “Trumpcare,” the new plan repeals some bad parts of the ACA, leaves the worst part, and replaces the bad parts with worse solutions.

Earlier this week, Peter Schiff released a podcast explaining the differences and offering scathing criticism of the plan, which he says, is just another big-government program with Republican wrapping paper. I will summarize his points here, attach his podcast below, and offer my commentary.

Under Trumpcare, the worst mechanism of the ACA, the prevention of discrimination based on pre-existing conditions, will remain. This prevention presents a significant moral hazard that completely undermines the point of selling insurance.

What if we allowed drivers to purchase car insurance to fix their car after they had been in an accident? What if we allowed customers to purchase and collect life insurance after they were already dead, or had contracted a life-threatening illness? Not only is this immoral, it is completely illogical. This extreme intervention in the free market is the main mechanism driving premiums up. Under Trumpcare, this blunder will remain. Continue reading “Trumpcare: What it is and Why it Won’t Work”

Money & Government: Part 1

False Perceptions

By Steven Clyde

“Money, get away. Get a good job with more pay and you’re O.K.

Money, it’s a gas, grab that cash with both hands and make a stash. New car, caviar, four star daydream. Think I’ll buy me a football team.

Money, get back. I’m all right, Jack, keep your hands off of my stack.

Money, it’s a hit. Don’t give me that do goody good bullshit. I’m in the hi-fi fidelity first class traveling set. And I think I need a Lear jet.

Money, it’s a crime. Share it fairly but don’t take a slice of my pie.

Money, so they say, is the root of all evil today. But if you ask for a rise it’s no surprise that they’re giving none away.”[1]

Money is one of the most misunderstood facets of our personal lives, and we spend a large portion of our existence attempting to acquire more of it. Furthermore, the general public lacks a realistic sense of the world we live in based on media propaganda and misinformation spread through the lens of “conventional wisdom”; so it’s no mystery why there exists this gap of knowledge.

Still it must be true that at least some of us realize in some aspect that this same thing we use every day is exorbitantly complex in nature. Does the average citizen really know what the Federal Reserve is? What a reserve ratio is? What inflation is (beyond the thought of their price of living rising)? Should they be expected to?

To quote Murray Rothbard from a 1970 piece when he was attacking the Anarcho-Communist school of thought, which was heavily attracting Marxist-Stalinists at the time:

“It is no accident that it was precisely the economists in the Communist countries who led the rush away from communism, socialism, and central planning, and toward free markets. It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a “dismal science.” But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. Yet this sort of aggressive ignorance is inherent in the creed of anarcho-communism.”[2]

Murray N. Rothbard

Yet, to this day most have not even the slightest interest in economics or history, yet take positions which would have to imply they are masters of both.

Before we examine money in full, a few examples of how our thinking is heavily influenced by information that is false will illustrate why it’s critical to dissect these assertions. There will never come a time when it won’t be important to stress the pontifications of the main stream media, and their half-truths.

Continue reading “Money & Government: Part 1”