Quote Of The Day

“All of this hints at the problems that plague many of the studies Ezra and others have been citing, showing marvelous results from insurance:  as I said in the beginning, uninsured are not like the rest of us.  Do I think that my risks would shoot up to match those found by the studies Ezra likes?  No I do not, and I doubt that Ezra would try to argue otherwise.  I have immense resources at my disposal, most of them non-monetary.  There are many ways in which I would like to even out those differences, but privilege cannot be transferred into someone else’s checking account.  Indeed, as libertarians are fond of pointing out, government systems can frequently end up catering to privilege even more than the private sector; check out which post codes in Britain or Canada get the best medical services, or check out the massive disparities between the educations received by the poor children in New York City public schools, and the educations received by the middle class kids whose parents lightheartedly imagine that by siphoning an excess share of the system’s resources into their little darlings, they are somehow supporting the cause of educational equality.” — Megan McArdle, responding to Ezra Klein on the studies citing the benefits of health insurance

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