Studies have shown
that no matter how good lawmakers' intentions, and no matter how much money... Despite
its hyperfocus on the details of Obamacare’s disastrous rollout and the news that
millions of Americans are losing their insurance coverage, Washington is
missing the bigger picture of what the rollout glitches represent. That's the much deeper problem of government
intervention in general.
Indeed, the
problems of Obamacare’s healthcare.gov or the negative consequences of the law
should come as no surprise to those familiar with the work of public choice
economists such as Nobel Prize winner James Buchanan. Their studies have shown that no matter how
good lawmakers’ intentions, and no matter how much money government spends,
government solutions are very likely to fall short of solving most of our
problems — and often have disastrous consequences….To Read More…….
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