Friday, June 26, 2009

Saves You Money!

Paul Krugman (somewhere) argues that we need the government option to use its bargaining power to save us money (and that's good). Somewhere else, Tyler Cowen (and Milton Friedman, from the beyond) argue that the government, through its monopoly power, can force savings, and that's bad (I guess because the government is thereby taking money away from deserving cardiologists and hospital corporations).

Hmmm.

I think I will go with Krugman.