Why the U.S. is Doomed to Have an Expensive and Inefficient Health Care System

I found this to be an extremely enlightening post, by Megan McArdle.  It’s too good to summarize, read the whole thing.  But I do want to highlight one point: government control, whether in a single-payer context like the Medicare system, or via various government mandates as in Massachusetts, has not led to lower costs.

Someone give this woman a New York Times column!