Summary from National Center for Policy Analysis (as I don't get the WSJ)
COST CONTROL FOR DUMMIES
[Source: Merrill Matthews, "Cost Control for Dummies," Wall Street Journal, August 15, 2007.]
http://online.wsj.com/article/SB118714325206398102.html
Whenever the government controls prices, it arbitrarily determines who it will
pay, how much, and for what, explains Matthews.
Someone explain to me why this is seen as "arbitrary"? Are they tossing coins? As long as we can maintain an open debate about healthcare spending priorities, decisions will not be "arbitrary." Though, I think , the definition of arbitrary for many, is that it didn't go their way.
Cheers, Sphere: Related Content
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