Obamacare – An Austrian Economics Lesson
Mandeville, LA – Exclusive Transcript – In Human Action, you learn one of the principles of the Austrian economists is you can’t predict what people are going to do. A scheme like the Affordable Care Act is what you should call a planned market. It is a centrally-planned market. Centrally-planned markets don’t work. They do not deliver what it is they are created to deliver. They don’t deliver it because […]
