Examples of market based failures abound

From the Guardian here:

The Obamacare experiment may finally prove that there’s only so much market-based solutions can do.

I don’t know why it would be shocking to anybody that the profit based part of Obamacare, insurance companies offering these stupid gold-silver-bronze packages, is a failure.

Look on the intertoobz many people predicted the Affordable Care Act was not going to be affordable over the long term before it even started.

It doesn’t take an Einstein to look around all the spheres of human activity and concluded that not everything that humans do make money.  Nobody gives a shit whether musicians make money, why should I give a shit about insurance companies don’t make money.



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