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In today’s Washington Post [2], Alberto Mingardi of the Istituto Bruno Leoni [3] in Italy draws lessons from his country’s experience to warn Americans against increasing Uncle Sam’s role in providing medical care. Here’s his concluding paragraph:
So by attempting to hold down drug prices, the Italian government has
deprived its citizens of the best care without reducing health-care
spending. And it has deprived the country of what could be a vibrant
sector of the economy. In their rush to revamp Medicare, U.S. policy
leaders should be careful not to make the same mistake.
Bruno Leoni [4] (1913-1967), by the way, wrote a wonderfully deep and profound book on the nature of law, entitled Freedom and the Law [5].