Would Hayek Vote For Obamacare?

by Patrick Appel

Will Wilkinson thinks not:

Singapore, I think, has the closest thing to the sort of system Hayekhad in mind. Among wealthy countries, it spends the smallest percentageof GDP on health care, and it gets about the best results. You knowwhat that's called? Efficiency. How do you getit? Competitive markets with freely moving prices under the rule oflaw! It's the sort of thing you're in favor of if you want everybody tohave access to really good health care and money to spend on...