Death Panels

[Youtube=http://www.youtube.com/watch?v=g6ojBgTyA7I]

(H/T @JPFreire)

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3 Responses to “Death Panels”

  1. Verbal Grappling Hooks Says:

    It is so sad to see that people have decisions made for them on the basis of costs.

    Although the HMO’s capitation system is just as despicable.

  2. JaketheMuss Says:

    Death Panels are essentially already in existence.

    As Adam Smith said (and this is a direct quote): “When the Government and health insurance companies get together SHIT GETS FUCKED UP”.

  3. Jacques Chester Says:

    This is plain jane economics. Marginal cost. People value life very highly, but they value it finitely.

    Free market mechanisms would give us ‘death panels’ composed of invisible hands, but the cost-benefit decision would still be made. Just out of sight in a distributed fashion.

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