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Milton Friedman on health care, 1978 @ Mayo, wisdom is timeless.

Six part series that is informative and very timely to what we are dealing with today.  Incredibly from 1978.

Part 1 he describes a general trend of government taking over more and more over time.  It’s just what unchecked government does.

http://youtu.be/MJgbc8ojYUg

The first couple minutes of Part 2 describe exactly how this POS is happening.  The urge to tap new funds for new programs is an incentive for politics and even special interest.   But once government does a takeover, resources will diminish for current programs, moving on to new programs to take over.

http://youtu.be/zf3k9Gv8Ycg

 

http://youtu.be/OmozX7aqwkM

http://youtu.be/I_ETGZXYVfY

http://youtu.be/epyljLcm5vs

http://youtu.be/JcYXrsCSba4

What more can one really add to this?  Other than everyone should watch this and nearly every other video Milton Friedman has out on a variety of subjects in economics/government.

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