When The State Plays God Someone Lives and Someone Dies
The Fundamental Problem of Economics states that people with infinite demands will attempt to meet those demands with limited resources. This predictably fails. The best we can hope for is what is called a Pareto Optimal solution where you pretty much do the best you can with what you have. Much of the debate between boosters of command economies and free market economies centers on how a society works towards getting more to dole out and a Pareto Optimal distribution of what they have.
The socialists in Venezuela solve this problem by rationing. They ration food. The socialists in America solve this problem by rationing. They ration donated organs available for transplant. This can lead to heart-breaking and intractable dilemmas in which there is no answer that maximizes everybody’s happiness. In just such a dilemma, US Secretary of Health and Human Services, Kathleen Sebelius learned just how hard a job it was to be queen.Read More »