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Health Insurance


Arnold Kling concludes that Americans don’t really want it. But isn’t it also true that they’re a) not encouraged to get it, and b) to some extent not allowed to get it? It may be that the policies that impede the growth of a market for catastrophic health insurance reflect, in some way, what people want. But what people want in a political market is not always the same as what they would want in an economic market.


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