Economics Questions

Re: "Legal Restrictions on the Right of Refusal "

Bagration — Wed, 04 Nov 2009 23:02:57 GMT

That would be one. Cheers.

Re: "Legal Restrictions on the Right of Refusal "

nirgrahamUK — Wed, 04 Nov 2009 23:01:23 GMT

is it related to this?

http://www.aaem.org/emtala/

Re: "Legal Restrictions on the Right of Refusal "

Bagration — Wed, 04 Nov 2009 22:55:57 GMT

You don't really seem to understand me. Telling people that redistribution of wealth is morally wrong will have no effect whatsoever. All I asked for is evidence of restrictions on the right of refusal in the United States in regards to medical insurance. You seem to be telling me that Europe's social democracies are failures. Yes, I live in one, I already know that. I know that because I'm posting on here. I appreciate the effort you're applying but I don't see how its relevant.

Re: "Legal Restrictions on the Right of Refusal "

Sieben — Wed, 04 Nov 2009 21:58:34 GMT

Well redistribution of wealth makes things better only temporarily. This is the best case scenario where were ignore the corrupt incentive structures of the state.

As soon as producers figure out that their earnings have been cut, they will alter their productivity accordingly. Even a 10% capital gains tax will significantly reduce the return on investments, so things that were profitable under no-taxes are no longer profitable. Basically if you punish production and reward non-production, you get less of the first and more of the second. Wealth redistribution might seem to work in the short term, but over the long haul it will sink the economy.

Now onto empiricism:

I believe y'all had a problem with this when you had really really high tax rates and all the big money was leaving the country. The only reason this doesn't happen now is because the rich have found ways not to pay taxes (so this really isn't wealth redistribution, as you and all your middle class friends are paying for your own services). Also, western nations are superficially rich because of neo-imperialism through the IMF, UN and other international "aid" organizations.

The high quality of life in europe isn't evidence that socialism works; its evidence that slavery works. The EU doesn't provide social welfare to all its workers because the majority of its workers live in Africa.

And for advocates of "do something" government, you can also challenge how they expect to get the government to behave itself. Obviously all governments everywhere even in democratic countries experience much higher levels of corruption than private competitive firms....

Re: "Legal Restrictions on the Right of Refusal "

Bagration — Wed, 04 Nov 2009 21:02:09 GMT

The problem is that in my country (Britain) people actually do believe in redistribution of wealth so long as it provides the best outcome. It's pure utilitarianism and I would find it much easier to attack the fact that a truly free market system would be superior to our National Health Service.

Re: "Legal Restrictions on the Right of Refusal "

Sieben — Wed, 04 Nov 2009 20:03:52 GMT

The real issue isn't whether their plan is good or not, its that they will coercively implement it. You can sidestep their faulty arguments by asking why everyone has to be forced to be a part of this plan. Concede that they and anyone else who wants to is welcome to come up with a collecive health care system; this is what used to happen through fraternal orders, but dont let them force people into paying.

This forces them into an argument for coercive redistribution of wealth that you should be able to handle.

imo trying to learn all the legislation is just staggering. It goes back hundreds of years. Insurance lawyers probably dont even know all the law there's so much of it.

"Legal Restrictions on the Right of Refusal "

Bagration — Wed, 04 Nov 2009 19:51:08 GMT

So I've read in a few Mises Dailies that the US Federal Government has Legal Restrictions on the Right of Refusal in Healthcare, stuff about grouping costs in insurance premiums etc. I understand it all, the problem is that if I want to use this stuff in arguments with other people, I have no idea what legislation or what regulations have been placed on the Right of Refusal for medical insurance companies etc. What exactly are they and what Statutes do they fall under? Thanks guys, it would be very helpful if I could get some citations for this.