8 ms·

Healthcare is not a public good. It is both excludable and rivalrous. In fact, it is the exact opposite of a public good. https://en.wikipedia.org/wiki/Public_

by yaacov 3y ago

Healthcare is not a public good. It is both excludable and rivalrous. In fact, it is the exact opposite of a public good. https://en.wikipedia.org/wiki/Public_good_(economics) https://en.wikipedia.org/wiki/Public_good_(economics)

CalChris 3y ago
Single Payer would go a long way towards making our healthcare system non-excludable and non-rivalrous. What we have, the MIDDLEMEN which the post complains about, are rent seekers.
- yaacov 3y ago
  No it wouldn’t. That makes no sense. You have no idea what “excludable” and “rivalrous” mean. Please read a few Wikipedia articles.
  - hef19898 3y ago
    Maybe you can rephrase in a way us peasants understand your point as well without a dictionary?
    - cooljoseph 3y ago
      Excludable = you can exclude people from benefiting from it. (E.g., Fixing global warming is not excludable while temperature control in your own house is.) Rivalrous = more people getting it leads to less for others. (E.g., Software is not rivalrous, but hardware is.)
      - hef19898 3y ago
        I wanted a rephrased statement, not a dictionary extract. Because I still have no clue what your piont is.
    - yaacov 3y ago
      My point is just that the words this guy is using have commonly-accepted meanings and he’s using them wrong.
    - deleted 3y ago
      [deleted]
  - CalChris 3y ago
    Good to know.
- deleted 3y ago
  [deleted]