How Many Libertarians Does it Take to Fix the Health Care System?
There’s an old joke about a Southern preacher who is asked whether he believes in the sacrament of infant baptism. “Believe in it?” thunders the preacher. “Hell, son, I’ve seen it done.” In Mortal Peril: Our Inalienable Right to Health Care?, Richard Epstein gives testimony that markets should be left unfettered to distribute health care services. Arguing from first principles, he aims to persuade that the messy, confusing business of health care is best dealt with by simple legal rules: permit free contracting, countenance no government-induced subsidies, recognize no positive rights. One leaves this particular revival tent feeling he has heard a good sermon on the wages of sin (failed government regulation), but has not been given much reason to believe in the preacher’s promised land (libertarian capitalism).