Classic Economics
We see in the news now that the medical companies are on board for getting medical costs down.
Are any of you as skeptical as I am?
Let me just go back to basic economics. Since there are so many people out there that extol the virtues of capitalism why don’t we go with a quote from the free market philosopher himself.
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” Adam Smith