> I'd rather just agree to disagree on philosophy and economics.
I'm sure you would. I'm armed with a long list of time-honored principles that allow a big player to anti-competitively grind a small player into the ground long before any real competition can take place.
You are armed with your faith in the market.
> Where we disagree is whether or not it is possible to create the conditions for a truly competitive market primarily by reducing state involvement. I believe it is.
You hit the nail on the head: I believe that there are a handful of important markets where the "more freedom!" approach not only doesn't lead to optimization, but leads to counter-optimization.
I take international comparisons of health care costs/efficacy as my evidence.
> In my opinion, fears of private monopolies are generally unwarranted, that most "natural" private monopolies are flimsy and temporary.
If only I could force reality to comply with your opinion, I would be a much happier person.
> I fear more the monopolies created by the government, such as the monopoly that "licensed" physicians hold
I fear a "free" health care market more than I fear a single-player "govrnment monopoly."
I also object to the use of the term "monopoly" in relationship to the government. Market monopolies have direct incentive to screw you for whatever they can, and they get to keep the spoils. The government has checks and balances that frustrate the process, and the people involved get to keep a far smaller fraction of the spoils. Market monopolies are worse.
I'm sure you would. I'm armed with a long list of time-honored principles that allow a big player to anti-competitively grind a small player into the ground long before any real competition can take place.
You are armed with your faith in the market.
> Where we disagree is whether or not it is possible to create the conditions for a truly competitive market primarily by reducing state involvement. I believe it is.
You hit the nail on the head: I believe that there are a handful of important markets where the "more freedom!" approach not only doesn't lead to optimization, but leads to counter-optimization.
I take international comparisons of health care costs/efficacy as my evidence.
> In my opinion, fears of private monopolies are generally unwarranted, that most "natural" private monopolies are flimsy and temporary.
If only I could force reality to comply with your opinion, I would be a much happier person.
> I fear more the monopolies created by the government, such as the monopoly that "licensed" physicians hold
Seriously?
http://en.wikipedia.org/wiki/List_of_countries_by_total_heal...
I fear a "free" health care market more than I fear a single-player "govrnment monopoly."
I also object to the use of the term "monopoly" in relationship to the government. Market monopolies have direct incentive to screw you for whatever they can, and they get to keep the spoils. The government has checks and balances that frustrate the process, and the people involved get to keep a far smaller fraction of the spoils. Market monopolies are worse.