Avgas Where is the ceiling?

On 2006-04-24, Jay Honeck wrote:
Now, do I really think that this guy EARNED that much money? Nope --
not by a long shot.

He charged what the market would bear for his services -- that's how the
free market worked (sure, the health system has plenty of distortions,
but doctor's pay is not one of them: reduce doctors pay to what you
think they are 'earning', and you'd be hard pressed to fill the posts
because the doctors are smart enough to find somewhere else where they'd
get paid more).

Also, I'm not sure whether you miss it or not, but capitalism does need
some moderation otherwise it ends up just as bad as the old Soviet
system (for one, it tends towards monopoly which is BAD for free
markets. Yes, unmoderated capitalism can end up destroying the free
market).

--
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Now, do I really think that this guy EARNED that much money? Nope --
not by a long shot.

He charged what the market would bear for his services -- that's how the
free market worked

For HIM it's a "free market' -- but the health care market is far from
free.

In a true free market, a department head wouldn't be paid such an
exorbitant sum. Our health care "system" (really a giant, entangled
mess of regulations and interlinked government programs) has distorted
the market to the point where this guy is paid primarily to fleece the
system -- not to help provide health care.

To truly appreciate how f*cked up our health care system is, you need
to note: The hospital this doctor works for is a NON-PROFIT
organization.

Think about it.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

On 2006-04-24, Jay Honeck wrote:
For HIM it's a "free market' -- but the health care market is far from
free.

In a true free market, a department head wouldn't be paid such an
exorbitant sum.

And the department head would find there was a shortage of doctors. This
would result in him having to increase doctor's pay until the shortage
was addressed - supply and demand. That's unless immigration rules were
abolished.

--
Yes, the Reply-To email address is valid.
Oolite-Linux: an Elite tribute: http://oolite-linux.berlios.de