The March issue of The Foundation for Economic Education's excellent monthly magazine The Freeman is now available on the web. You can find the table of contents here. Contributors include Gene Callahan, Walter Block, David Henderson and yours truly. My piece is "Profit: Not Just a Motive," (PDF) and it explores the problems with the frequent argument on the left that we should "take the profit motive out" of various activities and industries, especially health care.
Enjoy the whole issue!
Hmm... thats very obvious. Arguing and discussions ends in the mid way. But "take the profit motive out" of various activities and industries, especially health care seems to have some meaning. Out health has to be given prior importence.
Posted by: Alex | April 17, 2008 at 11:26 AM
I enjoyed reading your article in the Freeman. I'm tempted to circulate it at the next Hillary or Obama rally but I think that would just produce blank stares. The economic calculation argument, while not terribly hard to grasp, doesn't make your spirits soar like a rousing speech about healing, hope or compassion.
Posted by: Lee C. Waaks | April 20, 2008 at 10:38 AM