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To: LindyBill who wrote (87895)11/23/2004 9:44:14 AM
From: LindyBill  Read Replies (1) | Respond to of 793964
 
Seeing is believing (in the free market)
By Alex Tabarrok on Medicine - Marginal Revolution blog

Everywhere we look it seems that health care is more expensive: prescription drug prices are increasing, costs to visit the doctor are up, the price of health insurance is rising. But look closer, even closer, closer still. Don't see it yet? Perhaps you should have your eyes corrected at a Lasik vision center.

Laser eye surgery has the highest patient satisfaction ratings of any surgery, it has been performed more than 3 million times in the past decade, it is new, it is high-tech, it has gotten better over time and... laser eye surgery has fallen in price. In 1998 the average price of laser eye surgery was about $2200 per eye. Today the average price is $1350, that's a decline of 38 percent in nominal terms and slightly more than that after taking into account inflation.

Why the price decline in this market and not others? Could it have something to do with the fact that laser eye surgery is not covered by insurance, not covered by Medicaid or Medicare, and not heavily regulated? Laser eye surgery is one of the few health procedures sold in a free market with price advertising, competition and consumer driven purchases. I'm seeing things more clearly already.

Thanks to Jonathan Van Loo for research assistance on this post.



To: LindyBill who wrote (87895)11/23/2004 1:49:30 PM
From: KLP  Read Replies (1) | Respond to of 793964
 
Good post, LB....Did you see his response? Typical.



To: LindyBill who wrote (87895)11/23/2004 5:16:29 PM
From: tbancroft  Read Replies (1) | Respond to of 793964
 
I think the NAACP represents adequate authority on whether or not calling Rice "Aunt Jemima" constituted racial/ethnic stereotyping.

naacp.org

Political Criticism Should Not Be Based On Ethnic Stereotypes And Racial Slurs
Questions raised about criticism of Secretary of State nominee Condoleezza Rice

Kweisi Mfume, President & CEO, National Association for the Advancement of Colored People (NAACP), today denounced critics of Secretary of State nominee Condoleezza Rice who have resorted to the use of racial slurs and ethnic stereotypes.

Mfume was referring to a Madison, Wis. radio show host who this week allegedly called Rice, the first African American female to serve as the president’s National Security Advisor, “Aunt Jemima,” a stereotypical and subservient character often used in a racially demeaning way.

Mfume said, “Her counsel is respected and valued in her field and in the upper echelons of her political party.” Moreover, “Rice, a PhD and former Stanford University Provost, is an example of how far hard work, education and determination can take one to new heights,” said Mfume.

He went on to say that “attacks on Rice by the radio host and political cartoonists who use stereotypes and racial caricatures are just as bad as those who hide under sheets and burn crosses. This is something the NAACP has fought against for more than 95 years and something we will continue to oppose.”

The National Association for the Advancement of Colored People (NAACP) is the nation's oldest and largest civil rights organization. Its half-million adult and youth members throughout the United States and the world are frontline advocates for civil rights in their communities and monitor equal opportunity in the public and private sectors.