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To: Skeeter Bug who wrote (212553)	7/26/2009 2:14:41 PM
From: grusum	Read Replies (1) \| Respond to of 306849

S: how did that profit motive work for making loans and MBSes and CDOes more "efficient?" <g> those profits were from crime, not free markets. people rob banks for profit too, but that doesn't mean the profit was from the free market. profit from fraud and theft benefits no one but the criminals. --------------- S: i have to admit, they did blow the fabric of our economic universe to smitherenes with the utmost "efficiency." but, alas, that's not the kind fo efficiency we want. yes, no one wants efficient crime but criminals. -------------- S: while true in many cases, the view that it always works in every case is too simple minded. free markets do work in every case. everyone benefits from a free market, but many times the ways are hidden because our knowledge can never be perfect. -------------- S: in this particular case, we spend more than double than any other nation and are less healthy. we were a wealthy nation with lazy thinking people that were easy for insurance companies to take advantage of. easy pickens for sophisticated snake oil salesmen. ------------- S: that isn't my definition of "efficiency," unless "efficiency" is separating patients from their money. fraud raises the cost of everything. ------------- S: efficiency is getting information out about a diet that was correlated with an 83% reduction in the incidence of diabetes and mobilizing every doctor in the country to learn and teach this diet to all their "at risk" patients. as you say, many doctors are motivated by profit not necessarily what is in the patients best interest. ------------- S: it will never happen, precisely b/c the it doesn't maximize profits. in a free market it would maximise profits. in a fraud ridden market, it isn't so. ------------- S: that's profit induced inefficiency at its worst. agreed. ------------ S: ask you doctor to tell you about the diet that is correlated with an 83% reduction in diabetes and i'll bet he gives some shuck and jive and can't answer the question. find an anti-aging doctor. don't accept substandard care. ------------- S: making this study even more amazing, the most at risk people stuck to the diet most closely and they, the most at risk people, saw the 83% reduction compared to the least at risk people. Lindybill has a good thread thread on this stuff. "heart attacks, cancer and strokes. ----------- S: to a large degree, we are killing ourselves. slowly. that's a recipe for inefficient, expensive (but highly profitable!) medical care. yes, first we eat crap food and then we get crap medical care. we need to take back responsibility for our health. time to get off the processed foods.