> As an example in support of this, healthcare is barely price-regulated and hardly run by the government in America, and is thus extortionate.
They are supply-regulated by governments. According to Niskanen Center, the high cost of health care is due to the American Medical Association limiting new accredited medical schools and certificate-of-need laws limiting new hospitals. https://www.niskanencenter.org/faster_fairer/liberating_the_...
"Named after William A. Niskanen, an economic adviser to Ronald Reagan, it states that its "main audience is Washington insiders", and characterizes itself as moderate."
Barf. These seem like very erudite reasons when really the issue is running healthcare as a balkanized private system with opaque pricing information that patients often don't see until after they receive care is fundamentally an inefficient system. The government could run a single payer system at a loss and it would be cheaper than what we have now.
As an example in support of this, healthcare is barely price-regulated and hardly run by the government in America, and is thus extortionate.