Tuesday, March 5, 2013

The obvious sometimes needs pointing out

Andrew Sullivan points out someone making good arguments that seems just too obvious. Markets fail. The private market has severe problems with things like health care, where you can't just walk away from the deal. There are things that are good for society and for businesses that aren't profitable or profitable enough to interest investors or for-profit companies big enough to do what needs to be done. Yes, needs to be done, not would just be nice to do.