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View Diary: Economics Daily Digest: High-speed internet? Not so much (18 comments)

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  •  Ezra Klein is right that education and (0+ / 0-)

    health care are similar, but he's wrong in suggesting that the recipients of the service don't want to decline. They have no choice. Education and health care are both disutilities. The recipients would rather not have them (children because they don't know better and sick people because they'd rather be healthy), nor are they able to judge the merits of the service ahead of time. In a sense, health care and education are lesser evils.
    Moreover, it is because the recipients are in a quandry that those who decide for them, the community as a whole, should pay.
    I like to identify the seven 'i's in the same class:

    incineration
    inundation
    invasion
    injury
    insult
    ignorance
    incarceration

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