One of the most excellent things about Austrian economics is that its methodologies cut through so much self-righteous posturing. The current healthcare debate is one area in which people strive to emulate Robin Hood as much as possible as they yell and scream on behalf of the rights of the poor. It’s all well-intentioned enough, for the most part, but the indignation really gets annoying after awhile.
Below, however, is a video from Congressman Ron Paul (R-TX), who is an OB/GYN. He discusses the healthcare situation from an Austrian economic perspective, and in only a few minutes, he makes far more sense out of the situation than all the other pundits rolled into one.
H/T to LRC.