Unfortunately, he conducts the analysis as though there is no concept such as free market healthcare,
This makes the otherwise excellent analysis bizarre,
The choices are not only various managed versions of Obamacare and Trumpcare but free market care. When you add free market healthcare to the mix, all versions of Obamacare and Trumpcare in comparison become, to use a Trumpian term, losers.
It is difficult to understand why on such a prominent stage, such as Bloomberg, Cowen doesn't discuss general principles and mention free market healthcare.
Rothbard would never simply lay out the current details without comment that the problem was much deeper.
Indeed, when the precursor to Obamacare, Hillarycare was being discussed. Rothbard smashed it in toto. From his piece, The Devilish Principles of Hillarycare:
[S]ince healthcare constitutes about one-seventh of the American output, there are enough details and variants to keep a host of policy wonks going for the rest of their lives.
But the details of the Clintonian plan, however diabolic, are merely petty demons compared to the general principles, where Lucifer really lurks. By accepting the principles, and fighting over the details, the Loyal Opposition only succeeds in giving away the store, and doing so before the debate over the details can even get under way. Lost in an eye-glazing thicket of minutiae, the conservative critics of Clintonian reform, by being "responsible" and working within the paradigm set by The Enemy, are performing a vital service for the Clintonians in snuffing out any clear-cut opposition to Clinton's Great Leap Forward into health collectivism..[T]he Clinton health plan must be fought against root and branch...Satan is in the general principles.Cowen's article is odd. It provides, as I say, an excellent analysis of the political state of the current healthcare proposals but leaves the reader dangling with no sense as to what form of health care is best. This dangling, of course, could be eliminated if general principles were introduced into the discussion. But this is not done. Instead, we are told about the proposals delivered but are not told the proposals will suffocate the healthcare system and a much better alternative is available.