In a free economy, insurance companies would be going to buyti companies and san he there's this new disease. We'll buy in advance ex amount of doses that only government can do. I think covert has shown us how incompetent the government is when it comes to crises like covert. Think about the testing fiasco. That would have never happened in a private market. Only govere could create a fiasco on the scale of what they did with testing in the united states. But even the vaccine distribution was a joke. These collective action issues are much better dealt with by collective action,. Where individuals participate in a group a, wherether its health insurance or other some kind of other voluntary corporation in order
Michael Shermer speaks with entrepreneur, writer, and activist Yaron Brook about Ayn Rand, Atlas Shrugged, Objectivism; individualism vs. collectivism; the nature of human nature; altruism, cooperation, reparations, and charity; the starting point of morality and the foundation of ethics; collective action problems and how they are best solved; our moral obligation to help those who cannot help themselves; the Is-Ought problem of determining right and wrong; reason and empiricism; immigration, abortion, foreign wars, the welfare state, and terrorism.