Don't Coddle For-Profit Insurers—Take Them On! (or Why Paul Krugman Is Wrong About Medicare for All)

Paul Krugman won the Nobel Prize for Economics in 2008 and must be a smart fellow. He wrote on Substack August 11, “The U.S. Healthcare System is Already Mostly Socialized, and there’s nothing radical about wanting to end insurance company parasitism .” Krugman explained that taxpayers currently pay two-thirds of US healthcare costs. It’s not just the costs of Medicare, Medicaid, the Indian Health…