Care Quote by Murray Rothbard
“[Professional politicians] don't mind if price controls cause shortages of health care. In fact, they welcome the prospect, because then they can impose rationing; they can impose priorities, and tell everyone how much of what kind of medical care they can have. And besides, ... there's that deeply satisfying rush of power.”
About This Quote
Source Speech: Interview on Economic Policy, 1970s
Politicians may favor price controls because they create shortages that allow them to allocate resources and wield power.
In simple terms: Politicians like controls that let them control scarce resources.
Beware of policies that concentrate power through scarcity.
Themes
Mood
Type
When to use this quote
- healthcare budgeting
- policy design
- public administration
- advocacy
- legislative strategy
Key Concepts
Questions to Reflect On
- How do price controls affect patient outcomes?
- What alternatives protect both affordability and availability?
Such controls can lead to inefficiencies and reduced access for those in need.