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Obama May Settle for Nonprofit Health Co-ops

“President Barack Obama may accept nonprofit health-insurance cooperatives in place of a new government-run plan as long as consumers are guaranteed more choice and competition in buying insurance, a top aide said.” (Bloomberg, Friday)

Translation: Profit is the obstacle to competition and choice.

FEE Timely Classic
“Profit: Not Just a Motive” by Steven Horwitz

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