Katherine Mangu-Ward

So I think these are places where, of course, you're right that those are barriers to entrepreneurship.

But it's not it's the solution isn't what if the government just gave everyone.

I mean, I think that there's there are.

First of all, I am close personal friends with plenty of wonks that would be happy to sit here and talk for 45 minutes about exactly how we could do this.

You've been at parties with those guys and they are fun.

But, you know, I do think there are ways to unwind it.

And we've tried over the years in some perverse ways.

Obamacare contain the seeds of some of that.

know it's either thirty dollars or it's six hundred dollars you're like this something's missing here the market's not involved well and i think the phrase like phony prices like these fake prices that's that is the key actually to almost all of the dysfunction in the way that health care is provided in this country because we no one can see prices

anywhere in the system.

Prices are very, very invisible to all parties.

So the the doctor actually doesn't know how much you're getting charged.

You don't know how much you're getting charged.

The insurance company on some level has this information, but they, of course, are also taking their cues from the government set prices that that come out of

I was going to be crazy.

They come out of someone's head in a government office.

Yes.

And all of the prices are fake.

And I think one of the most important, like if you were to ask me, what is one of the core insights that has shaped your personal political philosophy?

It's that prices contain information.