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Megan McArdle

Why Infrastructure Investments Are a Money Pit

Bridges, hospitals, highways and schools force lasting, and expensive, choices.

Tyler Cowen pointed me to this comment on Singapore's health system a few weeks ago, which combines a forced savings model (Singaporeans save a mandatory 36 percent of their income) with public provision of low-cost services. It provides a pretty good safety net, at a very low cost, and conservatives looking for alternatives to the Obamacare model should probably start looking in Singapore.

How does Singapore combine good outcomes with low cost? Here's what Chris Conover says, in said comment: