&gt; It seems so right from an Adam Smith invisible hand point of view: offer choice, allow people to shop around, and costs will go down, right?<p>&gt; The US has already been running this experiment—the results are in, and it&#x27;s a huge loser.<p>No, we&#x27;ve really <i>not</i> been running that experiment: we don&#x27;t offer much choice, we don&#x27;t really allow people to shop around, and most importantly, the <i>vast</i> majority of people aren&#x27;t paying directly for their own care.<p>The U.S. most <i>definitely</i> does not have a free market in health care, and hasn&#x27;t for decades.