A Quote by Charlie Munger
I think that if you have a single payer system and an opt-out for people who want to pay more [for better service, etc.], I think it would be better - and I think we'll eventually get there. It wouldn't be better at the top - [our current system] is the best in the world at the top. But the waste in the present system is awesome and we do get some very perverse incentives.
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In comparison to the U.S. health care system, the German system is clearly better, because the German health care system works for everyone who needs care, ... costs little money, and it's not a system about which you have to worry all the time. I think that for us the risk is that the private system undermines the solidarity principle. If that is fixed and we concentrate a little bit on better competition and more research, I think the German health care system is a nice third way between a for-profit system on the one hand and, let's say, a single-payer system on the other hand.
I believe in immigration. But I feel people think it would be better if there was an Australian-style points based system so we could actually get a good system.
The biggest shortage in the world is not oil or food-it's leadership. Why is it such a scarce resource? Because egos get involved. Most people in top positions think they are better than somebody else, think they need something better than somebody else. It's economic assets, it's status, it's all those other things that prevent the people at the top from subordinating themselves totally to the people they lead. It is not socialism. Leaders get paid a lot more than those they lead, they get paid for their knowledge and skill...but they are no better as a person.
I say we scrap the current system and replace it with a system wherein you add your name to the bottom of a list, and then you send some money to the person at the top of the list, and then you... Oh, wait, that is our current system.
I will say I would leave many of the decisions of some of the things you mentioned to the generals, the admirals, the people on top, and we get some of the - the Congressmen just mentioned to me and I - I think it's true 100 percent, you get your top enlisted people in that and you have some discussions with some of these top enlisted people who know it better than probably anybody.
I'm a big believer in the system, but I just don't think we follow our own system and laws very well. I think ultimately we'll see the system collapse. Because no system has ever stayed around forever.
I want our legal system to work better. I want it to be streamlined, I want it to be clearer. I don’t think you have to — shouldn’t have to hire a lawyer to figure out how to get into this country legally.
I think, unfortunately, many opinion leaders in Germany - including government officials, politicians, social service bureaucrats and so forth - they are in the private system, and they get paid the private insurance by their employer. So for them this is the best of two worlds: They have some more expensive and privileged access, but they do not have to pay for it themselves. This is a system which is both inefficient and unfair at the same time, but it is defended by those who profit from this system, and this includes many opinion leaders and many politicians.
Our mission is to accelerate the development of a better financial system; it's not just development of a better Bitcoin financial system, and so we want to back the best teams, who have the biggest ideas, unique solutions to big problems.
I think we are faced in medicine with the reality that we have to be willing to talk about our failures and think hard about them, even despite the malpractice system. I mean, there are things that we can do to make that system better.
Navalny is a blogger-turned-activist, but he finds stuff and he puts together these very, very clever, very high production value videos which underline the corruption at the top of the system, and there are millions of people who watch them. Some people think he must have some kind of protection inside the system because he hasn't yet been completely put out of commission; he's allowed to go on. He himself has said he wants to run for president.
With a traditional human resources system, we would work with a company, select the product, customise and implement the system, and our job would be over. Some companies are changing and asking why do they need to own the HR system when they can connect to an Internet service and pay as you go?
People on the Left really want a single-payer system. They really want - so even the Left doesn't want Obamacare. They want single payer, and we want a market-driven, patient-central system.
There's not a system better than another. There are some people better than others. I'm not anti-democracy, but there's no real system yet that has proven itself to be the right one.
Asylum is for people fleeing persecution, not those searching for a better job. Yet our broken system - with its debilitating court rulings, a crushing backlog, and gaping loopholes - allows illegal migrants to get into our country anyway and for whatever reason they want. This gaming of the system is unacceptable.
The vast numbers of people who suffer some kind of mental illness under capitalism can either think, 'there is some failing with me, if only I could fit into this system better, if only I were working harder, if only I could enjoy these empty pleasures more, then things would be OK' or 'the problem is with the system that is making me ill.'
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