I’m a curious entrepreneur who can’t stop noticing how incentives shape the world. Sometimes it’s mayonnaise. Sometimes it’s Medicare. Usually it’s both.
Suppose restaurants became tax exempt.
Five years later they held billions in assets.
Paid CEOs $33 million.
Reported hundreds of millions in annual surplus.
Then argued they deserved even larger taxpayer subsidies.
Would anyone still call them charities?
Why is healthcare different?