Daily Analysis

Obamacare Complexity vs Free Market Simplicity

Free markets are characterized by voluntary exchange between buyers and sellers. Mapping that relationship is absurdly simply, as this image indicates. Indeed, the only reason I even bothered to include that image was for purposes of comparison. Here is a new…

Abortion, Third-Party Payer, and the Cost of Health Care

A major problem with America’s healthcare system, both before and after Obamacare, is the fact that consumers very rarely spend their own money when obtaining healthcare. Known as third-party payer, this problem exists in part because government directly finances…

Wherein I Agree With The Statists: Don't Let BP Win

Iain Murray writes at the Washington Examiner that advocacy groups Change.org and the Alliance for Climate Protection are arguing – in an email entitled, “Don’t Let BP Win!” – that “Stalling climate and energy legislation would be a big win for oil…

Faith in Government Regulators is Misplaced

Shakespeare would likely describe the latest major legislation winding its way through Congress as a piece of legislation crafted by idiots, full of sound and fury, signifying nothing.  Rather than address the systemic distortions created by prior government policies,…

Postal Service Reform is Easy

The U.S. Postal Service has been hemorrhaging money for decades, and it’s not hard to understand why.  As a government protected monopoly, the Postal Service cannot adjust to changing market conditions like an ordinary business.  In addition, they are often…

President Obama's Disastrous Response

President Obama used his first televised speech from the Oval Office, ostensibly on the topic of the BP oil spill, to run through his usual speech-making checklist, which includes blaming Bush and beating up on idealogical straw-men, like his long ago debunked…