While the politicians in Washington are poised to undermine the healthcare system with additional layers of taxes, spending, and regulation, Steven Chapman proposes to use markets to improve a part of the system that is suffering from a punitive form of price…
Daily Analysis
Personal Accounts Are Better than Empty Promises from Social Security
My Cato colleague Jose Pinera makes a powerful argument for “privatizing” Social Security, which is something that has happened in about 30 nations. My Ph.D. dissertation was on Australia’s private system, so I’ve always had a soft spot for…
Decimating Obamacare.
Dan Mitchell doesn’t get to talk until after the 3-minute mark, but he then explains why Obamacare will undermine the healthcare system. His basic point is that government intervention is the reason why the current system has problems, and that those problems…
Washington Post Calls for Postal Service Privatization!
Do my eyes deceive me? Has you-know-what frozen over? Something strange clearly has happened in the universe, because the Washington Post’s editorial page has published a very sensible piece about the Postal Service, noting the system is fundamentally unsound…
Good Robber Barons vs. Bad Robber Barons.
Dan Henninger authored a fascinating column in the Wall Street Journal a few days ago comparing people who became rich honestly to those who used government favoritism. He warns that Obama’s policies will encourage the latter version – meaning that smart…
Mark Steyn Is 100 Percent Correct on Left's Motive for Government-Run Healthcare.
During the Cold War era, there was something known as the Brezhnev Doctrine, which was the notion that once a nation was taken over by communists, there was no going back. A similiar principle takes place in the battle between statism and freedom in America. The left…
The Obama Administration's Dangerous Re-Definition of Poverty.
A former colleague from my days at the Heritage Foundation, Robert Rector, has a very disturbing article at National Review Online. Robert explains that the Obama Administration is putting together a new – and rigged – definition of poverty that has…
Tom Sowell: Restoring Free Markets Is the Way to Fix Healthcare.
As usual, Tom Sowell uses basic economics to explain a confusing topic. His core insight is that government has undermined market forces, which is leading to rising costs. Obama and the other statists somehow think more government will make things better:…
Real World Evidence for the Laffer Curve from the Government of Washington, DC.
President Obama is proposing a series of major tax increases. His budget envisions higher tax rates on personal income, increased double taxation of dividends and capital gains, and a big increase in the death tax. And his health care plan includes significant tax…
Bush's Minimum Wage Increase Killed Jobs.
In addition to being in favor of more spending, increased regulation, bailouts, and protectionism, President Bush also saddled the economy with a big minimum wage increase. A new study shows that this pernicious policy has destroyed more than 500,000 part-time jobs….