Taxes and spending are two of the most obvious burdens imposed by government, and I’m glad that many people are fighting against a political class that seems to have a limitless appetite for a bigger public sector. But politicians also can do great damage to an…
Daily Analysis
New Studies Show the Middle Class Is Held Back by Government-Distorted Healthcare, not Income Inequality
I did a debate on income inequality for PBS, but haven’t written much about the issue because I think it is a misguided diversion. One frustrating aspect of this debate is that folks on the left genuinely seem to think the economy is a fixed pie and that rich people…
Another Horror Story about Government-Run Healthcare that Can’t Possibly Be True According to Paul Krugman
Paul Krugman has told us that awful stories about government-run healthcare in Britain “are false.” I guess this means that the media must be dominated by conservative liars, since we keep getting reports about substandard care and needless deaths…
More Great Moments in Government-Run Healthcare
Even though Paul Krugman has told us that horror stories about government-run healthcare in Britain “are false,” we keep getting reports about substandard care and needless deaths (see here, here, here, here, here, here, here, here, and here). Well, let’s add another…
A Painful Example of Obamacare’s Tax Complexity
As this image illustrates, the internal revenue code is a nightmare of complexity. And this chart shows how Obamacare is turning the health care system into a Byzantine nightmare. So what happens when you mix bad tax policy and bad health care policy? Well, you get…
The Deadly Impact of Government-Run Healthcare in the U.K., but Don’t Expect a Krugman Retraction or Apology
The United Kingdom has one of the most statist healthcare systems in the world. Indeed, my Cato colleague Mike Tanner produced an excellent study showing that the U.K. system is more rigid and centralized than what is found even in nations such as Germany and France….
From the U.K., another Great Moment in Government-Run Healthcare
I’ve written several times about the sometimes-deadly shortcomings of government-run healthcare in the United Kingdom (see here, here, here, here, here, here, here, and here), so I like to think I’m relatively immune to being surprised. But this story from the…
Congress Made a Deal, but Still No Solutions
The big news is the deal reached to extend the debt ceiling. That politicians reached a deal amongst themselves to extend the nation’s credit so they can borrow and spend more money should not come as a surprise, nor should the fact that the deal, being spun as…
Notwithstanding Paul Krugman’s Assurances, the United Kingdom Announces More Healthcare Rationing
A couple of years ago, Paul Krugman assured us that government-run healthcare was a good idea, writing that “In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these stories are…
The Federal Government Has Been Bailing Out Romneycare, but Who Will Be Available to Bail Out Obamacare?
The Beacon Hill Institute in Massachusetts has just released a very good – but very depressing study. The research finds that costs have jumped under Romneycare, but that’s not surprising. After all, politicians always underestimate the cost of new entitlements. The…