This mini-documentary from the Center for Freedom and Prosperity Foundation explains that “third-party payer” is the main problem with America’s health care system. This is why undoing Obamacare, while desirable, is just a small first step if we want to reduce costs and boost efficiency.

’m not a lawyer, or an expert on the Constitution, though I sometimes play one on TV. But I can read, and I’ll agree with my friends on the left that the federal government has a broad power to tax. I wish the 16th Amendment had never been ratified, but its language gives the federal […]

I think Obamacare is bad policy because it exacerbates the main problem with the current healthcare system, which is third-party payer. And as a public finance economist, I’m obviously not happy about the new taxes and additional spending in Obamacare. But those issues are temporarily on the back burner now that the Supreme Court is […]

I like to think people in the United States still believe in liberty, and I’ve cited some polling data in support of American Exceptionalism. And it seems like that philosophical belief in individualism and limited government sometimes has an impact in the polling booth. According to a recent study, Obamacare was poison for Democrats in […]

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 chilling report to the list. Here’s some of what the UK-based Telegraph just […]

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 this chart, which shows the maze that small business […]

I’ve criticized the Congressional Budget Office for generating biased and inaccurate numbers. These are the clowns, after all, who say deficit spending stimulates the economy in the short run but they also rely on a model which seemingly predicts 100 percent tax rates maximize growth in the long run. About the only nice thing that […]