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In One Image, Everything You Need to Know about Health Insurance, Community Rating, and Pre-Existing Conditions

by Dan Mitchell | Jul 2, 2017 | Blogs, Economics, Health Care

When discussing government involvement in the health sector, I usually focus on the budgetary implications. Which makes sense since I’m a fiscal wonk and programs such as Medicare, Medicaid, and Obamacare are diverting ever-larger amounts of money from the economy’s...
The Invisible Hand of Free Enterprise Enables Great Prosperity

The Invisible Hand of Free Enterprise Enables Great Prosperity

by Dan Mitchell | May 6, 2017 | Blogs, Economics, Free Market

When contemplating the importance of good public policy, we can learn a lot from bad examples. Why did the Soviet Empire collapse? Why are Cuba and North Korea so poor? Why is Venezuela falling apart? The answer, in no small part, is that economies suffer immensely...
Durbin Amendment Routing Provision Costly to Consumers

Durbin Amendment Routing Provision Costly to Consumers

by Andrew F. Quinlan | Apr 1, 2017 | Opinion and Commentary

Originally published by Townhall.com on March 31, 2017. Once again, politicians in our nation’s capital failed to beat the free market by setting price controls. This should come as no surprise. Historically, government price-setting has never resulted in any...
All Bank Customers Would Benefit From Undoing Durbin Amendment Price Controls

All Bank Customers Would Benefit From Undoing Durbin Amendment Price Controls

by Andrew F. Quinlan | Jul 20, 2016 | Opinion and Commentary

This article originally appeared on The Daily Caller on July 18, 2016. Shortly before the massive 2010 Dodd-Frank Act was signed into law, Congress approved an amendment to the bill from Sen. Dick Durbin that had nothing to do with financial reform. It instead decreed...
Puerto Rico’s Economically Illiterate Government Imposes Price Controls

Puerto Rico’s Economically Illiterate Government Imposes Price Controls

by Dan Mitchell | Feb 26, 2016 | Blogs, Economics

When I point out that Puerto Rico got in trouble by allowing the burden of government spending to grow faster than the private economy, thus violating my Golden Rule, honest leftists will admit that’s true but then challenge me on what should happen next. That’s a...
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