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 economy with mandates, regulations, and other forms of intervention. […]
read more...Other than my affection for the Georgia Bulldogs, I’m not a big fan of higher education. Colleges and universities are hotbeds of political correctness, but that’s actually a minor issue. The big problem is that higher education consumes a huge amount of resources and provides inadequate value. In these two videos, Richard Vedder documents staggering […]
read more...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 get money by impoverishing others. […]
read more...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 Telegraph is a shocking combination of tragedy and farce. Some regional healthcare bureaucracies are […]
read more...This new video from the Center for Freedom and Prosperity explains why Medicaid should be shifted to the states. As I note in the title of this post, it’s good federalism policy and good fiscal policy. But the video also explains that Medicaid reform is good health policy since it creates an opportunity to deal […]
read more...This is the most depressing – but revealing – thing I have read in a long time: “the health-care sector has twice as many clerical workers as nurses and nine times as many as doctors.” That passage is from a very good column by Robert Samuelson, in which he covers a lot of ground. He […]
read more...This Center for Freedom and Prosperity Foundation video explains how a “premium-support” plan would solve Medicare’s fiscal crisis and improve the overall healthcare system. This voucher-based system also would protect seniors from bureaucratic rationing.
read more...This new video from the Center for Freedom and Prosperity discusses a proposal to solve Medicare’s bankrupt finances by replacing an unsustainable entitlement with a “premium-support” system for private insurance, also known as vouchers. This topic is very hot right now, in part because Medicare reform is included in the bold budget approved by House […]
read more...A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) explains that giving vouchers to future seniors is the best way to solve Medicare’s fiscal crisis. Narrated by Dan Mitchell, a Senior Fellow at the Cato Institute, the video is entitled, “Saving Medicare: Free Market Reforms Are Better than Bureaucratic Rationing.”
read more...I just read something that unleashed my inner teenager, because I want to respond with a combination of OMG, LMAO, and WTF. Donald Berwick, the person appointed by Obama to be in charge of Medicare, has a column in the Wall Street Journal that makes a very good observation about how relative prices are falling […]
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