Archive for September 26th, 2012

Beyond Regime Uncertainty: Corporate CFOs Predict Worsening Future »

Following on my recent post citing corporate CEOs’ complaint that continuing “Regime Uncertainty” forestalls their companies’ investing and hiring, corporate CFOs are today following suit, as reported by DeLoitte’s “CFO Signals“: CFOs’ expectations for sales and earnings growth both dropped precipitously this quarter, and their expectations for capital investment and hiring followed suit. The...
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The Benefits of Ideal Health Insurance »

Three features of ideal health insurance would make it especially superior to the health insurance arrangements that prevail today, as I outline in my recent book, Priceless: Curing the Healthcare Crisis. Ideal Health Insurance Is Patient Centered A large portion of our healthcare dollars would be placed in accounts that we individually own and control....
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Thanks, Uncle Sam, for GPS! »

John Stossel has often said “government can’t do anything better than people in a free market.”  I recognize that lots of readers of The Beacon will agree, so let me throw out one example that I believe counters Stossel’s claim: GPS. Uncle Sam put up those satellites that produce GPS signals, and none of...
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The Bazooka That Doesn’t Kill »

The chairman of the Federal Reserve and the President of the European Central Bank, arguably the two most powerful men in the world right now, have done what many people had been asking for—fire the monetary bazooka that will supposedly obliterate the four-year economic crisis. In Europe, Mario Draghi announced he would buy unlimited...
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Shortchanging Special Needs Students—Another Poor Mark for Government Schooling »

Earlier this week, President Obama said he pays taxes so other people’s children (not his own) can “succeed” by attending public schools like the ones in D.C. Here’s the latest update on DCPS’ less than stellar track record. Under the Individuals with Disabilities Education Act (IDEA), last reauthorized in December 2004, states are required...
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