Archive for March 13th, 2013

Obamacare Subsidies Create Perverse Incentives »

The Affordable Care Act offers radically different subsidies to people at the same income level, depending on where they obtain their health insurance—at work, through an exchange, or through Medicaid. These subsidies are arbitrary, unfair, and even regressive. Along with the accompanying mandates, they will cause millions of employees to lose their employer plans...
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The Sequester: Crisis Bungled »

Robert Higgs’ wonderful book, Crisis and Leviathan, says that government grows in response to crises. A crisis comes along and government responds by expanding, both in size and in scope. After the crisis passes, government shrinks, but not back to its former level. Government grows by ratcheting up in response to crises. Rahm Emanuel,...
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