Tag: Business

Death Valley? Peter Thiel and Steve Jobs on What Could Kill Silicon Valley »

On January 27, legendary entrepreneur Peter Thiel told a packed house at the Olympic Club in San Francisco that to blaze new trails ask: “What important truth do very few people agree with me on?” One of mine is that California will not be the epicenter of the tech industry someday. But why would...
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Peter Thiel’s Contrarian Manifesto »

[Editor’s Note: The Independent Institute is hosting a sold-out event, “Developing the Developed World: Entrepreneurship, Liberty, and the Future,” with Peter Thiel on Tuesday, January 27, 2015.] “Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a...
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Employers Who Dump Workers onto Medicaid: The New Corporate Welfare Queens? »

There have been a lot of predictions about the future of employer-based health benefits under Obamacare. Reports suggest that increasing numbers of small businesses are dropping health benefits and sending their employees to Obamacare’s insurance exchanges, where they are partially subsidized. Other businesses have found a bigger cost-shifting approach. BeneStream, a new benefits advisor,...
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No Jobs Bump from Obamacare »

Last Friday’s employment report demonstrated once again that Obamacare is not having the effect that the health services industry overall hoped for: Employment in health care is increasing at pretty much the same pace as in the rest of the economy. There is no evidence of an Obamacare jobs bump.

I, Nutella »

“The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society’s legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand....
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Last week’s GDP Estimate Included a Massive Upward Revision in Health Spending »

Last week’s third estimate of 3rd quarter GDP contained a significant upward revision to the real (inflation-adjusted) increase in GDP, from a 3.9 percent in the second estimate (released in November) to 5.0 percent in the third estimate. November’s second estimate of 3rd quarter GDP included very tempered growth in health spending. The third estimate blows...
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CROmnibus and Cronyism for Blue Health Plans? »

Despite the end of Obamacare’s “bailout” for health insurers, some of our friends who seek to repeal and replace Obamacare insist on finding a crony capitalist under every bed and in every closet. Yuval Levin, at National Review Online, appears to have been the first to identify an adjustment to an insurance regulation, buried in the...
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Hiring in Ambulatory Clinics Back on Track; Other Health Jobs Lagging »

Last Friday’s employment report from the Bureau of Labor Statistics caused some joy in the land: 321,000 jobs were added in November. My Forbes colleague Bruce Japsen cheered about an “Obamacare jobs bump” in health services. If true, this would be an example of Bastiat’s broken-window fallacy: Broken windows create employment for glaziers, so the government should...
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Consumer-Driven Plans Increase Share of Employer-Based Benefits »

Consumer-driven health plans seized five more points of market share in the employer-based benefits market, according to Mercer’s latest report: Mercer survey finds average total health benefit cost per employee rose 3.9% in 2014; Enrollment in high-deductible, consumer-directed health plans (CDHPs) jumps from 18% to 23% of all covered employees following a surge of new...
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Plain Brown Wrappers? »

It once was true that copies of Playboy, Hustler, and other (soft or hard) pornographic materials were delivered to subscribers in generic envelopes so that no one, including your local postal carrier, could see what publications you had ordered. I, of course, know that fact only on the basis of hearsay evidence. Nowadays, though,...
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