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Tag: Privatization

Time for Taxpayer Protections on California Transportation Projects »

The new span of the San Francisco-Oakland Bay Bridge is $5 billion over its original budget and nine years past its initial completion date. Such massive cost overruns and delays have shocked the public but one key question never gets asked, or answered: Why should taxpayers be on the hook for overruns? They shouldn’t,...
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Hospital Pricing Strategies »

CNN and Time Magazine discovered how hospital charges mounted for one family. Nurses pricked the patient’s finger for a glucose test 190 times. At $39 a pop that totaled $7,410. A breathing ventilator generated 32 separate bills, totaling $65,600. There were separate charges for the IV tube and for asking for a urine bottle....
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A Simple Way to Control Healthcare Spending »

As I wrote in my recent book, Priceless: Curing the Healthcare Crisis, there is something rather simple the federal government could do that would have enormous impact in controlling healthcare costs: Allow deposits to FSAs to roll over at year end and grow tax-free.[1] Here’s the backstory. Like HSAs and HRAs, Flexible Spending Accounts...
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Country’s Largest Roman Catholic Education System Embraces “Entrepreneurial Partnerships” and Outsources School Management »

A private foundation will begin managing the country’s largest Roman Catholic education system on September 1. The Archdiocese of Philadelphia will transfer management of 17 high schools and four special-education schools to the Faith in the Future Foundation. Declining enrollments, closings, and rising costs prompted the shift. “We’ve done a good job for years...
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Goldwater Was Right about the Dangers of “Big, Inflationary Government” »

In Sen. Barry Goldwater’s 1964 campaign ad against big government, the narrator warns a young boy who’s parking his bike at grandma’s house, “Don’t look now young man, but somebody has his hand in your pocket. It’s the hand of big government. It’s taking away about four months pay from what your daddy earns...
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Outsourcing Public Schooling »

What do you do with a public school district that spends more than $16,500 per student, runs deficits upwards of $11 million, and where student performance has stalled? Outsource school management, according to officials in one Michigan city. Highland Park City Schools are among the lowest ranked schools in the state. Highland Park Community...
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Georgia On My Mind »

I am leaving tomorrow to teach in a week-long economics program for college students in the Republic of Georgia. Georgia was one of the Soviet republics until the Soviet Union dissolved 21 years ago, and the country has made remarkable strides in the two decades since. After a slow start, Georgia instituted major economic...
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How Much Does Health Insurance Affect Health? Some Surprising Answers »

There have been a number of claims that lack of insurance is life threatening. The most recent and well known is an Institute of Medicine (IOM) study claiming that 18,000 people die every year because they do not have health insurance.[1] Using a similar methodology, a study for the Physicians for a National Health...
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The Aurora Shootings »

The horrendous and calculated, July 20th shootings in Aurora, Colorado, are a great tragedy not just for the victims and their families but for everyone who can clearly see the utter evil of such acts and the helplessness we all feel as a result. However this massacre might have been far less likely for...
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John Goodman, Anthony Gregory and Robert Murphy to Speak at 2012 Freedom Fest! »

We are delighted that our Research Fellow John C. Goodman, Research Editor Anthony Gregory, and Research Fellow Robert P. Murphy will be among the many speakers at the upcoming 2012 Freedom Fest in Las Vegas (July 11-14), and we invite you to visit with us at the Independent Institute’s booth at the conference. 10:55...
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