Lack of quality competition is in part the result of certain characteristics of healthcare quality. What we call core quality is not a variable at all. As I discuss in my recent book Priceless: Curing the Healthcare Crisis, it is the result of other decisions made by the providers. Since the vagaries of medical...
Read More »

Celebrating Life in Union, a new documentary narrated by Andy Garcia, will premiere at the 2012 New York City International Film Festival. Celebrating Life in Union tells the story of the tragedy and brotherhood of a group of former political prisoners from the Cuban Revolution, who fought for, and then were betrayed by their...
Read More »

There is no topic in healthcare that is more misunderstood than what other countries are doing. At both ends of the political spectrum, the mistake is the same: the belief that other healthcare systems are radically different from our own. They aren’t. Take the United States and Canada. I would say that the healthcare...
Read More »

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...
Read More »

Recently my fellow blogger Robert Higgs put up a post on The Beacon with this title, and I am following up with a post of the same name, after my attendance at the annual meeting of the Association for Heterodox Economics (AHE) last week. The AHE is an organization of academic economists from throughout...
Read More »

The elevated freeway that collapsed during the 1989 Loma Prieta earthquake in Oakland had long been known to be non-seismically-sound. Engineering students at nearby University of California, Berkeley were directed to the structure as a case-study in negative harmonics, and we who drove on it regularly were well familiar with the almost seasickening wavy...
Read More »

We are very pleased to announce the publication of our very timely, widely acclaimed, and compelling, new book on how to get beyond partisanship and special-interest politics to resolve one of biggest issues facing us today, Priceless: Curing the Healthcare Crisis by our Research Fellow John C. Goodman. Dr. Goodman is the renowned, free-market,...
Read More »

Of special interest to all freedom lovers is the sweeping, new, epic, independent film directed by Dean Wright, written by Michael Love and starring Andy Garcia, For Greater Glory: The True Story of Cristiada, that has just been released in theaters across the U.S. This story is one with particular interest to Garcia, the...
Read More »

A few days ago, one of the founders of Facebook, Eduardo Saverin, a native of Brazil, caused an uproar when it was made public that he had renounced his U.S. citizenship before that company´s IPO (he holds 4 percent of the shares). Two Senators, Charles Schumer (D-NY) and Bob Casey (D-Pa), have introduced a...
Read More »

On May 8th, five economists, including our Research Fellow Peter Klein, appeared in testimony before the U.S. House Committee on Financial Services Domestic Monetary Policy and Technology Subcommittee, chaired by Congressman Ron Paul. The panelists included two economists from the Austrian School, two Keynesians, and one monetarist: Peter G. Klein, Research Fellow, The Independent...
Read More »