Tag: Socialism

Once More, with Feeling: Our System Is Not Socialism, but Participatory Fascism »

I continue to encounter many discussions in which the author or speaker bemoans the economic order’s drift toward socialism or, in some cases, its actual existence as such. If this characterization were simply a matter of linguistic imprecision, it might not matter much. But it is much more than a matter of terminology, because...
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Privatize Sesame Street! »

Wow, are people still talking about Big Bird? Romney said in the domestic policy debate last week that he would cut federal funding to PBS. Obama’s supporters responded with a flurry of media attention. Who knew this was such a third rail? Romney’s critics are right that ending PBS subsidies would not make a...
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Regime Change Coming in the Republic of Georgia »

Economic and political reforms have had mixed results in the former Soviet republics following the breakup of the Soviet Union in 1991. One of the success stories is the Republic of Georgia. Elections held October 1 will replace the party responsible for that success, raising questions about Georgia’s future. Many of the former Soviet...
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Obama’s 44th California Fundraiser »

President Obama has brought new meaning to “Obama 44″. It used to refer to his number as president. This week, he made it the number of fundraisers he’s attended in California. Which will be surpassed in a mere ten days. I unfortunately won’t be able to accept the emailed invitation I received today, but...
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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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Competition Based on Quality of Healthcare: Why Does Quality Rise in Free Markets and Decline with Government? »

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...
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Andy Garcia in New Documentary on Cuban Political Prisoners »

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...
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Private-Sector Socialism: What the Right and Left Don’t Understand about Healthcare in Other Countries »

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...
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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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What Crusaders for Liberty Are Up Against: Part II »

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...
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