Archive for August, 2013
Will Obamacare Help or Hurt the Economy?

Ask almost any employer and there won’t be much doubt: the Affordable Care Act is likely to raise the cost of labor, discourage hiring, and have a negative effect on the economy. Some economists are pushing back, however. In 2011, David Cutler of Harvard testified that the Affordable Care Act would reduce average health...
Read More »

Creative Destruction—The Best Game in Town

In his justly famous 1942 book Capitalism, Socialism and Democracy, Joseph A. Schumpeter described the dynamics of a market economy as a process of “creative destruction.” In his view, innovation—“the new consumers’ goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates”—drives this...
Read More »

Infringed: Second Amendment in the Crosshairs

In 1996, Australia imposed some of the world’s most severe gun bans and restrictions. The only problem: no criminals heeded the policy. Now, says New South Wales Police Commissioner Andrew Scipione, “Guns have fallen into the hands of organized crime, outlaw motorcycle gangs, mid-level crime groups and petty thieves.” The lesson? Gun controls weaken...
Read More »

The Republic of Georgia’s Uncertain Economic Future

Over the past ten years the Republic of Georgia has seen a remarkable amount of economic progress. Twenty-one years ago, Georgia was one of the Soviet republics, and struggled economically after the break-up of the Soviet Union. Its economic turnaround came with the election of Mikheil Saakashvili as president in 2004. He fired all...
Read More »

Health and Higher Education

We spend about twice as much as other developed countries as a fraction of national output. Yet our results are mediocre. Public and private spending is growing much faster than our income ― putting us on a course that is clearly unsustainable. It appears we are buying quantity instead of value. Outcomes vary wildly...
Read More »

Balanced Budget Amendments, Good and Bad

(Updated Aug. 4, 2017) Good intentions often lead to bad results. Unfortunately, Republicans can be just as vulnerable to this trap as Democrats. An effective Constitutional amendment requiring a supermajority of both houses of Congress to increase the national debt limit is long overdue. Republicans in Congress have proposed a series of well-intentioned Balanced...
Read More »

Aircraft Targeted for Unconstitutional Searches

The Fourth Amendment to the Constitution prohibits searches and seizures without probable cause. Since 9/11 searches without probable cause have increased alarmingly, as most Americans must know. Here is another case that applies to a narrow enough population that most Americans are probably unaware of it. That population is general aviation pilots and the...
Read More »

Coming Soon: The Strange Case of the Chong Chon Gang

This is a bizarre story that challenges any logical explanation. Any? Well, not exactly. We are inclined to believe that our personal sense of risk and rewards is shared by everyone. We are wrong. Totalitarian and fascist leaders have their own logic for approaching reality. Friends and foes of the Cuban government were recently puzzled...
Read More »

The Inescapable Reality of Blowback

Nidal Malik Hasan, the U.S. Army major and psychiatrist who murdered 13 military and civilian personnel and injured dozens more at the Fort Hood Army Base in Texas on November 5, 2009, has explained why he did so: “I would like to agree with the prosecution that it wasn’t done under the heat of...
Read More »

Is Equality the Right Public Policy Goal?

A new Health Policy Brief from Health Affairs and the Robert Wood Johnson Foundation examines research on health disparities in the United States: Researchers Erika Cheng and David Kindig found that life expectancy varies from county to county by as much as ten years or more... In [another] study, the country was divided into...
Read More »

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org