Archive for April, 2014
Want to Start a Private Postsecondary School in California? Good Luck

Not everyone wants to attend a traditional four-year college. A lot of people want to learn a trade and start a career immediately out of high school. Vocational schools have served these people in the past and helped them learn a trade in fields such as automotive repair, cosmetology, or nursing. Other people want...
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Los Angeles County Board of Education Blocks LAUSD “Blackmail” of Charter Schools

In February the Los Angeles Unified School District board revoked the charters of Aspire Antonio Maria Lugo Academy and Aspire Ollin University Preparatory Academy—not because they didn’t perform, but because they did at a fraction of the cost. LAUSD officials revoked the charters of these two top performing, high poverty schools enrolling 770 (mostly...
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More on Obamacare’s “Bailout” for Health Insurers

We have written a lot about the so-called “risk corridors” in Obamacare. Risk corridors are one of three mechanisms whereby health insurers that lose more money than they expected in Obamacare exchanges get reimbursed for part of their losses. We covered the details of the mechanism in this post. As the administration kept changing...
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Common Core Makes Simple Math as Complicated as the Tax Code

Those of us recovering from tax day should be more than ready to answer a simple subtraction problem: What’s 427 – 316? If you mastered elementary math sometime before the onset of Common Core national standards and after “new math” had fallen out of fashion, then you can solve this problem in about three...
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Global Poverty and the Tyranny of Experts

Recovering former World Bank economist William Easterly has a new book on the folly of top-down development aid, The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor. As its title suggests, Easterly emphasizes the pernicious role played by technical “experts” from international development agencies in crafting policies that encourage authoritarian...
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Why Won’t Medicare Pay for Medical Tourism?

In a working paper published by the Mercatus Institute at George Mason University, Marc D. Joffe notes that Aetna, Blue Shield, and HealthNet offer health insurance in California that gives beneficiaries access to Mexican providers. The U.S. insurers rent a provider network from a Mexican insurer. The costs of health care in Mexico are...
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Obamacare’s Cost Is Down 8%, but That May Not Be Good News

But so is access to doctors and hospitals in the plans offered on the health insurance exchanges. A Congressional Budget Office report estimates lower federal spending (see the figure). The reason: Health plans in the exchanges look more like Medicaid than like employer-based coverage. Jason Millman reports: The CBO report points out that it...
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Gov. Bobby Jindal’s Health Reform Proposal: Pros and Cons

Gov. Bobby Jindal (R-LA) has joined the number of Republicans with an alternative health reform. His Freedom and Empowerment Plan doesn’t mince words on repealing Obamacare: The American people are in favor of repealing Obamacare. But conventional wisdom in Washington holds that the law cannot be fully repealed. I couldn’t disagree more. A country that...
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P. J. O’Rourke on the Baby Boom Generation

In a career spanning four decades and counting, P. J. O’Rourke has written twenty books on subjects as diverse as the antics of Congress (Parliament of Whores), economic development (Eat the Rich), U.S. foreign policy (Peace Kills), and civil turmoil in the world’s hotspots (Holidays in Hell). On February 13, the humorist and Founding Member...
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Let’s Start a Tax Revolt with Our iPhones

Tax Day is upon us and at the federal level we’re told that Washington spends $3.5 trillion a year. The annual federal deficit stands at $514 billion. The national debt has climbed to $17.6 trillion. All of these numbers are staggering, and that’s the problem. Few people can relate to such large numbers because...
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