Archive for October, 2015
Health Services Accounts for One-Fifth of Weak Q3 GDP Growth

Wednesday’s advance estimate of Gross Domestic Product for the third quarter indicates that growth in health spending is maintaining a disproportionate share of weak GDP growth. Commenters noted that the weak estimate was largely due to shrinking inventories. This explains why personal consumption expenditure (PCE) growth ($135.7 billion) was actually higher than GDP growth ($121.1 billion),...
Read More »

No More Common Core in Arizona

Arizona Superintendent of Public Instruction Diane Douglas made national headlines last year for standing up for parental rights in education and opposing Washington, DC-driven Common Core standards. This morning, Superintendent Douglas motioned the state education board, the entity responsible for adopting Common Core in Arizona back in 2010, to vote on the standards, which...
Read More »

High-Deductible Health Insurance Crushes Health Spending

A new working paper published by the National Bureau of Economic Research (NBER) shows how much high-deductible health plans reduce spending: We study consumer responsiveness to medical care prices, leveraging a natural experiment that occurred at a large self-insured firm which forced all of its employees to switch from an insurance plan that provided...
Read More »

Israeli Restaurant Owner Uses Market Incentives to Advance Peace

The owner of the Hummus Bar in Israel offers a 50 percent discount to Jewish and Arab customers who share a table together. A small step for peace perhaps, but an illustration of how markets encourage cooperation and peaceful interaction. Here is a two-minute story on the business owner and his idea, airing today...
Read More »

The Cascading Collapse of Obamacare’s COOPs

One piece of Obamacare is already collapsing: The COOPs (cooperative insurers) that the federal government propped up with loans to compete in exchanges. Many are now closing down under pressure from state insurance departments, as they are threatened with insolvency because they charge premiums in the Obamacare exchanges that do not cover costs. The...
Read More »

The Silliness Surrounding Mascot Nicknames Continues

“California Bans Use of ‘Redskins’ as School Mascot or Team Name,” according to a recent headline in the Sacramento Bee. Governor Jerry Brown signed a bill implementing that prohibition statewide, apparently “without comment,” on Sunday, October 11. According to the same newspaper story, the new law affects just four California high schools, located in...
Read More »

Whistleblower Reveals Drones Are Deadly and Poorly Used

For those interested in when and how the U.S. government uses drones abroad, getting data is difficult, if not impossible. I speak from personal experience. In writing on the use of drones internationally and domestically, I’ve found that data is sparse. Putting together anything that resembles a “comprehensive data set” means hundreds of hours...
Read More »

Children Are Not Creatures of the State: New Hampshire Edition

Politicians across the country like to claim that they’re all in favor of local control of education—until parents and their locally elected officials actually start trying to exercise it. The small New Hampshire town of Croydon is a case in point. Like many small towns in New Hampshire, Croydon does not have public schools...
Read More »

Canada’s Turn Left

It is not yet clear if the political sea change that has taken place in Canada will also be ideological. Under the leadership of Justin Trudeau, the 43-year old neophyte who has never held an executive post, the left-of-center Liberals have unseated Stephen Harper’s Conservatives with an overwhelming parliamentary majority that no poll or...
Read More »

Milton Friedman’s Solution for Social Security Would Work for Government Pensions, Too

Milton Friedman, the 1976 Nobel Laureate in economics, was interviewed on the television program Uncommon Knowledge in 1999, and he offered a solution to Social Security’s financial problems: shut it down. But Friedman didn’t advocate that the federal government walk away from its promises. Social Security participants are owed a stream of payments during...
Read More »

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