Archive for February, 2016
Massive Fraud Likely in Obamacare Exchange Subsidies

The Government Accountability Office has just released a report detailing the massive opportunities for fraudulently getting tax credits in Obamacare’s health insurance exchanges. Obamacare sends billions of taxpayers’ dollars to health insurers that operate in these exchanges—$37 billion last year alone. These tax credits are used to discount premiums for plans offered in the...
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Populist Fascism and the Politics of Class Resentment

A while back one could have heard the masses chanting lustily, “Peron, Peron, Peron!” Today the masses can be heard chanting with equal fervor, “Trump, Trump, Trump!” And their gut feelings would seem to be much the same. Their dyspepsia springs, they suppose, from the evil machinations of the oligarchs whose actions have denied...
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The “Joy” of Entrepreneurship

Jennifer Lawrence is up for Best Actress Oscar for her performance in Joy, a film loosely based on the entrepreneurial rise of inventor Joy Mangano. Lawrence may have a shot at the award after her Golden Globe win for Best Actress, and this would strike an important popular culture blow in favor of entrepreneurship....
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How Socialism is Destroying Baseball in Venezuela

Spring is around the corner, which means the 2016 Major League Baseball season starts soon. Baseball has long been an international game, but more so today than ever. On opening day last year, 230 players on the 25-man rosters and inactive lists were born outside the 50 U.S. states, or 27 percent of the...
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Who’s the Bigger Witch Doctor? Gerald Friedman or Paul Krugman?

Conflict has erupted among left-progressive economists over a study touting the alleged benefits of Bernie Sanders’s proposals. Specifically, the Sanders campaign was happily citing UMass at Amherst economist Gerald Friedman’s 53-page analysis (released on January 28) that projected the eccentric candidate would deliver amazing economic performance–especially for the middle class and poor–over the first ten...
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Fear and Trembling in Phoenix: A Common Core Cautionary Tale, Part I

Arizona is widely hailed as the national leader in school choice. It is also one of a growing number of states turning against Common Core. But you wouldn’t know it from what’s going on inside the Capitol these days. Proposed legislation affirming parents’ basic rights over their children’s education is being held or amended...
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Drug Companies’ Pricing Firewall Is Melting

A recent Kaiser Family Foundation Tracking Poll brings dire news for innovative drug companies: 83 percent of the survey’s respondents favor a policy “allowing the federal government to negotiate drug prices for Medicare beneficiaries.” That includes 93 percent of Democrats and 74 percent of Republicans. There is no point discussing the rationality of this...
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Keep the Immigrants, Dump Trump’s Immigration Policies

Regardless of whether you find him remarkable or repulsive, there is no denying that the political machine known as Donald Trump has gone further than pretty much anyone anticipated. From winning key early races, to garnering a massive number of general election voters, there is the real possibility that Trump could be the GOP...
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An Interstate Compact for Health Insurance

In a recent Forbes column, I noted the very positive news that House Speaker Paul Ryan has appointed six task forces, comprised of congressional committee chairmen, to develop a governing agenda. One of those tax forces has a mandate to develop (finally) the Republican alternative to Obamacare. Two of the members, Dr. Tom Price...
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Apple vs. the FBI: Three Reasons to Side with Apple

When the story about the FBI wanting Apple to provide it with software to unlock the phone of the San Bernardino killers came out, I considered blogging about it but decided against it. The case was too clearly in Apple’s favor, I thought. Nobody would side with the government. But now I see that...
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