Mike Munger, Duke political scientist and sometime Libertarian Party of North Carolina gubernatorial candidate, explains his support for single-payer health insurance: I would prefer personal responsibility, and a competitive market in health care. Modeled after the very successful, constantly cheaper, constantly better quality, service in Lasik surgery and other "elective" surgeries. If someone, anyone, would … Continue reading Munger on Single-Payer
I am working on a book on socialism this summer, and my preparations for it have led me to read quite a bit of interesting material. Here are a few noteworthy titles, in no particular order: 1. How Much is Enough? Money and the Good Life, by Robert and Edward Skidelsky (New York: Other Press, 2012). … Continue reading Summer Books
Consider the following two policy options: Option A: You are required to buy health insurance. If you do not, you must pay a penalty of X dollars. Option B: Everyone’s taxes are raised by X dollars. If you have health insurance, you get a tax rebate of X dollars. How are these options different? In … Continue reading Mandate equivalence (or why everyone is wrong)
First, for most Americans the amount due will be far less than the price of insurance, and, by statute, it can never be more. It may often be a reasonable financial decision to make the payment rather than purchase insurance . . . Indeed, it is estimated that four million people each year will choose … Continue reading Was this a victory for universal coverage?
The Supreme Court's decision to uphold the Affordable Care Act (don't call it "Obamacare"!) gives me a great sigh of relief. Although I was one of those who thought it well-nigh impossible to be overturned when the lawsuits were initially filed, over the last several months I began to think that there was actually a … Continue reading Obamacare Upheld: Thank Goodness!
Markets fall after ObamaCare ruling?
Huh? Orin Kerr at VC notes this about That Man in the Supreme Court's thinking: If I am reading the Chief Justice’s opinion correctly, the upshot is that real economic mandates are beyond the power of Congress. Congress can’t force action where there was none. The individual mandate is constitutional because despite the name, it’s … Continue reading Tax Not So Coercive?