In my latest blog post for Learn Liberty, I take on arguments against decentralizing health care policy to the states on the grounds of fiscal capacity: So if federal ACA spending were cut or even zeroed out, why couldn’t states that like the legislation simply reinstate the same taxes and spending that the federal government … Continue reading The Health Care Shell Game: Why Not Leave Policy to the States?
There is a delightful piece in the New York Times on the reaction of the Harvard faculty to the reality of health care reform: For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost. But those remedies will … Continue reading Ideas have Consequences
The NYT editorial board is concerned about the shortage of kidneys for transplants. As one might expect, the most obvious solution to the problem is automatically dismissed: While some argue that the way to reduce the growing shortage is to pay living donors for kidneys, either in cash or government benefits, there are many ways … Continue reading Organ Markets
Market failure is often cited as a justification for policy intervention. However, one always faces the possibility that the costs of government failure may be greater than the costs of market failure. In the end, there must be a weighing of the costs and the benefits of policy. We witnessed a great example of government … Continue reading The Costs of Creating a “Federally Facilitated Market”
Today we go back into the archives to find a quote that is every bit as timely today as it was when first issued. We will also play a game: name the author. The rules are simple. If you can identify the source, feel free to add it to the comments (no cheating). I know … Continue reading Quote of the Day
The Census Bureau is changing its annual survey, making it difficult to measure the impact of the Affordable Care Act. As the NYT reports: An internal Census Bureau document said that the new questionnaire included a ‘total revision to health insurance questions” and, in a test last year, produced lower estimates of the … Continue reading The Empirical Record
For those who failed to sign up for Obamacare, the administration has provided a list of 17 ways you can get an extension. Apparently the extensions will be granted on the honor system (check a box, and we will trust you). If none of the justifications for extensions apply, you may only have to wait … Continue reading Extensions