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Quick Update On The Conscience of Paul Krugman

Saturday, April 19th, 2014 by posted in Economics, Health Care.
Nobel Prize winning economist Krugman speaks during an interview in New York

It certainly generated amusement among critics of Paul Krugman when Gawker reported that he was being paid $25,000/month to do very little work on behalf of the City University of New York’s new program on income inequality. I truly wasn’t going

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Scary: Krugman’s Idea of ObamaCare Success Story

Wednesday, April 16th, 2014 by posted in Economics, Health Care.
Nobel Prize winning economist Krugman speaks during an interview in New York

Paul Krugman has made another installment in his campaign to promote the wonders of ObamaCare. In this post, Krugman laments that New Yorkers of all people don’t recognize how great the new health insurance regime is working  out. He tells

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Wikipedia and the Decentralization of Medicine

Monday, March 17th, 2014 by posted in Capitalism, Economics, Health Care.
Wikipedia-Business-300x300

Remember when you were in college and your professors all went into fits of red-faced, paralyzing rage at the very idea of using Wikipedia as a source for a paper? Well then, you clearly didn’t go to medical school, because

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Can’t Make ObamaCare Without Breaking Some Households

Thursday, February 27th, 2014 by posted in Health Care.
Can’t Make ObamaCare Without Breaking Some Households

Robespierre reputedly welcomed the bloody French Revolution with the chilling statement: “One can’t expect to make an omelet without breaking eggs.” Versions of the quote have also been attributed, perhaps apocryphally, to Joseph Stalin. In these cases, the phrase signifies

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Pharmacy Wars

Wednesday, February 26th, 2014 by posted in Capitalism, Health Care, Regulation.
Apotheosis teaser

The Ontario Government’s war on drugs is entering a new and more dangerous phase that is bringing increasing violence to the most unexpected of places: the province’s pharmacies. One normally thinks of pharmacies as being places of peace and quietude.

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David R. Henderson Points Out Huge Flaw in Pro-ObamaCare Claims

Thursday, February 20th, 2014 by posted in Economics, Health Care.
DRH 2008-1

The good thing about the Internet is that there is a Hayekian safety net: When a bunch of free-market economists are idiots and overlook an obvious point, eventually somebody comes along to rescue them. For today’s example, we have the

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Yet More Clarification on ObamaCare Work Distortions

Sunday, February 16th, 2014 by posted in Economics, Health Care.
Jonathan Gruber

After publishing my recent post discussing how the proponents of the Affordable Care Act (ACA or “ObamaCare”) were making a distinction without a (significant) difference on the terms “substitution effect” versus “income effect,” I saw that Scott Sumner over at

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“Income vs. Substitution Effects” Not the Issue With ObamaCare

Saturday, February 15th, 2014 by posted in Economics, Health Care.
bank-error-in-your-favor-monopoly

With the Congressional Budget Office’s (CBO’s) recent announcement that the Affordable Care Act (aka “ObamaCare”) will lead to a long-term reduction of employment of (the equivalent of) 2.5 million full-time jobs, the economics pundits are arguing over the significance of

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Awkward: CBO More Than Doubles Estimate of ObamaCare Impact on Employment

Wednesday, February 5th, 2014 by posted in Economics, Health Care.
CBO

In its new report, the Congressional Budget Office (CBO) provided good news and bad news for the Obama Administration. On the one hand, the fiscal outlook is a lot better now than, say, two years ago. (Of course, if and

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Lowering Barriers to Entry to Boost Doctor Supply

Tuesday, January 28th, 2014 by posted in Economics, Health Care.
18-cwru-white-coat-880x587

Where have all the good doctors gone? Becoming a doctor is no easy task. It takes a lot of time, a lot of effort and a lot of money to make it through medical school, and even after that there

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Healthcare: High Prices and Few Kidneys

Wednesday, January 22nd, 2014 by posted in Capitalism, Economics, Health Care, Politics, Regulation.

Start with a simple proposition: America does not have a healthcare problem. The services provided are the best on this planet, and people from around the world travel to its hospitals and clinics to seek treatment. If they can afford

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Tens of thousands of Canadians flee Canada

Sunday, January 19th, 2014 by posted in Civil Liberties, Economics, Health Care, Politics, Regulation.

Canada is amongst the top countries in the world when it comes to safety and security. So what could be so bad that it enticed tens of thousands of Canucks to flee the country in 2013? How about socialized healthcare?

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Star Trek and the Decentralization of Medicine

Wednesday, January 15th, 2014 by posted in Capitalism, Health Care.
mccoy_mediscan

The technological impact Star Trek has had on our society can hardly be overstated. Inventors inspired by Gene Roddenberry’s vision were responsible for giving us such marvels as automatic sliding doors, flip phones and even tablet computers. Now, another classic

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Where Have the Entrepreneurial Doctors Gone?

Tuesday, January 7th, 2014 by posted in Capitalism, Economics, Health Care.
drluke

To the socialist planners in Ontario’s medical industry, the entrepreneurial doctor is a serious danger – one that needs to be extinguished as soon as possible lest patients realize that there is a better way. There is no better example

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Is UPS Just as Bad as Healthcare.gov?

Sunday, December 29th, 2013 by posted in Economics, Health Care.
krugman

Paul Krugman is no stranger to silly statements that come back to haunt him, but it has been particularly amusing to watch him twist and turn with the debacles of Healthcare.gov, the website devoted to “ObamaCare.” Krugman’s latest analogy is

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A Bartender Replies to Barack Obama’s “if-You’re-a-Bartender” Comment

Saturday, December 14th, 2013 by posted in Capitalism, Economics, Health Care.
A Bartender Replies to Barack Obama’s “if-You’re-a-Bartender” Comment

(Caution: contains adult language)

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Catastrophic Plans

Tuesday, December 3rd, 2013 by posted in Capitalism, Economics, Health Care.
obama sad teaser

Reprinted from the Freeman A president stands disgraced. Congress is scattering. Bureaucrats are baffled. Pundits are reaching. Industry is scared. Politicians are scrambling to do something, anything, to make it better. One political party is in meltdown and the other

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Obamacare is the Epitome of Mises’ “Planned Chaos”

Thursday, November 21st, 2013 by posted in Capitalism, Economics, Health Care.
Obamacare-Website teaser

Reprinted from the Daily Reckoning It is such a kick to read the transcripts from the White House’s health care “war room” in the first days of release. What a meltdown, and you get to watch it all in real-time.

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In Defense of Quackery

Friday, October 25th, 2013 by posted in Civil Liberties, Health Care.
snake-oil-scam

Alternative medicine has been a popular target of late for the ongoing “which party is more anti-science” debate. While Republicans are derided for not buying into global warming or evolution, Democrats are attracting an equal amount of ridicule for their

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Is Contraception a Human Right?

Thursday, October 10th, 2013 by posted in Health Care, Philosophy.
pregnant woman

What rights do you have over your own body? Libertarians would agree that you own your body and therefore should be able to do with it what you please, as you would with any other sort of property. But is

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