Aug 03
A free market in health care would immediately produce high quality medical goods and services at prices so low that even the poorest Americans could afford them without insurance. But our masters in government have long imposed a slave-plantation level of control and regulation on the industry. Becoming a doctor requires as much as $400,000 …
Jul 31
“Obama and those in his administration knew that more than 40%-67% of those people in the individual market would likely lose their plans” at the time they were pushing Obamacare. The Act has already added hundreds of billions of dollars to America’s national debt. “The Congressional Budget Office (CBO) reported that between 2012 and 2022, …
Jul 31
Government programs and agencies always achieve the very opposite of their stated purposes. Antipoverty programs impoverish. “National security” efforts make societies less secure. Health and safety regulations make people less healthy and safe. Here is a website dedicated to tallying the numbers of Americans who have died because of FDA-approved drugs, vaccines and medical devices. …
Jul 07
The British government imposes “single payer” slave-plantation “health care” (as many Americans claim to want). Brits are not allowed to purchase health care supplies on the open market. For years, British “health” officials knowingly supplied HIV-tainted blood products to victims . . .er, “patients,” of the National Health Service. See here. New documents revealed officials …
Jul 05
Three years ago, the city of Seattle voted to raise its minimum wage to $15 per hour. As usual, government-trusters promised that the minimum-wage increase would lift the poor out of poverty. But a new study by the University of Washington’s School of Public Policy and Governance finds the opposite. The study concludes that there …
Apr 09
The market always wins. Every economic regulation creates a black market, and prices and distribution balance out in unpredictable ways. The brilliant economist John Goodman explains in a new column that Americans actually have ‘school choice’ but don’t realize it. For example, many parents deliberately locate or relocate into school districts with better schools. They …
Mar 29
Crusading newsman John Stossel writes that “[b]ecause there’s no real health care market, costs rose 467 percent over the last three decades.” In fact, 7 in 8 health care dollars are now paid by Medicare, Medicaid or” insurance (which is mostly required and incentivized by government policies). See here. Government subsidies–designed to bring health care …
Aug 27
Trusters of government rarely think beyond what Thomas Sowell calls “Stage One.” The District of Columbia–like many regions of the United States–has recently enacted an increased minimum wage for all D.C. workers. Employers must pay them $11.50 per hour. You know, . . . to help the poor. It seems the minimum wage increase has …
Jul 29
Socialism is a curse that people should wish on their enemies. When hardline socialists won control of Venezuela 15 years ago, socialists and government trusters worldwide cheered. Professors and their grad students across the western world announced the success of “third way” politics: a fusion of private industry under the control and central planning of …
Jul 16
“National security” is something of an oxymoron. The fabric of history shows that liberal societies in which common people have more freedom to innovate, invent, and create without oversight of the state tend to be the most secure societies. Paradoxically, societies that are ruled by a cult of government omnipotence tend to reel from crisis …
