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The Morality Of Capitalism
In an op-ed piece for the Washington Post, Steven Pearlstein suggests that the nation is caught up in a historic debate over free-market capitalism and poses the question: is capitalism moral? Pearlstein points out that over the last thirty years, the experiment with communism has been “thoroughly … Continue reading
Posted in Economy, Politics
Tagged antitrust, big government, capitalism, competition, current events, free markets, liberal mind, morality, Steven Pearlstein
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Story Of The Bill
The reaction over the proposal by Cyprus to tax the savings deposits of the country’s banks is pretty amusing. Evidently, many people think the proposal is shocking, but how shocking is it really? Don’t people understand that at some point, … Continue reading
Demand Competition In Healthcare
Wise Boy (aka Ezra Klein) and other members of the Big Government priesthood often claim there is no evidence that competition can control healthcare costs. Although it’s true that many healthcare markets may be less competitive than they should be, … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, big government, central planning, competition, ezra klein, liberal mind, price controls, self government
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Good Riddance To Hugo Chavez
Let’s see – rumor has it that Hugo Chavez and his family amassed a fortune of $2 billion during his 14 year reign in Venezuela, which would amount to an average salary of about $142.8 million per year. Not bad … Continue reading
Posted in Foreign Policy, People, Politics
Tagged current events, hugo chavez, mob rule
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Raising The Medicare Eligibility Age Would Not Increase Costs
In Medicare discussions, the suggestion arises from time to time that we could reduce federal spending by raising the Medicare eligibility age, for example, from 65 to 67. The popular liberal response (see e.g., this Kaiser Family Foundation report) is that raising Medicare’s eligibility age actually … Continue reading
Posted in Economy, Healthcare, Politics
Tagged budget deficit, health insurance, healthcare reform, Medicare
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Wise Boy Should Wise Up
According to the Wise Boy (aka Ezra Klein), the sequestration (automatic across-the-board spending cuts) proves that the U.S. government is “dumb.” Yeah, for Klein everything is dumb except more taxes and spending. He especially loves the high tax recommendations of the deficit reduction … Continue reading
Posted in Politics
Tagged big government, budget deficit, ezra klein, sequestration, taxation
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Sequestration Hysteria
With the sequester about to take effect, the liberal propagandists are beside themselves. According to liberals, Republicans must become Democrats and any who refuse are sick or crazy. David Ignatius of WaPo characterizes Republicans as a bunch of alcohol addicted drunk drivers who … Continue reading
More Medicare Is Not The Answer
Matthew Yglesias is again misrepresenting Medicare, advocating that more of it is the answer to high healthcare prices. As Steven Brill has pointed out, tightening the antitrust laws is the real answer to the problem (although Brill may not really believe his own … Continue reading
Posted in Economy, Healthcare, Politics
Tagged big government, central planning, liberal mind, Matthew Yglesias, ObamaCare
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Break Up The Big Hospitals
In his Time magazine cover story, Steven Brill criticized the prices that M.D. Anderson Cancer Center in Houston charges patients. In an op-ed piece appearing in the Wash-ington Post, a couple of the hospital’s doctors step forward evidently to defend their employer against Brill’s criticism. And no … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, central planning, price controls
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Healthcare Prices
In his lengthy cover article for Time magazine, Steven Brill argues that the first question in the healthcare policy debate should be “why are the bills so high,” rather than blowing past that issue to ask who should pay. Most of his … Continue reading
Posted in Economy, Healthcare, Politics
Tagged antitrust, big government, competition, Matthew Yglesias, price controls, Steven Brill
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