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Category Archives: Economy
Healthcare Efficiencies
According to Matthew Yglesias, Slate magazine’s central planning enthusiast, healthcare accounts for a large and increasing share of the overall labor force. He seems to suggest that increased efficiency in the healthcare sector (which he evidently expects as a result of the impending government takeover) could generate … Continue reading
Posted in Economy, Healthcare, Politics
Tagged central planning, healthcare, politics
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The Central Planners Are Coming
Most people use hospitals and see doctors that are located within a few miles of their homes. That is, healthcare is a decidedly local activity. So why are liberals continuing to force a centrally planned system on 315 million Americans spread across … Continue reading
Posted in Economy, Healthcare, Politics
Tagged central planning, healthcare, liberals, ObamaCare, politics
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The Liberal Mind
Most people prefer to live in a society that creates the greatest prosperity for the greatest number of people. History, including the recent financial meltdown brought on by big government and firms “too big to fail,” proves that decentralized arrangements, based on … Continue reading
Posted in Economy, Politics
Tagged Jonathan Haidt, liberal mind, liberals, morality, politics, society
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Ezra Klein’s Dream
Ezra Klein’s new column illustrates what liberals dream about. In this instance, he dreams of the government imposing yet another tax on Americans (i.e., a carbon tax). Of course, this is one of Klein’s minor dreams; we already know that he primarily dreams about price controls and central planning … Continue reading
Chicago’s Teachers
In an editorial (subscription required), the Wall Street Journal compares the $71,000 average salary of Chicago’s teachers with the $47,000 average salary of the people who pay for the teachers, implying that the teachers are ripping off taxpayers. The teachers … Continue reading
Obama Apologetics
Ezra Klein of the Washington Post praises Obama’s economic record since February 2010 (when he says the clock really should start) as well as the results we might expect for the 12 month period leading up to the November election. Although he tells us about all … Continue reading
Mob Rule
According to Slate’s Raul Gallegos, Hugo Chavez has run Venezuela’s state run oil company into the ground to the point where it is now paying its suppliers with IOUs. Gallegos characterizes this as a lesson in “oil wealth mismanagement,” but I think it can also … Continue reading
Saving American Capitalism
Steven Pearlstein’s long, rather useless article (doesn’t even mention Hayek or Friedman) about saving capitalism contains several questionable comments. For example, he suggests that conservatives reject the notion that it “takes a village to create a successful company.” This is a straw man; everyone knows that we live … Continue reading
Difference In Kind
In her WSJ column, Kimberley Strassel outlines what Americans can expect to see from Obama in a second term: higher taxes, greater spending, growing deficits, fine tuning of the regulatory apparatus, and continued decline of American influence in foreign affairs. She correctly concludes that … Continue reading
Posted in Economy, Healthcare, Politics
Tagged big government, capitalism, central planning, price controls
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The Liberals’ Orwellian Strategy
Using Medicare as the backdrop in a recent post, Matthew Yglesias claims that the difference between an economy based on markets and competition and an economy that is centrally planned (of the sort that Obama desires) is “superficial.” According to Yglesias, both types of economy are … Continue reading
Posted in Economy, Healthcare, Politics
Tagged capitalism, central planning, Orwellian
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