It’s Only a Tax

Economist John Cochrane makes a fascinating point in his blog The Grumpy Economist, writes Two More Cents on the Obamacare Decision, 6/30/12 There is in fact a huge difference between a tax on people without health insurance and a mandate enforced with a penalty. A...

Health Care Cost vs Value

Cliff Asness writes The Healthcare Myths We Must Confront in The American, 6/29/12. Excerpt: Myth #1:  Healthcare prices have soared in the recent past Everyone knows that healthcare prices have soared, but everyone may well be wrong. The statistics we see are always...

An ACA Reader

There is an overwhelming amount of words written on the ACA ruling. A few that stand out so far: Scott Grannis at Calafia Beach Pundit, The fatal flaws of Obamacare, 6/28/12. Fatal flaw #3: A government-imposed restructuring of the healthcare industry can’t...

Why a Bad Solution Can Be Worse Than No Solution

Commentary on the ACA ruling by the Supreme Court will dominate the new and old medias for some time to come.  What doesn’t change is that the law is awful. Like so many laws that attempt to bring further complexity to a broad and complex problem there are...

Profit Theft

Scott Grannis writes in his excellent Calafia Beach Pundit Business investment remains flat, 6/27/12. Excerpt: It’s not hard to understand why business investment has been flat. U.S. corporate tax rates are the highest of any developed country. Regulatory...