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Market for healthcare

February 7th, 2011 · Comments Off on Market for healthcare

The ‘individual mandate’ in Obamacare obliges everyone to take up an health insurance plan. That seems like a restriction on personal freedom, but there are good economic reasons for that..

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Tags: The World according to Economics

What is actually against it?

March 22nd, 2010 · 2 Comments

Isn’t basic insurance for everyone a basic sign of civilization?

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Tags: Public Policy · Reform Capitalism

Remarkable realist stuff from the Wall Street Journal

March 21st, 2010 · 1 Comment

Editorial pages content are usually to the right of Attila the Hun. Not this time…

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Tags: Public Policy

Market fundamentalism

September 3rd, 2009 · Comments Off on Market fundamentalism

We’ve argued many times on these pages it was the biggest root cause of the financial crisis, the belief that the market is always right, government always the problem, never the solution. It is based on a very simple understanding of markets that have little to do with how real-world markets function. Now that same […]

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Tags: Opinion