Seven Simple Rules for Health Care Reform

by | Apr 30, 2008 | Healthcare

The status quo in American health care is indefensible–an expensive regulatory and bureaucratic mess. What that calls for, however, is not more layers of regulation and complicated mandates. Nor should government take over health care completely and run it as...

John Hancock and Cigarette Smuggling

by | Apr 30, 2008 | POLITICS

While it’s politically popular to impose confiscatory taxes on America’s 40 million tobacco smokers, there are a number of consequences one might consider, but let’s start out with a quiz. If a carton of cigarettes sells for $160 in New York City,...

Obama: An Old Newness

by | Apr 28, 2008 | POLITICS

Many years ago, a great hitter named Paul Waner was nearing the end of his long career. He entered a ballgame with 2,999 hits — one hit away from the landmark total of 3,000, which so many hitters want to reach, but which relatively few actually do reach. Waner...

The Economics of College, Part III

by | Apr 23, 2008 | Economics, Education, POLITICS

Why does college cost so much? There are two basic reasons. The first is that people will pay what the colleges charge. The second is that there is little incentive for colleges to reduce the tuition they charge. Those who want the government to provide subsidies to...

Politics and Black Americans

by | Apr 23, 2008 | POLITICS

Dr. Thomas Sowell’s recent column, “Republicans and Blacks,” (April 10, 2008) pointed out the foolhardiness of Republican strategy to secure more black votes. He pointed out that it is a losing strategy to reach blacks through the civil rights...

The Economics of College, Part II

by | Apr 22, 2008 | Economics, Education, POLITICS

Those who argue that the taxpayers should be forced to subsidize people who go to colleges and universities seldom bother to think beyond the notion that education is a Good Thing. Some education is not only a good thing but a great thing. But, like most good things,...

The Economics of College, Part I

by | Apr 21, 2008 | Economics, Education, POLITICS

A front-page headline in the New York Times captures much of the economic confusion of our time: “Fewer Options Open to Pay for Costs of College.” The whole article is about the increased costs of college, the difficulties parents have in paying those...

Climate Change 101: Key Global Warming Facts

by | Apr 20, 2008 | POLITICS

The Earth’s warming since 1850 totals about 0.7 degrees C. Most of this occurred before 1940. The cause: a long, moderate 1,500-year climate cycle first discovered in the Greenland ice cores in 1983. The cycle abruptly raises our temperature 1 to 3 degrees C...