A Bridge Too Far Gone in Minnesota

It took a collapsing bridge in Minnesota to alert people across the country to the fact that many other bridges in many other places have been allowed to deteriorate without adequate maintenance. If this were just a matter of poor political leadership at various...

Economic Thinking

Historical costs, sometimes called sunk costs, are irrelevant to decision-making because they are costs that have already been incurred. That’s something that’s not intuitively obvious, even for some trained economists. On a couple of occasions, I’ve...

Health Care: Government vs. Private

Sometimes the advocates of socialized medicine claim that health care is too important to be left to the market. That’s why some politicians are calling for us to adopt health care systems such as those in Canada, the United Kingdom and other European nations....

Economists on the Loose

On July 11, New York Times reporter Patricia Cohen wrote an article titled, “In Economics Departments, a Growing Will to Debate Fundamental Assumptions.” The article begins with, “For many economists, questioning free-market orthodoxy is akin to...

Michael Moore and Me

Michael Moore loves government. OK, he doesn’t love a government headed by George W. Bush, but he believes that once the Democrats are in charge, government will do a better job providing health care. In his new movie, “Sicko,” he praises...

Freedom and Benevolence Go Together

I interviewed Michael Moore recently for an upcoming “20/20” special on health care. It’s refreshing to interview a leftist who proudly admits he’s a leftist. He told me that government should provide “food care” as well as health...

Illegal Immigration

President Bush and his pro-amnesty allies both in and out of Congress suffered a devastating defeat at the hands of the American people. Like any other public controversy, there are vested interests served on both sides of the amnesty issue, but I’d like to...