The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek
Posted in Health Care, You Can't Have it Both Ways on Apr 30th, 2008
The first of my two-part interview with Cornell professor John Cawley can be read here. The second should be coming soon. The most interesting thing about the interviews are the two questions that we did not answer, for various reasons. I reproduce them below.
How can you square the strong agreement to the question about insurance […]
Posted in Classical Liberalism, Health Care on Mar 21st, 2008
… to report to you from Utilitarian La-La Land:
Posted in Health Care, Welfare State on Mar 20th, 2008
How many of you are factoring in Social Security income in your retirement plans? My family is expecting zilch, and we are saving accordingly. I would gladly argue that the Ponzi scheme known as “Social Security” has little chance of being anything near useful by the time Gen X (or is it Y … which […]
Posted in Classical Liberalism, Health Care on Mar 20th, 2008
Regular readers can probably guess my thoughts on this one. One way I like to think about this question is even if we agree that “health-care” (however you define it) is a right, how do you deal with a situation where an innovator discovers an incredibly expensive yet perfectly successful way to treat a major […]
Posted in Health Care on Nov 28th, 2007
The resulting instrumental variables (2SLS) models suggest that Medicaid coverage significantly increases the utilization of medical care by low-income children. Specifically, Medicaid is found to substantially decrease the probability of going without a visit to a doctor’s office and significantly increase probability of hospitalization in the previous year. Increased Medicaid coverage is also associated with […]
Posted in Health Care on Oct 22nd, 2007
The Massachusetts health plan was implemented to ensure that every resident has health insurance. This objective is more modest than it appears and the plan cannot address the Nation’s major health care ills.
Introduction
Citizens in the cradle of liberty long ago revolted against King George’s tax stamp. In 1980 they revolted against property taxes, and […]
Posted in Health Care on Oct 15th, 2007
Of course I am. But if anyone wants to know what is wrong with the health care system, and the mentality of people, you should have stayed with me in the hospital and at my home in the days leading up to and following the birth of our new son.
Not once was the question of […]
Posted in Health Care on Sep 24th, 2007
The usual liberal precincts claim to be enraged. Governor Corzine declared that New Jersey would unilaterally disregard the HHS rules and “vigorously continue” to enroll at 350% of poverty — the highest ceiling in the country. And he’d do so even though about 119,000 New Jersey children under 200% of the poverty line remain uninsured […]
Posted in Health Care, You Can't Have it Both Ways on Sep 17th, 2007
Let’s ignore for the moment the morality, fiscal responsibility and success probability (my article on this will post shortly) of Hilary’s proposed universal health care plan. Read down to the end of the article to hear how Republican candidate Mitt Romney assails the proposal:
Republican Mitt Romney, in New York City for a fundraising stop, criticized […]
Posted in Health Care on Sep 14th, 2007
Last month, the largest ever international survey of cancer survival rates showed that in the U.S., women have a 63% chance of living at least five years after diagnosis, and men have a 66% chance — the highest survival rates in the world. These figures reflect the care available to all Americans, not just those […]
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