No, single payer is not the solution to our health-care problems.
Category Archives: Economics
It’s A Wonderful Fountainhead
What was It’s A Wonderful Life really about?
The Keynesians
…are wrong again. At least they’re consistent.
Five Resolutions For Republicans
Ed Morrissey has some good suggestions.
Orion And SLS
Thoughts on the fiscal challenges, from the Director of the GAO.
If you plan a planetary science mission on assumption that you'll use SLS, you're making a very risky bet.
— Rand Simberg (@Simberg_Space) December 22, 2014
A Scarcity Of Start Ups
You’ll be as shocked as me to discover that it strongly correlates with an increase in influence peddling.
NASA’s Drift
I talked to Farenthold about this a few months ago, but I actually see SLS/Orion as a bigger and more dangerous waste of funds, because unlike a test stand that will almost certainly never be used, they have the vague appearance of utility to those who don’t understand the program, and will be harder to kill.
The Fatal Conceit
The Times reassuringly described Gruber as “the numbers wizard at MIT,” who has “spent decades modeling the intricacies of the health care ecosystem.” Gruber has “brought a level of science to an issue that would otherwise be just opinion.”
I might note that the Soviets used the term “science” for their own “scientific” planning commission. I drew little comfort from Professor Gruber’s scientific-planning credentials, especially when I learned “he’s the only person you can go to for that kind of thing.” Gruber, aided by his brilliant MIT graduate student assistants, is a one-man Gosplan, the name given to the Soviet Union’s state planning committee. That is not much of a recommendation. Science is better served by competing ideas not by a one-person monopoly.
Both Gruber and the USSR’s Gosplan planners believe their planning is “scientific” and executed by “the best of the best.” Both types of planning commissars suffer from F. A. Hayek’s “fatal conceit”—the belief that we can plan incredibly complex economic systems. As Hayek pointed out in his writings, such “scientific” plans inevitably fall apart under the weight of unintended consequences.
Actually, I’m not sure they’re all unintended.
Marxism
Workers of the Solar System, unite, and throw off your shackles of gravity!
No NASA Doesn’t Need More Funding
Despite this call for that, what it needs is a completely different approach, but there are insufficient opportunities for graft in that.