Is it coming to an end?
Category Archives: Economics
More On The Unaffordable Care Act
The IRS estimates that the cheapest plan will cost $20K a year.
But remember, if you like your plan, you can keep it.
Libertarianism
The top ten ways to talk about it:
5. At Tom Palmer’s urging, I created a speech, or at least a speech opening, around the theme that “Libertarianism is the application of science and reason to the study of politics and public policy.” That is, libertarians deal in reality, not magic. We know that government doesn’t have magical powers to ignore the laws of economics and human nature.
4. Inspired by Robert Fulghum’s bestseller All I Really Need to Know I Learned in Kindergarten, I like to tell people that you learn the essence of libertarianism — which is also the essence of civilization — in kindergarten:
Don’t hit other people.
Don’t take their stuff.
Keep your promises.
I never fail to be amused by the pretension of the Left that they’re the “reality-based community.”
Poisonous Greenery
More unintended consequences:
Recently, many jurisdictions have implemented bans or imposed taxes upon plastic grocery bags on environmental grounds. San Francisco County was the first major US jurisdiction to enact such a regulation, implementing a ban in 2007. There is evidence, however, that reusable grocery bags, a common substitute for plastic bags, contain potentially harmful bacteria. We examine emergency room admissions related to these bacteria in the wake of the San Francisco ban. We find that ER visits spiked when the ban went into effect. Relative to other counties, ER admissions increase by at least one fourth, and deaths exhibit a similar increase.
I’m never surprised when environmentalist policies kill people, because many of them hate people, but in this case, it probably is an unintended consequence. Because they never think these things through. Manhattan Beach passed one of these idiot bans recently, but at least they can still use paper bags. Of course, it didn’t affect Trader Joe’s at all. And I usually shop in Redondo, where Albertson’s still offers plastic.
And yes, I know that the problem is mitigated by washing the canvas bags each time. How many people want to do that (plus having to remember to take them)?
What Is A Security?
It will be interesting to see how the JOBS Act is implemented. It could be an opportunity for legitimate space startups, but there will be a lot of charlatans out there, too.
[Update a while later]
Speaking of which: Crowdfunding the new space race.
[Via NewSpace Watch]
The Affordable Care Act
Making health care unaffordable for employers.
What If Stimulus Works?
…but only in theory?
I’m wondering if rather than being tried and found wanting, Keynesianism hasn’t been found impossible and left untried. Whether the amount of stimulus needed to jolt the economy back to trend isn’t simply too large to pass political muster. It’s hard to see a situation short of total war where that kind of money could be authorized or spent in the requisite period of time.
That’s why Krugman wants the space-alien invasion. Works, but only in theory, is how Marxism works, too.
NASA’s Mission Is Not Safety
My column, on the tenth anniversary of the Columbia loss, at USA Today.
America 3.0
There’s a new book
Death Panelists
It isn’t hard to see why nobody is clamoring to take a job that offers low pay and lots of regulations and will make everyone in the country hate you.
But it’s been clear from the beginning that this is the kind of thing you get with a massive, centralized health care “fix” like Obamacare: 15 unhappy people in a room making enormously important but impossible to predict decisions affecting a broad and diverse industry (not to mention the lives and health of millions). It’s hard to imagine a centralized approach getting all the nuances of health care right—and we certainly haven’t stumbled onto the miracle cure here.
We sure haven’t.