19 hours ago by Harris R. Sherline

Price controls have never worked, ever, as far back as 4,000 years ago in Babylon.

Sherline's Opinionfest - opinionfest.com

3 days ago by joejolly

The New York Times By DUFF WILSON Published November 15, 2009 Even as drug makers promise to support Washington’s health care overhaul by shaving $8 billion a year off the nation’s drug costs after the legislation takes effect, the industry has been raising its prices at the fastest rate in years. I ...

Joejolly's Weblog - joejolly.wordpress.com · Rank: 75,853 · 14 references

14 days ago by Orlando Roncesvalles

When to blink is an art. Do it too soon, and you’re “easy.” Do it too late, and you run the economy to the ground. Two editorials, by the Tribune and Malaya, predict the blinking will happen sooner or later. What is this blinking all about? Retail petroleum. The Executive has ordered a price freeze. ...

FOO Law and Economics - foolawecon.wordpress.com · Rank: 147,778 · 2 references

14 days ago by John Papola

This video does a great job of summarizing the fundamental flaws in “single-payer” or quasi-single payer government health insurance schemes such as the systems in much of Western Europe (and, yes, the “public option” is unequivocally a pathway to single-payer). It really is an excellent summary. Th ...

The Blog - butwhatthehelldoiknow.com/blog

17 days ago by wintercow20

The economic reasoning behind why rules like the minimum wage or living wage laws are not so helpful is irrefutably solid. But no amount of sound economic thinking seems to work for my students, and that certainly also applies to popular notions of the way the world works. In times like those, perha ...

The Unbroken Window - theunbrokenwindow.com · Rank: 68,130 · 17 references

20 days ago by Jodi Liss

Let us now all mourn the passing of Paul Bloom. Who? I hadn’t heard of him either till he died. So I took a few moments to research. Why should you care that he died? Paul Bloom was one of those bureaucrats who — to many people who do not want to be bothered with cumbersome federal regulations — is ...

Energy - energy.foreignpolicyblogs.com · 4 references

22 days ago by wintercow20

Worst Economic Reasoning, Ever. These are the sorts of folks that think they know best how to run your economic lives. The two most egregious points are these: (1) We really are hoping people go on the honor system and let us immunize people in the priority groups,” Southern Nevada Health District s ...

The Unbroken Window - theunbrokenwindow.com · Rank: 68,130 · 17 references

29 days ago by Bevan Sabo

Below is a quote from Ayn Rand’s For the New Intellectual on why corporate executives earn far more than most workers. It is a message that Americans would do well to consider before advocating for wage controls on executive pay. In proportion to the mental energy he spent, the man who creates a new ...

Free Market Mojo - freemarketmojo.wordpress.com · Rank: 19,967 · 27 references

29 days ago by Bevan Sabo

The Wall Street Journal reports on Kenneth Feinberg, President Obama’s new “pay czar”: In the annals of what used to be known as American capitalism, yesterday will go down as a sorry day: The Treasury and Federal Reserve announced wage controls on private American companies. So once again our polit ...

Free Market Mojo - freemarketmojo.wordpress.com · Rank: 19,967 · 27 references

33 days ago by Gary Gross

Rep. Laura Brod posted a question regarding health care on Facebook this morning. Specifically, she’s asking for opinions on Ross Douthat’s NYTimes op-ed. First, Mr. Douthat’s intro is important to tackle the question: Three major problems plague American health care. The cost of premiums is eating ...

Let Freedom Ring - letfreedomringblog.com · Rank: 33,539 · 86 references