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Understanding the President’s CAFE announcement
(Editorial note: I was doing so well moving to shorter posts. I fail miserably in achieving that goal here. I went the comprehensive route instead. I promise to return to shorter posts in the future. [...]
Third party payment in health care (part 3): Technology drives cost growth
Imagine that Sony plans to bring to market a new TV that is twice as good as the old $500 TV but costs $200 more to produce. If instead it is twice as good but [...]
Third party payment in health care (part 2)
Yesterday I explained that there is a tradeoff between employer-provided health insurance and wages, and that health insurance provided by an employer looks less expensive to the employee than it is. Today I want to [...]
Thanks, Wall Street Journal!
Thanks to Brendan Miniter at the Wall Street Journal's Political Diary, for awarding me "Quote of the Day" today for part of Monday's health care post, The President's silly health care announcement. Here's the quote: [...]