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CBO: More taxpayer-financed health insurance coverage won’t save money
Last December the Congressional Budget Office published a comprehensive paper that describes how they approach analysis of health insurance reform proposals. It is a critically important (and somewhat technical) document for anyone who cares about [...]
Slowing health cost growth requires information AND incentives
When I was growing up, I was taught that you change the oil in your car every 3,000 miles. Suppose I take my three-year old car to Jiffy Lube for an oil change. Jiffy Lube [...]
Baseline games
Suppose I bought an iPhone yesterday for $500. Suppose I argue that I will save $2000 this week, because I intend to refraining from buying an additional iPhone today, nor will I buy one this [...]
The danger of autopilot entitlement spending
Each year Congress enacts 12 annual appropriations (spending) bills. Those bills are the subject of vigorous and legitimate fights about spending priorities. Included in these annual appropriations bills are spending for defense, veterans, military construction, [...]