Goodman Institute

Two Cheers for the Bipartisan Tax Deal

Two Cheers for the Bipartisan Tax Deal

A rare bipartisan agreement in Congress would create a larger child tax credit for parents and extend some key business tax breaks in the 2017 (Trump) tax reform bill that have expired. Democrats are said to favor the former and Republicans the latter.

Opinions on the accord are all over the map, with pros and cons – both on the right and the left. I give it two cheers. If it were funded by reducing means-tested welfare spending, I would give it a third cheer.

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Washington Doesn’t understand Obamacare

Washington Doesn’t understand Obamacare

In the House of Representatives, the GOP’s “number-one priority for health care reform” is lowering health insurance premiums. However, the vast majority of folks who buy their own insurance are getting hefty subsidies. So much so, that 8 in 10 enrollees in the exchanges pay $10 a month or less. For a family with average income, the premium is usually zero. More.

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ObamaCare still desperately needs fixing

ObamaCare still desperately needs fixing

The American Rescue Plan injects new life into ObamaCare with more generous subsidies, expanded eligibility and premium limits that make insurance more affordable. Unfortunately, the stimulus proposal just passed by Congress does nothing to correct the most serious...

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How the FDA Misled Us During the COVID Pandemic

How the FDA Misled Us During the COVID Pandemic

COVID-19 is steadily attracting less attention, which is welcome news. Before we put the pandemic behind us, however, we should learn important lessons so we can avoid repeating mistakes. One catastrophic mistake is that the Food and Drug Administration (FDA) perpetrated misinformation that probably killed hundreds of thousands of Americans. Unless steps are taken to rein in the FDA’s powers, similar results are likely to happen in the future.

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Julian Simon, Vindicated Again

Julian Simon, Vindicated Again

Each year, the Competitive Enterprise Institute (CEI) has a dinner in Washington, D.C., honoring the economist Julian Simon, who died in 1998. Simon was a rare optimist in the fields of population and natural resources. He disagreed with most environmentalists of his day (especially in the 1980s through 1990s). They feared passionately that growing population would overwhelm agriculture and industry and that the world would run out of natural resources such as oil and minerals.

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What Companies Using AI Need To Know About The Sam Altman Reshuffle

What Companies Using AI Need To Know About The Sam Altman Reshuffle

Turmoil is rocking the artificial intelligence industry. Business leaders developing an AI strategy should—in most but not all cases—continue as before the recent big news.

The board of OpenAI fired Sam Altman as CEO on November 17, and the company’s president, Greg Brockman, resigned soon after. Three days later, Microsoft announced, “Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft MSFT -1.2% to lead a new advanced AI research team.”

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Tyler Cowen Searches For Economics GOAT In New Book

Tyler Cowen Searches For Economics GOAT In New Book

GOAT: Who is the Greatest Economist of all Time and Why Does it Matter? is an intriguing book by the well-known economist Tyler Cowen in which he tries to determine who is the greatest economist of all time. This book will be enjoyed not only by economists but also those interested in understanding the world of people and their interactions. Importantly, the book emphasizes the non-financial implications of economic analysis in areas such as friendship, community and aesthetics.

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