Obamacare is having a large effect on the market for low-wage labor. How do l know that? I did something most economists never do. I asked. I’m not alone. A lot of enterprising reporters have asked as well.
HEALTH
Krugman Recants On Heath Care; The Left Is Apoplectic
For most of his career as an editorial writer for The New York Times, Paul Krugman has been an unapologetic advocate of single-payer health insurance or “Medicare for all,” as he sometimes calls it.
The US Is Rationing Life Saving Drugs
Here’s a warning for Hillary Clinton, Bernie Sanders and Donald Trump. Before getting government more involved in controlling drug prices, take a close look at the mistakes that have already been made (and that are not being corrected) and the human suffering these mistakes are causing.
Almost Everything You’ve Been Told About Inequality Is Wrong
Inequality was the single most popular topic when economists gathered at their annual convention in San Francisco last month. But here is what everyone should know.
Let Employers Decide How Health Insurance Should Be Subsidized At Work
There are two things almost all health economists are in agreement about: (1) you cannot have successful reform of the health care system if you ignore the 150 million people who get health insurance through an employer and (2) the way we currently subsidize employer-provided health insurance is very wasteful and inefficient.
Why Are Some People Healthier Than Others?
There are vast differences in the health of population groups in the United States. For example at the county level life expectancy for men ranges from a low of 65.9 years in Holmes County, Mississippi to a high of 81.1 years in Fairfax County, Virginia (a wealthy suburb of Washington, DC)—a difference of more than 15 years.
Democrats’ Health Care Debate: Clinton And Sanders Are Both Wrong
Republicans aren’t the only ones who want to repeal and replace ObamaCare. Count Bernie Sanders in as well.
One Hospital Tells You What You Will Have To Pay – Before The Surgery
Don’t take our word for it. You can try this out yourself. Just Google Surgery Center of Oklahoma and here is what you will find.
Why Are Hospital Prices So Crazy? Hint: The Hospitals May Not Be At Fault
Imagine you are running a business and selling your product for a price that is three times higher than some of your rivals. Yet despite the price difference, you continue to sell all that you produce and make a fat profit in the process.
Obamacare Taxes On The Poor And The Middle Class Held At Bay
Congress did a big favor last week for about one third of seniors on Medicare, roughly two-thirds of low-income families on Medicaid, people who are getting insurance in the (Obamacare) exchanges and everyone else with private insurance – whether obtained at work or on their own.