Yesterday the health care exchanges were opened for the Affordable Care Act (ACA), with various reviews, but acknowledged “glitches” that left many unable to sign up. MSNBC anchor tried and failed after 30+ minutes, including time on the phone that never got her into the system: Republicans naturally trumpeted this as another indicator that this […]
Archives
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Day One of Obamacare…what to make?
02 Oct 2013
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Quote for the Day! Another Mises’ gem
01 Oct 2013
We will occasionally (but not daily) have a quote for the day. So as an inaugural quote, I offer up this gem from 2nd edition of Ludwig Von Mises’ classic work, Socialism on page 9: “It is true that Socialism is today an article of faith for many, perhaps for most of its adherents. But […]
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Newtonian Echos–the Cruz Phenomenon
30 Sep 2013
Much is being made of Ted Cruz’s quixotic pursuit of killing Obamacare. Even those that generally are supportive of economic liberty and hostile to Obamacare did not support the Cruz effort, such as the editorial page of the WSJ. The conventional wisdom by these elites is that Obamacare can’t be stopped this way, but there […]
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Mr. Obama wants a budget fight
24 Sep 2013
and Republicans are seemingly going to give him what he wants. Both the budget and the debt limit are coming up and Mr. Obama says there is no negotiation. No longer will there be any discussion on the debt limit (indeed, he does not believe we should have one), since we have to “pay our […]
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Obamacare will continue to gain attention for the foreseeable future, but today’s news give two opposing and irreconcilable views. Mr Obama was asked if American’s were wrong about his health care bill (since so many oppose it). His answer? Yes, they are wrong. Yes, they are…….The problem we have is that over the last four […]
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That’s likely to be the result in the U.N.’s upcoming Intergovernmental Panel on Climate Change’s (IPCC) “fifth assessment report,” if this sneak preview reported in the WSJ is true. Indeed, the benefits of global warming could be greater than the harm: Therefore, the new report is effectively saying (based on the middle of the range […]
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During President Obama’s two campaigns, Republican critics suggested his signature health care law, the Patient Protection and Affordable Care Act (aka Obamacare) was socialism, since the government was trying to centrally plan 1/7 of the economy. Naturally Democrats reject that characterization, and accuse the Republicans of demonizing the president. Rather than focus on the question […]
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Ronald Coase-RIP
04 Sep 2013
It is a sad but joyous day to report the passing of another economic giant. Ronald Coase was a seminal figure in economics, a Nobel Laureate who truly changed the way all of us think about the world. It is sad with the loss of any great figure, and yet Professor Coase was not quite […]
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From William Galston in the WSJ today. Mr. Galston is referring to the same book that we commented on after the Financial Times of London made a similar review earlier this month. Mr. Galston picks up on the theme that government spending on R&D has historically resulted in a lot of winners, including some of […]
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Welcome to a new category of post, the Hall of Shame. This category is for the most outrageous of political economy issues. For our inaugural post, I offer this quote from former San Fransisco Mayor Willie Brown, a California political institution in his own right. Writing in the San Francisco Chronicle, July 28 (As reported […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach