Latest Blog Posts

Lukewarming | Cato Store

In Lukewarming: The New Climate Science that Changes Everything, Pat Michaels and Chip Knappenberger explain the real science and spin behind the headlines and come to a provocative conclusion: global warming is not hot—it’s lukewarm. Climate change is real, it is partially man-made, but it is clearer than ever that its impact has been exaggerated—with many of the headline-grabbing predictions now being rendered implausible or impossible.

“This is a splendid book that will help any interested person understand not only the latest advances in honest climate science, but also the nonscientific machinations of the climate movement. I look forward to having a copy of the book in my own library.”
—Will Happer, Cyrus Fogg Brackett Professor of Physics at Princeton University

Source: Lukewarming | Cato Store

The Myth and Reality of Trickle-Down Economics | International Liberty

…allowing everyone to pursue all the opportunities they can in the marketplace, with the minimal level of taxation and regulation, will create generalized prosperity. The value of cutting taxes is not just cutting them for higher income groups, but for everyone. Letting everyone keep more of the value they create through exchange means that everyone has more incentive to create such value in the first place, whether it’s through the ownership of capital or finding new uses for one’s labor.

Now that we’ve dispensed with the silly left-wing caricature of trickle-down economics, let’s discuss how there actually is a sensible way to think about the issue.

Source: The Myth and Reality of Trickle-Down Economics | International Liberty

Great Moments in Healthcare Consolidation: The Hospital is Having a Sale! | Robert Nelson, MD | Pulse | LinkedIn

What does the price of gasoline and the price of a chest x-ray have in common? Not much really, except the price of both have gone up in the Atlanta area recently; but the former did so for expected reasons that are predicated on behavioral economics and the relationship of demand to price. The latter went up, well, because it could.

But the sticker shock that I’ve experience lately trying to find a price on a simple chest X-ray is not due to any shortages (either perceived or real) or any sudden increase in demand. Nor was it from a sudden increase in the cost of performing an X-ray or some phenomenal increase in quality that created a better image or less radiation exposure. Nope, none of the usual factors that go into predicting price behavior were at play.

Source: Great Moments in Healthcare Consolidation: The Hospital is Having a Sale! | Robert Nelson, MD | Pulse | LinkedIn

The Dry Tortugas and Being a Deplorably Good Physician

Marilyn Singelton

Marilyn Singelton

Over the last few years we have seen the deplorable consequences of the Affordable Care Act. Most of the newly “insured” are folks placed on Medicaid. There is a reason Clinton calls for “Medicare for all” and not Medicaid for all. Then there’s the lack of choice in insurance policies and the consequent lack of choice of physicians; unaffordable premiums and sky-high deductibles for virtually unusable insurance, and mergers of major insurance companies, further lessening choice.

 

By Marilyn Singleton, MD, JD Hillary Clinton recently said that half of Donald Trump supporters belonged in the “basket of deplorables” and were irredeemable. Many believe that Dr. Samuel Mudd, the physician who treated John…

Source: The Dry Tortugas and Being a Deplorably Good Physician

Challenging the Fructose Hypothesis: New Perspectives on Fructose Consumption and Metabolism

ENCOMPASS HEALTH DIRECT

In considering the volume of contemporary literature on fructose, One conclusion stands clear: fructose is safe at typical intake levels but can produce adverse metabolic effects when abused—as is true of most nutrients.

It turns out that the largest abusers of fructose are not American consumers, but research scientists. For the adult population as a whole, dietary fructose exposure ranges from very low to <18% E. Over this range, recent meta- and NHANES analyses demonstrate no differential effects of fructose compared with other sugars on weight gain, blood pressure, uric acid, blood lipids, and hyperlipidemia;

Evidence is presented in this review that fructose has not disproportionately increased in the human diet (in fact, it has increased very little in the past 90 y) and that cause-and-effect evidence of adverse effects is lacking at typical human exposure levels and patterns. The fructose hypothesis must be continually challenged for human relevance.

We…

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Consolidation of US Physician Practices Continues to Surge

images (22)Unlike the authors of the study, I have no doubt that the effects of consolidation to larger practices will just make them a meatier target for large health systems to take over.  There is virtually no chance that the kind of consolidation we see in healthcare will result in an economy of scale that benefits patients or drives down costs.  The examples of consolidation in the healthcare industry mostly point to concentrating power and escalating prices due the cartel-like relationship of PPO networks to large higher-cost providers. – The Sovereign Patient

 

US physicians are increasingly moving from smaller to larger group practices, a new study has shown.

Source: Consolidation of US Physician Practices Continues to Surge

Have PPO Networks Perpetrated The Greatest Heist In American History?

One of the best pieces I’ve read that exposes the real cost drivers in healthcare. Many of us have been shouting from the rooftops that the “villains” we implicate are just symptoms of a more fundamental poison in that is embedded in our third-party billing system and the cartel-like system it has created. Thanks to Dave Chase for putting the pieces together so clearly. Given the realities exposed here, we can no longer implicate something that has been virtually wholly absent from the healthcare economy which could have prevented this generational theft: A free market. 

The Sovereign Patient

Dave Chase

Dave Chase – Forbes contributor

Mike Dendy: I hear the talking heads on business TV (like CNBC) talk about stagnation of incomes for the middle class. Wrong. The additional money is there every year, it’s just going into a pool to pay for healthcare instead of into the pockets of the employees in the form of salary increases.

Americans overpay for healthcare by at least 30% and likely 50% in aggregate. For all intents and purposes, every employer in America gives every covered member on their healthcare plan a blank check every year and says….consume all the healthcare you want, anywhere you want, anytime you want, and never be concerned with or ask the price because it’s all paid for. Deductibles and co-pays are irrelevant, especially to hospitals, because pricing is so high it becomes somewhat immaterial.

Trillions Have Been Redistributed from the American Workforce to the Healthcare Industry Creating An Economic Depression for the Middle Class The Washington Post and Vox have done excellent reporting that shows U.S. spends so much more than other countries for one simple reason — price. The good news is that some […]

Source: Have PPO Networks Perpetrated The Greatest Heist In American History?

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