Hard Truths about Health Care ‌ by Michael Tanner

Micheal Tanner

Michael Tanner

“Every health-care system in the world rations care in some way, either through bureaucratic fiat (Scandinavia, the U.K.), waiting lists (Canada), or price (that’s us). One can argue about which of these rationing mechanisms is fairest or most efficient, but let’s not pretend that it won’t occur.”

http://www.nationalreview.com/article/446439/health-care-basic-facts-and-hard-truths

Repeal and Replace? No thanks. | Surgery Center of Oklahoma

Dr. Keith Smith

I’m all about repeal.  But let’s not stop with Obamacare.  Let’s move on to many disastrous legislative interventions brought to us from the other side of the aisle.  How about Medicare Part D, brought to us by a GOP-led executive?  Why didn’t the GOP change the tax code to end the discrimination against individual purchases of health insurance during the time they had all the power?  Hint:  see paragraph one of this blog.  This tax reform isn’t likely as the shift away from employer-purchased plans will gut the scam of PPO repricing, a devastating blow to the big insurance companies.

Source: Repeal and Replace? No thanks. | Surgery Center of Oklahoma

Venezuela Reminds Us That Socialism Frequently Leads to Dictatorship – Reason.com

In 1944, when he wrote his book, Hayek noted that the crimes of the German National Socialists and Soviet Communists were, in great part, the result of growing state control over the economy. As he explained, growing state interference in the economy leads to massive inefficiencies and long queues outside empty shops. A state of perpetual economic crisis then leads to calls for more planning.

Hayek was fortunate enough to live to see the defeat of both the Nazi and Soviet totalitarian regimes. Unfortunately, there are still places where Hayek’s most dire warnings remain relevant. Nicolas Maduro’s Venezuela is one such place.

Source: Venezuela Reminds Us That Socialism Frequently Leads to Dictatorship – Reason.com

Are Minimum Wages and Payroll Taxes a Constraint to the Creation of Formal Jobs in Morocco? by Diego F. Angel-Urdinola, Abdoul Gadiry Barry, Jamal Guennouni :: SSRN

“The results indicate that these regulations, especially minimum wage policy, contribute to higher unemployment rates and constraint formalization in Morocco, especially for youth and women.”

For anyone who still thinks minimum wage laws help people get ahead or climb the economic ladder… first you must actually be able to reach the first rung on the ladder!

Source: Are Minimum Wages and Payroll Taxes a Constraint to the Creation of Formal Jobs in Morocco? by Diego F. Angel-Urdinola, Abdoul Gadiry Barry, Jamal Guennouni :: SSRN