Wedekind on Trump’s Reform of Medicare

Accountable Care Organizations are President Obama’s attempt at stealth privatization — 10.4 million people think they are in a fee-for-service system, when in reality their doctors have economic incentives to reduce care. And it has been illegal for doctors to inform their patients of this fact. John Goodman and Laurence Wedekind explain the development and what Medicare director Seema Verma is doing about it.
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Cato Celebrates 25 years of Patient Power

The Cato Institute hosted a celebration of a book John Goodman and Gerald Musgrave a quarter a century ago. Commenters included Sen. Bill Cassidy, MD, (R-LA); Paul B. Ginsburg, Leonard D. Schaeffer Chair in Health Policy Studies, Brookings Institution; and David A. Hyman, Coauthor, Overcharged; Professor of Law, Georgetown University; and Michael F. Cannon, Director of Health Policy Studies, Cato Institute.

Here is the video. Goodman gives a ten-minute overview beginning at about 27:45

Goodman on AOC and Paul Krugman

If AOC is the voice of the left, New York Times writer Paul Krugman is its brain. But here is the catch. Krugman rarely ever attempts to introduce readers to the economic way of thinking. Day after day, in column after column, he reinforces the view that left-wingers don’t need to read textbooks or study economic models. Their gut instincts will do just fine.

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