Writing in the Wall Street Journal, Goodman Institute Senior Fellows David Henderson and Charles Hooper say unwise federal policies are causing drug prices to be unnaturally low. This is causing shortages, low quality and unreliability of supply. Currently, as many as 260 drugs are unavailable or in short supply in the U.S. shortages are blamed for some patient deaths. More.
Articles published first in the Wall Street Journal
Elizabeth Warren economic advisers say the rich pay the lowest tax rates of all. Laurence Kotlikoff says they are wrong. Using the most sophisticated tools available to economists, Kotlikoff finds that among 40-year-olds, the top 1% face a lifetime average net tax rate of 34.5 percent. Yet when positive and negative taxes (benefits) are included, the poorest fifth are facing a rate of – 46.6 percent. For every dollar people in the bottom fifth earn, they get 46.6 cents back from the government. More.
Gramm and Saving: Has the Fed lost the Ability to control Interest Rates?
Writing in the Wall Street Journal, former Sen. Phil Gramm and Goodman institute Senior Fellow Thomas Saving write “Never in the Fed’s 105-year history has it had less control over market interest rates than it has today…. To expect the Fed to hold interest rates above or below the market rate under these circumstances is not only naive but dangerous.” More.
The Federal Reserve System is paying banks not to lend money under an Obama … Read More
Originally appeared in the June 27, 2018, print edition of the Wall Street Journal. _____________ … Read More
By John C. Goodman Originally posted at Forbes at Forbes, January 2016. Republicans aren’t the … Read More
In this Wall Street Journal editorial, John Goodman shows how ObamaCare is hurting the very people it … Read More