We now have wonderful new drugs to treat COVID. Paxlovid, produced by Pfizer, is an example. But half of these medications aren’t being prescribed. Indeed, many go to waste, sitting on the shelves of pharmacies until their expiration dates. More…
Most people are really bad at personal, financial planning. The people who make these mistakes are not just ordinary folks. They include highly educated, sophisticated people – including virtually all economists and Wall Street analysts. They almost certainly include you, the reader. So why do so many people get so many things wrong?
The Build Back Better proposal is a 2,466-page bill with a realistic price tag of $4.7 trillion. Although it appears to be dead on arrival in the Senate, its backers hope to revive most of it. John Goodman says there are good reasons to hope they fail.
One reason is drug price controls. With lower returns to new drug development, there will be fewer lifesaving drugs. University of Chicago economist Tom Philipson estimates that the resulting loss of life would be 31 times as great as Covid-19 to date.
The compliance cost of hiring the sales-tax processing company, paying our accountant and responding to the weekly and sometimes daily letters about filing this form or that is already costing my company $50,000 a year.
Here is the one public policy question I am asked more than all others put together: What’s wrong with the Republicans? Today I will give the answer.
Sen Rand Paul (R-KY) says he can‘t support a health reform now being considered by the leadership in the House of Representatives. He predicts that many conservatives in Congress will agree with him.
For my laptop and other computer needs, I contract with a technical expert. If something goes wrong he fixes it.
Privatizing Medicare is an anathema to the left wing of the Democratic Party. There was a period, back in the 1990s when it appeared that Democrats would cooperate with Republicans in fundamental reform of this entitlement program and it appeared that President Clinton might go along.