Articles published first in the Wall Street Journal

Kotlikoff and Mina on Home Testing for Covid

Writing in the Wall Street Journal, Goodman Institute Senior Fellow Lawrence Kotlikoff and Harvard epidemiologist Michael Mina say the new point of care test developed by Abbott Labs is the right test at the right time.

Here is the disappointment. To conform with government regulations, this test has to be administered in the presence of a medical professional (such as a nurse). That means its value will be limited to schools, large companies, hospitals, etc. It won’t be useful for people who most need to be tested. We don’t insist on having a nurse present when a woman conducts her own pregnancy test. How is a Covid test any different?

What we really need are 150 million tests a day. In the home. MORE

WSJ endorses our view on pre-existing conditions

Joe Biden claimed at Tuesday’s debate that “100 million people who have pre-existing conditions” will lose insurance if the Trump Administration wins an Affordable Care Act case at the Supreme Court. Democrats have terrified voters with this fiction for years, and Republican confusion has helped keep the fear alive. So let’s explain the reality one more time.

Henderson in the WSJ: Some Drug Prices Are Too Low

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.

Kotlikoff in the WSJ: Myths of Warrenomics

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 in the WSJ: The Fed has lost its ability to control interest rates

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.