Relevant and even prescient commentary on news, politics and the economy.

Healthcare Costs, Externalities, and Changing Social Norms

One of the topics I’ve railed about many times during the decade and change in which I’ve been blogging is that society would be much better off if we forced people to pay the cost of negative externalities they impose on other people through their behavior. An obvious example would be making polluters pay for […]

Bruce Webb and Barkley Rosser and Social Security

Post lifted from Barkley Rosser at Econospeak How Bruce Webb And I Helped Save Social Security (Maybe) A few days ago Obama was quoted as saying that “getting entitlement spending under control” would be part of the effort to deal with budgetary problems. Most think he is focusing on getting rising medical care costs under […]