Reforming Medicaid Subsidies
Chris Edwards and Krit Chanwong Federal spending and deficits are at dangerously high levels, and interest costs on government borrowing are soaring. If spending is not restrained, we may face an economic crisis. Congress should cut spending, and one good reform
Is Tort Reform the Way to Constrain Healthcare Costs?
Jeffrey Miron This article appeared on Substack on October 13, 2023. The Wall Street Journal recently praised Nikki Haley for advocating healthcare tort reform during the Republican debate. Haley and the WSJ believe that excessive malpractice lawsuits increase healthcare costs by forcing doctors
Get the US Out of the Middle East
Hamas's invasion of Israel happened in spite of decades of US intervention and spending in favor of Tel Aviv. Yet, this ongoing conflict has nothing at all to do with the safety and security of the United States itself. It's
Government-Enforced Paid Family Leave Is Not Pro-Family
Paid family leave—meaning the government paying or forcing businesses to pay for one or more parents taking time off to spend with a newborn—seems like a slam dunk idea to the Christian Left. According to a recent article in Christianity
A new working paper shows that everything isn’t fine
In which we* use old-timey contingent valuation willingness to pay for a recreation trip questions. After this paper and others (in the past and in the future), I'm thinking that attribute non-attendance mitigates hypothetical bias, fat tails, scope insensitivity, etc.
Hamas, Israel, and a New War
On this episode of Radio Rothbard, Tho Bishop is joined by Connor O'Keeffe to discuss their thoughts on the conflict between Hamas and Israel and whether Americans have learned any lessons from the War on Terror. "Hamas, Israel, and the Collapse
It’s Time for Some Debt and Entitlement Alarmism
Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending. Original Article: It’s Time for Some Debt and Entitlement Alarmism
Illiberalism Continues to Plague Chinese Economy
Clark Packard Since the late 1970s, when Chinese president Deng Xiaoping initiated some market‐oriented liberalization, the country has been on an upward economic trajectory. As documented by my colleague Jim Dorn in a recent essay for Cato’s Defending Globalization project, these reforms yielded
Government Agencies Exploit Data Brokers as End-Around to Legal Restrictions
Data is sometimes referred to as today’s most valuable commodity. Given the technologically focused world around us, data is generated with almost everything we do or consume, whether you use Apple Pay to purchase goods from a retail outfit or
Employee Retention Credit Shows Folly of Tax Code Subsidies
Adam N. Michel The Employee Retention Tax Credit (ERTC) is a refundable payroll tax credit—equivalent to a cash payment of up to $26,000 per employee—for businesses and nonprofits with significant pandemic‐related revenue declines or shuttered by government orders. The payments were intended