Baylor economists Grinols and Henderson on health insurance and health care reform

One month ago, I blogged about a new book entitled “ Health Care for Us All: Getting More for Our Investment” written by Baylor economists Earl Grinols and Jim Henderson (see “ Baylor University Economists Call for Different Tack on Health Care Insurance”).  I would like to call attention to guest columns by both of my colleagues that appeared this Sunday in the Waco Tribune-Herald:

  • Waco Tribune-Herald: Earl L. Grinols, guest column: A lesson on how health insurance really works
    Waco Tribune-Herald, Sept. 20, 2009 (guest column about health care reform by applying basic economic principles by Dr. Earl L. Grinols, Distinguished Professor of Economics at Baylor, and co-author of the book, “Health Care for Us All,” with Baylor economics professor Jim Henderson)Americans have expressed displeasure with House Bill 3200, “America’s Affordable Health Choices Act of 2009,” as well as a proposed Senate version still in process, because both contain bad economics and bad ideas. Yet, one cannot beat something with nothing.
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  • Waco Tribune-Herald: James W. Henderson, guest column: Busting apart the big myths about health care
    Waco Tribune-Herald, Sept. 20, 2009 (guest column by Baylor economics professor James Henderson, who separates fact from fiction in the ongoing health care debate; Henderson is co-author of “Health Care for Us All” with Dr. Earl L. Grinols, Distinguished Professor of Economics at Baylor)The great enemy of the truth is very often not the lie — deliberate, contrived and dishonest — but the myth: persistent, persuasive, and unrealistic. — President John F. Kennedy, commencement address at Yale University, June 11, 1962. It’s often difficult to sort out fact from fiction in the ongoing health care debate. Both sides are exaggerating issues and torturing data to make their points. The result is often confusing and misleading.
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Assorted Links (9/22/2009)

Here’s a list of articles that I have been reading today (organized by topic):

Economics and the Financial Crisis

Wall Street Journal: “Tariffs, rising state and federal taxes, and currency devaluation ruined the 1930s, and they could do the same today.”

Foreign Policy

Wall Street Journal : “Mr. Obama bankrupts his country while appeasing his foe.”

Wall Street Journal : “Why is the president hesitating on more troops to fight his ‘war of necessity’?”

Game Theory

  • Game theory and pricing cell phone minutes, by Presh Talwalkar


  • Three Cheers for Irving, by David Brooks

New York Times : “The 24 recipients of the “genius awards” include a poet, a scientist, a journalist, a mixed-media artist and others.”

New York Times : “Irving Kristol thrust himself into every ideologically charged battle of his age, but he was able to pick a side without losing his clarity.”


  • Counting the Tea Party Protesters, by Carl Bialik
  • Heading Home: Getting to First Base, by Doug Glanville

New York Times: “In professional baseball, the leadoff hitter has a relentless job, with expectations to get on base by any means necessary and to wreak havoc on opponents when possible.”