Assorted Links (8/19/2009)

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

Economics and Public Policy

  • It’s Costing the Gov $600K to Create Each Job, by Casey Mulligan
  • Why AT&T Killed Google Voice, by Andy Kessler
    WSJ: “Telecom operators are yesterday’s business. It’s time for a national data policy that encourages innovation.”
  • Obama, In Rich Irony, Can’t Afford To Wage War On Nation’s Wealthy, by W. Michael Cox
    IBD: “Barack Obama’s political fate depends on a group of Americans he hasn’t done much to cultivate — the rich.”
  • Brokers Aren’t Responsible for Bad Bets, by Charles Schwab
    WSJ: “To take the risk out of investing you’ll have to take Americans out of the market.”

Health Care Reform

  • What are health care co-ops?, by Tyler Cowen
  • ObamaCare Is All About Rationing, by Martin Feldstein
    WSJ
    : “Overspending is far preferable to artificially limiting the availability of new procedures and technologies.”
  • The Death Book for Veterans, by Jim Twoey
    WSJ: “Ex-soldiers don’t need to be told they’re a burden to society.”
  • ‘Death Panels’ Just A Rumor? Go Ask Ezekiel, by Thomas Sowell
    IBD: “There was a time when rushing a thousand-page bill through Congress so fast that no one has time to read it would have provoked public outrage….”
  • What Do the U.S. and Turkmenistan Have in Common?, by Freakonomics
    Freakonomics: “Foreign Policy came up with a list of “The World’s Worst Healthcare Reforms”. Keeping company with Russia, China, and Turkmenistan is the good old U.S. of A.”

Assorted Links (8/18/2009)

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

Financial Crisis

Foreign Policy

  • Talking to the Enemy, by Bret Stephens
    WSJ: “We should know better than to talk to the Irans and North Koreas of the world.”

Game Theory

  • How to improve health care using game theory: the Prisoner’s Dilemma, by Presh Talwalkar

Health Care Reform

  • Whole Foolishness
    WSJ
    : “The left boycotts a progressive retailer.”
  • The Panel, by Andrew Klavan
    WSJ: “What death by bureaucratic fiat might look like.”

Politics

  • Harry Reid’s ‘Evil’ Moment’, by William McGurn
    WSJ: “And Democrats wonder why their health plan isn’t selling.”
  • Why Obama’s Ratings Are Sinking, by Arthur C. Brooks
    WSJ: “Americans will put up with a lot. But not with someone who imperils their future.”
  • Young Voters Sought Change, Got Only Stasis, by Michael Barone

Assorted Links (8/17/2009)

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

Economics

Health Care Reform

  • We Don’t Spend Enough on Health Care, by Craig Karpel
    WSJ: “It’s crazy to adopt a bean-counting mentality amid revolutionary, albeit expensive, advances in medicine.”
  • How American Health Care Killed My Father, by David Goldhill
    The Atlantic: “After the needless death of his father, the author, a business executive, began a personal exploration of a health-care industry that for years has delivered poor service and irregular quality at astonishingly high cost. It is a system, he argues, that is not worth preserving in anything like its current form. And the health-care reform now being contemplated will not fix it. Here’s a radical solution to an agonizing problem.”

Public Policy

  • Why Government Can’t Run a Business, by John Steele Gordon
    WSJ: “Politicians need headlines. Executives need profits.”

Assorted Links (8/15/2009)

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

Politics

  • From ‘Yes, We Can,’ to ‘No! Don’t!, by Peggy Noonan
    WSJ:Obama turns out to be brilliant at becoming, not being, president.”

Health Care

Assorted Links (8/13/2009)

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

Political Economy

  • Latest Data on Transfers and Income, by Donald MarronDonald Marron documents in this as well as a series of recent posts the fact that Americans are getting an increasing portion of their income from the government.
  • Tax Withholding Is Bad for Democracy, by Charles MurrayAEI’s Charles Murray argues that the incidence (and relative burden) of both income taxes (e.g., the top 1% of American households pay more in federal income taxes than the bottom 95% combined) and payroll taxes (the social security portion of which is regressive) is obscured by withholding at the workplace.  He argues that ending withholding and replacing it with quarterly payments of estimated taxes would be good for democracy by promoting a common understanding that we all pay a share of the costs of government.
  • Will They Still Love Him Tomorrow?, by Daniel HenningerWSJ:President Everyman is starting to look like a salesman for the superstate.”

Finance and Economics

Health Care

  • Rationing By Any Other Name, by Megan McArdle
    While the statement “we already ration health care; we just let the market do the rationing” is certainly true, it doesn’t logically support rationing by government fiat.  Ms. McArdle notes that the same (self-evident) statement can be made about virtually any other good; e.g., “We already ration food; we just let the market do the rationing”, or “We already ration gasoline; we just let the market do the rationing”, or “We already ration cigarettes; we just let the market do the rationing.”  Duh!

Assorted Links (8/12/2009)

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

Catastrophes

  • Nations Focus On Disaster Planning
    WSJ
    :Two major earthquakes in Asia refocused attention on incomplete efforts to improve emergency planning after a tsunami killed more than 200,000 people in 2004.”

Economics

  • Wonky Talk about Carbon Taxes, by Greg Mankiw
    My favorite econblogger provides a succinct explanation of the welfare economics of income taxes and carbon taxes.

Finance

  • Obama Unveils Derivatives Plan
    WSJ
    :The Obama administration detailed a sweeping plan to more closely oversee the giant market for derivatives.”
  • Banking on a Rescue
    James Freeman’s review of Lawrence G. ­McDonald’s new book entitled “A Colossal Failure of Common Sense,” which portrays Lehman Brothers in crisis as it headed toward collapse last fall.

Health Care Reform

  • Consumer Driven Health Care Plans, by Alex Tabarrok
    As the author notes, “It’s remarkable that in the current debate over how to control health care costs so little attention is being given to the important results of our 10-year experiment with consumer driven health plans.”

Assorted Links (8/11/2009)

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

Catastrophes

Health Care

Finance

  • University of Chicago finance professor Eugene Fama on Market Efficiency in a Volatile Market

The Economy

  • Are we pointed in the right direction yet?, by Keith Hennessey

Game Theory

  • Pascal’s Wager inverted: all atheists go to heaven?, by Presh Talwalkar

Assorted Links (8/10/2009)

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

Climate Change

  • A Missed Opportunity on Climate Change

Health Care

The Economy

  • Corporate Earnings Are No Sign of Recovery

Political Economy

Miscellaneous