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Tag Archives: economics
Paul Krugman’s space aliens won’t create jobs, repealing health control law will
Printed in the Boulder Daily Camera, summary: Nobel laureate economist Paul Krugman says a massive defense buildup in response to “fake an alien threat” would end the economic slump. An EconStories rap explains the fallacy: “If every worker was staffed in the army and fleet, we’d have full employment and nothing to eat.” Repealing the 2010 health control act would spur employment. Continue reading
Medicare head Donald Berwick: You’re a pawn
In the American Spectator David Catron points out a disturbing quote from Medicare & Medicaid Services head Donald Berwick is. Berwick’s view of rationing is, in fact, the opposite of [Paul] Ryan’s. The latter believes it should be driven by … Continue reading
Posted in Medicaid/Medicare/SCHIP, PPC
Tagged Donald Berwick, economics, Frédéric Bastiat, Statism
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Responses to Paul Krugman on economics of health insurance
In a recent post on health care, Paul Krugman writes (in his typically obnoxious smug style): Both George Will and Greg Mankiw basically argue that we don’t need a government role because we can trust the market to work — … Continue reading
Politicians: save us from human nature!
Addition to Tuesday’s post on medical care in the Czech Republic: An intriguing part of Sunday’s New York Times article about medical care in the Czech Republic was a quote by Harvard’s Marc J. Roberts, included in the excerpt below: … Continue reading
Posted in myths & fallacies
Tagged economics, Frédéric Bastiat, Hazlitt, public choice, unintended consequences
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