Tag Archives | economics

Obamacare’s Defenders Have No Idea What Insurance Is

The most telling reaction to Paul Ryan’s defense of the House GOP’s Obamacare replacement bill—I won’t call it a repeal, because it isn’t—is the way some mainstream media reporters seized on this section. Ryan: The whole idea of Obamacare is…the people who are healthy pay for the…sick. It’s not working, & that’s why it’s in […]

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What the “Trekonomics” Fantasy Gets Wrong About the Economics of the Future

Manu Saadia takes on Peter Thiel, as a proxy for Donald Trump, for saying that he prefers Star Wars over Star Trek because the setting is more capitalist. There’s a lot of over-reading going on here, particularly because this all takes off from a short throwaway comment in an interview with Thiel where he comes […]

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Democratized Aristocracy

Voters in Switzerland just resoundingly defeated a referendum calling for a guaranteed minimum income, a check to be sent to every Swiss citizen every month for as much as 2,500 francs, or a little over $30,000 per year. That’s a solid lower-middle-class income—for doing nothing. There are two ways of looking at this news. We […]

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Capitalism Is Organic

A post from Facebook has been making the rounds, where I came across it by way of my Federalist colleague Scott Lincicome. ❤️ pic.twitter.com/JTtTlcNbGM — Scott Lincicome (@scottlincicome) April 11, 2016 Here’s the mind-blowing argument: “If we each grow a large crop of different food, we could all trade with each other and eat for […]

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Like Uber, But for Everything

If it sometimes seems like it’s impossible to restore the free market, as if every new wave of government regulation is irreversible, then consider that one form of regulation, which is common in the most dogmatically big-government enclaves in the country, is being pretty much completely dismantled before our eyes. And it’s the hippest thing […]

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Hillary Clinton and the Paradox of Subsidies

Hillary Clinton plans to deal with the higher education bubble by massively inflating it. Her plan for dealing with the runaway rise of college tuition is to throw another $350 billion of taxpayers’ money into that bloated system, and her plan for dealing with the crushing burden of student debt is to make it easier […]

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The Personnel Is Political

A priceless little gem of leftist thinking appeared yesterday at Rachel Maddow’s MSNBC blog, in which Steve Benen declares a triumph for the campaign to increase the federal minimum wage—in the form of private employers voluntarily raising their wages in response to market forces. Say what? Here’s what he wrote: Congressional Republicans are in a […]

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Mike Rowe for President

Mike Rowe for president. Seriously. Well, maybe not completely seriously. To run for president you need to have detailed policy positions on a wide range of issues, a history in office, and a giant campaign organization. And while he’s known for his willingness to try out dirty jobs, perhaps this is asking a bit much. […]

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What the Right Can Learn from Ayn Rand

In The Federalist, Hunter Baker recently argued that conservatives should approach the ideas of Ayn Rand with a little more “Christian charity,” and that they should reverse the attempt by William F. Buckley and Whittaker Chambers, decades ago, to drum Ayn Rand out of the right. I have a few quibbles with this piece, but […]

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What Atheists Have to Offer the Right

Conservative writer and CNN talking head S.E. Cupp recently put out a video describing how she has been welcomed among conservatives even though she is an atheist. This led Hot Air’s Allahpundit to chime in with his own experiences, citing myself and National Review‘s Charles Cooke as other examples of atheists on the right. And […]

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