Analysis of McCain Health Plan Tries Too Hard

In a letter to the editor of the journal Health Affairs, I respond to a recent critique of John McCain’s health-care reform plan by Thomas Buchmueller, Sherry A. Glied, Anne Royalty, and Katherine Swartz.  An excerpt:
The McCain plan would eliminate forced subsidies: of the sick by the healthy (via employer-sponsored insurance and community rating) and of […]

Let Palin Be Palin

Some commentators are suggesting that the McCain campaign has panicked about Sarah Palin’s appeal, trying to cram her head with policy-wonkery and then hiding her in a closet when that didn’t work. Let Palin be Palin, they say — let her show her authentic self, the gun-totin’, family-raisin’, reformist governor that Alaskans love.
Good idea. Let’s […]

Harvey Silverglate’s Libertarian Ire

Cato’s new adjunct scholar, Harvey Silverglate, is in the news again for combating political correctness on campus.  From the New York Times:  “Silverglate’s column described events at Harvard Law School, where a sexual harassment speech code was adopted after a student parody of a woman law professor sparked a huge outcry. The code prohibits speech […]

I Stand Corrected

In a blog last week, I suggested that after years of carrying water for the Bush administration’s big-government agenda, House Minority Leader John Boehner (R-Oh) had “suddenly found a spine” and learned to say no.    Apparently not.  Accepting little more than a fig-leaf of change, Boehner now has endorsed the president’s $700 billion bail-out of Wall […]

Our Intellectual President

Last week, a group of 192 economists signed a letter expressing concern over the Treasury Department’s proposed bailout of the financial industry.  They write:
The plan is a subsidy to investors at taxpayers’ expense. Investors who took risks to earn profits must also bear the losses.  Not every business failure carries systemic risk. The government can […]

A $700-Billion-Dollar “TARP” Won’t Cover Over Economic Realities

I’ve posted a copy of the proposed bailout legislation online in html format, which is easier to read, copy, and paste. Considering its size and significance, I urge you to review it and share it with others.
We have several experts on the bailout at Cato, and our media producer Caleb Brown has ably drawn them […]