‘Health Status Insurance’ Provides Real Alternative to Universal Care

So screams the headline of John Cochrane’s oped in today’s Investor’s Business Daily.  An excerpt: Markets can provide long-term, secure health insurance while enhancing choice and competition. Given the chance, they will… This is not pie in the sky. The market for individual health insurance is already innovating to provide better long-term insurance. Well before […]

Shuffle, Shuffle, Shuffle…

This morning I attended a federal student aid event at the New America Foundation. The big topic? Not the effect of aid on out-of-control college prices, by far the most important concern from the contexts of economic growth, affordability, fairness to taxpayers, etc. No, it was the Obama Administration’s “bold” (NAF’s word) proposal to kill […]

Court Embraces the Spirit of Aloha

Today the Supreme Court unanimously ruled that the resolution Congress passed in 1993 to apologize for U.S. involvement in the overthrow of the Hawaiian monarchy—a determination that remains controversial among historians—did not affect Hawaii’s sovereign authority to sell or transfer the lands that the United States had granted to the State at the time of its […]

Government Motors

Washingtonpost.com collected and posted sundry opinions about Rick Wagoner’s dismissal as GM CEO yesterday. Those opinions, including mine, are posted here. But to spare you the click, here’s what I wrote: President Obama’s newly discovered prudence with taxpayer money and his tough-love approach to GM and Chrysler would both have more credibility if he hadn’t […]

A Mind Is a Terrible Thing to Waste (after High School)

The South Carolina NAACP is among the most strident opponents of a new education tax credit proposal in that state that would make it easier for families — especially poor families — to choose private schools for their kids. But the NAACP’s national platform states that: The NAACP is a leading advocate of equal access to […]

Af-Pak and the U.S.

The violence ripping across Afghanistan will not be stopped unless the problems in nuclear armed Pakistan are addressed, says Cato scholar Malou Innocent, who traveled to Pakistan late last year. In a new Cato video, Innocent explains what the United States can do to protect its interests and return stability to the region. Her forthcoming paper, […]

Monday Podcast ‘The Politics of Medical Marijuana’

As of this writing, 13 states have passed legislation legalizing medical marijuana. President Obama’s pledge to stop raiding medical marijuana facilities was met with praise from opponents of the drug war, but what does it mean for the future of drug policy? In Monday’s Cato Daily Podcast, Rob Kampia, executive director of the Marijuana Policy […]

Obama’s First Tax Hike Hits the Poor

It is curious that President Obama keeps claiming that he is not raising taxes on lower-income Americans, yet a tax hike that will impose a disproportionately large burden on the poor goes into effect Wednesday.  In February, Obama signed into law a large tax hike on cigarette consumers. The federal tax on cigarette consumers is jumping from 39 […]

Amusing, but Tragically Accurate, Video on Ag Subsidies from the U.K.’s Taxpayers Alliance

It is unclear whether European Union agriculture policy is more absurd or less absurd than American agriculture policy. Both systems reward special interests. Both systems distort markets. Both systems deprive people in the developing world. Both systems are bad news for taxpayers. The real issue is whether it is possible to reverse these terrible policies. […]

Events This Week

Tuesday, March 31, 2009 POLICY FORUM – Can the Market Provide Choice and Secure Health Coverage Even for High-Cost Illnesses? 12:00 PM (Luncheon to Follow) In a study recently published by the Cato Institute, economist John Cochrane argues that the market can solve a huge piece of the health care puzzle: providing secure, life-long health […]