Occupation: Economist Birth: May 6, 1954
Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps..
I have come to believe that politicians are in the business of 'marketing' their product to the public, by exaggerating threats and over-selling gove….
When the government pays, health care's lack of affordability becomes a self-fulfilling prophecy. In health care, as in other things, government is t….
After over half a century of employer-provided health care coverage, the American people have developed a phobia of paying for health insurance thems….
I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders ….
Anyone who believes that we can afford collectively what we cannot afford individually is delusional..
The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government inte….
Your generosity is reflected in what you do with your own money, not in what you do with other people's money. If I give a lot of money to charity, t….
I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that ….
That eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history..
I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the diseas….
Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning..
I am worried about climate change. In one respect, I may be more worried than other people. I am worried because I have very little confidence that w….
The prescription for better health care is more freedom to innovate, not remote-control surgery from Washington..