“In a recent Pew poll, 44 percent of Americans regarded Palin unfavorably. But slightly more had a favorable impression of her. That number included 46 percent of independents, and 48 percent of Americans without a college education. That last statistic is a crucial one. Palin’s popularity has as much to do with class as it […]
Archive for July, 2009
“On further reflection, the fact that health insurance is too expensive for the poor is actually an important argument for deregulation of the health industry in order to bring costs down. For starters, there are many regulations on the books that specify what health insurance companies have to cover - mental health being the most […]
“The smart response to market failure varies sharply depending on what the market failure is supposed to be. If the problem with free-market health care is just that poor people can’t afford health care, then the smart response is simply to give poor people more money (or possibly a cash voucher), and leave insurance companies […]
Why Would Wal-Mart Support Obama’s Healthcare Reform?
Published by in Economics, HealthCare, ModernPolitics and Wal-Mart. 0 CommentsMegan McArdle explains the basic economics behind the decision:
…Wal-Mart is in favor of this because it raises the barriers to entry in the retail market, and hammers Wal-Mart’s competition.
… even in liberal academic literature, it is a commonplace that regulations disproportionately benefit several types of firms:
a) Incumbents
b) Market leaders
c) Firms with the most employees
Regulation has […]