European Central Bank President Mario Draghi told The Wall Street Journal last month that the "European social model has already gone." If his fellow Europeans have read Friedrich Hayek, they would also understand why. Friedrich August Hayek, who passed away 20 years ago this week, was one of the foremost social scientists of the last century. A Nobel laureate in economics, Hayek is often … [Read more...] about Alberto Mingardi: The European Union According to Hayek
Yuval Levin: Unhappy Birthday
Obamacare was enacted two years ago today. So far, its foremost achievement has been a Republican House of Representatives. But unless its next (and last) achievement is a Republican president and Senate willing to repeal the law, we are in for a world of trouble. To avoid that trouble and elect that new president and Senate, opponents of Obamacare have to keep the public focused on it, and keep … [Read more...] about Yuval Levin: Unhappy Birthday
Court should declare law unconstitutional
The Patient Protection and Affordable Care Act is unconstitutional down to its very DNA. The Supreme Court can save itself and the country years of litigation by striking down the entire law when it issues its decision this summer. Two key provisions in the health overhaul law are being challenged in current case -- the individual mandate and mandatory Medicaid expansion. Individual … [Read more...] about Court should declare law unconstitutional
How ObamaCare Misses the Mark on Pre-Existing Conditions
Missing the mark: The president said that 129 million people were being denied health insurance because of pre-existing conditions. But only 48,879 people have signed up for ObamaCare’s expensive pre-existing condition insurance, costing taxpayers $5 billion. High cost: Costs per enrollee are estimated to average $28,994 in medical costs in 2012, according to the Obama administration, more than … [Read more...] about How ObamaCare Misses the Mark on Pre-Existing Conditions
Coffee and Markets: ObamaCare’s 2nd Anniversary
On this edition of Coffee and Markets, hosts Brad Jackson and Ben Domenech are joined by Grace-Marie Turner to discuss the two year anniversary of Obamacare’s signing, the upcoming case before the Supreme Court and the many ways the law threatens your constitutional rights. Listen now... … [Read more...] about Coffee and Markets: ObamaCare’s 2nd Anniversary
Avik Roy: How Obamacare Dramatically Increases the Cost of Insurance for Young Workers
In 2009, during the height of the debate over Obamacare, the law’s architect, MIT economist Jonathan Gruber, was all over the op-ed pages, talking about how the bill would reduce the cost of health insurance. “What we know for sure,” he told Ezra Klein, “is that [the bill] will lower the cost of buying non-group health insurance.” His words were trumpeted by the law’s advocates, and were critical … [Read more...] about Avik Roy: How Obamacare Dramatically Increases the Cost of Insurance for Young Workers
Repeal ObamaCare’s payment panel now
Almost half of the American people think that Obamacare has either been repealed or struck down by the courts. While they remain opposed to the law, most know little about what is actually in it and some have even become complacent. Meanwhile, the Obamacare freight train is gaining momentum every day, ready to slam into our economy and health sector when the full force of the law hits in … [Read more...] about Repeal ObamaCare’s payment panel now
How ObamaCare’s Rules Drive Up Costs
Health costs are soaring. The cost of an employer plan rose last year to $15,000 for a family policy – with cost rising three times faster than the year before. When the full force of ObamaCare hits in 2016, the CBO expects the typical family policy to cost $20,000. And everyone will be required to buy the coverage under penalty of federal law, with only a relatively small number qualifying … [Read more...] about How ObamaCare’s Rules Drive Up Costs