By Andy Blom, TES Contributor When setting policy that affects millions of Americans every day, Congressional leaders should create a policy that is well-intentioned without producing unintended consequences. Unfortunately, that appears too much to ask for when it comes to the Lower Health Care Costs Act (LHCC) currently being proposed by Senator […]
Tag: economics
Congestion costs Mexican cities 94 billion pesos a year
“The cost of congestion: life and resources lost” Courtesy of IMCO Mexican cities do not measure the effects that vehicular congestion has on the population, so the inhabitants pay the high costs generated by this problem due to the lack of public policies and investment to guarantee better public transport services. This […]
Canada’s healthcare system desperately needs private sector participation
“Canada’s Health Care Woes: Waiting Lists, Outdated Equipment, Staff Shortages” By Peter St. Onge and Patrick Déry, courtesy of MEI In the upcoming US election, at least ten Democratic presidential candidates are on record endorsing a consciously Canadian-style “Medicare for All” plan.(1) Most would replicate universal public funding of health care, while some […]
Does “Singapore on steroids” appeal to northern voters?
“‘Getting Brexit Done’ and financial services” By Prof. Sarah Hall, courtesy of UK In a Changing Europe 2020 will bring questions of trade and trade policy to the foreground of the Brexit process. Following his election victory, Boris Johnson has made clear that he intends to take the UK out of the EU […]
“Escape the crisis by growing” is a myth
By Natalia Motyl, courtesy of Ámbito Financiero and Libertad y Progreso Many politicians and professional colleagues declare that to get out of the crisis you have to grow. Which up to a point is obvious. That is why we have to transform the premise “you get out of the crisis by growing” […]
The European Green Deal Is Every Bit as Bad as Expected
By Bill Wirtz, courtesy of the Austrian Economics Center The European Commission has unveiled its “European Green Deal,” after taking hints on denomination from its American counterpart, the “Green New Deal.” While the legislation introduced in the U.S. Congress remains fiction under a Republican executive and Senate, the Brussels initiative will become law unless […]
EU hopes to lead world’s environmental-economic transformation
“Europe’s Apollo 11 will not be about the moon” By Simone Tagliapietra, courtesy of the Bruegel Institute “This is Europe’s ‘man on the moon’ moment.” These are the bold words used by European Commission president Ursula von der Leyen 11 days into her job as she presented her plan for a ‘European Green Deal’ […]
Trade deal will make it (even) harder for China to liberalize
“Trump’s ‘Phase 1’ Deal with China Promotes US Exports in the Wrong Way” By Daniel Griswold, courtesy of the Mercatus Center A novel feature of the Trump administration’s “Phase 1” trade deal with China announced last Friday is that it would require China to increase its purchase of US goods and services by […]
Price Controls Consistently Fail Consumers: Why does Congress keep hoping that next time they will work?
By George Landrith, Frontiers of Freedom Government mandated price controls do not work. The intentions of Members of Congress when passing such government mandated price controls may or may not be good, but intentions are not the issue. Even if their intentions are good, the results will not be. That is the bottom […]
Is there a more rational (and humane) way to evaluate development outcomes?
“Alternatives to the New Scientism in Development Economics” By Matt Warner, courtesy of Atlas Network When Abhijit Banerjee and Esther Duflo were announced as two of this year’s Nobel Prize winners, it prompted a fresh flurry of public critiques of their work in development economics. From voices as diverse as Oxfam’s Duncan Green […]