More regulation, oversight and patients. No class of American professionals will be more negatively impacted
by the Patient Protection and Affordable Care Act (PPACA), commonly
referred to as Obamacare, than physicians. Third-party payment arrangements are already compromising the
independence and integrity of the medical ... MORE
Showing posts with label demand. Show all posts
Showing posts with label demand. Show all posts
Andrew Langer: Free Markets Vs False Markets
Government puts shackles on producers. One of the great benefits of free markets is that they are eminently adaptable, constantly changing to meet the forces of supply, demand, and price. They are, in many ways, like organisms or ecosystems, evolving over time to improve. As factors change, industries or firms meet those changes, ... MORE
John Ransom: Chevy Volt Heads For Fiery Crash
Another failure of central planning. The good news for GM these days is that no one has been consumed in a fiery death due to engine compartment fires since the Chevy Volt was discovered to spontaneous combust after accidents shortly after production began. The bad news for the company is that while Chevy Volt sales in ... MORE
Labels:
automobile,
central planning,
consumer,
demand,
economics,
electricity,
GM,
green,
subsidies
Thomas Sowell: Economics Vs. 'Need'
A labor shortage should lead to higher wages. One of the most common arguments for allowing more immigration is that there is a "need" for foreign workers to do "jobs that Americans won't do," especially in agriculture. One of my most vivid memories of the late Armen Alchian, an internationally renowned economist at UCLA, involved a lunch ... MORE
The ObamaCare Gift To Planned Parenthood Clinics
by Paul Bedard. Most of Planned Parenthood's 750 health and
abortion clinics around the nation will be covered under Obamacare,
imposing a new demand on insurers who want to participate in the health
care exchanges that will provide insurance coverage to millions of
Americans. While insurers currently cover doctors and health ... MORE
Thomas Sowell: Wimps Versus Barbarians
Bet on the barbarians. An all too familiar scene was enacted on the campus of Swarthmore College during a meeting on May 4th to discuss demands by student activists for the college to divest itself of its investments in companies that dealt in fossil fuels. As a speaker was beginning a presentation to show how many millions of dollars ... MORE
Labels:
academic,
civilization,
demand,
free speech,
morality,
political correctness,
politics,
students
Brian Phillips: Abolish Public Schools
Make a move toward educational excellence. In recent years, it has become increasingly popular to argue that
government should be operated more like a business. As an example, a manifesto written by sixteen public school executives explains how to fix public schools: Let’s stop ignoring basic economic principles of supply and demand ... MORE
Husna Haq: Why Is Wal-Mart Worried?
Tax increases gouge low-income consumers. Retailers are preparing for a triple whammy as the restoration of the payroll tax, surging gas prices, and stagnant employment and wages take a bite out of consumers’ disposable income, leaving them with less cash to spend on clothing, groceries, and eating out. As a result, more than three ... MORE
James Dorn: Obama's Minimum Wage Is Zombie Economics
Minimum wage a maximum folly. President Obama’s proposal to increase the federal minimum wage is a
case of what Nobel laureate economist Paul Krugman calls “zombie
economic ideas.” According to Krugman, “a zombie idea is a proposition
that has been thoroughly refuted by analysis and evidence, and should be
dead—but won’t stay ... MORE
Devin Brian: Price Gouging On Guns?
Where is the outrage? Every time there is a natural disaster of some sort, gas station owners
are considered monstrous for raising prices to coincide with increased
demand of their scarce resources. However, I have not heard anyone
calling for the immediate lynching of those greedy gun shop owners who
have doubled or even tripled prices on ... MORE
Assault Rifles, Ammo Flying Off Shelves After Newtown
Citizens race to beat the ban. Gun enthusiasts have been stocking up in the wake of the Newtown, Conn., elementary school massacre
– flocking to gun shows to get their hands on parts and weapons out of
fear that lawmakers will take a harder stance on gun control in the
coming year. The phones at gun shops across the country have been ringing off ... MORE
Why Minimum Wage Laws Hurt, Not Help, Employees
by James Street. I began working at the ripe old age of 15. I refereed paintball on
the weekends. And it sucked. It was hot, stinky, I wasn't a big fan of
most of my fellow employees, my boss was a jerk, and I got paid $6 an
hour. I only worked 12 hours a week or so, and being a single teenager,
Uncle Sam raped me royally on taxes. One would think that such a ... MORE
Art Carden: Price Gouging In A Picture
What can we say about price gouging? In open defiance of what everyone learns in an introductory economics class about the laws of supply and demand, politicians in New York and New Jersey (and elsewhere, no doubt) are vigorously enforcing their laws against “price gouging” and implementing alternative rationing mechanisms like even-odd ... MORE
James Stacey Taylor: In Defense Of Price Gouging
Be careful what you wish for. Last Friday, Gov. Chris Christie announced that he was taking a “zero-tolerance” approach
toward anyone the New Jersey Division of Consumer Affairs found taking
certain steps to help bring in much-needed items that were in
desperately short supply after Hurricane Sandy smashed into the state
last week. ... MORE
Long Lines Caused By Government Price Gouging Laws
by Karl Dickey. New York and New Jersey are not much different from Florida when it comes to one aspect of reacting to a hurricane or major storm - price gouging
laws. What is often hailed as a great idea by the masses and
politicians looking for re-election has become another of government's
unintended consequences. And what dire ... MORE
John Stossel: In Praise Of Price-Gouging
Getting goods where they are needed most. Desperate New Jersey drivers wait in long lines to buy gasoline. One line was two miles long The media blame “a lack of electricity” and report that “Governor Christie has acted to boost supplies of gasoline…by directing Treasury officials to waive licensing requirements that affect merchants’ ... MORE
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