Fiscal Policy and Economic Recovery

The Obama administration is committed to using federal spending over the next few years in hopes of turning the economy around. It will be funded by continuous, massive budget deficits. Will deficit spending bring about economic recovery? Will a return to Keynesian economic policy bring us economic prosperity?

Health Care Reform: Do Other Countries Have the Answers?

The health care systems of all developed countries face three unrelenting problems: rising costs, inadequate quality, and incomplete access to care. Much analysis published in medical journals suggests that other countries have found superior solutions to these problems. This conclusion is at odds with economic research that is published in journals physicians seldom read, using methodologies that are unfamiliar to physicians.

The Big Chill

Two months ago this column offered an analysis of the Waxman-Markey global warming bill, its enormous cost and its practical impossibilities.

Retirement Planning at Graduation

It's college graduation time again, a life-changing moment for young people as they abandon the relatively safe confines of academic life and face the cruel world of job hunting, living on their own, money management, marital relationships, home buying and upkeep, and, possibly, child-rearing.

Obama to AMA: You're the problem

A leading health economist says President Obama delivered a subtle and unpleasant message to the American Medical Association yesterday, implying that doctors are the main problem behind rising healthcare costs. …

The Phantom Uninsured

The administration uses the "46 million uninsured" as a reason to nationalize health care. But the Census Bureau says about a fifth of those aren't U.S. citizens. In fact, a goodly number are illegal aliens.

Climate bill seems pretty dim

It's been called a highly regressive tax, imposing relatively higher costs on the poor. Another agrees that it would impose a larger burden, relative to income, on low-income households than on high-income households. And these are just its advocates.

Removing the Political Shortage of Water

About 82 percent of Americans receive drinking water via publicly owned water systems, according to the federal Environmental Protection Agency (EPA). Many of these municipal and regional systems operate at a loss, meaning users' fees don't cover the cost of treating and delivering the water.

Workplace Flexibility versus Unpaid Leave

The Family and Medical Leave Act of 1993 (FMLA) requires employers to allow employees to take 12 weeks of unpaid leave annually for a serious illness, to care for an immediate family member, or following an adoption or birth.  The FMLA now applies to companies that employ 50 or more workers, but during the campaign President Obama supported expanding it to cover businesses with as few as 25 employees. 

10 Cool Global Warming Policies

Global warming is a reality. But whether it is a serious problem – and whether emis- sions of carbon dioxide (CO2) and other greenhouse gases from human fossil fuel use are the principal cause – are uncertain. The current debate over the U. S. response to climate change centers on greenhouse gas emissions reduction policies, which are likely to impose substantially higher costs to society than global warming might.