A Gilded Planet

I know, it's hard to believe. But contrary to what you may have presumed from constantly hearing about the hijinks of Glenn Beck, Michael Steele and Michelle "I only stopped ranting against the US Census after a census worker was murdered for doing his job in Kentucky" Bachmann, there are still serious conservatives out there making smart, intellectually honest arguments. They've just been completely marginalized. But Tyler Cowen describes one of the most disturbing trends in our polity as skillfully as any progressive: FOR years now, many businesses and individuals in the United States have been relying on the power of government, rather than competition in the marketplace, to increase their wealth...Lately the surviving major banks have reported brisk profits, yet in large part this reflects astute politicking and lobbying rather than commercial skill. Much of the competition was cleaned out by bank failures and consolidation, so giants like Goldman Sachs and JPMo...

Imagine your ideal health insurance plan. First of all, it’s there when you need it; so when you get sick, you get care. It can’t be cancelled because of a loophole. It allows you to make your own health care decisions with consultation from your doctor and no interference from insurance company bureaucrats. It won’t discriminate against you because of gender or a preexisting condition. It’s affordable, which means no exorbitant out-of-pocket expenses, deductibles or co-pays. There’s also no arbitrary cap on how much care you can get over your lifetime or in any given year. It doesn’t disappear if you lose your job and it doesn’t change if you change jobs. And it fully covers all check-ups and tests that helps you avoid getting sick in the fist place. The Medicare-like public insurance plan included in the bill that has passed four out of five congressional committees and the health care agenda that President Obama campaigned on last fall fits the ideal health insurance plan I describe...

President Obama has set a clear goal of comprehensive health care reform before the end of this year. He has boldly determined that deferring urgent changes to the American health care system cannot wait another year. But in accomplishing this goal, Congress has a responsibility to make sure health care reform serves the public interest and not the narrow goals of Washington lobbyists. In the growing debate over President Obama's health care plan, insurance companies have made very clear their opposition to the provision of the option of an afforable public health insurance plan to every American. This opposition is based entirely on the insurance industry's fear that a viable public insurance option will cut into the potential future profits of the industry. From the beginning of the 2008 presidential campaign, Barack Obama has argued that every American has right to an affordable health insurance plan that will be there when it's needed. The not-for-profit, Medicare-like ...