significantly as new treatments, medical technology, and drugs became available. Growth in spending of this nature is desirable if it satisfies consumer preferences. from the 1965 Sourcebook of Health Insurance Data makes clear. The most important economic consequence of employer-provided health insurance is that consumers are much
unfolding) calamities. When Politicians Panicked is a superb analysis of the economic tradeoffs ignored by alarmist Covid policymakers, and a blow by blow account their bungling in the early months of 2020. But this is also a book about economicgrowth, employment, markets and prosperity, with well-supported arguments written in
McMaken makes a strong case that restrictive lockdown measures further reduced economic activity beyond the effect of normal voluntary social distancing without shows that government lockdowns are the main driver of the fall in mobility and economicgrowth during the pandemic. According to the Oxford COVID-19 Government Response
as a social movement, its most ardent advocates were the progressives, while in economics its most famous champion was John Maynard Keynes . Recently, the history of rhetoric of public policy has changed since the heyday of eugenics a century ago, economic policies with eugenic implications persist almost unnoticed in the 21 st also requires control over reproduction: Without coercive regulation of the growth of population, a socialist community is inconceivable. A socialist community
seem wildly optimistic. One example is the trustees’ projection that the growth in expenditures will average 2.98 percent to 2019. The historical data show ensure these payments can be made. The size of the unfunded liability depends on economic assumptions, and estimates range from $50 trillion to over $100 trillion.
(including the United States) has served mainly to accelerate healthcare-cost growth and benefit the medical-industrial complex at the expense of the public. To right to medical insurance that covers all health related expenses — that’s a big economic problem. Friedrich Hayek wrote , There is no objective standard for judging
when faced with the more contagious omicron variant and the negative social and economic impact of lockdowns . Yet Xi Jinping and the Chinese Communist Party (CCP) 2021 by taking advantage of robust external demand for consumer goods and global growth stimuli. Figure 1: Confirmed covid-19 cases Source: Our World in Data. Figure
Should we blame technology for the growth in healthcare spending? Austin Frakt, a healthcare economist who writes for Prize-winner economist Kenneth Arrow gave fresh impetus to the field of healthcare economic theory in a seminal paper calling attention to this potential for
us a devastating account that covers the full range of the Obama Administration’s economic policy. Readers stirred to anger by the simpleminded statism of Paul Krugman Did we not then see very high tax rates together with high rates of economicgrowth? “In the 1950s incomes in the top bracket faced a marginal tax rate of 91,
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.