Archive for the ‘economics’ tag
The Weakness of Stimulus
Simply put: the Stimulus doesn’t return the same bang for the buck as private investment, so why take money out of the hands of private investors?
Spokes Model
Paris had a wonderful experiment with public bicycles.
A popular bicycle rental scheme in Paris that has transformed travel in the city has run into problems just 18 months after its successful launch.
Over half the original fleet of 15,000 specially made bicycles have disappeared, presumed stolen.
People take care of private property. They don’t take care of public property.
And in a national health system, your body is indeed public property.
No joke.
Were you aware that soliders who are lax in avoiding sunburns can be written up for “damaging government property?”
Once HHS is writing the rules for what treatments will and won’t get payment, watch for the behavioral rules and mandated diets, because your health is now of financial interest to the state.
Sorta like having NutriSystem in the Stimulus package, but rather a bland and flavorless version that costs three times what an ordinary meal might, and is designed to be culturally offensive to no one.
Friedman is STILL right
Milton Friedman is still right:
Quote of the Day
From this NPR piece, Obama Gives Keynes His First Real-World Test:
“Prescribing Keynesianism to some politicians is like prescribing crack to a coke addict.”
(If they ran more of this during pledge drive week, there would be no need for taxpayer funding.)
