Minor Thoughts

There are two ways for a government to be ‘pro-business.’  The first way is to avoid interfering in capitalist acts among consenting adults – that is, to keep taxes low, regulations few, and subsidies non-existent.  This ‘pro-business’ stance promotes widespread prosperity because in reality it isn’t so much pro-business as it is pro-consumer.  When this way is pursued, businesses are rewarded for pleasing consumers, and only for pleasing consumers.

Middle-class families need health insurance to protect themselves from the financial devastation of a catastrophic illness. But many (arguably, almost all) of the most serious defects of the health care system are created by third-party payment of medical bills.

I should know by now that whenever I try to explain something John Stossel has already explained it better. First, he delivers a great quote about why competition keeps prices low.

In a free market, a business that is complacent about costs learns that its prices are too high when it sees lower-cost competitors …

In today’s New York Times, David Leonhardt talks about the problem of health care choice. Specifically, the fact that most people don’t have any choice. He starts out making a lot of sense.

Health insurers often act like monopolies — like a cable company or the Department of Motor Vehicles — because they resemble …

I’ve been spending time this weekend catching up on some of the articles that I marked for reading over the last couple of months. This morning, I read How David Beats Goliath by Malcom Gladwell.

He tells several stories throughout the article to illustrate his main points: underdogs have to change the rules of the game.

How?

Change …