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Matching entries from Houston's Clear Thinkers
That governmental Ponzi scheme
At the end of this common sense post that mostly points out that no useful public policy is served by the government denying grandparents the right to establish Health Savings Accounts for the benefit of their grandchildren, the always entertaining...
Ed Prescott on playing politics with tax rates
2004 Nobel Laureate Edward Prescott is a Clear Thinkers favorite, and his work on Social Security reform reflects (here and here) a remarkable ability to present economic principles in a clear manner. In this Wall Street Journal ($) op-ed, Mr....
The looming fiscal crisis over Medicaid
This Wall Street Journal ($) article is an excellent overview of how subsidizing Medicaid is overwhelming state budgets across the country. The article uses the state of Mississippi as an example, where federal and state funding of the program has...
Clear thinking on Social Security reform
The Bush Administration's initiative to reform the Social Security system has been criticized recently as being premature because the system is not really in crisis and there are more pressing fiscal problems, such as reforming the health care finance system....
More Econoblog -- Social Security reform
The Wall Street Journal ($) is continuing its interesting Econoblog series, in which the WSJ hosts two experts in economics debating hot issues of the day. In this most recent segment, bloggers Arnold Kling and Max Zwicky debate the merits...
Paul O'Neill on Social Security reform
Former Bush Administration Treasury Secretary Paul O'Neill criticized the Bush Administration for a lack of meaningful policy analysis in his book, The Price of Loyalty. Mr. O'Neill is a bright and independent thinker about matters of financing governmental policy, so...
More Ed Prescott on Social Security reform
2004 Nobel Prize in Economics recipient Edward C. Prescott wrote this earlier Wall Street Journal ($) piece advocating a restructuring of the current Social Security system to one based on mandatory individual retirement accounts. In this op-ed from today's WSJ,...
Presidential candidates and Econ 101
Edward Lotterman is a Twin Cities-based economist who writes a smart column for the Twin Cities Pioneer. Earlier posts have referred to his thoughts on the addictive nature of governmental subsidies and the market's superior ability to react to OPEC's...
The prospects for real Social Security reform
In his weekly Business World column today, the Wall Street Journal's ($) Holman Jenkins, Jr. lays out the case that a second Bush Administration may be the one time that realistic reform of Social Security could actually take place: People...
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