Filed under: Capitalism, Conservatism, Economy | Tags: Bastiat's Theorem Restated, Economics, Worth Remembering
From Henry Hazlitt’s Economics in One Lesson. “You can’t raise living standards by breaking windows so some people can get jobs repairing them.”
Filed under: Foreign Policy, Islam, Terrorism | Tags: Afghanistan, health care, Pakistan, U.S. Military
William Kristol doesn’t understand the agonizing over Afghanistan:
I think that’s pathetic. The president said this is a war of necessity. He said it’s a war we have to win He said we have to think about it regionally and that we have to think of Afghanistan together with Pakistan and that we can’t have a stable Pakistan unless we hold the line in Afghanistan, and an unstable Pakistan in unbelievably dangerous since they have nuclear weapons. Why is this a tough call?
In essence, he writes, we should accept a high risk of failure in Afghanistan because trying to win the war will take away momentum from Obama’s domestic agenda, notably health-care reform. “The last thing he should do is rush into a new set of obligations in Afghanistan that would come to define his presidency more than any victory he wins on health care.”
Well, that kinda sums it up, doesn’t it?
Filed under: Economy, Freedom, Health Care | Tags: Insight, Right vs. Left, The Market
I ran across an interesting interview of the Cato Institute’s Michael Cannon, a health policy analyst, by Ramesh Ponnuru of National Review. This was the exchange that caught my eye:
NRO: Mickey Kaus recently asked “some of my conservative friends [to] explain to me just what it is that private insurers do that makes them worth preserving. The central problem…is that the free market does not reward insurers who provide excellent care. The market punishes insurers who provide excellent care, because the people who will be most attracted by excellent care are sick people, the very people who will drive insurers into bankruptcy. …
CANNON: I don’t know Kaus, but it appears that he may be afflicted with the typical laziness that the Left brings to health care: They start with the conclusion that government should run everything, then work backward. Everything that goes wrong is “the market,” even when the problem was created by government. If that’s the way you “reason,” who wouldn’t hate markets? (emphasis added)
The whole interview is worth your time, but that observation is insightful: “They start with the conclusion that government should run everything, then work backward.” So true, and it explains a lot.