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Lee Kuan Yew’s Singapore Showed that Health Savings Accounts Work

Lee Kuan Yew died last week at the age of 91. One of the most important thing he did as Prime Minister of Singapore, argues John Fund, was to show that voucherizing social programs is the way to have More...

The Hudsucker Proxy Shows the Value of a Price-Coordinated System

Market prices are signals that help people figure out what economic activity is valuable to society and what isn’t. The film The Hudsucker Proxy helps us to see the point, explains Andrew Heaton More...

Did ObamaCare Really Reduce Health Care Inflation?

ObamaCare’s defenders seem to believe the law contains a wayback clause, the “most celebrated effect” of which, writes David Catron “is its retroactive reduction of medical inf More...

Good Policies Should Be Able to Withstand Scrutiny

The deal on Iran’s nuclear program, writes Danniel Henninger, is shaping up to be “a virtual Rube Goldberg machine, a patchwork of fixes” that does not have adequate political suppor More...

If You Think a Carbon Tax Matters, then You Should Also Be Against the Minimum Wage

Many liberals tend to believe both that raising the minimum wage will help low-income workers and that a carbon tax will succeed in reducing carbon emissions. Don Boudreaux, seeing a “first-rank More...

The Obama Administration Is Not, as Advertised, the Most Transparent Administration Ever

“The Obama administration,” writes the Associated Press’s Ted Bridis, “set a record again for censoring government files or outright denying access to them last year under the More...

Keynesianism Is Alive at the CBO

While the broad outlines of the Republican budget plans—eliminating the deficit by 2024 while bringing federal spending down to about 18 percent of GDP—suggest a return to slightly more re More...

Disconnect on Defense

Republicans want the President to do more to confront foreign threats, but they don’t seem willing to provide the means, observes Robert Kagan: Congress is debating the federal budget, and More...

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