Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on November 5, 2012
There are two ways to allocate resources: “high bid wins” and “line up.” In New Jersey and New York, “line up” is now in operation. Why not allow $10 a gallon gasoline to clear the market? Because that would be “unfair.” So, people with time on their hands get “cheap” gasoline — cheap if the […]
Continue reading →Written by Gary North on October 9, 2012
I recommend two books: one on socialized medicine’s foul-ups and the other on government regulatory foul-ups. You can download both for free. The first is Shattered Lives. The second is Shattered Dreams. These books are a warning. Bureaucratic medicine and bureaucratic safety are myths. People who were supposed to be helped were harmed. There are […]
Continue reading →Written by Gary North on October 5, 2012
Yes, he really said it. He is an honest man. These were the opening words of a New York Times Op-Ed article. He got my attention! Then he explained. Well, maybe not death panels, exactly, but unless we start allocating health care resources more prudently — rationing, by its proper name — the exploding cost […]
Continue reading →Written by Gary North on September 26, 2012
In 2008, candidate Obama promised that his administration would cut health care premiums by $2,500 per year per American family. But, since 2009, premiums have risen by $2,370 a year. This is a huge hit on family budgets. It will get a lot worse. Government is in charge of American medicine. State governments license physicians […]
Continue reading →Written by Gary North on July 26, 2012
Rationing is inevitable in a world of scarcity. You can ration by price: high monetary bid wins. You can ration by standing in line: first come, first served. You can ration by bureaucratic procedure: fill out forms. You can ration by favors: hello, baby. But there is always rationing. The free market rations by price. […]
Continue reading →Written by Gary North on May 8, 2012
Every year, Medicare is scheduled to cut payments to physicians and hostitals. Every year, Congress delays the cuts. There will come a time when Congress doesn’t. The province of Ontario has launched a new cost-cutting program. It is reducing payments to physicians. If this policy continues, physicians will lose money on patients. So, they will […]
Continue reading →Written by Gary North on December 1, 2011
Are you on Medicare? Be sure you have a regular physician. They may stop taking new patients. Congress is about to stick it to physicians: a 27% cut in Medicare payments, beginning January 1. This is called squeezing the providers. It will make medicare patients liabilities. There will be rationing at some point. Smart physicians […]
Continue reading →