On February 19, the UA Objectivist Club and College Republicans are inviting the public to the University of Arizona, where Dr. Yaron Brook will debate Dr. Keith Joiner (professor of Medicine, Cell Biology, and Health Promotion Services at the University of Arizona) on the morality and meaning of Obamacare.
You’ve no doubt heard Obamacare referred to as a train wreck. It’s a good metaphor for a number of reasons, not the least of which is the fact that train wrecks don’t just destroy the train, they cut a swath of destruction through the countryside.
We have heard several prominent business leaders — such as Home Depot co-founder Bernie Marcus and Subway founder Fred Deluca — state that they could not have started their amazingly successful businesses if they had to do it in today’s regulatory environment. This is alarming, and it is important to get a concrete sense of how regulations are killing the potential Home Depots and Subways of tomorrow.
The American Enterprise Institute recently published a paper, authored by eight economists, detailing the alternative health care system they prefer to Obamacare. I disagree with much of what they have to say, but I want to focus here on one crucial problem: The paper tries to achieve the impossible.
In the New York Times, Robert H. Frank, a Cornell economics professor, discusses the “market failure” he sees as necessitating Obamacare. According to Frank, “unregulated insurance markets [are] a catastrophically ineffective way” of achieving “universal” health care, which he considers the goal of health reform efforts.
Like General Motors, Bethlehem Steel was an iconic American corporation. It was the second largest steel producer in the United States. It helped build the Golden Gate Bridge, over 1,000 ships during World War II, and much of the New York City skyline.
