October 3, 2010

The Problem with a Health Care Monopsony

Americans detest monopolies. And rightly so. Theoretically, monopolies represent an inefficient allocation of scarce resources. The monopolist is adept at converting consumer surplus into producer surplus since fewer goods are produced at a...

April 10, 2010

Reading the Tea Leaves of Health Reform

ObamaCare was in part modeled after some states' own health reform measures. What happened there provides striking insight into what the country is in for over the next few years. States like New York, Massachusetts, and Colorado share common reform ...