Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers to win frivolous lawsuits against insurance companies.
It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
All of us should be on guard against beliefs that flatter ourselves. At the very least, we should check such beliefs against facts.
Our schools and colleges are turning out people who cannot feel fulfilled unless they are telling other people what to do.
Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.
A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.
There is no question that liberals do an impressive job of expressing concern for blacks. But do the intentions expressed in their words match the actual consequences of their deeds?
Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children of illegal immigrants have such a right?
We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.
Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.
One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.
Successful communication depends on how well we listen, rather than how well we push our opinions on the person seated before us.
I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.
I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they're right.
People in the mass media tend more and more every day to look and act like elected and appointed officials.
If we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit, particularly German taxpayers and savers.
As an observer of markets - whenever everyone focuses on one thing - like Greece and Europe - maybe they miss issues that are far more important - such as a meaningful slowdown in India and China.
Rand Paul comes off like an academic stiff who wants to give us a lecture on American civics.
My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges.
Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
