Tag Archives: Economics
Tennessee Doctor Rejects Patient
Would you give a total stranger your social security number, your driver’s license, date of birth and insurance information? That’s what you’re doing when you go to any Tennessee doctor’s office. My answer, when they ask, “Honey, if you don’t …
Canadians Say Capitalism is Cure for Obamacare
All we need to do is look to our northern neighbors to see the future of healthcare in the United States under Obamacare. Long wait times for procedures, rationing, and people dying while waiting for life saving treatments are all …
Lack of Airline Transparency is Criminal Behavior
by Keith Smith, MD Quoting from Joan Lowy’s Associated Press article on airline fees: “But as many airlines offer a proliferating list of add-on services, from early boarding to premium seating and baggage fees, the ability to comparison-shop for the …
Residual Claimant: The Importance of Ownership
by Rick Weber “Residual claimant” is basically just econ-speak for owner, but it captures something about the important role they play in a productive economy. Put simply, a residual claimant is someone who takes responsibility for the use of resources …
GUNvernment Health Care
by G. Keith Smith, MD I am not an economist. I consider myself a student of the school of economics sometimes referred to as the “Austrian” school. Having said this, it is with some uncertainty that I write the following piece. …
The World of Health Care Pricing
http://www.marketplace.org/topics/life/health-care/world-health-care-pricing What’s amazing to me about this is the emphasis on relative prices. Here’s why: Prices reflect relative scarcity. Hayek uses the example of tin; let me modify his example and use doctors instead. Each doctor has a particular set …
Retail Therapy: Shopping is Good for Your Health
By Helen Briggs Health reporter, BBC News Shopping prolongs life, at least for the over 65s in Taiwan, according to research. Even after adjusting for factors like physical and mental infirmity, men and women who shopped daily lived longer than …
Who pays for the coming Health care law’s tax hikes
The upper and middle class will take the hit come tax day, as most of the lower class don’t have enough income to need to file taxes. April 15 will not be the only time the Obamacare tax is applied. …

