Economics

Watch Ron Paul Crush It On His New TV Channel

"As he celebrates his 78th birthday, with a string of ongoing and upcoming projects, Paul’s 'retirement' is looking more and more like a full-time job. While congressional service may have provided the initial platform, Paul is now freed from the hyena’s den, and his work outside of politics will prove to have a real lasting impact on public debate and on spreading an intellectual revolution. Last week, Paul debuted his internet media outlet. The Ron Paul Channel is branded as an alternative to the corporate media, allowing viewers to watch his talk show-style program online, 'When they want, where they want, and on the device they want: internet-connected televisions, computers, tablets, and smart phones.'" Continue reading →

Continue ReadingWatch Ron Paul Crush It On His New TV Channel

The Man Who Was Treated for $17,000 Less

"Most people are unaware that if they don't use insurance, they can negotiate upfront cash prices with hospitals and providers substantially below the 'list' price. Doctors are happy to do this. We get paid promptly, without paying office staff to wade through the insurance-payment morass. So we canceled the surgery and started the scheduling process all over again, this time classifying my patient as a 'self-pay' (or uninsured) patient. He underwent his operation the very next day, with a total bill of just a little over $3,000, including doctor and hospital fees. He ended up saving $17,000 by not using insurance." Continue reading →

Continue ReadingThe Man Who Was Treated for $17,000 Less

Don’t Be Fooled, ObamaCare Will Drive Up Unemployment and Healthcare Costs

"To the extent that prices are prevented from rising, it will create enhanced rationing by waiting. And almost anything patients and doctors to do circumvent the cost of waiting will also add to the money cost of care. For example, an increasing number of primary care doctors are becoming concierge doctors. For a fee of about $2,000 a year, patients get same day or next day appointments, more time with the physician and someone who acts as their agent in dealing with other parts of a complex heath care system. Yet physicians who become concierge doctors typically replace a practice that sees about 2,500 patients with one that sees only about 500." Continue reading →

Continue ReadingDon’t Be Fooled, ObamaCare Will Drive Up Unemployment and Healthcare Costs

2009 Promise of Cheaper Health Care Has Morphed Into 2013 Price Hikes

"Remember when President Obama promised back in 2009 that his health care reform plan would cut insurance premiums for the average family by $2,500? Four years later, those promised cuts have morphed into admissions of price hikes. According to a new study from Bank of America Merrill Lynch, 70 percent of chief financial officers cite health costs as their top concern, up from 51 percent last year, mainly because of what they expect Obamacare to do to costs. Many smaller companies are contemplating dropping family coverage — and will instead offer benefits to workers only, thanks to the higher costs on the way because of Obamacare. Continue reading →

Continue Reading2009 Promise of Cheaper Health Care Has Morphed Into 2013 Price Hikes

Disturbing report finds U.S. hospitals profit more when surgery goes wrong

"US hospitals face a disincentive to improve care because they make drastically more money when surgery goes wrong than when a patient is discharged with no complications, a study published Tuesday found. An estimated $400 billion is spent on surgery in the United States every year. Privately insured patients with complications provide hospitals with a 330 percent higher profit margin than those whose surgeries went smoothly. Patients whose bills are paid by Medicare — a government insurance plan for the elderly and disabled — produced a 190 percent higher profit margin when complications arose following surgery." Continue reading →

Continue ReadingDisturbing report finds U.S. hospitals profit more when surgery goes wrong

Obamacare, Stimulus, and Other Disasters

"John Lott is best known to the public for his outstanding analysis of gun control legislation, but his research as an economist extends far beyond that topic; and he here gives us a devastating account that covers the full range of the Obama Administration’s economic policy. One would expect a book by John Lott to say something informative about gun control, and our author does not disappoint us. It transpires that he met President Obama when both of them served on the law school faculty of the University of Chicago." Continue reading →

Continue ReadingObamacare, Stimulus, and Other Disasters

Obamacare, Stimulus, and Other Disasters

"John Lott is best known to the public for his outstanding analysis of gun control legislation, but his research as an economist extends far beyond that topic; and he here gives us a devastating account that covers the full range of the Obama Administration’s economic policy. One would expect a book by John Lott to say something informative about gun control, and our author does not disappoint us. It transpires that he met President Obama when both of them served on the law school faculty of the University of Chicago." Continue reading →

Continue ReadingObamacare, Stimulus, and Other Disasters

Obamacare, Stimulus, and Other Disasters

"John Lott is best known to the public for his outstanding analysis of gun control legislation, but his research as an economist extends far beyond that topic; and he here gives us a devastating account that covers the full range of the Obama Administration’s economic policy. One would expect a book by John Lott to say something informative about gun control, and our author does not disappoint us. It transpires that he met President Obama when both of them served on the law school faculty of the University of Chicago." Continue reading →

Continue ReadingObamacare, Stimulus, and Other Disasters

Obamacare, Stimulus, and Other Disasters

"John Lott is best known to the public for his outstanding analysis of gun control legislation, but his research as an economist extends far beyond that topic; and he here gives us a devastating account that covers the full range of the Obama Administration’s economic policy. One would expect a book by John Lott to say something informative about gun control, and our author does not disappoint us. It transpires that he met President Obama when both of them served on the law school faculty of the University of Chicago." Continue reading →

Continue ReadingObamacare, Stimulus, and Other Disasters

Obamacare, Stimulus, and Other Disasters

"John Lott is best known to the public for his outstanding analysis of gun control legislation, but his research as an economist extends far beyond that topic; and he here gives us a devastating account that covers the full range of the Obama Administration’s economic policy. One would expect a book by John Lott to say something informative about gun control, and our author does not disappoint us. It transpires that he met President Obama when both of them served on the law school faculty of the University of Chicago." Continue reading →

Continue ReadingObamacare, Stimulus, and Other Disasters