Economics

A Government Guide to Keeping Insulin Unaffordable: 3 Easy Steps to Hogtie a Market 0
- Economics
- March 26, 2019
If you’ve heard anything about insulin lately, it’s probably been palpable outrage over soaring prescription prices or dubious optimism about Eli Lilly’s recent release of its new version that, at half the price, will cost an arm or a leg but not both. Amid this cesspool of indignant commentary, you’re likely to hear one of
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The Pitfalls of Ethnic Pay Gaps 0
- Economics
- March 19, 2019
British Prime Minister Theresa May is obsessed with measuring pay gaps between social groups. She championed the requirement for companies with more than 250 workers to measure the so-called “gender pay gap.” Now she wishes companies to measure the “ethnic pay gap.” Yet these measurements, hailed by champions of intersectional theory, produce deceptive statistics that
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The Rosetta Stone’s Hidden Lesson on Taxes and Special Interests 0
- Economics
- March 19, 2019
Tax season is a good time to remind us that the history of taxes tells the story of whole civilizations. What is taxed, and how much is it taxed, tells us what the rulers valued. What was exempt tells us who had the political pull to be excluded. It is no different today. If you’re
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Single-Payer Healthcare Topples Nordic Government 0
- Economics
- March 18, 2019
Failure to reform the national health system has led the government to collapse in one of the most statist governments following the Nordic model. Prime Minister Juha Sipilä of Finland and his cabinet members have resigned after failing to rein in the nation’s health care costs and provide greater competition. This comes as reports show private citizens in
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Why We Don’t Have Generic Insulin 0
- Economics
- March 18, 2019
“Why is Narcan free to a dope addict but my insulin is $750 a month?” asks an online meme that has since gone viral. “Humalog cost $21 a vial in 1996 and now that same insulin is $375” claims another meme designed to call for price regulations. While these statements do have some truth behind
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‘Immediate Harm to Millions’: AFL-CIO Tears Apart Green New Deal 0
- Economics
- March 13, 2019
The largest organization of labor unions in the U.S. slammed the Green New Deal for combating climate change by threatening the livelihoods of millions of Americans. The AFL-CIO sent a letter on Friday to Democratic New York Rep. Alexandria Ocasio-Cortez and Democratic Massachusetts Sen. Ed Markey, the two lawmakers leading the Green New Deal push in Congress.
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