Friday, June 26, 2009

Obama's Health Future - WSJ.com

"'Look, the first thing for all of us to understand that is we actually have some -- some choices to make about how we want to deal with our own end-of-life care,' Mr. Obama replied. After discussing ways 'we as a culture and as a society [can start] to make better decisions within our own families and for ourselves,' he continued that in general 'at least we can let doctors know and your mom know that, you know what? Maybe this isn't going to help. Maybe you're better off not having the surgery, but taking the painkiller.'"

President Obama is certainly correct that choices have to be made about medical care. The key question is, "who's going to make those choices, and what will the options be?" Will private individuals be allowed to choose between private medical service providers who have to compete with each other for customers? Or, will we have a system in which someone in government decides which services will be provided, and for whom, and in which providers are essentially working for the government, rather than for the individual patient? How these questions are answered will significantly affect how much incentive providers have to provide patients with the care they want.

The Climate Change Climate Change - Kim Strassel - WSJ.com

"The number of skeptics, far from shrinking, is swelling. Oklahoma Sen. Jim Inhofe now counts more than 700 scientists who disagree with the U.N. -- 13 times the number who authored the U.N.'s 2007 climate summary for policymakers. Joanne Simpson, the world's first woman to receive a Ph.D. in meteorology, expressed relief upon her retirement last year that she was finally free to speak 'frankly' of her nonbelief. Dr. Kiminori Itoh, a Japanese environmental physical chemist who contributed to a U.N. climate report, dubs man-made warming 'the worst scientific scandal in history.' Norway's Ivar Giaever, Nobel Prize winner for physics, decries it as the 'new religion.' A group of 54 noted physicists, led by Princeton's Will Happer, is demanding the American Physical Society revise its position that the science is settled."

Wednesday, June 24, 2009

This Boomer Isn't Going to Apologize - Stephen Moore - WSJ.com

"How bad can the legacy of the baby boomers really be? Let's see: We're the generation that spawned Microsoft, Intel, Apple, Google, ATMs and Gatorade. We defeated the evils of communism and delivered the world from the brink of global thermonuclear war. Now youngsters are telling pollsters that they think socialism may be better than capitalism after all. Do they expect us to apologize for winning the Cold War next?"

Tuesday, June 23, 2009

Another "Good Thing" - Thomas Sowell

"No reason is given why one of these numbers is better than another. Apparently the implicit assumption is that education is a 'good thing' that it is always better to have more of. But, if that is the case, why 55 percent rather than 75 percent, 95 percent or 100 percent?

Even food is not a 'good thing' categorically, without limit. We can't live without it but, beyond some point, it causes obesity and shortens our lives."

Tuesday, June 16, 2009

The Difference It Doesn't Make - Thomas Sowell

"Making a difference makes sense only if you are convinced that you have mastered the subject at hand to the point where any difference you might make would be for the better. Very few people have mastered anything that well beyond their own limited circle of knowledge."

Saturday, June 6, 2009

From Marxism to the Market - Thomas Sowell

Thomas Sowell was at one time a committed Marxist. Over the past 40 years his views have changed dramatically. What caused the change? In this article he explains why he went from being a Marxist to being an aggressive proponent of free market capitalism.

Friday, June 5, 2009

Milton Friedman's Legacy - WSJ video

Cafe Hayek: Keynes on Inflation

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." J.M. Keynes

Tuesday, June 2, 2009

Obama: Dangerous When Any Country Thinks It Can "Impose" Values


The Justice Department's Antitrust Bomb - WSJ.com

"As if commandeering the banking, finance and auto industries weren't enough, a couple of weeks ago the Obama administration decided to throw a bomb at modern antitrust law."