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economics

Next steps to free market health care

A practical approach to progess

 

By Dr. Larry Fedewa (September 24, 2019)

One of Washington’s most respected experts on legislative advocacy, Dr. David Rehr, now a  Gorge Mason University professor, has recommended that we present a list of separable items in an integrated proposal to reform health care. The strategy is that we should be able  to get bipartisan support for some of our ideas and thus build a foundation for the larger reform. This is a sort of step-by-step approach to implementation.

Toward that end, we need to fill in some of the blanks in my overview (see www.DrLarryOnline.com) with numbers and data. So, the authors of the heavily researched book, Health Care is Killing Us: The Power of Disruptive Innovation to Create a System that Cares More and Costs Less (2019) (see Amazon Books), Drs. W. Terry Howell and Aaron Fausz, have volunteered to undertake this task.

“The Dr. Larry Show” on this Wednesday, October 2, 2019 at 7 pm, will feature their report on the following draft propositions (in increasing order of controversy):  Keep Reading

What a Free Market Health Care System Might Look Like

By Dr. Larry Fedewa (August 10, 2019)

 

This week’s column is an edited reprint of a piece I wrote a couple of years ago when the backlash against “Obamacare” first inspired Republicans to talk about “repeal and replace”. Since they are still talking and since the Dems are now also talking about health care alternatives – especially a federal takeover of all health care – the topic remains open for new ideas. I have approached this subject from the perspective of a clean sheet of paper. Why try to build a system on the bones of a failed system, a system no one likes? Why not instead build a new system on a foundation of goals which everyone accepts and agrees with? This is  my answer to that question.

The starting point for a discussion of a national health care system should be setting our goals. I believe that American health care should be:

  1. High quality and state-of-the-art
  2. Available to all
  3. Affordable
  4. Abundant
  5. Well-funded

What are the principal obstacles to these goals? Keep Reading

The Age of Monochromatic Late-Night Humor [Reprinted from “PJ Media. March 25,2019”]

Comedian Jay Leno performs a standup routine at the RP Funding Center in Lakeland Fla. on Jan. 5, 2019. (AP Photo/Reinhold Matay

Late-night comedy has become the sound of left-hand clapping.

Steve Allen, Johnny Carson, and Jay Leno kept you awake by making you laugh. The tiresome political antics of today’s late-night dilettantes make you wish you’d gone to bed early.

It’s not a question so much of left or right as it is of having a bunch of one-track-minds. The punchline is always the same: Orange Man Bad, Orange Man Evil, Orange Man Crazy. Every night, all the time. As predictable as Pravda during the Brezhnev years — and just as amusing.

Jay Leno — who is funny — commented on badgering in the guise of “comedy” this month during an interview with Al Roker of NBC’s Today show.

“It’s different,” Leno said. “I don’t miss it. You know, everything now is, if people don’t like your politics, they — everyone has to know your politics.” Perhaps because today’s late-night hosts insist you know their politics.

Keep Reading

Workers’ rights in the 21st century: Unions and Conscious Capitalism

Do unions still have a place at the table?     

 

by Dr. Larry Fedewa (May 12, 2019)

“Conscious Capitalism” promotes the most expansive view of workers’ rights ever to be advocated by corporate management  in the history of capitalism. At last, workers are accorded the respect due to major stakeholders in the organization, whether a corporate giant or an entrepreneurial start-up. Almost always this means sharing in the profits of the company if not outright  stock ownership.

This view of the business flows from an idealistic definition of the enterprise which includes, among other things, the function of profits as a necessary means to a greater good. The greater good is the mission of the firm as providing a community service through the sale of its goods or services. Conscious Capitalism challenges everyone in the organization to contribute to  the fulfillment of this mission and provides the resources to do so.

Conscious Capitalists also tend to be anti-union. Keep Reading

Me and Joe

How will Mr. Biden rebuild the middle class?

 

 

By Dr. Larry Fedewa (April 30, 2019)

As our regular listeners and readers know, I have been talking about the “wealth gap” between the 1% of Americans — who control as much as 80% of America’s wealth —  and the rest of us for the past several weeks. In a consumer-dominated economy (68% of GDP), the major consumers are the middle class. If the buying power of the middle Americans continues to be eaten away by inflation, the economy will begin to contract, and recession becomes more likely and more severe than anything seen in America since the Great Depression of the 1930’s. So, my conclusion is that something has to be done to increase the wealth of the middle class.

I’m pleased to note that former Vice President Joe Biden has taken this issue as his campaign theme! He has not yet told us how he intends to rebuild the middle class. We shall have to see about that. Keep Reading