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Why Rich People Hate Taxes — Hint: It's Not for the Reasons You Think
ByadminI was raised in a family that hates taxes. Not hates taxes as in “Gosh, it’s too bad such a high percentage of my paycheck goes to the government.” More like: “How dare the government steal my hard-earned money and give it to undeserving moochers!” (Is there such a thing as a deserving moocher? Sorry,…
What's a Fair Price for a Medication?
ByadminGreedy pharma execs have been in the news of late. Here is a story on the topic, from Wired. The reporter misquotes me. I never said Apple could make profits selling iPhones for $10. I said that even if they could profit at that price, they’d be crazy to do so if people would…
Watch Out for Snack Food
ByadminPeople are correctly paying a great deal of attention to just how many calories it is possible to consume at American restaurants these days. The New York Times, in fact, recently showed just how many calories people typically consume at Chipotle: But as the folks at Vox pointed out in a follow-up post, in focusing…
Obamacare Hasn't Scared Away Insurers
ByadminInteresting picture on the Vox website from Sarah Kliff, showing an increase in the number of health insurance companies planning to compete on the exchanges next year: So much for the rumors that Obamacare will quickly kill the health insurance industry. (Click here to view comments)
Where Your Paycheck Is Going
ByadminIf you are wondering why your hourly wage or your salary aren’t rising as quickly as you like, or why your bank account at the end of the year hasn’t grown as much as you intended, don’t forget to take into account just how much more you are probably paying out-of-pocket for the medical care…

