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More oil supply

In May of 2007, I wrote Why are gas prices high, and what can we do about it? At the time, the national average price for a gallon of regular unleaded gasoline was $3.22. The national average price is...

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Auto loans: a deadline looms

The Obama Administration is beginning to leak to the press their impending decision on loans to U.S. auto manufacturers. I am writing in parallel to explain how you might think about such a...

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CBO: More taxpayer-financed health insurance coverage won't save money

Last December the Congressional Budget Office published a comprehensive paper that describes how they approach analysis of health insurance reform proposals.  It is a critically important (and somewhat...

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CBO: Health IT and preventive care won't save a lot of money

It looks like my post from yesterday agrees with CBO’s December paper. Maybe I should have read it earlier. Yesterday I wrote, Information must be combined with the incentive to purchase high-value...

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Will the Administration fund CSI: New Haven and Tattoo removal in L.A.?

President Obama may not realize that the people who work for him are required to ignore hundreds (thousands?) of Congressional earmarks. The President has the ability to stop them from doing so. I hope...

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Will the stimulus come too late?

I began this blog at the end of March after the stimulus bill had become law. I had been struck by how much the stimulus debate had focused on whether the bill was efficient. (It clearly was not.)...

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