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 The Biggest Emerging Market Debt Problem Is in America Carmen Reinhart thinks conditions are ripe for a global crisis stemming from high issuance of corporate collateralized loan obligations. Health Insurance by Scott W. Atlas, Michael J. Boskin, Tom Church, John H. Cochrane , John F. Cogan, Daniel Heil, Daniel P. Kessler, John B. Taylor via PolicyEd Health insurance helps many Americans purchase health care. So why is it so expensive, and how can we make it more affordable? Transformational Health Care Reform by Scott W. Atlas via PolicyEd The American health care system is on an unsustainable path characterized by government-dominated insurance. Fixing health care begins with changing the incentives and empowering consumers to seek value with their money, while increasing competition among providers. Liberalized HSAs, insurance with lower premiums and fewer mandates, and more options for Medicare and Medicaid enrollees will improve access, choice, and quality of health care. The Center for Medicare and Medicaid Innovation has too much power
Joseph Antos and James C. Capretta | RealClearPolicy The Center for Medicare and Medicaid Innovation’s authority is so broad that little is beyond its potential reach. Our Exhausted American Mediocracy by Victor Davis Hanson via American Greatness The unlikely 2016 election of Donald Trump—the first president without either prior political or military office—was a repudiation of the American “aristocracy.” By “rule of the best” I mean the ancien régime was no longer understood to suggest wealth and birth (alone), but instead envisioned itself as a supposed national meritocracy of those with proper degrees, and long service in the top hierarchies of government, media, blue-chip law firms, Wall Street, high tech, and academia. The Burden Of Public Pension Promises On State And Local Budgets by Joshua D. Rauh, Daniel Bergstresser via EconoFact Unfunded pension liabilities represent a significant challenge to the finances of many state and local governments. While no analysts dispute the general statement that pensions are underfunded in aggregate, there has been some discussion about how to estimate the magnitude of the gap.  Part I: Will left-wing anti-Zionists and anti-Semites in America succeed in hollowing out the traditional liberal left in the United States, as they have in Britain and France?
Part II: Michael Walzer's critique of Leftist "inwardness" and the ways in which Bernie Sanders has succeeded in setting a different course. Part III: How the late Richard Rorty foresaw the Trumpian moment and how he also envisioned a way out of it. James Bloodworth: The dueling visions of Jeremy Corbyn and Bernie Sanders Alexander Zubatov: Just because anti-Semities talk about 'cultural Marxism' doesn't mean it isn't real Cathy Young: The current revival of Communist-inspired politics and where it could lead Tim Shenk: Is there anyone who still believes that America is great because it is good? Aaron Maté: Israel, not Jeremy Corbyn, is the real threat to the Jewish Left Emily Benedek: The charismatic female stars of the new American Left Paul Berman: The last word  Skills for the 21st century
Brent Orrell | AEIdeas There are no simple either-or propositions in the labor market future. Educators at all levels should focus on teaching certain noncognitive skills while continuing to foster narrower, in-demand technical skills that are connected to immediate employment opportunities.  The ‘Tax the Rich’ Delusion of the Democratic Left
Brian Riedl, Daily Beast The Democrats’ incoming House majority—and its Senate caucus of presidential wannabes—are about to face fiscal reality. When confronted with how to pay for their extraordinarily expensive policy agenda, the answer of liberal lawmakers, analysts, and advocates is nearly always the same: tax the rich. How to close the $12 trillion baseline budget deficit over the next decade (a figure that already assumes the 2017 tax cuts expire)? Tax the rich. Read more here....  The best and worst metros for first-time homebuyers Edward J. Pinto and Tobias Peter | American Enterprise Institute AEI scholars Edward Pinto and Tobias Peter calculate the median home-price-to-income ratio for the 50 largest metropolitan areas. Perspectives On Policy: Lowering The Cost Of Health Care
by Scott W. Atlas via PolicyEd Broad access to quality health care starts with making it less expensive through increased competition and eliminating harmful regulations.  Women Make Much Less Than 80 Cents to Men’s Dollar – Anna North, Vox New Study Twists Statistics – Carrie Lukas, National Review Do meaningless jobs exist in America?
Aparna Mathur | Forbes A recent book claims 40 percent of jobs are meaningless. But a closer look at the data reveals quite a different picture of American job satisfaction. While yes, it is certainly plausible that some people with a job find their work meaningless, it is a far better situation to have to deal with than lack of work and decent incomes.  How the Geography of Startups and Innovation Is Changing
Richard Florida & Ian Hathaway, Harvard Business Review |
HENRY OLSON: POLITICAL DEMOGRAPHY
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