Andrew G. Biggs | National Review
More modest fixes to Social Security in the past would have brought the program to solvency. Now extreme, uncomfortable action is a virtual certainty.
In a new AEI Economic Perspectives report, James C. Capretta and David N. Bernstein envision how policymakers can translate "bipartisan support for transparent health care prices into savings for patients and taxpayers." Capretta and Bernstein argue that recent federal price transparency rules need further reform to support consumer choice in the health care market. They outline a number of possible reforms, including universal access to posted prices and standardizing bundles of health care services. "Patients can become the driving force behind less expensive medical care," the coauthors conclude, "if the market is structured to allow them to easily identify low-cost and high-quality care based on credible pricing and outcome data."
James Pethokoukis | Faster, Please!
In America today, we have informal labor cartels for the college-educated elite, while private sector unions for the working class are all but annihilated
BY MICHAEL LIND