In this excellent article , Steven Malanga of The Manhattan Institute highlights the exceptional nature of health insurance as compared with other types of insurance. When it comes to health services rendered, our culture sees paying the bills out-of-pocket as the exception, not the norm. As Mr. Malanaga...
This week, the House passed a bill that imposes further regulations on financial firms - on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is "aimed at preventing financial firms from adopting compensation systems...
Posted to
AIP Blog
by
Despina Karras
on 08-02-2009
Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
Unlike our President and many of our representatives in Congress, I've tried to read the 1000+ page health care bill a few times this week. As a lawyer, I'm used to dealing with tedious and confusing legal jargon, yet this monolithic bill is still too hard for me to understand. It proposes drastic...
Posted to
AIP Blog
by
Despina Karras
on 07-22-2009
Filed under: free market, stimulus package, stimulus, universal health care, Heritage Foundation, insurance, economics, federal government, health care benefits, health care tax, "the demands of this moment", health care reform, deadlines
Crack open any financial textbook and you’ll find the objective of every finance department is to “maximize shareholder wealth.” That is their objective, concern, and responsibility. When individual investors buy into a company, they do so under the assumption that management is looking...
Posted to
AIP Blog
by
Grace Boatright
on 07-02-2009
Filed under: capitalism, free market, business concerns, economics