‘Insurance coverage is what makes US well being care costs so excessive’
David Goldhill at The Washington Submit
“Attempting to pressure the sq. peg of insurance coverage into the spherical gap of well being care wants has created a very inefficient enterprise,” says David Goldhill. Our medical insurance mannequin “was designed to pay for emergencies,” however the CDC estimates “90% of America’s well being care expenditure goes towards persistent and psychological well being circumstances.” It’s “now not an surprising want — an insurable threat,” he provides. “It has was one in all our largest anticipated wants,” and “anticipated wants aren’t insurable.”
Learn extra
Subscribe to The Week
Escape your echo chamber. Get the information behind the information, plus evaluation from a number of views.
SUBSCRIBE & SAVE
Join The Week’s Free Newsletters
From our morning information briefing to a weekly Good Information E-newsletter, get the very best of The Week delivered on to your inbox.
From our morning information briefing to a weekly Good Information E-newsletter, get the very best of The Week delivered on to your inbox.
‘Tariffs and tariff will increase are with us now and will likely be for the foreseeable future’
Jerry Haar at The Hill
Commerce coverage is “conceived, deliberate and carried out by economists, attorneys and bureaucrats who’re far faraway from the actual world of business transactions,” says Jerry Haar. “As such, they’re fairly often oblivious to the impacts of commerce coverage on producers and shoppers.” However whereas “tariff will increase are right here to remain” and “exporters, importers, producers and shoppers will all be negatively affected,” there’s a “silver lining:” tariff will increase “will pressure corporations to evaluate (and reassess) their effectivity and productiveness.”
Learn extra
‘Now is perhaps the time to retire our worst fears in regards to the know-how’
Christopher Beha at The New York Occasions
“Proponents declare that synthetic intelligence will eradicate acts of psychological drudgery,” says Christopher Beha, whereas “detractors fear not simply that it’ll eradicate well-paying data sector jobs and improve inequality but additionally that it’ll successfully steal the human soul.” However “the obsolescence of human tradition will virtually definitely not come to move.” The foundation of this fear is “not an overestimation of know-how however a radical underestimation of humanity” and the “transformative energy of human genius.”
Learn extra
‘Promoting off a few of the authorities’s holdings would ease fiscal stress’
Thomas Sowell at The Wall Road Journal
“The incoming Trump administration will confront some enormous monetary challenges,” says Thomas Sowell, requiring “enormous quantities” of presidency spending. “The place will the federal government get this cash?” Maybe from promoting off the “huge” quantity of government-owned land, valued at $1.8 trillion by the Commerce Division. “The federal authorities owns slightly greater than one-fourth of the full land space of america,” Sowell says. “The time is lengthy overdue to think about whether or not that’s the finest financial association.”
Learn extra