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How the free-lunch fallacy is hurting our government, health care and retirement

One of the biggest problems our country has is the growing idea that there really is such a thing as a free lunch: that we can get magic money to pay for things we don’t want to pay for out of our own pockets. I think the free-lunch fallacy helps explain ... read more
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What the Election and a Trump Presidency Mean for Early Retirement

and whether we need to re-evaluate any of our plans accordingly. Though a lot of things won’t be clear for months, let’s take a look at what we currently know about Trump and early retirement, from health care to taxes and beyond. Starting with the ... read more

Health Care Abroad: France

That’s a severe indictment of our health ... the French health care system, doctors are private, but patients are enrolled in national health insurance. Is it sort of like Medicare for all? A. Very much so. It’s not government run but government ... read more

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No one wants to pay for health care

That is the topic of my latest Bloomberg column. It does not focus on single payer, but that is the part I will pass along to you: Another way to manage health-care subsidies would be a single-payer system, and some commentators suggest that is where the ... read more

With Obamacare, paying for the right to be uninsured

When considering these realities, along with the realities of government incompetency and corruption involved with the Veterans Affairs hospital in Aurora, those who advocate a single-payer health care system ... form or check out our guidelines for ... read more

House kicks off debate over health-care repeal

The House meets Tuesday for its first day of debate on a measure that would repeal the national health care overhaul, following a week during which legislative action came to a standstill following the Tucson shooting tragedy. Debate on the health care ... read more

EXCLUSIVE: Obamacare Shares Blame for Macy’s, Other Retailers’ & American Malls’ Declines

(Government spending data for narrower categories isn’t available for 2016 yet.) . . . Outside of health care, there are a few other services that we’re spending lots more on than we used to. . . . Economist Angus Deaton has been making headlines ... read more

Gambling With Health Care

Is the economic collapse creating a health care calamity? It appears that your computer does not have the Flash Player required to view NOW videos. Visit Adobe to download and install the latest version of the Flash Player. Losing your job is a blow not ... read more

Four Reasons Why the Government Is Destroying the Dollar

There is no free lunch, however. While the US government is insisting to the world-at-large ... to avert formal US bankruptcy when it comes to paying the enormous retirement and health care obligations that are coming due over the next ten, twenty and ... read more

How the free-lunch fallacy is hurting our government, health care and retirement

I think the free-lunch fallacy helps explain why three of our nation’s biggest problems seem so intractable: having a rational health-care system ... s, retirement seemed a sure thing. Accounts grew and grew. Both corporate and government pension ... read more


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