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Another Viewpoint

How ‘buy America’ will hurt America’s infrastructure

In the six months since President Biden signed the landmark Bipartisan Infrastructure Law directing a trillion dollars of government investments in transportation systems and high-speed internet access, federal agencies have begun rolling out the rules that will govern thousands of projects. ...

Farewell to easy European money

Earlier this year, sky-high inflation forced the Federal Reserve to slam the monetary policy brakes. The same appears to be happening in Europe, where the European Central Bank (ECB) is being forced to reverse course to contend with inflation at the highest level since the euro’s 1999 ...

How today’s healthcare may look in a century

Note to medical professionals in 2022: You may greatly embarrass your great-grandchildren. From 1999 to 2017, I taught 48 semester-long classes in health economics to master’s and doctoral students. My students were mid-career doctors, nurses and other healthcare professionals. Today, I ...

Bipartisan legislation can finally lower prescription drug prices

Who says bipartisan solutions to high prescription drug prices are impossible? Senators Maria Cantwell, D-Wash., and Chuck Grassley, R-Iowa, recently introduced legislation to rein in the biggest culprit behind high drug costs: pharmacy benefit managers. The bill prohibits some of PBMs’ ...

Hungary’s Viktor Orban, the odd man out

The 27-member European Union has agreed to a partial ban on Russian oil in a move that will affect 75 percent of its imports now and 90 percent by the end of the year. The bloc had originally proposed to impose an immediate and full embargo on all Russian imported oil but had to settle for a ...

Menthol bans – same story, different flavor

The Food and Drug Administration’s recently announced proposal to ban menthol cigarettes is ill advised on multiple fronts. Not only does this proposal make no economic sense but it also fails to recognize a simple fact: People in a free society should be free to choose their poison. The ...