Firstly, Happy Mother’s Day to all mothers reading this post.
Michael F. Cannon, May 7, 2025, Kato of Liberty,
excerpt:
These predictions reveal the troublesome and dangerous aspects of Medicaid. If the CBO’s assumptions are reasonable, they further suggest — and I hope that Medicaid observers will age — if Congress removes all federal Medicaid funds, the state will respond by tens of millions of enrollees from the program. Again, the reason is the same. State and voters value states and voters registering those people when they need to provide only 23% to 50% of their spending, but not when states have to raise high taxes to provide 100% of their spending.
This should terrify those who care about providing health care to vulnerable patients. Rather than making healthcare and health insurance more affordable and safe for low-income households, Medicaid relies on tens of millions of people on government subsidies, political support and courses.
and:
My colleagues Krit Chang Won, Dominique Lett, and I have written elsewhere:
Congress should combine federal Medicaid, tip, and Obamacare funds distributed by the federal government to states into a single block grant. The amount that the condition revalues will not rise or fall from the state’s actions. Therefore, block grants terminate fraud that contributed to useless and fraudulent Medicaid spending.
Block grants can provide savings at the level of council desire. Congress should propose total federal Medicaid, tip and Obamacare funding in 2026 at the level proposed by the Republican Research Committee. The state receives a total of $342 billion each year. The Hous Republans budget resolution will reduce Federalid Medicaid spending growth from 4.5 to three paying, but the proposal will actually reduce federal spending to less than $5.6 trillion over CBE (i.e., deficits excluding interest payments) by 61 at the next redade. It will eliminate major deficits by 2035. But even with Signan cuts, Congress will need to take additional steps to balance the federal budget.
This is one of Michael Cannon’s best artworks these days.
David Friedman, David Friedman alternative, May 6, 2025.
excerpt:
I will start with an annual pension from around 30 years in August, when I was a member of the University of Chicago Law School. One summer I told my renowned colleague Richard Posner that I hadn’t paid for the summer parking space at school to promise to ride my bike to work. Postner replied that he thought I believed in individual rationality. If riding a bike was the right decision, I should have to fool myself to make it.
I respond that rationality is an assumption I made about others. I was well aware of the context in which I didn’t take any interest in and take action in the long run and didn’t use commitment strategies to fix the errors I made. I didn’t know anyone else. The stranger’s public is sufficient to use what actions I have used to predict and understand economics and to improve the initial approximation provided by the assumption of assessment.
May 7, 2025 by Liya Palagashvili and Ravena Sharfuddin of Mercatus Center.
excerpt:
Unions are often evaluated through wage insurance premiums they secure at the negotiation table. Our study shows that US unions have historically secured short-term wage benefits, but these victories prevent slower employment growth, lower future employment opportunities, lower investment and productivity, and lower company growth and survival. However, downstream unemployment and corporate decline can be tragic to a statutory monopoly structure that amplifies aggressive negotiation tactics and blocks alternative channels for cooperation rather than collective voices. These trade-offs arise because unions are independently “aggressive,” but US labor laws from scholars promote constructive expression and legally protected union monopoly that flocks workers’ voices. Based on 147 studies, when monopoly faces provide a seemingly “big win” at the negotiation table, we find that companies respond to wage pressures by trimming R&D, reducing capital, reducing company growth, and ultimately reducing employment in unionized world dynamics, which shows a decline of about 55%, as they understand the majority of employment expansion during the employment expansion phase that permeated the 1950s. Voluntary unions, and flexible totals. The advantages of the high-cost worker voice associated with the shortcomings of Monopoi. The ASEE findings do not show a relationship between increased union welfare and increased workers’ welfare. It is a structure of representation, not a collective voice witness, and the union decides whether to help or harm worker personnel. Policy reforms that have eased the monopoly privileges of US labor unions and found pluralistic forms of workers’ voices and moderate demands can help maintain the benefits of collective bargaining while reducing unintended costs.
Michael Bindas and Erica Smith Ewing, Reason, May 8, 2025.
excerpt:
Forget Apples – How about making educators the ultimate use this Teacher Appreciation Week: Freedom. Florida did this in its 2024 law, relaxing microschool zoning and land intake restrictions, opening the door for educational innovation, making alternative learning models more likely to become flora outside of traditional systems.
After the passage of House Bill 1285, veteran educator Alison Linni repurposed it in an open day care center in the middle of the government housing project in Sarasota, Florida, and opened it at a micro school. A microschool generally refers to primary, middle and high school programs by designing an average of only 16 students each.
and:
Focusing on Inserterad installation, teachers who attack themselves must navigate bureaucratic red tape, pass on on-site inspections, and meet the demand for unnecessary building and fire safety upgrades. At subpoints, the burden of regulation becomes unbearable and teachers can experiment themselves with the same system.
These code compliance rules kick as soon as K-12 enterprises grow beyond their Cerelin points. The Wisconsin threshold is “instrument programs provided to multiple family units.” North Carolina has a threshold of two or more families. Imagine this small group needs a lockdown drill and a $97,000 fire sprinkler.
Our organization, the Judicial Institute, saw this abuse firsthand when a former firefighter in Cobb County, Georgia, tried to close St. John, Baptist Hybrid School.
Eric Baum, Reason, May 9, 2025.
excerpt:
The White House considers a new trade deal with the UK “great for America.”
But is that a lot to America? The details of the transaction seem to suggest otherwise.
The agreement maintains the 10 universal tariffs that President Donald Trump has hampered almost all imports into the United States. But even the president has admitted it is not a cut, but a hike for American consumers.
The key to comparing is the average tariff rate on imports from the UK before Trump took office. In 2023, the most recent year when full data is available, the average US tariff on UK goods was 3.3%.
This “transaction” means charging US consumers with a 10-person showdown baseline tax on goods previously taxed at 3.3%. It’s not a win at free trade or low prices.
