Health Saving Accounts (HSAs) are an effective and proven method of reducing healthcare prices for everyone, not just those with HSAs. When patients are motivated to compare prices, prices for everyone decline significantly. While HSAs are effective in making health care more affordable, they should be expanded and allowed with any healthcare plan.
San Francisco supervisors thought they had designed a wealth tax that would hit only those benefiting from the initial public offerings (IPOs) of highly successful San Francisco technology businesses, such as Uber, Pinterest, and Airbnb, among others. Tech companies often compensate employees partially with stock, whose values can rise enormously in an IPO.
‘Hegel remarks somewhere that all great world-historic facts and personages appear, so to speak, twice,” Karl Marx wrote in a justly famous passage from his essay “The Eighteenth Brumaire of Louis Napoleon.” “He forgot to add: the first time as tragedy, the second time as farce.”
In a move with national implications, the California legislature halted a bill to force local governments to increase housing density. Think multiple homes on single lots and apartment buildings near transit centers.
by Lilia Maliar, John B. Taylorvia The National Bureau Of Economic Research
Tuesday, July 30, 2019
During the recent economic crisis, when nominal interest rates were at their effective lower bounds, central banks used forward guidance announcements about future policy rates to conduct their monetary policy. Many policymakers believe that forward guidance will remain in use after the end of the crisis; however, there is uncertainty about its effectiveness.
According to the International Monetary Fund, per capita gross domestic product (GDP) in purchasing power parity (PPP) in the United States in 2017 was $59,495. In Mexico, it was $19,480, 32.7% of that in the U.S.
“We don’t like living without electricity and water,” she went on. “We know we are not a rich country. But it is the United States that has put sanctions on us and has deprived us of these things. What did we ever do to the United States?” Paris wasn’t the only person I’d spoken with who blamed the U.S. sanctions for North Korea’s lack of electricity.
Hoover Institution fellow John Yoo discusses the nomination of Rep. John Ratcliffe to replace outgoing DNI Dan Coats. Yoo also questions the need for the National Intelligence Agency since we have so many other agencies working on national intelligence and security.
On July 27, 1789, the Department of State became the first US government executive branch department to be established. Hoover Institution fellows George Shultz, Condoleezza Rice, Niall Ferguson, and Henry Kissinger celebrate the 230th anniversary of the State Department.
The Federal Reserve’s unique structure helps preserve monetary policy independence, according to a new academic study that comes at a time of heightened tensions between the White House and the central bank.
Many teachers think out-of-school suspensions are racially biased and can be harmful to students—but many still claim they have a role in controlling student behavior, with about half of teachers saying that schools should suspend students more often, a new study finds.