Posts Tagged ‘moral hazard’

The Dilemma of “Too Big to Fail” Bank Bailouts


Saturday July 16th, 2011   •   Posted by David Theroux at 2:44pm PDT   •   0 Comments

In his article in the Summer 2011 issue of The Independent Review, “The Dilemma of Bailouts,” economist Roy C. Smith (New York University) examines why despite its prohibition of taxpayer-funded bailouts, the Dodd-Frank Act has left the financial system exposed to meltdowns and promotes the shifting of risk from large “systemically important” financial firms…
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Obama’s Mediscare, ObamaCare, and the Need for Private-Market Health Care


Sunday May 29th, 2011   •   Posted by David Theroux at 6:33pm PDT   •   0 Comments

In “Mediscare: The Surprising Truth,” Thomas Savings and John Goodman discuss in the Wall Street Journal the scare-mongering campaign by the Obama administration regarding ObamaCare and Medicare, and then provide positive reform directions based on creating tax-free, private, health care accounts providing choice: The Obama administration has repeatedly claimed that the health-reform bill it…
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