Can Money Buy Your Happiness

From WSJ.

Feldstein on Obamacare

Obamacare's fatal flaw.

The Road to a New Medical Order

From John Mauldin.

Jeff Miron on Healthcare

I agree mostly with his proposals.

Medicare Records Reveal Troubling Trail of Surgeries .

A case that helps explain why our health care cost is so high.

The Economics of Early Childhood Education

On Friday, my colleague, my students, and I attended the Minnesota Economic Association Annual Conference at St. Paul. One speaker, Art Rolnick, who is the co-director of the Human Capital Research Collaborative at University of Minnesota, made an excellent speech on economics of early childhood education. Here I found two related works by Art:

Early Childhood Development: Economic Development with a High Public Return
Early Childhood Development on a Large Scale

Remind me of this beautiful song: The greatest love of all by Whitney Houston.

Mankiw Does Not Like a Soda Tax

Can a Soda Tax Save Us From Ourselves by Greg Mankiw from NYT.

I think that Mankiw is very wrong on this issue. He said the following as an undesirable path after imposing soda tax: "... Taxing soda may encourage better nutrition and benefit our future selves. But so could taxing candy, ice cream and fried foods. Subsidizing broccoli, gym memberships and dental floss comes next. Taxing mindless television shows and subsidizing serious literature cannot be far behind..." These are exactly the policies I think we should do.

Health Care Systems in Other Countries

PBS made a great program about helath care systems in UK, Japan, Taiwan, Germany and Switzerland.