Phil Gramm and Mike Solon in the WSJ:
the idea that rich capitalists own corporate America is largely a progressive myth. Some 72% of the value of publicly traded companies in America is owned by pensions, 401(k)s, individual retirement accounts, charitable organizations, and insurance companies funding life insurance policies and annuities. The overwhelming majority of involuntary sharers in stakeholder capitalism will be workers and retirees.
Brian Blase gives 14 reason to do so.
Americans consume more calories than ever. Today we eat nearly about 23% more calories than we did 50 years ago. Sixty-nine percent of American adults are overweight, while nearly 37% are obese. About 12% of preschool-age children are obese and 17% of kids ages 2 to 19 years old are obese. Obesity has a negative impact on Americans’ health. There are more than 60 chronic diseases linked to obesity.
Why are telehealth company stock prices in a nose dive?
An aspirin a day may hurt more than help.
The tax exclusion for employer provided health insurance is worth $352 billion and it allows employers to control $1.3 trillion of worker earnings spent on health insurance. Cato says we should end the exclusion and give the workers the money directly.