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The Goodman Institute Health Blog

Category: Experts

What Bernie Sanders Gets Wrong About Wages

Posted on May 15, 2023 by John C. Goodman

“In the year 2023, in the richest country in the history of the world, nobody should be forced to work for starvation wages…   If you work 40, 50 hours a week, you should not be living in poverty. It is time to raise the minimum wage to a living wage.” Bernie Sanders,  May 4, 2023

This is Sanders’ argument for raising the minimum wage from its current level of $7.25 an hour to $17.00. But the whole premise is wrong. Virtually no one today is earning the minimum wage. Even if they did, they wouldn’t be poor. And that’s been true for some time.

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Wednesday Links

Posted on April 5, 2023 by John C. Goodman
  • Biden Adm: 15 million people are at risk of losing Medicaid coverage, now that the public health emergency is ending. Five states have already started the removal process.
  • Does the FDA do more harm than good? Peltzman revisited.
  • Poll: Medicare eligible population likes the idea of more free stuff.
  • David R. Henderson, reviews Deborah Birx’s new book.
  • ChatGPT fails a sophomore economics exam.
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Thursday Links

Posted on March 30, 2023 by John C. Goodman
  • Rep. Earl L. “Buddy” Carter (R-GA) leads a bipartisan group of House members who want to bring drug production onshore.
  • Warren piles on — attacking MA plans. Private insurers have a “long history of exploiting the government out of billions of dollars,” she says.
  • Against the “AI pause.”
  • Yglesias: The problem with the media is the audience.
  • Does Medicaid expansion reduce employment?
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Feds Are Cracking Down on Sham Consulting, Bogus Speaking Fees and other Physician Kickbacks

Posted on March 29, 2023 by Devon Herrick

Federal antikickback laws are meant to prevent suppliers from rewarding doctors who use their products if those physicians participate in Medicare, Medicaid or other federal programs (this is also why seniors cannot use copay cards for Medicare Part D drugs).

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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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