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Greg Mankiw reports that a lady in Britain was prevented from supplementing her state-provided healthcare with private care. Apparently the NHS favours equality over efficiency: Officials said that allowing Mrs. Hirst and others like her to pay for extra drugs to supplement government care would violate the philosophy of the health service by giving richer […]
I realise that a lot of important economic figures were released today, however, I have found an issue more important than any amount of labour market data, the regulation of beer. Now, according to this article, most binge drinkers drink beer. So they think we can reduce binge drinking by taxing beer, and reducing availability […]