Pay As You Go

Many people, especially Republicans, wonder about the need for health insurance in the first place. Wouldn’t it just make sense to pay as you go, whipping out the credit card for routine doctor visits?

This sounds ridiculous when considering serious illnesses, but it may make sense in any system for small things. When a sty in my eye became infected I realized I had the perfect opportunity to test out “the system,” to the extent there is one, to see how pay-as-you-go might work.

The short version: I got sick and don’t have insurance. We all have our adventures.

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Unions are Our Future

Labor Day is brought to you by those who brought you the weekend – Organized Labor.

When I worked in Germany for a short time in the 1990s, labor relations often came up. Some of my colleagues were envious of the US system while most hated it. All of them, however, had a term for what they understood our core principle to be – “Hire and Fire”. The idea of an “at will” employee with no job security in law and no loyalty by tradition was alien to Germans.

Compared to the nations in the developed world which we compete with, our position is unusual. It’s a bias at the foundation of our system – a natural outcome of the demand for a flexible workforce. This is also likely to change as more and more skill is needed to do the jobs of tomorrow.

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Objectivism

This piece from 2012 is still relevant today.  Sadly, only moreso.  As I work through People’s Economics I have been considering the critical philosophical influences on our world.  This one, I am sure, must be a dead end.  It must be for our survival as a species.

Ayn Rand is one of the most influential authors of American thought in the late twentieth century.  It’s hard to find any college educated person under 40 years old who hasn’t had at least a brush with her works and the philosophy of Objectivism.  This is fascinating given how little serious critical attention has been paid to her work and how largely unknown it is in other nations.  She is the leader of a strong but underground movement, highly cultural and generational.

Rand finally bubbled into parts of the mainstream with the arrival of Paul Ryan, a one-time advocate of her work who advised staffers to read up on their Rand when he was a young congressman.  His later disavowal of Rand’s philosophy smelled like a rat to some, who wanted to make an issue out of it.  Bad move.  Rand and Objectivism do not lend themselves to sound bites or anything remotely simple.  The enticement of this mind candy is strong and deep.  But what is it?

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