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...fund it, Democrats use taxes and accounting gimmicks. Not only could the new revenue sources have instead been used to fund better ends like healthcare vouchers or lowering the deficit, but they are also unrelated to the systemic causes of high health care costs (like moral hazard caused by the incentives of the current fee-for-service system and the lack of preventive care). The idea that the alleged deficit reduction comes from bending the cost curve in any meaningful way is breathtakingly disingenuous...

Author: By Colin J. Motley and Caleb L. Weatherl | Title: Change We Shouldn’t Believe In | 3/23/2010 | See Source »

...Moral of the story, fellow Harvard undergraduates: your simplicity and inexperience can actually be to your advantage. Secondary lesson: write a thesis...

Author: By Agnes K. Sibilski, CONTRIBUTING WRITER | Title: Recent Grad's Thesis Wows Michael Lewis | 3/20/2010 | See Source »

...both parties brace for the House's deciding vote on health reform, they are framing the issue in starkly different ways. To Democrats, it's one last chance to make the moral argument in favor of reform, political repercussions be damned. "We need courage," said President Obama at a speech in Ohio on Monday. To Republicans, it's all about politics, specifically the possibility that House Democrats will employ a relatively rare procedural maneuver to ram through legislation they can't pass by conventional means, and in the process better position vulnerable members for fall re-election battles. These legislative...

Author: /time Magazine | Title: Who's Winning the Message War on Health Care? | 3/17/2010 | See Source »

...didn't help that in 2008 Mosley was set up and photographed during a pay-for-pain session with several prostitutes. The pictures were duly splashed across a British tabloid. Mosley sued for invasion of privacy and won, but his moral authority was crippled. "We were within a whisker of reaching a spending agreement in 2008 when Max took the hit," says Adam Parr, who heads the venerable Williams F1 team. "After that, we never managed to get the last piece of the puzzle in place...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...What a wretched state it was, with Koreans trying to swallow each other up," he writes in "Booze," venting authorial indignation, as he often does, in the guise of one of his characters. In this case, it's through the thoughts of an upright clerk who slowly loses his moral compass while jockeying for control of a distillery, and the tenancy of its grand courtyard home, after the Japanese owner flees following liberation. The titular confidence man of "The Toad" is less sympathetic a creature. A perfectly satanic villain - a man of wealth and taste with oiled hair, a serge...

Author: /time Magazine | Title: Checkered Korea | 3/15/2010 | See Source »

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