Charitable institutions and voluntary donations from donors are an important part of the market-based health system. Despite the lack of a centralized structure, more and more institutions of this type are emerging with economic development. This also contributes positively to the development of appropriate ethical attitudes in society and shows that there is a real market alternative to formalized and…
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Egypt’s bread subsidies may bring millions to the brink of starvation
In Egypt, the recent announcement that bread prices, long subsidized for much of the population, would likely have to rise was met with cries of despair. Indeed, over two-thirds of the population of Egypt depend on inexpensive bread for daily sustenance.
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Those who fear disease most are most likely to prefer authoritarian regimes
Covid-19 has unleashed a pandemic of restrictive measures on the population. Lockdowns and mask mandates are becoming widespread. Libertarians have been vociferously denouncing covid-19 containment strategies as draconian. Evolutionary psychologists, however, argue that reactions in favor of government restrictions are the norm in environments where the public fears contamination. According to the parasitic stress theory popularized by Randy Thornhill and Corey Fincher, societies with a high…
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How the lockdowns will drive up healthcare costs
The Covid-19 lockdowns have done untold amounts of economic damage, most of which has yet to reveal itself. Permanent unemployment for millions, countless bankruptcies, rent defaults and much more will jar the economy for the foreseeable future.
