Against Mandates, In Favor of Personal Responsibility

image via ImgFlip featuring characters from The Office. If you know my political leanings, it should be no surprise that I generally oppose government mandates or bans. One reason is that they often provoke a backlash. Social psychologist Robert Cialdini’s Psychology of Persuasion details numerous examples where people’s logical thinking switches off in favor of… Continue reading Against Mandates, In Favor of Personal Responsibility

The Economics Behind the Individual Mandate

In regards to the big Supreme Court decision on Romneycare Obamacare, there's been much hand-wringing on how this is a tax on doing nothing. This does seem odd, until you realize that a penalty or tax on one group but not on a second group is economically identical to having no penalty or tax on the first group but a tax credit… Continue reading The Economics Behind the Individual Mandate