All the watchmaker needs is a mechanism to count the back-and-forth oscillations—and counting is one of the simple tasks that binary logic gates can perform. In the digital watch a logic gate called a...
Broker or banker who invests other people’s money can count his own salary as capital gains and thus pay tax on it at the reduced, capital gains rate.
The Universal Laws of Health Care Systems:1. No matter how good the health care in a particular country, people will complain about it2. No matter how much money is spent on health care, the doctors a...
Recently, there has been considerable public concern about the fact that 47% of Americans pay no income tax; the presidential candidate Mitt Romney opined that these are people who are dependent upon...
We’ve wasted our shining medical assets because of a health care payment system—or, more precisely, a crazy quilt of several overlapping and often conflicting systems—that prevents millions from recei...
One reason (though not the main one) is that American health care providers—doctors, nurses, hospitals, drug companies—make more money for what they do than their counterparts overseas do.
Switzerland, and the Netherlands, any resident can choose any insurance plan on the market—and change to a new plan on short notice. That’s a wider choice of health insurance than any American has.
When Americans fill a prescription, the price is routinely twice as much—sometimes ten times as much—as a Briton or a German would pay for precisely the same pills made in the same factory.