By the mid-1980s, the tax code allowed depletion or depreciation allowances that cut taxes for cement companies, Christmas tree farms, apple orchards, gravel pits, railroad cars, rubber importers, cat...
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...
When I was traveling the world on my quest, I asked the health ministry of each country how many citizens had declared bankruptcy in the past year because of medical bills. Generally, the officials re...
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...
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.
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.
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