Independent Institute Senior Fellow John C. Goodman, author of "Priceless: Curing the Healthcare Crisis" describes how the Affordable Care Act, or Obamacare, with its 27,000 pages of rules and regulations, has omitted some basic market-based concepts that would benefit all consumers. Goodman outlines the changes that would make such a healthcare system function, utilizing his extensive knowledge of the subject. Goodman is known as the "Father of Health Savings Accounts" whose suggestions for healthcare reform have been heard around the country. In this video, he highlights what is wrong with Obamacare, and offers his bold ideas on sensible healthcare reform.
Research Fellow William J. Watkins, Jr. appeared on XMSatellite radios Innovation Navigation show to talk about his new book Patent Trolls: Predatory Litigation and the Smothering of Innovation. The cost of patent trolls is staggering, both in terms of lost work and in court costs and attorney fees. The outmoded patent system in the US is discussed, including proposals for reforming the patent system.
Senior Fellow Randy T. Simmons, co-editor of Aquanomics, looks at the battles over water in the western United States. Thirsty citizens of growing cities, farmers, factories and environmentalists are in a fight for a natural resource that is priced arbitrarily. Its value is determined not by the free market, but by bureaucrats. Outdated government reclamation projects and water policies have put residents of the Golden State at the mercy of the weather, and of government's mandatory regulations.