In terms of skills and education, Israel probably has the highest level of human capital per person in the whole world. Yet its per capita output is mediocre in the middle of the developed-country pack. Why is that? Because Israel has been slow to adopt capitalism.
How do I know that? Because Bibi Netanyahu told me that in an interview in Dallas, several years before he became prime minister. Once he became Israels leader, he was been able to do something about it.
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?