Why do some people choose to buy health insurance and some do not? Conventional wisdom is that the uninsured cannot afford insurance, but is this really true? There has been surprisingly little research on why individuals make the decisions they do. The Census Bureau’s survey of health insurance coverage,...

The launch of the Medicare Part D program to cover prescription drugs for seniors was one of the biggest changes in entitlement spending since the 1960s. What has the impact of this program been on patients and the U.S. health care system? Emerging data on the pharmaceutical industry in particular...

Russian president Dmitri Medvedev's rhetoric may portend a break with the policies of his predecessor, Vladimir Putin, but to prove he means what he says, Medvedev should begin redressing some of the most conspicuous miscarriages of justice that marked the Putin regime.