Author Profile: Sheldon Richman

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Sheldon Richman is the editor of The Freeman and "In brief." He is a contributor to The Concise Encyclopedia of Economics.
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Raw Milk Sparks Controversy
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Posted in In brief on 16 October 2009
Stats: 19 views and 1 Comment “A national battle is heating up between proponents of drinking raw milk for health benefits and food safety advocates such as the Food and Drug Administration. Drinkers of raw, or unpasteurized, milk say it tastes better, helps with digestive problems and boosts immunity. The FDA warns the milk is ‘inherently dangerous.’ It can be a [...]
Minimum Wage to Shrink in Colorado
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Posted in In brief on 14 October 2009
Stats: 25 views and No Comments “Colorado will become the first state to reduce its minimum wage because of a falling cost of living.” (Associated Press, Wednesday) An inkling that minimum-wage laws have bad consequences. FEE Timely Classic “The Minimum Wage: Good Intentions, Bad Results” by Roger Koopman
Industry Fears Tax on Medical Devices
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Posted in In brief on 14 October 2009
Stats: 32 views and No Comments “As it turns out, the day the Senate Finance Committee voted to approve its health-care reform bill was the same day that about 1,400 workers and executives in the medical-device industry convened in Washington to talk shop. Under the bill approved on Tuesday, the medical-device industry would pay a total of $40 billion over 10 [...]
Dollar Plumbs the Depths
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Posted in In brief on 14 October 2009
Stats: 10 views and No Comments “The U.S. dollar plumbed a 14-month low against the euro on Wednesday, sending gold prices to record highs and pushing up oil for a fifth day to a 2009 high of $75.12 a barrel.” (New York Times, Wednesday) A sign of things to come? FEE Timely Classic “The Future of the Dollar” by Henry Hazlitt
Obama Adviser Defends Economic Record
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Posted in In brief on 13 October 2009
Stats: 24 views and No Comments “The White House’s top economic adviser took aim at Republican criticism of President Obama’s economic recovery policies on Monday, delivering a sharply worded letter to lawmakers that credited the administration with pulling the nation back from an ‘abyss’ and faulted the record of recent GOP presidents on the economy.” (Washington Post, Tuesday) Neat: Proof of [...]
Tax on Health Plans Ignites Controversy
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Posted in In brief on 13 October 2009
Stats: 4 views and No Comments “A proposed tax on high-cost, or ‘Cadillac,’ health insurance plans has touched off a fierce clash between the Senate and the House as they wrestle over how to pay for legislation that would provide health benefits to millions of uninsured Americans. Supporters, including many senators, say that the tax is essential to tamping down medical [...]
Obama Administration Steps Up Regulation
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Posted in In brief on 13 October 2009
Stats: 9 views and No Comments “The Obama administration is taking on Cheerios. And popular cold remedies and swimming pool drains and rhinestones on children’s clothing. With much of Washington focused on efforts to revamp the health-care system and address climate change, a handful of Obama appointees have been quietly exercising their power over the trappings of daily life. They are [...]
Healthcare Bill Looks Cheaper than It Is
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Posted in In brief on 12 October 2009
Stats: 11 views and No Comments “Lawmakers use a 10-year accounting window to assess new programs. Starting the Medicare cuts and some of the taxes in the early years — and pushing the bulk of new spending into the latter years — helps keep the cost of the health care overhaul within Obama’s $900 billion limit.” (Associated Press, Sunday) “Reality is [...]
What Happened to Global Warming?
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Posted in In brief on 12 October 2009
Stats: 22 views and 1 Comment “This headline may come as a bit of a surprise, so too might that fact that the warmest year recorded globally was not in 2008 or 2007, but in 1998. But it is true. For the last 11 years we have not observed any increase in global temperatures. And our climate models did not forecast [...]
Medical Malpractice Costs Overstated, Report Says
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Posted in In brief on 12 October 2009
Stats: 13 views and No Comments “Curbing medical malpractice litigation isn’t the ‘silver bullet’ that’s needed to slay the werewolf of rising health care costs, a panel of academics said Tuesday.” (McClatchy, Tuesday) Easy answers are often wrong. FEE Timely Classic “Dos and Don’ts of Tort Reform” by Robert A. Levy


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