Drug prices are too high, and Congress lacks the political will to do anything about it. These are two of the most uncontroversial assertions in the contentious debate about US health care policy — and they explain why states should be allowed to act on their own. The high price of medicine is a familiar lament from presidents and pharmaceutical ...

In a recent Atlantic article, George Mason University economist Bryan Caplan declares that college is, mostly, a waste of time. Caplan’s claim is sure to appeal to those who feel that their own higher education was wasted, or who dislike colleges because of liberal campus politics. But his arguments against college are deeply flawed, and the country would be well-advised ...

Miniatures of ComfortDelgro Corp. taxis are popular children’s toys in Singapore. Not for long, though. The ubiquitous blue and yellow Toyota Crown cabs are leaving the realm of kids’ imagination and heading for grownup nostalgia. One day soon, they’ll belong in a museum. The end is nigh for the conventional taxi business, though that’s not what Comfort said in a ...