Conventional wisdom tells you that the price of an item won't rise if you subsidize it adequately. But housing, autos, and education are all markets where prices have risen even though they have seen appreciable subsidies.
In the Editorial of November 17, 2005, I described the shock of having good health for my entire lifetime, then suddenly coming down with illnesses that immersed me in the American health-care industry.
In the last five years, I have turned into the kind of person I never wanted to be, namely, a voracious consumer of medical services and an immense liability to my insurers.
My column in the March 3 issue this year discusses how road salt is bad for our vehicles, highways, ecology, water supplies, and concrete structures such as parking garages.