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Tyler Cowen makes the case. Tyler gives the policy a different description: He calls it means-testing for Medicare. But this reform can also be described as in this post's title.
Like many students of my generation, I started my studies of economics with Paul Samuelson. When I took econ 101 as a freshman at Princeton, Paul's textbook, then in its 9th or 10th edition, was the assigned reading. I recall the book well, and I...
