One of the more difficult lessons to teach economics neophytes -- and, many times, trained economists -- is that economic theory cannot say anything definitive about subjective statements, such as what's better, good, bad or worse. Let's try a few examples to make the point.
The other day I saw a syndicated column about sex-selection abortion. That is, a mother's choosing to abort her baby because it's the "wrong" sex, say a girl, when she really wanted a boy. It happens around the world, particularly in Asia. And the one-child policy in still Communist China has only increased the practice. It would be hard to come up with a clearer example of sexual discrimination.
I'm scared. I fear that even if the Supreme Court overrules most of Obamacare (or did already, by the time you read this), Republicans will join Democrats in restoring "good" parts of the law, like the requirement that insurance companies cover kids up to age 26 and every American with a pre-existing condition.
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