Tyler Cowen cites a few cost-benefit research papers. One finding:
Overall, a $1 increase in prescription drug spending is associated with a $2.06 reduction in Medicare spending.
Cowen adds:
It's a little late to go through all the usual pro and con arguments on the policy as a whole. I'd just like to note that – relative to its reputation – the Medicare prescription drug benefit is one of the most underrated government programs of our time. If the goal is to cut or check Medicare spending, and I think it should be, we should do it elsewhere in the program.
It's also possible that the prescription drug benefit will do more for peoples' health (as opposed to their financial security) than will the Obama plan. Try getting people to consider that. The debate has become very emotional and not for the better.
determined to return to religious fundamentals and to purge the faith of the accreted mass of folkloric and pagan practices. It was also an attack on traditional structures of authority and hierarchies. In place of a large number of deeply-local, culturally specific Christianities, the Reformation proposed a universal faith in which every believer had equal recourse to the scripture, the ultimate source of authority. No intermediation. (Of course, the ironic effect of such universalizing beliefs was to fragment Christiandom into a host of warring denominations, each claiming adherents across traditional social and geographic lines.) It took time – and a shocking amount of bloodshed – before new, stable societies were able to emerge from the chaos.