The Free Lunch Is Back

Leaving aside the blatant assault on religious liberty that the Obama administration’s contraceptive mandate represents (a number of commentators have ably elucidated the assault on free exercise), the edict ought to offend all sensible Americans for its sheer economic and moral fatuousness.

In this case, “moral” refers to moral hazard — i.e., unintentionally encouraging bad behavior. But first, consider the economic argument the administration has advanced for forcing insurance companies to offer contraceptives and abortifacients free to all women.

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