ARNOLD KLING was an economist on the staff of the Board of Governors of the Federal Reserve System from 1980-1986 and served as a senior economist at Freddie Mac from 1986-1994. Kling is the author of several books, most recentlyCrisis of Abundance: Rethinking How We Pay for Health Care. He lives in Maryland. NICK SCHULZ is DeWitt Wallace Fellow at the American Enterprise Institute and Editor of American.com. He is a columnist forThe Mintnewspaper in Mumbai, India. His writings have appeared inThe Wall Street Journal,theLos Angeles Times, The Washington Post,Slate, Forbes.com, among others. He lives with his wife and children in Maryland.