Dr. Gary L. Wolfram, an adjunct scholar at the Mackinac Center for Public Policy, is the George Munson Professor of political economy at Hillsdale College in Hillsdale, Michigan, and president of the Hillsdale Policy Group, a consulting firm specializing in taxation and public policy analysis. He earned his Ph.D. at the University of California-Berkeley, and he has taught at several colleges and universities, including Mt. Holyoke College, The University of Michigan, and Washington State University.
His government experience includes a stint as Washington chief of staff for Michigan Congressman Nick Smith, being senior economist for the Michigan State Republican policy staff, and serving as Michigan's deputy state treasurer for taxation and economic policy.
One of the highlights of Wolfram's government service was directing the establishment of Michigan's Enterprise Zone legislation. He also served as chairman of the Headlee Amendment Blue Ribbon Commission.
By Dr. Gary L. Wolfram
Rather than attempting to regulate insurance company and individual behavior, Michigan legislators would much better serve the people they represent by examining why insurance premiums are so high in the first place, in order to address the problem at its source. A careful study of Michigan’s insurance market and the regulations governing it indicates that no-fault insurance and the legislative requirement for individuals to purchase unlimited personal injury protection are two important reasons for the increased costs of providing insurance coverage in Michigan. The good news is that it is possible to reduce these costs and reduce the number of drivers who take the risk of violating the law and do not purchase insurance. … more