Small businesses pay more than large firms for the same health care policies. A quarter of the uninsured are employees in firms smaller than 25 workers.
More, rising unemployment means less health care coverage.
The Game Theorist tells us that gift giving is a bad idea. I'm not sure he's taken all of the externalities into account, though.
Krugman tells us that the health care bill will lean liberal because the facts do. I didn't know facts played such a large part of politics.
Monday, May 31, 2010
Monday, May 24, 2010
HFT, education, pedigree, and health care
An interview about high frequency trading. Recently, I've been more and more interested in similar topics.
Tyler Cowen thinks about pedigree bias in economics. Economics professors in top schools are very likely to have come from top schools themselves.
SCSU Scholars talks about innovation in health care. I've mentioned this before--technological advances in health care are unlike others. The equipment hasn't gotten smaller or cheaper. There seems to be different incentives at play than economists typically assume. More, given two procedures that give similar results, a doctor will often choose the more expensive procedure, since he can charge more for it. Consumers, meanwhile, don't know their options.
Tyler Cowen thinks about pedigree bias in economics. Economics professors in top schools are very likely to have come from top schools themselves.
SCSU Scholars talks about innovation in health care. I've mentioned this before--technological advances in health care are unlike others. The equipment hasn't gotten smaller or cheaper. There seems to be different incentives at play than economists typically assume. More, given two procedures that give similar results, a doctor will often choose the more expensive procedure, since he can charge more for it. Consumers, meanwhile, don't know their options.
Tuesday, May 18, 2010
Samuelson, Greece, fair trade, and academic journals.
Rodrik uses Greece as a teaching tool for the world economy. Economic globalization, politcal democracy, and the nation-state: pick two. I wonder if the EU will be more careful in the future.
An Economist debate on fair trade. It's an interesting debate, but Bhagwati in particular never fails to impress in my opinion. I think the benefits of free trade are less clearly documented in the media, and public opinion (of developed states, especially) ends up mattering more than it should.
What kinds of articles get published in journals? Empirics seem to be winning the day. I thought people use to think academia was divorced from real life...
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