Similar Posts
Have I Officially Become an Economist Now?
ByadminIn a recent Huffington Post article, I was described as a Duke University economist. I’m sure the economic community would like to make very clear that I am not one of its members. The same goes for most communities, as far as I can tell. Nevertheless, despite that glaring error, much of the content of…
When It Comes to Controlling Healthcare Costs, the Government Outperforms Private Industry
ByadminWhen I think of the federal government, “efficiency” is rarely the first thing on my mind. But when it comes to controlling healthcare costs, we need to consider the possibility that the federal government is better at this job than anyone else. Consider the fact that the United States dwarfs other countries in healthcare spending,…
Got a Big Belly? (Why Big Sugar Is to Blame)
ByadminPhoto Credit: LOIC VENANCE/AFP/Getty Images Growing up Republican, I have long believed in personal responsibility. In junior high school, when I observed close relatives who struggled with obesity, I vowed to never let myself get out of shape. (“Junior high” is what we called middle school back in the day.) When hip surgery gone wrong…
That Heart Attack Is Going to Cost You
ByadminHealth insurance is not what it used to be. With increasing frequency, Americans who purchase private health insurance find themselves with plans that require them to fork over significant amounts of money every time they receive healthcare. That means if you get, say, a heart attack, your portion of the hospital bill is probably going…
People May Choose Boring Jobs If They Don't Think They Are Being Paid Enough For a Challenge
ByadminMost people would say they would prefer to work in a job with interesting and fulfilling opportunities. But new research shows that people may pick a boring job over a stimulating one if they perceive they aren’t being paid enough for extra effort. Duke University Fuqua School of Business marketing professorPeter Ubel and David Comerford, an assistant professor at…
Free Markets – Madness or Miraculous?
ByadminRecently, I got an incredibly nice email from a complete stranger. It began like this: “I am an Economics teacher in England and have just finished reading your wonderful book ‘Free Market Madness’. When you write a book that only 5 people read, it is nice that at least one person thinks it is wonderful….