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Look Dad – I'm an Economist!
ByadminI recently spoke with a reporter about a new effort, by Medicare, to persuade dialysis centers to care for a wider range of primary care health needs for people with kidney failure. I’ll give you a teaser for that article below, but first want to point out what struck me as the most notable part…
Would the Founding Fathers Approve of a Sugar Tax?
ByadminRecently Mayor Michael Bloomberg learned that his Big Gulp ban had been blocked by a state Supreme Court judge for arbitrarily targeting these consumer goods without a legal rationale. Determined to combat the obesity epidemic, Bloomberg will no doubt appeal this decision. But he shouldn’t. Instead, he should look back at the history of alcohol prohibition…
The Power of Thresholds
ByadminIn a recent post, I reproduce the figure showing the “stickiness” of odometer readings, when it comes to the price of used cars. Much better to sell your car at 49,999 miles rather than 50,001 miles. But here’s another sticky threshold, that was reported on at 538.com. It shows that when airplane flights leave 40…
Good and Bad News about Physician Pay
ByadminI’ve got some good news for all of you: there’s no racial disparity in pay among female physicians. African-American physicians in the United States make just as much money as Caucasian women. Unfortunately, this good news is largely a result of dismal news – neither group of women make as much as white male physicians….
Did You Know That Obamacare Causes Diabetes? Here's Why It Happens And Why It's A Good Thing
ByadminObamacare is a big, messy law with so many moving parts, it is often hard to tell how well it’s working. People debate whether it is killing jobs or creating them; they argue about whether it is lowering medical expenses or raising them. These debates often feel irresolvable because the law, being a national one,…
How Irrationality Can Reduce Traffic Jams
ByadminIn Singapore, rush hour at the Mass Rapid Transit trains can involve more body contact than a full on TSA pat down, the train so packed you will know whether the guy next to you had garlic toast for breakfast. Because of this crowding, someone in the Transit office decided to give people a 10%…

