Economics Behaving Badly
George Loewenstein and I have an Op-Ed in the New York Times today. Check it out, and feel free to add your comments.
George Loewenstein and I have an Op-Ed in the New York Times today. Check it out, and feel free to add your comments.

Here is a blog post I wrote for the Hastings Center, laying out some hopeful thoughts about how we can use Medicaid crises, which are occurring in so many states right now, to figure out how to control health care costs.
Ask physicians if our messed up malpractice system causes them to practice “defensive medicine,” and most will probably say yes – hard not to be paranoid with so many lawsuits affecting so many physicians. Some experts even contend that major reforms of our malpractice system could go a long way towards controlling spiraling healthcare costs. On the…
A song comes through your earbuds: good rhythm, clever lyrics, pleasing melody. You know whether you like the song, right? Maybe not. A series of studies using brain imaging raise the possibility that sometimes we think we like or dislike things, but our brains know better. I will explain what I mean, by describing one of…
Cholesterol pills are one of the great medical advances I’ve witnessed during my professional career. I am talking specifically about a category of medications called statins, drugs like Lipitor and Pravachol. These drugs have prevented probably hundreds of thousands of heart attacks and strokes. Only one problem with these drugs, however: statins won’t help people…
People like me, trained to be physicians, have pushed hard to promote health insurance in the United States because we believe, with some evidence to back up our claims, that good health insurance promotes better health. When people don’t have insurance, they delay necessary medical care for too long, and their health suffers as a…
There is one thing that politicians on both sides of the aisle agree upon: the biggest threat to the future fiscal solvency of the United States is Medicare, the program that pays medical expenses for elderly and disabled Americans. For many years now, the Medicare budget has been growing much faster than the economy as…