Category Archives: Risk & Uncertainty

Assorted Links (11/24/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics Obamanomics, by Jeffrey Miron “Harvard economics guru beaks down Obamas’ income redistribution plan.” Health Care Reform The Other Senate Maverick, by William McGurn “Joe Lieberman is a party apostate on health care.” Healthcare Reform and the Big Tradeoff, by Greg

The economics of the market for swine flu vaccine

I would like to call attention to a short article entitled “Swine flu vaccines and elasticity of supply”.  The author of this article, Geoff Riley, claims that most of the swine flu market is being contested by only four companies: GlaxoSmithKline, Sanofi-Aventis, Novartis AG and AstraZeneca.  He also notes that “For students of the price mechanism it

Assorted Links (10/1/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis Stimulus Spending Doesn’t Work, by Robert Barro and Charles Redlick Wall Street Journal: “Our new research shows no evidence of a Keynesian ‘multiplier’ effect. There is evidence that tax cuts boost growth.” Foreign Policy We can’t

Assorted Links (9/30/2009)

Here’s a list of articles that I have been reading today (organized by topic): Behavioral Economics Opting in vs. Opting Out, by Richard Thaler New York Times: “If choosing to be an organ donor were easier, would more people donate? It’s a question for behavioral economics.” Health Care Reform How a Tax Can Cut Health

Baylor economists Grinols and Henderson on health insurance and health care reform

One month ago, I blogged about a new book entitled “ Health Care for Us All: Getting More for Our Investment” written by Baylor economists Earl Grinols and Jim Henderson (see “ Baylor University Economists Call for Different Tack on Health Care Insurance”).  I would like to call attention to guest columns by both of

How to Fix America’s Health Insurance Crisis: GET SOME

Although this video is somewhat dated (since it makes passing reference to the health care reform proposals of the 2008 presidential candidates), it provocatively illustrates why a nontrivial proportion of the nearly 47 million Americans who lack health insurance may be “voluntarily” uninsured.  Indeed, a recently released study by the Employment Policies Institute puts the number of uninsured Americans ages 18-64 who

Assorted Links (8/28/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics Positive, Normative, and … ?, by Donald Marron The Least Surprising Correlation of All Time, by Greg Mankiw Global Warming Technology Can Fight Global Warming, by Bjorn Lomborg Wall Street Journal: “Marine cloud whitening, and other ideas.” Health Care Reform

Assorted Links (8/27/2009)

Here’s a list of articles that I have been reading today (organized by topic): The Economy The 2010 jobs outlook, by Keith B. Hennessey Health Care Reform Obama’s Health Rationer-in-Chief, by Betsy McCaughey WSJ: “White House health-care adviser Ezekiel Emanuel blames the Hippocratic Oath for the ‘overuse’ of medical care.” Work Disincentives in the Health

My preferred approach for reforming health care…

I don’t think that the question of whether the health care system should be reformed is particularly controversial; what is controversial is the manner in which health care reform ought to be structured and implemented.  I have always thought that the system could be much better designed, and that if you were going to do design

Assorted Links (8/23/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy A Better Way to Go PostalWSJ: “The justification for the Postal Service’s monopoly is long past.” Finance and Risk The Mistakes We Make—and Why We Make Them, by Meir StatmanWSJ: “How investors think often gets in the