Category Archives: Health care

A Killer Cruise

I’m going to tell a personal story and hope you regard it as useful rather than self indulgent. As regular readers may know, I am currently on a cruise with my family. If you ever think of going on a cruise, and you value your life, avoid Oceania Cruises. Safety is paramount, and they blew […]

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The Economist on Incremental Approaches to Health Care Reform

Disclosure: I used to be a huge fan of the Economist, because it was well written, broad ranging, intelligently non-partisan, and (at least politically) often contrarian. But ever since the start of the Bush era, it has taken a marked shift to the right, in both its political and economic coverage. Take this story from […]

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Lead as a Crime Culprit

The headline in Mark Thoma’s blog is more colorful: “To Reduce Crime, Get the Lead Out.” His post points to a Washington Post story, “Research Links Lead Exposure, Criminal Activity,” in which economist Rick Nevin says lead exposure is the biggest factor behind crime. Now as any statistician will tell you, correlation is not causation, […]

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An Economist Argues That Single-Payer Healthcare is Inevitable

Stephen Cecchetti, professor of finance at Brandeis’ business school and former director of research for the Federal Reserve Bank of New York, makes an elegant and persuasive argument at VoxEU in favor of a single payer medical system: it’s inevitable. Why? Cecchetti starts from the premise that improved genetic testing will provide foreknowledge of an […]

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Story on Virtues of Organic Tomatoes Getting Little US Coverage

Most news stories touting the findings of a ten year investigation of organic versus conventionally farmed tomatoes make broader claims (example; CNNMoney “All-natural veggies good for heart“) than the study’s immediate findings, namely that the fruit, when raised organically, has nearly double the level of some key flavinoids (quercetin and kaempferol. Flavinoids have been found […]

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Are Doctors Overrated?

One of the obstacles often cited in reining in US medical costs is that doctor salaries would have to fall, and therefore good people would no longer come into the profession (they’d either launch a hedge fund or go into the unregulated, better paid part of the business, like plastic surgery). But that assumes that […]

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"The Market for Lemons" and Its Implications

An article by Bruce Schneier in Wired Magazine, “How Security Companies Sucker Us With Lemons,” which we found thanks to Slashdot, discusses the work of Nobel Prize winning economist George Akerlof on markets with asymmetrical information: Why are there so many bad security products out there? It’s not just that designing good security is hard […]

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