…Health Cost Growth, Health Affairs, Authors. Consistently healthcare exceeds growth in the gross domestic product. The rising costs of health care impose an increasing burden on consumers, employers, and federal and…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

…care organization (ACO), a prominent iteration of managed care, illustrates the problem. The ACO label was invented at a 2006 meeting of the Medicare Payment Advisory Commission (MedPAC). The concept was tested…

…of production, even though in the “higher stage of socialism” generally labeled “pure communism,” the state is supposed to “wither away.” Capitalism is private ownership of the means of production,…

…decline in imports that accompanied the contraction of the economy rather than a growth in exports, as happened in Ireland and Portugal. The lack of Greek export growth has been…

Economics, the Realm of Money and the Significance of GDP Growth, with an Application to Child Labor What’s economics? There are two answers. One is it’s the sphere of human…

…has performed far better, by almost any measure, under Democratic presidents. Larry Bartels’ key graph mapping income growth by quintile, 1948-2005 (from page 33 of Unequal Democracy) is perhaps the…

…consumer confidence, and a rising stock market. 2.2% growth is basically ok, closer to recession than to boom, but basically neither. It would take growth rates somewhat above 3% to…

…vary widely depending on their strategic weighting of profitability vs. growth. The Demographic Estimate of Coding Intensity (DECI) estimates in exhibit 3 include a 2021 MA coding intensity difference of…

…of the slow growth in the economy. We will want to find some resolution to the situation that accommodates the need to avoid a harmful austerity approach. So the Times’…