…According to this model, the normalization of the Fed rate will take place at the effective demand limit. In the above model, the vertical dashed green line is the effective…

…rate (solid red line) stays at the zero lower bound almost up to the natural limit of capacity utilization (vertical green line) Core inflation hovers on the edge of deflation…

…that they correlate with a vote for Clinton (left) or Trump (right). The more vertical the line, the more decisive the factor, whereas a horizontal line means that the factor…

…supposed to fix the wasted effort and supplies, vertical integration with community physician practices was billed as the solution to fix clinical waste. Today, more than half of physicians are effectively owned…

…of primary care. It is the capitation model, he says, that drives the rampant upcoding among Medicare Advantage plans. From Horizontal to Vertical “An under covered aspect of Medicare Advantage…

…be more appropriate impossible, purely because of foolish laws. Broadly speaking these arrangements are known as “vertical restraints,” and most of them used to be illegal. It’s not that patents…

…of note: Vertical farming in climate controlled warehouses. Really bad idea. The case of the vegetable farms in warehouses where corporations are growing food in a giant climate controlled, sterile,…

…the rampant specialization that really began in the early 1960’s, physicians started to jump ship. Many began to only belong to the rapidly rising specialty organizations, believing that they could…

…generalists prior to their specialization. Once the entire context of selection, training, and practice support was designed subspecialist, this understanding was lost and the current assumptions reigned unchallenged. The subspecialty…

Matthew Yglesias writes Ragu Rajan … his explanation of why economists didn’t predict the crisis: I would argue that three factors largely explain our collective failure: specialization, the difficulty of…