Hospitals Squeal Like Stuck Pigs Over Trump Proposal to Force Disclosure of Insurance Company Discounts
A Trump proposal to force some price transparency on hospitals has them hopping mad.
Read more...Category Archives: Market inefficiencies
Nobel Economist Angus Deaton: Inequality is Destroying Democratic Capitalism
Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...Keeping the Oil in the Soil
The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.
Read more...Takers and Makers: Who Are the Real Value Creators?
Why stories from “value creators” should be taken with a fistful of salt.
Read more...Rebel Economist Breaks Through to Washington on How Shareholder Value Theory Rewards the Undeserving
How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.
Read more...Robert Reich: Here’s Why We Need to Break Up Big Tech
Monopolies aren’t good for anyone except for the monopolists, especially when they can influence our elections and control how Americans receive information.
Read more...Health Care Price Transparency: Fool’s Gold, or Real Money in Your Pocket?
A former insider explains why more transparnecy won’t solve bad health care pricing practices.
Read more...Are Economists Blocking Progress on Climate Change?
As they so often do, by promoting unrealisitc models, economists have become part of problem rather than the solution.
Read more...FANGMAN Stocks Crushed by Potential “Unprecedented, Wide-Ranging Probe” into Google, Apple, Facebook, Amazon
The authorities have come to realize that monopolists like Google and Amazon aren’t good for the health of the economy or even (despite their tech sheen) “innovation”.
Read more...The Intergenerational Effects of a Large Wealth Shock: Evidence from the US Civil War
The US Civil War did not do lasting damage to the economic position of wealthy slaveholding famiies.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?
A post-mortem of the Uber and Lyft IPOs.
Read more...Advertising as a Major Source of Human Dissatisfaction: Cross-National Evidence on One Million Europeans
Advertising is bad for you! And not just your wallet!
Read more...Antitrust in American History: Law, Institutions, and Economic Performance
The Chicago School’s weakening of antitrust law hurt the economy
Read more...Promotions and the Peter Principle
The Peter Principle lives!
Read more...Report: Going 100% Renewable Power Means a Lot of Dirty Mining
Looking at some of the non-CO2 costs of increasing renewable energy production and distribution.
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