Unbiased Analysis of Today's Healthcare Issues

Archive for April, 2006

Male chauvinist pig of a discipline

Not everyone is like me and enjoys employing the discipline of economics in their research. On the Gendergeek blog, the author claims in her Geek-onomics post that: It worries me that so much of the heavily gendered distortions of modern economics, in conjunction with its methodological fetishism, is unnoticed or ignored. Economics could turn out […]

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NFL Draft and Physician Diagnosis

Yesterday was the NFL Draft. It is a day of hope where teams can look to their future and see a potential Pro-Bowl individual joining their cadre of players. For instance my favorite team, the Green Bay Packers, selected linebacker A.J. Hawk from Ohio State University. The team was considering trading their number 5 pick […]

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Cost to bring drug to market: $802m

According to the PhRMA (Pharmaceutical Research and Manufacturers of America) U.S. drug companies spent $39.4 billion on research and development in 2005. Much of this money goes towards the clinical trials necessary for FDA approval. But how much does it cost to bring a drug to market? In order to bring a drug to market, […]

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The Greying of China

It is a great achievement that China has one of the highest life expectancy rates (72.6) of any country in the developing world. However, the CIA World Factbook reports that “One demographic consequence of the ‘one child’ policy is that China is now one of the most rapidly aging countries in the world.” The Demography […]

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SSDI “$1 for $2″ Reform

Currently the Social Security Disability Insurance (SSDI) program covers almost 8 million Americans. The program is designed to help those who need assistance the most: those who cannot work due to disability. These individuals are entitled to approximately $830 per month. One feature of SSDI is that it has an implicit 100% tax on earnings. […]

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Physician Assistant Data

The concept of the Physician Assistant gained its inspiration from 17th century Europe where feldshers were used in the 17th century Russian Army. In the 1960s, China employed over 1.3 million “barefoot doctors” to improve delivery of health care, especially in rural areas. Not until the mid 1960s did the U.S. begin to use Physician […]

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SCHIP expansion in Minnesota and New York

Under the Balanced Budget Act of 1997, the Federal government established the State Children’s Health Insurance Program (SCHIP), which was aimed at reducing the number of uninsured children in the United States. States were given a variety of options of how to implement this program. Nineteen states decided to operate the SCHIP program as an […]

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Markets at work: LASIK

According to the Marginal Revolution blog (“Seeing is believing“): Laser eye surgery has the highest patient satisfaction ratings of any surgery, it has been performed more than 3 million times in the past decade, it is new, it is high-tech, it has gotten better over time and… laser eye surgery has fallen in price. In […]

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Blogs as a marketing tool for economic departments

The Mises Economics blog notes how George Mason University professors have been using blogs for the past few years. In addition to any individual gain the professors may receive from writing, the blogs give prospective graduate students a way to find out more about the professors with whom they will be colleagues in the upcoming […]

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Markets at work in rural India

What happens to farmers in developed nations when they or their family members get sick? Typically, much of a farmer’s savings is tied up in illiquid assets (land, crops, fertilizer, etc.) and the farmer turns to the town money lender. Since there is less competition for loans in rural areas, the money lender can charge […]

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