Unbiased Analysis of Today's Healthcare Issues

Book Review: The Pirate Organization

Pirates don’t only troll the seas. According to a book by Durant and Vergne, they download music illegally, they clone living things, and do any number of actions typically banned by authorities. But not individuals who do illegal activities are deemed pirates by these authors. They define pirates as follows as sharing the following features: […]

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History Repeating Itself.

“First, you push on your territories, where you have no business to be, and where you had promised not to go; secondly, your intrusion provokes resentment, and resentment means resistance.  Thirdly, you instantly cry out that the people are rebellious and their act is rebellion…Fourthly, you send out a force to stamp out rebellion; and […]

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Book Review: Priceless

I recently read a very interesting book by John Goodman titled “Priceless: Curing the Healthcare Crisis“. Whereas President Obama’s Health Reform plan focuses on increasing access to medical services by expanding the government’s role in the medical marketplace, Goodman advocates reducing regulation and adding flexibility to the health insurance and medical markets. The book is […]

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The Soviet Union and Plato’s Republic

“Baggy two-piece suits are not the obvious costume for philosopher kings: but that, in theory, was what the apparatchiks who rule the Soviet Union in the 1960s were supposed to be. Lenin’s state made the same bet that Plato had twenty-five centuries earlier, when he proposed that enlightened intelligence gives absolute powers would serve the […]

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NBA Coaches and Spoiled Children

In honor of the start of the NBA playoffs… “After personal fouls, points scored per minute have the largest impact on minutes per game.  The result directly contradicts the rhetoric from coaches.  Again, coaches tell players to focus on something besides scoring.  Players, though, can see that the most effective way to get more playing […]

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What is an ISBN?

You may have seen on Amazon or near the UPC of your book an ISBN.  What is an ISBN?  Can it be any number?  Why does the Healthcare Economist care? Answers are provided below. What is an ISBN? According to Wikipedia: “The International Standard Book Number (ISBN) is a unique numeric commercial book identifier based […]

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Bring Market Prices to Medicare

Medicare is a government-run insurance program.  Can policy changes be made to add competition to Medicare, maintain quality and reduce cost?  A book titled Bring Market Prices to Medicare argues that it can through a competitive bidding process. This book makes a number of sensible arguments which I review today. The main proposal of the […]

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The History of Medicine: A Very Short Introduction

I recently finished reading a great book by William Bynum called The History of Medicine: A Very Short Introduction. The book does just what it says: provides a great introduction to the history of medicine.  It is concise and interesting throughout.  The contents are divided into six chapters: Medicine at the bedside Medicine in the […]

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Smoking Prevention in China

“All tobacco companies are state-owned, and the industry provides signifiant revenue; it also directly employs more than half a million people. From the government’s perspective, smoking is important to stability, both economic and social.  Some cigarettes are even subsidized–the cheapest brands cost as little as thirty cents a pack, because officials fear that farmers will […]

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Book Review: Macrowikinomics

The theory behind Wikipedia is that the wisdom of the masses is greater than that of a few ‘experts’.  Many people believe that Wikipedia has greatly enhanced the amount of knowledge available to the common man.  Others lament that the encyclopedia entries are not always screen and the quality of entries is highly variable.  Can […]

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