Unbiased Analysis of Today's Healthcare Issues

Quotation of the Day

He disdained anyone who dismissed an issue as trivial. “Life is made up of a whole concentration of trivial matters,” he once said. “Certainly a computer is nothing but a huge concentration of trivial matters.” J. Presper Eckhert regarding his thoughts on building Electronic Numerical Integrator and Computer (ENIAC), widely considered to be the first computer. […]

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Quotation of the Day

We adore chaos because we love to produce order. – M.C. Escher.  

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Leadership Rules

From a book on economics, complexity theory and economics, below are some good guidelines for managers and leaders developed by the Prussian army: A commanding officer should always give an order for an outcome, never for an action.  This leads the person receiving the order to reflect on and interpret it with all his prior knowledge and in its […]

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Capitalism vs. Competition

Nevertheless, devaluing competition is a central theme of Thiel’s new book. He asserts that “capitalism and competition are opposites,” because “under perfect competition, all profits get competed away.” He exhorts entrepreneurs to seek out monopolies, concluding, “All happy companies are different: Each one earns a monopoly by solving a unique problem. All failed companies are […]

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Why there are few entrepreneurs in the health care sector

  Generally, health is just so heavily regulated. It’s just a painful business to be in. It’s just not necessarily how I want to spend my time. Even though we do have some health projects, and we’ll be doing that to a certain extent. But I think the regulatory burden in the U.S. is so […]

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Quotations on Big Data

“There are a lot of small data problems that occur in big data.  They don’t disappear because you’ve got lots of the stuff. They get worse.” David Spiegelhalter, Winton Professor of the Public Understanding of Risk at Cambridge university Via FT.

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Quotation of the Day: Happiness by the way

The experiences of this period…led me to adopt a theory of life, very unlike that on which I had before I acted, and having much in common with what at that time I certainly had never heard of, the anti-self- consciousness theory of Carlyle. I never, indeed, wavered in the conviction that happiness is the […]

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Quotation of the Day: Einstein

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction Albert Einstein  

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Why study health economics?

“And anyone interested in public policy or fiscal policy must, these days, be interested in health care economics.” Tyler Cowen, Marginal Revolution.

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Oxymoron of the Day

Can a secret court be transparent? Charlie Rose: But has FISA court turned down any request? Barack Obama: The — because — the — first of all, Charlie, the number of requests are surprisingly small… number one. Number two, folks don’t go with a query unless they’ve got a pretty good suspicion. Charlie Rose: Should […]

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