Unbiased Analysis of Today's Healthcare Issues

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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Solving the War on Drugs?

Ultimately, the solution to the drug problem might be the solution to the problem of life, which is how to navigate our time here with minimal suffering. Unfortunately, the policy that offers that solution will be not a drug policy but an existential one, and it remains as elusive as ever. Graeme Wood in The […]

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Quotation of the Day

“When you have a hammer, everything looks like a nail.”   Picture hat tip to Wages of Wins.

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Quotation of the Day: On Education Research

Although I am not an expert on current methods used to evaluate options for teaching children, Richard Feynman does a good job of explaining why education successes are often difficult to generalize to a broader population.   …take education. Some guy comes along and he sees the way people teach mathematics and he says, “I […]

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