Nobel laureate Kenneth Arrow passed away on February 21, 2017. In a classic, fifty-year-old paper entitled Uncertainty and the Welfare Economics of Medical Care, Arrow discussed how: “the operation of the medical-care industry and the efficacy with which it satisfies… Read More »Kenneth Arrow on healthcare economics: a 21st century appreciation
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Brent Gibbons’s journal round-up for 30th January 2017
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Chris Sampson’s journal round-up for 16th January 2017
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Brent Gibbons’s journal round-up for 12th December 2016
Yesterday I explored one of the major challenges to affordable, universal health insurance, namely the high cost of providing care to the sickest patients. The extreme distribution of healthcare costs means that “Targeting the highest spenders represents the greatest opportunity… Read More »“Doing the math” on the distribution of healthcare expenditures: a Pareto-like distribution is inevitable
One of the major challenges to affordable, universal health insurance is the high cost of providing care to the sickest patients. According to Roy Vaughn, senior vice president at BlueCross BlueShield of Tennessee, “just 5 percent of the company’s marketplace… Read More »Sharing the burden of healthcare: providing care to our sickest patients
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Chris Sampson’s journal round-up for 14th November 2016
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit our Resources… Read More »Sam Watson’s journal round-up for October 24th 2016
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit our Resources… Read More »Chris Sampson’s journal round-up for 3rd October 2016
Richard Horton, editor-in-chief of the venerable medical journal the Lancet, is no stranger to bad economics. In 2012 and 2013, he stoked the ire of economists worldwide with a series of ill-informed tweets. These included gems such as: Economics, second only to… Read More »“Health is bad for you. That’s what many economists believe.” Richard Horton’s anti-economics strikes again.
