Archive for the ‘Health Care’ Category

Health Care and Hiring in Booms and Busts

February 9th, 2014

Bin Appelbaum has an interesting piece on the impact of recent developments in the health care sector on the macro economy. It is widely agreed that the sector is bloated with inefficiencies, often characterized by extremely high costs for the same products and treatments that cost much less elsewhere in the world. Scolds, including myself,… Read more

Good for You, CVS!

February 6th, 2014

There’s as CVS drug store a few blocks from home that I often pop into for this or that.  Next time I do so, I’m going to feel particularly good about shopping there: CVS, one of the nation’s largest drugstore chains, said Wednesday that it will stop selling cigarettes at its 7,600 locations in an… Read more

The New CBO Budget Update: The Need for Faster Growth (and the ACA is minor part of that)

February 4th, 2014

I’m working my way through the new CBO budget update and here’s my main takeaway so far: The absence of full employment and the persistence of large output gaps is projected to take a toll on our fiscal health.  If we want to improve that health, we need to grow faster. The Affordable Care Act… Read more