Articles Posted in the " Economics " Category

  • Economics Dooms Health Care Reform to failure.

    Economics Dooms Health Care Reform to failure.

    In the last post I wrote about the perversions of incentives that cause the problems in the health care system.  Let me point out that it’s not that we are behaving irrationally.  We are behaving completely rationally–given the situation we...


  • Perverse Incentives: Patients are our own worst Enemy with Health Costs

    Perverse Incentives: Patients are our own worst Enemy with Health Costs

    Okay, here’s another problem, since spend way too much time talking about the mandate… let’s talk basic economics. The whole initiative is predicated on a few arguments: Costs (prices) are too high. Insurance companies are “making too much money” Millions...


  • Welcome to the “New Grand Experiment”

    Welcome to the “New Grand Experiment”

    Let the experiment begin. I am not alone in my expectation that the Health Care (insurance) reform will not improve Health Care (it won’t make bad doctors good ones, for instance) and it won’t improve access since lower prices have...


  • iPad Demands…

    iPad Demands…

    Writing as an academic, I desperately want to get my hands on (the demand data for) the iPad.  Specifically,  I wonder about the “pre-order” demands that have been placed. I am not writing this as a “hater” or critic of the iPad....


  • AT & T to offer Incentives? Or is it punishment?

    AT & T to offer Incentives? Or is it punishment?

    I was struck yesterday by the word choice that was presented when AT&T’s executive announced that they are “considering incentives to get consumers to reduce their data usage.” (See the story “AT&T Considers incentives to curb heavy data usage“) What...


  • So, just who DOESN’T use the Internet?

    So, just who DOESN’T use the Internet?

    The New York Times has the story, Broadband Now! So Why Don’t Some Use It? where they ask the question “Why not?” So for those that have been listening to our podcast Real Tech for Real People, we have talked quite...


  • Digital Textbooks: Fairness in Pricing after DRM is Hacked

    Digital Textbooks: Fairness in Pricing after DRM is Hacked

    In my last post, I put forward my argument for how digital textbooks can result in a win-win for publishers, students and authors. (Okay, so I didn’t mention the authors. I hope it doesn’t take much to realize that more...


  • Digital Textbooks and “Fair Pricing”

    Those who know me personally know I have a strong desire to see digital textbooks succeed.  I think it has the potential to deliver a Win-Win for most of the major stakeholders, including the authors, the publishers, the environment (potentially)...


  • Are Professors “Scribes?” I think therefore I’m not…

    Are Professors “Scribes?” I think therefore I’m not…

    In a recent blog post, Stevie Rocco wrote that “Professor X is a scribe.”  She wrote that as part of a larger conversation which grew from a critique of Cole Camplese’s presentation at the Chronicle of Higher Education’s Tech Forum...


  • Jon Stewart’s Daily Show and the Mistreatment of Home-owners

    Jon Stewart’s Daily Show and the Mistreatment of Home-owners

    I have been commenting (okay, really complaining) that the bail-outs of the banks really only helps the banks, and ultimately hurts everyone else.  Let me explain: Banks are in trouble because they loaned out money to people that are having...