How to solve American Health Care problem When I ask my students to write about current economic issues, aside from gas prices health care is the issue that seems to get the most attention. Healthcare problem is actually a tremendous opportunity, since there is so much room for improvement. I would like [...]
Entries from October 2008
A look at Health in America
October 31st, 2008 · 10 Comments
Tags: 1. Entrepreneurial Management · Economics · Healthcare
Four assumptions of Economics
October 27th, 2008 · No Comments
I typically begin my Economics classes with the duscussions of four assumptions that we make in order to study basic economics: Scarcity of resources, ratioanlity, good information and low transaction costs. It is clear that all of these assumptions are at best only sometimes correct. In information economy, scarcity is a meaningless concept. Often there [...]
Tags: Economics
KnowledgeWorks Vision of the future
October 26th, 2008 · No Comments
KnowledgeWorks foundation is presenting a very interesting view of the future. What are your thoughts on this?
Tags: Innovation
Educational crisis (or not)
October 21st, 2008 · 1 Comment
The book The 2010 Meltdown: Solving the Impending Jobs Crisis makes the argument that there is an impending shortage of skilled labor that is going to render USA uncompetetive in the near future. While I agree that USA is losing ground in the world competetiveness, I would argue that the problem is not a lack of [...]
Tags: Economics · Education · Great Books
Infrastructure projects as a way out
October 12th, 2008 · No Comments
The democratic party has proposed to use infrastructure improvement projects as a way to stimulate the economy out of the recession. Provided that it is executed right, it is just plain good idea. Will it increase our debt? Yes. But for once, we would be spending money on things that would make this country more efficient, our [...]
Tags: Economics