Tag: Business

I, Nutella »

“The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society’s legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand….
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Last week’s GDP Estimate Included a Massive Upward Revision in Health Spending »

Last week’s third estimate of 3rd quarter GDP contained a significant upward revision to the real (inflation-adjusted) increase in GDP, from a 3.9 percent in the second estimate (released in November) to 5.0 percent in the third estimate. November’s second estimate of 3rd quarter GDP included very tempered growth in health spending. The third estimate blows…
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CROmnibus and Cronyism for Blue Health Plans? »

Despite the end of Obamacare’s “bailout” for health insurers, some of our friends who seek to repeal and replace Obamacare insist on finding a crony capitalist under every bed and in every closet. Yuval Levin, at National Review Online, appears to have been the first to identify an adjustment to an insurance regulation, buried in the…
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Hiring in Ambulatory Clinics Back on Track; Other Health Jobs Lagging »

Last Friday’s employment report from the Bureau of Labor Statistics caused some joy in the land: 321,000 jobs were added in November. My Forbes colleague Bruce Japsen cheered about an “Obamacare jobs bump” in health services. If true, this would be an example of Bastiat’s broken-window fallacy: Broken windows create employment for glaziers, so the government should…
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Consumer-Driven Plans Increase Share of Employer-Based Benefits »

Consumer-driven health plans seized five more points of market share in the employer-based benefits market, according to Mercer’s latest report: Mercer survey finds average total health benefit cost per employee rose 3.9% in 2014; Enrollment in high-deductible, consumer-directed health plans (CDHPs) jumps from 18% to 23% of all covered employees following a surge of new…
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Plain Brown Wrappers? »

It once was true that copies of Playboy, Hustler, and other (soft or hard) pornographic materials were delivered to subscribers in generic envelopes so that no one, including your local postal carrier, could see what publications you had ordered. I, of course, know that fact only on the basis of hearsay evidence. Nowadays, though,…
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Stores to Open on Thanksgiving — Don’t Complain. »

Over the past several weeks, the standard litany of holiday media stories has begun. While there is always some fun in guessing which reporter will get stuck with the “don’t set your house on fire with the deep fryer” segment, other stories are far more troubling. Around Thanksgiving and the start of the Christmas…
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Your Kaiser Permanente Doctor Will See You Now – At Target »

I am a pretty severe critic of hospitals. Nevertheless, I like innovation wherever we find it happening, and it is happening in some large systems: In a move that reflects the increasing wave of consumer-driven healthcare, Target Corporation is teaming up with Kaiser Permanente to open four in-store Target Clinics in Southern California, taking…
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Hillary’s Right About Jobs »

Hillary Clinton’s recent exhortation “Don’t let anybody tell you that it’s corporations and businesses that create jobs,” has been drawing a lot of flack from conservatives, but it’s pretty much true these days. Back in the olden days, of course, businesses did create jobs. But now, not so much. Here are the number of…
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Amazon’s “Dark Side” Is a Bright Spot for Workers and Consumers »

Jim Hightower is an old-fashioned Texas progressive, who, if memory serves, once ran unsuccessfully for the governorship of that state. He may be a great polemicist – see “The Dark Side of Amazon” – but he does not know the first thing about how markets work and how Amazon.com, like Wal-Mart, is a benefactor…
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