Posted by: Sam Folin
The March 2 2010 New Yorker has a good article on why our health costs are so high. It points to the Mayo/Geisinger models as a solution.
http://www.newyorker.com/reporting/2009/06/01/090601fa_fact_gawande?currentPage=8
We know that DC understands this. We suspect that for political gain our legistative geniuses continue to ignore the obvious.
Neither our system of health care/insurance or our governing model is sustainable it seems.
OSF 3/2/2010
Tags: Health care
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Paradox of Thrift? | Posted on 09/08/2010
Keynes described the problem of everyone trying to save more at the same time. Called the Paradox of Thrift, it suggests that a society trying to save more can slow economic growth so significantly that growth and income, and therefore savings, also fall off.
Is that what is happening now?
We warned in 2006 and 2007, maybe earlier, that the US needed to become a nation of savers. We also noted that the transition from borrow/spend/ to save/invest would be…
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It’s definitely crucial to stay healthy these days. With all the junk food people eat, it’s not surprising why the number of heart related fatalities have been increasing.