August 31, 2009 Economists say the jobs of doctors and car mechanics share some peculiar economic elements. We have proof.
August 27, 2009 Defenders of the free market have a little explaining to do when it comes to technology. A website like Craigslist is so barebones, Wired writes, that it's an absolute mess. And yet it has no real competition.
August 25, 2009 Insurance companies say they'd like to cut costs, but the hospitals make that difficult by joining forces over treatment protocols.
August 21, 2009 Economically speaking, doctors are like moms. They have our best interests at heart, take care of us and check our ears when we're little. But there's also an information problem: We can't really judge whether their diagnoses are right — just like when we take our cars into the shop.
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August 20, 2009 Nobel economist Kenneth Arrow said we keep the oath to counteract doctor's financial incentives.
August 19, 2009 David Kestenbaum shares the funny bits that get him through hours of reading about health care economics.
August 18, 2009 If we cleared up problems with unnecessary procedures, fraud and ill-gotten gains, how much could we really save on health care? Ten percent, twenty percent or more?
August 14, 2009 One problem with health care is that it can be hard to gauge what works. The nonprofit Web site Patient Central surveys people about their experiences with doctors. Physicians at the bottom of the list say a single disgruntled patient can skew the result.
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August 7, 2009 Psychological experiments are showing that money can have surprising effects on the brain. People reminded of money felt less pain, and were less likely to help someone who had spilled pencils pick them up.
August 7, 2009 Handling money can make painful things feel less painful, a groundbreaking experiment shows. Researchers say it appears that the human brain sees cold, hard cash as a reasonable substitute for another pain buffer — love.
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August 6, 2009 A government program enticing people to trade in old cars for new ones has proved wildly popular, except with economists. They say the benefits of "cash for clunkers" may not outweigh the costs, in terms of finances or the environment.
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July 31, 2009 The economy shrank less than expected last quarter. The president says that shows the $787 billion package is working.
July 31, 2009 Cash for Clunkers is a government program to take older cars off the road. It's proved popular with consumers in the early going, and it's also generating another line of paying work.
July 30, 2009 The Treasury Department released its new list of people you're forbidden to do business with. It's not easy rendering some of the names for English speakers.
July 29, 2009 Some say speculators drove up the price of oil last year, and they want the practice stopped. Others, including Paul Krugman, say speculators couldn't possibly have that effect.
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