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...Instead, special health courts with expert judges should hear medical malpractice cases, a model similar to tax or bankruptcy courts. This would preserve plaintiffs’ legal right to sue while limiting unwarranted damages, reducing the cost of medical care. In a recent New York Times op-ed, former Senator Bill Bradley proposed a bipartisan compromise in which Republicans accept a public option in return for tort reform. Although political considerations probably make such a deal impossible, Congress should reconsider Bradley’s proposal...

Author: By Anthony P. Dedousis | Title: Unbendable? | 9/23/2009 | See Source »

...While far from perfect, the health-care plan outlined by President Obama deserves to become law. Nevertheless, it is disappointing that Congress has given short shrift to the solutions outlined here. Since these proposals offer major potential cost savings, lawmakers of both parties should willingly reconsider them—despite the fact that these ideas generate most of their support from one side of the aisle. To paraphrase Deng Xiaopeng, “Whether a pill is black or white makes no difference. As long as it works, it is a good pill...

Author: By Anthony P. Dedousis | Title: Unbendable? | 9/23/2009 | See Source »

...doesn't really have economic benefits. In addition to security concerns, the host pays a premium. To hold March's meeting of the G-20, London shelled out an estimated $131 million - a big number for any city to absorb, and more than four times the expected cost. With fewer than 4,000 people expected to attend the Pittsburgh summit, experts say the local economy should see a boost of only about $8 million. And while the U.S. government is covering many of the city's costs, the Pittsburgh city council had to temporarily shift $16 million in funding...

Author: /time Magazine | Title: Why Is the G-20 Being Held in Pittsburgh? | 9/23/2009 | See Source »

...million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented during the recession, he says, will help the casinos turn bigger profits amid the recovery. "Once you see revenue recover, you'll see earnings rebound even further," Fischer says...

Author: /time Magazine | Title: Macau: Is the Casino Boom Back? | 9/23/2009 | See Source »

...they seem. Several incentives could yet tempt Israel onto that path. For one thing, there's strong opposition in the U.S. and Europe to a military strike, which even in the best-case scenario would simply delay Iran's progress rather than end its nuclear program - possibly at the cost of a regional war. The U.S. might offer Israel extra security guarantees, like partnership with NATO. And then there's the fact that what the Iran threat represents is a changed game; Israel isn't the only regional player to benefit from the perception that it wields a nuclear deterrent...

Author: /time Magazine | Title: Is a Nuclear-Free Middle East a Pipe Dream? | 9/23/2009 | See Source »

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