Word: economisters
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...bottom line: If more private payers sent patients abroad for uncomplicated elective surgeries, the savings could be enormous. "This has the potential of doing to the U.S. health-care system what the Japanese auto industry did to American carmakers," says Princeton University healthcare economist Uwe Reinhardt...
Will U.S. insurers join the party? Mohit Ghose of the trade group America's Health Insurance Plans says many have taken note of medical outsourcing but are scared off by the regulatory and legal uncertainties. Aaditya Mattoo, a World Bank economist who has published a study on the potential of medical outsourcing, suspects that pure institutional inertia has something to do with the lack of interest...
...Summers’ downfall, 13 professors rose to attack the president two weeks after he forced Kirby to resign. None spoke in Summers’ defense. The turning point of the meeting came when engineering professor Frederick H. Abernathy asked Summers for his opinion on the controversy swirling around economist Andrei Shleifer...
...reality, though, human-rights advocates say the army has begun seizing food from peasant farmers, raising fears that this year's harvest will be confiscated to feed soldiers and tighten control over rural opposition strongholds. "All basic foods are now under direct military control," says Eddie Cross, an economist and adviser to the opposition Movement for Democratic Change. The latest exercise - dubbed Operation Taguta/ Sisuthi or "eat well" - has been disastrous, according to a report released last month by the Solidarity Peace Trust, a South African human-rights group. The group says the army has left communities without enough grain...
Even if your mortgage is under control, the ripple effects of rising interest rates could hit your investment portfolio. "Appraisers, mortgage bankers and title-insurance companies are all feeling the brunt of a pretty dramatic slowdown," says Stuart Hoffman, chief economist for PNC Financial Services Group. Hoffman suggests shifting those investing dollars toward stronger parts of the sector, such as the home-renovation and appliance industries. The National Association of Home Builders estimates that homeowners will spend $238 billion on renovations this year, a 13.2% jump from...