Okun’s leaky-bucket experiment
Okun offers a neat hypothetical to help locate one’s equity-efficiency boundary. He wrote this in 1975, so all dollar amounts are far below what would
Okun offers a neat hypothetical to help locate one’s equity-efficiency boundary. He wrote this in 1975, so all dollar amounts are far below what would
This isn’t a surprise. It comes around page 90 of Equality and Efficiency: The Big Tradeoff, by Arthur Okun. On what terms is the nation willing
I’m reading Equality and Efficiency: The Big Tradeoff, by Arthur Okun. The first paragraph lists some merit goods in the US: Justice Political rights Access
A few readers wrote me in response to a post last week. At issue, it seems, is my assertion that The best bet for health
This is a TIE-U post associated with Karoline Mortensen’s Introduction to Health Systems (UMD’s HLSA 601, Fall 2012). For other posts in this series, see the course intro. Here’s a
This post is part of a series. If you haven’t read the prior posts in the series, you really should. The introduction explains what I’m doing and
The following appears on page 81 of Equality and Efficiency: The Big Tradeoff, by Arthur Okun, written in 1975. In a financing plan now experimentally used
Have I convinced you that Arthur Okun’s Equality and Efficiency: The Big Tradeoff is worth reading? I wish I’d read it ages ago. This passage is
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