Month: August 2012

Reading list

Temperature, Human Health, and Adaptation: A Review of the Empirical Literature, by Olivier Deschenes  (The National Bureau of Economic Research) This paper presents a survey

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Two good books

I finally finished the two good books I was reading. The first, Daniel Kahneman’s Thinking, Fast and Slow, has received extensive review and comment elsewhere. I don’t

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Counterfactuals

The only time I had lunch with Jon Gruber he told me the biggest problem in policy debates is a lack of clear understanding of

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Common ground on health care policy

Below are my highlights of and notes on the commentary “Slowing Medicare spending growth: Reaching for common ground,” by Michael Chernew, Richard Frank, and Stephen

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Compensation under profit maximization

Consider a profit-maximizing firm (with non-negative profits) that offers its employees compensation in the form of an annual salary ($50,000) and health insurance (annual $15,000

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