February 27, 2012 • 1:44 pm 0
Ezra Klein has an excellent summary of economists’ analyses of Obamacare and Romneycare. Healthcare coverage certainly seems like a natural monopoly, and it looks like costs are declining with increases in scale.
Filed under: Outbound links, analysis, economics, Health Care, Insurance, Policy, Washington Post
February 27, 2012 • 11:02 am 0
Nothing quite like reading the news. The article here is from the AP and discusses at length the change in the market from dialing down production to rushing to get back to capacity. It’s such a dense article, and you can’t read it without thinking about the elasticity of supply…well, at least I can’t. What will happen to prices? Was the bailout a good thing? Like I have any idea. I give it a crack though. Part 2 is after the break. Enjoy!
Filed under: Video analysis, analysis, auto industry, economics, economy, education, elasticity, news, Supply
Think Economically 