Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes

The summary of a study by National Bureau of Economic Research: The past two decades have seen a rapid increase in Private Equity (PE) investment in healthcare, a sector in which intensive government subsidy and market frictions could lead high-powered for-profit incentives to be misaligned with the social goal of affordable, quality care. This paper studies [PDF] the effects of PE…

In Hidden Message on White House Website, Biden Calls For Coders

The recently updated website for President Joe Biden’s White House carried an invitation for tech specialists savvy enough to find it. From a report: Hidden in the HTML code on www.whitehouse.gov was an invitation to join the U.S. Digital Service, a technology unit within the White House. “If you’re reading this, we need your help building back better,” the message said….

Fake Campaign Mail Masquerades as Bernie Sanders Endorsement for Uber/Lyft Ballot Measure

California’s elections include grass roots propositions that change the law directly while bypassing legislators. Uber, Lyft, and Uber-owned Postmates (as well as DoorDash and Instacart) have spent $185 million — the most ever spent — pushing a proposition that would keep ride-hail and delivery drivers as independent contractors, reports SFGate. “If it passes…gig corporations won’t have to contribute to Social Security,…

More essential coronavirus links: March 17-23

A roundup of information from physicians, scientists and journalists. Source: https://earthsky.org/human-world/more-essential-coronavirus-links-march-17-23…

3 key moments from the House’s first-ever Medicare-for-all hearing

Source: https://www.vox.com/policy-and-politics/2019/4/30/18523886/medicare-for-all-house-hearing-ady-barkan-testimony…

White identity politics is about more than racism

Source: https://www.vox.com/2019/4/26/18306125/white-identity-politics-trump-racism-ashley-jardina…

Hospitals Stand to Lose Billions Under ‘Medicare for All’

Private insurance pays hospitals much more than the federal government does for patient care. If Medicare for all means Medicare rates, expect an industry backlash. Source: https://www.nytimes.com/2019/04/21/health/medicare-for-all-hospitals.html?partner=rss&emc=rss…

Modern Monetary Theory, explained

A very detailed walkthrough of the big new left economic idea. Modern Monetary Theory is having a moment. The theory, in brief, argues that countries that issue their own currencies can never “run out of money” the way people or businesses can. But what was once an obscure “heterodox” branch of economics has now become… Continue reading Modern Monetary Theory, explained