Unbiased Analysis of Today's Healthcare Issues
Yesterday it was announced that Claudia Goldin won the 2023 Nobel Prize in Economics (formerly the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel). She is the 3rd woman to have won the economics Nobel. The Nobel press release summarizes her research as follows: Women are vastly underrepresented in the global labour…
The 2023 Nobel Prize in Physiology or Medicine went to Katalin Karikó and Drew Weissman. The prizewinner’s work lead to the development of COVID-19 vaccines which averted millions of deaths worldwide. The Nobel Prize press release describes the scientific breakthrough in more detail: Karikó and Weissman noticed that dendritic cells recognize in vitro transcribed mRNA as a…
You can find the Nobel website press release here: The work for which Deaton is now being honored revolves around three central questions: How do consumers distribute their spending among different goods?Answering this question is not only necessary for explaining and forecasting actual consumption patterns, but also crucial in evaluating how policy reforms, like changes…
Jean Tirole. The full scientific background is here. Marginal Revolution has a number of posts or you can check out Wonk Blog. Digitopoly discusses how Tirole is like Louis Pasteur. Vox has a nice overview of Tirole’s work as well and an example from newspapers… Newspapers, for example, are one area the Nobel Committee points to…
Today, the Nobel Prize in Economics was awarded to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller. Here is a summary of their contribution to the field which earned them the award. Eugene Fama. Beginning in the 1960s, Eugene Fama and several collaborators demonstrated that stock prices are extremely difficult to predict in…
The Purple Health Plan is supposed to be a “moderate” plan for health reform–purple is after all a mix of red and blue. The plan is endorsed by five Nobel laureates. So what is the Purple Health Plan? Key provisions of the plan include the following: All Americans receive a voucher each year to purchase a…