Archive for the ‘Finance’ Category

Published in the Financial Times on April 27, 2020

April 29, 2020 | Covid-19

Legislation, not just investor pressure, will be needed to make companies build up buffers against shocks—in response to the April 24, 2020 Financial Times editorial, “Companies should shift from ‘just in time’ to ‘just in case.’ Pandemic has shown that businesses neglected vital safety margins.”   Dear FT editor,   Thank you for your excellent …

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Has U.S. Health Care Spending Finally Stabilized?

February 3, 2019 | ACA

Has U.S. Health Care Spending Finally Stabilized? An Outlook for 2019 The official 2017 statistics from the U.S. Department of Health and Human Services (DHHS) are out, and there are some good news: The annual growth rate of health care spending is slowing down, and is the lowest since 2013 at 3.9%—it was 4.8% for …

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The U.S. Government as a Leading Venture Capitalist

December 7, 2018 | U.S. Government

The U.S. Government as a Leading Venture Capitalist  Uncle Sam supports entrepreneurs  The U.S. Government as a leading venture capitalist, wow, is this a joke? This sounds like industrial policy, public intervention, and “picking winners.” It is something that European and East Asian governments do, but not us, right? Think again. The U.S. government has actually …

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The ten-year anniversary of the 2008 financial crisis

October 3, 2018 | Regulating Wall Street

A primer on Dodd-Frank, through a simple Q&A   Why was Dodd Frank passed?   The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress, and signed by president Obama on July 21st, 2010, to stabilize our banking and financial system, and prevent a repeat of the disastrous 2008 financial crisis, which …

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Why We Need a Basic Universal Income

May 17, 2018 | Employment

The future belongs to artificial intelligence enabled robots. They clean our homes and hotel rooms. They serve our meals in restaurants and deliver them at home. They stretch their artificial limbs to bring us our medicines when we need to take them. They select in giant warehouses the goods we have purchased online that drones …

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