The September 26th Daily Notes link is an article in the National Journal Magazine by Jonathan Rauch that describes what it would be like to book a flight if traveling resembled health care. Yes, just like health care, lack of computerized records, discriminatory pricing, and service are problems this imaginary flier experiences. But where are the incentives that would diminish these problems? They are not apparent in any proposed legislation.
That $17,000.00 Flight
Elaine Schwartz
Elaine Schwartz has spent her career sharing the interesting side of economics. At the Kent Place School in Summit, NJ, she has been honored through an Endowed Chair in Economics and the History Department chairmanship. At the same time, she developed curricula and wrote several books including Understanding Our Economy (originally published by Addison Wesley as Economics Our American Economy) and Econ 101 ½ (Avon Books/Harper Collins). Elaine has also written in the Encyclopedia of New Jersey (Rutgers University Press) and was a featured teacher in the Annenberg/CPB video project “The Economics Classroom.” Beyond the classroom, she has presented Econ 101 ½ talks and led workshops for the Foundation for Teaching Economics, the National Council on Economic Education and for the Concord Coalition.
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