Pablo Picasso is quoted for (maybe) saying “Bad artists copy. Good artists steal.” Perhaps, when pondering health care reform, Congress should do more “stealing”. Looking at Switzerland’s health care model, we might “steal” their attention to incentives. Insurers, patients, and physicians each have incentives that achieve the model’s goals. With a much larger and more diverse society, their system might not be transferrable to the United States. However, we can learn from it. Similarly, are we learning from the problems being experienced by Massachusetts and its universal health care initiative? The link to the NY Times article about the Swiss health care model has been posted in today’s “Notes”.
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.