A Social Security shortfall will create tradeoffs between the generations that get more than they paid to the system and others that get much less.…
Six New Facts To Know About Medicare
Ideal for considering Medicare For All, this Medicare update conveys six facts about Medicare enrollment, Medicare geography, and Medicare popularity.…
Why Healthcare Spending Might Be Less Than We Think
When we look at the cost effectiveness of healthcare spending, we could conclude that it is not as excessive as the headlines indicate.…
Econlife Quiz: Do You Know Your U.S. Presidential Election Economics?
It’s always handy to sound like you know your economics. So, after taking the econlife U.S. Presidential Election Economics Quiz (below), based on the third and final debate, see if you need the follo…
Why We Should Worry About Medicare
With 2028 a Medicare turning point, the 2016 Trustees Report on Medicare focuses on the revenue/spending gap that is creating Medicare’s money problems.…
Where Health Care Costs Less
Depending on where you live and who provides your care, health care spending and the incentives that shape it vary considerably.…
The Importance of Accurately Estimating When We Will Die
Retirement savings and income depend on the person’s prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.…
A New Way to Calculate Drug Prices
Rather than the market system, several doctor suggest that cancer drugs can be priced using variables based on value that include toxicity and efficacy.…
Part 1: What To Do When More People Are Old
As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.…
Why Baby Boomers Will Pull Productivity Down
1999 might have been Derek Jeter’s best season. Twenty-five years old, he had 219 hits, 24 home runs and 102 RBIs. His batting average was .349. You can see below that .349 was Derek Jeter’…