- Large randomized controlled trial (RCT) backs up traditional economic theory of minimum wage laws: fewer people are hired and there are fewer hours worked.
- RTC for guaranteed basic income: recipients worked less — household income decreased by 20 cents for every dollar they received.
- RCT providing $1,000 a month to homeless people: reduction in homelessness was not much different from the control group.
- Best explanation I have seen for why Imane Khelif of Algeria should not have been in women’s Olympic boxing.
- AAF pans the FTC report on PBMs.
- The new ability to conduct surgeries remotely with robots could be a boon to patients who live in under-doctored areas.
Author: John C. Goodman
The Downside of Medicaid Expansion
There is robust evidence that expansion led to a host of negative spillover effects that have harmed traditional enrollees, including children. In one study, my co-author and I found that per capita Medicaid spending on children grew less than one third as fast in expansion states as in states that opted not to expand, implying that the surge in new adults joining the program probably made it harder for children to receive care.
Source: Liam Sigaud, National Review
Friday Links
- The case for neoliberalism.
- Yglesias: why progressives need neoliberalism.
- You can buy Cerebrolysin online. But does pig brain tissue really have health benefits?
- Cold is far more dangerous than heat.
- Nonprofit hospitals get tax exemptions worth more than $10 billion a year.
- Elisabeth Rosenthal: “Hospitals are some of the biggest businesses in the U.S. — nonprofit in name only,” said Martin Gaynor, an economics and public-policy professor at Carnegie Mellon University.