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Category: Health Economics & Costs

NYT: We’re in a Golden Age of Medicine

Posted on June 28, 2023 by Devon Herrick

The New York Times announced we’re in a Golden Age of medicine, saying:

We may be on the cusp of an era of astonishing innovation — the limits of which aren’t even clear yet.

Hype springs eternal in medicine, but lately the horizon of new possibility seems almost blindingly bright. “I’ve been running my research lab for almost 30 years,” says Jennifer Doudna, a biochemist at the University of California, Berkeley. “And I can say that throughout that period of time, I’ve just never experienced what we’re seeing over just the last five years.”

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Wednesday Links

Posted on June 27, 2023June 29, 2023 by John C. Goodman
  • An argument that life on earth did not begin on earth.
  • Over six million prime-age men are neither working nor looking for work — Depression-era work rates for American men ages 25–54.
  • David Friedman asks: why are poor people fatter than the nonpoor? The conventional answer is that fast foods are cheaper than healthy foods. But Friedman shows that the reverse is true – per calorie consumed, nutritious food is half the cost of fast food.
  • Without fungi, we not only wouldn’t be alive, we never would have evolved.
  • In Uganda, where nearly half the people eat fewer calories than they need each day, excess fat is often a sign of wealth.
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Study: Physician-Owed Hospitals Have Lower Prices, Boosts Competition

Posted on June 26, 2023 by Devon Herrick

The Affordable Care Act, a misnomer if there ever was one, has been the law of the land for 13 years now. One of the many ill-thought-out provisions was one that banned further development of hospitals owned by physicians.

“The Affordable Care Act (ACA) imposed severe restrictions on physician-owned hospitals, such as prohibiting the development of new physician-owned hospitals and the expansion of existing ones,” Ge Bai, a professor of accounting and health policy at Johns Hopkins University and one of the coauthors of the study, said.

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Monday Links

Posted on June 26, 2023June 26, 2023 by John C. Goodman
  • New diabetic wonder drugs come from two ugly predators: Angler fish and Gila monsters. (NYT)
  • Tyler Cowen on the lab leak. (Should we hope it’s true?)
  • Casey Mulligan on the household burden of green policies: a poor household pays almost 9% of its income to pay for green policies whereas the rich pay 1.5%.
  • Dr. Marty Makary: Ten reasons why we know Covid-19 leaked from the Wuhan lab.
  • AMA: BMI standards are racist.
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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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