Archive for December 11th, 2010

A Tale Of Two Christmases

If this article from the Washington Post via Calculated Risk doesn’t make you stop a moment and ponder then you probably need a compassion check. A new division is emerging in America between those who have moved on from the recession and those still caught in its grip. This holiday season, those two worlds have [...]

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Cosmetic Surgery And Price Competition

cosmetic-surgery-plastic-surgery

David Henderson points to this graph to illustrate the effect of competition on the cost of medical services. The point is that cosmetic services are rarely covered by insurance. Consumers of these services tend to pay most of the cost out-of-pocket which has served to introduce a measure of price stability not seen in other [...]

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