We asked Prof. William English, a former Fed official, to interpret the announcements at the Federal Open Market Committee’s monthly meeting last week.
In the latest episode of the Health & Veritas podcast, Howard Forman and Harlan Krumholz are joined by Yale SOM economist Fiona Scott Morton, an expert on competition in healthcare and other industries. They discuss the forces driving up healthcare costs in the U.S. and the steps that Scott Morton and her colleagues have proposed to bring them under control.
Yale SOM’s William English, a former economist at the Federal Reserve, explains the role of COVID-19 in the spike in prices, considers how policymakers can respond, and confronts the sheer uncertainty of the times.
On the latest episode of the Health & Veritas podcast, Howard Forman and Harlan Krumholz are joined by Jason Abaluck, a health economist at Yale SOM. They discuss a massive study co-authored by Abaluck that showed that masks reduce COVID infections in a community setting.
Prof. Barbara Biasi and her co-authors found that those who couldn’t access treatment for bipolar disorder paid a price over the course of their careers—suggesting that lack of access to care can worsen economic inequality.
Prof. Michael Sinkinson and his co-authors look back at when television, not the internet, was the new technology chipping away at newspaper circulation. They find that when readership diminished, engagement with local politics did too.
In a new book, Yale SOM’s Jeffrey Garten explores Richard Nixon’s decision to delink the dollar from gold, which remade the global monetary system in an instant.
A new study co-authored by Yale SOM’s Katja Seim examines how successful the uniform liquor tax in Pennsylvania is at generating revenue and discourage drinking, and concludes that a uniform tax leads to higher prices on products bought disproportionately in high-income areas when compared to a more variable approach, effectively subsidizing liquor consumption in low-income areas.
Last week, members of Congress from both parties introduced a series of bills to curtail the dominance of the major technology firms. We asked Prof. Fiona Scott Morton if the proposed legislation would help level the playing field.
A study co-authored by Yale SOM’s Seth Zimmerman, drawing on a trove of archival student records, suggests that membership in exclusive clubs propelled students from the top prep schools to higher incomes, while good grades did little to lift other students into the top-earning tier.
Yale SOM’s Fiona Scott Morton and her co-authors argue that smarter and more robust antitrust enforcement can help, by making room for new social media platforms that promote themselves as healthier alternatives.