Conundrum

 

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US Health Care Reform: A Contemporary Example of
Goodhart’s Law?

Goodhart’s law – named after a former chief economist of the Bank of England – says that whatever social or economic indicator or other surrogate measure you adopt as a financial target ceases to be a relevant target once you have adopted it because it loses the information content it had originally. What is the [...]

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e-Patients Are Proud Deviants!

The wonderful Atul Gawande delivered this past Friday a commencement address, titled “Money,” to the graduates of the University of Chicago Pritzker School of Medicine. He touched on and expanded on the theme of his groundbreaking article “The Cost Conundrum” that was reviewed on this site. The transcript of the commencement address is definitely worth reading because [...]

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