Healthcare is not a Normal Good

Freakonomics » New Freakonomics Podcast: Does College Still Matter? And Other FREAK-y Questions Answered. [Healthcare] is virtually the only part of the economy where I can go out and get any service I want—cancer treatment, open heart surgery, have a wart removed, whatever it is—and I pay $3 for it or $5 for it or …

Why I Love Thinking: It’s a Rare Commodity

This morning I saw some college undergrads analyze the healthcare bill more incisively than any legislator, policy wonk, or pundit. That is both a source of pride in the students I’m privileged to teach and terror in that none of our leaders in Washington seem to get what the hell is going on. This is …