People who should know better, such as sophisticated investors, members of the
media, or experts, are always surprised when a successful firm, or for that
matter, a successful industry such as financial services,
Anyone who has read this blog knows that, in discussing public policy issues, I
have always tried to consider both the intended and unintended consequences of
government decisions. For example, I have contended
I believe strongly that health is enhanced by healthy behaviors, such as good
nutrition, exercise, and healthy lifestyles. To some degree, we can mandate
healthy behaviors by law and regulation, or by centralized
I keep seeing influential groups, particularly here in Connecticut, advocate
that we switch to a “single-payer” health care system. There are many variations
on single-payer proposals, but they typically have the following
characteristics:
In the past month, I have had the privilege of immersing myself in a number of
health-based dialogues. As we think about how to get people to engage in healthy
behaviors, we must
Not surprisingly, I get asked about the future of mail. People point to the
decline in personal correspondence, the tendency of large transaction statement
providers like banks and insurance companies to encourage customers