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When Healthcare is a “Lemon”: Asymmetric Information and Market Failure
written by David W. Johnson on March 27, 2015
In this article, David explains how asymmetric information exchange between providers and patients contributes to medical errors, customer frustration, over and under-treatment in U.S. healthcare industry.
Data Round-Up: 14Q4 GDP Shows Continued Strong Real Consumption & Income, Better I/S Ratio
written by Michael Lewis on March 27, 2015
FMI’s analysis of this morning’s Third Report of 14Q4 GDP.
FMI Weekly Data Preview: March 30 - April 3
written by Michael Lewis on March 27, 2015
FMI’s Preview of the coming week’s major data releases.
Toyota the Exception On Wage Hikes, Part 2
written by Richard Katz on March 24, 2015
In this part 2 of the report, Richard argues that rather than rush to judgment about the impact of this spring’s wage negotiations on nominal and real wage growth based on the headlines from a few big firms like Toyota, we should wait until we get the actual numbers on wages for April and a few months thereafter.
When Healthcare is a Lemon: Asymmetric Information and Market Failure
written by David W. Johnson on March 24, 2015
Asymmetric information exchange is rampant in American healthcare and drives higher costs, inferior outcomes and customer frustration.
Data Round-Up: Core Inflation Trend Appears to Be Firming
written by Michael Lewis on March 24, 2015
FMI’s analysis of today’s February CPI (also attached as a PDF) as well as notes on this morning’s February New Home Sales and January FHFA Home Price Index as well as March Richmond Fed Regional Surveys.
Toyota the Exception On Wage Hikes, Part 2
written by Richard Katz on March 24, 2015
In this part 2 of the report, Richard argues that rather than rush to judgment about the impact of this spring’s wage negotiations on nominal and real wage growth based on the headlines from a few big firms like Toyota, we should wait until we get the actual numbers on wages for April and a few months thereafter.
FMI Weekly Data Preview: March 23-27
written by Michael Lewis on March 23, 2015
FMI’s Preview of this week’s major data releases.
Toyota the Exception On Wage Hikes, Part 1
written by Richard Katz on March 23, 2015
There is a lot of crowing in the Japanese press about wages rising in Japan because Toyota Motor Co. and some other big firms offered the biggest wage hikes in years, partly due to pressure from the Abe administration.
Fed Is Ready for June Rate Hike; Economy Likely Will Be Too
written by Michael Lewis on March 20, 2015
FMI’s Commentary addressing questions raised in the wake of this week’s FOMC meeting.
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