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Exploiting Perverse Incentives: Kentucky Basketball and Prime Healthcare

Hoping to become college basketball’s first undefeated champion in almost forty years, the Kentucky Wildcats captured the… Read More

By David W. Johnson April 30, 2015

Consumerism

When Healthcare is a “Lemon”: Asymmetric Information and Market Failure

In 1970, George Akerlof published “The Market for “Lemons”: Quality Uncertainty and the Market Mechanism” in The Quarterly… Read More

By David W. Johnson March 3, 2015

Economics

Supreme Court vs. Obamacare II: High Drama; Not the “Main Event”

The “Thrilla in Manila” in 1975 was Mohammad Ali and Joe Frazier’s second championship fight. In 1967, Ali… Read More

By David W. Johnson February 5, 2015

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