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Monthly Archives: August 2009
Does Complexity Have Regressive Social Effects?
I have written about the virtues of simplicity in business before. But when I look around things are getting more and more complex. Take the tax code for instance. The US tax code is so complex it is almost impossible … Continue reading
Posted in Economics
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Pay for Performance is Difficult to Implement
In the current debate on healthcare I’ve started hearing something that is quite familiar – pay for performance. The notion is simple – doctors should be paid based on patient outcomes not on the volume of work (fee-for-service). Its intent … Continue reading
Posted in Economics
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