Year: 2010

Race to the Top: Another $4.35 Billion Spent Poorly?

(AEI) Either Duncan will have to admit he handed out 4 billion borrowed bucks on the basis of unenforceable paper plans, or he’ll have to start trying to strong-arm states by holding new governors and state education chiefs to the commitments of their predecessors–and clawing back dollars from states that don’t comply. Neither of those scenarios is too appealing.

Where are the innovators in health care?

Almost everyone believes there is an enormous amount of waste and inefficiency in health care. But why is that? In a normal market, wherever there is waste, entrepreneurs are likely to be in hot pursuit — figuring out ways to profit from its elimination by cost-reducing, quality-enhancing innovations. Why isn’t this happening in health care?