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Since my last post some time ago, I’ve been working on a piece that I hope will better explain what is happening in the healthcare labor economy and its contrast to what is going on outside healthcare. Certainly much has changed in the general economy over the past six months, and more recently some exceptionally dramatic and . . . → Read More: Details on the Healthcare Labor Force This blog began around the compelling evidence mounting around the shortage of RN’s. The graph below is another view the result of a National Institute of Health publication of 2004, showing the demand for nurses (green line) against the supply based upon various assumptions on increasing supply of graduates. Still this isn’t the story, but rather . . . → Read More: Three Things All Nurses Should Know In today’s Real Time Economics section of the Wall Street Journal appeared a piece entitled “Thaler on Nudging People to Make Better Choices” that is certainly worthy of comment.The net of the piece speaks of an upcoming book entitled “Nudging” in which Dr. Richard Thaler, professor of Economics at the University of Chicago, along with . . . → Read More: Nudging Nonsense Against Reason Discussed in earlier posts, is a growing concern over the increasing demand for healthcare services, and shrinking number of providers. On April 14th of 2008, the Institute of Medicine published an exceptional report entitled “Retooling for an Aging America: Building the Health Care Workforce”. . . . → Read More: Institute of Medicine Report on Heatlh Care Workforce In 1943, the Economist F. A Hayek wrote: “One need not be a profit to be aware of impending dangers. An accidental combination of experience and interest will often reveal events to one man under aspects which few yet see.” Hayek was writing at a time when totalitarian socialism was running a muck in Europe and among . . . → Read More: Experience and Interest over Position and Intellect |
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