Group items tagged

This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.

This article talks about brand loyalty, but specifically how the american consumer is caring less about the brand. it is reported that when making an economic decisions, only 25% of the decision is weighted by the brand, a huge drop from 40%. This fact alone, reported by Ernst and Young, has changed many CMO's approach to marketing.

The article talks about positive externalities in relation to hybrid cars. The marginal private cost is higher than the marginal social cost therefore there is an excess demand for P1 price. it then talks about how the government wants to subsidize hybrid cars that are more eco friendly and gas efficient but they aren't that subsidized as other projects are more important such as health care

Healthcare is considered a public good. However, this article explains why health care costs so much in America. It states that doctors are being pressured to fill the empty beds in hospitals because of money.

This article first reminds the reader how theoretical perfect competition is so monopolies are inevitable. It goes on to talk about how there are benefits of having monopolies like Google. 

The article is about how the 'President Barack Obama's administration's health care act has come under fire for mandating that business owners pay for a portion of their employees' contraceptives'. But it also talks about religious principles and religious freedom from the actions taken by the government.

A combination of lower imports and increased exports have led to an improvement in the balance of payments of the country of Lebanon. The country has in past years imported several times more the amount that it exports, which had led to a great deficit of trade. Due to a slowing economy, imports have decreased enough to begin to improve the deficit. In addition, an emphasis placed on the service export sector (health care, education, etc.) has contributed to the improvement.