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Politics

Exploring the Atlantic Divide in Antitrust: Consumer Welfare v. Abuse of Dominance

Introduction The US antitrust standard has long been dictated by common law derived from the court system’s interpretation of “monopoly” behavior prescribed by Section 2 of the Sherman Act. From this jurisprudence, the US has upheld the consumer welfare standard of antitrust, placing a premium on innovation and efficiency that benefits consumers. Across the Atlantic, … Continue reading

Politics

Quit Rates and the Crisis of Disrespect

In this era of unprecedented labor market activity, in which job openings are skyrocketing, wages are rising, and fewer workers are transitioning from unemployment to employment, there have been several developments that have exacerbated these seemingly contradictory trends.  Although much of the story surrounding the current labor market has been focused on the barriers to … Continue reading

Politics

Congress Looks to Expand Opportunity Zones, But Should They?

By Rose Laoutaris Introduction Last month, Rep. Jim Hagedorn (MN-01) introduced the Expanding Opportunity Zones Act of 2021. This bill would increase the number of low-income communities designated as Opportunity Zones (OZs), “economically distressed” communities that receive tax advantages. These exist in every state, and deferred tax savings range from 25  to 30 percent. The … Continue reading

Politics

Patient Adherence in Chronic Illness

Introduction  In the chronic illness sphere, patient adherence to prescribed medications is a major predictor of successful outcomes. Previous studies have shown that 50-60 percent of patients with chronic illnesses miss doses, take the wrong dosages, or withdraw from treatment in the first year after being diagnosed. Lack of medication adherence is associated with poorer health outcomes, and 125,000 deaths each year in the … Continue reading

Politics

Contentment Wanted: A Closer Look at America’s Labor Shortage

Ever since April’s disappointing jobs report—which showed an increase of only 260,000 jobs against projections of over 1 million—economists, labor market specialists, and employers have all been trying to locate the source of workers’ unwillingness to return to work. By now, the concert of variables are familiar to most—the generous unemployment supplement, lack of access to childcare, fear of the virus, and inadequate pay. What has gone largely unobserved in this raging debate, however, is another … Continue reading

America / Education / Politics / U.S. Domestic Policy

School Choice: A Bipartisan Solution to the Failures of Public Schools During the COVID-19 Pandemic

By Rose Laoutaris Introduction The issue of school choice has been debated for decades between parents, teachers, and politicians. While the idea is not necessarily new, the concept of school choice became popular after Milton Friedman published his book, “The Role of Government in Education,” and in response to the increasing control state and federal … Continue reading

Healthcare

Artificial Intelligence in Healthcare

Introduction  Artificial Intelligence (AI) has already begun to transform industries around the world and is continuously evolving in both the public and private sectors. AI has been shown to increase business productivity by up to 40% and is predicted to help grow the global GDP $15.7 trillion in total by 2030.  In health care, AI applications are projected to improve outcomes by 30-40% and reduce treatment costs by nearly 50%. Despite these seemingly positive outcomes, the ethical and legal challenges of … Continue reading

Politics

Paying ransom money may be good business, but it’s bad policy.

Faced with a growing number of ransomware attacks in the US, companies and other entities must balance the ethics of engaging with cyber criminals and the economic impact of refusing to. Until the US government creates a clear policy framework for responding to this issue, hackers will continue to reap the benefits. The federal government … Continue reading

Healthcare

Downstream Impact of Telehealth on Health Care Overuse

Telehealth exploded this past year and is expected to continue to make up a significant portion of health spending. Still, the overconsumption of healthcare remains a pressing concern in health policy, and it is important to consider how this new care model may combat or contribute to this issue. Patients receiving unnecessary or even potentially … Continue reading