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Policy Watch: Medicare

By Joseph P. Newhouse

Journal of Economic Perspectives, Summer 1996

The forecast growth for Medicare spending has created a highly visible budgetary impasse between the president and Congress. Both favor the growth of health plans that accept risk and would promote them by creating less restrictive options than heretofore...

Training and Lifetime Income

By Burhanettin Kuruscu

òòò½Íø Review, June 2006

This paper challenges the notion that on-the-job training investments are quantitatively important for workers' welfare and argues that on-the-job training may not increase lifetime income by more than 1 percent. I argue that it is very difficult to recon...