…speech at the OCC’s “Workshop on Validation of Credit Rating and Scoring Models.” “Organizations using these models need to be as sure as they can that models work as intended—that…

…how it all shakes out, but remember, do not exclude externalities, which our economic models exclude from serious price adjusting. But that is a different story for 19th century philosophy….

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

…their primary objective of controlling costs while preserving the quality of care. Aside from some notable exceptions with group model and staff model HMOs, capitation of privatized Medicare plans has…

Higher Ed Watch reports on Sallie Mae: Last week, we wrote that Sallie Mae and its promoters on Wall Street claim the company was “blind-sided” by the rising default and…

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

…Business Cycle Model — that is the only type of classical model that any economist takes seriously as a model of short term fluctuations. Before getting to my thoughts, this…

…attempt to explain the MA business model underling this elevated level of investment. It will explore its connection to the Direct Contracting2 model now being tested by CMS. The story…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…