Business Economics

Professional journal of the National Association of Business Economists covering topics such as macro and microeconomics, monetary and fiscal policy, business forecasting, international economics, and deregulation.

Articles from Vol. 28, No. 2, April

Agoraphobia: What Ails Most of the Conservative Proposals to Reform Health Care
IN THE United States the total expenditures for and the relative price of medical care are spiralling upward at rates that, if unchecked, will increase pressures for expanding the regulation of medical care. Total expenditures are about 14 percent of...
Banking Conditions and the Credit Crunch: Implications for Monetary Growth and the Economy
FOR THE FIRST time since 1987, M2 growth did not reach even the lower bound of its target range. What is even more unusual about the weak M2 growth is that, for more than two years, M2 has been below the level that would have been forecasted to prevail,...
Emotions, Politics and Economics: An Introduction to Health Care
AS PROFESSIONAL economists, it is our responsibility, as well as our comparative advantage, to see through emotions and politics to obtain a genuine understanding of issues. Health care decisions are some of the most challenging for our profession and...
Health Care in the Twentieth Century: A History of Government Interference and Protection
HEALTH CARE COSTS and coverage have become a dominant force in almost everyone's life over the course of the past fifty years. Before many workers change employment, they must weigh the costs of changes in health coverage. Many people are left out of...
Health Care Policy Reform - in the Public Interest or for the Special Interests?
CHANGE IN public policy on health care at the federal government and state government levels is one of the major public policy areas for 1993. Hundreds of plans have been proposed by various health care provider groups, representatives of consumer groups...
Health Insurance Derivatives: The Newest Application of Modern Financial Risk Management
WE ARE IN the midst of a giant economic, business and financial revolution, particularly with respect to understanding and managing risk and uncertainty. The revolution is worldwide and is an important factor in globalizing markets. This revolution has...
How Not to Fix the Health Care Crisis
THE HIPPOCRATIC OATH provides the guiding philosophy of health care -- First, do no harm. That would be sound advice for many of the political leaders who are trying to solve our health care crisis. No one can deny that our current health care system...
Statistics Corner
PRIOR TO THE 1976 election, I participated in the preparation of a report called, "The Framework for Planning U.S. Federal Statistics." The purpose of the document was to prepare background material for revitalizing the federal statistical system after...
The Business Economist at Work: An Economist's Work in a City Planning Department
THE WORK of city planners in very broad terms is the determination of best uses of land to promote livable communities. Land-use planning at its best is coordinated with plans for infrastructure (roads, water, sewer). This combination of land-use and...
The Growth of Small Firm Jobs by State, 1984-88
DURING THE 1980s, there was ample documentation of the growing importance of small firms in creating new jobs, new products and increasing income. A portion of this research also emphasized the major role played by new small firm births, particularly...