How Much Do Doctors in Other Countries Make?

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Top 25 Economics Blogs

The Wall Street Journal's economics bureau sifted through the sea of economics blogs and determined the top 25, with five honorable mentions. (Listed in alphabetical order.) Read the complete article here.

Why We Must Ration Health Care

You have advanced kidney cancer. It will kill you, probably in the next year or two. A drug called Sutent slows the spread of the cancer and may give you an extra six months, but at a cost of $54,000. Is a few more months worth that much? Read the complete article here.

NIMBY

Groot nieuws deze week. Een restauranthouder uit Antwerpen kan de Lange Wapper tegenhouden. Als de Raad van State het advies van de auditeur in de zaak volgt, dan zal het minstens drie jaar langer duren vooraleer de Sinjoren hun Lange Wapper in gebruik kunnen nemen. Lees de column van Van Parys hier.

The negative impact of the financial crisis on potential output necessitates an EU-led policy response

The crisis may reduce the EU’s potential output by 5% of GDP or more. This column warns that the crisis may permanently reduce the EU’s supply-side capacity unless policymakers respond with reforms. It outlines measures to address the crisis and address long-run concerns about demographic shifts, public finances, and climate change.

For the full article, click here.

Drawing conclusions about the crisis and its management

It’s time to start drawing conclusions about the global crisis. This column, the first of a two-part series, assesses the causes and nature of the problems. Although the crisis originated in financial market failings, policymakers are much to blame. Regulatory failure amplified private sector errors, and poorly planned policy responses exacerbated the troubles.

For the full article, click here.