A Call to Arms? Yahoo's Work From Home Ban
Note from Raj Echambadi: Yahoo’s CEO Marissa Mayer has set off a firestorm by instituting a telecommuting ban (click here for the story). To understand the nuances of her decision, we requested our resident expert, Ravi S. Gajendran, to comment on this story. Here are Ravi’s thoughts on this subject.
Showing up matters! At least according to Marissa Mayer, former Googler and Yahoo CEO, who recently, perhaps unwittingly, launched a broadside against the millions of Americans that telecommute by banning Yahoo employees from working from home. A leaked memo to employees argued that showing up for work at a Yahoo office was the key to enhanced collaboration and teamwork.
New Wal-Mart: Save Money and Live Healthier?
There is an interesting graphic from Minute Clinic’s (owned by CVS) presentation to investors. They expect a shortage of 45,000 primary care physicians by 2020 and physician supply is years away from catching up. On the demand side, the health care law is expected to add about 32 million new patients into the system. So what should we do to provide affordable and convenient health care access for all?
Dell computers has reportedly gone private. It is an interesting turn of events at Dell, once the darling of Wall Street. In a larger sense, this move to go private could be a good thing for Dell’s prospects.
Common Pool Resource Problems
This blog post is also cross-posted at http://larrydebrock.blogspot.com/
Economists are fond of pointing out the attractive welfare outcomes of the perfectly competitive model. Of course, economists also concern themselves with analyzing various forms of market failure. One easy example of a market failure is the monopoly outcome. However, it is quite possible to find market failure in industries that look like they should be competitive but somehow end up with less than stellar welfare outcomes.
Retail Clinics: Bad for Health care?
With rising health care costs, retail clinics, typically staffed by nurse practitioners, have increased in popularity (about 6 million visitors in 2009) due to easier access. These clinics are usually located in convenient locations and patients can visit these clinics after hours. Most importantly, these retail clinics are significantly cheaper than regular primary care physician visits. Most patients visit these clinics for simple acute conditions and these clinics are usually appropriate (and cost efficient) for diagnosing these ailments rather than visiting larger hospitals. Interestingly, a new RAND study of health insurance records, finds that these retail clinic visits reduce visiting primary care for subsequent acute new conditions by about 27% and that continuity of care is hampered leaving some health experts worried.