Dear Friends, I recently took on the role of Commission Director for the Food System Economics Commission—an independent, interdisciplinary academic commission working to deliver a state-of-the-art scientific assessment on the economics of the transition to healthy, inclusive and sustainable food systems. Food systems at all levels suffer from flawed design, supply chain vulnerabilities, and compounding … Continue reading Food System Economics Commission—Why now?
Generative economics is rooted in a simple insight: that economic activities can have corrosive or generative impacts on future available resources. The dynamics of an economic environment can add another layer of corrosive or generative potential to the activities in question. Analysis can be subtle, however, because generative qualities are often not the focus of conventional thinking or play out over the long term.
New trends in corporate benefits offerings show evidence of the substantial generative potential of health and fitness benefits for employees. Even as major corporations have cut jobs and reduced pension offerings, major employers have increased funding for employee access to fitness facilities. And there appears to be substantial value added, over time, from doing so.
8 crucial ideas for solving the healthcare crisis
We don’t have a good answer for how to solve healthcare in America. Let’s start there. Every interest group sees the problem differently, depending on immediate interests, learned perceptions, or advertised distortions. But the fact is, every interest group has some overlap with others, and there is a lot of common ground to be had, if we put ideology aside and try to focus on the problem itself. The problem is severe enough that neary 50 million people are without healthcare coverage, and another many millions are underinsured, not guaranteed to have necessary treatments covered, for one reason or another.
Some blame malpractice insurance costs, some blame pharmaceutical drug costs, some blame malpractice lawsuits, some blame greedy insurers, greedy doctors, or stingy public-funding programs. And they are all right. But the one group that is not ripping anyone off and that has no interest in costs continuing to escalate, is the average patient. Others fall into the category of innocents, but we have to recognize that the average person has zero control over these egregious failings of the system and does not want to see them prolonged.