Read — 2014/07/07
Today’s selection of articles includes:
- “Sarkozy, Plagued by Accusations, Sees Left-Wing Plot to Destroy Him“, by Dan Bilefsky and Maïa de la Baume (NY Times). An aggressive legal campaign hamstrings Sarkozy’s chances at a 2017 presidential campaign.
- “The Risks of Hospital Mergers“, by The Editorial Board (NY Times). Diminished hospital competition leads to higher health care prices.
- “Our Mismeasured Economy“, by Lew Daly (NY Times). M Daly cites (1) government-funded consumption misclassified as private consumption, (2) ignored returns on public investment, (3) ignored benefits from regulation, and (4) ignored benefits from nonmarket capital (e.g., education).
- “Time for U.S. Firms to Earn Stock Investors’ Faith“, by Alexandra Scaggs (Wall Street Journal). Investment managers interviewed for the article appear optimistic about immediate and especially medium-term profit growth.
- “The problem isn’t America’s college. It’s America’s students.“, by Libby Nelson (Vox). Actually, the article argues that the problem is the baseline-free measure used to assess higher education: the focus should be on the change in educational level after versus before graduation (i.e. value added), not simply after.