Peter Orszag

What’s Slowing Health Costs?

A new set of projections released last week by Medicare’s actuaries has drawn much attention, in part because it suggests the deceleration in the growth of health costs we’ve seen over the past few years is ephemeral. The actuaries attribute the slowdown to the “lingering effects of the economic downturn and sluggish recovery” and to… Read more »

Here’s a Practical Way to Fight Childhood Obesity

Although childhood obesity in the U.S. is a stubbornly difficult problem, some progress is being made. And the new organizations fighting obesity offer larger lessons for national policy. This month — National Childhood Obesity Awareness Month — has brought more evidence that obesity in youngsters leads to health problems throughout life. A study overseen by… Read more »

Nonprofits Are Growing. What Is It They Do?

The U.S. nonprofit sector has survived surprisingly well since the 2008 financial crisis. Even during the depths of the downturn, its revenue rose steadily. Today, nonprofit sales of goods and services to households amount to almost $1 trillion a year — or more than 5 percent of gross domestic product. This continues a longer trend…. Read more »

With So Many Job Openings, Why So Little Hiring?

An odd puzzle is taking shape in the labor market: Over the past three years, the number of job openings has risen almost 50 percent, but actual hiring has gone up by less than 5 percent. Companies are advertising a lot more jobs, in other words, but not filling them. To get some sense of… Read more »

Why Medicare Fixes Will Lead to More Hospital Mergers

Improving the U.S. health-care system requires encouraging low-value doctors and hospitals to practice as well as high-value ones do. The gap between the two is wide, but that only shows how much room we have for improvement. Costs vary wildly across regions, among hospitals within a region, and even among doctors within a given hospital…. Read more »