The Economists' Voice: Top Economists Take On Today's Problems featured a core collection of accessible, timely essays on the challenges facing today's global markets and financial institutions. The Economists' Voice 2.0: The Financial Crisis, Health Care Reform, and More is the next installment in this popular series, gathering together the strongest essays published in The Economist's Voice, a nonpartisan online journal, so that students and general readers can gain a deeper understanding of the financial developments shaping their world. This collection contains thirty-two essays written by academics, economists, presidential advisors, legal specialists, researchers, consultants, and policy makers. They tackle the plain economics and architecture of health care reform, its implications for society and the future of the health insurance industry, and the value of the health insurance subsidies and exchanges built into the law. They consider the effects of financial regulatory reform, the possibilities for ratings reform, and the issue of limiting bankers' pay. An objective examination of the financial crisis and bank bailouts results in two indispensable essays on investment banking regulation after Bear Stearns and the positives and negatives of the Paulson/Bernanke bailout. Contributors weigh the merits of future rescues and suggest alternative strategies for addressing the next financial crisis. A final section examines a unique array of topics: the stability of pension security bonds; the value of a carbon tax, especially in fostering economic and environmental sustainability; the counterintuitive perils of net neutrality; the unforeseen consequences of government debt; the meaning of the Google book search settlement; and the unexploited possibilities for profit in NFL overtime games.
1 The Health Care Reform Legislation: An OverviewChapin White2 The Simple Economics of Health ReformDavid M. Cutler3 The EconomicsMark G. Duggan and Robert Kocher4 Can the ACA Improve Population Health?Dana P. Goldman and Darius N. Lakdawalla5 Systemic Reform of Health Care Delivery and PaymentHenry J. Aaron6 How Stable Are Insurance Subsidies in Health Reform?Mark V. PaulyFinancial Market Regulatory ReformSpecial Issue EditorJonathan Carmel7 Financial Regulatory Reform: The Politics of DenialRichard A. Posner8 Government Guarantees: Why the Genie Needs to Be Put Back in the BottleViral V. Acharya and Matthew Richardson9 How Little We Know: The Challenges of Financial ReformRussell Roberts10 Finding the Sweet Spot for Effective RegulationR. Glenn Hubbard11 A Recipe for Ratings ReformCharles W. Calomiris12 Should Banker Pay Be Regulated?Steven N. Kaplan13 Fixing Bankers' PayLucian A. Bebchuk14 It Works for MergersAaron S. Edlin and Richard J. GilbertFinancial Crisis and Bailouts15 Hedge Fund WizardsDean P. Foster and H. Peyton Young16 Investment Banking Regulation After Bear StearnsDwight M. Jaffee and Mark Perlow17 Why Paulson Is WrongLuigi Zingales18 Dr. StrangeLoan: OrAaron S. Edlin19 Questioning the Treasury's #700 Billion Blank Check: An Open Letter to Secretary PaulsonAaron S. Edlin20 Auction Design Critical for Rescue PlanLawrence M. Ausubel and Peter Cramton21 A Better Plan for Addressing the Financial CrisisLucian A. Bebchuk22 Please Think This OverEdward E. Leamer23 Is Macroeconomics Off Track?Casey B. Mulligan24 If It Were a FightRobert J. Barbera25 Comment on Barbera: Your Gift Will Make You RichCasey B. MulliganInnovations in Policy and Business26 Pension Security Bonds: A New Plan to Address the State Pension CrisisJoshua Rauh and Robert Novy-Marx27 Carbon Taxes to Move toward Fiscal SustainabilityWilliam D. Nordhaus28 Net Neutrality Is Bad Broadband RegulationRobert E. Litan and Hal J. Singer29 Trills Instead of T-Bills: It's Time to Replace Part of Government Debt with Shares in GDPMark J. Kamstra and Robert J. Shiller30 The Google Book Settlement: Real Magic or a Trick?Pamela Samuelson31 The Stakes in the Google Book Search SettlementPaul N. Courant32 The NFL Should Auction Possession in Overtime GamesYeon-Koo Che and Terrence Hendershott
