Here is a really interesting article comparing the airline industry to the public health system, with full service hospitals being the legacy carriers, serving everyone and subsidizing low fare services with high fare ones. Specialty hospitals are the upstart airlines, able to focus on only providing profitable services. And as they all cut capacity to remain profitable, what happens when crisis hits? We just saw what happens to airlines when a blizzard strikes; so what happens to hospitals when a pandemic hits?
Tag Cloudamerica apple art auto bailout ayn rand bailout barack obama bonuses bubble Business citigroup congress consumerism consumption corporate culture corruption culture deficit democrats economics economy education entrepreneurs Environment equality facebook financial crisis financial meltdown food free market gitmo goldman sachs google GOP greed health care health care reform income inequality insurance internet john boehner john mccain libertarian lobbyists marketing McCain morals movies music Obama Philosophy photography politicians Politics Pop culture regulation Religion republicans richard posner sacrifice san francisco Sarah Palin silicon valley supreme court taxes tea party tech bubble Technology Ted Stevens terrorism Trends unions venture capital wall street wealth