Why don’t people buy natural disaster insurance?

That is the topic of a paper by Katherine Wagner (2022). The paper won the 2025 American Economic Journal: Economic Policy best papers award (despite being published 3 years ago). In her paper, Dr. Wagner uses data from 20 US Atlantic and Gulf Coast states between 2001 and 2017. Housing valuation data come from Zillow…

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Residency and Parenting Are Incompatible

By EMILY JOHNSON  Being a parent during residency requires one or more of the following: ●     Family and/or friends nearby who are willing and able to provide free childcare ●     A stay-at-home spouse/co-parent ●     A spouse/co-parent who is willing to let their own career to be a distant second…

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Quantifying the Impact of Medicaid Expansion

How did Medicaid expansion under the Affordable Care Act impact health insurance coverage, cost and mental health? That is the question asked by Andreyeva, Rochford and Marthey (2025). They use 2011-2019 data from the Behavioral Risk Factor Surveillance System (BRFSS) to examine outcomes for Americans aged 26–54 with at least one child living in the…

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Why Cameras Are Popping Up in Eldercare Facilities

The assisted living facility in Edina, Minnesota, where Jean Peters and her siblings moved their mother in 2011, looked lovely. “But then you start uncovering things,” Peters said. Her mother, Jackie Hourigan, widowed and developing memory problems at 82, too often was still in bed when her children came to see her midmorning. “She wasn’t…

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California Halts Medical Parole, Sends Several Critically Ill Patients Back to Prison

SACRAMENTO, Calif. — California has halted a court-ordered medical parole program, opting instead to send its most incapacitated prisoners back to state lockups or release them early. The unilateral termination is drawing protests from attorneys representing prisoners and the author of the state’s medical parole legislation, who say it unnecessarily puts this vulnerable population at…

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This week in Pharmaceutical policy under President Trump

Tariffs on pharmaceuticals. First, President Trump has voiced his goal to impose tariffs on pharmaceutical products made overseas. The New York Times reports: Mr. Trump said in remarks to reporters on Monday that pharmaceutical tariffs would come in the “not too distant future.”“We don’t make our own drugs anymore,” Mr. Trump said. “The drug companies…

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