In health care, as in everything else, money matters. Of course, money is not the only thing that matters, but it matters a lot - perhaps more than all other factors combined. What we pay for and how we pay for it profoundly affect the care that is provided (and not provided), the settings in...

Will deficit reduction lead to stronger growth and job creation in the short run? Recent IMF research provides an answer to this question. Evidence from data over the past 30 years shows that consolidation lowers incomes in the short term, with wage-earners taking more of a hit than others; it...