Why should the United States engage in broad reform of its health care? Because it must. When should health care reform begin? Yesterday would be best, but today for sure. And how should reform be done? It should focus on continuous incremental changes to the cultural, legal, and regulatory...

Since the revelation of accounting scandals at Enron, Worldcom, and several other high profile companies (quot;Enron et al.quot;) five years ago, there has been unprecedented public focus on U.S. corporate governance. A common view, articulated by many journalists, politicians, and public...

With increased angst about American health care, policy makers increasingly consider some type of single payer system. Dr. Gratzer reviews evidence from Canada and Europe, concluding that these systems are plagued by low standards and poorer health outcomes

We review the history of financial literacy, as it applies to public company audit committees; we report on a financial literacy quiz that we have given to over 1,400 members of corporate boards, not all audit committee members. We develop a classification to score the potential of corporate...

This paper draws on the progress that has occurred in other areas of regulation - specifically, the cap-and-trade program to control SO2 emissions; spectrum auctions; and dedicated-access-privilege programs for fisheries - to suggest that financial regulation would benefit from an expanded focus...

Financial literacy has assumed greater importance in our society as the result of the increasing complexity of financial products and the simultaneous cutting of economic safety nets by government, employers and even parents who worry about their own retirements. If the problem isn't solved and...

The evolution of market economies has dramatically broadened the opportunities of consumers, workers, investors, and firms. Financial services have become especially free and accessible, but also increasingly complex. For the new financial freedom to help most people, they must understand their...

Sidney Taurel, Chairman and Chief Executive Officer of Eli Lilly and Company, summarizes the latest Bush administration health care reform proposals on Health Savings Accounts (HSAs), tax credits, consumer access, medical tort reform and information technology (IT). Underlying the need for...