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Dave Burda curates a weekly email and hosts a weekly podcast discussing news that impacts market-based change.

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Exploiting Perverse Incentives: Kentucky Basketball and Prime Healthcare


  Hoping to become college basketball’s first undefeated champion in almost forty years, the Kentucky Wildcats captured the nation’s attention as they qualified for this year’s “Final Four” tournament in …

payer and regulatory policy 

When Healthcare is a “Lemon”: Asymmetric Information and Market Failure


In 1970, George Akerlof published “The Market for “Lemons”: Quality Uncertainty and the Market Mechanism” in The Quarterly Journal of Economics. Highlighting used-car sales, Akerlof explored why market failure occurs …

Supreme Court vs. Obamacare II: High Drama; Not the “Main Event”


The “Thrilla in Manila” in 1975 was Mohammad Ali and Joe Frazier’s second championship fight. In 1967, Ali refused conscription as a conscientious objector. He was convicted of draft evasion, …

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