Category: Health & Wellness

  • Does Economics Explain Why More Pitchers Are Getting Hurt?

    The greatest position player of 1970s baseball was probably Henry Aaron who was a major fan draw in ballparks around the league. Among pitchers, in the 60s, Sandy Koufax was the standout, in a decade that also boasted Bob Gibson and Don Drysdale among others. In the 1970s and 80s,…

  • Novo Nordisk: Time to Sell?

    Novo Nordisk: Time to Sell?

    Novo Nordisk shareholders have grown fat even as the obesity drug company’s customers have been losing weight. From relative obscurity just five years ago, Novo Nordisk has become the most valuable company in Europe. The promise of future returns is built into the stock price. In this post, we look…

  • What Would You Pay for an Extra Year of Life?

    What Would You Pay for an Extra Year of Life?

    What would you give up for an extra year of life? Investors, economists, traders, and other people may immediately object that the question is under-specified. Time Preference At the minimum, they would insist on knowing when they get the extra year and the quality of the year. Let’s assume that…