Computer Billing in Health Care

First published on Automaticfinances.comThe Obama Administration is described as computer savvy. They apparently made excellent use of computer technology during the election campaign and continue to apply computer technologies in their White House duties. They have suggested over hauling America’s health care records system by computerizing records and billing, and reducing or eliminating paper billing and records. America’s health care system has lots of paper to save, but there is reason to worry about jobs.Monthly employment in health care...

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Parkinson's Law

Parkinson’s Law and America’s Labor Markets"Work expands so as to fill the time available for its completion."-C. Northcote ParkinsonBack in the 1950’s Mr. Parkinson published a book that started with Parkinson’s Law cited above. It was a thin book with big fonts and bigger margins. He had some stories with anecdotal material to support the law. I cannot remember a single one of the stories but they were unnecessary. No one contradicted Parkinson’s Law.Notice if you reverse the first two words Parkinson’s Law becomes a policy. Expand work so as...

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Banks and Nationalization

First published on Automaticfinances.comIn the current banking crisis there continue to be people in banking and business calling for nationalizing banks. One recent example was an article in the Atlantic Magazine titled “The Quiet Coup.” It turns out the author is from the International Monetary Fund with experience from international financial crises. He writes nationalization would not mean permanent state ownership. “It would allow the government to wipe out bank shareholders, replace failed management clean up the balance sheets, and then...

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