Regulations

Lack of Incentives Limits the Adoption and Deployment of New Health Technologies in Canada

The rigid bureaucracy and funding models of Canada’s healthcare systems slows the adoption of new medical technologies, to the detriment of patients, argues the MEI in this Economic Note. “Because of the lack of incentives in the current system, administrators often see the adoption of new technologies solely as a risk,” explains Emmanuelle B. Faubert, economist at the MEI and author of the publication.

Markets and Machines

Rapid advances in artificial intelligence have breathed new life into the notion that it would be possible to plan the economy given the abundance of data available. This vision, however, rests on a misunderstanding of the way the economy actually works, explains economist Peter J. Boettke in this Viewpoint published by the MEI.

Don’t gamble with airport security

Canada’s model of highly trained private security professionals providing preboarding security screening and physical security at airports could serve as a concrete source of inspiration for the long-awaited changes for TSA.

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