Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.
The Affordable Care Act will have a varied impact on health spending by individuals and families, depending primarily on their income and whether they would have been uninsured in 2016 without the program.
The United States still has the economic muscle to shape important aspects of the international environment, but high government debt in the future may undermine its economic instruments of power and its ability to influence global conditions through nonmilitary means.
Economic cooperation between Turkey and Iran has increased over the past decade — mainly due to Iran's vast oil and natural gas reserves — but the degree of cooperation between the two nations should not be exaggerated.
The common policies of the EU countries have paid off. For the first time, there are euro and cent calculations to prove that the transferal of policies to the EU level, and their funding through the EU, actually saves national governments money.
States that choose not to expand Medicaid under federal health care reform will leave millions of their residents without health insurance and increase spending on the cost of treating uninsured residents, at least in the short term.
A new federal law allowing young adults to remain on their parents' medical insurance through age 25 has shielded them, their families, and hospitals from the full financial consequences of serious medical emergencies.
The rising cost of Medicare can be cut through strategies such as increasing premiums and raising the eligibility age, but those moves could drive many elderly Americans from the program, leaving them with limited access to health services.
Expanding Medicaid in Pennsylvania under the Affordable Care Act would boost federal revenue to the state by more than $2 billion annually and provide 340,000 residents with health insurance.
India and Pakistan each have a stake in influencing developments in Afghanistan and both countries engage in Afghanistan to advance their own respective geopolitical, defense, and economic objectives. However, India has far more to offer.
Energy purchases made by the U.S. Department of Defense do not influence world oil prices, making cutting fuel use the only effective choice to reduce what the Pentagon spends on petroleum fuels.
Eliminating a key part of health care reform that requires all Americans to have health insurance would sharply lower the number of people gaining coverage, but would not dramatically increase the cost of buying policies through new insurance exchanges.
With the need for HIV services in developing countries rising and the availability of funding flat or declining, existing resources should be better leveraged to help provide life-saving services to more people in need.
To avoid direct military conflict with China, the United States should adopt a parallel strategy that strengthens the defense capabilities of China's neighbors while inviting China into cooperative security endeavors that benefit the interests of both nations.
As India and China continue to grow in prominence, each nation has certain advantages, but neither one is primed to have clear across-the-board competitive advantages over the other.
Up to 18 percent of Hawaii's economy can be linked to spending by the U.S. Department of Defense — an average of $6.5 billion per year during fiscal years 2007-2009. Of that, $4.1 billion was for personnel and $2.4 billion for the purchase of goods and services in Hawaii.
RAND has signed an agreement to help the Guangzhou Economic and Technological Development District in Guangdong Province, People's Republic of China, to develop a strategic plan for a system of policies, incentives, and other practices to support technological innovation in Knowledge City, a planned new development for 300,000 residents.
The recently enacted federal health care reform law provides health insurance coverage to the largest number of Americans while keeping federal costs as low as reasonably possible.
Profiles created for physicians based on the cost of the care they provide can vary widely depending upon the methods used by insurance companies to create the profiles.
A first-of-its-kind study examining the long-term economic consequences of childhood psychological disorders finds the conditions diminish people's ability to work and earn as adults, costing $2.1 trillion over the lifetimes of all affected Americans.
Increasingly common insurance plans that encourage patients to receive care from physicians who keep medical costs lower are based on unreliable estimates of doctor performance and may not achieve the intended savings.