Last week, U.S. Department of Transportation gave consumers a win with new rules to force airlines to automatically refund passengers in cash when flights are canceled.

But a line buried on pg. 429 of the new FAA bill says passengers would still have to jump through hoops to get the refunds they deserve.

The rare pairing of an infuriating problem and a common sense solution.

Thread on Arnab Datta and James Coleman’s piece in Slow Boring 👇

Happy Saint Totteringham's Day to those who celebrate.

I’m a wreck.

next time you’re worried about the american economy, take a look at this graph

Very happy to release my new paper with Zack Cooper Stuart Craig Lev Klarnet: 'Is There Too Little Antitrust Enforcement in the US Hospital Sector?' (zarekcb.github.io/HospitalMerger…)

In open defiance of Betteridge's Law, our answer is 'yes, absolutely.' (thread below)

🚨 New paper alert! “Is There Too Little Antitrust Enforcement in the US Hospital Sector?” with Zarek Brot-Goldberg, Stuart Craig, and Lev Klarnet that’s forthcoming in American Economic Review: Insights. TLDR: Yes…there has been way too little enforcement. 🧵

Smart ppl reacting to our medical debt study

'This is, unfortunately, not very surprising' (Patrick McKenzie )

'I'm actually surprised!' (@Noahpinion)

Think this means we're sharpening our collective prior 😊😊😊

NYT: nytimes.com/2024/04/08/sci…
Study: nber.org/papers/w32315

A sensible, pro-market, and pro-consumer reform. Travelers shouldn't have to be proactive about getting a refund when airlines fail to provide the service they were paid for.

Update:Thank you Neale Mahoney Ray Kluender Francis Wong for the follow up op-ed clarifying data and conclusions in your study re credit reporting, the impact of financial assistance, and that the age of the debt matters. This matters for policy debates. thehill.com/opinion/health…

Full text of my article Forbes: The Inconvenient Truth About Medical Debt

More than 40% of American adults have medical debt, and almost 60% of those with hospital medical debt had health insurance. It’s tempting for policymakers and private entities to provide medical debt

We've received lots of questions on the implications of our medical debt study for funders of medical debt relief.

New oped w/ Ray Kluender Francis Wong drawing out some lessons

We’re paying off medical debt wrong  thehill.com/opinion/health…

My thread walks through some results in the paper, but they naturally raise questions about what it means for policy.

Neale Mahoney, Francis Wong, and I draw out lessons we've learned and what they mean in an op-ed here: thehill.com/opinion/health…

I too drop 15 new results in 'The Tortured Job Market Paper: The Appendix'