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Do Commodities Speculators Make Things Cost More?

Harvard Business Review

Commodities trading, Adam Smith wrote in 1776 , was a boon to efficiency and a foe to famine. Or is the problem simply that speculators have taken over the market for a crucial commodity? Markets that existed mainly for the convenience of industry have become dominated by exchange-traded funds, hedge funds, and investment banks.

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Better Value in Health Care Requires Focusing on Outcomes

Harvard Business Review

Improving value can only happen when providers align the focus of their clinical teams and their market strategy on achieving excellent outcomes, and in turn invest the resources to measure and report them. Although the pricing of the model was 20% lower than the typical market price, several small, focused private providers signed on.