Noted & Quoted
“Some Democrats view Medicare as a successful cost controller, pointing to its low administrative overhead, which they peg at 3 percent. But that figure ignores an inconvenient truth: Medicare’s unfunded liabilities, estimated at about $34 trillion.”
— Professor Regina Herzlinger, with U.S. Senator Tom Coburn (R-OK), writing on health-care reform (Huffington Post, April 27, 2009).
“True reform will require both moving toward universal insurance coverage and restructuring the care delivery system. These two components are profoundly interrelated, and both are essential.”
— University Professor Michael Porter on health-care reform strategy (New England Journal of Medicine, July 9, 2009).
“There are relatively fewer and fewer consumers willing to pay a premium or suffer a deficit in product quality in order to be patriotic and buy American.”
— Professor John Quelch on why GM can’t rely on a buy-American pitch to sell cars anymore (American Public Media’s Marketplace, July 6, 2009).
“Despite the hype about Google’s innovation prowess, the company hasn’t proven that it can build sustainable new growth businesses.”
— Scott D. Anthony (MBA ’01), president of Innosight, an innovation consulting company, writing about Google’s new Chrome operating system (Huffington Post, July 13, 2009).
“Echo boomers are larger than the baby boomer population. Couple that with immigration and you have the seeds, the possibility of a housing recovery.”
— HBS lecturer Nicolas Retsinas, director of Harvard’s Joint Center for Housing Studies (Reuters, June 22, 2009).
