When we discuss bending the health care cost curve, two questions arise: “Which curve?” and “Short run or long run?” In this post, I focus on the curve represented by the growth rate in national ...

There's a proven way to drive down defense acquisition costs, and it works especially well for the complex, high-tech platforms prone to big cost overruns. You've heard of it: the learning curve. It ...

Marginal cost is the added expense of producing one more unit. A horizontal marginal cost curve indicates consistent production costs. Businesses may aim to maintain horizontal costs to stabilize ...