Barriers? We Don’t Got No Stinking Barriers!

“There are no barriers [that discourage new entrants to the hearing aid industry].  New entrants simply have to comply with regulations intended to safeguard our patients. This excerpt from a recent post on the PCAST report gives pause, prompting switching of hats from Audiologist to Economist. Though Hearing Economics has written on market barriers before,…

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http://www.servicesource.com/blog/cloud-services-deja-vu/

Audiologists Get That Strange, Queasy Feeling

Tom Northey’s  14-year-old discussion of the future of Audiology continues today with a look at his Recommendations for Audiologists. In 2000, he predicted a world of Audiology survivors and losers and advised Audiologists to start thinking beyond hearing aids as a primary survival strategy.  Easy to say not so easy to do. Last post finished on a…

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http://www.leanblog.org/2012/03/funny-the-most-interesting-lean-thinker-in-the-world/

Who Are We and Why? Hearing Economics Gets all Dark and Existential

Hearing Economics is forever asking Why–usually more than 5 times– especially when it comes to the Why of hearing aid prices.  The Pricing series has asked the Whys of manufacturing costs, retail Price, and wholesale pricing for different dispensing models. The Why of “markup”  shows that net profit–the true markup–is well below $100/hearing aid. That…

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http://talentthread.com/2013/05/20/got-mooc/

Got MOOC?

Audiologists’ educations are way too expensive according to many consumers, all of whom are students. Their view is expressed and examined in a post series that dares to question the value of an AuD degree.  That question requires exploration of many factors:  economic preferences, attitudes, post-graduate salaries, 4th year internships, faculty expertise, gender politics…. and on…

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Econ 202: Let Them Eat Cake, Monopolists at Work

“My position on cake is pro-having it, and pro-eating it.”  Boris Johnson, colorful British politician I’m with Boris and Marie on that one — cake for all… who can afford it.  And I want to make all the cakes.  In short, I’m a born Monopolist.  I’ll bet you are too.  So, why aren’t we all…

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