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Bio for Peter Orszag

Weatherproofing Cities to Face Future Sandys
Whether or not Hurricane Sandy had a connection to climate change, climate change will make future Hurricane Sandys more common, imposing enormous costs on cities.
Medicare Should Pay for Patients, Not Treatments
The recent deceleration in U.S. health-care costs appears to be at least partially structural, and not entirely due to a still-lackluster economy. That offers some hope that the slowdown will continue. Still, more needs to be done to encourage the trend.
Let the Free Market Not Bureaucrats Build Bridges
For a country that prides itself on a robust private sector, the U.S. lags behind many other nations in using the private sector to finance, build and operate infrastructure. From 1990 to 2006, for example, public-private partnerships financed five times as much transportation infrastructure in the U.K. as in the U.S. -- even though the U.S. economy is more than six times larger than that of the U.K.
Chained CPI’s Diminishing Returns for U.S. Budget
News that the White House will propose a new cost-of-living index in the budget it releases this week has brought joy to deficit scolds and consternation to defenders of Social Security.
Be Rich, Be Smart, Live Longer. Fair?
Better-educated Americans increasingly live longer than everyone else, and children from higher-income families in the U.S. are getting more education than other people. These are two of the most disturbing trends in the U.S., and it’s entirely plausible that they are related.
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