Word: middlemen
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...here that the real revolution lies. At the moment, India has one of the most fragmented produce-supply chains on the planet. Industry experts estimate more than 30% of all fresh produce is lost or spoils before it reaches the market. On average, goods pass through six or seven middlemen before a consumer can buy it, resulting in tortuous journeys, big markups and poor quality. Replacing that system requires not just building a modern, efficient network but adapting it to Indian conditions...
...Medicare Modernization Act of 2003. That provision forbade the Secretary of Health and Human Services to negotiate with drug companies and healthcare providers on behalf of the 43 million Americans who rely on Medicare. The current system splinters the bargaining power of America’s elderly, creating private middlemen in the form of a slew of private insurance plan providers who in turn bargain with drug companies. With less purchasing power than the whole, drug companies sell their drugs at higher prices than they would in bulk, driving up costs for the government. It is simply nonsensical that Medicare...
...rare case of technology not squeezing out the middlemen, and travel agents and stockbrokers are surely jealous. But the explanation is pretty simple: over time, the tax code has grown more and more complex, much too intricate for the average taxpayer to want to wade into. Even the Tax Reform Act of 1986, which simplified the code by taking away many tax preferences, managed to add complexity by limiting certain deductions to people falling into particular income brackets. In 2001 and 2003, just about the time tax prep technology should have been cementing its hold on the mass market, substantial...
...feds tried to cut out the middlemen in 1994 by letting students at participating schools borrow directly from the Treasury. But private lenders have held on to nearly 80% of the market by improving service and offering discounts for such things as on-time repayment. Knowing that many students choose the first entry on a school's list of "preferred lenders," lots of colleges have used these lists to get lower rates for more borrowers, and some lenders have tacked on revenue-sharing deals. "We believed it made good sense to use money that would otherwise go into Citibank...
Being accepted into Sweden is relatively simple compared with what it takes to actually get there. Iraqis say the odyssey north typically costs $10,000 per person and involves relying on a network of nameless smugglers and middlemen. Most Iraqis flee first to Jordan; from there smugglers arrange flights to Istanbul, where it is easy to find illegal European Union passports--red passports, as the Iraqis call them, which contain the refugees' real photos but use other people's names. "Daniel," 23, a Christian Iraqi student sitting in a Stockholm café, said he bought a fake Iraqi passport...