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Older Persons' Right to Work and Productive Resources
Alan Gutterman (Ageism Project), Older Persons' Right to Work and Productive Resources, SSRN (2021): The right to work is a fundamental human right that is universally recognized as an inherent part of human dignity for persons of all ages. However,...
Source: HealthLawProf Blog - January 27, 2022 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs

The Fed ’s Astonishing Quantitative Tightening in the Great Recession
Alan Reynolds“There Was No Housing Bubble in 2008 and There Isn ’t One Now, ” concludes Ramesh Ponnuru. Writing in Bloomberg, Ponnuru notes that, ” economists David Beckworth and Scott Sumner have argued that the timing of the last housing bust does not line up with the conventional wisdom that it played a central role in the recession that began in December 2007. The housing market peaked in early 2006, and sustained nearly two years of decline before the economy stopped growing as unemployment stayed low.”“A monetaristexplanation for the Great Recession, ” he adds, “is that the Federal Reserve erred from...
Source: Cato-at-liberty - January 21, 2022 Category: American Health Authors: Alan Reynolds Source Type: blogs

Ageism, Race and Ethnicity
Alan Gutterman (Ageism Project), Ageism, Race and Ethnicity, SSRN (2021): 23% of the persons in the US who were age 65 and over in 2017 (11.8 million) were members of racial or ethnic minority populations —9% were African-Americans (not Hispanic), 4%...
Source: HealthLawProf Blog - January 14, 2022 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs

A satirical response to an orthopedic surgeon ’s letter to radiologists
A satirical response to“An open letter to radiologists from a jilted orthopedic surgeon.”“I feel as though there is a deepening rift between our two specialties.” You ask why the chasm has widened between our specialties. Well, maybe if you paid attention to me, you’d know. I’m an introverted radiologist, you’re a domineering surgeon,Read more …A satirical response to an orthopedic surgeon’s letter to radiologists originally appeared inKevinMD.com.
Source: Kevin, M.D. - Medical Weblog - December 27, 2021 Category: General Medicine Authors: < span itemprop="author" > < a href="https://www.kevinmd.com/blog/post-author/alan-weissman" rel="tag" > Alan Weissman, MD < /a > < /span > Tags: Physician Radiology Source Type: blogs

Reflections on Greenspan ’s “Irrational Exuberance” Speech after 25 Years
ConclusionMuch can be learned by reflecting on Greenspan ’s 1996 speech, especially given the global financial crisis of 2007–2009 and the current pandemic—both of which have increased the Fed’s power and weakened its independence. There is still no monetary rule to guide monetary policy, even as inflation has reared its head once more. What jumps out from Greenspan’s speech is how he posed a problem that the Fed never solved, and then made things worse.The New Year will test the Fed ’s resolve to taper QE, “normalize” interest rates, and slow inflation. With unprecedented fiscal deficits and debt, at least...
Source: Cato-at-liberty - December 27, 2021 Category: American Health Authors: James A. Dorn Source Type: blogs

The Fed ’s Higher Fed Funds Rate Projections Mean What?
Alan ReynoldsBefore they were awash with reserves, banks often paid interest to other banks in the “federal funds” market if they needed more reserves to support more lending (due to reserve requirements). Since 2008 and massive “quantitative easing” (buying federal debt with new reserves), reserve requirements stopped limiting commercial bank credit. The Federal Reserve instead paid an interest rate on reserve balances (IROB)– which effectively sets a floor under the fed funds rate.Members of the Federal Open Market Committee, the Fed ’s policymaking arm, announced on December 15 that their median projection ...
Source: Cato-at-liberty - December 21, 2021 Category: American Health Authors: Alan Reynolds Source Type: blogs

Turkey Hopes to Restore Currency Confidence
Alan ReynoldsTurkey is at least  trying to stabilize exchange rate expectations, though it is not clear if they have a  sustainable strategy to do that.When people at home and abroad lose confidence in a  country’s currency, the time‐​tested ways to stop the inflationary rush to get rid of the shrinking currency are to firmly link the unit of account (Turkish lira) to a more credible currency such as the euro or dollar ­– preferably through full convertibility (a currency board).In 1993, the Istanbul Chamber of Commerce invited me to spend a  week consulting with Turkish businessmen there and government offic...
Source: Cato-at-liberty - December 21, 2021 Category: American Health Authors: Alan Reynolds Source Type: blogs

Producer Prices for Goods Rise and Fall with Oil Prices
Alan ReynoldsEver since Federal Reserve Chairman Jerome Powell described cyclical or COVID-related elements of inflation as "transitory" (an ambiguous phrase now retired), critics repeatedly seized onyear-to-year changes in price indexes as evidence that inflation was insteadaccelerating every month.As I have noted before, however, the stubborn rise in year-to-year inflation —even when monthly rates slowed in the third quarter—was partly because ofbase effects (prices indexes were often flat or falling in the 2020 pandemic) and particularly because ofcompounding: If we keep adding the same monthly increase to a price i...
Source: Cato-at-liberty - December 16, 2021 Category: American Health Authors: Alan Reynolds Source Type: blogs

The Curious Tale of PPI Trade Service Inflation
Alan ReynoldsAnother  Wall Street Journal editorial once again confuses a rising year‐​to‐​year change in a price index with a monthly inflation rate for November. A chart supposedly “shows how wholesale price have risen every month but one this year on an annual basis.” This factoid is said to be “a monumental rebuke” to the Fe d, which (because of that “annual basis” trickery) is effectively blamed for both falling prices during COVID waves as well as rising prices during reopenings.The charted year ‐​to‐​year changes in the PPI donotshow that producer prices “have risen every month,...
Source: Cato-at-liberty - December 15, 2021 Category: American Health Authors: Alan Reynolds Source Type: blogs

Unlike Next Month, the November CPI Was Dominated by Oil
Alan ReynoldsUSA Today headline says, “Inflation rate surges as CPI data shows prices rose 6.8% in November, the fastest spike since 1982. ”That 6.8% figure does not describe what happened this November at all. It measures what happened at some points in time between the brutal pandemic of 2020 (when U.S. deaths from COVID-19 rose from 908 on November 1  to 2,389 by November 30) and the much safer and stronger global economy of November 2021.To find a  record “spike” in November, we must look at monthly data, not 12‐​month changes. The graph highlights monthly changes in three categories:Energy, which has rel...
Source: Cato-at-liberty - December 10, 2021 Category: American Health Authors: Alan Reynolds Source Type: blogs

Artificial art with Wombo
The trendy AI app – Wombo – which seems to be going viral takes your words, lets you choose an art style and then generates a dream-like image from the combination. You may have seen the Rush-inpsired art I had it create in a previous post, but here are a few more created with eclectic word choices and picking from the various styles – Mystical, Dark Fantasy, Psychic, Steampunk, Synthwave etc Tidal Life The Cybermaid’s Tale Doctor Who cocktails – Daleks on the Beach Terraforming Mars for Xmas Dancing with Darth Not 50 Shades of Grey The Immigrant Song No dreaming spires Disney doesn’t d...
Source: David Bradley Sciencebase - Songs, Snaps, Science - December 7, 2021 Category: Science Authors: David Bradley Tags: Fiction Source Type: blogs

Anti-Ageism Movement
Alan Gutterman, Anti-Ageism Movement, SSRN (2021): According to a global report on ageism issued in 2021 by the World Health Organization and the UN Department of Economic and Social Affairs, every second person in the world is believed to hold...
Source: HealthLawProf Blog - December 7, 2021 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs

A physician ’s guide to the best way to invest in real estate
This article and podcast are sponsored by CityVest, providing investors with insider access to pre-screened, institutional real estate investments historically unavailable to individuals. Alan, please tell us about your background. My name is Alan Donenfeld, and I’m CEO and founder of CityVest.   Over the past 40 years, I’ve invested billions of dollars in private equity,Read more …A physician’s guide to the best way to invest in real estate originally appeared inKevinMD.com.
Source: Kevin, M.D. - Medical Weblog - December 3, 2021 Category: General Medicine Authors: < span itemprop="author" > < a href="https://www.kevinmd.com/blog/post-author/alan-donenfeld" rel="tag" > Alan Donenfeld < /a > < /span > Tags: Sponsored Practice Management Source Type: blogs

Airstrip CEO Announces New Company, Adjuvare, Focused on Virtual Acute Care Monitoring and Services
As COVID-19 accelerated the maturity of the telehealth market, we saw a real explosion of live video telehealth companies as healthcare organizations had no choice but to adopt telehealth.  As healthcare has gone back to in-person, we’ve seen a natural drawback of live video telehealth.  However, we’ve also seen ongoing investment and expansion into the […]
Source: EMR and HIPAA - November 29, 2021 Category: Information Technology Authors: John Lynn Tags: AI/Machine Learning Clinical Health IT Company Healthcare IT Hospital - Health System Telemedicine and Remote Monitoring Adjuvare Airstrip Alan Portela Dr. Patrick Soon-Shiong NantWorks Remote Patient Monitoring RPM Telehealth Source Type: blogs

Dr. Greene ’s Guide to Holiday Toy Selection
Here is my guide to toy selection. I hope it helps you with your shopping.  Categories of Healthy Toys Before making your toy selection, let’s discuss healthy categories of toys. Especially in this digital age, it is important to remember the value of play without the use of media or devices. In 2019, the journal Pediatrics published a report on how to select appropriate and safe toys in this digital era.  The report discussed the concern that electronic toys were replacing more traditional children’s toys. Although we know there is a place for healthy use of electronics, in this guide we will focus ...
Source: Conversations with Dr Greene - November 24, 2021 Category: Child Development Authors: Alan Greene MD Tags: Dr. Greene's Blog Play Toys Source Type: blogs