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A Quiet Turn of the Revolving Door - Director of NIMH to Go Directly to Google Life Sciences
Amidst a lot of health care news, the job plans of Dr Thomas Insel, currently the director of the National Institute of Mental Health (part of the US National Institute of Health) made a very small splash.  The most comprehensive account was in the New York Times.Dr. Thomas R. Insel, the director of the National Institute of Mental Health, announced on Tuesday that he planned to step down in November, ending his 13-year tenure at the helm of the world’s leading funder of behavioral-health research to join Google Life Sciences, which seeks to develop technologies for early detection and treatment of health problems.A...
Source: Health Care Renewal - September 18, 2015 Category: Health Management Tags: NIH NIMH revolving doors Thomas Insel Source Type: blogs

The Quacktitioner Royal is a threat to constitutional government and to the health of the nation
This article has appeared, in nearly identical form, on the UK Conversation . You can leave comments there or here. The modern major-general A constitutional monarch is purely ceremonial and plays no part in politics.  Well actually in the UK it isn’t quite as simple as that. The first problem is that we have no constitution.  Things haven’t changed much since the 19th century when Walter Bagehot said "the Sovereign has, under a constitutional monarchy… three rights—the right to be consulted, the right to encourage, the right to warn." These are not inconsiderable powers in a ...
Source: DC's goodscience - July 30, 2013 Category: Professors and Educators Authors: David Colquhoun Tags: British Chiropractic Association CAM College of Medicine craniosacral Department of Health General Chiropractic Council herbal medicine herbalism homeopathy HRH Michael Pittilo Prince Charles Prince of Wales Prince's Foundation Source Type: blogs

We Shouldn’t Follow Germany on Minimum Wage
Charles Hughes President Obama included a much discussed proposal to increase the national minimum wage to $10.10, from its current level of $7.25.  To date, the proposal has gone nowhere in Congress. In the meantime, some cities and states have introduced or approved increases in their minimum wage rates. Ten states and the District of Columbia have enacted increases in the 2014 session so far. In June, the Seattle City Council unanimously voted to increase their minimum wage to $15. In San Francisco, Mayor Ed Lee followed suit and has introduced a ballot measure to increase their minimum wage to $15 an hour. German...
Source: Cato-at-liberty - July 28, 2014 Category: American Health Authors: Charles Hughes Source Type: blogs

New Study Finds Minimum Wage Increases Hurt Low-Skilled Workers
This study should give them a reason to reconsider. Recent Cato work on this topic can be found here and here. 
Source: Cato-at-liberty - December 10, 2014 Category: American Health Authors: Charles Hughes Source Type: blogs

Maine’s Recommitment to Work Requirements
Charles Hughes Last week, the Associated Press reported that more than 9,000 food stamp recipients in Maine have been removed from the program because they failed to comply with the program’s work requirements. These requirements themselves are largely nothing new, but in the years since the recession, almost every state received a waiver exempting them from these provisions. By allowing the waiver to lapse, Maine will again enforce the requirement that able-bodied adults without dependents participate in some form of work activity. These rules only apply to a small fraction of beneficiaries, just 10 percent of Maine’...
Source: Cato-at-liberty - April 1, 2015 Category: American Health Authors: Charles Hughes Source Type: blogs

Looking Back: Charles Reich and His Era
Charles Reich, who died Saturday at 91, had a brief run in popular culture as author of “The Greening of America,” the bestseller that endeavored to sell the 1968 outlook to middle-class readers as the coming thing (“Consciousness III”). His reputation was to prove much more durable in the world of law, where as a young professor he penned what was to become the most cited Yale Law Journal article ever: “The New Property,” published in 1964. In it, Reich argued that courts should treat welfare benefits, public employment, and government contracts and licenses as types of property to which current holders were p...
Source: Cato-at-liberty - June 19, 2019 Category: American Health Authors: Walter Olson Source Type: blogs

The Macro View – Health, Economics, and Politics and the Big Picture. What I Am Watching Here And Abroad.
September 22, 2022 Edition-----We will see the closure on the Mourning Period for QE!! In Australia tomorrow, We can then move on to the next big issue, which will surely be the progress in the Russo-Ukrainian war and the associated issues with China and Russia.The US seems – with the rest of the world – to be moving into recession.King Charles has now been to all his UK Realms and will now quietly let PM Trass get back to running the UK. God help her …In Australia we have to now get on with life and the economic disaster we seem to be facing.-----Major Issues.-----https://www.afr.com/politics/federal/oddly-enough-th...
Source: Australian Health Information Technology - September 22, 2022 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs

Diamond and Dybvig and the Panic of 1907
George SelginMy last post argued that, despite whatDiamond and Dybvig ' s famous theory suggests, bank runs have seldom proven fatal to otherwise sound banks. Instead, when people run on a bank, it ' s usually because it ' s already in hot water.In response to that post, a Twitter correspondent wondered whether the Panic of 1907 —the proximate cause of the reform efforts culminating in the Fed ' s establishment —was an exception to my claim, and therefore evidence of the inherent vulnerability of fractional reserve banking. The gist of my two-tweet reply was that it wasn ' t. But since 560 characters hardly allowed me ...
Source: Cato-at-liberty - December 7, 2022 Category: American Health Authors: George Selgin Source Type: blogs

Medicare Pays $220 Million a Year for Acthar Without Any Controlled Trials that Prove it Works - While We Have No Money to Develop Ebola Vaccines or Treatment?
Introduction - No Money for Ebola Vaccine DevelopmentWhile a new Ebola epidemic continues in Africa, people in developed countries are getting worried. Even the 0.1%, who may have rarely worried about our dysfunctional health care system before, are getting nervous. For example, this week, the Donald seemed panic stricken that Ebola infected American health workers might be allowed to return to the US, no matter what the precautions.  As reported by Politico,Donald Trump has a message for the Ebola patient coming to the United States for treatment: Stay out.'Ebola patient will be brought to the U.S. in a few days — ...
Source: Health Care Renewal - August 5, 2014 Category: Health Management Tags: ACTH Acthar deception Ebola virus executive compensation FDA health care prices marketing perverse incentives Questcor You heard it here first Source Type: blogs

Does Monetary Policy Have a Future?
I have chosen a provocative title, but it is fully justified. Fed officials are flying on autopilot, but the controls don ’t work anymore, or at least not reliably. Fed watchers are largely clueless. The investment community and the economy may be collateral damage.Let me begin by briefly reviewing the recent past. All through last year, Fed officials were signaling they would begin a program of rate increases. At first, there were going to be 8 increases of one quarter point. As the year progressed, the first increase faded into the future. Finally, in December 2015, the Fed finally hiked its new interest-rate targets b...
Source: Cato-at-liberty - November 2, 2016 Category: American Health Authors: Gerald P. O'Driscoll Jr. Source Type: blogs

The Macro View – Health, Economics, and Politics and the Big Picture. What I Am Watching Here And Abroad.
October 13, 2022 Edition-----In the US the recovery from Hurricane Ian, which will take years is starting as nuclear war sadly seems to be coming closer – I hope this is just sabre-rattling and no more!In China there seems to be more instability as Xi moves to term 3 of 5 years in a week or two.Liz Truss still seems to be there!In OZ we have more floods – again – and we are waiting for a new Budget in 2 weeks or so!-----Major Issues.-----https://www.theaustralian.com.au/inquirer/defence-gets-ready-for-the-fight-of-our-lives/news-story/4ea89108b822df72194742dc3eec0246Defence gets ready for the fight of our livesAlan D...
Source: Australian Health Information Technology - October 13, 2022 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs

The New Deal and Recovery, Part 24: The RFC
George Selgin(In writing this series, I allowed myself to skip over some topics. But now that I ' m turning the series into a book, to be published by the University of Chicago Press, I have to close those gaps. The most important gap by far concerns the Reconstruction Finance Corporation (RFC). Although the RFC was originally established by Herbert Hoover, the Roosevelt administration not only allowed it to survive but turned it into the largest and most powerful of all New Deal agencies. Hence a three-part essay, of which this is the first installment.)Hoover ' s New DealThere are few more successful examples in history ...
Source: Cato-at-liberty - March 17, 2023 Category: American Health Authors: George Selgin Source Type: blogs