How U.S. Government Paper Currency Began, and How Private Banknotes Ended
Lawrence H. WhiteA couple months ago, in arguing that “The Fed should give everyone a bank account,” journalistMatt Yglesias cited what he took to be an instructive precedent: “Once upon a time, governments didn’t issue paper currency, and instead banknotes were printed privately by banks. But over time, we came to see this as a worthwhile public service.” His first sentence is certainly correct. Banknotes were redeemable paper claims on the issuing banks, which c irculated as currency. Systems of freely competitive note‐issueworked quite well, as in Canada and Scotland, with the notes of different banks ...
Source: Cato-at-liberty - May 20, 2021 Category: American Health Authors: Lawrence H. White Source Type: blogs
Judicial Checks on Abuse of the National Security Rationale: The Case of Xiaomi
ConclusionsA review of the Xiaomi designation as a CCMC was clearly warranted, but the issues here go beyond Xiaomi. What the Biden administration needs to do is carry out a broader review of the Trump administration’s invocations of “national security.” (The Biden administration alreadystarted such a review on the TikTok and WeChat bans.) National security is undoubtedly a real concern, but the Trump administration applied it arbitrarily and, in some instances, as a disguised means of protectionism. An overbroad approach to the issue could undermine legitimate security concerns by calling in to question the c...
Source: Cato-at-liberty - April 6, 2021 Category: American Health Authors: Simon Lester, Huan Zhu Source Type: blogs
COVID-19: Learning From Bitter Political Experience?
Ryan BourneWhy did some countries deal with COVID-19 better than others?Books, academic journal articles, and PhD dissertations will be written on that subject, with analysis having to contend with a vast array of country ‐specific variables that could, conceivably, have affected public health outcomes. But public choice economics offers up one underexplored way to think about the quality of responses: as driven by political incentives.Despite claims by economists such as Mariana Mazzucato that governments are forward ‐looking, there’s a good reason to suspect they will be ill ‐prepared when it c...
Source: Cato-at-liberty - April 1, 2021 Category: American Health Authors: Ryan Bourne Source Type: blogs
Why We ’re Keeping Hong Kong in Our Freedom Index
Ian V ásquezNow that Beijing has crushed Hong Kong ’s autonomy, some are asking whether it makes sense to still rank Hong Kong in international indexes such as ourHuman Freedom Index. We will continue to do so, as I explained last month in this statement I released in response to press inquiries:“The Cato Institute and Fraser Institute intend to continue including Hong Kong in the Human Freedom Index, which we co‐publish. We believe that the territory’s trajectory, from a former British colony to a special administrative region of China, is a unique case study worthy of continued attent...
Source: Cato-at-liberty - April 1, 2021 Category: American Health Authors: Ian V ásquez Source Type: blogs
The Macro View – Health, Economics, and Politics and the Big Picture. What I Am Watching Here And Abroad.
March 25, 2021 Edition. ----- The big news this week from the US were the 2 days of talks between the US and China to see just where the relationship was and what could be done to improve things. The outcome was that the 2 sides are very far apart and totally lack any trust of each other. We are in for a pretty testy 4 years I would suggest with the issues around Hong Kong, the re-education camps and Taiwan being right up there as causes of conflict. Otherwise it seems Asian Americans seem to be in a bad place with abuse etc. based on their race and blame for COVID-19 and an apparent major pick up in the US eco...
Source: Australian Health Information Technology - March 25, 2021 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs
COVID-19 and International Freedom of Movement: a Stranded Human Right?
Fernando Dias Sim ões (The Chinese University of Hong Kong), COVID-19 and International Freedom of Movement: a Stranded Human Right?, The Chinese U. Hong Kong Faculty of L. Research Paper No. 2021-07 Governments confronted with a pandemic have a ‘knee-jerk’ reaction... (Source: HealthLawProf Blog)
Source: HealthLawProf Blog - March 12, 2021 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs
Lessons on effective knowledge networks to support pandemic response
From the early days of the COVID-19 pandemic, we have observed remarkable, global cooperation as health care providers scramble to address new challenges. Leaping to one another ’s aid, clinicians have deepened relationships and formed new connections, in the process solving thorny problems with extraordinary speed. From Belfast to New York, Madrid to Bergamo, Hong Kong […]Find jobs at Careers by KevinMD.com. Search thousands of physician, PA, NP, and CRNA jobs now. Learn more. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - March 5, 2021 Category: General Medicine Authors: < span itemprop="author" > < a href="https://www.kevinmd.com/blog/post-author/pierre-barker-joe-mccannon-pedro-delgado" rel="tag" > Pierre Barker, MD, Joe McCannon, and Pedro Delgado < /a > < /span > Tags: Policy Source Type: blogs
Skin-Like Sensor for Fine Control of Prosthetic Arms
Researchers at the City University of Hong Kong have developed a soft sensor for sensitive measurement of shear forces applied to its surface. When attached to robotic grippers, the tactile sensing allows for fine control of grasped objects, enabling the robot to perform impressive feats, such as threading a needle and gripping an egg without breaking it. The researchers hope that the sensor may be useful for next-generation prostheses that can accomplish tasks that require very fine control.
Human skin is adept at detecting shear force, which is the force that occurs when two objects slide over each other. When you fee...
Source: Medgadget - March 3, 2021 Category: Medical Devices Authors: Conn Hastings Tags: Materials Rehab Source Type: blogs
Causation and the Problem of Inter-Disability Discrimination in Hong Kong
Kevin D. J. Lee (Prince's Chambers), Causation and the Problem of Inter-Disability Discrimination in Hong Kong, SSRN: An anomalous series of cases has held that the tort of direct disability discrimination is not made out where the plaintiff cannot compare... (Source: HealthLawProf Blog)
Source: HealthLawProf Blog - February 19, 2021 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs
The Technological Future Of Sexuality And Sexual Health
Long-distance hugs; virtual reality porn stars; technosexuals living with automated dolls; you might have caught such news snippets online, but you’ll have to get used to these with the technological transformation of sex. Indeed, if technology permeates the entire terrain of human relations, why should sex and sexuality be an exception?
Sextech is already a $30 billion-strong industry, but analyses expect it to grow further to $52.7 billion by 2026. Such devices even made their way into the popular Consumer Electronic Show in 2020 and 2021 showing that tech and sex are increasingly getting intermingled. But far fr...
Source: The Medical Futurist - February 17, 2021 Category: Information Technology Authors: berci.mesko Tags: Covid-19 Augmented Reality Bioethics Cyborgization Robotics Virtual Reality ces future science fiction technology sensors sex sexuality porn transhumanism sextech hugshirt kissenger Gatebox Alexa loneliness epidemic Source Type: blogs
For The Good of Kids and Teachers, Unions Should Stop Blocking School Choice
Neal McCluskeyIn March, at the beginning of the COVID-19 lockdowns, the CDCreported: “In other countries, those places who closed school (e.g., Hong Kong) have not had more success in reducing spread than those that did not (e.g., Singapore).” Today, that the default for schools should be in‐person instruction, especially for younger students, has beenreinforcedmyriadtimes. Add to this the release of COVID vaccines, and many jurisdictionsprioritizing teachers to receive them, and you would expect public schools across the nation to be welcoming kids back in droves.Not so fast. In Chicago, under the direction of th...
Source: Cato-at-liberty - January 26, 2021 Category: American Health Authors: Neal McCluskey Source Type: blogs
A Dose to Cure 'Medical Chaos': Medical Mediation in China
Chunyan Ding (City University of Hong Kong), A Dose to Cure 'Medical Chaos': Medical Mediation in China, 10(2) J. Comparative L. 158 (2015): The doctor-patient relationship has been deteriorating in China since 2000. Acute conflict between doctors and patients occurs... (Source: HealthLawProf Blog)
Source: HealthLawProf Blog - January 3, 2021 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs
Involuntary Detention and Treatment of the Mentally Ill: China's 2012 Mental Health Law
Chunyan Ding (City University of Hong Kong), Involuntary Detention and Treatment of the Mentally Ill: China's 2012 Mental Health Law, 37(6) Int ’l J. L. Psych. 581 (2014): The long-awaited Mental Health Law of China was passed on 26 October 2012... (Source: HealthLawProf Blog)
Source: HealthLawProf Blog - January 2, 2021 Category: Medical Law Authors: Katharine Van Tassel Source Type: blogs
Medgadget ’s Best Medical Technologies of 2020
In conclusion, 2020 will certainly be remembered for a world stopped by an pandemic. It will also stand out as a time when people came together to innovate, adapt, and improve the world around them. We wish you all a happy New Year and look forward to better times ahead, together.
Flashbacks: Medgadget’s Best Medical Technologies of 2019; 2018; 2017; 2016; 2015 (Source: Medgadget)
Source: Medgadget - December 30, 2020 Category: Medical Devices Authors: Medgadget Editors Tags: Exclusive Source Type: blogs
Has Bitcoin Succeeded?
Lawrence H. WhiteThe answer depends on what you mean. Succeeded at what?With the US dollar price of Bitcoin reaching an all-time high above $23,000 this month, and its market cap reaching an all-time high above $400 billion, there has been much celebration among Bitcoin holders about their success at investing. The run-up has accompanied the announcements by large institutionalinvestors Grayscale, MicroStrategy, and MassMutual that they are acquiring hundreds of millions of dollars in Bitcoin for their investment portfolios. There isn ' t much doubt that the Bitcoin project has succeeded remarkably at creating a new type o...
Source: Cato-at-liberty - December 28, 2020 Category: American Health Authors: Lawrence H. White Source Type: blogs
