Fiscal Dominance and Fed Complacency
ConclusionWhile Fed Governor Waller provides a strong case for Fed independence and for separating fiscal from monetary policy, his complacency about the risk of fiscal dominance ignores historical episodes of capturing the Fed for fiscal purposes during peacetime. In particular, since 2007 the Fed has moved closer to fiscal dominance by its i ntrusion into the fiscal space, using Section 13(3) emergency credit allocation and lending (e.g., housing finance, corporate debt, municipal bonds, and Main Street lending), and monetizing government debt. Moreover, with rising levels of debt to GDP, there is a plausible case tha...
Source: Cato-at-liberty - April 8, 2021 Category: American Health Authors: James A. Dorn Source Type: blogs
The New Deal and Recovery, Part 11: The Roosevelt Recession, Continued
George Selgin" Massive jolts of New Deal spending had stopped the economic slide, [but the economy crashed again when] over two years, FDR slashed government spending 17 percent. " (From a 2011NPR presentation.)Inthe last installment of this series, I discussed the hypothesis that the 1937 collapse resulted from an ill-conceived tightening of monetary policy to which both the Fed and the Treasury contributed.While authorities differ in the degree of responsibility they assign to each, there ' s widespread agreement that, between them, instead of merely extinguishing a boom, as they intended to do, both Fed and Treasury off...
Source: Cato-at-liberty - March 2, 2021 Category: American Health Authors: George Selgin Source Type: blogs
A North Carolina Pediatric Hospitalist Tells Her Pandemic Story to Senator Richard Burr: Thirteen Months (And Counting) In Medical Whistle-blower Hell - Courtesy Of Private Equity/For-Profit Healthcare And Cruelly-Indifferent/Morally-Bankrupt State & Federal Oversight
Author ' s Note: I cannot " sound-bite " the last year - and perhaps it ' s time to write the book. Scroll about half-way down to read the letter to Senator Burr. The bottom line is that for thethird time in 23 years, as a Pediatrician staffing a community hospital, I was fired " with-out cause " immediately after intervening in a neonatal ( " bad baby " ) case, rescuing the situation/ " saving " the baby, and reporting it INTERNALLY to Peer Review. NO discussion. NO recourse. NO review. A total cover-up. And EVERY SINGLE TIME I ' ve asked the state/Federal government to enfor...
Source: Dr.J's HouseCalls - February 28, 2021 Category: American Health Tags: ACA Apollo Global Management ApolloMD Ballad Heath Central Carolina Hospital CMS Duke Lifepoint ETSU Medicaid Medical Whistleblower NCDHHS Pandemic Quality Assruance Randolph Health Richard Burr Trump Source Type: blogs
5 Ways Digital Health Can Help Athletes Break Records
By winning his 7th Super Bowl on February 7th, 2021, Tom Brady made it to the American football history pantheon for winning the most rings, and also for making the most Super Bowl appearances (10). But at 43, he also broke the record for being the oldest quarterback to lead his team to win a Super Bowl. Skipping fruits and infrared rays-emitting pyjamas aside, Brady must be doing something right to maintain such longevity to his athletic, record-breaking performance.
Brady has credited this to the “TB12 Method”, a strict health and wellness regimen he co-created with his longtime trainer Alex Guerrero. His diet inv...
Source: The Medical Futurist - February 16, 2021 Category: Information Technology Authors: Pranavsingh Dhunnoo Tags: Lifestyle medicine Biotechnology Digital Health Research E-Patients Future of Medicine Genomics Health Sensors & Trackers Healthcare Design Personalized Medicine DNA football sleep smartwatch nutrigenomics sleep as android Fi Source Type: blogs
Global Supply Chains and Economic “Resilience”: (More) Evidence from the Pandemic
Scott LincicomeThe last few months have providedseveralcounterexamples to the trendy claim that “re‐nationalizing” global supply chains for essential goods would have bolstered the United States’ economic “resilience” during the pandemic (and thus is a necessity in the future). As I explain in a forthcoming paper on trade, manufacturing, and national security, these claims ne ver made much sense: “greater trade and investment openness might make an economy more vulnerable to external supply or demand shocks, but it also helps reduce a nation’s vulnerability to (and improve its recovery from) domestic...
Source: Cato-at-liberty - January 20, 2021 Category: American Health Authors: Scott Lincicome Source Type: blogs
I Wonder When They Will Start Asking For Access To The #myHealthRecord Again?
This appeared last week: Another level': Insurers chase data as sector fights for relevance By Emma Koehn January 5, 2021 — 12.00am As private health insurers battled elective surgery shutdowns, shrinking margins and economic uncertainties throughout 2020, funds started discussing data science in more detail — and pinning hopes on digital engagement to turn around their fortunes. The health insurance sector, which research firm Ibisworld estimates was worth $25 billion in 2020, had initially expected the COVID-19 lockdowns to translate into extra profits. Funds had predicted restrictions on elective surgery would resul...
Source: Australian Health Information Technology - January 14, 2021 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs
The New Deal and Recovery, Part 9: The AAA
George SelginHaving devoted thelasttwo posts inmy New Deal series to the NRA, I may have given readers the impression that I had nothing to say about the consequences of the Agricultural Adjustment Act (AAA) passed more than a month before the National Recovery Act. As this series is about the New Deal's contribution to economic recovery, you perhaps assumed that I skipped the AAA because it was a farm relief and reform measure only, and not an important part of FDR's recovery strategy.If so, you were mistaken, for I realize that FDR saw the AAA and NRA as twin pillars of his recovery plan. The NRA was supposed to boost ma...
Source: Cato-at-liberty - January 11, 2021 Category: American Health Authors: George Selgin Source Type: blogs
Fight Aging! Newsletter, January 11th 2021
This study demonstrates the potential of a natural (o-Vanillin) and a synthetic (RG-7112) senolytic compounds to remove senescent IVD cells, decrease SASP factors release, reduce the inflammatory environment and enhance the IVD matrix production. Removal of senescent cells, using senolytics drugs, could lead to improved therapeutic interventions and ultimately decrease pain and a provide a better quality of life of patients living with intervertebral disc degeneration and low back pain.
From Ying Ann Chiao of Oklahoma Medical Research Foundation: Mitochondrial dysfunction plays a central role in aging and cardiovasc...
Source: Fight Aging! - January 10, 2021 Category: Research Authors: Reason Tags: Newsletters Source Type: blogs
A Proposal to Pay for the Modernization of Congress
William YeatmanEarlier this month in theWashington Post, George Willtook aim at the Congress ’s institutional weakness. In his first two paragraphs, he empties both barrels:On Jan 3, the 111th Congress will convene. It ’s not clear why.Presidents make war without congressional involvement. The declare “emergencies” with Congress’s permission, “repurposing” monies for projects did not authorize. The Constitution vests in Congress the power “to regulate commerce with foreign nations,” but Congress has vested presidents with the power to utter “national security,” thereby justifyin g, on metal ...
Source: Cato-at-liberty - December 29, 2020 Category: American Health Authors: William Yeatman Source Type: blogs
My 2021 Trade Policy Wish List
Inu ManakIf I had to choose a word to describe the trade landscape in 2020, a strong candidate would have to bedisruption. The first three quarters of the year witnessed an8.2 percent drop in the volume of world merchandise trade, compared to last year, and it is still unclear if there will be a deeper plunge as the year draws to a close. But this downward trend, while rapidly accelerated by the pandemic, had already begun in 2019 due to increasing global trade tension. In fact, the World Trade Organization (WTO)estimated a 0.1 percent drop in merchandise trade volume in 2019, with the dollar value of world merchandise exp...
Source: Cato-at-liberty - December 28, 2020 Category: American Health Authors: Inu Manak Source Type: blogs
Podcast: Reframing Past Traumas
What is your life story? Do you feel like a victim of your circumstances? And if so, how does this affect your future? In today’s show, our guest James Sweigert, who struggled out of a traumatic childhood, shares how the power of his thoughts and the spoken word changed his life.
Are you ready to make some edits to your life story? Tune in and James will help you go from your head to your heart so you can win the game.
SUBSCRIBE & REVIEW
Guest information for ‘James Sweigert- Reframing Traumas’ Podcast Episode
James Sweigert’s childhood was challenging, to say the least. James struggled to be se...
Source: World of Psychology - November 26, 2020 Category: Psychiatry & Psychology Authors: The Psych Central Podcast Tags: General Inspiration & Hope Interview LifeHelper Motivation and Inspiration The Psych Central Show Trauma Source Type: blogs
Fight Aging! Newsletter, November 23rd 2020
In conclusion, the study indicates that HBOT may induce significant senolytic effects that include significantly increasing telomere length and clearance of senescent cells in the aging populations.
Data on the Prevalence of Liver Fibrosis in Middle Age
https://www.fightaging.org/archives/2020/11/data-on-the-prevalence-of-liver-fibrosis-in-middle-age/
Fibrosis is a consequence of age-related disarray in tissue maintenance processes, leading to the deposition of scar-like collagen that disrupts tissue structure and function. It is an ultimately fatal issue for which there are only poor treatment options ...
Source: Fight Aging! - November 22, 2020 Category: Research Authors: Reason Tags: Newsletters Source Type: blogs
What Will Shape Joe Biden ’s Health Care Agenda?
I’m thrilled to have health futurist Jeff Goldsmith back on THCB, and given Biden was only confirmed as President-elect this morning, his article on what to expect is extremely timely!–Matthew Holt
By JEFF GOLDSMITH
The Trump administration’s health care journey began with a trillion dollar near miss–the failed Repeal and Replacement of ObamaCare- and ended with a full-on train wreck, the catastrophically mismanaged COVID epidemic that will have claimed 300,000 lives by the time he leaves office. After four years of posturing and lethal incompetence, it will be a relief to see caring and pr...
Source: The Health Care Blog - November 7, 2020 Category: Consumer Health News Authors: matthew holt Tags: Health Policy OP-ED Politics THCB ACA Biden Jeff Goldsmith States Unions Source Type: blogs
A Year of Content Moderation and Section 230
Matthew Feeney andWill DuffieldMany Americans will remember 2020 as the year of the COVID-19 pandemic and the Trump v. Biden presidential election campaigns. As COVID-19 spread and the election came closer, millions of Americans took to online platforms to express their opinions, theories, and stories and to seek information. Platforms were put in the unenviable position of developing content moderation policies related to the pandemic and election season, trying to halt the spread of potentially life ‐threatening medical misinformation and political conspiracy theories.These efforts made “Big Tech” content modera...
Source: Cato-at-liberty - November 2, 2020 Category: American Health Authors: Matthew Feeney, Will Duffield Source Type: blogs
Tying Health Care Investment to Performance
By BRIAN KLEPPER and JEFFREY HOGAN
GoodRx’s planned initial public offering recently made the news, notable because the company, launched in 2011, has been profitable since 2016. Evidently, it’s become unfashionable for investors to demand proof of performance, so GoodRx’s results shone like a beacon. By contrast, most health care firms seeking funding convey bold aspirations and earnest promises. Investors throw in with them and hope for the best.
But few new entrants seem to do the necessary advanced due diligence to assess exactly where and how their product, service or innovation should be...
Source: The Health Care Blog - October 16, 2020 Category: Consumer Health News Authors: Christina Liu Tags: Health Tech Brian Klepper GoodRX jeff hogan jeffrey hogan Source Type: blogs
