Immigrating to the U.S. Is The Main Way To Escape Poverty in Dozens of Countries
David J. BierImmigrating to the United States is the main way to escape poverty in many countries. For about 3  dozen countries, most of their not‐​in‐​poverty population lives in the United States. Indeed, under the developed world poverty standard of $30 per day, immigration is just about the only way to escape poverty for several nationalities. Since poverty is practically assured in their home c ountries, it should not surprise lawmakers that millions of people would risk everything to immigrate to the United States.In 2019, only about 16 percent of people in the United Stateslived below the $30‐​per‐...
Source: Cato-at-liberty - February 21, 2023 Category: American Health Authors: David J. Bier Source Type: blogs

The Path Forward for Healthcare ’s People Matching Problem
The following is a guest article by Rachel Podczervinski MS, RHIA, Vice President of Professional Services at Harris Data Integrity Solutions. Efforts to identify the right path forward for healthcare’s patient matching problem are gaining a foothold as stakeholders from across the spectrum come together to remove obstacles and implement effective solutions. Most notably, in 2022, efforts by industry organizations like Patient ID Now led to the temporary removal of Section 510 from the U.S. House and Senate Labor, Health and Human Services, Education, and Related Agencies (Labor-HHS) appropriations bills. While it was ul...
Source: EMR and HIPAA - February 15, 2023 Category: Information Technology Authors: Guest Author Tags: C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Interoperability Security and Privacy Telemedicine and Remote Monitoring Black Book Research EHR Electronic Health Records EMPI Enterprise Master Patient Ind Source Type: blogs

Higher Minimum Wages Reduce Employer ‐​Sponsored Health Insurance Provision
Ryan BourneThe debate around raising a minimum wage typically centers on how it impacts both pay and employment. The higher hourly pay for beneficiaries is measured against any reduction seen in employment due to the higher labor costs for businesses (termed “disemployment”). In theory, policymakers then evaluate if the trade‐​off is worth it.Theoverwhelming majority of academic studies still find that raising minimum wages costs jobs, particularly for young, black, and low ‐​skilled workers. But in recent decadesa large minority of studies have found no significant job loss effects, suggesting t...
Source: Cato-at-liberty - February 15, 2023 Category: American Health Authors: Ryan Bourne Source Type: blogs

A Breakdown of the Different CBDC Models
ConclusionAdditional variations of these CBDC models will likely emerge as debates move forward and new technologies are developed. For instance, this post did not discuss the distinction betweenaccount-based and token-based CBDCs. But there is one takeaway that stands out across the board.While the wholesale model may appear to be a benign version of a CBDC because it is so much like the existing financial ecosystem, it would be easy to transition from a wholesale version to a retail CBDC. So while one model may ultimately be chosen over another, it is important to keep the features of all of them in mind because the init...
Source: Cato-at-liberty - February 10, 2023 Category: American Health Authors: Nicholas Anthony, Norbert Michel Source Type: blogs

Employee Compensation Rose Just 3% in the Fourth Quarter
Alan ReynoldsThe fourth quarter ’s 3% year‐​to‐​year increase in hourly wages and benefits was lower than the 3.7% average increase since 1987, and even lower than the 3.1% norm during the horrific 2008 recession. That casts considerable doubt on the notion that inviting another inverted yield curve recession is a const ructive way to bring inflation down. Patience is working fine.Federal Reserve officials have been downplaying the 2.1% PCE inflation rate of the past six months by (1) expressing concern about select pieces of that average, and (2) suggesting that a  generous seasonal adjustment (to statisticall...
Source: Cato-at-liberty - February 8, 2023 Category: American Health Authors: Alan Reynolds Source Type: blogs

Biden ’s Billionaire Tax
Chris EdwardsIn his state of the union address last night, President Bidensaid, “We have to reward work, not just wealth. Pass my proposal for the billionaire minimum tax … no billionaire should be paying a lower tax rate than a schoolteacher or a firefighter.”Actually, we should reward work and wealth by not overtaxing them. Wealth is just savings, which supports workers by providing resources for businesses investment. Jeff Bezos ’ wealth of $125 billion is not gold bars under his mattress, but rather mainly capital in Amazon which supports opportunities for more than a million workers. Without such wealth or...
Source: Cato-at-liberty - February 8, 2023 Category: American Health Authors: Chris Edwards Source Type: blogs

Featured Health IT Job: Support Technician – C.N.A.
We like to regularly feature a healthcare IT job that might be of interest to readers. Today, we’re featuring the Support Technician – C.N.A. position that was recently posted on Healthcare IT Central. This position was posted by Arrowleaf and is in Vienna, IL. Here’s a description of the position: About Us When you join the Arrowleaf team, you are committing to a meaningful career where your work will make a difference for your neighbors throughout Southern Illinois and strengthen our region as a whole. You’ll have a chance to build well-being not just for the people you work with, but for yourself a...
Source: EMR and HIPAA - February 8, 2023 Category: Information Technology Authors: Health IT Jobs Tags: Career and Jobs Healthcare IT Arrowleaf Arrowleaf Jobs CNA Health IT Jobs Healthcare IT Jobs IL Jobs Job Seekers Support Technician Source Type: blogs

The New Deal and Recovery, Part 23: The Great Rapprochement
George SelginWhat finally brought the Great Depression to an end? We ' ve seen that, whatever it was, it took place not during the 30s but sometime between then and the end of World War II, when a remarkable postwar revival occurred instead of the renewed depression many feared. We ' ve also seen that, while postwar fiscal and monetary policies weren ' t austere to the point of preventing that revival, they alone can ' t explain it, because they can ' t explain the reawakening of private business investment from its decade-and-a-half-long slumber.Animal SpiritsTo get to the bottom of that reawakening, we must first recall ...
Source: Cato-at-liberty - February 7, 2023 Category: American Health Authors: George Selgin Source Type: blogs

President Biden ’s Anti‐​Growth Agenda
David BoazE. J. Dionne writes in the Washington Post that President Biden will focus his State of the Union speech on “how to make the economy grow for everyone.” That’s a good topic. Unfortunately, Dionne ’s column illustrates that Biden’s policies will not do that.Dionne mentions “policies that see robust government investments, worker rights and a green tech economy as the path to a new American century. ” And he recommends further initiatives such as “paid leave, universal pre‑K and child care, health coverage expansions, a beefed ‐​up child tax credit, and steps to make housin...
Source: Cato-at-liberty - February 7, 2023 Category: American Health Authors: David Boaz Source Type: blogs

Immigrants Use Less Welfare Than Native ‐​Born Americans
ConclusionThe average immigrant consumed 27.3 percent less welfare than native-born Americans in 2020. Further reform should reduce that substantially by building a higher wall around the welfare state instead of around the country. Still better would be reducing or eliminating the welfare state for all but reducing or eliminating non-citizen access is a politically feasible first step. In the long-run, there are good reasons to think that immigrants won ’t increase the size of the welfare state and compelling evidence that they would reduce support for it. Still, the net-fiscal effects are most important – watch this ...
Source: Cato-at-liberty - February 1, 2023 Category: American Health Authors: Alex Nowrasteh Source Type: blogs

Featured Health IT Job: Enterprise Architect
We like to regularly feature a healthcare IT job that might be of interest to readers. Today, we’re featuring the Enterprise Architect position that was recently posted on Healthcare IT Central. This position was posted by New York eHealth Collaborative and is in New York. Here’s a description of the position: About You You love IT Enterprise Architecture and it’s a huge part of your life. The best days at work involve solving complex information puzzles and designing for years into the future. You enjoy designing systems with societal benefits and finishing a long day knowing you gave your best for work th...
Source: EMR and HIPAA - February 1, 2023 Category: Information Technology Authors: Health IT Jobs Tags: Career and Jobs Healthcare IT Enterprise Architect Health IT Jobs Healthcare IT Jobs Job Seekers New York eHealth Collaborative New York Health IT Jobs NYeC Source Type: blogs

Fed Shifts Attention from 2.1% PCE Inflation to Theoretical Wage Inflation in Services
Alan ReynoldsThe last Federal Open Market Committee meeting projected PCE inflation to slow to 2.1% by the end of 2025. Yet 2.1% turned out to be the actual average inflation rate in the second half of 2022. Rather than applaud that performance, Chairman Powell and other Fed officials have been changing the subject —away from prices toward wages, and to a suspicious subset of prices that excludes all good news about prices of goods and energy and future rent data in favor of “core services less housing.”“Fed Chair Jerome Powell and several colleagues shifted attention recently toward a narrower subset of labor­ ...
Source: Cato-at-liberty - January 31, 2023 Category: American Health Authors: Alan Reynolds Source Type: blogs

115 Badass Quotes To Supercharge Your Motivation
Sometimes you just need something to jolt you. Something that will give you a big boost of motivation and get you back on the right track towards your goals and dreams with your focus resharpened. So in today’s post I’d like to share the 115 most powerful, motivational and best badass quotes. To kick your energy levels up a notch or three, supercharge your motivation and to release your inner badass so you get moving confidently towards what you want and need in your life. And if you want even more motivating and uplifting inspiration then check out this post with quotes on encouragement and this one filled with you a...
Source: Practical Happiness and Awesomeness Advice That Works | The Positivity Blog - January 23, 2023 Category: Consumer Health News Authors: Henrik Edberg Tags: Inspirational Quotes Personal Development Source Type: blogs

Inflation Fell to 1.9% in the Second Half of 2022 from 10.7% in the First
Alan ReynoldsIn the first half of 2022, January to June, CPI inflation averaged 0.89% a  month (nearly 1%). In the second half, the monthly changes averaged 0.16% (less than two‐​tenth of one percent).Just multiply the average monthly inflation rate times twelve to see that the annual rate of inflation slowed from 10.7% in the first half to 1.9% in the second.Reducing inflation by 8.8 percentage points for half a  year seems worthy of more attention. Instead, top Fed officials and uncritical journalists keep speaking and writing as though the change was barely discernable, merely a slight easing. The reason for that...
Source: Cato-at-liberty - January 19, 2023 Category: American Health Authors: Alan Reynolds Source Type: blogs

How To Negotiate Salary: 12 Science-Based Tips
Negotiate salary effectively with these 12 science-backed tips straight from real-world psychological research. (Source: PsyBlog | Psychology Blog)
Source: PsyBlog | Psychology Blog - January 17, 2023 Category: Psychiatry & Psychology Authors: Jeremy Dean Tags: Persuasion Source Type: blogs