The Bipartisan Consensus to Destroy U.S. Trade Policy
Daniel J. IkensonOn June 16, U.S. Trade Representative Robert Lighthizer testified before theHouse Ways and Means andSenate Finance committees. The hearings were billed as opportunities for Congress to raise questions and air concerns about the Trump administration ’s trade policy actions and priorities. Instead, through more than seven hours of statements and discussion, lawmakers from both chambers and both sides of the aisle confirmed a general harmony with the administration ’s trade policy performance.How else to explain the dearth of probing inquiry and push back? With a few limited exceptions, ...
Source: Cato-at-liberty - July 1, 2020 Category: American Health Authors: Daniel J. Ikenson Source Type: blogs

7 Financial Tips to Live the Retirement You ’ve Always Dreamed
There are many memorable financial milestones one achieves throughout their life—from opening up your first bank account to closing the deal on your first mortgage—all of these exciting stepping stones eventually lead to the pearly gates of your long-awaited retirement.  After decades of hard work and grinding, there’s no sweeter thought than being able to sit back, relax, and enjoy life to the fullest. But before you’re truly able to enjoy your waterfront sunsets and empty-scheduled days as a new retiree, you need to make sure your finances are perfectly aligned to allow you to live the ret...
Source: PickTheBrain | Motivation and Self Improvement - July 1, 2020 Category: Consumer Health News Authors: Samantha Rupp Tags: featured money and finance self-improvement retirement saving self improvement Source Type: blogs

Funding — or Defunding — the Police
With calls to reduce spending on police, a question becomes by how much? RAND researchers studied the average amount taxpayers spend for police to respond to a reported crime. These estimates are available in a new tool that makes it easy to visualize police costs per crime by state. (Source: The RAND Blog)
Source: The RAND Blog - July 1, 2020 Category: Health Management Authors: Priscillia Hunt Source Type: blogs

Supreme Court Strikes Down Montana Blaine Amendment Barring State Aid to Religious Schools
Ilya SominThis morning, the Supreme Court issued its decision inEspinoza v. Montana, striking down Montana ’s state constitutional Blaine Amendment, which forbids state aid to “any church, school, academy, seminary, college, university, or other literary or scientific institution, controlled in whole or in part by any church, sect, or denomination.” The decision overrules a Montana Supreme Court decision striking down a state school choice program that had provided tax credits on an equal basis to students attending both religious and secular private schools. The ruling is an important victory f...
Source: Cato-at-liberty - June 30, 2020 Category: American Health Authors: Ilya Somin Source Type: blogs

Trump ’s $1 Trillion Infrastructure Plan
Randal O'TooleIt ’s an election year, so it must be time for some grandiose infrastructure proposals. Representative Peter DeFazio (D-OR), chair of the House Transportation and Infrastructure Committee, has come out with a$494 billion five ‐​year transportation proposal, which is a huge boost from Congress ’2015 five ‐​year spending package of $305 billion. Congress writes a new highway& transit package about every five or six years; the 2015 one expires on September 30 of this year.In response, the Trump administration is rumored to finally be coming out with his$1 trillion infr...
Source: Cato-at-liberty - June 25, 2020 Category: American Health Authors: Randal O ' Toole Source Type: blogs

National Healthcare Decisions Day 2.0
In the future, those of us who survive 2020 will use words like “scary,” and “uncontrollable” in describing this pandemic year. But right now, you can control one very important aspect of your life – the end of your life. I’m not being flippant. It’s true.Due to the pandemic, National Healthcare Decisions Day (NHDD), which is always the day after Tax Day, is doing a reboot or a second round – a 2.0. Since Tax Day was moved to July 15, NHDD is moving to July 16. NHDD has always used the “death and taxes” slogan to remind people to complete or review their advance c...
Source: blog.bioethics.net - June 24, 2020 Category: Medical Ethics Authors: Practical Bioethics Tags: Health Care advance care directives bioethics National Healthcare Decisions Day (NHDD) syndicated Source Type: blogs

Local Governments and the Recession
Chris EdwardsIn response to the crisis, Congress and the Federal Reserve have provided cities and states with hundreds of billions of dollars in aid. But there are calls for more from theFed chief, lobby groups such as theNational League of Cities, and Democrats andsome Republicans on Capitol Hill.News articles are whipping up fears of an apocalypse unless Congress passes another state ‐​local aid package.Politicoclaims that states and cities are “slashing” services with “severe” cuts, whileEducation Weekworries about “draconian” cuts to schools. TheNew York Timessays that the virus ...
Source: Cato-at-liberty - June 19, 2020 Category: American Health Authors: Chris Edwards Source Type: blogs

The Facts About H-4 Visas for Spouses of H-1B Workers
ConclusionH-4 EAD holders are highly educated contributors to the U.S. economy in their own right, but they are also important draws for keeping their talented spouses here as well. The National Science Foundation found that family motivated a quarter of foreign scientists and engineers who came between the ages of 18 and 34 to relocate to the United States.[55] Denying their family the right to work for many years could motivate just as many to leave the United States. The purpose of the H-4 EAD rule was the prevent this outcome. It was the right goal in 2015, and it is just as important a goal in 2020.[1]Stuart Anderson,...
Source: Cato-at-liberty - June 16, 2020 Category: American Health Authors: David J. Bier Source Type: blogs

The Jones Act at 100: Time to Make This Protectionist Law History
Colin Grabow andInu ManakTheJones Act turned 100  years old last week. While numerous lawmakers rushed to pay homage to it, we’ve opted, as trade policy analysts, for a different approach: the release of an edited volume,The Case against the Jones Act,which delves into the costs of the law and the founding myths and false narratives its supporters have used to perpetuate it. One of these myths has to do with the Jones Act ’s very origins. As commonly told, the law dates back to the aftermath of the First World War and a desire to shore up the U.S. commercial fleet. But that is, at best, an incomp...
Source: Cato-at-liberty - June 11, 2020 Category: American Health Authors: Colin Grabow, Inu Manak Source Type: blogs

Pandemic Makes Municipal Stadiums an Even Worse Deal for Taxpayers
David BoazCities across the country are struggling to make their debt payments on municipal stadiums in an era of canceled events, report Sebastian Pellejero and Heather Gillers in theWall Street Journal:Public officials have borrowed billions of dollars to build stadiums for major teams. Since 2000, more than 40% of almost $17 billion in tax ‐​exempt municipal bonds sold to finance major‐​league stadiums were backed by levies on hotels and rental cars—making tourism taxes the predominant means of public stadium finance, according to the Brookings Institution.The borrowers envisioned the sports facilities as ...
Source: Cato-at-liberty - June 11, 2020 Category: American Health Authors: David Boaz Source Type: blogs

What is Worse than Bad Policies? Misuse of Power
Jeffrey Miron andErin PartinSince the beginning of his presidential campaign, Donald Trump has prioritized imposing punitive tariffs on China. In a 2016 Republicanpresidential debate he said, “I’m totally open to a tariff. If they don ’t treat us fairly, hey, their whole trade is tariffed. You can’t deal in China without tariffs. They do it to us, we don’t it. It’s not fair trade.”True to his word, the Trump administration soon implemented steep tariffs onsteel and aluminum,washing machines, andsolar panels—specifically targeting China with an escalation of his trad...
Source: Cato-at-liberty - June 8, 2020 Category: American Health Authors: Jeffrey Miron, Erin Partin Source Type: blogs

America ’s Criminal Justice System Is Rotten to the Core
Clark NeilyBefore you can fairly assess the legitimacy of the ongoing protests or the quality of the government ’s response, you must understand the relevant facts. And the most relevant fact is that America’s criminal justice system is rotten to its core. Though that certainly does not justify the violence and wanton destruction of property perpetrated by far too many protesters, it does provide useful c ontext for comprehending the intensity of their anger and the fecklessness of the government’s response. If America is burning, it is fair to say that America’s criminal justice system—which ...
Source: Cato-at-liberty - June 7, 2020 Category: American Health Authors: Clark Neily Source Type: blogs

Reflecting on Our Strategic Priorities
In my first post as NIGMS director in 2013, I discussed the need to develop a new strategic plan to guide our efforts and to ensure that we invest taxpayer money as efficiently and effectively as possible. Our current strategic plan emerged as a product of collaboration between all functional units of our Institute, with valuable input from external stakeholders, and it’s been used to guide management decisions at NIGMS for the last 5 years. Since publication of this strategic plan in 2015, the Institute has undertaken programmatic and organizational changes to better achieve the goals set forth in the plan. ...
Source: NIGMS Feedback Loop Blog - National Institute of General Medical Sciences - June 1, 2020 Category: Biomedical Science Authors: Chrissa Chverchko Tags: Director’s Messages News NIGMS Strategic Plan Source Type: blogs

FinCEN ’s Suspicious Statistics
Diego ZuluagaIt ’s difficult to outdo the crypto community when it comes to makingbold quantitative claims that, stripped out of context, mislead the incautious. But Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco recently came close.Inremarks last week to the annual (and, alas, virtual) Consensus conference for crypto professionals and enthusiasts, Blanco declared that, “since 2013, FinCEN has received nearly 70,000 Suspicious Activity Reports (SARs) involving virtual currency exploitation.” That impressive figure was bound to get attention—andit did. The speech is also likely...
Source: Cato-at-liberty - May 22, 2020 Category: American Health Authors: Diego Zuluaga Source Type: blogs

Covid-19 Reuters Newsmaker Broadcast with William Haseltine
I live-tweeted a fascinating and perhaps rather depressing meeting with William Haseltine via a Reuters Newsmaker Broadcast. His talk was upbeat but the message does not offer a positive outlook unless we can collaborate internationally to identify, trace, and isolate and go back to early antivirals to treat people urgently. A vaccine will probably never be found, we must stay on top of this virus when we get communities under control. Moreover, we must recognise that another emergent pathogen could appear any time. These are essentially my notes from Haseltines’s talk. Might we ever achieve herd immunity? There is n...
Source: David Bradley Sciencebase - Songs, Snaps, Science - May 20, 2020 Category: Science Authors: David Bradley Tags: Sciencebase Source Type: blogs

Covid-19 Reuters Q & A with William Haseltine
I live-tweeted a fascinating and perhaps rather depressing meeting with William Haseltine via a Reuters Newsmaker Broadcast. His talk was upbeat but the message does not offer a positive outlook unless we can collaborate internationally to identify, trace, and isolate and go back to early antivirals to treat people urgently. A vaccine will probably never be found, we must stay on top of this virus when we get communities under control. Moreover, we must recognise that another emergent pathogen could appear any time. These are essentially my notes from Haseltines’s talk. Might we ever achieve herd immunity? There is n...
Source: David Bradley Sciencebase - Songs, Snaps, Science - May 20, 2020 Category: Science Authors: David Bradley Tags: Sciencebase Source Type: blogs

Testing Won ’ t Get Us Where We Need to Go
Conclusions Testing is important to track the trajectory of an epidemic in a community to guide local or national efforts at mitigationThe tests we currently have for COVID have limited accuracy for the individual patientAntibody testing suggests that the fatality rate for COVID may be low in certain communities, but data from New York suggests there is the potential for significant death and morbidity in any major metropolitan areaContact tracing enabled by smart phone technology is likely unable to be effective because they do not overcome the inherent limitations of COVID testing, require widespread adoption, and may...
Source: The Health Care Blog - May 19, 2020 Category: Consumer Health News Authors: Christina Liu Tags: COVID-19 Health Policy Anish Koka COVID-19 testing Source Type: blogs

Podcast: Deconstructing Mental Health Month
  It’s Mental Health Awareness Month! But what does that mean, exactly? Who are we raising awareness for? Is “mental health” the same as “mental illness?” In this Not Crazy Podcast, Gabe and Lisa ponder the meaning of this decades-old campaign and discuss the pros and cons of the movement. What do you think? Is Mental Health Awareness Month a necessary outreach that sheds light on mental health, or is it a flimsy substitute for actual help? Tune in for an in-depth discussion that entails several different perspectives. (Transcript Available Below) Subscribe to Our Show! And Please Reme...
Source: World of Psychology - May 19, 2020 Category: Psychiatry & Psychology Authors: Not Crazy Podcast Tags: General Mental Health and Wellness Not Crazy Podcast Policy and Advocacy Source Type: blogs

California ’s Budget and Rainy Day Fund
Chris EdwardsCongress is considering passing additional financial aid for state and local governments. I  argued against further aid inthisFox News op ‐​ed. One reason is that many states have built substantialrainy day funds, which will help them balance their budgets even as tax revenues decline. Federal bailouts would undermine incentives to build such useful funds going forward.California has built a  substantial rainy day or reserve fund over the past five years, as shown in the chart below from thisstate report. State residents passed a  referendum in 2014 to create the fund structure, and so kudos...
Source: Cato-at-liberty - May 15, 2020 Category: American Health Authors: Chris Edwards Source Type: blogs

" Strike Two " : A Pediatrician's " Dance " with Alan Levine/Ballad Health - And WHY We Need Federal Medical Whistle-blower Protection For ALL Healthcare " Workers " NOW
This is the story of how government failed me as a Pediatrician - for the second time.  The saddest thing of all is that there is a " Strike Three " .  Nobody cares about Pediatrics - or Pediatricians.  They haven't for a very long time.  This is a long post.  Don't whine about it.  Read it. CARE that somebody trying to stand up for your children lived it - and not for the first time.Twenty-two years ago, the morally-bankrupt executives of my now fiscally-bankrupt hometown hospital (in Asheboro, North Carolina) railroaded me out of town . . . after I intervened in a nursery case...
Source: Dr.J's HouseCalls - May 12, 2020 Category: American Health Tags: Alan Levine Ballad Health Cooperative Agreement COPA ETSU Medical Whistle-blower Pediatric Hospitalist Ralph Northam Randolph Hospital Tennessee Department of Health Virginia Department of Health Source Type: blogs

We Need to Fix COVID-Damaged Care Sites and Give the Country Better Care and Universal Coverage in the Process
By GEORGE HALVORSON The COVID crisis has shown us clearly that major portions of the American care system are extremely dysfunctional and some are now badly broken. We need to put in place a cash flow for American health care that can help our care sites survive and ultimately thrive, and we need to put that approach to save the sites in place now because a vast majority of hospitals and medical practices are badly damaged and some are financially crippled and even destroyed by their response to the crisis. We have learned a lot in the COVID crisis that we need to use now in building our next steps and our collective...
Source: The Health Care Blog - May 9, 2020 Category: Consumer Health News Authors: matthew holt Tags: COVID-19 Featured Health Policy OP-ED George Halvorson Medicare Advantage Medicare Advantage for All Source Type: blogs

When It Comes to Money, Most Private Schools Are Not Sidwell Friends
Neal McCluskeySeveral private schools are taking a  public relations beating for applying for CARES Act relief, including Sidwell Friends, the alma mater ofseveral presidential children. But most private schools arenot Sidwell Friends, and they should not be shamed for help they need to survive not just in the COVID economy, but as they compete against taxpayer ‐​funded public schools.According to theWashington Post’s coverage of the Sidwell dust ‐​up, the school charges $45,000 in tuition. To place that in the spectrum of private school tuition nationally I’ll adjust to 2011 dollars, because ...
Source: Cato-at-liberty - May 6, 2020 Category: American Health Authors: Neal McCluskey Source Type: blogs

The price of life
In public health, we understand that commonplace assertions to the effect that human life is infinitely precious, or you can't put a price on human life, just don't work. Nobody treats human life as priceless, especially people who are inclined to say that sort of thing. Each of us personally takes risks such as riding in a car or climbing a ladder every day. Some people smoke tobacco, some people don't wash their hands after they handle raw meat. Some people work in dangerous occupations.And obviously we don't structure public policy around the proposition that human life is priceless. We don't provide affordable universa...
Source: Stayin' Alive - May 6, 2020 Category: American Health Source Type: blogs

Minimizing your Risk of PTSD from COVID-19
I was recently asked if I thought the pandemic is a national trauma. The answer is a simple “Yes.” By the standards of the DSM-5 (Diagnostic and Statistical Manual), the volume used by mental health professionals to guide diagnosis and treatment, the COVID-19 pandemic meets the criteria for trauma. Not all stressful events meet those criteria. The DSM-5 definition of trauma requires “actual or threatened death, serious injury, or sexual violence” (italics mine). Stressful events not involving an immediate threat to life or physical injury (such as a divorce or job loss) are not considered ...
Source: World of Psychology - May 4, 2020 Category: Psychiatry & Psychology Authors: Marie Hartwell-Walker, Ed.D. Tags: Psychology PTSD Self-Help coronavirus COVID-19 pandemic social distancing Trauma Source Type: blogs

Trillion ‐​Dollar Spending Bills Bring Out the Lobbyists
David BoazThe Center for Responsive Politicsreports that lobbying spending has jumped to near ‐​record levels in the first quarter of 2020 “as powerful companies, trade groups and other clients rushed to influence the government’s response to COVID-19, particularly its $2.2 trillion stimulus bill.” Federal lobbying spending totaled $903 million in the first quarter, the most since the legislatively active first two years of the Obama administration — which had exceeded the last few months of 2008, when TARP was on the table.OpenSecrets found that at least 3,200 clients reported lobbying on issue...
Source: Cato-at-liberty - May 2, 2020 Category: American Health Authors: David Boaz Source Type: blogs

COVID-19 Answers Might Be Just a Click Away
SPONSORED POST By DAVID LEVESQUE As more people die every day from COVID-19 (we were edging towards 20,000 casualties in the U.S. at the time this article was written), the answers to what a cure could look like are waiting to be discovered in EMRs and patients’ homes. We have the technology and business models to turn this data into insights, but we are stalling…  What seems to be the problem? First this. It’s time to end the illusion that patients do not pay for healthcare. Whether it is out of pocket, paycheck, or taxes, U.S. citizens pay for 100% of the healthcare spend. It is indee...
Source: The Health Care Blog - April 30, 2020 Category: Consumer Health News Authors: Christina Liu Tags: COVID-19 Health Tech Andaman7 David Levesque Source Type: blogs

No One Is Minding the Stimulus Spigot
William YeatmanBefore Congress races ahead with another stimulus, shouldn ’t lawmakers ensure their previous spending hasn’t veered off course?The first round of stimulus, known as the CARES Act, passed in late March, and the legislation provided about $2 trillion in spending and subsidies to defibrillate moribund markets. Weeks later, lawmakers supplemented the CARES Act with another half trillion dollars. Now, congressional leaders are negotiating a third big ‐​bucks bill.All the while, oversight has been out to lunch.As I explained in theNew York Daily News, the original stimulus (the...
Source: Cato-at-liberty - April 30, 2020 Category: American Health Authors: William Yeatman Source Type: blogs

Scientists and policymakers
Angela Merkel, the German chancellor, has a doctorate in molecular quantum mechanics. That makes her quite unusual among political leaders. But being a qualified quantum mechanicper sedoesn't make her especially qualified to lead the German government, since molecular quantum mechanics rarely has much role informing policy.It does mean, however, that she is what I will call scientifically literate. Very few scientists in fact know anything to speak of about molecular quantum mechanics. I understand vaguely that it's about the physics underlying chemical reactions, and that's probably as much as most physicists know, actual...
Source: Stayin' Alive - April 23, 2020 Category: American Health Source Type: blogs

On Being a Doctor and a Human in the Pandemic: Connection and Vulnerability
By Amy Blair With each passing 24 hours, my roles of physician and physician educator and mother (and human of the planet Earth) have been taxed in complex ways. The problem-solving demands are intense and the solutions often feeble, weakened by uncertainty, if not paralyzed. It feels as if the rug were pulled out from […] (Source: blog.bioethics.net)
Source: blog.bioethics.net - April 23, 2020 Category: Medical Ethics Authors: reflectivemeded Tags: Health Care syndicated Uncategorized Source Type: blogs

Unbearable Forbearance? Quantifying Mortgage Servicers ’ Emergency Liquidity Requirements
Diego ZuluagaTwelve years after the 2008 financial crisis, America's housing finance system is once again under strain. The acute decline in economic activity that coronavirus fears and government-mandated lockdowns have caused is disrupting cash flows for millions of households and businesses. In just four weeks, 22 million people have filed unemployment claims. Many among the new jobless are homeowners who will be unable to make payments on their loans, at least for a while.Some legislative actions have sought to help these hard-pressed households. As part of its economic relief provisions, the CARES Actrequiresservicers...
Source: Cato-at-liberty - April 22, 2020 Category: American Health Authors: Diego Zuluaga Source Type: blogs

Crisis May Add $6 Trillion to Federal Debt
Chris EdwardsThe COVID-19 pandemic has pushed the economy into a  deep recession. The crisis will also create lasting economic damage from the jump in debt as a result of higher federal spending and lower federal revenues.Treasury Secretary Mnuchinsaid recently that “interest rates are incredibly low, so there’s very little cost of borrowing this money.” That statement is not correct. Mnuchin seems to have forgotten about loan principal. Every dollar borrowed causes damage down the road from the resulting higher taxes extracted from the private sector. Fu rthermore, interest rates may spike, whi...
Source: Cato-at-liberty - April 21, 2020 Category: American Health Authors: Chris Edwards Source Type: blogs

COVID-19: Implications for Monetary Policy and Fed Independence
ConclusionThe COVID-19 pandemic has led to an unprecedented expansion of Fed power and discretion. It has led to the transfer of fiscal responsibility to the Fed and weakened the Fed's independence. The drift into fiscal policy and credit allocation —as opposed to pure monetary policy (i.e., allowing the size of the balance sheet to influence money, prices, and nominal GDP)—places the Fed in a precarious position. The lack of a rules-based monetary regime increases uncertainty and opens the Fed to further politicization. Too much is asked o f monetary policy and too little responsibility is placed on Congress f...
Source: Cato-at-liberty - April 20, 2020 Category: American Health Authors: James A. Dorn Source Type: blogs

My 1500 Characters on the Fed ’s Main Street Programs
George SelginHaving had a lot to say on these pages concerningthe Fed ’s past Main Street lending efforts, I thought it proper to put in my 2 cents concerning its current plan, by responding to the Fed ’s request for comments on it.Unfortunately, “2 cents” is an all too accurate description of what I was allowed to contribute, since the Fed ’s electronic comment‐​submission page allows me no more than 1500characterswith which to express myself.Kindly keep that constraint in mind in reading my comment, reproduced here. You will note that my advice is similar to that offe...
Source: Cato-at-liberty - April 20, 2020 Category: American Health Authors: George Selgin Source Type: blogs

National Healthcare Decisions Day in the Era of COVID
by Emily Riegel (@emriegel)“Why did I keep stressing what was and was not normal, when nothing ... was?” -- Joan Didion,The Year of Magical Thinking“Certainty? In this world nothing is certain but death and taxes.” -- Benjamin FranklinIn normal times, under non-pandemic circumstances, yesterday being April 15 would have marked the United States ’ traditional Tax Day. With one certainty, taxes, already rescheduled, we know that we are not in certain or normal times. This year, the novel coronavirus pandemic elevates the immediacy of that other certainty: death.Since 2008, April 16 is designated...
Source: Pallimed: A Hospice and Palliative Medicine Blog - April 17, 2020 Category: Palliative Care Tags: advance care planning covid nhdd riegel Source Type: blogs

USPS: Privatization vs. Bailouts
Chris EdwardsThe economic crisis has highlighted reckless fiscal policies and a lack of foresight by our political leaders. Despite a decade of growth, the federal government ballooned its debt, which has now put the nation in a very precarious financial state. Meanwhile, some state governments saved little money intheir rainy day funds and now the storm has arrived.Similarly, Congress has long ignored calls to reform the U.S. Postal Service, and now the USPS faces a desperate financial crisis. In the past, the Trump administrationproposed major USPS restructuring, as did theCato Institute. But over the...
Source: Cato-at-liberty - April 15, 2020 Category: American Health Authors: Chris Edwards Source Type: blogs

Private Schools Face an Existential Threat
Neal McCluskeyEven in terrific economic times, we hear the drumbeat that public schools areunderfunded. When there are downturns it gets even louder – in the Great Recession we heard a lot about “cutting to the bone. ” But public schools do not tend to face the harshest consequences of bad economic times. Private schools do.Private schools start behind the eight ball no matter what the economic conditions because they are competing against public institutions that get massive subsidies from taxpayers and are free from the perspective of consumers.It is, of course, extremely difficult to compete again...
Source: Cato-at-liberty - April 13, 2020 Category: American Health Authors: Neal McCluskey Source Type: blogs

The Constitutional Case for the Fed ’s Treasury Backstops
George SelginOne of the more controversial provisions of the CARES Act consists ofthe $454 billion it allows the U.S. Treasury to devote to " backstopping " (that is, to supply partial funding for) the Federal Reserve's emergency lending.In a previous post, I argued that these Treasury backstops help to preserve the " boundary line " separating fiscal from monetary policy. I've since engaged ina spirited Twitter exchangewith Peter Conti-Brown, Dan Awrey, and Kate Judge —all legal scholars specializing in monetary policy. That exchange inspires me to offer this more complete, but qualified, defense...
Source: Cato-at-liberty - April 13, 2020 Category: American Health Authors: George Selgin Source Type: blogs

ABLE (529A) plans -- what's a good one and who has it
Wikipedia has a succinct description of the529A (ABLE) plan:ABLE programs are similar to tax-advantaged 529 plans for college savings.[8] In addition, a 529 plan can be rolled over into an ABLE account for a qualified beneficiary.An ABLE account can be opened by a disabled individual who became disabled before 26 years of age.[8] An ABLE account can receive after-tax cash contributions from any person, including its owner.[1] Contributions in a year are limited to the federal gift tax exclusion [9] for that year — $15,000 in 2018.[10] If the beneficiary works and does not contribute to a 401(a), 401(k), 403(b), or 45...
Source: Be the Best You can Be - April 12, 2020 Category: Disability Source Type: blogs

Is the Federal Government Stealing Medical Supplies?
Chris EdwardsThat appears to be the case. TheLos Angeles Timescalls it“seizing,” but it amounts to the same thing as these are legal products that the government did not order. The White House and FEMA are swooping in to grab masks, thermometers, and other items in a secretive process with apparently little recourse.These actions are abusive from a civil liberties perspective, and such command ‐​and‐​control methods make no practical sense either. As I discusshere,here, andhere, central planning is the wrong way to go for disaster planning and response, as it will make the nation les...
Source: Cato-at-liberty - April 8, 2020 Category: American Health Authors: Chris Edwards Source Type: blogs

5 Steps Health Insurance CEOs Must Take to Help with COVID-19
By JEFF LIVINGSTON, MD Imagine a country where you can not see a doctor. Who will refill your blood pressure prescription, see your sick child, mend your broken arm, deliver your baby, or run the ventilator if you fall victim to Coronavirus? The COVID-19 pandemic created a cash-flow crisis causing mass physician layoffs and closure of medical practices. A world without doctors puts us all at risk. The pandemic is the invisible enemy, and the CEOs of large insurance companies have the tools to help doctors stay in the fight. Our government, healthcare providers, and individuals are doing our part to flatten the curve ...
Source: The Health Care Blog - April 8, 2020 Category: Consumer Health News Authors: Christina Liu Tags: COVID-19 Health Policy health insurance companies Jeff Livingston Source Type: blogs

All About Grants: Basics 101
Note to our Biomedical Beat readers: Echoing the sentiments NIH Director Francis Collins made on his blog, NIGMS is making every effort during the COVID-19 pandemic to keep supporting the best and most powerful science. In that spirit, we’ll continue to bring you stories across a wide range of NIGMS topics. We hope these posts offer a respite from the coronavirus news when needed. Scientific research requires many resources, which all require funding. Credit: Michele Vaughan. Scientific inspiration often strikes unexpectedly. The Greek mathematician and inventor Archimedes first thought of the principles of vo...
Source: Biomedical Beat Blog - National Institute of General Medical Sciences - April 8, 2020 Category: Research Authors: Chrissa Chverchko Tags: Being a Scientist Scientific Process Training Source Type: blogs

When the Waterbed Bursts
Diego ZuluagaWhile it appears the combination of ample liquidity injections by the Fed and soft loans guaranteed by the Small Business Administration has managed to ease concerns of a looming and massive cash crunch across the economy, there is at least one group of financial firms that has yet to see any respite:mortgage servicers. These are the companies that collect mortgage payments and pass them on to the investors who hold mortgage ‐​backed securities (MBS). For that service, they collect a fee.But now that officials have declared a moratorium on mortgage payments for all distressed borrowers, mort...
Source: Cato-at-liberty - April 8, 2020 Category: American Health Authors: Diego Zuluaga Source Type: blogs

Do You Think The End Justifies The Means In The Situation Of The COVID-19 Pandemic?
This appeared last week:Privacy vs pandemic: government tracking of mobile phones could be a potent weapon against COVID-19 March 27, 2020 2.28pm AEDT Author1.       Patrick Fair Adjunct Professor, School of Information Technology, Deakin University Borders, beaches, pubs and churches are closed, large events are cancelled, and travellers are subject to 14 days ’ isolation – all at significant cost to taxpayers and the economy. But could telecommunications technology offer a more targeted approach to controlling the spread of the COVID-19 coronavirus? One possibility is to use...
Source: Australian Health Information Technology - April 8, 2020 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs

Comparing Military Spending and COVID-19 Related Medical Costs
Christopher A. PrebleAs the United States struggles to contain the coronavirus outbreak, it has revivedthe perennial guns versus butter debate. Or, in this case, guns versus medical equipment. Might some of the money spent on the U.S. military have been better spent on more useful things closer to home? Might a few million additional N ‑95 masks have protected more Americans than a few additional M1 Abrams tanks? Might the money spent on even a single F ‑35 fighter plane have saved more lives — in April and May of 2020, at least — if it had been used to buy a few thousand more ventilator...
Source: Cato-at-liberty - April 7, 2020 Category: American Health Authors: Christopher A. Preble Source Type: blogs

Liberal Elite More Deadly Than Coronavirus
This article originally appeared on LeftVoice here. The post Liberal Elite More Deadly Than Coronavirus appeared first on The Health Care Blog. (Source: The Health Care Blog)
Source: The Health Care Blog - April 6, 2020 Category: Consumer Health News Authors: Christina Liu Tags: COVID-19 Health Policy LeftVoice Mike Pappas Politics Source Type: blogs

Why we do clinical trials
We've all gotten sick of the Resident's constant boasting about the greatness of his intellect. Axios has a roundup compiled in January. It's too long to reproduce, but highlights include:ISIS:" I know more about ISIS than the generals do. " (November 2015.) Trade:" Nobody knows more about trade than me. " (March 2016.)The U.S. government system: " [N]obody knows the system better than I do. " (April 2016.)Renewable energy:" I know more about renewables than any human being on Earth. "(April 2016.)Taxes:" I think nobody knows more about taxes than I do, maybe in the history...
Source: Stayin' Alive - April 6, 2020 Category: American Health Source Type: blogs

A Quick and Dirty Lesson about the Trade Deficit
Daniel J. IkensonThe trade balance is calculated as the difference between the value of U.S. exports and the value of U.S. imports. The United States “runs a trade deficit” when Americans purchase more goods and services from foreigners than foreigners purchase from Americans.To be more precise, the trade deficit is the amount by which the total value of purchases of U.S. consumers, businesses, and governments from foreign suppliers exceeds the total value of purchases of foreign consumers, businesses, and governments from U.S. suppliers.The trade deficit gets a  lot of negative attention. It’s ...
Source: Cato-at-liberty - April 4, 2020 Category: American Health Authors: Daniel J. Ikenson Source Type: blogs

Governments Should Rely More on the WTO in the Fight Against the Coronavirus
James BacchusYet another sign of the marginalization of the World Trade Organization is the omission of any mention of it in the recent G20 statement on COVID-19. At a time when more international cooperation is urgently needed to control and conquer the spreading coronavirus pandemic, including in trade, the international institution established to oversee trade is increasingly shunted to the sidelines.The G20 leaders acknowledged the importance of trade to addressing the pandemic in their statement at the conclusion of their emergency video conference on March 25. They promised to use “all available policy too...
Source: Cato-at-liberty - April 3, 2020 Category: American Health Authors: James Bacchus Source Type: blogs

Do Great Leaders Create Peace and Prosperity?
David BoazWith the latest news about Hungarian prime minister Viktor Orban ’s drive for autocratic power, I was just looking up this quote from Hayek ’sThe Road to Serfdom–…dissatisfaction with the slow and cumbersome course of democratic procedure which makes action for action’s sake the goal. It is then the man or the party who seems strong and resolute enough “to get things done” who exercises the greatest appeal. “Strong” in this sense means not merely a numerical majority – it is the ineffectiveness of parliamentary majorities with which people are...
Source: Cato-at-liberty - April 3, 2020 Category: American Health Authors: David Boaz Source Type: blogs