FT: Interactive Graphic on how the carry trade works
Maxine thinks this is pretty cool and will use it in her classes.
New Scientist: Beyond GDP: We need a dashboard for the whole economy
Measuring
quality of life directly is not going to be easy. In passing, the report cites
such gems as the finding that women in Columbus, Ohio, surveyed about their
feelings, or "affect", while carrying out different activities, felt better walking than when they were having sex.
Maxine has to ask: was that finding age-adjusted??? Surely it was young women (having sex with young men) who reported this, yes?
Atlanta Fed Macroblog: The Growing Case for a Jobless Recovery
Job
losses have been disproportionately concentrated in small businesses.
The
share of workers reporting that they have been involuntarily cut back to
part-time is at a recorded high.
The
percentage of employee separations labeled permanent is at a recorded high.
And just in case you still don’t get it:
Never,
in the six recessions preceding the latest one, did permanent separations
account for more than 45 percent of the unemployed. The current percentage
stands at 56 percent as of September and appears to be still climbing:
The workers need a safety net and health insurance.
WSJ: Employers hold off hiring
Companies
across the economy are holding off on hiring even as the profit outlook
improves, amid economic uncertainty and their own success at raising
productivity in rough waters.
Capitalism at its best and its worst. The workers need a safety net and health insurance.
FT: GE plans health care venture capital fund
“Most
of the healthcare money in the US is spent on chronic disease,” Mr Immelt said
at GE’s Healthyimagination conference. “We need to focus on chronic disease and
preventing disease.”
The wave of the future...
FT: Merck to publish MD payments
Merck is set to become the largest
drugs company to start publishing details of its payments to doctors in the
latest response to growing criticism of excessive industry influence over drug
prescribing.
It’s about time.
FT: GSK promises full drug trial disclosure
The moves follow several initiatives by GSK and other pharmaceuticals companies, partly under pressure from research funders and the publishers of academic medical journals, which have demanded greater transparency over drug trial results.
Maxine thinks transparency in medical research is a really good thing.
Health Impact Project: Projected health impacts of proposed legislation mandating 7 days of paid sick leave per year for workers
The
HIA, released in June 2009, predicted that the Healthy Families Act, proposed
federal legislation mandating seven sick days a year for companies with 15 or
more employees, would reduce the spread of illness, and even save lives as a
result. The HIA pointed out that a third of flu cases in America each year are
transmitted in the workplace and at schools.
Reduced lost productivity, reduced medical care use, reduced emergency room use, all likely to reduce health care costs and improve productivity. Added to that we don’t get sick as often so we don’t lose leisure time either.
Salon.com: Tom Tomorrow on Health Insurance
Salon.com: Tom Tomorrow on Bankers
Maxine thinks that sometimes humor helps.
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