Wednesday, February 17, 2021

The need for more diversity in economics | Editorial Columns | The Brunswick News

Glynn County commissioners on Tuesday gave their thoughts on a proposed roundabout where Glynco Parkway, Canal Road and Harry Driggers Boulevard meet.

College of Coastal Georgia's Office of Diversity and Inclusion has partnered with the Coastal Georgia Historical Society to present a lecture by Pulitzer Prize-winning author and journalist, Hank Klibanoff. The lecture will take place virtually at 5:30 p.m. Wednesday.

Travis Riddle believes his decision to run for Brunswick mayor may have cost him a license to sell beer and wine at his restaurant.

Publisher: The Brunswick News
Date: 5CFDA96080EE0C70DC3DA07C9452D1B4
Author: MELISSA TRUSSELL From the Murphy Center
Twitter: @Brunswick_News
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In case you are keeping track:

This economic crisis is also a crisis for democracy - Atlantic Council

According to the report, this disillusionment isn't simply a matter of age. Instead, the differences among generations may also be a result of the events of the last decade—including the aftermath of the Global Financial Crisis and steep increases in inequality. And according to the Pew Research Center , two of the main reasons people around the world are more likely to be dissatisfied with democracy have to do with economics.

This loss of faith is not surprising considering the world young people are confronting these days. In the United States, for example, college students graduating in 2020 entered a labor market blighted by high unemployment and freighted with financial and professional consequences that could last ten to fifteen years after graduation. Last year, American colleges propelled nearly two million graduates with bachelor's degrees into the worst recession since the Great Depression.

Publisher: Atlantic Council
Date: 2021-02-16T15:01:28 00:00
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Joe Biden's huge bet: the economic consequences of 'acting big' | Financial Times

Joe Biden’s strategy for the US economy is the most radical departure from prevailing policies since Ronald Reagan’s free market reforms 40 years ago. With plans for public borrowing and spending on a scale not seen since the second world war, the administration is undertaking a huge fiscal experiment. The whole world is watching.

The CBO has not yet given its view, but academics and private sector economists are increasingly taking a stance. Consensus Economics reports positively that independent forecasters have raised their expectations of US economic growth for 2021 and 2022 with barely any additional inflation.

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Date: 2021-02-16T05:00:10.597Z
Author: Chris Giles
Twitter: @FinancialTimes
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Advanced technology will help drive reimbursement change | Medical Economics

Limited by the slow pace of change in traditional reimbursement models, shifts in the paradigm for patient care have also lagged far behind the possibilities created by transformative technology. The COVID-19 pandemic has changed that, catalyzing improvements in reimbursement by both commercial and government payers, not only for traditional telehealth but for other technologies that are advancing how we think about patient monitoring and care.

While the pandemic has accelerated the acceptance of telehealth and remote patient monitoring, the groundwork was already being laid even prior to COVID-19. According to McKinsey, U.S. consumer telehealth adoption began to skyrocket from 11 percent in 2019 to 46 percent currently.

Publisher: Medical Economics
Twitter: @Medical Economics
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Were you following this:

How will Europe grapple with economic downturn?

The uncertainties tied to the United Kingdom's withdrawal from the European Union were compounded in 2020 by the pandemic-induced economic downturn. Those topics dominated a conversation among a panel of leading University of Chicago experts who considered the economic outlook for Europe in the coming year.

Moderator Stephanie Flanders, senior executive editor for economics at Bloomberg and head of Bloomberg Economics, led the conversation, weaving in questions from the session's nearly 400 attendees. Some highlights from the event are featured below.

Publisher: University of Chicago News
Twitter: @UChicago
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Per-acre analysis: a unique way of looking at urban economics | MinnPost

A few weeks ago, I did a double take when I saw St. Paul's Plan B Bar pop up in a lecture as an example of an economically thriving location. Unless my friend Rich is reading this, I'm likely the only MinnPost reader who has ever been there. It's a Hmong-owned working-class bar on St. Paul's Rice Street in a disinvested part of town. It's been struggling for decades and would go on my list of the street's most marginalized properties.

So why did an urban economics expert brought in by the St. Paul Downtown Alliance heap it with praise?

Publisher: MinnPost
Date: 2021-02-16T08:59:40-06:00
Twitter: @MinnPost
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The Dual-sector Model of Arthur Lewis : The Indicator from Planet Money : NPR

The late economist Arthur Lewis had a reputation as a very kind, principled, quiet and contemplative thinker. And in August of 1952, he was strolling down a road in Bangkok, Thailand — when suddenly he had a flash of insight about a problem that had been baffling him.

Lewis observed that when the economy of a poor country starts growing faster, the new businesses in that country make a lot of money, and they do hire a lot of workers, but it takes a long time before the wages that those businesses pay to workers also start going up. That was the puzzle that Arthur Lewis solved.

Publisher: NPR.org
Date: 2021-02-16
Twitter: @NPR
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Putting economic impacts on the PSC's plate | Montana Free Press

House Bill 314 is a short and straightforward bill sponsored by Braxton Mitchell, R-Columbia Falls . If passed, it would add new language to existing law stating that the utility-regulating PSC "shall consider all economic impacts at the state and local level when evaluating the acquisition, sale, expansion or closure of a coal-fired generation plant."

Mitchell said the recent closure of a coal-fired power plant in Sidney has brought into focus "the devastating reality of trickle-down economics," and that his measure could help local schools, parks and libraries keep their doors open by giving the PSC the ability to consider the broader economic impacts of changes to baseload power generation.

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Publisher: Montana Free Press
Date: 2021-02-17T00:07:27 00:00
Twitter: @mtfreepress
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