Wednesday, February 3, 2021

WATCH: The economics of biodiversity - EHN

The "Dasgupta Review" was commissioned by the United Kingdom's HM Treasury and was led by economist and professor Sir Partha Dasgupta, a Frank Ramsey Emeritus Professor of Economics at the University of Cambridge.

The review warns that governments and institutions have failed to work with nature in a sustainable way in "that our demands far exceed its capacity to supply us with the goods and services we all rely on."

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Publisher: EHN
Date: 2021-02-02T17:25:20 00:00
Author: https www facebook com 192681577469084
Twitter: @EnvirHealthNews
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In case you are keeping track:

Biden's Stimulus: Democrats Speed Ahead on Economic Aid Package - The New York Times

WASHINGTON — Democrats are taking steps to push through President Biden's $1.9 trillion economic rescue plan, using a budgetary maneuver that could eventually allow the measure to become law without Republican support.

"We are not going to dilute, dither or delay," Senator Chuck Schumer, Democrat of New York and the majority leader, said on the Senate floor. "There's nothing about the process itself that prevents bipartisanship."

The party-line vote of 50 to 49 set the stage for Democrats to advance Mr. Biden's plan through budget reconciliation, which would allow it to pass with a simple majority vote, bypassing the need for Republican support. (Senator Patrick J. Toomey, Republican of Pennsylvania, was absent and did not vote because he was delayed by snow.)

Date: 2021-02-02T21:57:01.000Z
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Strength in numbers | Medical Economics

In a CIN, participating practices form an "umbrella" corporate structure — usually a limited liability company (LLC) — under which they aggregate quality and cost data with the goal of demonstrating the network's ability to provide high-value care. The LLC can use that data to negotiate value-based contracts that apply across its member practices.

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Demonstrating and maintaining quality is key to keepinga CIN on the right side of antitrust laws, explains Allen Dobson, M.D., FAAFP, former president and chief executive officer of Community Care of North Carolina and Medical Economics ® editor-in-chief. "If you're working to enhance quality and hold each other accountable, then the law says a CIN can sign contracts on behalf of all the members and operate as one."

Publisher: Medical Economics
Twitter: @Medical Economics
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6 ways physicians can close the gender pay gap | Medical Economics

According to a recent report from the New England Journal of Medicine , female primary care physicians generate 10.9% less revenue from office visits compared to male physicians, despite spending 2.6% more time in the office with patients. Although female physicians had a lower volume of patient visits, they spent almost 16% more time with each patient.

This begs the question: Why are women not being paid for their additional labor? According to the study, the answer seems to be that male physicians are simply better at billing for their work than female physicians, including billing based on time. Also, female physicians in procedural fields like radiation oncology were less likely to bill for "lucrative procedures" than male physicians.

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

How States Can Direct Economic Development to Places and People in Need | The Pew Charitable

Data from an array of sources has shown that Americans who grow up in economically distressed areas experience lower-performing schools, higher crime rates, a variety of health and environmental hazards, and less upward mobility. The consequences of these disadvantages have been on stark display during the coronavirus pandemic as low-income neighborhoods and racial and ethnic minority communities have disproportionately borne the virus's toll.

To address local disparities and help struggling areas thrive, governments at all levels have spent hundreds of billions of dollars over the past 40 years on a range of geographically targeted, or "place-based," economic development programs—mostly in the form of financial incentives—designed to boost job creation and business investment, incentivize real estate development, or increase property values in specific places.

Twitter: @pewtrusts
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Why Are There So Few Black Economists at the Fed? - The New York Times

Monroe Gamble became the San Francisco Fed's first Black research assistant in 2018. His path shows why fixing a striking diversity shortfall will take commitment.

J. Monroe Gamble IV pushed for changes to the hiring process at the Federal Reserve Bank of San Francisco. Credit... Christopher Smith for The New York Times

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WASHINGTON — J. Monroe Gamble IV was the first Black research assistant to work at the Federal Reserve Bank of San Francisco. He started in 2018.

Date: 2021-02-02T10:00:18.000Z
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Daily chart - Global democracy has a very bad year | Graphic detail | The Economist

The pandemic did not put a stop to rising levels of political engagement. Turnout in the American presidential election in November was the highest for 120 years and the country recorded its best political participation score since the index began. But public trust in the democratic process was dealt a blow by the refusal of Donald Trump and many of his supporters to accept the election result, and the United States remains in the "flawed democracy" category.

The star performer, measured by the change in both its score and rank, was Taiwan, which was upgraded to a "full democracy" after rising 20 places in the global ranking from 31st to 11th. Taiwan went to the polls in January 2020, and a strong voter turnout, including among young people, demonstrated the resilience of its democracy.

Publisher: The Economist
Twitter: @TheEconomist
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Assistant economics professor joins SWIC | Granite City News | advantagenews.com

Southwestern Illinois College welcomes new Assistant Professor of Economics Dustin Sweet of St. Louis. He will teach several economics courses starting in the Spring 2021 Semester including ECON 115 Introduction to Economics, ECON 201 Principles of Economics (Macro) and ECON 202 Principles of Economics (Micro).

Sweet has a passion for economics and his goal is to help students understand the connection between economics and the real world.

Publisher: AdVantageNEWS.com
Twitter: @newsadvantage
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The Relevance Of The Natural Sciences Methods In Economics

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