Category Archives: News

Podcast Interviews: 66-Year Old Economist And Writer Paul Krugman On American Societal Issues

Bloomberg Opinion Masters in Business Barry Ritholtz podcastBloomberg Opinion columnist Barry Ritholtz interviews economist, bestselling author and New York Times columnist Paul Krugman, whose most recent book is “Arguing With Zombies: Economics, Politics, and the Fight for a Better Future.” 

 

Paul Krugman The Return of Depression EconomicsPaul Robin Krugman (born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman’s work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.

Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there. He also holds the title of Centenary Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010, and is among the most influential economists in the world. He is known in academia for his work on international economics (including trade theory and international finance),economic geography, liquidity traps, and currency crises.

Krugman is the author or editor of 27 books, including scholarly works, textbooks, and books for a more general audience, and has published over 200 scholarly articles in professional journals and edited volumes. He has also written several hundred columns on economic and political issues for The New York TimesFortune and Slate. A 2011 survey of economics professors named him their favorite living economist under the age of 60.[13] As a commentator, Krugman has written on a wide range of economic issues including income distribution, taxation, macroeconomics, and international economics. Krugman considers himself a modern liberal, referring to his books, his blog on The New York Times, and his 2007 book The Conscience of a Liberal. His popular commentary has attracted widespread attention and comments, both positive and negative. According to the Open Syllabus Project, Krugman is the second most frequently cited author on college syllabi for economics courses.

From Wikipedia

Health: Medical Experts Explain “Coronavirus” & Its Transmission (BMJ)

The emergent corona virus (SARS-CoV-2) outbreak in China is fast changing, just this week reported cases of the disease covid-19 jumped as new data became available. In this video Wendy Burns, and Peter Openshaw from Imperial College London explain what we know about the basic structure of the virus, it’s mode of transmission, the symptoms and pathogenesis of the diease, what we currently know about treatment, and how the virus may adapt in the future.

To read more about corona virus, all The BMJ’s resources are being made freely available at https://www.bmj.com/coronavirus

Politics: Mark Shields & Michael Gerson On New Hampshire Primary (PBS)

Syndicated columnist Mark Shields and Washington Post columnist Michael Gerson join Judy Woodruff to discuss the week in politics, including Sen. Bernie Sanders’ victory in the New Hampshire primary and how it shapes the race for the 2020 Democratic presidential nomination, President Trump’s strategy for reelection and the political conflict surrounding the Justice Department.

Energy Trends: Beaming Solar Power, Brine, Wind & Living Solar Cells (WSJ)

From a Wall Street Journal online article (Feb 13, 2020):

Beaming Solar Power Wall Street Journal
Beaming Solar Power – Wall Street Journal

To meet the surge in demand projected by 2050, innovative engineers, utility operators and grid architects are planning for a future that blurs the distinctions between energy consumers and producers. Homeowners, businesses and other traditional utility customers are beginning to take on a new role as energy producers, through small-scale solar arrays, wind turbines and other new affordable technologies.

To coordinate so many different power sources and demands, the future power grid will depend on artificial intelligence, automated two-way communications and computer control systems to continuously collect and synthesize data from millions of smart sensors.

  • Beaming Solar Power – Scientists and engineers are working on spacecraft to capture sunlight and transform it into electricity that is wirelessly beamed to Earth. A prototype from the California Institute of Technology transmits power in a steerable beam. Japan’s space agency JAXA demonstrated a unit that converted 1.8 kilowatts of electricity into microwaves and then beamed it about 100 yards. China is planning an orbital solar power station.
  • Living Solar Cells – Researchers are exploring how to exploit the ability of many microorganisms to generate electric current through photosynthesis. Solar cells using microbes would be cleaner and cheaper than those based on conventional semiconductors. So far, the current is only about enough to drive a small fan. By using two kinds of microbes instead of one, scientists in China recently found a way to boost the electrical energy.
  • The Power of Brine – Scientists in Norway, the Netherlands, Japan and the U.S. are generating electricity by harnessing the difference in salt concentration between seawater and freshwater. In one experiment, a semipermeable membrane allows seawater ions to pass into the fresh water. The movement of the ions generates an electric current.

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Healthcare: “2018 Health Care Cost Report” Shows Spending Grew 18% Per-Person From 2014 – 2018

HCCI Releases 2018 Health Care Cost and Utilization Report 

Per-Person Health Care Spending Grew 18% from 2014 to 2018, Driven Mostly by Prices

Health Care Cost Institute 2018 Health Care Cost and Utilization Report Cumulative Change in Spending per Person by Service Category

 

The report examines four groups of health care services and dozens of sub-categories. Of the four major categories, outpatient visits and procedures saw the highest 2018 spending increase (5.5%). Other notable trends include:

  • Inpatient services. 
    • Per-person spending on inpatient admissions rose 11.4% between 2014 and 2018
    • Within each sub-category of inpatient admissions, average prices grew steadily between 2014 and 2018 while utilization trends varied. However, the 2.0% price increase in 2018 was lower than the near 4% annual increases from 2014 to 2017.
  • Outpatient services.
    • ​Increases in prices and use led to a 16% increase in spending from 2014 to 2018.
    • ver that period, ER visit spending increased 32% and spending on observation stays went up 29%.
  • Professional services.
    • ​Spending increased 16% and growth accelerated over the 5-year period, driven by office visits and administered drugs.
    • Psychiatry also saw strikingly high spending growth of 43% from 2014 to 2018, which was driven mostly by increased use.
  • Prescription Drugs.
    • Generic drugs accounted for 88% of all prescriptions. .
    • Out-of-pocket payments for prescriptions for generic drugs was less than one-fifth of out-of-pocket payments on brand drugs.

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Media Infographics: “Radio’s Unparalleled Reach” In U.S. (Statista)

Radio's Unparalleled Reach Infographic Statista.com

With all the talk about digital media, it’s easy to forget how powerful traditional media such as radio and television still are. Radio in particular rarely gets credited for what it still is: a true mass medium. According to Nielsen, radio even trumps TV in terms of its weekly reach.

According to Nielsen’s measurements, far more than 200 million Americans aged 18 and older listen to the radio at least once a week, equaling a reach of 92 percent of the adult population. Television came in a close second with a weekly reach of 86 percent, while 80 percent of U.S. adults now use apps or browse the web on a smartphone in any given week.

While radio does win in terms of sheer reach, TV remains unparalleled with respect to average daily usage. According to Nielsen’s measurements, U.S. adults spend an average of 4 hours and 27 minutes a day watching TV (live and time-shifted), which is more than 2.5 times the amount of time they listen to the radio (1h 42m).

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Interviews: 77-Year Old Actor Harrison Ford On Reprising “Indiana Jones”

In this preview of a conversation with correspondent Lee Cowan to be broadcast on “CBS Sunday Morning” on February 16, Harrison Ford, the actor who has played iconic characters in the “Star Wars” and Indiana Jones franchises, talks about returning to familiar roles.

Harrison Ford (born July 13, 1942) is an American actor, aviator, and environmental activist. He gained worldwide fame for his starring role as Han Solo in the original Star Wars Trilogy (1977–1983), eventually reprising the role decades later in the sequel trilogy (2015–2019). Ford is also widely known for his portrayal of Indiana Jones in the Indiana Jones film franchise and as Tom Clancy’s Jack Ryan in the spy thrillers Patriot Games (1992) and Clear and Present Danger (1994).

Film critic Roger Ebert described Ford as “the great modern movie everyman”. His career spans six decades and includes roles in many highly successful Hollywood films. Some of his most popular films include Apocalypse Now (1979), Witness (1985), Presumed Innocent (1990), The Fugitive (1993), Air Force One (1997), What Lies Beneath (2000), and (2013). Seven of his films have been inducted into the National Film Registry: American Graffiti (1973), The Conversation (1974), Star Wars (1977), Apocalypse Now (1979), The Empire Strikes Back (1980), Raiders of the Lost Ark (1981), and Blade Runner (1982).

As of 2019, the U.S. domestic box-office grosses of Ford’s films total over $5.1 billion, with worldwide grosses surpassing $9.3 billion, making him the fourth highest-grossing domestic box-office star of all time.

From Wikipedia

Top New Science Podcasts: NIH Grant Diversity, Post-Traumatic Stress Memory Suppression (ScienceMag)

scimag_pc_logo_120_120 (2)On this week’s show, senior correspondent Jeffrey Mervis joins host Sarah Crespi to discuss a new National Institutes of Health (NIH) grant program that aims to encourage diversity at the level of university faculty with the long-range goal of increasing the diversity of NIH grant recipients.

Sarah also talks with Pierre Gagnepain, a cognitive neuroscientist at INSERM, the French biomedical research agency, about the role of memory suppression in post-traumatic stress disorder. Could people that are better at suppressing memories be more resilient to the aftermath of trauma?