Daily Digest

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Daily Digest 1/7 - Ten Cryptocurrency Predictions, Why U.S. Spends So Much More On Health Care

Sunday, January 7, 2018, 12:10 PM

Economy

Why the U.S. Spends So Much More Than Other Nations on Health Care (blackeagle)

Ashish Jha, a physician with the Harvard T.H. Chan School of Public Health and the director of the Harvard Global Health Institute, studies how health systems from various countries compare in terms of prices and health care use. “What was true in 2003 remains so today,” he said. “The U.S. just isn’t that different from other developed countries in how much health care we use. It is very different in how much we pay for it.”

Is Your Child Lying to You? That’s Good (blackeagle)

Professor Lewis has found that toddlers who lie about peeking at the toy have higher verbal I.Q.s than those who don’t, by as much as 10 points. (Children who don’t peek at the toy in the first place are actually the smartest of all, but they are a rarity.)

As Low-Power Local Radio Rises, Tiny Voices Become a Collective Shout (jdargis)

But in the last year, a diverse new wave of stations has arrived in urban America, cranking up in cities from Miami to the Twin Cities in Minnesota, and especially here in the Northwest, where six community stations began to broadcast in Seattle. At least four more have started in Portland. Some are trying to become neighborhood bulletin boards, or voices of the counterculture or social justice. “Alternative” is the word that unites them.

Shame On You (blackeagle)

So what’s going on? ‘Visibility is a trap,’ wrote the French philosopher Michel Foucault in Discipline and Punish: The Birth of the Prison (1975). What he meant was that allowing oneself to be watched, and learning to watch others, is both seductive and dangerous. He drew upon Jeremy Bentham’s 18th-century plans for a ‘Panopticon’, a prison in which inmates are observed from a central tower manned by an invisible occupant, his watchful eye seeing but unseen. The idea was that the prisoners would internalise the presence of the spectral watchman, whether or not anyone was actually inside, and behave of their own accord.

This Week In Money (cmartenson)

This Week in Money presents leading financial news and market commentary from interesting, informative and profound guests. They are some of the financial world’s most colorful and controversial thinkers, discussing the markets, economies and more.

Another False Narrative - Black Unemployment At An All Time Low (thc0655)

As with the other BLS “data”, it is amazing how when you change the rules everything looks better. The BLS reported black unemployment at 6.8% in December, an all-time low. That’s kind of funny, considering 42% of working age black people are not working. These statistics do not include the 2 to 3 million black men sitting in prison.

Ten cryptocurrency predictions for 2018 from the co-founder of the Blockchain Research Institute (blackeagle)

2017 was a year when cryptocurrency markets dominated the public imagination. While some of us grew excited by the explosion of new applications, platforms and technologies being launched, many others were simply happy to ride the wave of higher prices. Indeed, the value of these assets grew from $15 billion to $500 billion, one of the great bull markets of our time.

New measurement confirms: The ozone is coming back (jdargis)

The challenge with getting definitive measurements are legion. To begin with, CFCs aren't the only chemicals that can react with ozone, so tying things to them is tricky. In addition, the weather has a big influence on ozone's destruction. The atmosphere over Antarctica picks up the CFCs during the Southern Hemisphere summer as they're brought down by winds from the mid-latitudes. Over the winter, strong winds block off a variable-sized region above the pole where the hole develops.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/5/18

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