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What We Read Today 26 December 2013

admin by admin
12월 26, 2013
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Econintersect: Click Read more >> below graphic to see today’s list.


The top of today’s reading list reports on the role of sugar uptake in causing breast cancer …….. and the tenth article describes how eliminating long-term unemployment benefits in North Carolina reduced to unemployment rate without increasing employment.  The bonus (11th) article reports that 93% of hospital executives believe Obamacare with improve health results and reduce costs for their institutions.

Role of sugar uptake in breast cancer revealed (R&D, 18 December 2013) There may be a simple test of a specific glucose transporter to give early warning of cancer and to track progress toward remission.

Was Scrooge a Neoliberal? (Yves Smith, Naked Capitalism) Some serious thought for the day after Christmas.

The EPA Screwed Up When It Dropped This Fracking Investigation (Douwe Miedema, Reuters, Business Insider) This one of many fracking investigations that the EPA has abandoned documented in a GEI News feature from ProPublica 16 July 2013.

The Fed Tapered Perfectly – Here’s What It Needs To Do Next (Matthew O’Brien, The Atlantic) The Fed doesn’t need to keep monetary stimulus constant even as it tapers. It needs to figure out how to increase monetary stimulus even as it tapers.

PCE-inflation-projections

  • 7 Grammar Mistakes You’re Probably Making (Huffington Post, 18 December 2013) One that this editor is very sensitive about is the misuse of objective and subjective pronouns, especially ‘me’ (objective) and ‘I’ (subjective), but also ‘him’ and ‘her’ (sublective) vs. ‘he’ and ‘she’ (objective).

The most common error (it’s almost universal in American speech and now is common in writing) is the misuse of the subjective pronoun ‘I’ as an objective pronoun. How do you do? Pick which two of the following statements are grammatically correct:

    • Gramma gave candy to she and I.
    • Gramma gave candy to him and I.
    • Gramma gave candy to him and me.
    • Gramma gave candy to she and me.
    • The guilty persons are her and me.
    • The guilty persons are her and I.
    • The guilty persons are he and me.
    • The guilty persons are he and I.

If readers will post comments here (or send an email to [email protected]), Econintersect will post more on this topic. Names will not be revealed when comments submitted by email are quoted. In no case will commenters online who don’t have all the grammar correctly defined be referenced by name in further posts. Of course commenters may request they be identified by name.

  • A Christmas Wish: A Less Debt-Obsessed GOP (James Pethokoukis, National Review Online)
  • Quarterly Housing Starts by Intent compared to New Home Sales (Bill McBride, Calculated Risk) See also analysis of this data by Steven Hansen and Lee Adler at GEI Analysis.

Click on graph for larger image at Calulated Risk.
housing-Starts-Sales-CR-Q3-2013-600px

  • Here’s The Reading List For Paul Krugman’s Class On The Great Recession Next Semester (Steven Perlberg, Business Insider) I’d like to compare this to a list Steve Keen, Bill Mitchell, Randy Wray, Michael Hudson or quite a few others would have for a course on the same topic.
  • We Saw ‘Wolf Of Wall Street’ With A Bunch Of Wall Street Dudes And It Was Disturbing (Steven Perlberg, Business Insider) Creepy criminals as heros?
  • North Carolina Has Demonstrated What Happens When We End Extended Unemployment Benefits (Julia La Roche, Business Insider) The original Bloomberg article was on the ‘Reading List‘ Tuesday (24 December) but this post had a good graph. Look how the unemployment rate came down!!! However, the predominant reason is because the labor force shrank and the participation rate declined. Not because employment increased.

north-carolina-unemployment

BONUS

  • 93 percent of hospital executives think Obamacare will make health care better (Ezra Klein, The Washington Post) For their institutions: 93% say quality will be better, 91% say costs will be lower. For U.S. health care in general 65% say it will be better.

obamacare-improvement-ezra-klein-2013-dec-19

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