Money and Computing: Janet Yellen: "The Biggest Surprise in the US Economy This Year Has Been Inflation"
"I have spoken about some of the uncertainties associated with the inflation outlook in particular, and we will be paying close attention to the inflation data in the months ahead. But uncertainty about the outlook is by no means limited to inflation. As always, the Committee will adjust the stance of monetary policy in response to incoming economic information and the evolution of the economic outlook to achieve its objectives of maximum employment and stable prices. Moreover, we are mindful of the possibility that shifting expectations concerning the path of US policy can lead to spillovers to other economies via financial markets and the value of the dollar."
Authors: Why Write? It's Like Everest! - Because It's There
Remembering Joan L. Cannon: I write because I can't help it. A better question would be why can't I help it? First, I need to find out what I know; second, I need to discover what I don't know; third, I need to note what I must not forget. I’m an indifferent amateur painter, and the other visual arts are beyond my talents altogether; I can't perform music. I find I can put words on paper. They can do for me what nothing else can.
Authors: Trump Executive Order Will Create a Health Insurance Race to the Bottom; Going Back to the Days of Junk Insurance and Insurers That Cannot Pay Claims Hurts Consumers
President Trump's Executive Order threatens the continued existence of comprehensive health insurance coverage. Once Trump's Executive Order is implemented by federal agencies, those who are sick may no longer be provided coverage that meets their health care needs. Health insurers may sell across state lines today, but Trump's Executive Order is intended to allow the sale of products across state lines without requiring compliance with the consumer protection laws of the state in which the product is sold. This change in the long-standing state-based regulatory approach is very harmful to consumers.
Women of Note: Culture Watch: Jo Freeman's Review of Constance Baker Motley, One Woman's Fight for Civil Rights and Equal Justice Under Law
Jo Freeman writes: Constance Baker Motley was the first black woman to be appointed as a federal judge. But it was what she did before becoming a judge that warrants this biography. For twenty years she was on the front line of the legal assault on segregation, arguing dozens of cases as the only female attorney on the staff of the NAACP Legal Defense and Education Fund. I knew Pauli Murray and I met CBM, at a conference in 1998. I would love to hear a debate between the two of them on race and gender. Ford does an excellent job of describing CBM's impressive life and work. Maybe he should write his next book on Pauli Murray.
Authors: New Regulations Broadening Employer Exemptions to Contraceptive Coverage: For Many Women, Their Employers Will Determine Whether They Have No-cost Coverage to the Full Range of FDA Approved Methods
The Trump Administration has issued new regulations that significantly broaden employers’ ability to be exempt from the Affordable Care Act’s (ACA) contraceptive coverage requirement. The regulation opens the door for any employer or college/ university with a student health plan with objections to contraceptive coverage based on religious beliefs to qualify for an exemption. Any nonprofit or closely-held for-profit employer with moral objections to contraceptive coverage also qualifies for an exemption. Their female employees, dependents and students will no longer be entitled to coverage for the full range of FDA approved contraceptives at no cost.
News and Issues: Effects of Missouri’s Repeal of Its Handgun Purchaser Licensing Law on Homicides: The Repeal Coincided with a Sharp Increase in the Percentage of Crime Guns Recovered by Missouri Police From 56.4% in 2006 to 71.8% in 2012
This study estimates the impact of Missouri’s 2007 repeal of its permit-to-purchase (PTP) handgun law on states’ homicide rates and controls for changes in poverty, unemployment, crime, incarceration, policing levels, and other policies that could potentially affect homicides. Using Uniform Crime Reporting data from police through 2012, the law’s repeal was associated with increased annual murders rates of 0.93 per 100,000 (+16%). These estimated effects translate to increases of between 55 and 63 homicides per year in Missouri.
News and Issues: How Hurricane Responders Track People Whose Lives Depend on Power: Registries of Medically Fragile Residents
As the US population ages and more people opt for home health care services instead of lengthy hospital and nursing home stays, the number of Americans who rely on the electrical grid to power life-sustaining home devices is soaring. Hurricane Sandy, which hit the East Coast in 2012, caused prolonged power losses for millions of residents in 17 states and sent hundreds of medically fragile people to hospital emergency departments to plug in their devices. At the same time, people with life-threatening injuries were crowding the same hospitals, creating chaos and death. That’s when the U.S. Department of Health and Human Services decided to help states locate and care for electricity-dependent residents during natural disasters. Using Medicare claims data, the agency created a database of people who use home medical equipment paid for by the federal insurance program for the elderly and disabled.
Authors: Elaine Soloway's Rookie Widow and Transplant Series: The Hat; This Roommate Feels Familiar; Woof
Elaine Soloway writes: I figured that the straw hat, with a weave that allows air to flow through, would not create the heat generated by a baseball cap. Perhaps, my disappearing shoots would magically reappear. So although the Fedora was purchased as sort of a prescription, I soon found that it was bringing me other benefits: people were stopping me on the street, or calling out from cars with, "Hey, I like your hat!" I raised [my daughters] without judgment because I wanted to do the opposite of my mother. Their grandmother undoubtedly loved me, but her criticism of my weight, my slouch, and other attributes that reminded her of my father, who she nagged often, wounded me.






