Money and Computing
"Fed Listens", How Does Monetary Policy Affect Your Community? "Our goal is to keep inflation around 2 percent over time"
"Today's community listening session is part of a series called 'Fed Listens.' The Federal Reserve is undertaking a review to make sure we are carrying out the monetary policy goals assigned to us by the Congress in the most effective way we can... we are reaching out to communities around the country in sessions like this to understand how you are experiencing the economy day to day ... our goal is to keep inflation around 2 percent over time ... Congress has directed us to achieve the highest level of employment — and thus the lowest level of unemployment—that is consistent with price stability." more »
Elaine Soloway's The Hometown Rookie: Clubhouse, Nomad and Omen Chapters
As I search for clues to my nomadic lifestyle, I often return to that childhood in Chicago's Humboldt Park neighborhood. Was there something way back when family lived down the block, when we romped with our buddies on the concrete streets, when parents sat on folding chairs watching over us — that stuck? Is it familial closeness, comfortable camaraderie, a sense of security that has spurred my frequent quests? Or is the answer much simpler: I like moving, and I have no regrets about any of the 17. So, I hereby announce I will no longer be cowed by my compulsion. more »
Less Than You Think: Prevalence and Predictors of Fake News Dissemination on Facebook from Science Advances
So-called “fake news” has renewed concerns about the prevalence and effects of misinformation in political campaigns. Given the potential for widespread dissemination of this material, we examine the individual-level characteristics associated with sharing false articles during the 2016 US presidential campaign. To do so, we uniquely link an original survey with respondents’ sharing activity as recorded in Facebook profile data. First and foremost, we find that sharing this content was a relatively rare activity. Conservatives were more likely to share articles from fake news domains, which in 2016 were largely pro-Trump in orientation, than liberals or moderates. We also find a strong age effect, which persists after controlling for partisanship and ideology: On average, users over 65 shared nearly seven times as many articles from fake news domains as the youngest age group. more »
Senator Amy Klobuchar Wants To Stop ‘Pay-For-Delay’ Deals That Keep Drug Prices High
"Washington’s recent fixation with lowering drug costs has introduced Americans to once-insider terms like 'pharmacy benefit managers' and 'list prices.' During an April 22 CNN town hall event for Democratic candidates, Sen. Amy Klobuchar (D-Minn.) described a drugmaker practice that sounds a lot like bribery — drawing attention to yet another secretive process that lawmakers and experts say prevents patients from obtaining affordable prescription drugs. more »