Money and Computing
Southwest Border Security: CBP Is Evaluating Designs and Locations for Border Barriers but Is Proceeding Without Key Information
"CBP and U.S. Border Patrol developed a methodology for prioritizing future barrier deployments along the entire southwest border, which included input from Border Patrol officials, data on illegal entry traffic, and analysis of operational and engineering feasibility for each potential location. However, the strategy did not include analysis of the costs associated with deploying barriers in each location or segment, which can vary depending on topography, land ownership, and other factors. Without assessing costs, consistent with leading practices for capital decision making, CBP does not have complete information for prioritizing locations to use its resources in the most cost-effective manner." more »
How America Got Hooked on a Deadly Drug and How Rival Opioid Makers Sought To Cash In On Alarm Over OxyContin’s Dangers
Purdue’s 1996-2002 marketing plans for OxyContin, which Kaiser Health News made public this year for the first time, offer an unprecedented look at how that company spent millions of dollars to push opioids for growing legions of pain sufferers. Some of those drugmakers’ sales promotions downplayed or ignored the risks of taking opioids, or made false claims about their safety, federal regulators have asserted in warning letters to the companies. A wave of lawsuits demanding reimbursement and accountability for the opioid crisis now ravaging communities has heightened awareness about how and when drug makers realized the potential dangers of their products. more »
The Great Recession: Gen X Rebounds as the Only Generation to Recover the Wealth Lost After the Housing Crash
Few American homeowners were spared from the broad housing collapse a decade ago, but Generation Xers were hit particularly hard. Newer to the housing market, more likely to be buying at peak prices and taking on more mortgage debt to buy their homes, they lost more wealth than other generations. But a new Pew Research Center analysis of Federal Reserve data finds that Gen Xers are the only generation of households to recover the wealth they lost during the Great Recession. more »
What Research Says About How Bad Information Spreads Online
"A 2017 study in the Journal of Economic Perspectives examined the consumption of false news in the US during the months leading up to the 2016 presidential election. In a survey of 1,208 U.S. adults, 15 percent said they remembered seeing false news stories, and 8 percent acknowledged seeing one of these stories and believing it. The study’s authors — Hunt Allcott, an associate economics professor at New York University, and Matthew Gentzkow, an economics professor at Stanford University — estimated that US adults, on average, 'read and remembered on the order of one or perhaps several fake news articles during the election period.'" more »