Articles

Joan L. Cannon recalls: Wanamaker's sold pianos: grand, spinet, or upright; upholstery fabrics, draperies, and kitchen appliances. Everything that our family needed, except for standard groceries and alcohol, could be found at Wanamaker's. Gift items, gourmet treats and fancy chocolates, musical instruments other than pianos, sporting goods and evening clothes, waffle irons and radios were at hand. There was mass-produced and one-of-a-kind art, gift items, radios and phonographs … and on and on. I wish something like Wanamaker's could be created someday when we can look for beauty, utility and art for art's sake in a commercial venue — when we no longer need all our resources for trying to save our species and our planet. more »

This brief explores the implications for Medicare and beneficiaries of repealing Medicare provisions in the ACA. The Congressional Budget Office (CBO) has estimated that full repeal of the ACA would increase Medicare spending by $802 billion from 2016 to 2025. Full repeal would increase spending primarily by restoring higher payments to health care providers and Medicare Advantage plans. The increase in Medicare spending would likely lead to higher Medicare premiums, deductibles, and cost sharing for beneficiaries, and accelerate the insolvency of the Medicare Part A trust fund. Policymakers will confront decisions about the Medicare provisions in the ACA in their efforts to repeal and replace the law.  more »

Janet Yellen Following FOMC Meeting: "On financial regulation we lived through a devastating financial crisis that took a huge toll on our economy. Most members of Congress and the public came away from that experience feeling it was important to take a set of steps that would result in a safer and stronger financial system. I feel that we have done that. That has been our mission since the financial crisis; that's what *Dodd Frank was designed to do." more »

For the new work, Joel Cracraft, George Barrowclough, and their colleagues at Nebraska University, Lincoln and Washington University examined a random sample of 200 bird species through the lens of morphology — the study of the physical characteristics like plumage pattern and color, which can be used to highlight birds with separate evolutionary histories. This method turned up, on average, nearly two different species for each of the 200 birds studied. This suggests that bird biodiversity is severely underestimated, and is likely closer to 18,000 species worldwide.  more »