U.S. Department of Commerce Extends Huawei Temporary General License

U.S. Department of Commerce Extends Huawei Temporary General License KCPullen@doc.gov Mon, 11/18/2019 – 11:45 Trade enforcement FOR IMMEDIATE RELEASE Monday, November 18, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Today, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced that it will extend for 90 days the Temporary General … Read moreU.S. Department of Commerce Extends Huawei Temporary General License

Defend America’s Fabricated Steel Industry

Editor’s note: This video by the American Institute of Steel Construction is a vivid illustration of how we wrongly give up whole US industries that pay large numbers of workers well. When we lose those jobs, we diminish the purchasing power of whole communities because wages are pushed down regionally. And we lose innovation for … Read moreDefend America’s Fabricated Steel Industry

‘Absolutely No Mercy’: Leaked Files Expose How China Organized Mass Detentions of Muslims

Editor’s note: China is not just another country. It is a bad actor. It is a threat. Appeasement and engagement failed. Decoupling is needed. And containment. We can no longer enable the Xi regime with trade and investment. More than 400 pages of internal Chinese documents provide an unprecedented inside look at the crackdown on … Read more‘Absolutely No Mercy’: Leaked Files Expose How China Organized Mass Detentions of Muslims

‘Job quality index’ may help explain why Nevada grows poorer as it grows

Editor’s note: Our Job Quality Index is picked up in Nevada as commentators start to think about how job growth can happen without improving the economy. Perhaps it can help local regions turn away from creating service sector jobs in economic planning.  Politicians love to cite a falling unemployment rate as evidence of the wisdom … Read more‘Job quality index’ may help explain why Nevada grows poorer as it grows

The Well-Worn Path from Prison to Homelessness

We’ve previously reported on the shocking way newly released prisoners have been treated in the UK, being given tents and sleeping bags to use on their first night out because no social housing is available for them. As bad as … Continue reading → The post The Well-Worn Path from Prison to Homelessness appeared first … Read moreThe Well-Worn Path from Prison to Homelessness

HYRECAR vs. TURO vs. FAIR vs. LYFT EXPRESS (Comparison)

HyreCar Alternatives & Competitors There are a lot of services out there that pair with or complement the rideshare services jobs out there. Four of them are HyreCar, Turo, Fair and Lyft Express. I’m going to break them all down, describe their services and then do a compare and contrast of the four services. One … Read moreHYRECAR vs. TURO vs. FAIR vs. LYFT EXPRESS (Comparison)

Vodafone Idea to raise mobile services rates

Debt-ridden telecom operator Vodafone Idea on Monday said it will raise mobile services rates from December 1 in the wake of ongoing financial stress. “To ensure that its customers continue to enjoy world class digital experiences, Vodafone Idea will suitably increase the prices of its tariffs effective December 1, 2019,” Vodafone Idea said in a … Read moreVodafone Idea to raise mobile services rates

Number of Indian students in the US surpassed 200,000: Report

Cover Photo courtesy: India Club at Georgia Tech New Delhi, Nov 18 (IANS) The number of Indians studying in the US increased by almost three per cent over the last year to 202,014, — the sixth consecutive year marking such growth. According to the 2019 Open Doors Report on International Educational Exchange released on Monday, … Read moreNumber of Indian students in the US surpassed 200,000: Report

“Every Union Should Consider Endorsing Bernie”

Los Angeles educators voted last week to endorse Bernie Sanders for president. Arlene Inouye of United Teachers Los Angeles speaks to us about the significance of their historic endorsement and the urgency of this political moment. Educators, parents, students, and supporters of the Los Angeles teachers strike wave and cheer in Grand Park on January … Read more“Every Union Should Consider Endorsing Bernie”

Labour Can Make a Radically Fairer Britain

If its plans are carried out, Jeremy Corbyn’s Labour Party will radically transform the UK’s economic geography — shifting power and wealth out of a few tiny corners of London, and placing both into the hands of workers across the country. Labour Party leader Jeremy Corbyn stands with Shadow Chancellor John McDonnell after his major … Read moreLabour Can Make a Radically Fairer Britain

The Earned Income Tax Credit and Infant Health Revisited — by Daniel L. Dench, Theodore J. Joyce

Hoynes, Miller and Simon (2015), henceforth HMS, report that the national expansion of the Earned Income Tax Credit (EITC) is associated with decreases in low birth weight. We question their findings. HMS’s difference-in-differences estimates are unidentified in some comparisons, while failed placebo tests undermine others. Their effects lack a plausible mechanism as the association between … Read moreThe Earned Income Tax Credit and Infant Health Revisited — by Daniel L. Dench, Theodore J. Joyce

How do Hospitals Respond to Payment Incentives? — by Gautam Gowrisankaran, Keith A. Joiner, Jianjing Lin

A literature has found that medical providers inflate bills and report more conditions given financial incentives. We evaluate whether Medicare reimbursement incentives are driven more by bill inflation or coding costs. Medicare reformed its payment mechanism for inpatient hospitalizations in 2007, increasing coding costs. We first examine whether increased extra reimbursements from reporting more diagnoses … Read moreHow do Hospitals Respond to Payment Incentives? — by Gautam Gowrisankaran, Keith A. Joiner, Jianjing Lin

Recruit to Reject? Harvard and African American Applicants — by Peter Arcidiacono, Josh Kinsler, Tyler Ransom

Over the past 20 years, elite colleges in the US have seen dramatic increases in applications. We provide context for part of this trend using detailed data on Harvard University that was unsealed as part of the SFFA v. Harvard lawsuit. We show that Harvard encourages applications from many students who effectively have no chance … Read moreRecruit to Reject? Harvard and African American Applicants — by Peter Arcidiacono, Josh Kinsler, Tyler Ransom

Economic Consequences of Housing Speculation — by Zhenyu Gao, Michael Sockin, Wei Xiong

By exploiting variation in state capital gains taxation as an instrument, we analyze the economic consequences of housing speculation during the U.S. housing boom in the 2000s. We find that housing speculation, anchored, in part, on extrapolation of past housing price changes, led not only to greater price appreciation, economic expansions, and housing construction during … Read moreEconomic Consequences of Housing Speculation — by Zhenyu Gao, Michael Sockin, Wei Xiong

Nonbank Lending — by Sergey Chernenko, Isil Erel, Robert Prilmeier

We provide novel systematic evidence on the extent and terms of direct lending by nonbank financial institutions, and explore whether banks are still special in lending to informationally opaque firms. Analyzing hand-collected data for a random sample of publicly-traded middle-market firms during the 2010-2015 period, we show that nonbank lending is widespread, with 32% of … Read moreNonbank Lending — by Sergey Chernenko, Isil Erel, Robert Prilmeier