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There Are 10 Times More Mentally Ill People Behind Bars Than in State Hospitals

There Are 10 Times More Mentally Ill People Behind Bars Than in State Hospitals Putting the mentally ill in jails instead of hospitals isn’t saving the government any money. … The average stay for an inmate at Rikers is 42 days. Mentally ill inmates get stuck there for an average of 215 days. The stigma […]

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economics Uncategorized

Work Like a German

Work Like a German Germany suffered a more precipitous drop in gross domestic product than the United States, but it experienced almost no change in unemployment. Here, it doubled. Today, unemployment in Germany is actually lower than it was pre-crisis, and long-term unemployment is negligible. Rather than enforce austerity on the population, German reformed and […]

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economics Uncategorized

The Carbon Tax:Economists Have A One-Page Solution To Climate Change

The Carbon Tax:Economists Have A One-Page Solution To Climate Change This is why economists love a carbon tax: One change to the tax code and the entire economy shifts to reduce carbon emissions. No complicated regulations. No rules for what kind of gas mileage cars have to get or what specific fraction of electricity has […]

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science Uncategorized

White House Grants Aaron Swartz’s Wish: Taxpayer-Funded Research Will Be Free

White House Grants Aaron Swartz’s Wish: Taxpayer-Funded Research Will Be Free This is such a no-brainer that I am shocked it took 15 years from first suggestion to approval.

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U.N. Drone Investigator Might Be a Deadly Robot’s Worst Nightmare

U.N. Drone Investigator Might Be a Deadly Robot’s Worst Nightmare That carries the possibility of a reckoning with the human damage left by drones, the first such witnessing by the international community. Accountability, Emmerson tells Danger Room in a Monday phone interview, “is the central purpose of the report.” So, will the administration agree to […]

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economics Uncategorized

Ray Dalio calls for more stimulus

Ray Dalio calls for more stimulus We will also need fiscal stimulation by the government, which of course, is very classic. Governments have to spend more when sales and tax revenue go down and as unemployment and other social benefits kick in and there is a redistribution of wealth. That’s why there is going to […]

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economics Uncategorized

Scott Walker to campaign on made-up jobs data.

Scott Walker to campaign on made-up jobs data. Wisconsin lost 23,900 jobs between March 2011 and 2012, according to the bureau, which will release fresh estimates tomorrow. Walker, who promised to create 250,000 jobs by the end of his first term in 2014, says the state is performing better than that. He said while campaigning […]

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politics Uncategorized

Low-income students with high test scores are less likely to finish college than high-income students with low test scores (via Equality of Opportunity? Never Mind – NYTimes.com)

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economics Uncategorized

The invisible welfare state of the top one percent

The invisible welfare state of the top one percent “Indirect social policies offer benefits that are comparable to direct social benefits both in their purposes and in their costs,” Mettler and Koch write. “Both are targeted to specific groups of people, aimed to reward some kind of activity or some class of persons whom policymakers […]

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science Uncategorized

How German Solar Has Made All German Electricity Cheaper

How German Solar Has Made All German Electricity Cheaper The Fraunhofer Institute found that – as a result of the Merit Order ranking system – solar power had reduced the price of electricity on the EPEX exchange by 10 percent on the average, with reductions peaking at up to 40 percent in the early afternoon […]