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Dream On
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Richard C. Leone,
The Century Foundation,
9/2/2010
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Though most of us are all sobered up, there remains in the minds of many investors the whispered questions: “Is it time to get back in?” “Will I miss the big move that gets me back to even?” We’re often still susceptible to the siren call of the markets, despite the costly lesson of believing in the “The wisdom of crowds,” “Dow 36000,” or the so-called “the risk-free premium.” We want these things to be true. Who wouldn’t want to live in a time of endless prosperity – in a world where all problems vanish as the magic of the market provides the plenty from which flows more jobs and goods? This yearning – this uncritical belief system – underpinned the conviction that the magic of markets could lead to wealth for all (see privatized Social Security), and the less regulation the better (see your daily newspaper, if you still have one). Continue Reading on the Taking Note Blog.
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Baghdad Endgame and Afghan Ambiguity
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Jeffrey Laurenti,
The Century Foundation,
9/1/2010
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Out of one war, working our way out of the other, was President Obama's message Tuesday night in announcing the withdrawal of the last U.S. combat forces in Iraq. The president claimed credit, legitimately, for having stuck to his campaign promise and timetable to end the American war in Iraq—an unprovoked war that shredded the credibility of American global leadership. His Republican adversaries were reduced to complaining that Obama had opposed his predecessor's gamble on a big troop increase, or "surge," in the war's fifth year —though they modestly decline to claim due credit for having started the war in the first place.
Continue Reading on the Taking Note Blog.
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The Platform: Afghanistan: As Tough as Reporting Gets
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Peter Osnos,
The Century Foundation,
9/1/2010
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The war in Afghanistan, already the longest conflict in American history, may also be the most difficult major military operation reporters have had to cover in the modern age of journalism and communications. By contrast, the Iraq invasion was a classic undertaking on a grand scale.
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The Snapshot: Let’s Hear it for Government Regulation!
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Ruy Teixeira,
The Century Foundation,
8/30/2010
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Conservatives love to interpret the current sour public mood as rejection of the government’s role in the economy. In reality, that public sentiment is primarily traceable to the poor economy and has little to do with an embrace of conservative ideological views on government.
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When I was your age...
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Catherine Vieth,
The Century Foundation,
8/30/2010
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“I became an adult at 22: Why can't you?” Nelle Engoron’s piece in Salon.com asked. The column, an excerpt from her blog, comes on the heels of the New York Times’ piece on twentysomethings a few days ago. Hers is not the only response to the piece, but she got at something different than most responses. Engoron asserts that twentysomethings today are actively choosing not to become adults, and instead rely on Mom and Dad for our “personal computers, cellphones, DVRs, [and] Frappuccinos.” Continue Reading on the Taking Note blog.
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Unintended Consequences of Medicare Drug Benefit
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Naomi Freundlich,
The Century Foundation,
8/27/2010
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In 2006, when the government began offering prescription drug coverage for seniors through Medicare Part D, the goal was to increase utilization of prescription drugs by the elderly who may not have been able to afford them before, and also to lower the average price of these drugs. The idea was that insurers—representing all the new Medicare Part-D recipients—would be able to use the clout of having this huge market to negotiate price discounts with pharmaceutical companies. Continue Reading on the Taking Note Blog.
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EMR Technology Experiences Growing Pains
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Naomi Freundlich,
The Century Foundation,
8/26/2010
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Last week I had my first visit with my new primary care doctor. I picked him based on recommendations (plus he’s one of the few that accepts my insurance), and also because he seemed to be an eager adopter of electronic medical records (EMR). On his website, there was a portal for making appointments on-line, asking questions of the doctor and staff by e-mail and once a registered patient, I could also use a secure system to access my medical records. With EMRs being portrayed as key drivers of quality and savings in health reform, I felt encouraged by my new doctor’s embrace of the technology. Continue Reading on the Taking Note Blog.
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The Platform: What Even Murdoch Can't Control
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Peter Osnos,
The Century Foundation,
8/25/2010
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In War at The Wall Street Journal: Inside the Struggle to Control an American Business Empire, Sarah Ellison has written a vivid and, by consensus, definitive account of how Rupert Murdoch came to buy the Dow Jones Company, controlled for more than 100 years by the Bancroft family, for a price nearly double the prevailing market value of the enterprise at the time of his deal in 2007—which also happened to be the start of the worst period in the newspaper business, well, ever.
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Putting a Lid on Health Care Inflation Is Possible
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Maggie Mahar,
The Century Foundation,
8/24/2010
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Over the past ten years the amount that health care insurers pay out to hospitals, doctors and patients has spiraled, risng by 5% to 11% each year, from roughly $1.3 trillion in 2000 to $2.5 trillion in 2009.. Yet few patients would say that the care they receive today is twice as good as the medical attention they received in 2000. Continue Reading.
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Facing the Pakistan Flood
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Morton Abramowitz,
The Century Foundation,
8/23/2010
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Great natural disasters are a defining moment for nations and their friends. They have vast humanitarian and often political consequences, nationally and internationally.The Pakistan flood is another of those sudden earthshaking disasters. The continuing flood, already almost a month old, would have overwhelmed Pakistan no matter whether its President was ineptly slow to fly home to lead the rescue. The world has to help, but the American response—almost always the most important for poorer countries—has been slow, still inadequate, but growing. Read more at Huffington Post.
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