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Category Archives: Knowledge Management

Federal Reserve issues FOMC statement

December 17, 2014: “Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Inflation has continued to run below the Committee’s longer-run objective, partly reflecting declines in energy prices. Market-based measures of inflation compensation have declined somewhat further; survey-based measures of longer-term inflation expectations have remained stable. Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators moving toward levels the Committee judges consistent with its dual mandate. The Committee sees the risks to the outlook for economic activity and the labor market as nearly balanced. The Committee expects inflation to rise gradually toward 2 percent as the labor market improves further and the transitory effects of lower energy prices and other factors dissipate. The Committee continues to monitor inflation developments closely. To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate. In determining how long to maintain this target range, the Committee will assess progress–both realized and expected–toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments. Based on its current assessment, the Committee judges that it can be patient in beginning to normalize the stance of monetary policy. The Committee sees this guidance as consistent with its previous statement that it likely will be appropriate to maintain the 0 to 1/4 percent target range for the federal funds rate for a considerable time following the end of its asset purchase program in October, especially if projected inflation continues to run below the Committee’s 2 percent longer-run goal, and provided that longer-term inflation expectations remain well anchored. However, if incoming information indicates faster progress toward the Committee’s employment and inflation objectives than the Committee now expects, then increases in the target range for the federal funds rate are likely to occur sooner than currently anticipated. Conversely, if progress proves slower than expected, then increases in the target range are likely to occur later than currently anticipated…”

 

Library of Congress – Cinematic Treasures Named to National Film Registry

“The horrors of war, the heroism of sacrifice, a vaudeville pioneer, the devil and a master of the macabre represent the diversity of an elite selection of films recognized for their cultural, historic or aesthetic significance. Librarian of Congress James H. Billington announced today the annual selection of 25 motion pictures to be named toContinue Reading

Achieving human and machine accessibility of cited data in scholarly publications

Starr J, Castro E, Crosas M, Dumontier M, Downs RR, Duerr R, Haak L, Haendel M, Herman I, Hodson S, Hourclé J, Kratz JE, Lin J, Nielsen LH, Nurnberger A, Pröll S, Rauber A, Sacchi S, Smith AP, Taylor M, Clark T. (2014) Achieving human and machine accessibility of cited data in scholarly publications. PeerJ PrePrintsContinue Reading

Freer and Sackler Galleries to Release Complete Digitized Collection Jan. 1, 2015

News release: “The Freer Gallery of Art and Arthur M. Sackler Gallery, the Smithsonian’s museums of Asian art, will release their entire collections online Jan. 1, 2015, providing unprecedented access to one of the world’s most important holdings of Asian and American art. The vast majority of the 40,000 artworks have never before been seenContinue Reading

Mindfulness practice leads to increases in regional brain gray matter density

“Therapeutic interventions that incorporate training in mindfulness meditation have become increasingly popular, but to date, little is known about neural mechanisms associated with these interventions. Mindfulness-Based Stress Reduction (MBSR), one of the most widely used mindfulness training programs, has been reported to produce positive effects on psychological well-being and to ameliorate symptoms of a numberContinue Reading

The role of enterprising libraries in promoting economic wellbeing

The Carnegie UK Trust – Beyond Books. The role of enterprising libraries in promoting economic wellbeing. Jennifer Peachey. “Public spending cuts are changing the physical landscape, governance models and staffing of the public library service. Changing demographics, varying consumer needs and new technologies as media for learning and accessing information have also provided challenges to the public library service. Some public libraries have taken these challenges asContinue Reading

Captured Documents Illuminate Structure of Islamic State Financing

Boston Globe: The terrorist bureaucracy: Inside the files of the Islamic State in Iraq. An exclusive look at captured documents reveals the tight organizational structure — and vulnerabilities — of a violent movement “The group takes a bureaucratic, systematized approach to maintaining power that makes it look in some ways more like a settled government thanContinue Reading

Patterns of Text Reuse in a Scientific Corpus

Patterns of Text Reuse in a Scientific Corpus. Daniel T. Citron, Paul Ginsparg (Submitted on 8 Dec 2014) “We consider the incidence of text “reuse” by researchers, via a systematic pairwise comparison of the text content of all articles deposited to arXiv.org from 1991–2012. We measure the global frequencies of three classes of text reuse, and measureContinue Reading

Avian Tree of Life Revealed

Science 12 December 2014:  Vol. 346 no. 6215 pp. 1308-1309  DOI: 10.1126/science.346.6215.1308 A flock of genomes – Guojie Zhang, Erich D. Jarvis, M. Thomas P. Gilbert  “Characterization of genomic biodiversity through comprehensive species sampling has the potential to change our understanding of evolution. To study evolution across a major vertebrate class, dissect the genomics of complex traits, andContinue Reading

Journalism Partnerships A New Era of Interest

“One recurring theme in the Pew Research Center’s journalism research over the last two years has been that of newsroom collaborations. In its examinations of nonprofit news outlets, newspaper innovations, statehouse reporting and digital startups, The center has encountered news providers teaming up in new ways. Legacy media outlets are looking more than ever for waysContinue Reading

The association between exaggeration in health related science news and academic press releases

The association between exaggeration in health related science news and academic press releases: retrospective observational study. BMJ 2014; 349 doi: http://dx.doi.org/10.1136/bmj.g7015 (Published 10 December 2014) Cite this as: BMJ 2014;349:g7015 “Objective To identify the source (press releases or news) of distortions, exaggerations, or changes to the main conclusions drawn from research that could potentially influence a reader’sContinue Reading

Web Index Annual Report 2014

WebIndexReport 2014-15 “Growing inequality is one of the defining challenges of our time. What role can the World Wide Web play in tackling it? Seven out of 10 people live in countries where the gap between rich and poor is greater than it was 30 years ago, according to Oxfam research. In some countries these disparitiesContinue Reading