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“People who live in rural areas are more likely to own their own homes, live in their state of birth and have served in the military than their urban counterparts, according to the latest data from the U.S. Census Bureau’s American Community Survey…As the nation’s largest household survey, the American Community Survey is the only …
Jesse Singal, Science of Us, December 9, 2016: – “About a year ago, the husband-and-wife team of Anne Case and Angus Deaton published some alarming numbers: Unlike citizens of just about every other wealthy, advanced country, and most other American subgroups, middle-aged white Americans have not seen reductions in their mortality between 1999 and 2013, …
“In “The Wealthy-Hand-to-Mouth,” authors Greg Kaplan of Princeton University, Giovanni Violante of New York University and Justin Weidner of Princeton University find that both the wealthy hand-to-mouth (those with little or no liquid wealth but substantial holdings of illiquid assets – those that carry a transaction cost to access, such as housing, large durables, or …
Washington Post – Secret CIA assessment says Russia was trying to help Trump win White House “The CIA has concluded in a secret assessment that Russia intervened in the 2016 election to help Donald Trump win the presidency, rather than just to undermine confidence in the U.S. electoral system, according to officials briefed on the …
WSJ – December 8, 2016: “Big banks have an unexpected message for President-elect Donald Trump: Don’t trash the Dodd-Frank Act. “We’re not asking for wholesale throwing out Dodd-Frank,” J.P. Morgan Chase & Co. chief James Dimon said at a financial-services conference this week where he and other big-bank executives spoke, often addressing potential regulatory changes …
DATA Act: Implementation Progresses but Challenges Remain, GAO-17-282T: Published: Dec 8, 2016. Publicly Released: Dec 8, 2016: “The DATA Act requires OMB and Treasury to establish government-wide data standards and requires federal agencies to begin reporting financial and payment data in accordance with these standards by May 2017. The act also requires establishment of a …
Washington Post: “The transition team has asked department officials to identify which employees have worked on forging an international climate pact, raising concerns that Donald Trump’s team may be singling out people who have helped implement certain policies under President Obama….The Trump transition team has issued a list of 74 questions for the Energy Department, …
NOAA – December 8, 2016: “Today, the U.S. established additional protections for the national economy, global food security, and the sustainability of our shared ocean resources. NOAA Fisheries will administer the Seafood Import Monitoring Program to further curb Illegal, Unreported and Unregulated (IUU) fishing practices and to identify misrepresented seafood imports before they enter the …
“The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public—which has more than doubled relative to the size of the economy since 2007—and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits …
Distributional National Accounts: Methods and Estimates for the United States – Thomas Piketty (Paris School of Economics); Emmanuel Saez (UC Berkeley and NBER); Gabriel Zucman (UC Berkeley and NBER). December 2, 2016 Abstract – “This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since …
“Global Trends 2030: Alternative Worlds is the fifth installment in the National Intelligence Council’s series aimed at providing a framework for thinking about the future. As with previous editions, we hope that this report will stimulate strategic thinking by identifying critical trends and potential discontinuities. We distinguish between megatrends, those factors that will likely occur …
Coinbase blog: “Today, we’re excited to announce the release of a Blockchain Token Securities Law Framework. We’ve also created a Framework Tool as a guide for developers and users of blockchain tokens. As the development of blockchain tokens (also known as App Coins) continues to enable new decentralized business models, new legal issues come into …
