new_time
Joined 6 years ago
Joined 6 years ago
That's why printing cash (whether in the form of UBI or any other cash printing social program) is not a sustainable solution for lifting people out of poverty or building a healthy economy. There are always negative long term effects that end up hurting the poor and middle classes even more. Even if there's not inflation of consumer goods, there's inflation of investment grade assets.
In light of this, Abraham Flexner was commissioned by the Carnegie Foundation to produce a report on the state of medical education and to make recommendations.
The Flexner Report was published in book form in 1910 and set forth a programme of reform for medical education and the broader healthcare system in America. The structure envisioned by Flexner largely remains with us to this day.
The crux of the problem is that in response to a very chaotic system, order was imposed in the form of strict licensing and educational requirements which made sense given the problems of the time but have contributed to new problems in our time. Outdated regulations, standard practices and conventions have artificially restricted supply of qualified medical personnel in America and it's time we address these structural issues.
Targeted reform of the system is the best solution for American healthcare.
The inhabitants of these communities were the same Neolithic farmers who crossed from the Near East, over Anatolia into Greece and then up into the rest of Europe around 8000 years ago.
They not only introduced farming to Europe, but also herding and domesticated cows and sheep. There is some linguistic evidence that the word Taurus (representing the bull in the Zodiac) is a remnant of the language these people spoke, which would make sense as they were the ones to introduce the bull to the ancestors of the Proto-Indo-European speakers.
The point of lockdown was never to completely eliminate the virus, it was to buy industry, academia and government time to prepare to deal with the virus when we begin reopening.
For a less biased look at the history of the American oil industry by way of Rockefeller and Standard Oil, I strongly recommend Titan by Ron Chernow - author of Hamilton - which is an excellent account of Rockefeller and Standard Oil, both the good and the bad.
A relationship done poorly can be abusive. Similarly, public private partnerships done poorly can lead to enrichment of politically connected cronies. But that is not the only way.