Saturday, August 14, 2021

In the news, Friday, August 6, 2021


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AUG 05      INDEX      AUG 07
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from Las Vegas Review-Journal
RIGHT-CENTER BIAS,  HIGH,  major daily newspaper in Las Vegas, Nevada

Don’t blame the vaccines for growing numbers of COVID-19 cases in fully inoculated people, health authorities say. Instead, many point to the more infectious delta variant with the still-high numbers of unvaccinated individuals who are fueling the virus’s wildfire-like spread in Las Vegas and communities across the country. The delta variant “is now being transmitted so much among the unvaccinated, there’s spillover into the vaccinated population,” said Dr. William Schaffner, a professor in the Division of Infectious Diseases at the Vanderbilt University School of Medicine. Despite rising numbers of these so-called breakthrough cases, the rate of infection in vaccinated people remains very low, suggesting that the protection provided by the shots hasn’t waned, he and other experts said.

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from Mises Institute
RIGHT-CENTER BIAS, MIXED


Critics of Austrian economics often say that praxeology lacks rigor. Praxeologists rely on imprecise verbal logic that is difficult to assess. Instead, modern neoclassical economics is to a large extent couched in mathematics. The definitions and axioms of the model used are stated exactly, and then theorems can be proved to follow from them. Isn’t the Austrian school behind the times in not availing itself of the modern tools that mathematics provides? Austrians respond to this that verbal reasoning can be as exact as mathematical, and that there are advantages to avoiding mathematics in economic theory. In particular, the functional equations of mathematics are inadequate to express causal relations.

The value of a good results from the knowledge that each partial attainment of that good is linked with a satisfaction of wants. A good is valued with the knowledge that its use serves to satisfy our desires.

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from Moscow-Pullman Daily News

The founder and president of Schweitzer Engineering Laboratories wrote a letter to Washington Gov. Jay Inslee asking him to end a new state-mandated insurance program he believes is unfair to SEL’s employees living in Washington and Idaho. Edmund Schweitzer’s letter criticized the Long-Term Care Trust Act, which established a mandatory long-term care insurance benefit in 2019. The benefit is called the WA Cares Fund and will pay benefits of as much as $36,500 starting in 2025. To fund it, Washington employees will begin paying payroll tax starting Jan.1. “I am urging you to use your authority to stop this Act before employees begin paying for something they don’t want, need, or may never see even if they did want it,” Schweitzer wrote to Inslee. “We’ve heard a lot from folks, nothing positive.” The letter states that SEL’s human resources department has received more than 400 emails from the company’s employees saying they do not want this benefit.

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from Spokane Daily Chronicle

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from The Spokesman-Review
Newspaper in Spokane, Washington

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