Michael Johnston submits:Continuing a very active month for the ETF industry, State Street rolled out three new sector-specific funds on Thursday. Each of the new products will provide more targeted exposure than the ultra-popular sector SPDRs that focus on the nine major industries of the U.S. economy. The new ETFs include:
Steve Benen observes a curious exchange at the Senate Finance Committee:
“Are you aware that if you take out gun accidents and auto accidents, that the United States actually is better than those other countries?” Ensign said. Sen. Kent Conrad (D-ND) had been citing the health care systems of France, Germany, Japan and Canada as more effective, but with lower costs.
Conrad responded that one can bend statistics in all sorts of ways.
The Patient Protection and Affordable Care Act is primarily about the provision of health insurance to people, but it does include a number of important provisions in the lifestyle, wellness, and prevention space that offers the most cost-effective route to improved health.
By Kate Sheppard
Among the many positive outcomes of carbon-reduction policy often ignored when looking at the costs are the health benefits. In fact, health savings due to improvements in air quality alone would outweigh the potential costs of cutting carbon, as one study earlier this year found.
Dora L. Costa, Matthew E. Kahn, 19 May 2010How should households be encouraged to reduce electricity consumption? This column presents evidence from the US of a randomised “nudging” strategy – providing energy saving tips as well as information on electricity usage relative to neighbours. It finds that while energy conservation nudges work with liberals, they backfire with conservatives. Certain pockets of Republican registered voters actually increased their electricity consumption in reaction to the nudge.