Showing posts with label Consequences. Show all posts
Showing posts with label Consequences. Show all posts

Tuesday, March 10, 2020

Random charts - traffic


"In an expensive effort to curb congestion in urban regions, we have overwhelmingly prioritized one strategy: we have spent decades and hundreds of billions of dollars widening and building new highways. We added 30,511 new freeway lane-miles in the largest 100 urbanized areas between 1993 and 2017, an increase of 42 percent. That rate of expansion significantly outstripped the 32 percent growth in population in those regions over the same time period. Yet this strategy has utterly failed to “solve” congestion."

Sunday, May 13, 2018

Random chart - CEO compensation


"The policy of limiting the deductibility of even performance-based pay for CEOs has much to make it worthy of recommendation. Evidence strongly indicates that performance-based pay is not an efficiency enhancing institution that should be given preferential treatment in the tax code, so ending this preferential treatment is the rare provision in the TCJA that seems to make some economic sense. Further, ending the performance-based pay deductibility will raise a modest amount of revenue to roughly $9 billion per year (Balsam 2012). 

However, this analysis finds little evidence that ending the deductibility of performance-based pay will significantly affect the trajectory of CEO pay. We find no evidence that the provision of the ACA limiting the deductibility of CEO pay for insurers had any effect in reducing CEO compensation. This would tend to support the view that CEO pay is determined much more by the power of CEOs in corporate decision-making than the returns they generate for shareholders since the change in tax treatment unambiguously raised the cost of CEO pay to the companies that employ them. This also suggests that efforts to rein in CEO pay by limiting deductibility more generally, as was done in the Tax Cut and Jobs Act of 2017, will not be effective. In order to limit CEO pay it may be necessary to alter the rules of corporate governance in ways that increase the power of shareholders over the CEO. This assessment must be qualified by the fact that our sample included a relatively small number of firms over a span of just four years"

Sunday, May 22, 2016

Random chart - waste

Source: Managing waste in emerging markets

"... Economic growth in emerging economies is bringing prosperity, rising living standards, and overdue relief from poverty, but increased consumption typically increases resource use—especially the use of plastics—and waste production...

The Philippines is a case in point: it produces 2.7 million metric tons of plastic waste per year—600,000 metric tons in metro Manila alone. While the country has high waste-collection rates overall (84 percent nationwide), 17 percent of collected plastics is lost into the marine ecosystem after collection because of illegal dumping and poor landfill siting and operating practices. For uncollected plastics, the ocean-leakage rate is even higher, at 31 percent. The economic losses in tourism, fisheries, and healthcare are considerable. We estimate that each metric ton of uncollected mixed waste represents an average loss of approximately $375.

As Inge Lardinois and Arnold van de Klundert wrote 20 years ago: “By almost any form of evaluation, solid waste management is a growing environmental and financial problem in developing countries. Despite significant efforts in the last decades, the majority of municipalities in the developing countries cannot manage the growing volume of waste produced in their cities...”

Thursday, February 11, 2016

Random chart - water scarcity


Abstract: "Freshwater scarcity is increasingly perceived as a global systemic risk. Previous global water scarcity assessments, measuring water scarcity annually, have underestimated experienced water scarcity by failing to capture the seasonal fluctuations in water consumption and availability. We assess blue water scarcity globally at a high spatial resolution on a monthly basis. We find that two-thirds of the global population (4.0 billion people) live under conditions of severe water scarcity at least 1 month of the year. Nearly half of those people live in India and China. Half a billion people in the world face severe water scarcity all year round. Putting caps to water consumption by river basin, increasing water-use efficiencies, and better sharing of the limited freshwater resources will be key in reducing the threat posed by water scarcity on biodiversity and human welfare..."

Thursday, June 19, 2014

Random chart - confidence in news media



"... Across newspapers, TV, and Internet, confidence no higher than 22%... Confidence in newspapers has declined by more than half since its 1979 peak of 51%, while TV news has seen confidence ebb from its high of 46% in 1993, the first year that Gallup asked this question. Gallup's only previous measure of Internet news was in 1999, when confidence was 21%, little different from today..."

Sunday, June 8, 2014

Vulture update....

 Photo credit: Radio Sai

Previous blog entries mentioning vultures:

Update - May 25th, 2011
Quick update - Dec 17th, 2009
Science and side effects... - Oct 29th, 2008

Earlier blog entries, see above, discussed the die-off of vultures in India and the consequences, from the proliferation of packs of wild dogs to the difficulties faced by Parsees in their burial practices... Well, apparently vultures and eagles in Europe are now dying from the same causes. And Bombay's Parsees are still struggling with the dearth of vultures...

When Dinshaw Tamboly was about eight years old, he attended a Parsi funeral for the first time. His grandfather had passed away and his body was taken to Doongerwadi, Mumbai’s Towers of Silence, as the community’s traditional funeral site is known...  

As a trustee, Tamboly had been given charge of the upkeep of the area, a 54-acre patch of land on the eastern slope of uptown Malabar Hills that is often described as a mini-forest. Despite the rule that no one but corpse-bearers can visit the three wells where cadavers are left for vultures, Tamboly visited them to investigate the matter. “What I saw was horrible,” he says. “There were piles of hundreds of corpses in different stages of decomposition, rotting in the open. When I looked around, there was not a single vulture around,” he says. Asked, the corpse-bearers there told him that rather few vultures ever descended to the wells, leaving corpses uneaten for long periods of time. Other avian visitors such as crows and kites would sometimes fly off with and drop pieces of flesh on the terraces of nearby houses and balconies of buildings...

The issue has created a deep rift within the community. Zoroastrian high priests have strictly forbidden cremation and burial, branding all those who choose or advocate these as ‘renegades’; fire and earth are holy under the tenets of the faith and are not to be defiled..."  Read on.

Sunday, March 30, 2014

Random charts - charity care

 


"... A new analysis released today by the Alliance for Integrity and Reform of 340B (AIR 340B) indicates that a substantial portion of hospitals enrolled in the 340B program provide only a minimal amount of charity care; as such, they may not be fulfilling Congress’ expectations. The study, compiled from newly available public data analyzed by Avalere Health, noted that the 340B drug discount program was designed by Congress to help safety net providers improve access to prescription medicines for uninsured, vulnerable patients in the outpatient hospital setting. Yet, the analysis shows, most hospitals that benefit from the program provide less charity care than the national average for all hospitals, and charity care in about a quarter of all 340B hospitals represents 1% or less of total patient costs. A small number of 340B hospitals provide the lion’s share of all charity care delivered by 340B hospitals. These findings raise pressing questions about the 340B eligibility criteria for DSH hospitals. “340B is a valuable program, but it doesn’t always work the way Congress intended”

The Alliance styles itself "... a coalition of patient advocacy groups, clinical care providers and biopharmaceutical innovators dedicated to reforming and strengthening the 340B program to ensure it directly supports access to outpatient prescription medicines for uninsured indigent patients...." but critics point out the large number of drug companies that are members... 

While criticizing the report, America's Essential Hospitals' senior vice president, policy and advocacy, said people should "consider the source behind it." (see here).

Saturday, March 29, 2014

Random charts - cigarette warnings

 


Abstract
Aim
Health warning labels on cigarette packages are one way to reach youth thinking about initiating tobacco use. The purpose of this study was to examine awareness and under-standing of current health warning labels among 5 and 6 year old children.
Subjects and methods
Researchers conducted one-on-one interviews with urban and rural 5 and 6 year olds from Brazil,China, India, Nigeria, Pakistan, and Russia.
Results
Among the 2,423 participating children, 62 % were unaware of the health warnings currently featured on cigarette packages, with the lowest levels of awareness in India and the highest levels in Brazil. When shown the messages, the same percentage of participating children (62 %) showed no level of message understanding.
Conclusion
While youth are receiving social and informational messages promoting tobacco use, health warning labels featured on cigarette packages are not effectively reaching young children with anti-smoking messages."

Saturday, January 4, 2014

Random chart - obesity



"... Indeed, the world has seen an explosion in overweight and obesity in the past 30 years (Figure 1). Globally the percentage of adults who were overweight or obese grew from 23% in 1980 to 34% in 2008, with the vast majority of this increase seen in the developing world. Here, the numbers of people affected more than tripled, from around 250 million people in 1980 to 904 million in 2008. By contrast, the number of people who were overweight or obese in high-income countries increased 1.7 times over the same period. The evidence is well-established: obesity, together with excessive consumption of fat and salt, is linked to the rising global incidence of non-communicable diseases including some cancers, diabetes, heart disease and strokes. What has changed is that the majority of people who are overweight or obese today can be found in the developing, rather than the developed, world..."