What We’re Watching – August 28
Ben Smithwick – Helping Citizens Understand a World without Fossil Fuels
Ronald Stein, co-author of the new book Just GREEN Electricity – Helping Citizens Understand a World without Fossil Fuels, discusses the dangers of overreliance on renewable energy.
Tim Anaya – Making Biosimilars and Gene Therapies Affordable and Accessible
In the second to last (!) episode of PRI’s “Escape the Drug Pricing Maze” series, the Professor and Pete explore reforms to fix a broken system and encourage the use of cheaper biosimilars that can help patients and the health care system save big. They also learn what can be done to make very expensive gene therapies that provide a lot of value for patients more affordable and accessible.
Kerry Jackson – Is California Going Up in Flames?
Prager University produces again a video the progressives will want to suppress. This time it’s a factual explanation of why California is on fire year after year.
Rowena Itchon – FAP (Fed Asst’d Printing)
Check out Remy’s latest parody on Reason TV – “Fed Asst’d Printing”
Evan Harris – Major Change in Federal Reserve Policy Announced
At yesterday’s Jackson Hole Economic Policy Symposium (held virtually), Fed Chair Jerome Powell announced a major policy change that is being called “average inflation targeting.” Powell’s comments begin at the 29:00 minute mark.
What does that mean for all of us? Zero or near zero interest rates for the foreseeable future. The Fed is backing away from it’s recent practice of raising interest rates once inflation nears two percent. Powell called the policy change a robust updating and says inflation will be allowed to run moderately above the standard two percent baseline.