Colorado and Arkansas on July 16 joined a growing list of states in the United States of American that require face coverings in public places to combat a surge in coronavirus infections, after Georgia's governor moved the other way and barred such measures from being imposed at the local level. … [Read more...] about US states issue conflicting mask orders as new COVID-19 cases set another record
Choosing wisely 5 things
Ensure that all family members’ needs are covered in the health plan. Choose a family floater health policy instead of individual health plans. In the former, there are no sub-limits member-wise. As against this, in individual plans, the amount available to the family member will be restricted to the cover available to him specifically. If you already have a health plan, review it to ensure that you have adequate cover for yourself and your family members (at least Rs 1 lakh cover per family member). Add a critical illness rider to your plan. In case of critical illness, once the illness is diagnosed, the insurance company pays out the claim amount irrespective of whether treatment/hospitalisation is needed or not. Choose a health plan which offers lifelong renewability. Make sure the health plan’s network of hospitals and doctors includes your preferences. Select an insurance company which pays out a higher number of claims; also select a cashless claims policy (the … [Read more...] about 3 critical steps to take before you start investing
Social entrepreneur Hilary Cottam has spent more than 10 years designing, building, and implementing alternative welfare systems for communities in the U.K. that don’t just manage problems, they help people escape the revolving door of aid dependency. Rather than assigning social workers to community members, for example, Cottam’s experiments allowed people to choose their own. Instead of asking how long someone has been out of work and what their qualifications are, “We say to people, ‘What do you dream of being, and who is the first person you need to know to connect you to that dream?'” she says. In 2018, Cottam, who holds a PhD in social sciences, published a book about her work, called Radical Help. Now in its sixth edition with multiple translations, it’s resonated everywhere, she says, because of how “deep changes in our society, most of which are technology driven, make those former systems no longer either affordable or socially … [Read more...] about Hilary Cottam’s ‘Radical Help’ has communities around the world rethinking (and revamping) their social programs
It’s hard to argue with Andreessen’s observation that we need better schools and public transit. But like any venture capitalist trained to identify heroic entrepreneurs, he sees solutions through the lens of Elon Musk–like supermen. His essay portrays transformational innovation as strictly a matter of personal resolve. (Andreessen Horowitz did not respond to a request for comment.) The reality, of course, is far more complex. Of late, we have failed to “build” not for lack of will, but because our society—and particularly our public and private financial markets—do not value building. … [Read more...] about If entrepreneurs and VCs want to build, we first need to rebuild financial markets
You have to build a retirement nest egg that can sustain your expenses through the rest of your life and your partner’s. This is a complex topic by itself, but the principles that determine the size of the corpus are your spending pattern, the rate of inflation and the manner in which you invest those savings when you retire, and the number of years that you want the corpus to last. An illustration is included here. … [Read more...] about How much money do you really need to be financially independent?