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Why has business education failed business? Why has it fallen so much in love with finance and the ideas it espouses? It’s a problem with deep roots, which have been spreading for decades. It encompasses issues like the rise of neoliberal economic views as a challenge to the postwar threat of socialism. It’s about an academic inferiority complex that propelled business educators to try to emulate hard sciences like physics rather than take lessons from biology or the humanities. It dovetails with the growth of computing power that enabled complex financial modeling. The bottom line, though, is that far from empowering business, MBA education has fostered the sort of short-term, balance-sheet-oriented thinking that is threatening the economic competitiveness of the country as a whole. If you wonder why most businesses still think of shareholders as their main priority or treat skilled labor as a cost rather than an asset—or why 80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results— it’s because that’s exactly what they are being educated to do.

The Trump presidency operates very differently (obviously) than those of his post-WW2 predecessors.  First off, its goals are completely different:  it's dismantling the neoliberal system.  A system that earlier administrations built up over decades.  Second, and equally as interestingly, it operates more like a network than a bureaucracy.

Parallel to the IPCC process, scientific advances mean that models can now link individual weather events to climate change as the cause, said Friederike Otto, acting director of the Environmental Change institute at the University of Oxford in the UK. This is done through attribution science—much in the same way that smoking was linked to cancer decades ago—which is “very much in legal discussions at the moment”, said Otto. Attribution science has been a game changer in the past five years, added Yamin: in the case of an event such as flooding or a heat wave, for example, “you don’t talk about a vague sense of weather any more — you can link it to anthropogenic activities that are causing long-term global change”.

America imprisons women in astonishing numbers. The population of women in state prisons has increased by more than eight hundred per cent in the past four decades. The number of women in local jails is fourteen times higher than it was in the nineteen-seventies; most of these women haven’t been convicted of a crime but are too poor to post bail while awaiting trial. The majority have been charged with low-level, nonviolent offenses, such as drug possession, shoplifting, and parole violations. The result is that more than a quarter of a million children in the U.S. have a mother in jail. One in nine black children has a parent who is, or has been, incarcerated.

The broadcast has become an origin story of fake news and technological anxiety in the United States, and its tentacled aliens watch when we talk of fake news today. Then, as now, the worry over whether the news can be believed was a proxy for something else entirely – fear of the new technologies that brought it. Scholars have convincingly questioned the scale of the 1938 panic. Everybody loves a good story – especially the newspapers threatened by radio news, the social scientists seeking a claim to relevance, and Welles, great ham that he was. Firsthand accounts attest that some listeners did panic, but many more did not. Why, then, did millions more find the panic so easy to believe these past 80 years?

In that decade, radio became more trusted than newspapers. The reasons had to do partially with the unique characteristics of the medium – its intimacy and ability to put you on the spot to hear as an event unfolded without a reporting gap in which craven newspapermen could insert their own slant. It also had to do with the trueness of the sounds that radio reproduced.

In November, three days after the War of the Worlds broadcast, Dorothy Thompson, a syndicated columnist and radio reporter, published an oft-cited piece in response, entitled ‘Mr Welles and Mass Delusion’, in which she argued that the broadcast suggested American susceptibility to foreign propaganda:All unwittingly Mr Orson Welles and the Mercury Theatre of the Air have made one of the most fascinating and important demonstrations of all time. They have proved that a few effective voices, accompanied by sound effects, can so convince masses of people of a totally unreasonable, completely fantastic proposition as to create nationwide panic … If people can be frightened out of their wits by mythical men from Mars, they can be frightened into fanaticism by the fears of Reds, or convinced that America is in the hands of 60 families, or aroused to revenge against any minority, or terrorised into subservience to leadership because of any imaginable menace.