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" Fearless commentary on finance, economics, politics and power Follow yvessmith on Twitter Feedburner RSS Feed RSS Feed for Comments Subscribe via Email SUBSCRIBE Recent Items Links 3/11/17 - 03/11/2017 - Yves Smith Deutsche Bank Tries to Stay Alive - 03/11/2017 - Yves Smith John Helmer: Australian Government Trips Up Ukrainian Court Claim of MH17 as Terrorism - 03/11/2017 - Yves Smith 2:00PM Water Cooler 3/10/2017 - 03/10/2017 - Lambert Strether Why a 400-Year Program of Modernist Thinking is Exploding - 03/10/2017 - Yves Smith Links 3/10/17 - 03/10/2017 - Yves Smith Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started - 03/10/2017 - Yves Smith CalPERS' General Counsel Railroads Board on Fiduciary Counsel Selection - 03/10/2017 - Yves Smith Another Somalian Famine - 03/10/2017 - Yves Smith Trade now with TradeStation - Highest rated for frequent traders Why a 400-Year Program of Modernist Thinking is Exploding Posted on March 10, 2017 by Yves Smith By Lynn Parramore, Senior Research Analyst at the Institute for New Economic Thinking. Originally published at the Institute for New Economic Thinking website Across the globe, a collective freak-out spanning the whole political system is picking up steam with every new "surprise" election, rush of tormented souls across borders, and tweet from the star of America's great unreality show, Donald Trump. But what exactly is the force that seems to be pushing us towards Armageddon? Is it capitalism gone wild? Globalization? Political corruption? Techno-nightmares? Rajani Kanth, a political economist, social thinker, and poet, goes beyond any of these explanations for the answer. In his view, what's throwing most of us off kilter - whether we think of ourselves as on the left or right, capitalist or socialist -was birthed 400 years ago during the period of the Enlightenment. It's a set of assumptions, a particular way of looking at the world that pushed out previous modes o

Human beings are naturally creative tool users. When we need to drive in a nail but don't have a hammer, we easily realize that we can use a heavy, flat object like a rock in its place. When our table is shaky, we quickly find that we can put a stack of paper under the table leg to stabilize it. But while these actions seem so natural to us, they are believed to be a hallmark of great intelligence-only a few other species use objects in novel ways to solve their problems, and none can do so as flexibly as people. What provides us with these powerful capabilities for using objects in this way?

While scientists still don't fully understand the diverse nature of RNA molecules, it is believed that the proteins binding to them, called RNA-binding proteins, are associated with many types of disease formation. Research led by biomedical scientists from City University of Hong Kong (CityU) has led to a novel detection method, called CARPID, to identify binding proteins of specific RNAs in living cells. It is expected that the innovation can be applied in various types of cell research, from identifying biomarkers of cancer diagnosis to detecting potential drug targets for treating viral diseases.

At least some of my peers are now handing over their working lives to producing cynical content rigged to fit the desires of streaming services, which, when you think about it, is a small tragedy for a world as fucked as ours. Most of the good writers are not. But how could you not at least think about these imperatives when a strange new amalgam of Hollywood and tech offers the greatest rewards for a hit second novel and when magazines pay below rates that were standard three decades ago? Almost all notable book-length nonfiction written in this country emerges as an expansion of work that was first published by a magazine, so-whether they admit it or not-magazines are the incubators for the nonfiction writers who describe our world. But these outlets generally make not the barest pretense of trying to pay writers enough to build a life. Instead, editors at prestige outlets increasingly view writing as germinal IP.

Normally, causal influence is assumed to go only one way-from cause to effect-and never back from the effect to the cause-the ringing of a bell does not cause the pressing of the button that triggered it. Now, researchers from the University of Oxford and the Université libre de Bruxelles have developed a theory of causality in quantum theory, according to which cause-effect relations can sometimes form cycles. This theory offers a novel understanding of exotic processes in which events do not have a definite causal order. The study has been published in Nature Communications.

Noise limits the performance of modern quantum technologies. However, particles traveling in a superposition of paths can bypass noise in communication. A collaboration between the Universities of Hong-Kong, Grenoble and Vienna, as well as the Austrian Academy of Sciences, under the lead of Philip Walther, reveals novel techniques to reduce noise in quantum communication. The results, published in the latest issue of Physical Review Research, demonstrate that quantum particles traveling in a superposition of paths enable noise reduction in communications.

BY NOW THERE'S little doubt about hydroxychloroquine: It doesn't work for treating Covid-19. But there's a bigger, more important lesson hidden in the story of its failure-a rarely-mentioned, but altogether crucial, error baked into the early research. The scientists who ran the first, promising laboratory experiments on the drug had used the wrong kind of cells: Instead of testing its effects on human lung cells, they relied on a supply of mass-produced, standardized cells made from a monkey's kidney. In the end, that poor decision made their findings more or less irrelevant to human health. Worse, it's possible that further research into novel Covid-19 cures will end up being compromised by the same mistake.

Athena Akrami's neuroscience lab reopened last month without her. Life for the 38-year-old is a pale shadow of what it was before 17 March, the day she first experienced symptoms of the novel coronavirus. At University College London (UCL), Akrami's students probe how the brain organizes memories to support learning, but at home, she struggles to think clearly and battles joint and muscle pain. "I used to go to the gym three times a week," Akrami says. Now, "My physical activity is bed to couch, maybe couch to kitchen." Her early symptoms were textbook for COVID-19: a fever and cough, followed by shortness of breath, chest pain, and extreme fatigue. For weeks, she struggled to heal at home. But rather than ebb with time, Akrami's symptoms waxed and waned without ever going away. She's had just 3 weeks since March when her body temperature was normal.

The coronavirus offers an opening to change the world for the better, not least by undoing decades of neoliberalization to give vital professions in health care and education the appreciation they deserve. Unfortunately, as detailed in Naomi Klein's 'The Shock Doctrine', crises also offer ample opportunity for the established order to realize ambitions which are inconceivable in normal times. The global political economy before the outbreak of corona was defined by the rise of a global billionaire class, tech platforms, and illiberal(izing) nationalist politics, having jointly propelled a novel wave of (geo) political-economic restructuring which I have called neo-illiberalism. What will be the effects of coronavirus on this new status quo?

Healthcare responses to the novel coronavirus may be hastening another long looming public health threat, writes Jeremy Hsu The global threat of antimicrobial resistant bacteria and other superbugs is worsening as many patients admitted to hospital with covid-19 receive antibiotics to keep secondary bacterial infections in check.

For protein molecules that contribute to metabolism, interactions with other components of their metabolic pathway can be crucial. Scientists at the Max Planck Institute for Developmental Biology in Tübingen have now investigated a natural enzyme complex that comprises 10 enzymes with five distinct activities. They found that the molecular architecture is surprisingly compact, yet offers individual enzymes maximum free moving space, which opens up novel perspectives for drug discovery. The scientists have published their results in Nature Chemical Biology.

In December 2019, the Coronavirus disease 2019 (COVID-19), caused by a novel coronavirus SARS-CoV-2, emerged in Wuhan, Hubei province, China1 and soon spread across the world. In this ongoing pandemic, public health concerns and the urgent need for effective therapeutic measures require a deep understanding of its epidemiology, transmissibility and pathogenesis. Here we analyzed the clinical, molecular and immunological data from 326 confirmed cases of COVID-19 in Shanghai. Genomic sequences of SARS-CoV-2 assembled from 112 quality samples together with sequences in the Global Initiative on Sharing All Influenza Data (GISAID) showed a stable evolution and suggested two major lineages with differential exposure history during the early phase of the outbreak in Wuhan. Nevertheless, they exhibited similar virulence and clinical outcomes. Lymphocytopenia, especially the reduced CD4+ and CD8+ T cell counts upon admission, was predictive of disease progression. High levels of IL-6 and IL-8 during treatment were observed in patients with severe or critical disease and correlated with decreased lymphocyte count. The determinants of disease severity seemed to stem mostly from host factors such as age, lymphocytopenia, and its associated cytokine storm, whereas viral genetic variation did not significantly affect the outcomes.

The physicists who run the world's most sensitive experimental search for dark matter have seen something strange. They have uncovered an unexpected excess of events inside their detector that could fit the profile of a hypothetical dark matter particle called an axion. Alternately, the data could be explained by novel properties of neutrinos. More mundanely, the signal could come from contamination inside the experiment.