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Bill Fulkerson

Millennials and Gen Z are spreading coronavirus-but not because of parties and bars - 0 views

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    Younger generations are blamed for the pandemic's spread, but also face the brunt of the transmission risk that comes with keeping the economy going. 6 MINUTE READ BY REBECCA RENNER PUBLISHED SEPTEMBER 17, 2020 WHEN PARAMEDICS RUSHED the pregnant Honduran woman into the emergency room, 28-year-old Chuan-Jay Jeffrey Chen stood ready to receive her. It was April, and the pandemic had already taken over his final year as an emergency medicine resident. Of all the coronavirus patients surging into Massachusetts General Hospital in Boston, this 32-year-old patient remains Chen's most memorable. The woman was so short of breath she could barely speak, so Chen would need to intubate her-a tricky procedure that requires precision as well as speed. Every moment without oxygen causes a patient's chances of survival to decline; pregnancy further complicates the scenario by making airways swollen, causing blood pressure to drop more quickly. As Chen set to work and talked her through the steps in Spanish, he also tried to calm his own nerves. "I knew I had very little margin for error," says Chen. The woman's husband had been barred from entering the building because of coronavirus restrictionsgen-z
Steve Bosserman

Universal Basic Assets: A Smarter Fix Than Universal Basic Income? | Fast Forward | OZY - 0 views

  • For 40 years, Robert E. Friedman and his Washington-based nonprofit Prosperity Now have helped millions of people from economically vulnerable communities gain financial security and stability. Income disparity, however, has only grown across the United States. Now, the 69-year-old Friedman is arguing for a macroeconomic fix — and it doesn’t involve the government just doling out cash. Instead, he advocates giving everyone assets like savings, education and homeownership, instituting a system of universal basic assets (UBA). And Friedman isn’t alone.
  • As cities and countries across the world experiment with the currently in-vogue idea of universal basic income (UBI), a small but growing number of scholars, nonprofits and researchers are beginning to argue for an alternative framework for prosperity. At its heart, they’re pushing for a 21st-century version of the age-old proverb that it’s better to teach a man how to fish than to simply give him fish. Just four years ago, UBA as a modern concept was unknown. Today, it’s emerging as a challenger to UBI as a means to the same goal: less income disparity and greater opportunities for all.
  • It’s an idea that has appeal on both sides of the political aisle. Liberals are drawn to UBA’s “provide for everyone” ethos, while libertarians see it as a reason to cut the “safety net” of government subsidies like welfare and unemployment, says Friedman. The bipartisan appeal comes from the notion that asset-building gives people more options, says C. Eugene Steuerle, former deputy assistant secretary of the U.S. Department of the Treasury for Tax Analysis under President Ronald Reagan and co-founder of the Urban-Brookings Tax Policy Center. ”UBA is a middle-of-the-road policy,” he says. “It’s an ideal compromise between left and right because it promotes mobility and opportunity, and less dependence on government.”
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  • At the Institute for the Future, Gorbis is convinced that assets are a critical determinant of an individual’s resources, especially with the rise of the gig economy where many don’t have access to benefits like health insurance and retirement savings. “When you look at data, a lot of inequality is deeper than income — it’s also about debt,” she says, adding, “for poor people, housing is the main asset.” That’s why Gorbis suggests UBA should start with access to housing, but also include access to public resources like transit. If you can take public transit, you don’t need to own a car, she says. When basic assets were first discussed, the crowning jewel was land — upon which the Homestead Act was based. Then, all eyes turned to jobs as the ultimate means of security. Today, Gorbis says, we should begin to look at data. Access to data — the internet, online education and resources — significantly affects socioeconomic status.
Bill Fulkerson

Bacteria in a Dinosaur Bone Reignite a Heated Debate - The Atlantic - 0 views

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    "When animals die, waves of microbes consume their corpses. Scientists have looked at how this "necrobiome" changes over the hours and days after an animal perishes. But Saitta's work suggests that microbes continue to colonize cadavers long after their flesh has decayed, after their bones have turned to stone, and after they've been buried several miles deep for millions of years.   MORE STORIES A Dinosaur So Well Preserved, It Looks Like a Statue ED YONG How a Fossil Can Reveal the Color of a Dinosaur CARI ROMM The Counterintuitive Way That Microbes Survive in Antarctica ED YONG The Scientist Who Stumbled Upon a Tick Full of 20-Million-Year-Old Blood SARAH ZHANG That came as a huge surprise to Tullis Onstott, a microbiologist from Princeton who worked with Saitta, and who always thought of fossils as inert and inanimate. "I thought that dinosaur bone must be some kind of sealed sarcophagus," he says. "It's not, by any means. It's basically a condo for bacteria. Now the question becomes: Is this true for all dinosaur bones?""
Bill Fulkerson

The Birth of the New American Aristocracy - The Atlantic - 0 views

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    "The meritocratic class has mastered the old trick of consolidating wealth and passing privilege along at the expense of other people's children."
Bill Fulkerson

The Profit Hoarders - 0 views

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    "If corporations returned to the practices of the pre-neoliberal era (1952-1983, to be precise), stuffing not half but less than a fifth of their cash flow in their shareholders' pockets, that could take net investment back to its old average. But under today's model of capitalism, it's more important to keep the shareholders happy."
Bill Fulkerson

The flaw of averages | 1843 - 0 views

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    "America is in the very early stages of a big pedagogical experiment based on old ideas given new life by digital technology and the techies' money. There isn't enough evidence yet to conclude that this blend of technology and personalised learning serves pupils better than the status quo, but the revolution is gathering pace. It could, Rose acknowledges, "go horribly, horribly wrong". If it does, a lot of children's lives will have been damaged; but then it is hardly as though the existing system is releasing the full potential of America's young people. For Rose, giving children more control over what they learn and how they learn it is central to achieving that. Ultimately, he says, "you should have a right to know who you are.""
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