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katherineharron

The 15 most notable lies of Donald Trump's presidency - CNNPolitics - 0 views

  • I fact checked every word uttered by this President from his inauguration day in January 2017 until September 2020 -- when the daily number of lies got so unmanageably high that I had to start taking a pass on some of his remarks to preserve my health.
  • Trump got even worse after November 3. Since then, he has spent the final months of what has been a wildly dishonest presidency on a relentless and dangerous lying spree about the election he lost.
  • The most telling lie: It didn't rain on his inaugurationclose dialogSign up for CNN What Matters NewsletterEvery day we summarize What Matters and deliver it straight to your inbox.Sign me upNo thanksBy subscribing you agree to ourprivacy policy.By subscribing you agree to ourprivacy policy.Sign up for CNN What Matters NewsletterEvery day we summarize What Matters and deliver it straight to your inbox.Please enter aboveSign me upNo thanksBy subscribing you agree to ourprivacy policy.By subscribing you agree to ourprivacy policy.Sign up for CNN What Matters NewsletterEvery day we summarize What Matters and deliver it straight to your inbox.bx-group bx-group-default bx-group-1245864-3DW
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  • It rained during Trump's inaugural address. Then, at a celebratory ball later that day, Trump told the crowd that the rain "just never came" until he finished talking and went inside, at which point "it poured."
  • The President would say things that we could see with our own eyes were not true. And he would often do this brazen lying for no apparent strategic reason.
  • The most dangerous lie: The coronavirus was under control
  • This was more like a family of lies than a single lie. But each one -- the lie that the virus was equivalent to the flu; the lie that the situation was "totally under control"; the lie that the virus was "disappearing" -- suggested to Americans that they didn't have to change much about their usual behavior.
  • more than 386,000 Americans have died from the virus.
  • The most alarming lie saga: Sharpiegate
  • Trump tweeted in 2019 that Alabama was one of the states at greater risk from Hurricane Dorian than had been initially forecast. The federal weather office in Birmingham then tweeted that, actually, Alabama would be unaffected by the storm
  • Trump, however, is so congenitally unwilling to admit error that he embarked on an increasingly farcical campaign to prove that his incorrect Alabama tweet was actually correct, eventually showcasing a hurricane map that was crudely altered with a Sharpie.
  • The most ridiculous subject of a lie: The Boy Scouts
  • When I emailed the Boy Scouts of America in 2017 about Trump's claim that "the head of the Boy Scouts" had called him to say that his bizarrely political address to the Scouts' National Jamboree was "the greatest speech that was ever made to them," I didn't expect a reply. One of the hardest things about fact checking Trump was that a lot of people he lied about did not think it was in their interest to be quoted publicly contradicting a vengeful president.
  • A senior Scouts source -- a phrase I never expected to have to type as a political reporter in Washington, DC -- confirmed to me that no call ever happened.
  • The ugliest smear lie: Rep. Ilhan Omar supports al Qaeda
  • The most boring serial lie: The trade deficit with China used to be $500 billion
  • It was a problem for the country that the President was not only a conspiracy theorist himself but immersed in conspiracy culture, regularly stumbling upon ludicrous claims and then sharing them as fact.
  • So he said well over 100 times that, before his presidency, the US for years had a $500 billion annual trade deficit with China -- though the actual pre-Trump deficit never even reached $400 billion.
  • The most entertaining lie shtick: The burly crying men who had never cried before
  • according to the President, they kept walking up to him crying tears of gratitude -- even though they had almost always not previously cried for years.
  • The most traditional big lie: Trump didn't know about the payment to Stormy Daniels
  • he also lied when he needed to. When he told reporters on Air Force One in 2018 that he did not know about a $130,000 payment to porn performer Stormy Daniels and that he did not know where his then-attorney Michael Cohen got the money for the payment, it was both audacious -- Trump knew, because he had personally reimbursed Cohen -- and kind of conventional: the President was lying to try to get himself out of a tawdry scandal.
  • The biggest lie by omission: Trump ended family separation
  • ere's what he told NBC's Chuck Todd in 2019 about his widely controversial policy of separating migrant parents from their children at the border: "You know, under President Obama you had separation. I was the one that ended it." Yes, Trump signed a 2018 order to end the family separation policy.
  • The most shameless campaign lie: Biden will destroy protections for pre-existing conditions
  • When Trump claimed in September that Biden would destroy protections for people with pre-existing health conditions -- though the Obama-Biden administration created the protections, though the protections were overwhelmingly popular, though Biden was running on preserving them,
  • Trump himself had tried repeatedly to weaken them
  • The lie he fled: He got Veterans Choice
  • Trump could have told a perfectly good factual story about the Veterans Choice health care program Obama signed into law in 2014: it wasn't good enough, so he replaced it with a more expansive program he signed into law in 2018.
  • That's not the story he did tell -- whether out of policy ignorance, a desire to erase Obama's legacy, or simply because he is a liar. Instead, he claimed over and over -- more than 160 times before I lost count -- that he is the one who got the Veterans Choice program passed after other presidents tried and failed for years.
  • The Crazy Uncle lie award: Windmill noise causes cancer
  • At a White House event in 2019, Trump grossly distorted a 2013 quote from Rep. Ilhan Omar to try to get his supporters to believe that the Minnesota Democrat had expressed support for the terrorist group al Qaeda.
  • his 2019 declaration that "they say" the noise from windmills "causes cancer."
  • The most hucksterish lie: That plan was coming in two weeks
  • Trump's big health care plan was eternally coming in "two weeks."
  • My personal favorite lie: Trump was once named Michigan's Man of the Year
  • Trump has never lived in Michigan. Why would he have been named Michigan's Man of the Year years before his presidency?He wouldn't have been. He wasn't.
  • The most depressing lie: Trump won the election
  • Trump's long White House campaign against verifiable reality has culminated with his lie that he is the true winner of the 2020 presidential election he clearly, certifiably and fairly lost.
aidenborst

Stocks week ahead: Saying goodbye to a wild 2020 - CNN - 0 views

  • The Dow and the S&P 500 ended the year at record highs and the Nasdaq Composite logged its best performance since 2009 with a whopping 43.6% jump. Overall, the indexes registered gains for the second year in a row.
  • Nobody could have predicted the market mayhem of 2020. Stocks hit record highs at the start of the year, before worries about the coronavirus pandemic — first abroad and then closer to home — pushed US markets into a spiral in February and March. The Dow routinely set new records for worst one-day point drops in history, and the New York Stocks Exchange had to suspend trading in the S&P 500 multiple times as the selloff triggered circuit breakers.
  • But in the months that followed, the market recovered — and faster than many had expected.
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  • Some of the year's biggest winners are investors who closed their eyes and muffled their ears during the pandemic selloff and held onto their stocks. By the end of the year, their portfolio balances were looking pretty good
  • "This year was a year with a lot of reminders for investors: number one, don't overreact," Leo Grohowski, chief investment officer at BNY Wealth Management, told CNN Business.close dialogBefore Markets OpenStart your day smartGet essential news and analysis on global markets with CNN Business’ daily newsletter. Sign me upNo thanksBy subscribing you agree to ourprivacy policy.By subscribing you agree to ourprivacy policy.Before Markets OpenStart your day smartGet essential news and analysis on global markets with CNN Business’ daily newsletter. Please enter aboveSign me upNo thanksBy subscribing you agree to ourprivacy policy.By subscribing you agree to ourprivacy policy.Before Markets Open
  • The disconnect between Wall Street and Main Street will likely be a topic that follows us into the New Year.
  • The US economy is operating at 82% of where it was in early March, according to the Back-to-Normal Index from Moody's Analytics and CNN Business.
katherineharron

Why Biden's secretary of state pick tells us a lot about his priorities as president - ... - 0 views

  • Joe Biden is poised to name Antony Blinken as his secretary of state on Tuesday,
  • There's no set order to these things, of course, but it is absolutely purposeful and therefore noteworthy that Biden is not only leading his Cabinet announcements with the nation's top diplomat but also that he is doing it so early in his transition.
  • "You're going to see the first of the President-elect's cabinet appointments on Tuesday of this week. Meeting the pace -- beating, in fact, the pace that was set by the Obama/Biden transition, beating the pace set by the Trump transition."
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  • Fixing America's standing in the world -- after four years of President Trump fighting our traditional allies and making nice with our longtime enemies -- is absolutely urgent. There's no time to waste.
  • The primacy of the secretary of state pick is meant to send that message not just to the federal bureaucracy, but, more importantly, to the world community.
  • The last four years are an aberration. It is not who we will be.Read More .duval-3{width:100%;position: relative; border: 1px solid #979797; border-left: none; border-right: none;padding: 20px 0; box-sizing: border-box; -webkit-box-sizing: border-box; -moz-box-sizing: border-box; margin: 0 0 20px 0; max-width: 660px;} .duval-3 a{color: #1a1a1a; text-decoration: none;font-size: 0;} .duval-3 a:hover { color: #d9d9d9; text-decoration: underline; -moz-text-decoration-color: #d9d9d9; text-decoration-color: #d9d9d9; } .duval-3>a>*{vertical-align: top; display: inline-block;} .duval-3>a>div{display: inline-block; font-size:1.0666667rem;width: 80%; padding-top: 0px; padding-left: 2%;} .duval-3>a>img{width: 18%; height: auto;} @media screen and (max-width:640px){ .duval-3>a>*{display:block; margin: auto;} .duval-3>a>div{width: 100%;} .duval-3>a>img{width: 50%;} }
  • He, like Klain, has deep roots with Biden. He served as staff director at the Senate Foreign Relations Committee when Biden chaired it.
  • And like Klain, he is a longtime Democratic policy hand. Blinken served in the Clinton administration as special assistant to the president and chief foreign policy speechwriter for the president. close dialogSign up for CNN's CNN's Chris Cillizza cuts through the political spin and tells you what you need to know. Please enter above Sign Me UpNo ThanksBy subscribing, you agree to ourprivacy policy.You're on the list for CNN'sCNN's Chris Cillizza cuts through the political spin and tells you what you need to know. close dialog/* effects for .bx-campaign-1219472 *//* custom css .bx-campaign-1219472 *//* custom css from creative 47804 */@-ms-keyframes bx-anim-1219472-spin { from { -ms-transform: rotate(0deg); } to { -ms-transform: rotate(360deg); } } @-moz-keyframes bx-anim-1219472-spin { from { -moz-transform: rotate(0deg); } to { -moz-transform: rotate(360deg); } } @-webkit-keyframes bx-anim-1219472-spin { from { -webkit-transform: rotate(0deg); } to { -webkit-transform: rotate(360deg); } } @keyframes bx-anim-1219472-spin { from { transform: rotate(0deg); } to { transform: rotate(360deg); } }/* rendered styles .bx-campaign-1219472 */.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative> *:first-child {width: 780px;padding: 15px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative> *:first-child {width: 400px;}}@media all and (min-width: 737px) and (max-width: 1024px) {.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative> *:first-child {width: 737px;}}.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative:before {min-height: 230px;}.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative {background-color: #fefefe;border-style: solid;border-color: rgb(213, 213, 213);border-width: 1px 0;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472.bx-active-step-1 .bx-creative:before {min-height: 200px;}}.bxc.bx-campaign-1219472.bx-active-step-1 .bx-close {width: 20px;stroke: rgb(169, 169, 169);}.bxc.bx-campaign-1219472 .bx-group-1219472-tBtYNNU {width: 100%;padding: 0px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472 .bx-group-1219472-tBtYNNU {padding: 0px;text-align: center;}}.bxc.bx-campaign-1219472 .bx-element-1219472-vnxQeDA> *:first-child {font-weight: 700;font-size: 18px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472 .bx-element-1219472-vnxQeDA> *:first-child {font-size: 14px;}}.bxc.bx-campaign-1219472 .bx-group-1219472-zNZm3ba {width: auto;height: 100px;}.bxc.bx-campaign-1219472 .bx-element-1219472-bWybe9u {width: 254px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472 .bx-element-1219472-bWybe9u {width: 200px;}}.bxc.bx-campaign-1219472 .bx-element-1219472-bWybe9u> *:first-child {height: 100px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472 .bx-group-1219472-9wCndcV {width: 300px;}}.bxc.bx-campaign-1219472 .bx-element-1219472-XG1hSFu {padding: 0px 0px 20px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1219472 .bx-element-1219472-XG1hSFu {width: auto;padding: 0 0 15px;}}.bxc.bx-campaign-1219472 .bx-element-1219472-XG1hSFu> *:first-child {font-size: 14px;font-family: CNN,Helvetica Neue,Verdana,Helvetica,Arial,Utkal,sans-serif;font-weight: 400;color: #262626;letter-spacing: 0.01em
  • Blinken is a striking contrast to Trump's first secretary of state, former Exxon boss Rex Tillerson, who Trump touted as the crown jewel of his Cabinet but who proved ineffective at building relationships within the State Department or with the President.
  • The Blinken pick -- and Biden's decision to name him first among his Cabinet choices -- is best understood, then, as the President-elect doing everything he can to make clear that he will be the exact opposite of the man who preceded him in office.
  • If Trump ran and governed as the anti-Barack Obama, then Biden is signaling that he will govern as the anti-Trump. And the wheel turns.
katherineharron

US coronavirus: America is at a crossroads in this pandemic as Covid-19 deaths near 500... - 0 views

  • On the brink of a devastating milestone -- 500,000 US Covid-19 deaths -- the US is at a crossroads in the course of this pandemic.
  • And while vaccinations slowly increase, some Americans say they won't get a Covid-19 vaccine -- hurting the chances of herd immunity and hindering a return to normal life.
  • More than 43.6 million Americans have received at least one dose of their two-dose vaccines, according to the US Centers for Disease Control and Prevention. close dialogCovid-19Your local resource.Set your location and log in to find local resources and information on Covid-19 in your area.Please enter aboveSet Locationclose dialog/* effects for .bx-campaign-1191325 *//* custom css .bx-campaign-1191325 *//* custom css from creative 50769 */.bx-custom.bx-campaign-1191325 .bx-row-validation .bx-input {border-color: white !important;border-width: 1px !important;background-color: white !important;box-shadow: 0px 2px 8px 1px rgba(0,0,0,0.12) !important;}.bx-custom.bx-campaign-1191325 .bx-row-validation .bx-vtext { color: #e53841 !important; font-size: 11px !important; position: absolute !important; bottom: -1.8em !important;} @media screen and (max-width:736px) { .bx-custom.bx-campaign-1191325 .bx-row-validation .bx-vtext {font-size: 10px !important; }}.bx-custom.bx-campaign-1191325 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  • About 18.8 million have been fully vaccinated. That's about 5.7% of the US population -- far less than the estimated 70% to 85% of Americans who would need to be immune to reach herd immunity.
  • To speed up vaccinations, some experts have suggested delaying second vaccine doses to get more first doses into people's arms.
  • Both vaccines on the US market -- developed by Pfizer-BioNTech and Moderna -- require two doses, the second of which are intended to be administered 21 days and 28 days after the first, respectively.
  • Nationwide, the rates of new Covid-19 cases, hospitalizations and deaths are declining.The number of patients hospitalized with Covid-19 has fallen for the 40th day in a row, according to the COVID Tracking Project.
  • Fauci hopes that doesn't happen, he said, adding it's "possible" people may be wearing masks in 2022.
  • And daily new cases have dropped 23% over the same time period, according to Johns Hopkins. (But testing is also down by 17%, according to the COVID Tracking Project.)
  • Daily deaths have declined 24% this past week compared to the previous week
  • Experts with the University of Washington's Institute for Health Metrics and Evaluation said over the weekend that while the B.1.1.7 strain likely accounts for less than 20% of current infections in the US, that number will likely soar to 80% by late April.
  • "Managing the epidemic in the next four months depends critically on scaling up vaccination, trying to increase the fraction of adults willing to be vaccinated above three-quarters, and strongly encouraging continued mask use and avoiding situations where transmission is likely, such as indoor dining, going to bars, or indoor gatherings with individuals outside the household," the team wrote.
  • "With new, more contagious variants of the virus circulating throughout the U.S., now is not the time to let your guard down and scale back on the measures that we know will work to prevent further illness and deaths -- wearing masks, practicing physical distancing, and washing hands," a joint statement said.
  • About 1,700 cases of variant strains first spotted in the UK, South Africa and Brazil have been reported in the US, according to the Centers for Disease Control and Prevention.
  • "I do think we're looking at some new normals. I think the handshake, for example, is probably going away," she said."I do think masks in the cough/cold/flu season in the winter months would make a lot of sense. That clearly, really insulated the Southeast Asian countries from some of the worst of this, understanding the importance of wearing masks."
  • "It's estimated that about 70% of Americans must be vaccinated before we get to herd immunity through vaccination," CNN medical analyst Dr. Leana Wen said. "That's the point where enough people have the immune protection that the virus won't spread anymore."
  • "The evidence was pretty compelling by last March or April that uniform wearing of masks would reduce transmission of this disease," National Institutes of Health Director Dr. Francis Collins told Axios on HBO on Sunday.
  • "A mask is nothing more than a life-saving medical device, and yet it got categorized in all sorts of other ways that were not factual, not scientific and frankly, dangerous," he added. "And I think you can make a case that tens of thousands of people died as a result."
woodlu

Do pandemics normally lead to rising inflation? | The Economist - 0 views

  • In the euro zone annual inflation hit 3.4% in September, the highest rate in over a decade. Some economists worry that the world economy is entering a period of “stagflation”—weak growth and high inflation—reminiscent of the 1970s.Off the ChartsTaking you behind the scenes of our data journalismDirectly to your inbox every weekSign up
  • A recent paper by Dennis Bonam and Andra Smadu, two economists at the Dutch central bank, looks at the effect of pandemics on inflation and concludes that they typically lead to lower, not higher, price pressures.
  • Using data going back to the 14th century, covering six European countries and 19 pandemics, the authors find that such events have historically caused inflation to fall for more than a decade, on average, yielding an inflation rate about ​​0.6 percentage points lower than if the pandemic had not occurred.
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  • The more prolonged and severe the outbreak, the more pronounced and persistent the negative effects on trend inflation.
  • Pandemics disrupt the balance between supply and demand.
  • Historically, however, the dominant economic effect of pandemics was falling demand. As populations were decimated by disease, consumption fell, investment withered and economies suffered for decades, keeping prices in check.
  • This time around policymakers responded with trillions of dollars worth of fiscal and monetary stimulus, propping up demand and softening the economic damage.
  • central bankers remain confident that they are transitory, the result of “base effects”—whereby unusually low prices create the illusion of unusually high prices one year later
  • pent-up demand and short-term supply bottlenecks.
sidneybelleroche

Elections 2021: Key ballot measures US voters are deciding on - CNNPolitics - 0 views

  • Voters will decide Tuesday on key ballot measures related to issues including policing, election reform and some proposals authored in response to Covid-19 restrictions.
  • Voters will decide Tuesday on key ballot measures related to issues including policing, election reform and some proposals authored in response to Covid-19 restrictions.
  • there are 24 statewide ballot measures for consideration in six states
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  • Voters in some major cities, in addition to choosing their next mayor, will also have the opportunity to weigh in on an important issue that has been heavily debated in their communities.
  • Proposition 6 would codify the right for long-term care residents to designate an essential caregiver for in-person visitation.
  • Texas -- Proposition 3 Read MoreWritten in response to Covid-19 restrictions, Texans will consider a constitutional amendment that would prohibit the state or a political subdivision, such as an elected official, from "prohibiting or limiting religious services of religious organizations."
  • Like Proposition 3, Proposition 6 was also influenced by the Covid-19 restrictions enforced during the height of the pandemic.
  • Texas -- Proposition 3 Read MoreWritten in response to Covid-19 restrictions, Texans will consider a constitutional amendment that would prohibit the state or a political subdivision, such as an elected official, from "prohibiting or limiting religious services of religious organizations." Enter your email or view the Vault By CNN webpage to own a piece of CNN History with blockchain technology.close dialogExplore Vault by CNN . Presidential elections, space discoveries, CNN exclusives and more.Explore NowGet UpdatesBe the first to know about upcoming releases from our Vault, with updates delivered right to your inbox.Please enter aboveSign Me UpBy subscribing, you agree to our privacy policy.Success!See you in your inbox.close dialog/* effects for .bx-campaign-1426699 *//* custom css .bx-campaign-1426699 *//* custom css from creative 60682 *//* V Text Alignment Fix */ .bx-custom.bx-campaign-1426699 .bx-row-input + .bx-row-submit { vertical-align: top;}/* custom css from creative 60872 *//************************************ CREATIVE STRUCTURE Do not remove or edit unless non applicable to creative set.************************************//* rendered styles .bx-campaign-1426699 */.bxc.bx-campaign-1426699.bx-active-step-1 .bx-creative:before {min-height: 185px;}.bxc.bx-campaign-1426699.bx-active-step-1 .bx-creative {bo
  • Question 2 would replace Minneapolis Police Department with a new "Department of Public Safety" overseen by the mayor and city council.
  • Cleveland -- Issue 24 Ballot initiative Issue 24 would establish a new civilian commission, called the Community Police Commission, whose members will have final authority over the police department's policy and procedures, hiring and training, and disciplinary action.
  • Proposal 7, also known as Local Law J, asks city residents whether to expand a civilian police review board's authority to conduct investigations and "to exercise oversight, review, and resolution of community complaints alleging abuse of police authority."
  • Austin, Texas -- Proposition A Voters in Austin, Texas are being asked whether to bulk up the city's police department with Proposition A, as its supporters argue that the city is in the midst of a "crime wave" and a shortage of police officers.Proposition A would require that the Austin police department employs at least two police officers for every 1,000 residents.
  • Detroit -- Proposal R A "yes" vote on Proposal R would be in favor of the Detroit City Council establishing a task force that would recommend housing and economic programs that "address historical discrimination against the Black community in Detroit."
  • New Jersey -- Question No. 1 Question No. 1 asks New Jersey voters whether to allow betting on college sports. Currently, sports betting on college events in the state and on college events in which New Jersey teams participate is prohibited.
  • Richmond, Virginia -- Local ReferendumResidents of Virginia's capital city will decide whether to approve the construction of a new casino and 250-room luxury hotel in south Richmond along the I-95 highway.
  • New York -- Ballot Proposal 1New Yorkers are being reminded to flip over their ballots to answer five statewide ballot proposals.
  • New York -- Ballot Proposal 3New York currently requires that its residents register to vote at least 10 days before an election. Ballot Proposal 3 would remove that requirement, clearing the way for state lawmakers to enact new laws that would allow a resident to register to vote in less than 10 days -- such as same-day voter registration.
  • New York -- Ballot Proposal 4As it stands now, New York voters may vote by absentee ballot if they are unable to appear at their polling place due to illness or physical disability or expect to be absent from their county of residence, or New York City if they're residents, on Election Day.Ballot Proposal 4 asks whether to eliminate the requirement that a voter provide a reason if they wish to vote by absentee ballot.
  • Philadelphia -- Question #1: Asks whether to amend the city charter so it urges the Pennsylvania legislature and governor to legalize cannabis for recreational use in the state.
Javier E

Unless the government changes tack, the UK's lockdown will have been for nothing | Devi... - 0 views

  • Governments have three choices in how they respond. The first and most difficult path is to contain the virus through a programme of mass testing, contact tracing and isolating. This requires a huge effort: building a large infrastructure to monitor cases of the virus and identify hotspots, ensuring this system runs efficiently, providing adequate PPE to everyone who needs it, and deploying border controls to vet who is entering the country.
  • The second path is far simpler. It involves slowing the spread of the virus by using timed cycles of lockdown and release, with the government issuing guidance on how much social distancing is required. But the side effects of this path are very costly: it risks wrecking the economy, straining health and social care systems, and creating social unrest
  • The third and easiest path available to governments is simply to do nothing. The virus sweeps across the population, the economy remains open and whoever makes it through is lucky to still be alive.
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  • It’s almost impossible to decipher which path the UK government has chosen.
  • Without these measures in place, the past seven weeks of lockdown will have been completely pointless. As quarantine measures are lifted, the virus will continue to spread, the number of daily cases will rise and a second peak will become inevitable
  • this debate misses a more fundamental point: containment (the first path) is the best strategy for public health, the economy and society. The decision in early March to shift from containing to mitigating the virus was disastrous on all three of these fronts
  • Now, the key challenge facing the government is to replace this lockdown with a package of public health interventions involving mass testing, surveillance and real-time data to identify clusters of the virus and quarantine those who are infected.
  • The confusion turns on an internal struggle between two opposing camps. The first seems to think the government should attempt to get over the worst of the pandemic by allowing the virus to spread through the population, albeit at a slower pace to ease the strain on the NHS, and by creating more hospital and mortuary capacity to cope with a spike in deaths. The second camp wants to drive down the number of coronavirus cases and reduce the rate of infection – or R – to as close to zero as possible. It recognises the uniquely dangerous nature of this virus, and the emerging evidence that it can cause long-term health complications in survivors and that immunity may only be temporary.
  • Everyone agrees that we need to get out of the lockdown as soon as possible, but doing so will require massive investment in public health infrastructure. Countries such as South Korea, Hong Kong, Taiwan, New Zealand and Australia have already built this capacity
  • why has the government made such little progress in building the public health infrastructure necessary to control the virus and ease the lockdown? You could be forgiven for thinking that the lockdown was simply a way to reassure the public that the government was “doing something”. We need to be asking: what measures has the government put in place to ensure we’re in a better position to release the lockdown and prevent a second wave?
  • Everyone wants to know when the lockdown will end and life will go back to “normal”. The better question to ask is how we ease lockdown measures in the coming months and years while preventing a second wave of infections and keeping R well below one
  • There are a number of endings to this story. First, an accessible and affordable vaccine could become available within the next 18 months; second, the government could embark on a resource-intensive and gruelling campaign to eliminate the virus, particularly if emerging data proves coronavirus is as dangerous as diseases such as smallpox and polio; or third, antiviral therapies could become available to treat Covid-19 that make it a mild illness, so the population would gradually and safely build up natural herd immunity.
  • on our current path we seem destined for a disastrous ending. Lifting lockdown without the public health infrastructure in place to contain the virus will allow Covid-19 to spread through the population unchecked. The result could be a Darwinian culling of the elderly and vulnerable, and an individual gamble for those exposed to the virus. This should be avoided at all costs.
Javier E

Climate financial crisis: Can we contain it? - DW - 12/11/2023 - 0 views

  • stranded assets. That's how business people refer to these vast, idling industrial infrastructures. It's abandoned property that will have to be written off in a company's balance sheets before the end of its planned lifetime.
  • Germany has been twisting and turning over its phaseout of coal and lignite power plants over the past five years. Originally, it planned to stop using coal in its energy mix in 2038. Then the current government accelerated that goal by eight years to 2030. Recently, some politicians have called that decision into question.
  • The earlier phaseout plan could lose operating companies €11.6 billion ($12.5 billion), according to a 2022 study by Dresden University.
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  • That's unrealized profits for companies that invested in the energy infrastructure, betting on a longer life span, plus potential lost income for investors who bought stock in the utility companies. 
  • Globally, up to 50% of the currently used and planned fossil fuel-dependent power plants would have to be phased out earlier than their planned lifetime to limit climate change to below 2 degrees warming. Taking only coal into account, this represents assets worth between $150 billion and $1.4 trillion.
  • Making exact assessments of the size of the problem is difficult because it remains unclear which path policymakers will take. And what should be included in estimates — the value of minerals left in the ground? Unrealized company profits? Or even combustion engines that will no longer be of use? 
  • "The point is not whether there is a financial bubble, but whether it will burst or not. And what kind of actions governments and financial supervisors will take, and central banks also, will make it burst or not.
  • A case in point are the money managers set up to handle retirement for billions of people globally: Pension funds are tasked to hold their clients' money and turn a profit from the investments. That means investing the proceeds into stocks on the market.  But with large chunks of the market tied to the fossil fuel industry, a lot of the money is invested in coal, oil and gas. And this money could lose value under ambitious climate policies.
  • "A pension fund in Europe could be exposed as much as 48% to companies that could be at risk of stranded assets," said Irene Monasterolo. The professor of climate finance at Utrecht University is part of a large and growing group of academics and experts drawing out the risks to the wider financial system posed by these carbon assets
  • Mark Carney, the former Bank of England governor, is largely credited with kicking off a public debate on the financial stability concerns due to climate change. Speaking in front of London's insurance executives in 2015, he called for more transparency on climate risks — information that should then feed back into climate policies in reference to risks in financial markets.
  • Thus far, these risks haven't been resolved. Speaking with DW, Monasterolo warned that the amount and intricate interconnectedness of carbon assets could lead to a disastrous outcome.
  • "The problem with fossil fuel is that it's worth between $16 trillion to $300 trillion, depending on how you calculate. So it's massive," said Joyeeta Gupta, an economics professor at the University of Amsterdam. But this industry is also the base for a huge pile of financial wealth. 
  • Regulators seem to have caught up with the warning calls. In late November, the European Central Bank threatened to fine about 20 European banks for mishandling climate risks, Bloomberg reported. But returns on investment could stack pensioners against tough climate action.
  • Most large central banks globally now require their banks to stress test their business models for climate scenarios. But what is essentially at odds, said Monasterolo, is the "long-term dimension of climate change versus the short-term decision-making in policy and in finance."
  • The long period of transition in Germany's west turned polluting smokestacks into tourist attractions. The former mine in Essen was turned into a museum and event location — a new asset for the region, and a change that put the public good over short-term profits. 
mimiterranova

GOP group 'Stop Stacey' targets Abrams ahead of expected 2022 run | TheHill - 0 views

  • GOP group 'Stop Stacey' targets Abrams ahead of expected 2022 run By Julia Manchester - 02/01/21 09:19 AM EST 863 17,083 AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitter Share   Just In... Fauci: CDC will release new guidance for vaccinated Americans 'very soon' Healthcare — 2m 39s ago Veteran PAC slams Tucker Carlson for comments on female service members BriefingRoom BlogRoll — 24m 3s ago US officials debating sending millions of AstraZeneca doses awaiting clearance overseas: report Administration — 48m 11s ago Biden denounces hate, violence against Asian Americans: 'It must stop' News — 1h 29m ago Biden administration to implement testing programs in schools as part of reopening effort field
  • publican strategists aligned with Georgia Gov. Brian KempBrian KempGeorgia Senate votes to repeal no-excuse absentee voting Two Republicans can stop voter suppression Trump fires back at WSJ editorial urging GOP to move on MORE (R) on Monday launched an outside group aimed at stopping a potential 2022 gubernatorial run by Democrat Stacey Abrams.
  • "We will do whatever it takes to expose Stacey Abrams’ radical network, highlight her dangerous agenda, and ultimately defeat her — and her left-wing candidates — at the ballot box," the group's senior strategist, Jeremy Brand, said in a statement. "There is no time to waste: We must stand up, fight back, and Stop Stacey.”
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  • In the two years since Abram's first run, her group Fair Fight has registered tens of thousands of voters in the Peach State and raised $100 million.
cartergramiak

2020 Election Live Updates: Trump Says 'Unsolicited Ballots' Will Be the Cause of Elect... - 0 views

  • Trump Says ‘Unsolicited Ballots’ Will Be the Cause of Election Night Delays. They Won’t.
  • But two tweets from President Trump Thursday morning erroneously sought to blame states that are automatically mailing out ballots to registered voters for the likely delays and baselessly stated that the results “may NEVER BE ACCURATELY DETERMINED,” an assertion dismissed by elections experts.
  • There is absolutely no evidence that states that automatically send out mail-in ballots to all voters have had issues with accuracy, and some such as Colorado, Washington and Oregon have been conducting their elections mostly by mail for years.
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  • Battleground states like Pennsylvania, Ohio, Michigan, Wisconsin, Georgia, Florida and North Carolina are no-excuse absentee states.
  • “We certainly have seen very active, very active efforts by the Russians to influence our election in 2020,”
  • Amy Dorris, a former model, alleges that Trump sexually assaulted her at the U.S. Open.
  • Arizona, the poll found, is one of the few battlegrounds in which a third-party candidate is likely to play a significant role on the presidential level. The Libertarian candidate Jo Jorgensen gets between 3 and 4 percent of the presidential vote, depending on the turnout model used.
  • “Look at her. … I don’t think so,” he said.
  • All of this rancor comes as absentee voting is already underway in multiple states. By the end of this week, voters will be able to cast in-person ballots in eight states.
  • Mr. Ratcliffe, a former Republican congressman from Texas who fiercely defended the president during the Russia investigation, has downplayed such threats, an approach the president prefers.
  • Joseph R. Biden Jr. holds a four-point edge over President Trump among registered voters in Arizona, though that advantage fades when the sample focuses only on likely voters, according to a Monmouth University poll released Thursday.
  • The woman, Amy Dorris, a former model, said she was invited, along with her boyfriend at the time, to Mr. Trump’s private box to watch the tennis match. Ms. Dorris was 24.
  • The news for Mr. Biden was a little rosier when the poll examined critical regions in the state.
  • In Maricopa County, home to Phoenix, Mr. Biden held a 6-point lead among likely voters — a nine-point swing from 2016, when Mr. Trump won the county by 3 percentage points.
  • Only one Democratic presidential candidate has prevailed in Arizona in the past 70 years: Bill Clinton in 1996.
  • “Joe Biden just has a fundamentally different view of what it means for the economy to be doing well than Donald Trump does,” she continued. “Joe Biden believes the economy is not doing well unless middle-class families and working people are doing well.”
  • “If Joe Biden gets elected, we can kiss goodbye to the economy that we’ve been enjoying,” a woman who describes herself as a small-business owner says in one ad. “He’s going to raise taxes, he’s already said that.”
  • On Tuesday night, President Trump returned to the theme during a town-hall-style meeting broadcast on ABC, where he was taken to task by Ellesia Blaque, an assistant professor at Kutztown University in Pennsylvania. She told him she had a congenital illness, demanded to know what he would do to keep “people like me who work hard” insured.
  • “We’re going to be doing a health care plan very strongly, and protect people with pre-existing conditions,” Mr. Trump told her, adding, “I have it all ready, and it’s a much better plan for you, and it’s a much better plan.”
  • And with tens of thousands of Americans losing their coverage to a coronavirus-induced economic turndown, fears of inadequate or nonexistent health insurance have never been greater.
  • MIAMI — Jeff Gruver voted for the first time ever in March, casting an enthusiastic ballot for Bernie Sanders in Florida’s presidential primary.
  • Mr. Gruver does not have the money. And he does not want to take any risk that his vote could be deemed illegal. Like more than a million other ex-felons, he has learned that even an overwhelming 2018 vote approving a state referendum to restore voting rights to most people who had served their sentences does not necessarily mean that they will ever get to vote.
  • Mike PenceTo be determined.
  • “I think he made a mistake when he said that,” Mr. Trump told reporters. “It’s just incorrect information.” A vaccine would go “to the general public immediately,” the president insisted, and “under no circumstance will it be as late as the doctor said.” As for Dr. Redfield’s conclusion that masks may be more useful than a vaccine, Mr. Trump said that “he made a mistake,” maintaining that a “vaccine is much more effective than the masks.”
  • “So let me be clear. I trust vaccines. I trust the scientists. But I don’t trust Donald Trump,” Mr. Biden said. “And at this moment, the American people can’t either.”
  • Attorney General William P. Barr has ratcheted up his involvement in partisan politics in recent days, floating federal sedition charges against violent protesters and the prosecution of a Democratic mayor; asserting his right to intervene in Justice Department investigations; warning of dire consequences for the nation if President Trump is not re-elected; and comparing coronavirus restrictions to slavery.
  • “Because I am ultimately accountable for every decision the department makes, I have an obligation to ensure we make the correct ones,” he said.
ethanmoser

Paul Ryan Faces Precarious Path to Remain House Speaker - WSJ - 0 views

  • Paul Ryan Faces Precarious Path to Remain House Speaker Though Ryan is under fire from conservatives for rebuffing Donald Trump, he is likely to remain in the top job next year
  • House Speaker Paul Ryan, under fire from conservatives for rebuffing Republican presidential nominee Donald Trump , is likely to remain in the top job next year, but his path to get there will be narrow and precarious.
  • Some Republicans are already blaming Mr. Ryan for not doing more to shore up party unity after Mr. Trump’s crude comments about women and debate performances that helped his Democratic rival, Hillary Clinton, pad her lead in the polls.
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  • But a re-election to the speakership would allow Mr. Ryan to pick up the pieces of a party that splintered during the 2016 election cycle.
  • Republicans’ willingness to anoint Mr. Ryan again for speaker will face its first test with the leadership votes that follow close on the heels of the Nov. 8 election. Mr. Ryan remains popular with many House Republicans, and perhaps his biggest advantage is that no one so far has emerged as a viable alternative to replace him.
Javier E

Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Stree... - 2 views

  • Instead of self-confident and self-centered answers, the author humbly asks fundamental questions: What is economics? What is its meaning? Where does this new religion, as it is sometimes called, come from? What are its possibilities and its limitations and borders, if there are any? Why are we so dependent on permanent growing of growth and growth of growing of growth? Where did the idea of progress come from, and where is it leading us? Why are so many economic debates accompanied by obsession and fanaticism?
  • The majority of our political parties act with a narrow materialistic focus when, in their programs, they present the economy and finance first; only then, somewhere at the end, do we find culture as something pasted on or as a libation for a couple of madmen.
  • most of them—consciously or unconsciously—accept and spread the Marxist thesis of the economic base and the spiritual superstructure.
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  • He tries to break free of narrow specialization and cross the boundaries between scientific disciplines. Expeditions beyond economics’ borders and its connection to history, philosophy, psychology, and ancient myths are not only refreshing, but necessary for understanding the world of the twenty-first century.
  • Reality is spun from stories, not from material. Zdeněk Neubauer
  • “The separation between the history of a science, its philosophy, and the science itself dissolves into thin air, and so does the separation between science and non-science; differences between the scientific and unscientific are vanishing.”
  • Outside of our history, we have nothing more.
  • The study of the history of a certain field is not, as is commonly held, a useless display of its blind alleys or a collection of the field’s trials and errors (until we got it right), but history is the fullest possible scope of study of a menu that the given field can offer.
  • History of thought helps us to get rid of the intellectual brainwashing of the age, to see through the intellectual fashion of the day, and to take a couple of steps back.
  • Almost all of the key concepts by which economics operates, both consciously and unconsciously, have a long history, and their roots extend predominantly outside the range of economics, and often completely beyond that of science.
  • That is the reason for this book: to look for economic thought in ancient myths and, vice versa, to look for myths in today’s economics.
  • stories; Adam Smith believed. As he puts it in The Theory of Moral Sentiments, “the desire of being believed, or the desire of persuading, of leading and directing other people, seems to be one of the strongest of all our natural desires.”
  • “The human mind is built to think in terms of narratives … in turn, much of human motivation comes from living through a story of our lives, a story that we tell to ourselves and that creates a framework of our motivation. Life could be just ‘one damn thing after another’ if it weren’t for such stories. The same is true for confidence in a nation, a company, or an institution. Great leaders are foremost creators of stories.”
  • contrary to what our textbooks say, economics is predominantly a normative field. Economics not only describes the world but is frequently about how the world should be (it should be effective, we have an ideal of perfect competition, an ideal of high-GDP growth in low inflation, the effort to achieve high competitiveness …). To this end, we create models, modern parables,
  • I will try to show that mathematics, models, equations, and statistics are just the tip of the iceberg of economics; that the biggest part of the iceberg of economic knowledge consists of everything else; and that disputes in economics are rather a battle of stories and various metanarratives than anything else.
  • Before it was emancipated as a field, economics lived happily within subsets of philosophy—ethics, for example—miles away from today’s concept of economics as a mathematical-allocative science that views “soft sciences” with a scorn born from positivistic arrogance. But our thousand-year “education” is built on a deeper, broader, and oftentimes more solid base. It is worth knowing about.
  • is a paradox that a field that primarily studies values wants to be value-free. One more paradox is this: A field that believes in the invisible hand of the market wants to be without mysteries.
  • mathematics at the core of economics, or is it just the icing of the cake, the tip of the iceberg of our field’s inquiry?
  • we seek to chart the development of the economic ethos. We ask questions that come before any economic thinking can begin—both philosophically and, to a degree, historically. The area here lies at the very borders of economics—and often beyond. We may refer to this as protoeconomics (to borrow a term from protosociology) or, perhaps more fittingly, metaeconomics (to borrow a term from metaphysics).
  • In this sense, “the study of economics is too narrow and too fragmentary to lead to valid insight, unless complemented and completed by a study of metaeconomics.”17
  • The more important elements of a culture or field of inquiry such as economics are found in fundamental assumptions that adherents of all the various systems within the epoch unconsciously presuppose. Such assumptions appear so obvious that people do not know what they are assuming, because no other way of putting things has ever occurred to them, as the philosopher Alfred Whitehead notes in Adventures of Ideas.
  • I argue that economic questions were with mankind long before Adam Smith. I argue that the search for values in economics did not start with Adam Smith but culminated with him.
  • We should go beyond economics and study what beliefs are “behind the scenes,” ideas that have often become the dominant yet unspoken assumptions in our theories. Economics is surprisingly full of tautologies that economists are predominantly unaware of. I
  • argue that economics should seek, discover, and talk about its own values, although we have been taught that economics is a value-free science. I argue that none of this is true and that there is more religion, myth, and archetype in economics than there is mathematics.
  • In a way, this is a study of the evolution of both homo economicus and, more importantly, the history of the animal spirits within him. This book tries to study the evolution of the rational as well as the emotional and irrational side of human beings.
  • I argue that his most influential contribution to economics was ethical. His other thoughts had been clearly expressed long before him, whether on specialization, or on the principle of the invisible hand of the market. I try to show that the principle of the invisible hand of the market is much more ancient and developed long before Adam Smith. Traces of it appear even in the Epic of Gilgamesh, Hebrew thought, and in Christianity, and it is expressly stated by Aristophanes and Thomas Aquinas.
  • This is not a book on the thorough history of economic thought. The author aims instead to supplement certain chapters on the history of economic thought with a broader perspective and analysis of the influences that often escape the notice of economists and the wider public.
  • Progress (Naturalness and Civilization)
  • The Economy of Good and Evil
  • from his beginnings, man has been marked as a naturally unnatural creature, who for unique reasons surrounds himself with external possessions. Insatiability, both material and spiritual, are basic human metacharacteristics, which appear as early as the oldest myths and stories.
  • the Hebrews, with linear time, and later the Christians gave us the ideal (or amplified the Hebrew ideal) we now embrace. Then the classical economists secularized progress. How did we come to today’s progression of progress, and growth for growth’s sake?
  • The Need for Greed: The History of Consumption and Labor
  • Metamathematics From where did economics get the concept of numbers as the very foundation of the world?
  • All of economics is, in the end, economics of good and evil. It is the telling of stories by people of people to people. Even the most sophisticated mathematical model is, de facto, a story, a parable, our effort to (rationally) grasp the world around us.
  • idea that we can manage to utilize our natural egoism, and that this evil is good for something, is an ancient philosophical and mythical concept. We will also look into the development of the ethos of homo economicus, the birth of “economic man.”
  • The History of Animal Spirits: Dreams Never Sleep
  • Masters of the Truth
  • Originally, truth was a domain of poems and stories, but today we perceive truth as something much more scientific, mathematical. Where does one go (to shop) for the truth? And who “has the truth” in our epoch?
  • Our animal spirits (something of a counterpart to rationality) are influenced by the archetype of the hero and our concept of what is good.
  • The entire history of ethics has been ruled by an effort to create a formula for the ethical rules of behavior. In the final chapter we will show the tautology of Max Utility, and we will discuss the concept of Max Good.
  • The History of the Invisible Hand of the Market and Homo Economicus
  • We understand “economics” to mean a broader field than just the production, distribution, and consumption of goods and services. We consider economics to be the study of human relations that are sometimes expressible in numbers, a study that deals with tradables, but one that also deals with nontradables (friendship, freedom, efficiency, growth).
  • When we mention economics in this book, we mean the mainstream perception of it, perhaps as best represented by Paul Samuelson.
  • By the term homo economicus, we mean the primary concept of economic anthropology. It comes from the concept of a rational individual, who, led by narrowly egotistical motives, sets out to maximize his benefit.
  • the Epic of Gilgamesh bears witness to the opposite—despite the fact that the first written clay fragments (such as notes and bookkeeping) of our ancestors may have been about business and war, the first written story is mainly about great friendship and adventure.
  • there is no mention of either money or war; for example, not once does anyone in the whole epic sell or purchase something.5 No nation conquers another, and we do not encounter a mention even of the threat of violence.
  • Gilgamesh becomes a hero not only due to his strength, but also due to discoveries and deeds whose importance were in large part economic—direct gaining of construction materials in the case of felling the cedar forest, stopping Enkidu from devastating Uruk’s economy, and discovering new desert routes during his expeditions.
  • Even today we live in Gilgamesh’s vision that human relations—and therefore humanity itself—are a disturbance to work and efficiency; that people would perform better if they did not “waste” their time and energy on nonproductive things.
  • is a story of nature and civilization, of heroism, defiance, and the battle against the gods, and evil; an epic about wisdom, immortality, and also futility.
  • But labour is unlike any other commodity. The work environment is of no concern for steel; we do not care about steel’s well-being.16
  • But it is in friendship where—often by-the-way, as a side product, an externality—ideas and deeds are frequently performed or created that together can altogether change the face of society.19 Friendship can go against an ingrained system in places where an individual does not have the courage to do so himself or herself.
  • As Joseph Stiglitz says, One of the great “tricks” (some say “insights”) of neoclassical economics is to treat labour like any other factor of production. Output is written as a function of inputs—steel, machines, and labour. The mathematics treats labour like any other commodity, lulling one into thinking of labour like an ordinary commodity, such as steel or plastic.
  • Even the earliest cultures were aware of the value of cooperation on the working level—today we call this collegiality, fellowship, or, if you want to use a desecrated term, comradeship. These “lesser relationships” are useful and necessary for society and for companies because work can be done much faster and more effectively if people get along with each other on a human level
  • But true friendship, which becomes one of the central themes of the Epic of Gilgamesh, comes from completely different material than teamwork. Friendship, as C. S. Lewis accurately describes it, is completely uneconomical, unbiological, unnecessary for civilization, and an unneeded relationship
  • Here we have a beautiful example of the power of friendship, one that knows how to transform (or break down) a system and change a person. Enkidu, sent to Gilgamesh as a punishment from the gods, in the end becomes his faithful friend, and together they set out against the gods. Gilgamesh would never have gathered the courage to do something like that on his own—nor would Enkidu.
  • Due to their friendship, Gilgamesh and Enkidu then intend to stand up to the gods themselves and turn a holy tree into mere (construction) material they can handle almost freely, thereby making it a part of the city-construct, part of the building material of civilization, thus “enslaving” that which originally was part of wild nature. This is a beautiful proto-example of the shifting of the borders between the sacred and profane (secular)—and to a certain extent also an early illustration of the idea that nature is there to provide cities and people with raw material and production resources.
  • started with Babylonians—rural nature becomes just a supplier of raw materials, resources (and humans the source of human resources). Nature is not the garden in which humans were created and placed, which they should care for and which they should reside in, but becomes a mere reservoir for natural (re)sources.
  • Even today, we often consider the domain of humanity (human relations, love, friendship, beauty, art, etc.) to be unproductive;
  • Both heroes change—each from opposite poles—into humans. In this context, a psychological dimension to the story may be useful: “Enkidu (…) is Gilgamesh’s alter ego, the dark, animal side of his soul, the complement to his restless heart. When Gilgamesh found Enkidu, he changed from a hated tyrant into the protector of his city. (…)
  • To be human seems to be somewhere in between, or both of these two. We
  • this moment of rebirth from an animal to a human state, the world’s oldest preserved epic implicitly hints at something highly important. Here we see what early cultures considered the beginning of civilization. Here is depicted the difference between people and animals or, better, savages. Here the epic quietly describes birth, the awakening of a conscious, civilized human. We are witnesses to the emancipation of humanity from animals,
  • The entire history of culture is dominated by an effort to become as independent as possible from the whims of nature.39 The more developed a civilization is, the more an individual is protected from nature and natural influences and knows how to create around him a constant or controllable environment to his liking.
  • The price we pay for independence from the whims of nature is dependence on our societies and civilizations. The more sophisticated a given society is as a whole, the less its members are able to survive on their own as individuals, without society.
  • The epic captures one of the greatest leaps in the development of the division of labor. Uruk itself is one of the oldest cities of all, and in the epic it reflects a historic step forward in specialization—in the direction of a new social city arrangement. Because of the city wall, people in the city can devote themselves to things other than worrying about their own safety, and they can continue to specialize more deeply.
  • Human life in the city gains a new dimension and suddenly it seems more natural to take up issues going beyond the life span of an individual. “The city wall symbolizes as well as founds the permanence of the city as an institution which will remain forever and give its inhabitants the certainty of unlimited safety, allowing them to start investing with an outlook reaching far beyond the borders of individual life.
  • The wall around the city of Uruk is, among other things, a symbol of an internal distancing from nature, a symbol of revolts against submission to laws that do not come under the control of man and that man can at most discover and use to his benefit.
  • “The chief thing which the common-sense individual wants is not satisfactions for the wants he had, but more, and better wants.”47
  • If a consumer buys something, theoretically it should rid him of one of his needs—and the aggregate of things they need should be decreased by one item. In reality, though, the aggregate of “I want to have” expands together with the growing aggregate of “I have.”
  • can be said that Enkidu was therefore happy in his natural state, because all of his needs were satiated. On the other hand, with people, it appears that the more a person has, the more developed and richer, the greater the number of his needs (including the unsaturated ones).
  • the Old Testament, this relationship is perceived completely differently. Man (humanity) is created in nature, in a garden. Man was supposed to care for the Garden of Eden and live in harmony with nature and the animals. Soon after creation, man walks naked and is not ashamed, de facto the same as the animals. What is characteristic is that man dresses (the natural state of creation itself is not enough for him), and he (literally and figuratively) covers52 himself—in shame after the fall.53
  • Nature is where one goes to hunt, collect crops, or gather the harvest. It is perceived as the saturator of our needs and nothing more. One goes back to the city to sleep and be “human.” On the contrary, evil resides in nature. Humbaba lives in the cedar forest, which also happens to be the reason to completely eradicate it.
  • Symbolically, then, we can view the entire issue from the standpoint of the epic in the following way: Our nature is insufficient, bad, evil, and good (humane) occurs only after emancipation from nature (from naturalness), through culturing and education. Humanity is considered as being in civilization.
  • The city was frequently (at least in older Jewish writings) a symbol of sin, degeneration, and decadence—nonhumanity. The Hebrews were originally a nomadic nation, one that avoided cities. It is no accident that the first important city57 mentioned in the Bible is proud Babylon,58 which God later turns to dust.
  • is enough, for example, to read the Book of Revelation to see how the vision of paradise developed from the deep Old Testament period, when paradise was a garden. John describes his vision of heaven as a city—paradise is in New Jerusalem, a city where the dimensions of the walls(!) are described in detail, as are the golden streets and gates of pearl.
  • Hebrews later also chose a king (despite the unanimous opposition of God’s prophets) and settled in cities, where they eventually founded the Lord’s Tabernacle and built a temple for Him. The city of Jerusalem later gained an illustrious position in all of religion.
  • this time Christianity (as well as the influence of the Greeks) does not consider human naturalness to be an unambiguous good, and it does not have such an idyllic relationship to nature as the Old Testament prophets.
  • If a tendency toward good is not naturally endowed in people, it must be imputed from above through violence or at least the threat of violence.
  • If we were to look at human naturalness as a good, then collective social actions need a much weaker ruling hand. If people themselves have a natural tendency (propensity) toward good, this role does not have to be supplied by the state, ruler, or, if you wish, Leviathan.
  • How does this affect economics?
  • us return for the last time to the humanization of the wild Enkidu, which is a process we can perceive with a bit of imagination as the first seed of the principle of the market’s invisible hand, and therefore the parallels with one of the central schematics of economic thinking.
  • Sometimes it is better to “harness the devil to the plow” than to fight with him. Instead of summoning up enormous energy in the fight against evil, it is better to use its own energy to reach a goal we desire; setting up a mill on the turbulent river instead of futile efforts to remove the current. This is also how Saint Prokop approached it in one of the oldest Czech legends.
  • Enkidu caused damage and it was impossible to fight against him. But with the help of a trap, trick, this evil was transformed into something that greatly benefited civilization.
  • By culturing and “domesticating” Enkidu, humanity tamed the uncontrollable wild and chaotic evil
  • Enkidu devastated the doings (the external, outside-the-walls) of the city. But he was later harnessed and fights at the side of civilization against nature, naturalness, the natural state of things.
  • A similar motif appears a thousand years after the reversal, which is well known even to noneconomists as the central idea of economics: the invisible hand of the market.
  • A similar story (reforming something animally wild and uncultivated in civilizational achievement) is used by Thomas Aquinas in his teachings. Several centuries later, this idea is fully emancipated in the hands of Bernard Mandeville and his Fable of the Bees: or, Private Vices, Publick Benefits. The economic and political aspects of this idea are—often incorrectly—ascribed to Adam Smith.
  • Here the individual does not try anymore to maximize his goods or profits, but what is important is writing his name in human memory in the form of heroic acts or deeds.
  • immortality, one connected with letters and the cult of the word: A name and especially a written name survives the body.”77
  • After this disappointment, he comes to the edge of the sea, where the innkeeper Siduri lives. As tonic for his sorrow, she offers him the garden of bliss, a sort of hedonistic fortress of carpe diem, where a person comes to terms with his mortality and at least in the course of the end of his life maximizes earthly pleasures, or earthly utility.
  • In the second stage, after finding his friend Enkidu, Gilgamesh abandons the wall and sets out beyond the city to maximalize heroism. “In his (…) search of immortal life, Gilgamesh
  • The hero refuses hedonism in the sense of maximizing terrestrial pleasure and throws himself into things that will exceed his life. In the blink of an eye, the epic turns on its head the entire utility maximization role that mainstream economics has tirelessly tried to sew on people as a part of their nature.81
  • It is simpler to observe the main features of our civilization at a time when the picture was more readable—at a time when our civilization was just being born and was still “half-naked.” In other words, we have tried to dig down to the bedrock of our written civilization;
  • today remember Gilgamesh for his story of heroic friendship with Enkidu, not for his wall, which no longer reaches monumental heights.
  • the eleventh and final tablet, Gilgamesh again loses what he sought. Like Sisyphus, he misses his goal just before the climax
  • is there something from it that is valid today? Have we found in Gilgamesh certain archetypes that are in us to this day?
  • The very existence of questions similar to today’s economic ones can be considered as the first observation. The first written considerations of the people of that time were not so different from those today. In other words: The epic is understandable for us, and we can identify with it.
  • We have also been witnesses to the very beginnings of man’s culturing—a great drama based on a liberation and then a distancing from the natural state.
  • Let us take this as a memento in the direction of our restlessness, our inherited dissatisfaction and the volatility connected to it. Considering that they have lasted five thousand years and to this day we find ourselves in harmony with a certain feeling of futility, perhaps these characteristics are inherent in man.
  • Gilgamesh had a wall built that divided the city from wild nature and created a space for the first human culture. Nevertheless, “not even far-reaching works of civilization could satisfy human desire.”
  • Friendship shows us new, unsuspected adventures, gives us the opportunity to leave the wall and to become neither its builder nor its part—to not be another brick in the wall.
  • with the phenomenon of the creation of the city, we have seen how specialization and the accumulation of wealth was born, how holy nature was transformed into a secular supplier of resources, and also how humans’ individualistic ego was emancipated.
  • to change the system, to break down that which is standing and go on an expedition against the gods (to awaken, from naïveté to awakening) requires friendship.
  • For small acts (hunting together, work in a factory), small love is enough: Camaraderie. For great acts, however, great love is necessary, real love: Friendship. Friendship that eludes the economic understanding of quid pro quo. Friendship gives. One friend gives (fully) for the other. That is friendship for life and death,
  • The thought that humanity comes at the expense of efficiency is just as old as humanity itself—as we have shown, subjects without emotion are the ideal of many tyrants.
  • The epic later crashes this idea through the friendship of Gilgamesh and Enkidu. Friendship—the biologically least essential love, which at first sight appears to be unnecessary
  • less a civilized, city person is dependent on nature, the more he or she is dependent on the rest of society. Like Enkidu, we have exchanged nature for society; harmony with (incalculable) nature for harmony with (incalculable) man.
  • human nature good or evil? To this day these questions are key for economic policy: If we believe that man is evil in his nature, therefore that a person himself is dog eat dog (animal), then the hard hand of a ruler is called for. If we believe that people in and of themselves, in their nature, gravitate toward good, then it is possible to loosen up the reins and live in a society that is more laissez-faire.
  • For a concept of historical progress, for the undeification of heroes, rulers, and nature, mankind had to wait for the Hebrews.
  • Because nature is not undeified, it is beyond consideration to explore it, let alone intervene in it (unless a person was a two-thirds god like Gilgamesh). It
  • They practiced money lending, traded in many assets (…) and especially were engaged in the trading of shares on capital markets, worked in currency exchange and frequently figured as mediators in financial transactions (…), they functioned as bankers and participated in emissions of all possible forms.
  • As regards modern capitalism (as opposed to the ancient and medieval periods) … there are activities in it which are, in certain forms, inherently (and completely necessarily) present—both from an economic and legal standpoint.7
  • As early as the “dark” ages, the Jews commonly used economic tools that were in many ways ahead of their time and that later became key elements of the modern economy:
  • Gilgamesh’s story ends where it began. There is a consistency in this with Greek myths and fables: At the end of the story, no progress occurs, no essential historic change; the story is set in indefinite time, something of a temporal limbo.
  • Jews believe in historical progress, and that progress is in this world.
  • For a nation originally based on nomadism, where did this Jewish business ethos come from? And can the Hebrews truly be considered as the architects of the values that set the direction of our civilization’s economic thought?
  • Hebrew religiosity is therefore strongly connected with this world, not with any abstract world, and those who take pleasure in worldly possessions are not a priori doing anything wrong.
  • PROGRESS: A SECULARIZED RELIGION One of the things the writers of the Old Testament gave to mankind is the idea and notion of progress. The Old Testament stories have their development; they change the history of the Jewish nation and tie in to each other. The Jewish understanding of time is linear—it has a beginning and an end.
  • The observance of God’s Commandments in Judaism leads not to some ethereal other world, but to an abundance of material goods (Genesis 49:25–26, Leviticus 26:3–13, Deuteronomy 28:1–13) (…) There are no accusing fingers pointed at
  • There are no echoes of asceticism nor for the cleansing and spiritual effect of poverty. It is fitting therefore, that the founders of Judaism, the Patriarchs Abraham, Isaac and Jacob, were all wealthy men.12
  • about due to a linear understanding of history. If history has a beginning as well as an end, and they are not the same point, then exploration suddenly makes sense in areas where the fruits are borne only in the next generation.
  • What’s more, economic progress has almost become an assumption of modern functional societies. We expect growth. We take it automatically. Today, if nothing “new” happens, if GDP does not grow (we say it stagnates) for several quarters, we consider it an anomaly.
  • however, the idea of progress itself underwent major changes, and today we perceive it very differently. As opposed to the original spiritual conceptions, today we perceive progress almost exclusively in an economic or scientific-technological sense.
  • Because care for the soul has today been replaced by care for external things,
  • This is why we must constantly grow, because we (deep down and often implicitly) believe that we are headed toward an (economic) paradise on Earth.
  • Only since the period of scientific-technological revolution (and at a time when economics was born as an independent field) is material progress automatically assumed.
  • Jewish thought is the most grounded, most realistic school of thought of all those that have influenced our culture.17 An abstract world of ideas was unknown to the Jews. To this day it is still forbidden to even depict God, people, and animals in symbols, paintings, statues, and drawings.
  • economists have become key figures of great importance in our time (Kacířské eseje o filosofii dějin [Heretical Essays in the Philosophy of History]). They are expected to perform interpretations of reality, give prophetic services (macroeconomic forecasts), reshape reality (mitigate the impacts of the crisis, speed up growth), and, in the long run, provide leadership on the way to the Promised Land—paradise on Earth.
  • REALISM AND ANTIASCETICISM Aside from ideas of progress, the Hebrews brought another very fundamental contribution to our culture: The desacralization of heroes, nature, and rulers.
  • Voltaire writes: “It certain fact is, that in his public laws he [Moses] never so much as once made mention of a life to come, limiting all punishments and all rewards to the present life.”21
  • As opposed to Christianity, the concept of an extraterrestrial paradise or heaven was not developed much in Hebrew thought.19 The paradise of the Israelites—Eden—was originally placed on Earth at a given place in Mesopotamia20 and at a given time,
  • The Hebrews consider the world to be real—not just a shadow reflection of a better world somewhere in the cloud of ideas, something the usual interpretation of history ascribes to Plato. The soul does not struggle against the body and is not its prisoner, as Augustine would write later.
  • The land, the world, the body, and material reality are for Jews the paramount setting for divine history, the pinnacle of creation. This idea is the conditio sine qua non of the development of economics, something of an utterly earthly making,
  • The mythology of the hero-king was strongly developed in that period, which Claire Lalouette summarizes into these basic characteristics: Beauty (a perfect face, on which it is “pleasant to look upon,” but also “beauty,” expressed in the Egyptian word nefer, not only means aesthetics, but contains moral qualities as well),
  • THE HERO AND HIS UNDEIFICATION: THE DREAM NEVER SLEEPS The concept of the hero is more important than it might appear. It may be the remote origin of Keynes’s animal spirits, or the desire to follow a kind of internal archetype that a given individual accepts as his own and that society values.
  • This internal animator of ours, our internal mover, this dream, never sleeps and it influences our behavior—including economic behavior—more than we want to realize.
  • manliness and strength,28 knowledge and intelligence,29 wisdom and understanding, vigilance and performance, fame and renown (fame which overcomes enemies because “a thousand men would not be able to stand firmly in his presence”);30 the hero is a good shepherd (who takes care of his subordinates), is a copper-clad rampart, the shield of the land, and the defender of heroes.
  • Each of us probably has a sort of “hero within”—a kind of internal role-model, template, an example that we (knowingly or not) follow. It is very important what kind of archetype it is, because its role is dominantly irrational and changes depending on time and the given civilization.
  • The oldest was the so-called Trickster—a fraudster; then the culture bearer—Rabbit; the musclebound hero called Redhorn; and finally the most developed form of hero: the Twins.
  • the Egyptian ruler, just as the Sumerian, was partly a god, or the son of a god.31
  • Jacob defrauds his father Isaac and steals his brother Esau’s blessing of the firstborn. Moses murders an Egyptian. King David seduces the wife of his military commander and then has him killed. In his old age, King Solomon turns to pagan idols, and so on.
  • Anthropology knows several archetypes of heroes. The Polish-born American anthropologist Paul Radin examined the myths of North American Indians and, for example, in his most influential book, The Trickster, he describes their four basic archetypes of heroes.
  • The Torah’s heroes (if that term can be used at all) frequently make mistakes and their mistakes are carefully recorded in the Bible—maybe precisely so that none of them could be deified.32
  • We do not have to go far for examples. Noah gets so drunk he becomes a disgrace; Lot lets his own daughters seduce him in a similar state of drunkenness. Abraham lies and (repeatedly) tries to sell his wife as a concubine.
  • the Hebrew heroes correspond most to the Tricksters, the Culture Bearers, and the Twins. The divine muscleman, that dominant symbol we think of when we say hero, is absent here.
  • To a certain extent it can be said that the Hebrews—and later Christianity—added another archetype, the archetype of the heroic Sufferer.35 Job
  • Undeification, however, does not mean a call to pillage or desecration; man was put here to take care of nature (see the story of the Garden of Eden or the symbolism of the naming of the animals). This protection and care of nature is also related to the idea of progress
  • For the heroes who moved our civilization to where it is today, the heroic archetypes of the cunning trickster, culture bearer, and sufferer are rather more appropriate.
  • the Old Testament strongly emphasizes the undeification of nature.37 Nature is God’s creation, which speaks of divinity but is not the domain of moody gods
  • This is very important for democratic capitalism, because the Jewish heroic archetype lays the groundwork much better for the development of the later phenomenon of the hero, which better suits life as we know it today. “The heroes laid down their arms and set about trading to become wealthy.”
  • in an Old Testament context, the pharaoh was a mere man (whom one could disagree with, and who could be resisted!).
  • RULERS ARE MERE MEN In a similar historical context, the Old Testament teachings carried out a similar desacralization of rulers, the so-called bearers of economic policy.
  • Ultimately the entire idea of a political ruler stood against the Lord’s will, which is explicitly presented in the Torah. The Lord unequivocally preferred the judge as the highest form of rule—an
  • The needs of future generations will have to be considered; after all humankind are the guardians of God’s world. Waste of natural resources, whether privately owned or nationally owned is forbidden.”39
  • Politics lost its character of divine infallibility, and political issues were subject to questioning. Economic policy could become a subject of examination.
  • 44 God first creates with the word and then on individual days He divides light from darkness, water from dry land, day from night, and so forth—and He gives order to things.45 The world is created orderly— it is wisely, reasonably put together. The way of the world is put together at least partially46 decipherably by any other wise and reasonable being who honors rational rules.
  • which for the methodology of science and economics is very important because disorder and chaos are difficult to examine scientifically.43 Faith in some kind of rational and logical order in a system (society, the economy) is a silent assumption of any (economic) examination.
  • THE PRAISE OF ORDER AND WISDOM: MAN AS A PERFECTER OF CREATION The created world has an order of sorts, an order recognizable by us as people,
  • From the very beginning, when God distances Himself from the entire idea, there is an anticipation that there is nothing holy, let alone divine, in politics. Rulers make mistakes, and it is possible to subject them to tough criticism—which frequently occurs indiscriminately through the prophets in the Old Testament.
  • Hebrew culture laid the foundations for the scientific examination of the world.
  • Examining the world is therefore an absolutely legitimate activity, and one that is even requested by God—it is a kind of participation in the Creator’s work.51 Man is called on to understand himself and his surroundings and to use his knowledge for good.
  • I was there when he set heavens in place, when he marked out the horizon on the face of the deep (…) Then I was the craftsman at his side.47
  • There are more urgings to gain wisdom in the Old Testament. “Wisdom calls aloud in the street (…): ‘How long will you simple ones love your simple ways?’”49 Or several chapters later: “Wisdom is supreme; therefore get wisdom. Though it cost all you have, get understanding.”50
  • examination is not forbidden. The fact that order can be grasped by human reason is another unspoken assumption that serves as a cornerstone of any scientific examination.
  • then, my sons, listen to me; blessed are those who keep my ways (…) Blessed is the man who listens to me, watching daily at my doors, waiting at my doorway. For whoever finds me finds life and receives favor from the Lord.
  • the rational examination of nature has its roots, surprisingly, in religion.
  • The Lord brought me forth as the first of his works, before his deeds of old. I was appointed from eternity, from the beginning, before the world began. When there were no oceans, I was given birth, when there were no springs abounding with water, before the mountains were settled in place,
  • The Book of Proverbs emphasizes specifically several times that it was wisdom that was present at the creation of the world. Wisdom personified calls out:
  • The last act, final stroke of the brush of creation, naming of the animals—this act is given to a human, it is not done by God, as one would expect. Man was given the task of completing the act of creation that the Lord began:
  • MAN AS A FINISHER OF CREATION The creation of the world, as it is explained in Jewish teachings, is described in the Book of Genesis. Here God (i) creates, (ii) separates, and (iii) names [my emphasis]:
  • Naming is a symbolic expression. In Jewish culture (and also in our culture to this day), the right to name meant sovereign rights and belonged, for example, to explorers (new places), inventors (new principles), or parents (children)—that is, to those who were there at the genesis, at the origin. This right was handed over by God to mankind.
  • The Naming itself (the capital N is appropriate) traditionally belongs to the crowning act of the Creator and represents a kind of grand finale of creation, the last move of the brush to complete the picture—a signature of the master.
  • Without naming, reality does not exist; it is created together with language. Wittgenstein tightly names this in his tractatus—the limits of our language are the limits of our world.53
  • He invented (fictitiously and completely abstractly!) a framework that was generally accepted and soon “made into” reality. Marx invented similarly; he created the notion of class exploitation. Through his idea, the perception of history and reality was changed for a large part of the world for nearly an entire century.
  • Reality is not a given; it is not passive. Perceiving reality and “facts” requires man’s active participation. It is man who must take the last step, an act (and we
  • How does this relate to economics? Reality itself, our “objective” world, is cocreated, man himself participates in the creation; creation, which is somewhat constantly being re-created.
  • Our scientific models put the finishing touches on reality, because (1) they interpret, (2) they give phenomena a name, (3) they enable us to classify the world and phenomena according to logical forms, and (4) through these models we de facto perceive reality.
  • When man finds a new linguistic framework or analytical model, or stops using the old one, he molds or remolds reality. Models are only in our heads; they are not “in objective reality.” In this sense, Newton invented (not merely discovered!) gravity.
  • A real-ization act on our part represents the creation of a construct, the imputation of sense and order (which is beautifully expressed by the biblical act of naming, or categorization, sorting, ordering).
  • Keynes enters into the history of economic thought from the same intellectual cadence; his greatest contribution to economics was precisely the resurrection of the imperceptible—for example in the form of animal spirits or uncertainty. The economist Piero Mini even ascribes Keynes’s doubting and rebellious approach to his almost Talmudic education.63
  • God connects man with the task of guarding and protecting the Garden of Eden, and thus man actually cocreates the cultural landscape. The Czech philosopher Zdeněk Neubauer also describes this: “Such is reality, and it is so deep that it willingly crystallizes into worlds. Therefore I profess that reality is a creation and not a place of occurrence for objectively given phenomena.”61
  • in this viewpoint it is possible to see how Jewish thought is mystical—it admits the role of the incomprehensible. Therefore, through its groundedness, Jewish thought indulges mystery and defends itself against a mechanistic-causal explanation of the world: “The Jewish way of thinking, according to Veblen, emphasizes the spiritual, the miraculous, the intangible.
  • The Jews believed the exact opposite. The world is created by a good God, and evil appears in it as a result of immoral human acts. Evil, therefore, is induced by man.66 History unwinds according to the morality of human acts.
  • What’s more, history seems to be based on morals; morals seem to be the key determining factors of history. For the Hebrews, history proceeds according to how morally its actors behave.
  • The Sumerians believed in dualism—good and evil deities exist, and the earth of people becomes their passive battlefield.
  • GOOD AND EVIL IN US: A MORAL EXPLANATION OF WELL-BEING We have seen that in the Epic of Gilgamesh, good and evil are not yet addressed systematically on a moral level.
  • This was not about moral-human evil, but rather a kind of natural evil. It is as if good and evil were not touched by morality at all. Evil simply occurred. Period.
  • the epic, good and evil are not envisaged morally—they are not the result of an (a)moral act. Evil was not associated with free moral action or individual will.
  • Hebrew thought, on the other hand, deals intensively with moral good and evil. A moral dimension touches the core of its stories.65
  • discrepancy between savings and investment, and others are convinced of the monetary essence
  • The entire history of the Jewish nation is interpreted and perceived in terms of morality. Morality has become, so to speak, a mover and shaker of Hebrew history.
  • sunspots. The Hebrews came up with the idea that morals were behind good and bad years, behind the economic cycle. But we would be getting ahead of ourselves. Pharaoh’s Dream: Joseph and the First Business Cycle To
  • It is the Pharaoh’s well-known dream of seven fat and seven lean cows, which he told to Joseph, the son of Jacob. Joseph interpreted the dream as a macroeconomic prediction of sorts: Seven years of abundance were to be followed by seven years of poverty, famine, and misery.
  • Self-Contradicting Prophecy Here, let’s make several observations on this: Through taxation74 on the level of one-fifth of a crop75 in good years to save the crop and then open granaries in bad years, the prophecy was de facto prevented (prosperous years were limited and hunger averted—through a predecessor of fiscal stabilization).
  • The Old Testament prophesies therefore were not any deterministic look into the future, but warnings and strategic variations of the possible, which demanded some kind of reaction. If the reaction was adequate, what was prophesied would frequently not occur at all.
  • This principle stands directly against the self-fulfilling prophecy,80 the well-known concept of social science. Certain prophecies become self-fulfilling when expressed (and believed) while others become self-contradicting prophecies when pronounced (and believed).
  • If the threat is anticipated, it is possible to totally or at least partially avoid it. Neither Joseph nor the pharaoh had the power to avoid bounty or crop failure (in this the dream interpretation was true and the appearance of the future mystical), but they avoided the impacts and implications of the prophecy (in this the interpretation of the dream was “false”)—famine did not ultimately occur in Egypt, and this was due to the application of reasonable and very intuitive economic policy.
  • Let us further note that the first “macroeconomic forecast” appears in a dream.
  • back to Torah: Later in this story we will notice that there is no reason offered as to why the cycle occurs (that will come later). Fat years will simply come, and then lean years after them.
  • Moral Explanation of a Business Cycle That is fundamentally different from later Hebrew interpretations, when the Jewish nation tries to offer reasons why the nation fared well or poorly. And those reasons are moral.
  • If you pay attention to these laws and are careful to follow them, then the Lord your God will keep his covenant of love with you, as he swore to your forefathers. He will love you and bless you and increase your numbers.
  • Only in recent times have some currents of economics again become aware of the importance of morals and trust in the form of measuring the quality of institutions, the level of justice, business ethics, corruption, and so forth, and examining their influence on the economy,
  • From today’s perspective, we can state that the moral dimension entirely disappeared from economic thought for a long time, especially due to the implementation of Mandeville’s concept of private vices that contrarily support the public welfare
  • Without being timid, we can say this is the first documented attempt to explain the economic cycle. The economic cycle, the explanation of which is to this day a mystery to economists, is explained morally in the Old Testament.
  • But how do we consolidate these two conflicting interpretations of the economic cycle: Can ethics be responsible for it or not? Can we influence reality around us through our acts?
  • it is not within the scope of this book to answer that question; justice has been done to the question if it manages to sketch out the main contours of possible searches for answers.
  • THE ECONOMICS OF GOOD AND EVIL: DOES GOOD PAY OFF? This is probably the most difficult moral problem we could ask.
  • Kant, the most important modern thinker in the area of ethics, answers on the contrary that if we carry out a “moral” act on the basis of economic calculus (therefore we carry out an hedonistic consideration; see below) in the expectation of later recompense, its morality is lost. Recompense, according to the strict Kant, annuls ethics.
  • Inquiring about the economics of good and evil, however, is not that easy. Where would Kant’s “moral dimension of ethics” go if ethics paid? If we do good for profit, the question of ethics becomes a mere question of rationality.
  • Job’s friends try to show that he must have sinned in some way and, in doing so, deserved God’s punishment. They are absolutely unable to imagine a situation in which Job, as a righteous man, would suffer without (moral) cause. Nevertheless, Job insists that he deserves no punishment because he has committed no offense: “God has wronged me and drawn his net around me.”94
  • But Job remains righteous, even though it does not pay to do so: Though he slay me, yet will I hope in him.95 And till I die, I will not deny my integrity I will maintain my righteousness and never let go of it; my conscience will not reproach me as long as I live.96
  • He remains righteous, even if his only reward is death. What economic advantage could he have from that?
  • morals cannot be considered in the economic dimension of productivity and calculus. The role of the Hebrews was to do good, whether it paid off or not. If good (outgoing) is rewarded by incoming goodness, it is a bonus,99 not a reason to do outgoing good. Good and reward do not correlate to each other.
  • This reasoning takes on a dimension of its own in the Old Testament. Good (incoming) has already happened to us. We must do good (outgoing) out of gratitude for the good (incoming) shown to us in the past.
  • So why do good? After all, suffering is the fate of many biblical figures. The answer can only be: For good itself. Good has the power to be its own reward. In this sense, goodness gets its reward, which may or may not take on a material dimension.
  • the Hebrews offered an interesting compromise between the teachings of the Stoics and Epicureans. We will go into it in detail later, so only briefly
  • constraint. It calls for bounded optimalization (with limits). A kind of symbiosis existed between the legitimate search for one’s own utility (or enjoyment of life) and maintaining rules, which are not negotiable and which are not subject to optimalization.
  • In other words, clear (exogenously given) rules exist that must be observed and cannot be contravened. But within these borders it is absolutely possible, and even recommended, to increase utility.
  • the mining of enjoyment must not come at the expense of exogenously given rules. “Judaism comes therefore to train or educate the unbounded desire … for wealth, so that market activities and patterns of consumption operate within a God-given morality.”102
  • The Epicureans acted with the goal of maximizing utility without regard for rules (rules developed endogenously, from within the system, computed from that which increased utility—this was one of the main trumps of the Epicurean school; they did not need exogenously given norms, and argued that they could “calculate” ethics (what to do) for every given situation from the situation itself).
  • The Stoics could not seek their enjoyment—or, by another name, utility. They could not in any way look back on it, and in no way could they count on it. They could only live according to rules (the greatest weakness of this school was to defend where exogenously the given rules came from and whether they are universal) and take a indifferent stand to the results of their actions.
  • To Love the Law The Jews not only had to observe the law (perhaps the word covenant would be more appropriate), but they were to love it because it was good.
  • Their relationship to the law was not supposed to be one of duty,105 but one of gratitude, love. Hebrews were to do good (outgoing), because goodness (incoming) has already been done to them.
  • This is in stark contrast with today’s legal system, where, naturally, no mention of love or gratefulness exists. But God expects a full internalization of the commandments and their fulfillment with love, not as much duty. By no means was this on the basis of the cost-benefit analyses so widespread in economics today, which determines when it pays to break the law and when not to (calculated on the basis of probability of being caught and the amount of punishment vis-à-vis the possible gain).
  • And now, O Israel, what does the Lord your God ask of you but to fear the Lord your God, to walk in all his ways, to love him, to serve the Lord your God with all your heart and with all your soul, and to observe the Lord’s commands and decrees that I am giving you today for your own good? To the Lord your God belong the heavens, even the highest heavens, the earth and everything in it. Yet the Lord set his affection on your forefathers and loved them….
  • the principle of doing good (outgoing) on the basis of a priori demonstrated good (incoming) was also taken over by the New Testament. Atonement itself is based on an a priori principle; all our acts are preceded by good.
  • The Hebrews, originally a nomadic tribe, preferred to be unrestrained and grew up in constant freedom of motion.
  • Human laws, if they are in conflict with the responsibilities given by God, are subordinate to personal responsibility, and a Jew cannot simply join the majority, even if it is legally allowed. Ethics, the concept of good, is therefore always superior to all local laws, rules, and customs:
  • THE SHACKLES OF THE CITY Owing to the Hebrew’s liberation from Egyptian slavery, freedom and responsibility become the key values of Jewish thought.
  • Laws given by God are binding for Jews, and God is the absolute source of all values,
  • The Hebrew ideal is represented by the paradise of the Garden of Eden, not a city.116 The despised city civilization or the tendency to see in it a sinful and shackling way of life appears in glimpses and allusions in many places in the Old Testament.
  • The nomadic Jewish ethos is frequently derived from Abraham, who left the Chaldean city of Ur on the basis of a command:
  • In addition, they were aware of a thin two-way line between owner and owned. We own material assets, but—to a certain extent—they own us and tie us down. Once we become used to a certain material
  • This way of life had understandably immense economic impacts. First, such a society lived in much more connected relationships, where there was no doubt that everyone mutually depended on each other. Second, their frequent wanderings meant the inability to own more than they could carry; the gathering up of material assets did not have great weight—precisely because the physical weight (mass) of things was tied to one place.
  • One of Moses’s greatest deeds was that he managed to explain to his nation once and for all that it is better to remain hungry and liberated than to be a slave with food “at no cost.”
  • SOCIAL WELFARE: NOT TO ACT IN THE MANNER OF SODOM
  • regulations is developed in the Old Testament, one we hardly find in any other nation of the time. In Hebrew teachings, aside from individual utility, indications of the concept of maximalizing utility societywide appear for the first time as embodied in the Talmudic principle of Kofin al midat S´dom, which can be translated as “one is compelled not to act in the manner of Sodom” and to take care of the weaker members of society.
  • In a jubilee year, debts were to be forgiven,125 and Israelites who fell into slavery due to their indebtedness were to be set free.126
  • Such provisions can be seen as the antimonopoly and social measures of the time. The economic system even then had a clear tendency to converge toward asset concentration, and therefore power as well. It would appear that these provisions were supposed to prevent this process
  • Land at the time could be “sold,” and it was not sale, but rent. The price (rent) of real estate depended on how long there was until a forgiveness year. It was about the awareness that we may work the land, but in the last instance we are merely “aliens and strangers,” who have the land only rented to us for a fixed time. All land and riches came from the Lord.
  • These provisions express a conviction that freedom and inheritance should not be permanently taken away from any Israelite. Last but not least, this system reminds us that no ownership lasts forever and that the fields we plow are not ours but the Lord’s.
  • Glean Another social provision was the right to glean, which in Old Testament times ensured at least basic sustenance for the poorest. Anyone who owned a field had the responsibility not to harvest it to the last grain but to leave the remains in the field for the poor.
  • Tithes and Early Social Net Every Israelite also had the responsibility of levying a tithe from their entire crop. They had to be aware from whom all ownership comes and, by doing so, express their thanks.
  • “Since the community has an obligation to provide food, shelter, and basic economic goods for the needy, it has a moral right and duty to tax its members for this purpose. In line with this duty, it may have to regulate markets, prices and competition, to protect the interests of its weakest members.”135
  • In Judaism, charity is not perceived as a sign of goodness; it is more of a responsibility. Such a society then has the right to regulate its economy in such a way that the responsibility of charity is carried out to its satisfaction.
  • With a number of responsibilities, however, comes the difficulty of getting them into practice. Their fulfillment, then, in cases when it can be done, takes place gradually “in layers.” Charitable activities are classified in the Talmud according to several target groups with various priorities, classified according to, it could be said, rules of subsidiarity.
  • Do not mistreat an alien or oppress him, for you were aliens in Egypt.140 As one can see, aside from widows and orphans, the Old Testament also includes immigrants in its area of social protection.141 The Israelites had to have the same rules apply for them as for themselves—they could not discriminate on the basis of their origin.
  • ABSTRACT MONEY, FORBIDDEN INTEREST, AND OUR DEBT AGE If it appears to us that today’s era is based on money and debt, and our time will be written into history as the “Debt age,” then it will certainly be interesting to follow how this development occurred.
  • Money is a social abstractum. It is a social agreement, an unwritten contract.
  • The first money came in the form of clay tablets from Mesopotamia, on which debts were written. These debts were transferable, so the debts became currency. In the end, “It is no coincidence that in English the root of ‘credit’ is ‘credo,’ the Latin for ‘I believe.’”
  • To a certain extent it could be said that credit, or trust, was the first currency. It can materialize, it can be embodied in coins, but what is certain is that “money is not metal,” even the rarest metal, “it is trust inscribed,”
  • Inseparably, with the original credit (money) goes interest. For the Hebrews, the problem of interest was a social issue: “If you lend money to one of my people among you who is needy, do not be like a moneylender; charge him no interest.”
  • there were also clearly set rules setting how far one could go in setting guarantees and the nonpayment of debts. No one should become indebted to the extent that they could lose the source of their livelihood:
  • In the end, the term “bank” comes from the Italian banci, or the benches that Jewish lenders sat on.157
  • Money is playing not only its classical roles (as a means of exchange, a holder of value, etc.) but also a much greater, stronger role: It can stimulate, drive (or slow down) the whole economy. Money plays a national economic role.
  • In the course of history, however, the role of loans changed, and the rich borrowed especially for investment purposes,
  • Today the position and significance of money and debt has gone so far and reached such a dominant position in society that operating with debts (fiscal policy) or interest or money supply (monetary policy) means that these can, to a certain extent, direct (or at least strongly influence) the whole economy and society.
  • In such a case a ban on interest did not have great ethical significance. Thomas Aquinas, a medieval scholar (1225-1274), also considers similarly; in his time, the strict ban on lending with usurious interest was loosened, possibly due to him.
  • As a form of energy, money can travel in three dimensions, vertically (those who have capital lend to those who do not) and horizontally (speed and freedom in horizontal or geographic motion has become the by-product—or driving force?—of globalization). But money (as opposed to people) can also travel through time.
  • money is something like energy that can travel through time. And it is a very useful energy, but at the same time very dangerous as well. Wherever
  • Aristotle condemned interest162 not only from a moral standpoint, but also for metaphysical reasons. Thomas Aquinas shared the same fear of interest and he too argued that time does not belong to us, and that is why we must not require interest.
  • MONEY AS ENERGY: TIME TRAVEL AND GROSS DEBT PRODUCT (GDP)
  • Due to this characteristic, we can energy-strip the future to the benefit of the present. Debt can transfer energy from the future to the present.163 On the other hand, saving can accumulate energy from the past and send it to the present.
  • labor was not considered degrading in the Old Testament. On the contrary, the subjugation of nature is even a mission from God that originally belonged to man’s very first blessings.
  • LABOR AND REST: THE SABBATH ECONOMY
  • The Jews as well as Aristotle behaved very guardedly toward loans. The issue of interest/usury became one of the first economic debates. Without having an inkling of the future role of economic policy (fiscal and monetary), the ancient Hebrews may have unwittingly felt that they were discovering in interest a very powerful weapon, one that can be a good servant, but (literally) an enslaving master as well.
  • It’s something like a dam. When we build one, we are preventing periods of drought and flooding in the valley; we are limiting nature’s whims and, to a large extent, avoiding its incalculable cycles. Using dams, we can regulate the flow of water to nearly a constant. With it we tame the river (and we can also gain
  • But if we do not regulate the water wisely, it may happen that we would overfill the dam and it would break. For the cities lying in the valley, their end would be worse than if a dam were never there.
  • If man lived in harmony with nature before, now, after the fall, he must fight; nature stands against him and he against it and the animals. From the Garden we have moved unto a (battle)field.
  • Only after man’s fall does labor turn into a curse.168 It could even be said that this is actually the only curse, the curse of the unpleasantness of labor, that the Lord places on Adam.
  • Both Plato and Aristotle consider labor to be necessary for survival, but that only the lower classes should devote themselves to it so that the elites would not have to be bothered with it and so that they could devote themselves to “purely spiritual matters—art, philosophy, and politics.”
  • Work is also not only a source of pleasure but a social standing; It is considered an honor. “Do you see a man skilled in his work? He will serve before kings.”170 None of the surrounding cultures appreciate work as much. The idea of the dignity of labor is unique in the Hebrew tradition.
  • Hebrew thinking is characterized by a strict separation of the sacred from the profane. In life, there are simply areas that are holy, and in which it is not allowed to economize, rationalize, or maximize efficiency.
  • good example is the commandment on the Sabbath. No one at all could work on this day, not even the ones who were subordinate to an observant Jew:
  • the message of the commandment on Saturday communicated that people were not primarily created for labor.
  • Paradoxically, it is precisely this commandment out of all ten that is probably the most violated today.
  • Aristotle even considers labor to be “a corrupted waste of time which only burdens people’s path to true honour.”
  • we have days when we must not toil connected (at least lexically) with the word meaning emptiness: the English term “vacation” (or emptying), as with the French term, les vacances, or German die Freizeit, meaning open time, free time, but also…
  • Translated into economic language: The meaning of utility is not to increase it permanently but to rest among existing gains. Why do we learn how to constantly increase gains but not how to…
  • This dimension has disappeared from today’s economics. Economic effort has no goal at which it would be possible to rest. Today we only know growth for growth’s sake, and if our company or country prospers, that does not…
  • Six-sevenths of time either be dissatisfied and reshape the world into your own image, man, but one-seventh you will rest and not change the creation. On the seventh day, enjoy creation and enjoy the work of your hands.
  • the purpose of creation was not just creating but that it had an end, a goal. The process was just a process, not a purpose. The whole of Being was created so…
  • Saturday was not established to increase efficiency. It was a real ontological break that followed the example of the Lord’s seventh day of creation. Just as the Lord did not rest due to tiredness or to regenerate strength; but because He was done. He was done with His work, so that He could enjoy it, to cherish in His creation.
  • If we believe in rest at all today, it is for different reasons. It is the rest of the exhausted machine, the rest of the weak, and the rest of those who can’t handle the tempo. It’s no wonder that the word “rest…
  • Related to this, we have studied the first mention of a business cycle with the pharaoh’s dream as well as seen a first attempt (that we may call…
  • We have tried to show that the quest for a heaven on Earth (similar to the Jewish one) has, in its desacralized form, actually also been the same quest for many of the…
  • We have also seen that the Hebrews tried to explain the business cycle with morality and ethics. For the Hebrews,…
  • ancient Greek economic ethos, we will examine two extreme approaches to laws and rules. While the Stoics considered laws to be absolutely valid, and utility had infinitesimal meaning in their philosophy, the Epicureans, at least in the usual historical explanation, placed utility and pleasure in first place—rules were to be made based on the principle of utility.
  • CONCLUSION: BETWEEN UTILITY AND PRINCIPLE The influence of Jewish thought on the development of market democracy cannot be overestimated. The key heritage for us was the lack of ascetic perception of the world, respect to law and private…
  • We have tried to show how the Torah desacralized three important areas in our lives: the earthly ruler, nature,…
  • What is the relationship between the good and evil that we do (outgoing) and the utility of disutility that we (expect to) get as a reward (incoming)? We have seen…
  • The Hebrews never despised material wealth; on contrary, the Jewish faith puts great responsibility on property management. Also the idea of progress and the linear perception of time gives our (economic)…
  • the Hebrews managed to find something of a happy compromise between both of these principles.
  • will not be able to completely understand the development of the modern notion of economics without understanding the disputes between the Epicureans and the Stoics;
  • poets actually went even further, and with their speech they shaped and established reality and truth. Honor, adventure, great deeds, and the acclaim connected with them played an important role in the establishment of the true, the real.
  • those who are famous will be remembered by people. They become more real, part of the story, and they start to be “realized,” “made real” in the lives of other people. That which is stored in memory is real; that which is forgotten is as if it never existed.
  • Today’s scientific truth is founded on the notion of exact and objective facts, but poetic truth stands on an interior (emotional) consonance with the story or poem. “It is not addressed first to the brain … [myth] talks directly to the feeling system.”
  • “epic and tragic poets were widely assumed to be the central ethical thinkers and teachers of Greece; nobody thought of their work as less serious, less aimed at truth, than the speculative prose treatises of historians and philosophers.”5 Truth and reality were hidden in speech, stories, and narration.
  • Ancient philosophy, just as science would later, tries to find constancy, constants, quantities, inalterabilities. Science seeks (creates?) order and neglects everything else as much as it can. In their own experiences, everyone knows that life is not like that,
  • Just as scientists do today, artists drew images of the world that were representative, and therefore symbolic, picturelike, and simplifying (but thus also misleading), just like scientific models, which often do not strive to be “realistic.”
  • general? In the end, poetry could be more sensitive to the truth than the philosophical method or, later, the scientific method. “Tragic poems, in virtue of their subject matter and their social function, are likely to confront and explore problems about human beings and luck that a philosophical text might be able to omit or avoid.”8
kaylynfreeman

Biden Administration Directs FEMA to Help Shelter Migrant Children - The New York Times - 0 views

  • The agency will help provide basic care as criticism mounts over the treatment of the increasing number of young migrants who have filled detention facilities at the southwest border.
  • WASHINGTON — The Biden administration is directing the Federal Emergency Management Agency to assist in processing an increasing number of children and teenagers who have filled detention facilities at the southwest border, as criticism mounts over the treatment of young migrants.
  • “A Border Patrol facility is no place for a child,” Alejandro N. Mayorkas, the homeland security secretary, said in a statement on Saturday. “Our goal is to ensure that unaccompanied children are transferred to H.H.S. as quickly as possible.”
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  • Previous administrations have also dispatched FEMA to help process migrants during surges in border crossings. However, the Biden administration cannot use disaster aid funding to support the processing of migrants in Texas after they cross the border without the consent of Gov. Greg Abbott, a Republican. States must request the funding from the federal government.
  • The agency will help provide basic care as criticism mounts over the treatment of the increasing number of young migrants who have filled detention facilities at the southwest border.
mariedhorne

Saudi Arabia Curbs Death Penalty in Move to Soften Image - WSJ - 0 views

  • Saudi Arabia Curbs Death Penalty in Move to Soften Image - WSJSaudi Arabia Curbs Death Penalty in Move to Soften Image - WSJRIYADH, Saudi Arabia—Saudi Arabia said Monday it had imposed a moratorium on capital punishment for drug-related offenses that led to an 85% reduction in executions, as the conservative Muslim kingdom seeks to soften its image to attract Western tourists and foreign investment.
  • The state-backed Human Rights Commission said 27 executions were recorded in 2020. That is down from 184 the year before, according to rights watchdog Amnesty International, when Saudi Arabia trailed only China and Iran globally.
  • Prince Mohammed, the 35-year-old de facto ruler, has previously said the government was working to change the law to reduce the punishment for some crimes from execution to life in prison.
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  • “This is a required step and now we hope to increase alternative punishments after long years of increased killing,” Mr. Hajji said. “But we want that to be done in a lawful and disciplined way, not randomly and arbitrarily.”
  • The 2018 killing and dismemberment of journalist Jamal Khashoggi inside the kingdom’s Istanbul consulate sparked global outrage and government pledges of justice for the perpetrators. Five people convicted in Mr. Khashoggi’s murder were initially given the death penalty, but their sentences were reduced to 20-year prison terms after his son said he forgave them.
xaviermcelderry

C.D.C. Warns New Virus Variant Could Fuel Huge Spikes in Covid Cases - The New York Times - 0 views

  • ederal health officials sounded the alarm Friday about a fast spreading, far more contagious variant of the coronavirus that is projected to become the dominant source of infection in the country by March, potentially fueling another wrenching surge of cases and deaths.
  • Only 76 cases of the variant have been identified so far in the U.S., but the actual number is believed to be higher and is expected to spiral upward in the next few weeks, officials said.
  • But spikes in cases threaten to cripple already overwhelmed hospitals and nursing homes in many parts of the country. Some are at or near capacity. Others have faced troubling rates of infection among their staff, causing shortages and increasing patient loads.
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  • “I want to stress that we are deeply concerned that this strain is more transmissible and can accelerate outbreaks in the U.S.
  • Covid cases and deaths have broken record after record across the country, with a peak number of deaths, 4,400, announced on Tuesday. At least 3,973 new deaths and 238,390 new cases were reported on Thursday, and the nation is nearing a milestone of 400,000 deaths.
  • The new variant, called B 1.1.7 was first identified in Britain, where it rapidly became the primary source of infections, accounting for as many 60 percent of new cases diagnosed in London and surrounding areas.
  • In the new report, C.D.C. scientists modeled how quickly the variant might spread in the United States, assuming about 10 percent to 30 percent of people have pre-existing immunity to the virus, and another 1 million people will be vaccinated each week beginning this month.
  • It’s not yet clear what makes the new variants more contagious. They share at least one mutation, called N501Y, that is thought to be involved. One possibility, researchers said, is that the mutation may increase the amount of virus in the nose but not in the lungs — potentially explaining why it is more contagious, but not more deadly.A higher amount of virus in the nose means anyone infected would expel more virus while talking, singing, coughing or even breathing, said Trevor Bedford, an evolutionary biologist at the Fred Hutchinson Cancer Research Center in Seattle
  • Federal health officials sounded the alarm Friday about a fast spreading, far more contagious variant of the coronavirus that is projected to become the dominant source of infection in the country by March, potentially fueling another wrenching surge of cases and deaths.
  • The variant is not known to be more deadly or to cause more severe disease. But the dire warning — hedged by limited data about just how prevalent the variant first identified in Britain has become — landed in a week where the nation’s nascent vaccination campaign was hampered by confusion and limited supplies as demand grew among growing numbers of eligible people
  • Only 76 cases of the variant have been identified so far in the U.S., but the actual number is believed to be higher and is expected to spiral upward in the next few weeks, officials said.
  • One in 860 Americans have died of Covid-19 in the last year, according to new figures released by the C.D.C. But the burden of deaths has not fallen equally across racial, ethnic lines and geographic regions, and there is concern that vaccines will not reach the hardest hit communities, where access to health services is limited and distrust is rampant. Editors’ PicksFor Pro Athlete Leading Social Justice Push, a Victory and UncertaintyJames Comey’s View of Justice — and How It Differs From Donald Trump’sHow ‘Orwellian’ Became an All-Purpose InsultAdvertisementContinue reading the main storyImage
  • But spikes in cases threaten to cripple already overwhelmed hospitals and nursing homes in many parts of the country. Some are at or near capacity. Others have faced troubling rates of infection among their staff, causing shortages and increasing patient loads.
  • If the variant is about 50 percent more contagious, as suggested by data from Britain, it will become the predominant source of all infections in the United States by March, the model showed. A slow rollout of vaccinations will hasten that fate.
cartergramiak

Marjorie Taylor Greene Tests the Limits of Some Voters - The New York Times - 0 views

  • Billy Martin does not care much for politicians. But the retired teacher and coach liked what he heard from Marjorie Taylor Greene, who promised to arrive in Washington as a defiant force, intent on rattling the establishment.
  • But in recent weeks, it has also been impossible to ignore the torrent of troubling social media posts and videos in which Ms. Greene had endorsed violent behavior, including executing Democratic leaders, and spread an array of conspiracy theories, including that the Sept. 11 terrorist attack on the Pentagon and the massacre at Marjory Stoneman Douglas High School in Parkland, Fla., were hoaxes.
  • “Sometimes people say things they regret, speak before they think,” Mr. Martin said as he got in his pickup in downtown Summerville, a town of 4,300 people represented by Ms. Greene,
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  • He found her posts and statements puzzling. Still, he added, he was not sure what to believe. “I don’t think they treat you fairly anymore,” Mr. Martin said, referring to the news media and Democratic politicians.Image
  • As Democrats push to strip Ms. Greene of committee assignments and as some Republicans condemn her statements, she has argued that the resistance confronting her only “strengthens my base of support at home and across the country.”
  • “It’s embarrassing,” Ashley Shelton, a stay-at-home mother who voted for Ms. Greene, said of the controversy. She thought former President Donald J. Trump would serve another term and saw Ms. Greene as “a backup, a comfort.”
  • The wise are the quiet ones,” she said. “The more she opens her mouth, the less evidence of her wisdom.”
  • “A lot of people here feel like they really know her,” said Luke Martin, a local prosecutor and chairman of the Republican Party in Floyd County, which is in her district. “They’ve met her. They’ve spoken with her. She never talked about that stuff. It’s kind of confusing to a lot of people. The person they think they know is not this person.”
  • “I didn’t think she was fit for office back then,” John Lugthart, who wrote one of the letters published in The Daily Citizen-News in Dalton, said of his opinions of Ms. Greene during the election. “More and more has come out, and my hope is that many others in our district now realize she’s not the one to represent us.”
  • “I love her,” she said of Ms. Greene, describing her as a fighter taking on the political establishment. “She fought them. If the party was like it was supposed to be, she wouldn’t be in a corner by herself.”
aidenborst

Trump, Biden and the Tough Guy, Nice Guy Politics of 2020 - The New York Times - 0 views

  • Kindness. Humility. Responsibility. These traits were once “the definition of manliness,” Barack Obama told a crowd on Saturday, campaigning in Flint, Mich., for his former running mate, Joseph R. Biden Jr.
  • “It used to be being a man meant taking care of other people, not going around bragging,” Mr. Obama said.
  • n two days, Americans will take their shot, making a choice between two presidential candidates who resemble vastly different case studies in what a man, even in 2020, should do or be.
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  • On the one extreme is President Trump, who leaves little subtlety in his approach: Bragging about his sexual prowess, along with the size of his nuclear button, proclaiming “domination” over coronavirus and mocking his opponent for the size of his mask (“the biggest mask I’ve ever seen”), as if mask-wearing is somehow weak.
  • He has said he believes men who change diapers are “acting like the wife.” “Macho Man” is the song that plays at his rallies, even after the Village People objected. “He seeks to distinguish himself as the manliest — and thus, in his mind, the most-qualified — person to be president,” said Kelly Dittmar, a scholar at the Center for American Women and Politics at Rutgers University.
  • On the other end of the spectrum, or perhaps somewhere in the middle, is Mr. Biden, a “Dad-like” figure, as the philosopher Kate Manne put it, who has vowed to be America’s protector through a dark period, with some combination of strength, empathy and compassion.
  • “He’s offering a more paternalistic type of masculinity, in that you can be a strong leader, but still be compassionate and empathetic,” said Marianne Cooper, a sociologist at Stanford University who studies gender and work.
  • “Ultimately, masculinity still matters, we’ve learned. It’s how candidates still try to prove they are the best candidate,” said Ms. Cooper. “And so, even in 2020, Democrats decided the safest bet to beat a white man in his 70s is another white man in his 70s.”
  • From Richard Nixon to Ronald Reagan and right on through Mr. Trump, largely white, Christian, heterosexual presidential candidates have “performed” manhood in all sorts of ways: Donning hard hats and posing inside military tanks; battling over who would be the better guy to have a beer with; and implying their opponents were soft, weak, or “sleepy.”
  • “Michael Dukakis had a 17-point lead over Bush in the summer of 1988,” said Mr. Katz, whose book on presidential masculinity has been adapted into a documentary called “The Man Card.” “So what did they do? They relentlessly attacked his manhood. They suggested he was a failed protector, that he was ‘soft,’ that he wasn’t a ‘real man.’”
  • “I think the performance of masculinity means a lot,” he noted, “because it has the potential to eclipse all else.”
  • Girls receive a message that they “become” women — typically through a biological event like menstruation — while men are told throughout their lives to “be” men or to “man up,” as if masculinity is something that can be easily lost.“You don’t really say ‘be a woman’ the way you say ‘be a man’ or ‘man up,’” she said.Image
  • “Trump is the personification of this masculinity contest culture,” Ms. Cooper said. “It’s bad for organizations, it’s terrible for a country.”
  • Maybe women were always the intended audience for the contests. Whether that’s true, they seem to be ready to render a clear judgment. Mr. Biden is leading among women by as much as 20 points.
anonymous

Final Weekend Campaigning Reflects Both Traditional Barnstorming and 2020 Chaos - The N... - 0 views

  • The candidates visited two of the key “Blue Wall” states Mr. Trump won in 2016.
  • The last Saturday before Election Day offered traditional last-minute frantic campaigning in battleground states played against the backdrop of the extraordinary rancor, high stakes and sense of disruption reflecting a pandemic, an economic downturn and recurring protests and unrest at the close of Mr. Trump’s first term. The dueling schedules showed the intensity with which the two campaigns are approaching the final days of the election and illustrated differences once again in their basic approach to the worst public health crisis in a century. Mr. Biden talked about taking the coronavirus pandemic seriously, while Mr. Trump mocked his opponent for his focus on the virus and falsely accused him of favoring “deadly” lockdowns.
  • “You’re going to be waiting for weeks” as votes are counted, Mr. Trump declared in Newtown.
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  • At his next stop, in Reading, Mr. Trump derided a Supreme Court decision rejecting a request from Pennsylvania Republicans to decide whether the state could continue accepting ballots for three days after Nov. 3.
  • The question of how long ballots can be accepted in battleground states has been a dominant one as Nov. 3 approaches. So has the question of whether Mr. Trump will try to declare victory if he is leading in specific states on Election Day, regardless of whether they have been called in his favor.
  • In the past two weeks, Mr. Obama campaigned solo for Mr. Biden in Pennsylvania and Florida, but Saturday was the first time in the general election that he and Mr. Biden had campaigned together in person.
  • “I don’t care how hard Donald Trump tries,” Mr. Biden told the crowd. “There’s nothing — let me say it again — there’s nothing that he can do to stop the people of this nation from voting in overwhelming numbers and taking back this democracy.”
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  • The speech took place in front of the farmhouse where George Washington planned the crossing of the Delaware River. The small crowd sat close together, mostly unmasked.
  • Ending his day with a rally in Montoursville, Pa., Mr. Trump cackled about his supporters “taunting” Mr. Biden at his outdoor events by driving by and honking horns, and then cheered on his supporters who surrounded a Biden campaign bus in Texas.
  • “The last four years have been hell,” said Miriam Pizana, who came to the event with her daughter Kristen. “We never knew what the chief of staff or communications directors’ names were before, and now we know them all, and not for anything good.”
anonymous

As the U.S. Election Nears, the World Holds Its Breath - The New York Times - 0 views

  • President Trump turned American foreign policy inside out, to the benefit of some nations and consternation of others. Now both groups are watching attentively to see which direction the U.S. goes next.
  • srael’s right-wing government has been showered with political favors by the Trump White House and backed to the hilt, culminating in normalization deals with three Arab countries that made the Middle East suddenly feel a bit less hostile to the Jewish state.
  • Mr. Trump has dominated news cycles and frayed nerves in almost every corner of the earth like few leaders in history.
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  • We are vulnerable because we are dependent on U.S. political support,” said Alyona Getmanchuk, director of the New Europe Center in Kyiv.
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  • tate media and ordinary Chinese online have portrayed the presidential campaign as an embarrassing battle between two geriatrics, with one magazine, Caijing, asking, “Why does the American presidential debate look like a quarrel in a wet market?
  • “Is America one step away from civil war?” read a headline in Komsomolskaya Pravda, the country’s most popular tabloid.
  • But ordinary Britons have far fewer misgivings. Mr. Trump was so unpopular that his visits had to be planned to avoid huge protests, and polls show Mr. Biden favored by a lopsided margin.
  • And the South Korean president, Moon Jae-in, has vocally encouraged Mr. Trump’s diplomatic engagement with North Korea’s leader, Kim Jong-un, saying it stands a better chance of reaching a breakthrough than the more painstaking lower-level talks that Mr. Biden is likely to resume.
  • In the Middle East, where Mr. Trump’s foreign policy has had the biggest impact, a Democratic victory could leave the autocratic leaders of Egypt, Saudi Arabia and Turkey with few friends in Washington, said Hisham Melhem, a columnist for the Lebanese newspaper Annahar Al Arabi.
  • He added: “I don’t want my grandchildren to live in a world dominated by China or Russia.”
kaylynfreeman

How Three Election-Related Falsehoods Spread - The New York Times - 0 views

  • The data showed how a single rumor pushing a false narrative could rapidly gain traction on Facebook and Twitter, generating tens of thousands of shares and comments. That has made the misinformation particularly hard for elections officials to fight.
  • 1. False claims of ballot “harvesting”This misinformation features the unproven assertion that ballots are being “harvested,” or collected and dropped off in bulk by unauthorized people.
  • Representative Ilhan Omar, a Minnesota Democrat, was falsely accused last month of being engaged in or connected to systematic illegal ballot harvesting.
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  • 2. False claims of mail-in ballots being dumped or shreddedMail-in ballots and related materials being tossed was another popular falsehood that election officials said they were hearing.
    • kaylynfreeman
       
      i heard that as well
  • There were 3,959 public Facebook posts sharing this rumor, according to our analysis. Those posts generated 953,032 likes, comments and shares. Among those who shared the lie were two pro-Trump Facebook groups targeting Minnesota residents, as well as President Trump himself. At least 26,300 tweets also discussed the falsehood.
  • 3. False claims of planned violence at polling sites by Antifa and Black Lives Matter protesters
  • Election officials also said people were confronting them with false assertions that antifa, the loose collection of left-wing activists, and Black Lives Matter protesters were coordinating riots at polling places across the country.Image
  • He said in an email that his post was not a call for violence and that The New York Times should focus on “the key planners and financiers of all the rioting, arson, looting and murder” instead.
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