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The health professionals who treat these children agree that trauma is what has caused them to withdraw from the world. The children who are most vulnerable are those who have witnessed extreme violence - often against their parents - or whose families have fled a deeply insecure environment.

Resignation Syndrome was first reported in Sweden in the late 1990s. More than 400 cases were reported in the two years from 2003-2005.

It remains the case that children from particular geographical and ethnic groups are the most vulnerable: those from the former USSR, the Balkans, Roma children, and most recently the Yazidi.

Numerous conditions resembling Resignation Syndrome have been reported before - among Nazi concentration camp inmates, for example. In the UK, a similar condition - Pervasive Refusal Syndrome - was identified in children in the early 1990s, but there have been only a tiny handful of cases, and none of them among asylum seekers.

Islington’s project is just one of many innovations by cities around the world to provide heat to residents and businesses while reducing greenhouse gas emissions, improving efficiency and saving people money.

Stockholm is also using heat from sewage, as well as tapping data centers and other sources to supply heat for much of the city.

If you can start to use a whole array of waste heat streams, you’re taking out a big chunk of greenhouse gas emissions,

We don’t really need to burn gas at 1,000 degrees centigrade [1,832 degrees Fahrenheit] to get your bath to 30 degrees centigrade,” Dr. Gluyas added. “What we need to do is work with nature to optimize the use of heat.

The concept of district heating networks is not new and may, in fact, date from 14th-century France or even, some say, the Roman Empire

New York City has one of the world’s largest district systems to provide heat, cooling and, in some cases, even electricity to many buildings in Manhattan.

Though perhaps less wasteful than having a boiler in every single building, it is not the most efficient district heating system, as it was designed to heat a building on the coldest day of the year with all the windows open — partly a public health legacy of the 1918 pandemic.

But the innovation — which took more than five years to plan and build, and began operations in March 2020 — was to feed in heat from the Underground.

Typically, the hot air from the Underground is released into the air through stations and ventilation shafts. In this case, however, air is drawn from a ventilation shaft at an abandoned Underground station into an energy center where a series of heat transfers take place, eventually leading to delivery of the heat into the buildings in the network.

For our residents, locally, this is absolutely the right thing to do,” because it saves money in an area where many residents struggle to afford heat, Mr. Townsend said. “And this is a perfect solution for big cities across the world.

Heat from wastewater and sewage now provides about 70 percent of the space heating and hot water for the 43 buildings connected to the network, with the remaining 30 percent coming from natural gas, though the goal is to end that by 2030. The electricity powering the heat pumps is 97 percent zero-carbon, supplied by hydroelectric dams.

Every time we take a shower, do the dishes or do a load of laundry, the water is still hot when it goes down the drain,” said Ashley St. Clair, Vancouver’s senior renewable energy planner.“It’s flowing under our streets, and we’re already collecting it through the traditional infrastructure of wastewater pipes, and to be able to tap into that waste heat is really the ultimate circular economy.”

And it cannot come soon enough: This year alone, Vancouver has experienced several bouts of extreme weather, made more likely and intense because of climate change: heat domes, wildfires and catastrophic flooding, which recently cut the city off by road and rail from the rest of Canada. Having its own heat and hot water supply has been an additional benefit of the project, Ms. St. Clair said.

Stockholm, Mr. Rylander said, has particularly good connectivity to Northern Europe, Finland and Russia, which makes it attractive to data center companies, as does Sweden’s relatively clean power mix. However, they use biomass to produce a significant amount of heat and power, the renewable classification of which is debated by experts.

“If you establish a data center in a cold place like Sweden, it’s stupid to waste the heat, because heat has power and value in a cold country.”

“We’re very clear that we are an experiment, and we are doing the work that will enable others to benefit from it.”

In the Netherlands, the PVV surged to become the largest party among 18- to 34-year-olds, winning 17% of their vote against 7% previously. In Sweden’s 2022 ballot, 22% of the 18-21 cohort voted for the far-right Sweden Democrats, against 12% in 2018.

“I am not a racist because I voted for Wilders. It frustrates me that migrants receive more help from the government than Dutch people – but I’m not against Islam; I don’t want mosques closed. I just think we need to control immigration better.”

Koen, 19, a student in Amsterdam, echoed that view. “I still live with my parents – I can’t afford a room in Amsterdam,” he said. “I have to commute every day. Wilders wants to give housing to people who are from here – I don’t think that’s strange.”

Far-right parties are not the preferred option – or even second choice – for younger voters everywhere in Europe, analysts caution. The trend appears strongest in countries such as Austria, Germany, the Netherlands, Sweden and Denmark

In Spain, the ultra-conservative Vox party’s share of the under-35 vote soared from 22% in April 2019 to a record 34% that November, echoing its rollercoaster performance with the electorate as a whole. It fell back in July this year but still stands at 27%.

Issues such as housing, overcrowded classes and struggling hospitals were key to the youth vote, De Vries said. “Wilders may want ‘Dutch people first’ but he promises to fix these things,” she said. “The government parties imposed austerity.”

Zerka also identified economic insecurity as the most significant factor. “Young voters haven’t moved rightwards on migration, abortion, minority rights,” he said. “Far-right parties have convinced them that they offer a credible economic alternative.”

Other factors include some far-right parties “managing to position themselves as a ‘cool’ electoral option”, Zerka said. “They are increasingly offering younger voters equally young, often charismatic politicians – people who speak their language.”

Zerka also cites far-right parties’ social media skills: Spain’s Vox has a particularly slick operation, and Sławomir Mentzen, the 37-year-old leader of Poland’s ultra-liberal far-right Konfederacja (Confederation) party, has 800,000 followers on TikTok.

Jacob Davey, the head of policy and research at the Institute for Strategic Dialogue thinktank, identified the influence of a far- and ultra-right youth counterculture, typified by the far-right pan-European Generation Identity group, as an additional factor.

Even if “economic grievances, insecurities around housing, jobs, futures” may account for much of the youth vote, he said, “we’re seeing the growth to fruition of a concerted far- and extreme-right effort to reach and radicalise young people”.

finally, said De Vries, there was “simply, normalisation. For many of these young voters, far-right parties have been part of the political landscape their whole lives. They’ve grown up with them. There’s not the stigmatisation there once was.”

“My mother’s a nurse, and healthcare is not coping. Wilders campaigned on investing in healthcare and old people’s homes. When it comes to migration, people from a war country deserve a better life here but it shouldn’t be at the expense of Dutch people.”

The eerily humanlike chatbot, which went viral last year by generating its own answers to prompts, blindsided E.U. policymakers. The type of A.I. that powered ChatGPT was not mentioned in the draft law and was not a major focus of discussions about the policy. Lawmakers and their aides peppered one another with calls and texts to address the gap, as tech executives warned that overly aggressive regulations could put Europe at an economic disadvantage.

Even now, E.U. lawmakers are arguing over what to do, putting the law at risk. “We will always be lagging behind the speed of technology,” said Svenja Hahn, a member of the European Parliament who was involved in writing the A.I. law.

Lawmakers and regulators in Brussels, in Washington and elsewhere are losing a battle to regulate A.I. and are racing to catch up, as concerns grow that the powerful technology will automate away jobs, turbocharge the spread of disinformation and eventually develop its own kind of intelligence.

Nations have moved swiftly to tackle A.I.’s potential perils, but European officials have been caught off guard by the technology’s evolution, while U.S. lawmakers openly concede that they barely understand how it works.

The absence of rules has left a vacuum. Google, Meta, Microsoft and OpenAI, which makes ChatGPT, have been left to police themselves as they race to create and profit from advanced A.I. systems

At the root of the fragmented actions is a fundamental mismatch. A.I. systems are advancing so rapidly and unpredictably that lawmakers and regulators can’t keep pace

That gap has been compounded by an A.I. knowledge deficit in governments, labyrinthine bureaucracies and fears that too many rules may inadvertently limit the technology’s benefits.

Even in Europe, perhaps the world’s most aggressive tech regulator, A.I. has befuddled policymakers.

The European Union has plowed ahead with its new law, the A.I. Act, despite disputes over how to handle the makers of the latest A.I. systems.

A final agreement, expected as soon as Wednesday, could restrict certain risky uses of the technology and create transparency requirements about how the underlying systems work. But even if it passes, it is not expected to take effect for at least 18 months — a lifetime in A.I. development — and how it will be enforced is unclear.

The result has been a sprawl of responses. President Biden issued an executive order in October about A.I.’s national security effects as lawmakers debate what, if any, measures to pass. Japan is drafting nonbinding guidelines for the technology, while China has imposed restrictions on certain types of A.I. Britain has said existing laws are adequate for regulating the technology. Saudi Arabia and the United Arab Emirates are pouring government money into A.I. research.

Many companies, preferring nonbinding codes of conduct that provide latitude to speed up development, are lobbying to soften proposed regulations and pitting governments against one another.

“No one, not even the creators of these systems, know what they will be able to do,” said Matt Clifford, an adviser to Prime Minister Rishi Sunak of Britain, who presided over an A.I. Safety Summit last month with 28 countries. “The urgency comes from there being a real question of whether governments are equipped to deal with and mitigate the risks.”

Europe takes the lead

In mid-2018, 52 academics, computer scientists and lawyers met at the Crowne Plaza hotel in Brussels to discuss artificial intelligence. E.U. officials had selected them to provide advice about the technology, which was drawing attention for powering driverless cars and facial recognition systems.

as they discussed A.I.’s possible effects — including the threat of facial recognition technology to people’s privacy — they recognized “there were all these legal gaps, and what happens if people don’t follow those guidelines?”

In 2019, the group published a 52-page report with 33 recommendations, including more oversight of A.I. tools that could harm individuals and society.

By October, the governments of France, Germany and Italy, the three largest E.U. economies, had come out against strict regulation of general purpose A.I. models for fear of hindering their domestic tech start-ups. Others in the European Parliament said the law would be toothless without addressing the technology. Divisions over the use of facial recognition technology also persisted.

So when the A.I. Act was unveiled in 2021, it concentrated on “high risk” uses of the technology, including in law enforcement, school admissions and hiring. It largely avoided regulating the A.I. models that powered them unless listed as dangerous

“They sent me a draft, and I sent them back 20 pages of comments,” said Stuart Russell, a computer science professor at the University of California, Berkeley, who advised the European Commission. “Anything not on their list of high-risk applications would not count, and the list excluded ChatGPT and most A.I. systems.”

E.U. leaders were undeterred.“Europe may not have been the leader in the last wave of digitalization, but it has it all to lead the next one,” Ms. Vestager said when she introduced the policy at a news conference in Brussels.

Nineteen months later, ChatGPT arrived.

In 2020, European policymakers decided that the best approach was to focus on how A.I. was used and not the underlying technology. A.I. was not inherently good or bad, they said — it depended on how it was applied.

The Washington game

Lacking tech expertise, lawmakers are increasingly relying on Anthropic, Microsoft, OpenAI, Google and other A.I. makers to explain how it works and to help create rules.

“We’re not experts,” said Representative Ted Lieu, Democrat of California, who hosted Sam Altman, OpenAI’s chief executive, and more than 50 lawmakers at a dinner in Washington in May. “It’s important to be humble.”

Tech companies have seized their advantage. In the first half of the year, many of Microsoft’s and Google’s combined 169 lobbyists met with lawmakers and the White House to discuss A.I. legislation, according to lobbying disclosures. OpenAI registered its first three lobbyists and a tech lobbying group unveiled a $25 million campaign to promote A.I.’s benefits this year.

In that same period, Mr. Altman met with more than 100 members of Congress, including former Speaker Kevin McCarthy, Republican of California, and the Senate leader, Chuck Schumer, Democrat of New York. After testifying in Congress in May, Mr. Altman embarked on a 17-city global tour, meeting world leaders including President Emmanuel Macron of France, Mr. Sunak and Prime Minister Narendra Modi of India.

, the White House announced that the four companies had agreed to voluntary commitments on A.I. safety, including testing their systems through third-party overseers — which most of the companies were already doing.

“It was brilliant,” Mr. Smith said. “Instead of people in government coming up with ideas that might have been impractical, they said, ‘Show us what you think you can do and we’ll push you to do more.’”

In a statement, Ms. Raimondo said the federal government would keep working with companies so “America continues to lead the world in responsible A.I. innovation.”

Over the summer, the Federal Trade Commission opened an investigation into OpenAI and how it handles user data. Lawmakers continued welcoming tech executives.

In September, Mr. Schumer was the host of Elon Musk, Mark Zuckerberg of Meta, Sundar Pichai of Google, Satya Nadella of Microsoft and Mr. Altman at a closed-door meeting with lawmakers in Washington to discuss A.I. rules. Mr. Musk warned of A.I.’s “civilizational” risks, while Mr. Altman proclaimed that A.I. could solve global problems such as poverty.

A.I. companies are playing governments off one another. In Europe, industry groups have warned that regulations could put the European Union behind the United States. In Washington, tech companies have cautioned that China might pull ahead.

“China is way better at this stuff than you imagine,” Mr. Clark of Anthropic told members of Congress in January.

In May, Ms. Vestager, Ms. Raimondo and Antony J. Blinken, the U.S. secretary of state, met in Lulea, Sweden, to discuss cooperating on digital policy.

After two days of talks, Ms. Vestager announced that Europe and the United States would release a shared code of conduct for safeguarding A.I. “within weeks.” She messaged colleagues in Brussels asking them to share her social media post about the pact, which she called a “huge step in a race we can’t afford to lose.”

Months later, no shared code of conduct had appeared. The United States instead announced A.I. guidelines of its own.

Little progress has been made internationally on A.I. With countries mired in economic competition and geopolitical distrust, many are setting their own rules for the borderless technology.

Yet “weak regulation in another country will affect you,” said Rajeev Chandrasekhar, India’s technology minister, noting that a lack of rules around American social media companies led to a wave of global disinformation.

“Most of the countries impacted by those technologies were never at the table when policies were set,” he said. “A.I will be several factors more difficult to manage.”

Even among allies, the issue has been divisive. At the meeting in Sweden between E.U. and U.S. officials, Mr. Blinken criticized Europe for moving forward with A.I. regulations that could harm American companies, one attendee said. Thierry Breton, a European commissioner, shot back that the United States could not dictate European policy, the person said.

Some policymakers said they hoped for progress at an A.I. safety summit that Britain held last month at Bletchley Park, where the mathematician Alan Turing helped crack the Enigma code used by the Nazis. The gathering featured Vice President Kamala Harris; Wu Zhaohui, China’s vice minister of science and technology; Mr. Musk; and others.

The upshot was a 12-paragraph statement describing A.I.’s “transformative” potential and “catastrophic” risk of misuse. Attendees agreed to meet again next year.

The talks, in the end, produced a deal to keep talking.

Yet the most striking illustration of this convergence is the harmonious relationship between the European center right and Giorgia Meloni, the leader of the post-fascist Brothers of Italy, who became prime minister of Italy last year. As soon as she indicated that she would not disrupt the bloc’s economic policy and would be supportive of Ukraine, the European People’s Party was willing to work with her — and its leader, Manfred Weber, even sought to form an alliance with her. The center right, it turns out, doesn’t have a problem with the far right. It just has a problem with those who defy E.U. institutions and positions.

Such thinking is behind the hardening of migration policy. But it is also influencing Europe in a deeper way: The union has increasingly come to see itself as defending an imperiled European civilization, particularly in its foreign policy. During the past decade, as the bloc has seen itself as surrounded by threats, not least from Russia, there have been endless debates about “strategic autonomy,” “European sovereignty” and a “geopolitical Europe.”

figures like President Emmanuel Macron of France have also begun to frame international politics as a clash of civilizations, in which a strong, united Europe must defend itself.

Supporters of the bloc tend to see European unity as an end in itself — or to assume that a more powerful European Union, long idealized as a civilizing force in international politics, would automatically benefit the whole world

as the union unites around defending a threatened European civilization and rejecting nonwhite immigration, we need to think again about whether it truly is a force for good.

The COVID vaccines are, without exaggeration, among the safest and most effective therapies in all of modern medicine. An unvaccinated adult is an astonishing 68 times more likely to die from COVID than a boosted one

Yet widespread vaccine hesitancy in the United States has caused more than 163,000 preventable deaths and counting

Even in absolute numbers, America’s unvaccinated and current-smoker populations seem to match up rather well: Right now, the CDC pegs them at 13 percent and 14 percent of all U.S. adults, respectively, and both groups are likely to be poorer and less educated.

Countries such as Denmark and Sweden have already declared themselves broken up with COVID. They are confidently doing so not because the virus is no longer circulating or because they’ve achieved mythical herd immunity from natural infection; they’ve simply inoculated enough people.

data suggest that most of the unvaccinated hold that status voluntarily at this point

The same arguments apply to tobacco: Smokers are 15 to 30 times more likely to develop lung cancer. Quitting the habit is akin to receiving a staggeringly powerful medicine, one that wipes out most of this excess risk.

If everyone who is eligible were triply vaccinated, our health-care system would be functioning normally again.

With a vaccination timeline that stretches over years, our patience for restrictions, especially on the already vaccinated, will be very limited. But there is middle ground. We haven’t banned tobacco outright—in fact, most states protect smokers from job discrimination—but we have embarked on a permanent, society-wide campaign of disincentivizing its use.

We should neither expect that every stubbornly unvaccinated person will get jabbed before next winter nor despair that none of them will ever change their mind. Let’s accept instead that we may make headway slowly, and with considerable effort

Long-term actions for COVID might include charging the unvaccinated a premium on their health insurance, just as we do for smokers, or distributing frightening health warnings about the perils of remaining uninoculated

And once the political furor dies down, COVID shots will probably be added to the lists of required vaccinations for many more schools and workplaces.

nother aspect of where we’re headed with COVID. Tobacco is lethal enough that we are willing to restrict smokers’ personal freedoms—but only to a degree. As deadly as COVID is, some people won’t get vaccinated, no matter what, and both the vaccinated and unvaccinated will spread disease to others.

anti-COVID actions, much like anti-smoking policies, will be limited not by their effectiveness but by the degree to which they are politically palatable.

Without greater vaccination, living with COVID could mean enduring a yearly death toll that is an order of magnitude higher than the one from flu.

this, too, might come to feel like its own sort of ending. Endemic tobacco use causes hundreds of thousands of casualties, year after year after year, while fierce public-health efforts to reduce its toll continue in the background. Yet tobacco doesn’t really feel like a catastrophe for the average person.

Losing a year or two from average life expectancy only bumps us back to where we were in … 2000.

We still care for smokers when they get sick, of course, and we reduce harm whenever possible. The health-care system makes $225 billion every year for doing so—paid out of all of our tax dollars and insurance premiums

Hospitals have a well-honed talent for transforming any terrible situation into a marketable “center of excellence.”

But we shouldn’t forget the most important reason that the coronavirus isn’t like the flu: We’ve never had vaccines this effective in the midst of prior influenza outbreaks, which means we didn’t have a simple, clear approach to saving quite so many lives. Compassionate conversations, community outreach, insurance surcharges, even mandates—I’ll take them all. Now is not the time to quit.

grants membership only by unanimous consent.

Mr. Putin is trying to distract from more urgent matters.

Mr. Biden successfully urged NATO to accept Poland, Hungary and the Czech Republic as member states in the late 1990s. The top Democrat on the Senate Foreign Relations Committee at the time, Mr. Biden said that turning the former Cold War adversaries into allies would mark the “beginning of another 50 years of peace” for Europe.

we support Ukraine membership in NATO.

Officials in European nations with stronger liberal governance — notably in Sweden and Finland — have also floated the possibility of joining NATO

After annexing Crimea, Mr. Putin invaded eastern Ukraine and gave military aid to a separatist insurgency there. He did something similar in Georgia in 2008.

Mr. Biden blew past those comments without responding.

The rate of firearm homicides was 20 times higher in the United States than in the other countries, according to the report, which cited a 2011 study of 23 countries. And though suicide rates were lower in the United States, firearm suicide rates were six times higher.

Panelists were surprised at just how consistently Americans ended up at the bottom of the rankings. The United States had the second-highest death rate from the most common form of heart disease, the kind that causes heart attacks, and the second-highest death rate from lung disease, a legacy of high smoking rates in past decades. American adults also have the highest diabetes rates.

Youths fared no better. The United States has the highest infant mortality rate among these countries, and its young people have the highest rates of sexually transmitted diseases, teen pregnancy and deaths from car crashes. Americans lose more years of life before age 50 to alcohol and drug abuse than people in any of the other countries.

The United States is a bigger, more heterogeneous society with greater levels of economic inequality, and comparing its health outcomes to those in countries like Sweden or France may seem lopsided. B

the U.S. ranked near and at the bottom in almost every heath indicator. That stunned us.”

The panel sought to explain the poor performance. It noted the United States has a highly fragmented health care system, with limited primary care resources and a large uninsured population. It has the highest rates of poverty among the countries studied.

In the other countries, more generous social safety nets buffer families from the health consequences of poverty, the report said.

Could cultural factors like individualism and dislike of government interference play a role? Americans are less likely to wear seat belts and more likely to ride motorcycles without helmets.  

Americans also had the lowest probability over all of surviving to the age of 50. The report’s second chapter details health indicators for youths where the United States ranks near or at the bottom. There are so many that the list takes up four pages.

the panelists point out that this country spends more on health care than any other in the survey. And as recently as the 1950s, Americans scored better in life expectancy and disease than many of the other countries in the current study.

Atheists haven’t concerned themselves with the source of morality? How about atheists like Peter Singer, Steve Pinker, Sam Harris, Anthony Grayling, and many others?

As for “strong societies being moral societies,” with “morality” coming from religion, that’s nonsense. Medieval Europe, rife with strong, religious, and barbarous societies, is just one example.

, barbarism, and perfidy: Sweden Denmark Norway Japan Finland France Germany South Korea

As for the innocuousness of “nonfundamentalist” religion—note that Sacks carefully avoids defining “fundamentalist religion” or identifying any examples—has he heard of Catholicism?

Here is a partial list of countries that have a very high percentage of nonbelievers. This is all it takes to rebut Sack’s claim that if one loses Judeo-Christian sanctity of life (note that he doesn’t mention Islam) we will descend into evi

the world, while becoming less religious, is becoming more moral.

On the Croatia-Slovenia border, 500 people spent the night in the open at Trnovec. A further 1,800-2,000 slept on a train held on the Croatian side of the border. Officials told them they could stay temporarily in Croatia or try to make their own way into Slovenia.

Authorities and aid agencies seemed completely unprepared. There were no tents or shelter of any kind for the migrants - who included a large number of young children and babies.

"The Republic of Croatia is not listening to any of our requests," he said. "This is totally unacceptable. We cannot by ourselves prevent the arrival of migrants."Croatia's Interior Minister Ranko Ostojic rejected the accusation and said the Slovenes kept changing the numbers of migrants they were willing to take in.

The International Migration Organization said on Monday that arrivals to Greece from Turkey were continuing at a rate of about 5,000 a day.

More than 600,000 people, most of them Syrians, have reached Europe so far this year compared with just over 200,000 for the whole of 2014Germany has said it expects 800,000 asylum seekers this year, but it is believed the number could be as high as 1.5 million.

Historically, boom times are the exception, not the norm.

Over the past two centuries, per capita incomes in all advanced economies, from Sweden to Japan, have grown at compound rates of around 1.5% to 2% a year

these distinctly non-euphoric averages mean that most of the time, over the long sweep of history, people’s incomes typically take about 40 years to double.

looking from one year to the next, the improvements in living standards that come from higher incomes are glacial. The data may show that life is getting better, but average families feel no reason to break out the champagne.

that is no longer good enough. Americans expect the economy to be buoyant, not boring. Yet this expectation is shaped not by prosaic economic realities but by a most unusual period in history: the quarter-century that began in the ashes of World War II, when the world economy performed better than at any time before or since.

The Golden Age was the first sustained period of economic growth in most countries since the 1920s. But it was built on far more than just pent-up demand and the stimulus of the postwar baby boom. Unprecedented productivity growth around the world made the Golden Age possible. In the 25 years that ended in 1973, the amount produced in an hour of work roughly doubled in the U.S. and Canada, tripled in Europe and quintupled in Japan.

Many factors played a role in this achievement.

The workforce everywhere became vastly more educated.

As millions of laborers shifted from tending sheep and hoeing potatoes to working in factories and construction sites, they could create far more economic value.

New motorways boosted productivity in the transportation sector by letting truck drivers cover longer distances with larger vehicles. Faster ground transportation made it practical, in turn, for farms and factories to expand to sell not just locally but regionally or nationally, abandoning craft methods in favor of machinery that could produce more goods at lower cost.

Six rounds of tariff reductions brought a massive increase in cross-border trade, putting even stronger competitive pressure on manufacturers to become more efficient.

Above all, technological innovation helped to create new products and offered better ways for workers to do their jobs.

The 1973 oil crisis meant more than just gasoline lines and lowered thermostats. It shocked the world economy.

But it wasn’t the price of gasoline that brought the long run of global prosperity to an end. It just diverted attention from a more fundamental problem: Productivity growth had slowed sharply.

The consequences of the productivity bust were severe. Full employment vanished. It would be 24 years before the U.S. unemployment rate would again reach the low levels of late 1973

and the infinitesimal unemployment rates in France, Germany and Japan would never be reached again. Through the rest of the 20th century, the jobless rate in 28 wealthy economies would average nearly 7%.

the world’s overall economic growth rate dropped from 4.9% a year from 1951 through 1973 to an average of just 3.1% for the balance of the century.

With economic planners and central bankers unable to steady their economies, voters turned sharply to the right

Conservative politicians such as Margaret Thatcher in the U.K., Ronald Reagan in the U.S. and Helmut Kohl in West Germany swept into power, promising that freer markets and smaller government would reverse the decline, spur productivity and restore rapid growth.

But these leaders’ policies—deregulation, privatization, lower tax rates, balanced budgets and rigid rules for monetary policy—proved no more successful at boosting productivity than the statist policies that had preceded them

Some insist that the conservative revolution stimulated an economic renaissance, but the facts say otherwise: Great Britain’s productivity grew far more slowly under Thatcher’s rule than during the miserable 1970s, and Reagan’s supply-side tax cuts brought no productivity improvement at all.

It is tempting to think that we know how to do better, that there is some secret sauce that governments can ladle out to make economies grow faster than the norm. But despite glib talk about “pro-growth” economic policies, productivity growth is something over which governments have very little control

The answer is that an economy is not like an indebted family. Our debt is mostly money we owe to each other; even more important, our income mostly comes from selling things to each other. Your spending is my income, and my spending is your income.

So what happens if everyone simultaneously slashes spending in an attempt to pay down debt? The answer is that everyone’s income falls — my income falls because you’re spending less, and your income falls because I’m spending less. And, as our incomes plunge, our debt problem gets worse, not better.

The great American economist Irving Fisher explained it all the way back in 1933, summarizing what he called “debt deflation” with the pithy slogan “the more the debtors pay, the more they owe.

there’s a clear moral to this story: When the private sector is frantically trying to pay down debt, the public sector should do the opposite, spending when the private sector can’t or won’t. By all means, let’s balance our budget once the economy has recovered — but not now. The boom, not the slump, is the right time for austerity.

when you push “austerians” on the badness of their metaphor, they almost always retreat to assertions along the lines of: “But it’s essential that we shrink the size of the state.”

these assertions often go along with claims that the economic crisis itself demonstrates the need to shrink government. But that’s manifestly not true. Look at the countries in Europe that have weathered the storm best, and near the top of the list you’ll find big-government nations like Sweden and Austria.

So the austerity drive in Britain isn’t really about debt and deficits at all; it’s about using deficit panic as an excuse to dismantle social programs. And this is, of course, exactly the same thing that has been happening in America.

The big question here is whether the evident failure of austerity to produce an economic recovery will lead to a “Plan B.” Maybe. But my guess is that even if such a plan is announced, it won’t amount to much. For economic recovery was never the point; the drive for austerity was about using the crisis, not solving it. And it still is.

What’s more, America is one of only three industrialized countries to spend the majority of its health and social services budget on health care itself. For every dollar we spend on health care, we spend an additional 90 cents on social services. In our peer countries, for every dollar spent on health care, an additional $2 is spent on social services. So not only are we spending less, we’re allocating our resources disproportionately on health care.

Our study found that countries with high health care spending relative to social spending had lower life expectancy and higher infant mortality than countries that favored social spending.

It’s time to think more broadly about where to find leverage for achieving a healthier society. One way would be to invest more heavily in social services

Greece will exit the euro not by choice but by necessity. It will do so not because the drachma (its old currency) is superior to the euro, but because the drachma is superior to barter

How the Spanish banking situation is handled will determine the future of the euro and possibly of the larger European Union. Will Germany's taxpayers and those of other solvent countries be willing to fund an even larger bailout of Spanish banks to save impecunious Spaniards? Will the citizens of EU countries outside the euro zone, such as Sweden and the U.K., be asked to chip in? Or will Spain be allowed to descend into a catastrophic 1930s-style banking crisis and Great Depression?