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Boris Johnson and Matt Hancock in self-isolation with coronavirus | World news | The Gu... - 0 views

www.theguardian.com/...tests-positive-for-coronavirus COVID-19
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  • Boris Johnson and health secretary Matt Hancock have both tested positive for coronavirus and will have to work leading the government’s efforts to tackle the pandemic in isolation.
  • Johnson posted a video on Friday morning on Twitter saying he had a temperature and a persistent cough. “I am working from home, I’m self-isolating, and that’s entirely the right thing to do,” he said.
  • The World Health Organization has said there is no evidence that pregnant women are at higher risk of severe illness than the general population if they contract Covid-19.
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  • “Fortunately for me the symptoms so far have been very mild so I’ve been able to carry on with the work driving forward the UK response,” he said. “I’ll be continuing to do everything I can to get our carers the support that they need. And I’ll be doing that from here but with no less gusto.”
  • A Downing Street spokeswoman said: “After experiencing mild symptoms yesterday, the prime minister was tested for coronavirus on the personal advice of England’s chief medical officer, Prof Chris Whitty. The test was carried out in No 10 by NHS staff and the result of the test was positive.
  • Earlier in the week it was announced that the Prince of Wales had “mild symptoms” of the disease. The Labour MP Angela Rayner, the favourite to become the party’s deputy leader, announced on Twitter that she was self-isolating after displaying symptoms.
  • Ian Blackford, the Scottish National party’s leader in the House of Commons, said the news showed no one was immune.
  • Johnson posted a video on Friday morning on Twitter saying he had a temperature and a persistent cough. “I am working from home, I’m self-isolating, and that’s entirely the right thing to do,” he said.
  • After the prime minister, who is 55, said he had mild symptoms and would self-isolate in Downing Street, Hancock posted a Twitter video saying that he too had mild symptoms and he would be able to continue.
  • Boris Johnson and health secretary Matt Hancock have both tested positive for coronavirus and will have to work leading the government’s efforts to tackle the pandemic in isolation.
  • “Fortunately for me the symptoms so far have been very mild so I’ve been able to carry on with the work driving forward the UK response,” he said. “I’ll be continuing to do everything I can to get our carers the support that they need. And I’ll be doing that from here but with no less gusto.”
  • The World Health Organization has said there is no evidence that pregnant women are at higher risk of severe illness than the general population if they contract Covid-19.
  • Earlier in the week it was announced that the Prince of Wales had “mild symptoms” of the disease. The Labour MP Angela Rayner, the favourite to become the party’s deputy leader, announced on Twitter that she was self-isolating after displaying symptoms.
  • journalism that is rooted in empirical data and science matters. It may even save lives. This administration has cleared out science and scientists across all departments. Donald Trump's daily coronavirus press briefings have become political rallies. He frequently spreads, at best, misinformation and, at worst, lies.
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What World War II can teach us about fighting coronavirus (opinion) - CNN - 0 views

www.cnn.com/...index.html COVID-19 us history
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  • Eighty years ago, as Americans came together to defeat the fascism that threatened civilization, American factories poured out the weapons needed to crush Germany and the other Axis Powers.
  • Today America can do it again and create the arsenal that defeats this latest threat to civilization: the coronavirus. From ventilators and N95 masks, to anti-viral drugs and ICU equipment and hospital beds, American companies are being mobilized in the face of the most serious public health crisis in more than a century. But these companies will only be successful if we learn the right lessons from the industrial mobilization that won the world's biggest war.
  • Have a clear objective and a realistic timeline When war mobilization began in 1940-41, no one said the goal was to defeat fascism — and no one was able to mass produce tanks or bombers from a standing start. From the beginning, Washington set a more purposeful goal of building a modern, well-equipped military in case war came.
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  • Today, our window of opportunity is much shorter — perhaps as little as 30 to 60 days. In order to mass produce testing kits, antiviral drugs, ventilators, masks and hospital beds in that time frame, the administration will need to set production goals that are both within reach, but also meet our most immediate objective: halting the deadly spread of COVID-19 before it overwhelms our health care system.
  • Seek out the best, brightest and most productive During World War II, the federal government offered contracts to America's most productive companies like automakers GM and Ford and electrical companies like GE and Westinghouse to mass produce the engines, planes, tanks, torpedoes and weapons needed to arm America — even though they had never made them before. But Washington also incentivized companies that were already producing planes, like Boeing and Lockheed, to move into a higher gear by steadily increasing government orders while assuming the costs associated with higher production.
  • Getting Ford, GE and GM to produce ventilators is a great first step. But don't neglect companies like Medtronic, Johnson & Johnson and Becton Dickinson that already make the US a world-class leader in medical devices.
  • Find the right leadership
  • Have an exit strategy
  • Stay unified and unitedAs a master architect of the Arsenal of Democracy, Knudsen smartly put it: "We can do anything if we do it together." The same is true of defeating coronavirus: If we hit the right balance between what business can and must do, and what the federal government shouldn't and can't, we can do anything.
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Fact check: Trump makes another round of misstatements during coronavirus briefing - CN... - 0 views

www.cnn.com/...index.html COVID-19 us trump
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  • President Donald Trump on Friday continued the false and misleading claims that have become a part of White House briefings on coronavirus, wrapping up a week in which the number of confirmed cases across the country topped 100,000.
  • Trump claimed that 22 days ago, "everything was going beautifully" before the US got hit by what he calls "the invisible enemy."
  • While the market had previously set all-time records under Trump, on March 5, 22 days before Trump's comments, the Dow dropped 3.6% or 970 points, then its fifth-worst single-day point drop on record, adding to a 3,000-point drop since its peak on February 12.
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  • Multiple times throughout Friday's press briefing, the President claimed the current situation was unprecedented and unforeseen. According to Trump, "nobody was prepared for this," not even past presidents. He added, "In all fairness to all of the former presidents, none of them ever thought a thing like this could happen."
  • This is false. The US intelligence community and public health experts had warned for years that the country was at risk from a pandemic. Experts had also warned that the country would face shortages of critical medical equipment, such as ventilators, if a pandemic occurred.
  • Trump said of the coronavirus: "You can call it a germ, you can call it a flu, you can call it a virus, you know you can call it many different names. I'm not sure anybody even knows what it is."
  • You cannot accurately call the coronavirus "a flu." They are, simply, different viruses with different characteristics, though they share some symptoms the coronavirus has a much higher mortality rate.
  • it's significantly more serious" -- with a mortality rate approximately 10 times higher than the 0.1% for the flu. It's also obviously untrue that there is not "anybody" who knows what the coronavirus is.
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Cuomo warns coronavirus infection rates are rising faster than expected | US news | The... - 0 views

www.theguardian.com/...s-cases-andrew-cuomo-hospitals politics us trump COVID-19 crisis economics
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  • New York’s governor, Andrew Cuomo, has issued his most dire statement yet about the coronavirus pandemic, warning that coronavirus infection rates are rising much faster than expected and the state’s hospitals are woefully unequipped for the deluge.
  • “The inescapable conclusion is that the rate of infection is going up,” Cuomo said at a press conference on Tuesday morning. “It is spiking. The apex is higher than we thought, and the apex is sooner than we thought. That is a bad combination of facts.”
  • In New York state, 25,665 cases of coronavirus were confirmed as of Tuesday morning, with 210 deaths – far higher numbers than elsewhere in the US – as 14,776 cases and 131 fatalities were concentrated in New York City alone.
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  • New York is conducting more testing per capita than countries such as South Korea, which may partially explain the spike in numbers.
  • “We need to be smarter about this … we need the federal help and we need it now,” he said, calling on Donald Trump to utilise the Defense Production Act (DPA) to force companies to produce medical equipment and provide them the necessary financial support to do so. So far, the administration has relied on volunteer efforts that Cuomo said were not appropriate for the urgency of crisis.
  • “What happens to New York is gonna wind up happening to California, and Washington state and Illinois. It’s just a matter of time. We’re just getting there first,” Cuomo said. “Look at us today … where we are today, you will be in four weeks or five weeks or six weeks. We are your future.”
  • Speaking later in the day, the vice-president, Mike Pence, said the Federal Emergency Management Agency (Fema) had sent New York 2,000 ventilators and plans to send 2,000 more on Wednesday.
  • He also rejected the suggestion, floated by the president in recent days, that advice from public health officials could be rowed back in a matter of weeks to protect the US economy, saying that sensible steps in both areas could be made now without increasing risk to more vulnerable people in society.
  • uomo’s urgent message comes as a spokesperson for the World Health Organization (WHO) warned the US has the potential to become the next global hotspot for the pandemic. The country already has more than 46,000 confirmed Covid-19 cases, resulting in close to 600 deaths, according to Johns Hopkins University School of Medicine.
  • With cases surging, Cuomo said new projections estimate his state will need 140,000 hospital beds once the crisis reaches its apex, which could happen within 14 to 21 days instead of in May as previously forecast.
  • The outbreak has led to a dramatic change in America’s social fabric: as of Monday, the New York Times estimated that more than 158 million people in 16 states would soon be under strict orders to stay at home – approaching half of the population.
  • The shift in messaging came after James Bullard, president of the Federal Reserve Bank of St Louis, predicted unemployment could reach 30% nationwide, according to Bloomberg News, and as negotiations for a coronavirus stimulus package dragged on for days in the US Senate. For weeks, suddenly jobless workers have been imploring the government for help, and Trump is staring down what could become a historic recession during an election year.
  • Even still, medical experts have cautioned against such an abrupt restart to the economy while the virus continues to spread exponentially. “You can’t call off the best weapon we have, which is social isolation, even out of economic desperation, unless you’re willing to be responsible for a mountain of deaths,” Arthur Caplan, founding head of the division of medical ethics at NYU School of Medicine, told the New York Times. “Can’t we try to put people’s lives first for at least a month?”
  • “If you ask the American people to choose between public health and the economy, then it’s no contest,” Cuomo said. “No American is going to say, accelerate the economy at the cost of human life, because no American is going to say how much a life is worth.”
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Germany's coronavirus death rate is lower than Italy, China, Spain, France - The Washin... - 0 views

www.washingtonpost.com/...a-a156-0048b62cdb51_story.html germany pandemic response italy korea
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  • In Italy, 9.5 percent of the people who have tested positive for the virus have succumbed to covid-19, according to data compiled at Johns Hopkins University. In France, the rate is 4.3 percent. But in Germany, it’s 0.4 percent.
  • The biggest reason for the difference, infectious disease experts say, is Germany’s work in the early days of its outbreak to track, test and contain infection clusters. That means Germany has a truer picture of the size of its outbreak than places that test only the obviously symptomatic, most seriously ill or highest-risk patients.
  • Germany, with 31,150 cases at midday Tuesday, appeared to have a larger outbreak than France, with 20,149. But the higher death rate in France implies there were more undiagnosed cases there. France’s outbreak could be larger than Germany’s.
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  • “At the beginning, when we had relatively few cases, when it came to finding them and isolating them, we did quite well in Germany,”
  • Initially, at least, the country’s health authorities tracked infection clusters meticulously. When an individual tested positive, they used contact tracing to find other people with whom they had been in touch and then tested and quarantined them, which broke infection chains
  • Germany’s high diagnostic capacity had “secured us an extreme lead . . . in the detection of the epidemic.”
  • But he cautioned against complacency, and said the death rate would increase: “We are no exception.”
  • As community spread became prevalent, infection chains in some cases became impossible to trace. Some doctors said they had no choice but to send people seeking tests back home to call jammed coronavirus hotlines because they lacked protective equipment to conduct them safely.
  • With cases growing exponentially, health authorities have moved on to ordering social distancing and banning mass events. Federal states have restricted gatherings outside the home to a maximum of two people.
  • outh Korea, which has been praised as a model for responding to the outbreak, has a death rate of 1.2 percent.
  • “In South Korea, there’s been a longer duration of infections, so we can’t really compare,” he said. “We have lots of newly positive cases. They didn’t have the chance to die yet.”
  • Busse said Germany is more comparable to Norway. The Scandinavian country is at a similar point in its outbreak, it’s also worked to test and contain cases, and it also has a death rate of 0.4 percent.
  • a period of exponential growth might be slowing, but cautioned that it was too early to say, given fluctuations in data. He said the picture should be clearer by Wednesday.
  • many initial cases had clear links to overseas travel.
  • the German outbreak started with large numbers of young people — “people who came back from holidays.”
  • Lauterbach said he expected Germany’s death rate to rise as more vulnerable segments of society are infected.
  • Because testing is not universal, and many people with the coronavirus might never be diagnosed, a true death rate is impossible to ascertain. But experts say the rate is likely to be significantly higher in countries such as Spain and Italy, where care is collapsing.
  • With more intensive care beds and ventilators than most other European nations and early measures to prevent the spread of the virus, Lauterbach said, he didn’t see Germany turning into Italy or Spain. Still, he has been advocating for wider restrictions.
  • “I think with all things considered, Germany will do reasonably well in this first round of a long fight,”
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The coronavirus may be killing more men than women. The US should take note - CNN - 0 views

www.cnn.com/...index.html COVID-19 us crisis
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  • Smoking, drinking, general poor health: Researchers say these are some of the factors that could explain why more men seem to be dying from coronavirus than women.In countries such as Italy, men represent nearly 60% of people who tested positive for the virus and more than 70% of those who have died, according to the country's National Health Institute (ISS). Even in countries like South Korea, where the proportion of women who have tested positive for the virus is higher than that of men, about 54% of the reported deaths are among men.
  • But while health officials are starting to take note of these staggering numbers, the United States is not releasing the basic nationwide data that is crucial to understanding who is most vulnerable to the virus, according to a CNN analysis.
  • But across the countries for which we have data - spanning nearly a quarter of the world's population - we found that men were 50% more likely than women to die after being diagnosed with Covid-19.
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  • Comprehensive data about those who have gotten sick could help inform more effective responses to the crisis. But public health researchers say that when governments such as the United States either don't collect, or don't publish their data, it's impossible for experts to gain an accurate sense of what's going on.
  • "I am fairly sure that down to the smallest districts across the US, people have the data. What we've not seeing happening it seems is a collation, a collection of that data at state and national level with the speed which one might hope to see from the perspective of global health research."
  • "If I was designing clinical guidelines, I would very much want to understand why some people seem to have a much higher risk of mortality than others. It might for example lead to a difference in the way in which we administer clinical guidelines amongst people who have pre-existing health conditions that lead to risk of death along with those with chronic lung disease, who are more likely to be men."Hawkes also noted that reporting sex-disaggregated data on epidemics has been requested by the World Health Organization since 2007, but many countries fail to do so.
  • While necessarily partial and incomplete, the results highlight what public health experts have been warning for some time, theorizing that it is not only biology but also gendered behaviors -- the different ways in which men and women conduct their lives -- which may play a significant role in the different mortality rate for respiratory diseases.
  • From an evolutionary perspective, some research suggests that women have a stronger immune response against viral infections than men because they spend part of their lives with a foreign body inside -- their offspring -- thus granting them a survival advantage."It might have to do with hormonal changes," Ostrosky-Zeichner said. "There is actual research in animals that has shown there may be a biological basis for the sort of increasing susceptibility in the male gender and not only that but also an increased severity and response to the virus."
  • Initial reports of people with severe Covid-19 disease have found that they were likely to have underlying health conditions such as hypertension, cardiovascular disease and chronic lung disease, according to Global Health 50/50. These conditions tend to be more common among men in the six countries analyzed as well as globally, the institute said, possibly because of riskier lifestyle choices.
  • China has the largest smoking population in the world, with around 316 million adult smokers. But while over 50% of Chinese men smoke, less than 3% of women do, according to the Chinese Center for Disease Control and Prevention. In Italy, 7 million men smoke as opposed to the 4.5 million women, according to 2020 data released by the National Health Institute (ISS)The institute reported that, upon admission to hospital, "a third more Covid-19-positive smokers had a more serious clinical situation than non-smokers."
  • But the lack of data on how many men died of novel coronavirus as opposed to women, Global Health 50/50 researchers say, feels like a missed opportunity for governments to implement public health policies that target certain groups of people who are significantly more vulnerable than the rest of the population.
  • "What Covid-19 reveals is a classic case of failing to use data for decision making. For every patient there is a record of their sex. But that data is not collated and analyzed with a gender lens," Dr. Kent Buse, co-founder of GH5050 and chief of strategic policy directions at UNAIDS told CNN.
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Coronavirus in America: why the US has struggled to tackle a growing crisis | US news |... - 0 views

www.theguardian.com/...us-america-donald-trump-crisis politics us trump crisis COVID-19 economics
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  • Exactly a month after Donald Trump tweeted that the US had the coronavirus outbreak “very much under control”, the World Health Organization delivered a stark and jarring reality check: America faces being the centre of a pandemic that has paralysed much of the world.
  • Coronavirus has raced across the American continent with the aid of a chronic lack of preparation, deep-rooted dysfunction in the US healthcare system, and a president who has repeatedly dismissed the crisis and is now looking to scale back containment efforts in favour of restarting economic activity.
  • More than 46,000 people in the US have been diagnosed with Covid-19 and nearly 600 have died.
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  • The sharp acceleration in cases – just two weeks ago the official number was less than 2,000 – has led to the WHO warning that the US is overtaking countries such as Italy as the global hotspot for the virus.
  • early one in 10 Americans have no health insurance, while a widespread lack of sick pay across the country has forced many ill people into work despite the risk of spreading the virus.
  • the US response has been hobbled by the administration’s rejection of standard WHO testing kits, instead opting to develop its own, which turned out to be faulty.
  • The true scale of infection in the US is almost certainly far worse, with a severe lack of testing having stymied efforts to contain Covid-19 once it emerged near Seattle
  • Muddled messaging from the White House, where Trump has often contradicted the sombre warnings of his top infectious disease expert, Dr Anthony Fauci, has done little to Americans stop congregating on beaches or in shopping malls.
  • Authorities in New York are scouring the world for the ventilators, masks and gowns needed for an unfolding public health emergency that is expected to peak in the next three weeks.
  • The apex of this pandemic is higher and sooner than we thought,” said Andrew Cuomo, the New York governor who has garnered praise for his handling of the crisis. “I will turn this state upside down to get the hospital beds we need.”
  • Cuomo also condemned Fema and the Trump administration again, saying: “You want a pat on the back for sending 400 ventilators? What are we going to do with 400 ventilators when we need 30,000 ventilators? You’re missing the magnitude of the problem, and the problem is defined by the magnitude.”
  • The number of cases was higher in New York, he said, “because it started here first because we have global travelers coming here first. Because we have more density than other places. You will see this in suburban communities across the country. We are just a test case. We are just a test case. And that’s how the nation should look at it. Where we are today, you will be in three weeks or five weeks or six weeks.”
  • Trump has signaled that he is prepared to wind down restrictions at the end of a 15-day window in an attempt to bolster the economy and a sagging stock market.
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African Americans bear the brunt of Covid-19's economic impact | US news | The Guardian - 0 views

www.theguardian.com/...yment-covid-19-economic-impact inernational pandemic coronavirus crisis economics
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  • African Americans bear the brunt of Covid-19's economic impact
  • Donald Trump once again praised his job creation record. “Black people right now are having the best, statistically, the best numbers that you’ve ever had, and it’s really an honor,” he said. “Nobody has done more for black people than I have. Nobody has done more.”
  • That was 27 February and Trump was also still claiming he had done an “incredible job” with the looming coronavirus pandemic. Now the virus has led 26 million Americans to file for unemployment. While the US Bureau of Labor Statistics will not release unemployment figures broken down by race until the beginning of next month, economists are certain that black Americans are suffering the brunt of Covid-19’s economic impact and will probably suffer the most dramatic consequences of the looming recession.
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  • 3.5%, a 50-year-low, the black unemployment rate was 5.8%. The white unemployment rate was 3.1%.
  • “Whatever is being projected for the national unemployment rate, in most instances, we expect to see something close to twice that for black Americans.”
  • The reason why African Americans bear the brunt of downturns more is that when firing decisions start to occur the least educated and those with the least experience tend to be let go first. There is also continued discrimination in the workplace,” Rodgers said.
  • last hired, first fired” phenomenon dramatically affects black Americans more than any other group in the US due to the country’s history of racism and segregation of black Americans in the work sector.
  • Working in these fields leads to lower wages – black Americans have the lowest median wage of any racial group in the US – and the jobs are often seen as the most expendable during an economic downturn.
  • Even with a low unemployment rate, wage growth for low-wage workers, especially for black workers, has been slow. Black Americans have seen the slowest wage growth compared with other groups of Americans, reaching a growth rate that was four times slower at certain wage distribution levels, according to a 2018 Economic Policy Institute report.
  • For Yolanda Murray of Detroit, Michigan, not having savings meant weeks of panic trying to figure out how she was going to pay the bills that came on 1 April after she was furloughed from her job at a hotel.
  • t’s like how am I going to maintain all of this?” Murray said. Weeks after she filed her application for unemployment insurance, payments started coming in and Murray was able to pay her bills again.
  • Murray and her unionized co-workers spent 28 days striking for higher wages and better healthcare. At the time, workers at the hotel had not had wage rises since before the last recession, and healthcare costs were so expensive that Murray could only afford to cover herself, leaving her two children out of her plan.
  • Trump’s repeated claims that he has been the best president for African Americans was repeatedly pegged to falling unemployment numbers. But those numbers only tell a partial story, as work by Rodgers and others has shown. Black families are especially vulnerable to economic downturns because they lack the savings that can act as a buffer against unexpected layoffs or lost wages. And during the last recovery they lost ground against their white peers.
  • compared with 9%, respectively. And the black homeownership rate is the lowest of any racial group in the US and has consistently been about 30% lower than the white homeownership rate over the years, even as the economy was getting stronger.
  • “Wealth allows you to respond to that unexpected health emergency, that broken hole in the tire you have to replace. It also allows you to buy a home, put your kids through school,” said Danyelle Solomon, vice-president of the race and ethnicity program at the Center for American Progress.
  • Experts agree that being poor has costly effects on a person’s health: for adults living in extreme poverty, being poor can cost up to 15 years of life expectancy.
  • ave seen higher death rates due to Covid-19 compared with any other group in the US. Black Americans made up 25% of deaths from Covid-19 in the US though they make up a little under 13% of the US population.
  • “National emergencies, pandemics, epidemics, what they do is they spotlight inequality,” Solomon said. “What we see in Covid-19 is no different. It’s highlighting racial disparities at every single level that have been with our society for a very long time.”
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Covid-19 appears far more lethal than flu based on antibody test results - The Washingt... - 0 views

www.washingtonpost.com/...a-ac8a-fe9b8088e101_story.html antibody results Covid-19 fatality rate infection case
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  • some critics of the nationwide shutdown have seized on this early antibody data to argue that covid-19 isn’t all that deadly. A common refrain is that the disease is not significantly worse than the flu. In this view, the pandemic threat has been wildly exaggerated.
  • “Pandemic Is Over. Let’s Stop the Economic Suicide, and Get Back to Work,” declared a headline on a column by free market advocate George Gilder on the RealClearMarkets websit
  • He said policies to control the viral spread “should be reversed summarily and acknowledged to be a mistake, perpetrated by statisticians with erroneous computer models.”
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  • Kevin McCullough, a columnist for the conservative website Town Hall, wrote a column that ran last week with the headline “Antibody Testing: Proves We’ve Been Had!”
  • “Those higher numbers of case fatality rates, they’re still true,” Viboud said. “It’s your probability of dying if you’re clinically sick with it, which is something that people may care about, too.”
  • Moreover, the fatality rate of a virus, however it is defined, is not an innate feature of the pathogen. It depends on many variables, including the age and health of the population and access to health care.
  • The most controversial such study came out of Santa Clara County, Calif., the heart of Silicon Valley. It claimed that the true number of infections in the county in early April may have been 50 to 85 times the official coronavirus case counts. Extrapolating from that, it gave an estimated infection fatality rate of between 0.12 and 0.2 percent.
  • That provided what seemed like reliable ammunition to those who believe the danger of covid-19 has been overstated. They said the numbers show this disease is not much different from seasonal flu.
  • A commonly cited statistic about seasonal flu is that it has a fatality rate of 0.1 percent, That, however, is a case fatality rate. The infection fatality rate for flu is perhaps only half that, Viboud said. Shaman estimated that it’s about one-quarter the case fatality rate.
  • Shaman, the epidemiologist, said he hopes the higher estimates for infections and commensurately lower fatality rates are correct. Everyone needs more testing and better data, he said.
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Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Stree... - 2 views

DIIGO_FILE_HOME/7ui9/74ec4c99e72deda4a64da10692a15bf6 economics history literature good evil theory philosophy philosophers Bible Gilgamesh Adam Smith
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  • 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
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  • The scientists who study how diseases emerge in a changing environment knew this moment was coming. Climate change is making outbreaks of disease more common and more dangerous.
  • Over the past few decades, the number of emerging infectious diseases that spread to people — especially coronaviruses and other respiratory illnesses believed to have come from bats and birds — has skyrocketed.
  • A new emerging disease surfaces five times a year. One study estimates that more than 3,200 strains of coronaviruses already exist among bats, awaiting an opportunity to jump to people.
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  • until now, the planet’s natural defense systems were better at fighting them off.
  • Today, climate warming is demolishing those defense systems, driving a catastrophic loss in biodiversity that, when coupled with reckless deforestation and aggressive conversion of wildland for economic development, pushes farms and people closer to the wild and opens the gates for the spread of disease.
  • ignoring how climate and rapid land development were putting disease-carrying animals in a squeeze was akin to playing Russian roulette.
  • the virus is believed to have originated with the horseshoe bat, part of a genus that’s been roaming the forests of the planet for 40 million years and thrives in the remote jungles of south China, even that remains uncertain.
  • China for years and warning that swift climate and environmental change there — in both loss of biodiversity and encroachment by civilization — was going to help new viruses jump to people.
  • . Roughly 60% of new pathogens come from animals — including those pressured by diversity loss — and roughly one-third of those can be directly attributed to changes in human land use, meaning deforestation, the introduction of farming, development or resource extraction in otherwise natural settings
  • Vector-borne diseases — those carried by insects like mosquitoes and ticks and transferred in the blood of infected people — are also on the rise as warming weather and erratic precipitation vastly expand the geographic regions vulnerable to contagion.
  • Climate is even bringing old viruses back from the dead, thawing zombie contagions like the anthrax released from a frozen reindeer in 2016, which can come down from the arctic and haunt us from the past.
  • It is demonstrating in real time the enormous and undeniable power that nature has over civilization and even over its politics.
  • it also makes clear that climate policy today is indivisible from efforts to prevent new infectious outbreaks, or, as Bernstein put it, the notion that climate and health and environmental policy might not be related is “a ​dangerous delusion.”
  • The warming of the climate is one of the principal drivers of the greatest — and fastest — loss of species diversity in the history of the planet, as shifting climate patterns force species to change habitats, push them into new regions or threaten their food and water supplies
  • What’s known as biodiversity is critical because the natural variety of plants and animals lends each species greater resiliency against threat and together offers a delicately balanced safety net for natural systems
  • As diversity wanes, the balance is upset, and remaining species are both more vulnerable to human influences and, according to a landmark 2010 study in the journal Nature, more likely to pass along powerful pathogens.
  • even incremental and seemingly manageable injuries to local environments — say, the construction of a livestock farm adjacent to stressed natural forest — can add up to outsized consequences.
  • Coronaviruses like COVID-19 aren’t likely to be carried by insects — they don’t leave enough infected virus cells in the blood. But one in five other viruses transmitted from animals to people are vector-borne
  • the number of species on the planet has already dropped by 20% and that more than a million animal and plant species now face extinction.
  • Americans have been experiencing this phenomenon directly in recent years as migratory birds have become less diverse and the threat posed by West Nile encephalitis has spread. It turns out that the birds that host the disease happen to also be the tough ones that prevail amid a thinned population
  • as larger mammals suffer declines at the hands of hunters or loggers or shifting climate patterns, smaller species, including bats, rats and other rodents, are thriving, either because they are more resilient to the degraded environment or they are able to live better among people.
  • It is these small animals, the ones that manage to find food in garbage cans or build nests in the eaves of buildings, that are proving most adaptable to human interference and also happen to spread disease.
  • Warmer temperatures and higher rainfall associated with climate change — coupled with the loss of predators — are bound to make the rodent problem worse, with calamitous implications.
  • As much as weather changes can drive changes in species, so does altering the landscape for new farms and new cities. In fact, researchers attribute a full 30% of emerging contagion to what they call “land use change.”
  • As the global population surges to 10 billion over the next 35 years, and the capacity to farm food is stressed further again by the warming climate, the demand for land will only get more intense.
  • Already, more than one-third of the planet’s land surface, and three-quarters of all of its fresh water, go toward the cultivation of crops and raising of livestock. These are the places where infectious diseases spread most often.
  • The U.S. Centers for Disease Control and Prevention says that fully three-quarters of all new viruses have emerged from animals
  • Almost every major epidemic we know of over the past couple of decades — SARS, COVID-19, Ebola and Nipah virus — jumped to people from wildlife enduring extreme climate and habitat strain, and still, “we’re naive to them,” she said. “That puts us in a dangerous place.”
  • A 2008 study in the journal Nature found nearly one-third of emerging infectious diseases over the past 10 years were vector-borne, and that the jumps matched unusual changes in the climate
  • Ticks and mosquitoes now thrive in places they’d never ventured before. As tropical species move northward, they are bringing dangerous pathogens with them.
  • by 2050, disease-carrying mosquitoes will ultimately reach 500 million more people than they do today, including some 55 million more Americans.
  • In 2013, dengue fever — an affliction affecting nearly 400 million people a year, but normally associated with the poorest regions of Africa — was transmitted locally in New York for the first time.
  • “The long-term risk from dengue may be much higher than COVID,
  • only 15% of the planet’s forests remain intact. The rest have been cut down, degraded or fragmented to the point that they disrupt the natural ecosystems that depend on them.
  • it’s only a matter of time before other exotic animal-driven pathogens are driven from the forests of the global tropics to the United States or Canada or Europe because of the warming climate.
  • it will also shape how easily we get sick. According to a 2013 study in the journal PLOS Currents Influenza, warm winters were predictors of the most severe flu seasons in the following year
  • Even harsh swings from hot to cold, or sudden storms — exactly the kinds of climate-induced patterns we’re already seeing — make people more likely to get sick.
  • The chance of a flu epidemic in America’s most populated cities will increase by as much as 50% this century, and flu-related deaths in Europe could also jump by 50%.
  • Slow action on climate has made dramatic warming and large-scale environmental changes inevitable, he said, “and I think that increases in disease are going to come along with it.”
  • By late 2018, epidemiologists there were bracing for what they call “spillover,” or the failure to keep a virus locally contained as it jumped from the bats and villages of Yunnan into the wider world.
  • In late 2018, the Trump administration, as part of a sweeping effort to bring U.S. programs in China to a halt, abruptly shut down the research — and its efforts to intercept the spread of a new novel coronavirus along with it. “We got a cease and desist,” said Dennis Carroll, who founded the PREDICT program and has been instrumental in global work to address the risks from emerging viruses. By late 2019, USAID had cut the program’s global funding.
  • The loss is immense. The researchers believed they were on the cusp of a breakthrough, racing to sequence the genes of the coronaviruses they’d extracted from the horseshoe bat and to begin work on vaccines.
  • They’d campaigned for years for policymakers to fully consider what they’d learned about how land development and climate changes were driving the spread of disease, and they thought their research could literally provide governments a map to the hot spots most likely to spawn the next pandemic.
  • They also hoped the genetic material they’d collected could lead to a vaccine not just for one lethal variation of COVID, but perhaps — like a missile defense shield for the biosphere — to address a whole family of viruses at once
  • Carroll said knowledge of the virus genomes had the potential “to totally transform how we think about future biomedical interventions before there’s an emergence.
  • PREDICT’s staff and advisers have pushed the U.S. government to consider how welding public health policy with environmental and climate science could help stem the spread of contagions.
  • Since Donald Trump was elected, the group hasn’t been invited back.
  • What Daszak really wants — in addition to restored funding to continue his work — is the public and leaders to understand that it’s human behavior driving the rise in disease, just as it drives the climate crisis
  • “We turn a blind eye to the fact that our behavior is driving this,” he said. “We get cheap goods through Walmart, and then we pay for it forever through the rise in pandemics. It’s upside down.”
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What DACA's End Could Mean for Colleges - The Atlantic - 0 views

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  • College leaders say they have myriad reasons to oppose a prospective repeal of DACA. Undocumented students, they argue, often bring unique viewpoints and backgrounds to campus, excel academically, and contribute to the economy after graduating. But recent developments have also raised questions about the financial impact such students have on the campuses themselves. What, if anything, would DACA’s rollback mean for tuition revenue and enrollment numbers at colleges across the country?
  • The loss of work permits could also mean that DACA beneficiaries who plan on attending college would be all the more reliant on financial aid, which can be hard to come by. DACA recipients, like all undocumented students, do not have access to federal financial support for higher education, but depending on where they live they may be eligible for other forms of publicly funded aid. Twenty-one states currently offer undocumented students who meet certain criteria the ability to pay in-state tuition, and at least six offer financial-aid benefits to undocumented students of all statuses who meet particular qualifications.
  • “with DACA, more colleges and universities have felt more comfortable providing aid and resources. If they no longer have DACA, what will be the level of commitment? remains a really big question.”
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  • Higher-education leaders at many private universities have been reminding their students of these options; in a letter to the Harvard community after Trump’s announcement on ending the program, for example, President Drew Faust wrote that “the University will maintain its existing financial aid policies, which provide funding to students without reference to immigration status.”
  • The consensus among scholars is that community colleges would witness the most conspicuous change if DACA is indeed repealed. It is estimated that the majority of undocumented college students attend community colleges, and many if not most of them rely on their work permits to pay for tuition.
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What Cookies and Meth Have in Common - The New York Times - 0 views

www.nytimes.com/...s-and-meth-have-in-common.html food addiction drug stress plasticity reward environment psychology research brain science
shared by Javier E on 03 Jul 17 - No Cached
  • Why would anyone continue to use recreational drugs despite the medical consequences and social condemnation? What makes someone eat more and more in the face of poor health?
  • modern humans have designed the perfect environment to create both of these addictions.
  • the myth has persisted that addiction is either a moral failure or a hard-wired behavior — that addicts are either completely in command or literally out of their minds
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  • Now we have a body of research that makes the connection between stress and addiction definitive. More surprising, it shows that we can change the path to addiction by changing our environment.
  • Neuroscientists have found that food and recreational drugs have a common target in the “reward circuit” of the brain, and that the brains of humans and other animals who are stressed undergo biological changes that can make them more susceptible to addiction.
  • In a 2010 study, Diana Martinez and colleagues at Columbia scanned the brains of a group of healthy controls and found that lower social status and a lower degree of perceived social support — both presumed to be proxies for stress — were correlated with fewer dopamine receptors, called D2s, in the brain’s reward circuit
  • The reward circuit evolved to help us survive by driving us to locate food or sex in our environment
  • Today, the more D2 receptors you have, the higher your natural level of stimulation and pleasure — and the less likely you are to seek out recreational drugs or comfort food to compensate
  • people addicted to cocaine, heroin, alcohol and methamphetamines experience a significant reduction in their D2 receptor levels that persists long after drug use has stopped. These people are far less sensitive to rewards, are less motivated and may find the world dull, once again making them prone to seek a chemical means to enhance their everyday life.
  • Drug exposure also contributes to a loss of self-control. Dr. Volkow found that low D2 was linked with lower activity in the prefrontal cortex, which would impair one’s ability to think critically and exercise restraint
  • Food, like drugs, stimulates the brain’s reward circuit. Chronic exposure to high-fat and sugary foods is similarly linked with lower D2 levels, and people with lower D2 levels are also more likely to crave such foods. It’s a vicious cycle in which more exposure begets more craving.
  • At this point you may be wondering: What controls the reward circuit in the first place? Some of it is genetic. We know that certain gene variations elevate the risk of addiction to various drugs. But studies of monkeys suggest that our environment can trump genetics and rewire the brain.
  • simply by changing the environment, you can increase or decrease the likelihood of an animal becoming a drug addict.
  • The same appears true for humans. Even people who are not hard-wired for addiction can be made dependent on drugs if they are stressed
  • Is it any wonder, then, that the economically frightening situation that so many Americans experience could make them into addicts? You will literally have a different brain depending on your ZIP code, social circumstances and stress level.
  • In 1990, no state in our country had an adult obesity rate above 15 percent; by 2015, 44 states had obesity rates of 25 percent or higher. What changed?
  • What happened is that cheap, calorie-dense foods that are highly rewarding to your brain are now ubiquitous.
  • Nothing in our evolution has prepared us for the double whammy of caloric modern food and potent recreational drugs. Their power to activate our reward circuit, rewire our brain and nudge us in the direction of compulsive consumption is unprecedented.
  • The processed food industry has transformed our food into a quasi-drug, while the drug industry has synthesized ever more powerful drugs that have been diverted for recreational use.
  • Fortunately, our brains are remarkably plastic and sensitive to experience. Although it’s far easier said than done, just limiting exposure to high-calorie foods and recreational drugs would naturally reset our brains to find pleasure in healthier foods and life without drugs.
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The Fake Freedom of American Health Care - The New York Times - 0 views

www.nytimes.com/...m-of-american-health-care.html health-care finland government
shared by Javier E on 19 Mar 17 - No Cached
  • Republican leaders seem unfazed by this, perhaps because, in their minds, deciding not to have health care because it’s too expensive is an exercise of individual free will.
  • The idea is that buying health care is like buying anything else. The United States is home to some of the world’s best medical schools, doctors, research institutes and hospitals, and if you have the money for the coverage and procedures you want, you absolutely can get top-notch care.
  • This approach might result in extreme inequalities and it might be expensive, but it definitely buys you the best medical treatment anywhere. Such is the cost of freedom.
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  • In practice, though, this Republican notion is an awfully peculiar kind of freedom. It requires most Americans to spend not just money, but also time and energy agonizing over the bewildering logistics of coverage and treatment — confusing plans, exorbitant premiums and deductibles, exclusive networks, mysterious tests, outrageous drug prices.
  • I never had to worry whether I was covered. All Finns are covered for all essential medical care automatically, regardless of employment or income.
  • If you can’t afford it, not buying it is hardly a choice.
  • in Finland I never worried about where my medical care came from or whether I could afford it. I paid my income taxes — which, again despite the stereotypes, were about the same as what I pay in federal, state and local income taxes in New York City — and if I needed to see a doctor, I had several options.
  • And more often than not, individual choices are severely restricted by decisions made by employers, insurers, doctors, pharmaceutical companies and other private players. Those interest groups, not the consumer, decide which plans are available, what those plans cover, which doctors patients can see and how much it will cost.
  • Meanwhile, life expectancy at age 65 is higher in 24 other developed nations, including Canada, Britain and most European nations.
  • According to the latest report of the O.E.C.D. — an organization of mostly wealthy nations — the United States as a whole does not actually outshine other countries in the quality of care.
  • In fact, the United States has shorter life expectancy, higher infant mortality and fewer doctors per capita than most other developed countries.
  • When it comes to outcomes in some illnesses, including cancer, the United States does have some of the best survival rates in the world — but that’s barely ahead of, or even slightly behind, the equivalent survival rates in other developed countries.
  • the United States are South Korea, Israel, Australia, Sweden and Finland, all with some form of government-managed universal health care.
  • And when it comes to cervical cancer, American women are at a significant disadvantage: The United States comes in only 22nd
  • According to the Republican orthodoxy, government always takes away not only people’s freedom to choose their doctor, but also their doctor’s ability to choose the correct care for patients. People are at the mercy of bureaucrats. Waiting times are long. Quality of care is dismal.
  • Americans might still assume that long waits for care are inevitable in a health care system run by the government. But that’s not necessarily the case either.
  • A report in 2014 by the Commonwealth Fund, a private foundation specializing in health care research, ranked the United States third in the world in access to specialists. That’s a great achievement. But the Netherlands and Switzerland did better
  • When it comes to nonemergency and elective surgery, patients in several countries, including the Netherlands, Germany and Switzerland, all of which have universal, government-guided health care systems, have faster access than the United States.
  • in fact Americans who are getting a raw deal. Americans pay much more than people in other countries but do not get significantly better results.
  • The trouble with a free-market approach is that health care is an immensely complicated and expensive industry, in which the individual rarely has much actual market power
  • It is not like buying a consumer product, where choosing not to buy will not endanger one’s life. It’s also not like buying some other service tailored to individual demands, because for the most part we can’t predict our future health care needs.
  • The point of universal coverage is to pool risk, for the maximum benefit of the individual when he or she needs care
  • And the point of having the government manage this complicated service is not to take freedom away from the individual
  • The point is the opposite: to give people more freedom. Arranging health care is an overwhelming task, and having a specialized entity do the negotiating, regulating and perhaps even much of the providing is just vastly more efficient than forcing everyone to go it alone
  • What passes for an American health care system today certainly has not made me feel freer. Having to arrange so many aspects of care myself, while also having to navigate the ever-changing maze of plans, prices and the scarcity of appointments available with good doctors in my network, has thrown me, along with huge numbers of Americans, into a state of constant stress. And I haven’t even been seriously sick or injured yet.
  • As a United States citizen now, I wish Americans could experience the freedom of knowing that the health care system will always be there for us regardless of our employment status. I wish we were free to assume that our doctors get paid a salary to look after our best interests, not to profit by generating billable tests and procedures. I want the freedom to know that the system will automatically take me and my family in, without my having to battle for care in my moment of weakness and need. That is real freedom.
  • So is the freedom of knowing that none of it will bankrupt us. That is the freedom I had back in Finland.
  • It’s true that in countries with universal health care the cost of hiring a new employee can be significant, especially for a small employer. Yet these countries still have plenty of thriving businesses, with lower administrative burdens. It can be done.
  • in a nation that purports to champion freedom, the outdated disaster that is the United States health care system is taking that freedom away.
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Inside Rural America's Higher-Education Epidemic - The Atlantic - 0 views

www.theatlantic.com/...547325 rural education issue US
shared by knudsenlu on 04 Dec 17 - No Cached
  • Dustin Gordon grew up thinking he would work the land. He’s from Sharpsburg, Iowa, population 89, where agriculture is the lifeblood of the region. He says most of his friends from high school have gone into farming.
  • Only 59 percent of rural high-school graduates enroll in college the subsequent fall, according to the National Student Clearinghouse. That’s a lower proportion than students from urban and suburban areas.
  • He says colleges have failed to pay attention to the needs of rural students, too.
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Brazil coronavirus: No vaccines, no leadership, no end in sight. How nation has become... - 0 views

www.cnn.com/...index.html
shared by anonymous on 20 Mar 21 - No Cached
  • Nearly every Brazilian state has an ICU occupancy of 80% or higher,
  • As of Friday, 16 of 26 states were at or above 90%, meaning those health systems have collapsed or are at imminent risk of doing so.
  • The seven-day averages of both new cases and new deaths are higher than they have ever been.In the last 10 days, about a quarter of all coronavirus deaths worldwide have been recorded in Brazil,
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  • If vaccines are the ultimate way out from this global pandemic, Brazil has a long way to go to seeing this through. As of Friday, less than 10 million people in the country of about 220 million had received at least one dose,
  • Only 1.57% of the population had been fully vaccinated.
  • That is the result of a slow rollout program that has been plagued by delays. During the announcement of its distribution plan in early February, the government promised some 46 million vaccine doses to be available in March. It's been repeatedly forced to lower that number, now estimating only 26 million by month's end.
  • In-country production of what the governments says will eventually be hundreds of millions of doses of the Oxford-AstraZeneca vaccine only just got off the ground. The first 500,000 doses were delivered and celebrated by top Ministry of Health officials in Rio de Janeiro this week, despite being months behind schedule.
  • If vaccines are to remain in short supply for the foreseeable future, the only remaining ways to control the epidemic's exponential growth in Brazil are the methods the world has heard ad nauseam -- social distancing, no large crowds, restricted movements and good hygiene.
  • But in many places throughout Brazil, that is just not happening. In bustling Rio de Janeiro, it is easy to find maskless crowds walking the streets, conversing in close quarters. Though the city's famed beaches are closed this weekend, restaurants and bars can still be open until 9 p.m., many likely to be filled to capacity.
  • Many states have imposed much harsher restrictions including nighttime curfews, but local leaders are fighting against federal leadership, or a lack thereof, determined to keep things open.
  • President Jair Bolsonaro, a Covid-19 skeptic who has mocked the efficacy of vaccines and hasn't publicly taken one himself, announced Thursday that he would be taking legal action against certain states in the country's Supreme Court, claiming the only person who can decree curfews is him -- something he has promised never to do.Despite thousands of people dying from the virus each day, he claims the real threat is from the economic harm virus-prompted restrictions can impose.
  • Millions of his supporters are following his lead, openly flaunting local regulations of social distancing and mask wearing.All of this would be concerning enough on its own, but it is exacerbated by a deeply concerning reality -- the spread of Covid-19 variants.
  • The P.1 variant was first discovered in Japan. Health authorities detected the viral mutation in multiple travelers that were returning from Amazonas state, an isolated region in Brazil's north replete with rainforest.
  • Nearly two months later, more and more research points to the P.1 variant as a crucial factor not only in the Manaus outbreak but in the nationwide crisis Brazil faces today.A study from Brazil's top medical research foundation, Fiocruz, from early March found that of eight Brazilian states studied, Covid-19 variants including P.1 were prevalent in at least 50% of new cases.
  • The variant is widely agreed to be more easily transmissible, up to 2.2 times so according to a recent study. That is more transmissible than the widely discussed B.1.1.7 variant first identified in the United Kingdom, which is up to 1.7 times more transmissible, according to a December study.That same study also found that people are 25% to 65% more likely to evade existing protective immunity from previous non-P.1 infections.
  • Finally, there remain concerns the different vaccines might not be as effective against the P.1 variant. Though a recent study from the UK did find that the "existing vaccines may protect against the Brazilian coronavirus variant," CNN spoke to several epidemiologists who remain concerned.
  • Amidst Brazil's unmitigated viral spread lies two additional, distinct threats. One, the easier export of the existing P.1 variant abroad. It's already in at least two dozen countries and counting and international travel to and from Brazil is still open to for most countries.Two, if the P.1 variant was created here, so can others.
  • Under the laws of viral evolution, new variants are created to try and allow the virus to spread more easily. Along the way, more dangerous iterations can be created.
  • With a lack of a vaccines and a government unwilling to take the steps necessary to prevent that from happening, it is unclear how things get better in Brazil anytime soon.
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Covid-19 vaccines provide protection for pregnant and lactating women -- and their newb... - 0 views

www.cnn.com/...index.html
shared by tsainten on 25 Mar 21 - No Cached
  • The Pfizer/BioNTech and Moderna Covid-19 vaccines are effective in pregnant and lactating women, who can pass protective antibodies to newborns, according to research published Thursday in the American Journal of Obstetrics and Gynecology.
  • The vaccine-induced antibody levels were equivalent in pregnant and lactating women, compared to non-pregnant women. The antibody levels were "strikingly higher" than those resulting from coronavirus infection during pregnancy, the team noted.
  • "Nearly all the moms were getting a pretty decent level of antibodies to their babies,"
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  • While the team found similar antibody levels in women vaccinated with both vaccines, Alter said they found higher levels of IgA antibodies in pregnant women who received the Moderna vaccine. She said this particular type of antibody may be transferred more efficiently to babies, for a longer period of time.
  • mRNA vaccines illicit antibodies in pregnant women that can be transferred to their babies, though this is the largest study on vaccines in pregnant women, to date. Pregnant and lactating women were not included in the initial clinical trials of the vaccines.
  • regnant people with Covid-19 are at increased risk for severe illness and may be at increased risk for adverse outcomes, like preterm birth. The CDC says it hopes to study vaccine safety in around 13,000 pregnant people for each of the three authorized coronavirus vaccines.
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See a Map of Vaccination Rates for New York City - The New York Times - 0 views

www.nytimes.com/...nyc-vaccination-rates-map.html new york pandemic vaccine
shared by ethanshilling on 26 Mar 21 - No Cached
  • Just over a hundred days into New York City’s vaccination campaign, 30 percent of adults and half of those 65 and older have received at least one dose of a Covid-19 vaccine.
  • White and Asian New Yorkers have been vaccinated at higher rates than Black and Latino residents, who have been more likely to die from or be hospitalized with Covid-19 both in New York City and nationwide.
  • Some of the highest vaccination rates are in the city’s wealthiest neighborhoods — places where residents were most likely to leave the city at the start of the pandemic.
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  • Twenty percent of Manhattan adults have been fully vaccinated, compared with 12 percent of Brooklyn adults. One of the clearest demographic trends in who is getting vaccinated is age.
  • There are more than 1.2 million New Yorkers age 65 and older, rivaling the entire population of Dallas. Older adults were among the first in line for the vaccine, and in general, areas of the city with more older residents have a higher percentage of vaccinations than others.
  • While about half of all of these New Yorkers have had at least one dose, about 70 percent of those over 65 are not yet fully vaccinated, suggesting the city still has a ways to go even as eligibility expands to younger groups.
  • Neighborhoods with mostly white residents, like the Upper East and Upper West Side, Riverdale in the Bronx, Breezy Point in Queens, mid-island and the south shore of Staten Island, are outpacing city averages.
  • The majority Black and Latino neighborhoods in large swaths of Queens, Brooklyn, upper Manhattan and the southern Bronx are in some cases 20 to 30 percentage points behind neighborhoods at the top of the list
  • Reasons for the disparities vary, and they will not all be clear from simply looking at a map. Many seniors are homebound or have had trouble navigating complex and confusing websites to sign up for the vaccine (obstacles not just for seniors, really).
  • For non-English speakers, language barriers can create fear and confusion. For poorer residents, it’s simply more difficult (and more expensive) to take a few hours or a day or two off work to get a shot.
  • The city is averaging 60,000 to 70,000 shots per day. At that rate, it will take months to reach the remaining seven million New Yorkers, including children, who are not yet eligible for any vaccine.
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Ex-KGB Agent Says Trump Was a Russian Asset. Does it Matter? - 0 views

nymag.com/...utin-kompromat-unger-book.html trump asset russia putin
shared by Javier E on 02 Apr 21 - No Cached
  • If something like the most sinister plausible story turned out to be true, how much would it matter? Probably not that much
  • I have merely come to think that even if we could have confirmed the worst, to the point that even Trump’s supporters could no longer deny it, it wouldn’t have changed very much. Trump wouldn’t have been forced to resign, and his Republican supporters would not have had to repudiate him. The controversy would have simply receded into the vast landscape of partisan talking points — one more thing liberals mock Trump over, and conservatives complain about the media for covering instead of Nancy Pelosi’s freezer or antifa or the latest campus outrage.
  • One reason I think that is because a great deal of incriminating information was confirmed and very little in fact changed as a result. In 2018, Buzzfeed reported, and the next year Robert Mueller confirmed, explosive details of a Russian kompromat operation. During the campaign, Russia had been dangling a Moscow building deal that stood to give hundreds of millions of dollars in profit to Trump, at no risk. Not only did he stand to gain this windfall, but he was lying in public at the time about his dealings with Russia, which gave Vladimir Putin additional leverage over him. (Russia could expose Trump’s lies at any time if he did something to displease Moscow.)
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  • The truth, I suspect, was simultaneously about as bad as I suspected, and paradoxically anticlimactic. Trump was surrounded by all sorts of odious characters who manipulated him into saying and doing things that ran against the national interest. One of those characters was Putin. In the end, their influence ran up against the limits that the character over whom they had gained influence was a weak, failed president.
  • Mueller even testified that this arrangement gave Russia blackmail leverage over Trump. But by the time these facts had passed from the realm of the mysterious to the confirmed, they had become uninteresting.
  • Ultimately, whatever value Trump offered to Russia was compromised by his incompetence and limited ability to grasp firm control even of his own government’s foreign policy. It was not just the fabled “deep state” that undermined Trump. Even his own handpicked appointees constantly undermined him, especially on Russia. Whatever leverage Putin had was limited to a single individual, which meant there was nobody Trump could find to run the State Department, National Security Agency, and so on who shared his idiosyncratic Russophilia.
  • Shvets told Unger that the KGB cultivated Trump as an American leader, and persuaded him to run his ad attacking American alliances. “The ad was assessed by the active measures directorate as one of the most successful KGB operations at that time,” he said, “It was a big thing — to have three major American newspapers publish KGB soundbites.”
  • To be clear, while Shvets is a credible source, his testimony isn’t dispositive. There are any number of possible motives for a former Soviet spy turned critic of Russia’s regime to manufacture an indictment of Trump
  • This is what intelligence experts mean when they describe Trump as a Russian “asset.” It’s not the same as being an agent. An asset is somebody who can be manipulated, as opposed to somebody who is consciously and secretly working on your behalf.
  • A second reason is that reporter Craig Unger got a former KGB spy to confirm on the record that Russian intelligence had been working Trump for decades. In his new book, “American Kompromat,” Unger interviewed Yuri Shvets, who told him that the KGB manipulated Trump with simple flattery. “In terms of his personality, the guy is not a complicated cookie,” he said, “his most important characteristics being low intellect coupled with hyperinflated vanity. This makes him a dream for an experienced recruiter.”
  • If I had to guess today, I’d put the odds higher, perhaps over 50 percent. One reason for my higher confidence is that Trump has continued to fuel suspicion by taking anomalously pro-Russian positions. He met with Putin in Helsinki, appearing strangely submissive, and spouted Putin’s propaganda on a number of topics including the ridiculous possibility of a joint Russian-American cybersecurity unit. (Russia, of course, committed the gravest cyber-hack in American history not long ago, making Trump’s idea even more self-defeating in retrospect than it was at the time.) He seemed to go out of his way to alienate American allies and blow up cooperation every time they met during his tenure.
  • He would either refuse to admit Russian wrongdoing — Trump refused even to concede that the regime poisoned Alexei Navalny — or repeat bizarre snippets of Russian propaganda: NATO was a bad deal for America because Montenegro might launch an attack on Russia; the Soviets had to invade Afghanistan in the 1970s to defend against terrorism. These weren’t talking points he would pick up in his normal routine of watching Fox News and calling Republican sycophants.
  • there was a reasonable chance — I loosely pegged it at 10 or 20 percent — that the Soviets had planted some of these thoughts, which he had never expressed before the trip, in his head.
  • Trump returned from Moscow fired up with political ambition. He began the first of a long series of presidential flirtations, which included a flashy trip to New Hampshire. Two months after his Moscow visit, Trump spent almost $100,000 on a series of full-page newspaper ads that published a political manifesto. “An open letter from Donald J. Trump on why America should stop paying to defend countries that can afford to defend themselves,” as Trump labeled it, launched angry populist charges against the allies that benefited from the umbrella of American military protection. “Why are these nations not paying the United States for the human lives and billions of dollars we are losing to protect their interests?”
  • During the Soviet era, Russian intelligence cast a wide net to gain leverage over influential figures abroad. (The practice continues to this day.) The Russians would lure or entrap not only prominent politicians and cultural leaders, but also people whom they saw as having the potential for gaining prominence in the future. In 1986, Soviet ambassador Yuri Dubinin met Trump in New York, flattered him with praise for his building exploits, and invited him to discuss a building in Moscow. Trump visited Moscow in July 1987. He stayed at the National Hotel, in the Lenin Suite, which certainly would have been bugged. There is not much else in the public record to describe his visit, except Trump’s own recollection in The Art of the Deal that Soviet officials were eager for him to build a hotel there. (It never happened.)
  • In 2018, I became either famous or notorious — depending on your point of view — for writing a story speculating that Russia had secret leverage over Trump
  • Here is what I wrote in that controversial section:
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Biden and his Covid-relief bill prove popular in new CNN poll - CNNPolitics - 0 views

www.cnn.com/...index.html Politics US Culture policy Pandemic economics Biden Biden-Administration popularity
shared by aidenborst on 10 Mar 21 - No Cached
  • In the new poll, 61% support the $1.9 trillion economic relief bill proposed by Biden and expected to pass in the House Wednesday, and several key provisions of the bill are even more popular. A broad majority of Americans (85%) say they support policies in the bill that would provide larger tax credits for families and make them easier for low-income households to claim, including majorities across party lines (95% of Democrats and 73% of Republicans support it). Around three-quarters favor provisions to provide funding to facilitate a return to the classroom for K-12 students (77%), and sending stimulus checks worth up to $1,400 per person to most families and individuals (76%). Both of those policies also have majority support across party lines (55% of Republicans support each, among Democrats, support tops 90% for each one).
  • Roughly two-thirds of Americans say that if the bill becomes law, it will help the economy at least some (66%), and 55% say it would help people like them. Those with lower annual incomes are more likely to say the bill will do a lot to help them than are those with higher incomes (46% of those earning less than $25,000 per year say it will help people like them a lot, compared with just 6% among those earning $100,000 or more per year), as are women (28% of women say it will help them a lot vs. 19% of men), and people of color (37% among people of color vs. 16% among Whites).
  • The broad popularity of the bill comes as just over half of Americans say they approve of the way Biden is handling the presidency (51%), while 41% disapprove.
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  • Biden's overall approval rating about two months into his presidency is higher than that of his predecessor, Donald Trump, who held a 45% approval rating in a CNN Poll in March 2017.
  • Even as the bill is poised to become a major legislative accomplishment for the Biden administration, the President receives somewhat mixed reviews for his handling of some issues, including environmental policy (50% approve, 41% disapprove), helping the middle class (50% approve, 43% disapprove), racial injustice (47% approve, 43% disapprove), foreign affairs (44% approve and 46% disapprove) and immigration (43% approve and 49% disapprove).
  • His approval rating for handling it stands at 49% approve to 44% disapprove, and just 30% say they have a lot of confidence in Biden to deal with the economy.
  • Biden's 51% lags behind other modern presidents, including the three most recent prior to Trump (Barack Obama, 64% in March 2009, George W. Bush, 58% in March 2001 and Bill Clinton, 53% in March 1993).
  • Both Biden and Trump appear to lag behind because of far sharper partisan polarization than their predecessors faced at this stage of their presidencies.
  • The share of Americans who say things in the country today are going well has rebounded after dropping sharply in January. Overall, 39% say things are going well now, up from 22% in January and about the same as in October 2020 just before the presidential election.
  • The methodology and weighting for the poll incorporates some changes to CNN's polling practices made starting with the January 2021 survey. Interviews conducted on cell phones made up 75% of the total, up from 65% in recent CNN surveys. Dialing extended over six days rather than four days, allowing for more effort to be made to contact those who are not easily reachable.
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