coronavirus

39 results back to index


pages: 652 words: 172,428

Aftershocks: Pandemic Politics and the End of the Old International Order by Colin Kahl, Thomas Wright

"World Economic Forum" Davos, 2021 United States Capitol attack, banking crisis, Berlin Wall, biodiversity loss, Black Lives Matter, Boris Johnson, British Empire, Carmen Reinhart, centre right, Charles Lindbergh, circular economy, citizen journalism, clean water, collapse of Lehman Brothers, colonial rule, contact tracing, contact tracing app, coronavirus, COVID-19, creative destruction, cuban missile crisis, deglobalization, digital rights, disinformation, Donald Trump, drone strike, eurozone crisis, failed state, fake news, Fall of the Berlin Wall, fear of failure, future of work, George Floyd, German hyperinflation, Gini coefficient, global pandemic, global supply chain, global value chain, income inequality, industrial robot, informal economy, Intergovernmental Panel on Climate Change (IPCC), Internet of things, it's over 9,000, job automation, junk bonds, Kibera, lab leak, liberal world order, lockdown, low interest rates, Mahatma Gandhi, Martin Wolf, mass immigration, megacity, mobile money, oil shale / tar sands, oil shock, one-China policy, open borders, open economy, Paris climate accords, public intellectual, Ronald Reagan, social distancing, South China Sea, spice trade, statistical model, subprime mortgage crisis, W. E. B. Du Bois, World Values Survey, zoonotic diseases

“Coronavirus: Prime Minister Boris Johnson Tests Positive,” BBC, March 27, 2020, https://www.bbc.com/news/uk-52060791; “What’s Gone Wrong with Covid-19 Testing in Britain,” The Economist, April 4, 2020, https://www.economist.com/britain/2020/04/04/whats-gone-wrong-with-covid-19-testing-in-britain; Andrew MacAskill, “UK Defends Coronavirus Response After Reuters Investigation,” Reuters, April 9, 2020, https://www.reuters.com/article/us-health-coronavirus-britain-modelling/uk-defends-coronavirus-response-after-reuters-investigation-idUSKCN21R33D.   70.  Colin Dwyer, “Boris Johnson: U.K. Is ‘Past the Peak’ of Its Coronavirus Outbreak,” NPR, April 30, 2020, https://www.npr.org/sections/coronavirus-live-updates/2020/04/30/848496099/boris-johnson-u-k-is-past-the-peak-of-its-coronavirus-outbreak.   71.  “Coronavirus: Boris Johnson Says UK Is Past the Peak of Outbreak,” BBC, April 30, 2020, https://www.bbc.com/news/uk-52493500; “In England, Reopening Has Not Been the Disaster Many Feared,” The Economist, September 3, 2020, https://www.economist.com/britain/2020/09/03/in-england-reopening-has-not-been-the-disaster-many-feared; James Gallagher, “Coronavirus: Oxford Vaccine Triggers Immune Response,” BBC, July 20, 2020, https://www.bbc.com/news/uk-53469839; Alistair Smout, “First Human Trial of Oxford Coronavirus Vaccine Shows Promise,” Reuters, July 20, 2020, https://www.reuters.com/article/us-health-coronavirus-oxford-vaccine/first-human-trial-of-oxford-coronavirus-vaccine-shows-promise-idUSKCN24L1MP.   72.  

See Chapter 7 for more details.     9.  “Europe Needs New Measures to Tackle Coronavirus Threat: Italian President,” Reuters, March 27, 2020, https://www.reuters.com/article/us-health-coronavirus-eu-italy/europe-needs-new-measures-to-tackle-coronavirus-threat-italian-president-idUSKBN21E36G.   10.  “Germany Bans Export of Medical Protection Gear Due to Coronavirus,” Reuters, March 4, 2020, https://www.reuters.com/article/health-coronavirus-germany-exports/germany-bans-export-of-medical-protection-gear-due-to-coronavirus-idUSL8N2AX3D9.   11.  “French Mayor Defends Smurf Rally After Outcry over Virus,” France 24, March 10, 2020, https://www.france24.com/en/20200310-french-mayor-defends-smurf-rally-after-outcry-over-virus; Antonia Noori Farzan, “‘We Must Not Stop Living’: French Mayor Defends Smurf Rally That Drew Thousands amid Coronavirus Fears,” Washington Post, March 11, 2020, https://www.washingtonpost.com/nation/2020/03/11/smurf-coronavirus-france/.   12.  

Hiromi Murakami, “Resolved: Japan’s Response to Covid-19 Is Prudent,” CSIS, May 20, 2020, https://www.csis.org/analysis/resolved-japans-response-covid-19-prudent; “Avoid the Three Cs,” Prime Minister’s Office of Japan, https://www.mhlw.go.jp/content/10900000/000619576.pdf; Motoko Rich, Hisako Ueno, and Makiko Inoue, “Japan Declared a Coronavirus Emergency. Is It Too Late?,” New York Times, April 16, 2020, https://www.nytimes.com/2020/04/07/world/asia/japan-coronavirus-emergency.html.   47.  William Sposato, “Japan’s Halfhearted Coronavirus Measures Are Working Anyway,” Foreign Policy, May 14, 2020, https://foreignpolicy.com/2020/05/14/japan-coronavirus-pandemic-lockdown-testing/; Lawrence Repeta, “The Coronavirus and Japan’s Constitution,” Japan Times, April 14, 2020, https://www.japantimes.co.jp/opinion/2020/04/14/commentary/japan-commentary/coronavirus-japans-constitution/; Mari Yamaguchi, “Japan’s State of Emergency Is No Lockdown.


Uncontrolled Spread by Scott Gottlieb

"World Economic Forum" Davos, additive manufacturing, Atul Gawande, Bernie Sanders, Citizen Lab, contact tracing, coronavirus, COVID-19, data science, disinformation, Donald Trump, double helix, fear of failure, global pandemic, global supply chain, Kevin Roose, lab leak, Larry Ellison, lockdown, medical residency, Nate Silver, randomized controlled trial, social distancing, stem cell, sugar pill, synthetic biology, uranium enrichment, zoonotic diseases

Chinese Scientist at the Center of COVID-19 Origin Theories Speaks Out,” Science, June 24, 2021; and Zeynep Tufekci, “Where Did the Coronavirus Come From? What We Already Know Is Troubling.,” New York Times, June 25, 2021. 13.Xing-Yi Ge et al., “Isolation and Characterization of a Bat SARS-Like Coronavirus That Uses the ACE2 Receptor,” Nature 503 (2013): 535–8. 14.Xing-Lou Yang et al., “Isolation and Characterization of a Novel Bat Coronavirus Closely Related to the Direct Progenitor of Severe Acute Respiratory Syndrome Coronavirus,” Journal of Virology 90, no. 6 (2016). 15.Hongying Li et al., “Human-Animal Interactions and Bat Coronavirus Spillover Potential among Rural Residents in Southern China,” Biosafety and Health 1, no. 2 (2019): 84–90. 16.Ning Wang et al., “Serological Evidence of Bat SARS-Related Coronavirus Infection in Humans, China,” Virologica Sinica 33, no. 1 (2018): 104–7. 17.Christophe Fraser et al., “Factors That Make an Infectious Disease Outbreak Controllable,” Proceedings of the National Academy of Sciences 101, no. 16 (2004): 6146–51. 18.Scott Gottlieb, “The Casualties That Never Arrived,” British Medical Journal 323, no. 7314 (2001): 654. 19.Keith Bradsher and Liz Alderman, “The World Needs Masks.

., “Into the Eye of the Cytokine Storm,” Microbiology and Molecular Biology Review 76, no. 1 (2012): 16–32; and Alison George, “Cytokine Storm: An Overreaction to the Body’s Immune System,” New Scientist. 17.Yu et al., “In Depth: How Early Coronavirus Signs Were Spotted and Throttled.” 18.Ibid. 19.Ibid; and Jon Cohen, “Mining Coronavirus Genomes for Clues to the Outbreak’s Origins,” Science, January 31, 2020. 20.Edward Wong, Julian E. Barnes, and Zolan Kanno-Youngs, “Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find,” New York Times, September 17, 2020. 21.Yu et al., “In Depth: How Early Coronavirus Signs Were Spotted and Throttled.” 22.Kristin Huang, “Coronavirus: Wuhan Doctor Says Officials Muzzled Her for Sharing Report on WeChat,” South China Morning Post, March 11, 2020. 23.Reporters Without Borders, “Whistleblowing Doctor Missing After Criticizing Beijing’s Coronavirus Censorship,” April 14, 2020. 24.Jianxing Tan, “新冠肺炎"吹哨人"李文亮:真相最重要” [“Covid-19 “Whistleblower” Li Wenliang: the Truth is Most Important”], Caixin, January 31, 2020. 25.Lin Zehong, “‘Whistleblower’ of Wuhan Pneumonia: I Knew It Could Be ‘Person-to-Person’ Three Weeks Ago,” United Daily News, January 31, 2020. 26.Michelle Chan, “Beijing Urges Calm over Mysterious Virus Ahead of Lunar New Year,” Nikkei Asia, January 8, 2020. 27.Chan, “Beijing Urges Calm over Mysterious Virus Ahead of Lunar New Year.” 28.Jeff Kao and Mia Shuang Li, “How China Built a Twitter Propaganda Machine Then Let It Loose on Coronavirus,” ProPublica, March 26, 2020. 29.Masashi Crete-Nishihata et al., “Censored Contagion II: A Timeline of Information Control on Chinese Social Media during COVID-19,” Citizen Lab, August 25, 2020. 30.On December 30, the health commission sent an “urgent notice” to all hospitals about the existence of “pneumonia of unclear cause”—but omitted any mention of SARS or a coronavirus.

Withdrawal from the World Health Organization,” Politico, May 29, 2020. 13.Susan Jakes, “Beijing Hoodwinks WHO Inspectors,” Time, April 18, 2003. 14.Wright, “The Plague Year.” 15.Mackenzie, The Pandemic That Never Should Have Happened. 16.Nicholas King, “The Scale Politics of Emerging Diseases,” Osiris 19, (2004): 62–76. 17.Will Feuer, “World Health Organization to Send Delegation to China to Help Combat Coronavirus Outbreak,” CNBC, January 28, 2020. Chapter 4: The Outbreak We Didn’t Want to See 1.Michelle L. Holshue et al., “First Case of 2019 Novel Coronavirus in the United States,” New England Journal of Medicine 382 (2020): 929–36. 2.Peter Robison, Dina Bass, and Robert Langreth, “Seattle’s Patient Zero Spread Coronavirus Despite Ebola-Style Lockdown,” Bloomberg Businessweek, March 10, 2020. 3.Holshue et al., “First Case of 2019 Novel Coronavirus in the United States.” 4.Robert Costa and Philip Rucker, “Woodward Book: Trump Says He Knew Coronavirus Was ‘Deadly’ and Worse than the Flu While Intentionally Misleading Americans,” Washington Post, September 9, 2020. 5.Wright, “The Plague Year.” 6.University of Washington Medicine, “Paul S.


pages: 475 words: 127,389

Apollo's Arrow: The Profound and Enduring Impact of Coronavirus on the Way We Live by Nicholas A. Christakis

agricultural Revolution, Anthropocene, Atul Gawande, Boris Johnson, butterfly effect, Chuck Templeton: OpenTable:, classic study, clean water, Columbian Exchange, contact tracing, contact tracing app, coronavirus, COVID-19, dark matter, data science, death of newspapers, disinformation, Donald Trump, Downton Abbey, Edward Jenner, Edward Lorenz: Chaos theory, George Floyd, global pandemic, global supply chain, helicopter parent, Henri Poincaré, high-speed rail, income inequality, invention of agriculture, invisible hand, it's over 9,000, job satisfaction, lockdown, manufacturing employment, mass immigration, mass incarceration, medical residency, meta-analysis, New Journalism, randomized controlled trial, risk tolerance, Robert Shiller, school choice, security theater, social contagion, social distancing, Steven Pinker, TED Talk, the scientific method, trade route, Upton Sinclair, zoonotic diseases

Myers, “The Army Corps of Engineers Has Two or Three Weeks to Get Thousands of New Hospital Beds Up and Running,” Military Times, March 27, 2020. 112 J. McKinley, “New York City Region Is Now the Epicenter of the Coronavirus Pandemic,” New York Times, March 22, 2020. 113 Ibid. 114 H. Cooper et al., “Coronavirus Hot Spots Emerging Near New York City,” New York Times, April 5, 2020. 115 M. Bryant, “New York Veterinarians Give Ventilators to ‘War Effort’ against Coronavirus,” The Guardian, April 2, 2020. 116 C. Campanile and K. Sheehy, “NY Issues Do-Not-Resuscitate Guideline for Cardiac Patients amid Coronavirus,” New York Post, April 21, 2020. 117 L. Widdicombe, “The Coronavirus Pandemic Peaks in New York’s Hospitals,” The New Yorker, April 15, 2020. 118 M.

Mosher, “Don’t Buy China’s Story: The Coronavirus May Have Leaked from a Lab,” New York Post, February 22, 2020. 70 A. Stevenson, “Senator Tom Cotton Repeats Fringe Theory of Coronavirus Origins,” New York Times, February 17, 2020. 71 Anonymous, “Coronavirus: Trump Stands by China Lab Origin Theory for Virus,” BBC, May 1, 2020. 72 K.G. Andersen et al., “The Proximal Origin of SARS-CoV-2,” Nature Medicine 2020; 26: 450–455; P. Zhou et al, “A Pneumonia Outbreak Associated with a New Coronavirus of Probable Bat Origin,” Nature 2020; 579: 270–273. 73 S. Andrew, “Nearly 30% in the US Believe a Coronavirus Theory That’s Almost Certainly Not True,” CNN, April 13, 2020; W.

Reals, “Chinese Doctor Was Warned to Keep Quiet After Sounding the Alarm on Coronavirus,” CBS News, February 4, 2020. 18 K. Elmer, “Coronavirus: Wuhan Police Apologise to Family of Whistle-Blowing Doctor Li Wenliang,” South China Morning Post, March 19, 2020. 19 C. Buckley, “Chinese Doctor, Silenced After Warning of Outbreak, Dies from Coronavirus,” New York Times, February 6, 2020; Anonymous, “China Identifies 14 Hubei Frontline Workers, Including Li Wenliang, as Martyrs,” Global Times, April 2, 2020. 20 C. Huang et al., “Clinical Features of Patients Infected with 2019 Novel Coronavirus in Wuhan, China,” The Lancet 2020; 395: 497–506. 21 M.H.


pages: 245 words: 71,886

Spike: The Virus vs The People - The Inside Story by Jeremy Farrar, Anjana Ahuja

"World Economic Forum" Davos, bioinformatics, Black Monday: stock market crash in 1987, Boris Johnson, Brexit referendum, contact tracing, coronavirus, COVID-19, crowdsourcing, dark matter, data science, DeepMind, Demis Hassabis, disinformation, Dominic Cummings, Donald Trump, double helix, dual-use technology, Future Shock, game design, global pandemic, Kickstarter, lab leak, lockdown, machine translation, nudge unit, open economy, pattern recognition, precautionary principle, side project, social distancing, the scientific method, Tim Cook: Apple, zoonotic diseases

Rather than DNA, some viruses are made from RNA, such as SARS-CoV-2 and Ebola. SAGE Scientific Advisory Group for Emergencies SARS SARS stands for ‘severe acute respiratory syndrome’, a serious disease caused by the coronavirus SARS-CoV-1. SARS-CoV-1 The coronavirus that causes SARS. It is closely related to SARS-CoV-2. SARS-CoV-2 The coronavirus that causes Covid-19. Previously known as WN-CoV (or Wuhan coronavirus) and 2019-nCoV (or novel coronavirus 2019). spike protein Sometimes called the S protein, it appears as thorn-like protrusions on the surface of the SARS-CoV-2 virus. These ‘spikes’ unpick the locks of human cells to start the infection process and hijack the cell’s own replication machinery so that it begins making new copies of the virus.

This variant is, as of June 2021, the most mutated form of SARS-CoV-2 ever documented, with 31 mutations compared to the ancestral Wuhan virus (sometimes called the wild-type virus) first seen in December 2019. Among those 31 changes are 11 mutations in the spike protein of the coronavirus, again including E484K. The three travellers picked up in Luanda came from Tanzania, where coronavirus has raged largely unchecked thanks to a leader in denial. John Magafuli, Tanzania’s president, consistently denied that coronavirus was a threat to his country. An outlier among African nations, Tanzania stopped reporting coronavirus infections and deaths to the WHO in May 2020, and even refused an offer of vaccines from COVAX. Magafuli claimed that his countrymen enjoyed God’s protection, despite senior churchmen urging Tanzanians to take the virus seriously.

Philosophical Transactions of the Royal Society B: Biological Sciences, 372(1721), 26 May 2017. www.ncbi.nlm.nih.gov/pmc/articles/PMC5394645/ p. 39 ‘The Ebola PHEIC in 2019 …’ ‘Ebola Outbreak in the Democratic Republic of the CongoDeclared a Public Health Emergency of International Concern’. www.who.int/news/item/17-07-2019-ebola-outbreak-in-the-democratic-republic-of-the-congo-declared-a-public-health-emergency-of-international-concern p. 40 ‘And then came a dramatic update…” Lily Kuo, ‘Coronavirus: Panic and Anger in Wuhan as China Orders City into Lockdown’. Guardian. www.theguardian.com/world/2020/jan/23/coronavirus-panic-and-anger-in-wuhan-as-china-orders-city-into-lockdown p. 42 ‘I appeared at a press conference at Davos …’ ‘Press Conference: Coronavirus (COVID-19)/DAVOS 2020’. YouTube. www.youtube.com/watch?v=BDQtXzu6z08 p. 43 ‘His company had quietly picked up the genetic sequence …’ ‘Moderna Announces First Participant Dosed in NIH-led Phase 1 Study of mRNA Vaccine (mRNA-1273) Against Novel Coronavirus’. Moderna. https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-first-participant-dosed-nih-led-phase-1-study p. 44 ‘He was referring to a 2007 study on how 43 US cities …’ Howard Markel et al., ‘Nonpharmaceutical Interventions Implemented by US Cities During the 1918-1919 Influenza Pandemic’.


pages: 561 words: 138,158

Shutdown: How COVID Shook the World's Economy by Adam Tooze

2021 United States Capitol attack, air freight, algorithmic trading, Anthropocene, Asian financial crisis, asset-backed security, Ayatollah Khomeini, bank run, banking crisis, Basel III, basic income, Ben Bernanke: helicopter money, Benchmark Capital, Berlin Wall, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Black Monday: stock market crash in 1987, blue-collar work, Bob Geldof, bond market vigilante , Boris Johnson, Bretton Woods, Brexit referendum, business cycle, business process, business process outsourcing, buy and hold, call centre, capital controls, central bank independence, centre right, clean water, cognitive dissonance, contact tracing, contact tracing app, coronavirus, COVID-19, credit crunch, Credit Default Swap, cryptocurrency, currency manipulation / currency intervention, currency peg, currency risk, decarbonisation, deindustrialization, Donald Trump, Elon Musk, energy transition, eurozone crisis, facts on the ground, failed state, fake news, Fall of the Berlin Wall, fear index, financial engineering, fixed income, floating exchange rates, friendly fire, George Floyd, gig economy, global pandemic, global supply chain, green new deal, high-speed rail, housing crisis, income inequality, inflation targeting, invisible hand, It's morning again in America, Jeremy Corbyn, junk bonds, light touch regulation, lockdown, low interest rates, margin call, Martin Wolf, mass immigration, mass incarceration, megacity, megaproject, middle-income trap, Mikhail Gorbachev, Modern Monetary Theory, moral hazard, oil shale / tar sands, Overton Window, Paris climate accords, Pearl River Delta, planetary scale, Potemkin village, price stability, Productivity paradox, purchasing power parity, QR code, quantitative easing, remote working, reserve currency, reshoring, Robinhood: mobile stock trading app, Ronald Reagan, secular stagnation, shareholder value, Silicon Valley, six sigma, social distancing, South China Sea, special drawing rights, stock buybacks, tail risk, TikTok, too big to fail, TSMC, universal basic income, Washington Consensus, women in the workforce, yield curve

., “Committee to Save World Is a No-Show, Pushing Economy to Brink,” Bloomberg, March 13, 2020. 30. “Coronavirus: Iran Cover-up of Deaths Revealed by Data Leak,” BBC, August 3, 2020. 31. J. Horowitz, “The Lost Days That Made Bergamo a Coronavirus Tragedy,” New York Times, November 29, 2020. 32. M. Johnson, “Italy Quarantines Northern Towns in Coronavirus Outbreak,” Financial Times, February 23, 2020. 33. Herszenhorn and Wheaton, “How Europe Failed the Coronavirus Test.” 34. Elder, “Markets Not Live, Monday 24th February 2020.” 35. Martin, “Markets Face Fresh Jolt of Coronavirus Nerves.” 36. C. Smith and C. Henderson, “US 10-Year Treasury Yield Nears Record Low,” Financial Times, February 24, 2020. 37.

Anderson, “In Brazil, Jair Bolsonaro, Trump’s Close Ally, Dangerously Downplays the Coronavirus Risk,” New Yorker, April 1, 2020. P. Asmann, “What Does Coronavirus Mean for Criminal Governance in Latin America,” InSight Crime, March 31, 2020. 42. McGraw and Oprysko, “Inside the White House During ‘15 Days to Slow the Spread.’ ” 43. V. Chandrashekhar, “1.3 Billion People. A 21-Day Lockdown. Can India Curb the Coronavirus?” Science, March 31, 2020. 44. Chandrashekhar, “1.3 Billion People. A 21-Day Lockdown. Can India Curb the Coronavirus?” 45. K. Komireddi, “Modi’s India Isn’t Prepared for the Coronavirus,” Foreign Policy, April 10, 2020. 46.

Weinland, “Chinese Developers Hit by Coronavirus Sales Ban,” Financial Times, February 15, 2020. 20. A. J. He, Y. Shi, and H. Liu, “Crisis Governance, Chinese Style: Distinctive Features of China’s Response to the Covid-19 Pandemic,” Policy Design and Practice 3, no. 3 (2020): 242–58. 21. R. Zhong and P. Mozur, “To Tame Coronavirus, Mao-Style Social Control Blankets China,” New York Times, February 15, 2020. 22. R. McGregor, “China’s Deep State: The Communist Party and the Coronavirus,” Lowy Institute, July 23, 2020. 23. D. Weinland, “Chinese Villages Build Barricades to Keep Coronavirus at Bay,” Financial Times, February 7, 2020. 24.


pages: 368 words: 102,379

Pandemic, Inc.: Chasing the Capitalists and Thieves Who Got Rich While We Got Sick by J. David McSwane

Affordable Care Act / Obamacare, commoditize, coronavirus, COVID-19, disinformation, Donald Trump, Elon Musk, fake it until you make it, fake news, global pandemic, global supply chain, Internet Archive, lockdown, Lyft, Mark Zuckerberg, microaggression, military-industrial complex, obamacare, open economy, Ponzi scheme, race to the bottom, ransomware, remote working, ride hailing / ride sharing, shareholder value, side hustle, Silicon Valley, social distancing, statistical model, stem cell, Steve Bannon, stock buybacks, TaskRabbit, telemarketer, uber lyft, Y2K

In Italy, just weeks after Angelo Amante, “Update 2—Italy Declares Coronavirus Emergency after First Two Cases Confirmed,” Reuters, January 31, 2020, https://www.reuters.com/article/china-health-italy/update-2-italy-declares-coronavirus-emergency-after-first-two-cases-confirmed-idUSL8N2A02S1. On February 23, just after 9 a.m. “In His Own Words: Trump and the Coronavirus,” Reuters, October 2, 2020, https://www.reuters.com/article/uk-health-coronavirus-usa-trump-comments/in-his-own-words-trump-and-the-coronavirus-idUKKBN26N0VF. “The Coronavirus is very much under control” Morgan Chalfant, “Trump Asserts Coronavirus ‘Under Control’ as Stocks Plunge,” The Hill, February 24, 2020, https://thehill.com/homenews/administration/484408-trump-asserts-coronavirus-under-control-as-stocks-plunge.

Rashbaum, “A Car Salesman, a Macedonian Ex-Minister and a $45 Million Mask Scheme,” New York Times, May 26, 2020, https://www.nytimes.com/2020/05/26/nyregion/coronavirus-fraud-masks-new-york.html. The city’s first COVID death “A COVID-19 Day of Remembrance,” NYC.gov, March 14, 2021, https://www1.nyc.gov/assets/covidmemorial/. And in just two weeks Kif Leswing, “New York City Death Toll Passes 1,000, Coronavirus Expected to Cripple US Auto Sales,” CNBC, April 1, 2020, https://www.cnbc.com/2020/03/31/coronavirus-latest-updates.html. In a press briefing that day PIX11 Web Team, “Latest Coronavirus Updates in New York: Wednesday, April 1, 2020,” PIX11, April 1, 2020, https://pix11.com/news/coronavirus/latest-coronavirus-updates-in-new-york-wednesday-april-1-2020/.

Into a Gunfight with a Box of Tissues He downplayed the virus Katie Cox, “President Trump Thinks Coronavirus Will ‘Miraculously’ Go Away When the Weather Warms Up,” WRTV, February 12, 2020, https://www.wrtv.com/news/national-politics/president-trump-thinks-coronavirus-will-miraculously-go-away-when-the-weather-warms-up. the World Health Organization coined the name “Naming the Coronavirus Disease (COVID-19) and the Virus That Causes It,” World Health Organization, February 11, 2020, https://www.who.int/emergencies/diseases/novel-coronavirus-2019/technical-guidance/naming-the-coronavirus-disease-(covid-2019)-and-the-virus-that-causes-it. He said the risk was “relatively low” “Straight from the Source: Experts Discuss Novel Coronavirus: Aspen Ideas,” Aspen Ideas Festival, February 12, 2020, https://www.aspenideas.org/podcasts/straight-from-the-source-experts-discuss-novel-coronavirus.


pages: 432 words: 143,491

Failures of State: The Inside Story of Britain's Battle With Coronavirus by Jonathan Calvert, George Arbuthnott

Boeing 747, Boris Johnson, Brexit referendum, Bullingdon Club, centre right, collapse of Lehman Brothers, contact tracing, contact tracing app, coronavirus, COVID-19, data science, disinformation, Dominic Cummings, Donald Trump, Etonian, gig economy, global pandemic, high-speed rail, Jeremy Corbyn, Kickstarter, lockdown, nudge unit, open economy, Rishi Sunak, Ronald Reagan, Skype, social distancing, zoonotic diseases

‘UK has plans to deal with pandemic causing up to 315,000 deaths’, Guardian, 6 March 2020. 2. ‘Coronavirus: Did the government get it wrong?’, Dispatches, Channel 4, 3 June 2020. 3. Ibid. 8: Herd Immunity 1. ‘Boris Johnson heckled during visit to flood-hit Bewdley’, The Times, 8 March 2020. 2. ‘Coronavirus: Did the government get it wrong?’, Dispatches, Channel 4, 3 June 2020. 3. Ibid. 4. ‘Coronavirus: Care home residents could be “cocooned”’, BBC News, 11 March 2020. 5. ‘Haunted, exhausted and under attack as coronavirus death toll doubles’, The Sunday Times, 15 March 2020. 6. ‘Coronavirus: Did the government get it wrong?’

‘Special Report: Into the fog – How Britain lost track of the coronavirus’, Reuters, 29 June 2020. 8. ‘Rory Stewart interview: Deploy the army to combat coronavirus’, Joe, 12 March 2020. 9. ‘Coronavirus: Did the government get it wrong?’, Dispatches, Channel 4, 3 June 2020. 10. Ibid. 11. Ibid. 12. ‘How the alarm went off too late in Britain’s virus response’, Bloomberg, 24 April 2020. 9: Dither 1. ‘Public request to take stronger measures of social distancing across the UK with immediate effect’, 14 March 2020. 2. ‘Inside Westminster’s coronavirus blame game’, Financial Times, 16 July 2020. 3. ‘Coronavirus: Did the government get it wrong?’

‘How the future PM, Boris Johnson, and NHS boss, Simon Stevens, formed an unlikely bond at Oxford’, Telegraph, 7 August 2019. 5. ‘Coronavirus: Did the government get it wrong?’, Dispatches, Channel 4, 3 June 2020. 6. Ibid. 7. Ibid. 8. Ibid. 10: Disaster 1. ‘Coronavirus crisis: Sickness, fear and now isolation for Boris Johnson’, The Sunday Times, 29 March 2020. 2. ‘NHS staff feel like “cannon fodder” over lack of coronavirus protection’, Guardian, 22 March 2020. 3. ‘“No surprise” Boris Johnson got coronavirus when he failed to “practise what he preached”, scientists say’, Evening Standard, 28 March 2020. 4. ‘Coronavirus: Doctors “told not to discuss PPE shortages”’, BBC News, 15 May 2020. 5.


pages: 361 words: 110,233

The Viral Underclass: The Human Toll When Inequality and Disease Collide by Steven W. Thrasher

Affordable Care Act / Obamacare, Bernie Sanders, Black Lives Matter, California gold rush, carbon footprint, Chelsea Manning, clean water, contact tracing, coronavirus, COVID-19, critical race theory, crowdsourcing, David Graeber, deindustrialization, Donald Trump, drug harm reduction, East Village, Edward Jenner, ending welfare as we know it, European colonialism, Ferguson, Missouri, food desert, gentrification, George Floyd, global pandemic, informal economy, lockdown, Louis Pasteur, mandatory minimum, mass incarceration, means of production, medical bankruptcy, moral panic, Naomi Klein, obamacare, opioid epidemic / opioid crisis, peak TV, pill mill, QR code, RAND corporation, Ronald Reagan, San Francisco homelessness, Saturday Night Live, Scramble for Africa, Silicon Valley, social distancing, the built environment, transatlantic slave trade, transcontinental railway, Upton Sinclair, War on Poverty, white flight, working poor

on January 20, 2020: Victor Cha, “A Timeline of South Korea’s Response to COVID-19,” Center for Strategic and International Studies, March 27, 2020, https://www.csis.org/analysis/timeline-south-koreas-response-covid-19; “CDC Museum COVID-19 Timeline,” time line, CDC, August 14, 2021, https://www.cdc.gov/museum/timeline/covid19.html#:~:text=January%2020%2C%202020%20CDC,18%20in%20Washington%20state. 909 daily cases on February 29: Hyonhee Shin, “South Korea Reports Fewest New Coronavirus Cases Since February 29 Peak,” Reuters, March 22, 2020, https://www.reuters.com/article/us-health-coronavirus-southkorea-toll/south-korea-reports-fewest-new-coronavirus-cases-since-february-29-peak-idUSKBN21A043. 13,000 confirmed cases: “South Korea Coronavirus Cases,” graph, Worldometer, n.d., https://www.worldometers.info/coronavirus/country/south-korea/. 130,000 confirmed deaths: “Coronavirus Disease 2019 (COVID-19) Cases in the US,” CDC, https://covid.cdc.gov/covid-data-tracker/#cases_casesper100klast7days.

: Black Lives Matter Protestors Confront Clinton at South Carolina Fundraiser,” Salon, February 25, 2016, https://www.salon.com/2016/02/25/im_not_a_superpredator_hillary_black_lives_matter_protestors_crash_clinton_south_carolina_fundraiser/. New York Times’s coronavirus tracker: “Coronavirus in the U.S.: Latest Map and Case Count,” graph, New York Times, last modified January 14, 2021, https://drive.google.com/file/d/12YyqzSOp5H8TnCsZ8QWqQl3crCui0Yc3/view?usp=sharing and https://www.nytimes.com/interactive/2020/us/coronavirus-us-cases.html#hotspots. Democratic governor Gavin Newsom: “Coronavirus in the U.S.: Latest Map and Case Count,” New York Times, https://www.nytimes.com/interactive/2020/us/coronavirus-us-cases.html#hotspots. firefighters to smother such blazes: Dale Kasler et al., “Can California Handle This Many Wildfires at Once?

culture that is deeply homophobic: Patrick Strudwick, “LGBTQ People Have Become the New Scapegoats for the Coronavirus,” BuzzFeed, May 13, 2020, https://www.buzzfeed.com/patrickstrudwick/coronavirus-lgbtq-scapegoats-south-korea-uganda-hungary. was infectious or gay: Victoria Kim, “One of South Korea’s Most Reviled Criminal Defendants: A College Student with Covid Who Lied to Contact Tracers,” Los Angeles Times, August 28, 2020, https://www.latimes.com/world-nation/story/2020–08–28/jailed-for-a-coronavirus-lie-south-korea-brings-the-hammer-down-on-coronavirus-prosecutions. two additional years in prison: Josh Smith, “S Korean Accused of Lying to Covid-19 Investigators Sent to Jail,” Al Jazeera, October 8, 2020, https://www.aljazeera.com/news/2020/10/8/s-korean-accused-of-lying-to-covid-19-investigators-sent-to-jail.


pages: 391 words: 112,312

The Plague Year: America in the Time of Covid by Lawrence Wright

"World Economic Forum" Davos, 2021 United States Capitol attack, Affordable Care Act / Obamacare, Bernie Sanders, Black Lives Matter, Black Monday: stock market crash in 1987, blockchain, business cycle, contact tracing, coronavirus, COVID-19, cryptocurrency, Donald Trump, Edward Jenner, fake news, full employment, George Floyd, global pandemic, Great Leap Forward, income inequality, jimmy wales, Kickstarter, lab leak, lockdown, Louis Pasteur, meta-analysis, mouse model, Nate Silver, opioid epidemic / opioid crisis, plutocrats, QAnon, RAND corporation, road to serfdom, Ronald Reagan, Silicon Valley, social distancing, Steve Bannon, the scientific method, TikTok, transcontinental railway, zoonotic diseases

To their credit, Shi and Daszak have been warning for years that new pandemics could emerge from the bat caves of southern China. However, Shi has downplayed the likelihood that the miners who died in 2012 were infected by a coronavirus, claiming that they were sickened by a fungus that caused pneumonia. And yet her own lab had discovered the coronavirus antibodies in the miners. The doctor who treated them listed the probable cause of death as a SARS-like coronavirus from a horseshoe bat. * * * — There is another scenario that might account for the precocious adaptability of the coronavirus in humans. There is an experiment called “gain of function.” Suppose you have an animal virus that is potentially deadly but not yet contagious in humans.

in more than fifty years: Transcript for CDC Media Telebriefing: Update on 2019 Novel Coronavirus (2019-nCoV), Jan. 31, 2020. “The best way”: Bill Chappell, “Coronavirus: CDC Puts Americans Who Left Wuhan Into ‘Unprecedented’ 14-Day Quarantine,” NPR, Jan. 31, 2020. 6. “IT’S COMING TO YOU” “the fastest we’ve ever”: Rebecca Ballhaus and Stephanie Armour, “Health Chief’s Early Missteps Set Back Coronavirus Response,” Wall Street Journal, April 22, 2020. Azar denies the quote. German test: Peter Whoriskey and Neena Satija, “Coronavirus: German company developed 1.4m tests in six weeks while US production stalled,” Independent, Mar. 17, 2020.

fewer than 500: Julie Steenhuysen, Andrew Hay, and Brad Brooks, “Mixed messages, test delays hamper U.S. coronavirus response,” Reuters, Feb. 27, 2020. 1.6 million per week: “Scoop: Lab for coronavirus test kits may have been contaminated,” Axios, March 1, 2020. “filthy”: Interview with FDA officials. Sheila Kaplan, “C.D.C. Labs Were Contaminated, Delaying Coronavirus Testing, Officials Say,” New York Times, May 7, 2020. “When Dr. Stenzel”: FDA: “Regulatory history of CDC’s molecular diagnostic test for SARS-CoV-2,” draft, Dec. 1, 2020. Biogen: Sarah Kaplan and Chris Mooney, “Genetic data show how a single superspreading event sent coronavirus across Massachusetts and the nation,” Washington Post, Aug. 25, 2020; Emma Brown, “A look inside coronavirus preparations at a major U.S. hospital,” Washington Post, March 9, 2020; “Second Presumptive Positive Case Identified by Massachusetts State Laboratory,” Massachusetts Department of Health, March 5, 2020.


pages: 199 words: 63,844

Breathtaking: Inside the NHS in a Time of Pandemic by Rachel Clarke

Airbnb, Boris Johnson, call centre, contact tracing, coronavirus, COVID-19, disruptive innovation, Dominic Cummings, Donald Trump, global pandemic, lockdown, social distancing, zero-sum game

Archer, B., ‘Boris Johnson braves coronavirus outbreak with pregnant fiancée to support England’, Daily Express, 8 March 2020. Peston, R., ‘British government wants UK to acquire coronavirus “herd immunity” ’, ITV News, 12 March 2020. Hunt, J., quoted in ‘Coronavirus: UK measures defended after criticism’, BBC News, 13 March 2020. ‘Has the Government Failed the NHS?’ BBC Panorama, 8 April 2020. A Long Deep Breath Bostridge, M., Florence Nightingale: The Woman and Her Legend (London: Penguin, 2020). Horton, R., ‘Scientists have been sounding the alarm on coronavirus for months. Why did Britain fail to act?’

., ‘Covid-19 and the Stiff Upper Lip – The Pandemic Response in the United Kingdom’, New England Journal of Medicine, 16 April 2020. Dunhill, L., ‘Critical care unit overwhelmed by coronavirus patients’, Health Service Journal, 20 March 2020. Jones, D., https://twitter.com/WelshGasDoc/status/1241083898999771137, 20 March 2020. Campbell, D., et al., ‘London hospitals struggle to cope with coronavirus surge’, Guardian, 20 March 2020. Hopson, C., ‘Confronting coronavirus in the NHS: The story so far’, NHS Providers, 15 April 2020. Cook, T., ‘I’m an ICU doctor. The NHS isn’t ready for the coronavirus crisis’, Guardian, 3 March 2020. COVID-19 Hospital Discharge Service Requirements, HM Government, 19 March 2020.

In medicine, a name is the first step towards controlling the menace of a new threat to life, even if all that is really achieved is a linguistic illusion of control. The WHO assigns the newest member of the coronavirus family the name SARS-CoV-2, which stands for ‘severe acute respiratory syndrome coronavirus 2.’ The infectious disease to which the virus gives rise is itself termed, with equal blandness, COVID-19, which refers to ‘coronavirus disease 2019’. These are uninspiring monikers – and deliberately so. Medical history is littered with examples of disease names that inadvertently insult or stigmatise people, places or animals.


pages: 1,072 words: 237,186

How to Survive a Pandemic by Michael Greger, M.D., FACLM

"Hurricane Katrina" Superdome, Anthropocene, coronavirus, COVID-19, data science, double helix, Edward Jenner, friendly fire, global pandemic, global supply chain, global village, Helicobacter pylori, inventory management, Kickstarter, lockdown, mass immigration, megacity, meta-analysis, New Journalism, out of africa, Peace of Westphalia, phenotype, profit motive, RAND corporation, randomized controlled trial, Ronald Reagan, Saturday Night Live, social distancing, statistical model, stem cell, supply-chain management, the medium is the message, Westphalian system, Y2K, Yogi Berra, zoonotic diseases

Receptor recognition by the novel coronavirus from Wuhan: an analysis based on decade-long structural studies of SARS coronavirus. J Virol. 94(7):e00127–20. https://doi.org/10.1128/JVI.00127-20. 42. Wan Y, Shang J, Graham R, Baric RS, Li F. 2020. Receptor recognition by the novel coronavirus from Wuhan: an analysis based on decade-long structural studies of SARS coronavirus. J Virol. 94(7):e00127–20. https://doi.org/10.1128/JVI.00127-20. 43. Hu B, Zeng LP, Yang XL, Ge XY, Zhang W, Li B, Xie JZ, Shen XR, Zhang YZ, Wang N, et al. 2017. Discovery of a rich gene pool of bat SARS-related coronaviruses provides new insights into the origin of SARS coronavirus. PLoS Pathog. 13(11):e1006698. https://doi.org/10.1371/journal.ppat.1006698. 44.

Six weeks into the 2019 coronavirus disease (COVID-19) outbreak—it is time to consider strategies to impede the emergence of new zoonotic infections. Chin Med J (Engl). [accessed 2020 Mar 28]. https://doi.org/10.1097/CM9.0000000000000760. 87. Westcott B, Deng S. 2020 Mar 5. China has made eating wild animals illegal after the coronavirus outbreak. But ending the trade won’t be easy. CNN; [accessed 2020 Apr 8]. https://www.cnn.com/2020/03/05/asia/china-coronavirus-wildlife-consumption-ban-intl-hnk/index.html. 88. Loeb J. 2020. China bans sale of wildlife following coronavirus. Vet Record. 186(5):144–145. http://dx.doi.org/10.1136/vr.m495. 89.

[accessed 2020 Mar 31]. https://www.who.int/dg/speeches/detail/who-director-general-s-opening-remarks-at-the-media-briefing-on-covid-19—16-march-2020. 2678. Normile D. 2020 Mar 17. Coronavirus cases have dropped sharply in South Korea. What’s the secret to its success? Science. [accessed 2020 Mar 31]. https://doi.org/10.1126/science.abb7566. 2679. Khazan O. 2020 Mar 13. The 4 key reasons the U.S. is so behind on coronavirus testing. The Atlantic. [accessed 2020 Mar 31]; https://www.theatlantic.com/health/archive/2020/03/why-coronavirus-testing-us-so-delayed/607954/. 2680. Meyer R, Madrigal AC. 2020 Mar 6. Exclusive: the strongest evidence yet that America is botching coronavirus testing. The Atlantic. [accessed 2020 Mar 31]; https://www.theatlantic.com/health/archive/2020/03/how-many-americans-have-been-tested-coronavirus/607597/. 2681.


pages: 368 words: 106,185

A Shot to Save the World: The Inside Story of the Life-Or-Death Race for a COVID-19 Vaccine by Gregory Zuckerman

"World Economic Forum" Davos, Albert Einstein, blockchain, Boris Johnson, contact tracing, coronavirus, COVID-19, diversified portfolio, Donald Trump, double helix, Edward Jenner, future of work, Recombinant DNA, ride hailing / ride sharing, Silicon Valley, sovereign wealth fund, stealth mode startup, stem cell, Steve Jobs, TikTok, Travis Kalanick, WeWork

World Health Organization, “WHO Coronavirus (COVID-19) Dashboard,” July 29, 2021, https://covid19.who.int/. 2. Julie Bosman, “A Ripple Effect of Loss: U.S. Covid Deaths Approach 500,000,” New York Times, February 21, 2021, https://www.nytimes.com/2021/02/21/us/coronavirus-deaths-us-half-a-million.html. 3. Thalia Beaty, Eugene Garcia, and Lisa Marie Pane, “U.S. Tops 4,000 Daily Deaths from Coronavirus for 1st Time,” Associated Press, January 8, 2021, https://apnews.com/article/us-coronavirus-death-4000-daily-16c1f136921c7e98ec83289942322ee4. 4. Carl Zimmer, “The Secret Life of a Coronavirus,” New York Times, February 26, 2021, https://www.nytimes.com/2021/02/26/opinion/sunday/coronavirus-alive-dead.html. 5.

.,” Wall Street Journal, February 25, 2020, https://www.wsj.com/articles/cdc-warns-it-expects-coronavirus-to-spread-in-u-s-11582653829. 14. Brianna Abbott, “Test Kits for Novel Coronavirus Hit a Snag in the U.S.,” Wall Street Journal, February 13, 2020, https://www.wsj.com/articles/test-kits-for-novel-coronavirus-hit-a-snag-in-the-u-s-11581565817. 15. Mike Esterl, “Flu Pandemic Is Declared—First Time in 41 Years,” Wall Street Journal, June 12, 2009, https://www.wsj.com/articles/SB124471165680705709; Jeremy Brown, “What Past Crises Tell Us About the Coronavirus,” Wall Street Journal, January 31, 2020, https://www.wsj.com/articles/what-past-crises-tell-us-about-the-coronavirus-11580403056.

Mike Esterl, “Flu Pandemic Is Declared—First Time in 41 Years,” Wall Street Journal, June 12, 2009, https://www.wsj.com/articles/SB124471165680705709; Jeremy Brown, “What Past Crises Tell Us About the Coronavirus,” Wall Street Journal, January 31, 2020, https://www.wsj.com/articles/what-past-crises-tell-us-about-the-coronavirus-11580403056. CHAPTER FIFTEEN 1. Leslie Brody, “Covid-19’s ‘Patient Zero’ in New York: What Life Is Like for the New Rochelle Lawyer,” Wall Street Journal, March 5, 2021, https://www.wsj.com/articles/covid-19s-patient-zero-what-life-is-like-for-the-new-york-lawyer-11614686401. 2. Gina Kolata, “How the Coronavirus Short-Circuits the Immune System,” New York Times, June 26, 2020, https://www.nytimes.com/2020/06/26/health/coronavirus-immune-system.html. 3. Pam Belluck, “What Does the Coronavirus Do to the Body?” New York Times, March 26, 2020, https://www.nytimes.com/article/coronavirus-body-symptoms.html. 4.


pages: 266 words: 80,273

Covid-19: The Pandemic That Never Should Have Happened and How to Stop the Next One by Debora MacKenzie

Anthropocene, anti-globalists, butterfly effect, Citizen Lab, contact tracing, coronavirus, COVID-19, creative destruction, crowdsourcing, dark matter, Donald Trump, European colonialism, gig economy, global supply chain, income inequality, Just-in-time delivery, lockdown, machine translation, megacity, meta-analysis, microcredit, planetary scale, reshoring, social distancing, supply-chain management, TED Talk, uranium enrichment, zoonotic diseases

Authorities later… enforced: Josephine Ma and Zhuang Pinghui, “5 million left Wuhan before lockdown, 1,000 new coronavirus cases expected in city,” South China Morning Post, January 26, 2020, www.scmp.com/news/china/society/article/3047720/chinese-premier-li-keqiang-head-coronavirus-crisis-team-outbreak. 23. Chris Dye… the 23rd: Huaiyu Tian, et al., “An investigation of transmission control measures during the first 50 days of the COVID-19 epidemic in China,” Science, March 31, 2020, doi.org/10.1126/science.abb6105. 24. My first… global: Debora MacKenzie, “New coronavirus looks set to cause a pandemic—how do we control it?” January 29, 2020, www.newscientist.com/article/2231864-new-coronavirus-looks-set-to-cause-a-pandemic-how-do-we-control-it. 25.

The quote is slightly different in its other iteration from October 1960. 3. Covid-19… November 2019: Josephine Ma, “Coronavirus: China’s first confirmed Covid-19 case traced back to November 17.” 4. Secrecy… Tufekci: Zeynep Tufekci, “How the coronavirus revealed authoritarianism’s fatal flaw,” The Atlantic, February 22, 2020, www.theatlantic.com/technology/archive/2020/02/coronavirus-and-blindness-authoritarianism/606922. 5. by January 20th… China: James Kynge, Sun Yu, and Tom Hancock, “Coronavirus: the cost of China’s public health cover-up.” 6. I wrote… funding: Debora MacKenzie, “Can we afford not to track deadly viruses?”

Yet many… hit: Mike Stobbe, “Health official says US missed some chances to slow virus,” Associated Press, May 1, 2020, apnews.com/a758f05f337736e93dd0c280deff9b10. 13. The virus is… for war: Gary P. Pisano, Raffaella Sadun, and Michele Zanini, “Lessons from Italy’s response to coronavirus,” Harvard Business Review, March 27, 2020, hbr.org/2020/03/lessons-from-italys-response-to-coronavirus. 14. Some experts… meltdown too: Adam Tooze, “How coronavirus almost brought down the global financial system,” Guardian, April 14, 2020, www.theguardian.com/business/2020/apr/14/how-coronavirus-almost-brought-down-the-global-financial-system. 15. shut down… ever known: Christopher J. Fettweis, “Unipolarity, hegemony, and the new peace,” Security Studies 26, no. 3 (August 2017): 423–51, doi.org/10.1080/09636412.2017.1306394. 16.


pages: 236 words: 73,008

Deadly Quiet City: True Stories From Wuhan by Murong Xuecun

Boris Johnson, citizen journalism, coronavirus, COVID-19, Deng Xiaoping, disinformation, Donald Trump, fake news, global pandemic, lockdown, megacity, Ponzi scheme, QR code, social distancing, TikTok

A kind old doctor tells them, ‘The whole building is full of novel coronavirus patients. Your father probably has TB but that’s not immediately fatal. The novel coronavirus is much more dangerous because it would be over in a few days if he were infected. Best take him home.’ Later, Liu Xiaoxiao learns that the doctor was not telling the truth, because on an upper floor in the hospital is a secret ward that admits patients with illnesses like Liu Shiyu’s. As he carries his father out of the hospital, he thinks: ‘Maybe it would be better if my father really had the novel coronavirus, because at least then he would be looked after.’

A pre-print of an article released by scientists in Guangzhou and Wuhan concludes that it’s unlikely the virus got into humans from the seafood market: ‘In summary, somebody was entangled with the evolution of 2019-nCoV coronavirus. In addition to origins of natural recombination and intermediate host, the killer coronavirus probably originated from a laboratory in Wuhan.’ The article is quickly removed. Xi announces the fast-tracking of a new law for ‘biosecurity at laboratories’ specifically targeting the use of biological agents that ‘may harm national security’. The next day, the Chinese Ministry of Science and Technology publishes a new directive strengthening biosecurity in labs that ‘handle advanced viruses like the novel coronavirus’. A thorough study by twenty-seven Chinese scientists is published in The Lancet re-examining forty-one cases admitted to hospital in the early stages of the outbreak, confirming that fourteen of them – including the first person diagnosed with SARS-CoV-2 on 1 December – had no contact with the seafood market and lived a long way from it.

It followed the eviction of hundreds of Africans from hotels and apartments after online rumours that they were spreading coronavirus. African ambassadors in Beijing band together to write a letter to China’s foreign ministry: ‘The singling out of Africans for compulsory testing and quarantine, in our view, has no scientific or logical basis and amounts to racism towards Africans in China.’ By 16 April, global infections exceed two million, with at least 130,000 deaths. Countries are calling on China to pay for damages arising from the coronavirus. Australian Foreign Minister Marise Payne calls for an independent global review of the origin and early handling of the coronavirus outbreak. Beijing sternly rejects Australia’s proposal, saying the idea disrespects ‘the Chinese people’s tremendous efforts and sacrifices’.


pages: 595 words: 143,394

Rigged: How the Media, Big Tech, and the Democrats Seized Our Elections by Mollie Hemingway

2021 United States Capitol attack, active measures, Affordable Care Act / Obamacare, Airbnb, Bernie Sanders, Big Tech, Black Lives Matter, coronavirus, corporate governance, COVID-19, critical race theory, defund the police, deplatforming, disinformation, Donald Trump, fake news, George Floyd, global pandemic, illegal immigration, inventory management, lab leak, lockdown, machine readable, Mahatma Gandhi, Mark Zuckerberg, military-industrial complex, obamacare, Oculus Rift, Paris climate accords, Ponzi scheme, power law, QR code, race to the bottom, Ronald Reagan, Silicon Valley, Snapchat, statistical model, tech billionaire, TikTok

Bill D’Agostino, “Study: Trump-Bashing Takes Up Majority of CNN’s Coronavirus Coverage,” NewsBusters, February 28, 2020, https://www.newsbusters.org/blogs/nb/bill-dagostino/2020/02/28/study-trump-bashing-takes-majority-cnns-coronavirus-coverage. 166. Peter Hessler, “How China Controlled the Coronavirus,” New Yorker, August 10, 2020, https://www.newyorker.com/magazine/2020/08/17/how-china-controlled-the-coronavirus. 167. Alexander Nazaryan, “ ‘They Know How to Keep People Alive’: Why China’s Coronavirus Response Is Better Than You Think,” Yahoo, March 13, 2020, https://www.yahoo.com/lifestyle/they-know-how-to-keep-people-alive-why-chinas-coronavirus-response-is-better-than-you-think-211702070.html. 168. Steven Lee Myers and Alissa J. Rubin, “Its Coronavirus Cases Dwindling, China Turns Focus Outward,” New York Times, March 18, 2020, https://www.nytimes.com/2020/03/18/world/asia/coronavirus-china-aid.html. 169.

Tyrone Beason, “Bernie Sanders and Joe Biden Spring to the Finish in Michigan Primary amid Coronavirus Crisis,” Los Angeles Times, March 9, 2020, https://www.latimes.com/politics/story/2020-03-09/sanders-biden-michigan-sprint-to-the-finish. 13. Scott Neuman, “Tom Hanks, Wife Rita Wilson Test Positive for Coronavirus,” National Public Radio, March 12, 2020, https://www.npr.org/2020/03/12/814807838/tom-hanks-wife-rita-wilson-test-positive-for-coronavirus; Jabari Young, “NBA Suspends Season Indefinitely after Utah Jazz Player Tests Positive for Coronavirus,” CNBC, March 12, 2020, https://www.cnbc.com/2020/03/12/coronavirus-nba-suspends-season-after-player-tests-positive.html; Taylore Telford and Thomas Heath, “U.S.

Airports for 2019 Novel Coronavirus,” Centers for Disease Control, January 17, 2020, https://www.cdc.gov/media/releases/2020/p0117-coronavirus-screening.html#:~:text=Starting%20January%2017%2C%202020%2C%20travelers,Los%20Angeles%20(LAX)%20airports. 108. Elizabeth Cohen, “Vaccine for New Chinese Coronavirus in the Works,” CNN, January 20, 2020, https://www.cnn.com/2020/01/20/health/coronavirus-nih-vaccine-development/index.html. 109. “CDC Emergency Operations Center Activations,” CDC, n.d., https://emergency.cdc.gov/recentincidents/. 110. Rebecca Ballhaus, “Trump Announces Coronavirus Taskforce,” Wall Street Journal, January 29, 2020, https://www.wsj.com/articles/trump-announces-coronavirus-task-force-11580359187. 111.


pages: 289 words: 86,165

Ten Lessons for a Post-Pandemic World by Fareed Zakaria

"there is no alternative" (TINA), 15-minute city, AlphaGo, An Inconvenient Truth, anti-fragile, Asian financial crisis, basic income, Bernie Sanders, Boris Johnson, butterfly effect, Capital in the Twenty-First Century by Thomas Piketty, car-free, carbon tax, central bank independence, clean water, cloud computing, colonial rule, contact tracing, coronavirus, COVID-19, Credit Default Swap, David Graeber, Day of the Dead, deep learning, DeepMind, deglobalization, Demis Hassabis, Deng Xiaoping, digital divide, Dominic Cummings, Donald Trump, Edward Glaeser, Edward Jenner, Elon Musk, Erik Brynjolfsson, failed state, financial engineering, Francis Fukuyama: the end of history, future of work, gentrification, George Floyd, gig economy, Gini coefficient, global pandemic, global reserve currency, global supply chain, green new deal, hiring and firing, housing crisis, imperial preference, income inequality, Indoor air pollution, invention of the wheel, Jane Jacobs, Jeff Bezos, Jeremy Corbyn, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Snow's cholera map, junk bonds, lockdown, Long Term Capital Management, low interest rates, manufacturing employment, Marc Andreessen, Mark Zuckerberg, Martin Wolf, means of production, megacity, Mexican peso crisis / tequila crisis, middle-income trap, Monroe Doctrine, Nate Silver, Nick Bostrom, oil shock, open borders, out of africa, Parag Khanna, Paris climate accords, Peter Thiel, plutocrats, popular capitalism, Productivity paradox, purchasing power parity, remote working, reserve currency, reshoring, restrictive zoning, ride hailing / ride sharing, Ronald Reagan, secular stagnation, Silicon Valley, social distancing, software is eating the world, South China Sea, Steve Bannon, Steve Jobs, Steven Pinker, Suez crisis 1956, TED Talk, the built environment, The Death and Life of Great American Cities, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, The Spirit Level, The Wealth of Nations by Adam Smith, Thomas L Friedman, Tim Cook: Apple, trade route, UNCLOS, universal basic income, urban planning, Washington Consensus, white flight, Works Progress Administration, zoonotic diseases

,” Politico, March 30, 2020, https://www.politico.com/news/2020/03/30/coronavirus-masks-trump-administration-156327. 30 faulty test kits: Eric Lipton et al., “The C.D.C. Waited ‘Its Entire Existence’ for This Moment. What Went Wrong?,” New York Times, June 3, 2020. 30 “Not the United States”: Selena Simmons-Duffin, “As States Reopen, Do They Have the Workforce They Need to Stop Coronavirus Outbreaks?,” NPR, June 18, 2020. 32 750 million people: Raymond Zhong and Paul Mozur, “To Tame Coronavirus, Mao-Style Social Control Blankets China,” New York Times, February 15, 2020, https://www.nytimes.com/2020/02/15/business/china-coronavirus-lockdown.html. 32 built two new hospitals: Lingling Wei, “China’s Coronavirus Response Toughens State Control and Weakens the Private Market,” Wall Street Journal, March 18, 2020. 32 restricting the publication: Nectar Gan, Caitlin Hu, and Ivan Watson, “Beijing Tightens Grip over Coronavirus Research, amid US-China Row on Virus Origin,” CNN, April 16, 2020, https://www.cnn.com/2020/04/12/asia/china-coronavirus-research-restrictions-intl-hnk/index.html. 33 dictatorships often mishandle: “Diseases Like Covid-19 Are Deadlier in Non-Democracies,” Economist, February 18, 2020. 33 respond to famines better: Amartya Sen, Development as Freedom (New York: Anchor, 1999), 16. 33 over $6 trillion: Andrew Van Dam, “The U.S.

Some countries locked down fully, while others—using their own epidemiologists and models—did not. What should we make of all this? The reality is that science does not yield one simple answer, especially not with a new phenomenon like the coronavirus. Fauci, the head of the National Institute of Allergy and Infectious Diseases, came to a reasonable conclusion given the initial evidence. Many scientists at first believed that the coronavirus was not a significant danger—but everyone was making quick judgments with little data. The novel coronavirus was just that, novel. Its transmission rates and lethality remained unclear. As the evidence changed, Fauci and others changed their minds. This is normal.

,” NPR, June 18, 2020. 32 750 million people: Raymond Zhong and Paul Mozur, “To Tame Coronavirus, Mao-Style Social Control Blankets China,” New York Times, February 15, 2020, https://www.nytimes.com/2020/02/15/business/china-coronavirus-lockdown.html. 32 built two new hospitals: Lingling Wei, “China’s Coronavirus Response Toughens State Control and Weakens the Private Market,” Wall Street Journal, March 18, 2020. 32 restricting the publication: Nectar Gan, Caitlin Hu, and Ivan Watson, “Beijing Tightens Grip over Coronavirus Research, amid US-China Row on Virus Origin,” CNN, April 16, 2020, https://www.cnn.com/2020/04/12/asia/china-coronavirus-research-restrictions-intl-hnk/index.html. 33 dictatorships often mishandle: “Diseases Like Covid-19 Are Deadlier in Non-Democracies,” Economist, February 18, 2020. 33 respond to famines better: Amartya Sen, Development as Freedom (New York: Anchor, 1999), 16. 33 over $6 trillion: Andrew Van Dam, “The U.S.


pages: 735 words: 165,375

The Survival of the City: Human Flourishing in an Age of Isolation by Edward Glaeser, David Cutler

Affordable Care Act / Obamacare, agricultural Revolution, Alvin Toffler, Andrei Shleifer, autonomous vehicles, basic income, Big bang: deregulation of the City of London, Big Tech, Black Lives Matter, British Empire, business cycle, buttonwood tree, call centre, carbon footprint, Cass Sunstein, classic study, clean water, collective bargaining, Columbian Exchange, contact tracing, Corn Laws, Cornelius Vanderbilt, coronavirus, COVID-19, crack epidemic, defund the police, deindustrialization, Deng Xiaoping, desegregation, discovery of penicillin, Donald Trump, Edward Glaeser, Elisha Otis, Fellow of the Royal Society, flying shuttle, future of work, Future Shock, gentrification, George Floyd, germ theory of disease, global pandemic, global village, hiring and firing, Home mortgage interest deduction, Honoré de Balzac, income inequality, industrial cluster, James Hargreaves, Jane Jacobs, Jevons paradox, job automation, jobless men, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Snow's cholera map, knowledge worker, lockdown, Louis Pasteur, Mahatma Gandhi, manufacturing employment, mass incarceration, Maui Hawaii, means of production, megacity, meta-analysis, new economy, New Urbanism, Occupy movement, opioid epidemic / opioid crisis, out of africa, place-making, precautionary principle, RAND corporation, randomized controlled trial, remote working, Richard Florida, Salesforce, Saturday Night Live, Silicon Valley, Skype, smart cities, social distancing, Socratic dialogue, spinning jenny, superstar cities, Tax Reform Act of 1986, tech baron, TED Talk, The Death and Life of Great American Cities, The Wealth of Nations by Adam Smith, TikTok, trade route, union organizing, universal basic income, Upton Sinclair, urban planning, working poor, Works Progress Administration, zero-sum game, zoonotic diseases

Ardern and Bloomfield did: Cheng, “Covid 19 Coronavirus: Prime Minister Jacinda Ardern’s D-Day Decision Already Made for Her.” Visits to sit-down restaurants: Glaeser et al., “Learning from Deregulation.” 100,000 COVID-19 cases by June 22: “Florida Coronavirus Map and Case Count,” The New York Times. on June 26: Tisch et al., “Florida Suspends Drinking at Bars.” grown to 250,000: “Florida Coronavirus Map and Case Count.” on July 6: Selig and Vazquez, “Miami-Dade Closing Indoor Dining amid Coronavirus Spike; Gyms Can Now Stay Open.” half a million Floridians: “Florida Coronavirus Map and Case Count.”

“Contamination at CDC Lab Delayed Rollout of Coronavirus Tests.” The Washington Post, April 18, 2020. www.washingtonpost.com/investigations/contamination-at-cdc-lab-delayed-rollout-of-coronavirus-tests/2020/04/18/fd7d3824-7139-11ea-aa80-c2470c6b2034_story.html. Wilson, Chris. “These Graphs Show How COVID-19 Is Ravaging New York City’s Low-Income Neighborhoods.” Time, April 15, 2020. https://time.com/5821212/coronavirus-low-income-communities. Wilson, Michael. “Coronavirus in N.Y.C.: Eerie Streetscapes Are Stripped of Commerce.” The New York Times, March 21, 2020. www.nytimes.com/2020/03/21/nyregion/coronavirus-empty-nyc.html.

Accessed December 26, 2020. www.who.int/westernpacific/news/feature-stories/detail/new-zealand-takes-early-and-hard-action-to-tackle-covid-19. ———. “Novel Coronavirus—China.” January 12, 2020. www.who.int/csr/don/12-january-2020-novel-coronavirus-china/en. ———. “Novel Coronavirus—Thailand (Ex-China).” Accessed January 17, 2021. www.who.int/csr/don/14-january-2020-novel-coronavirus-thailand-ex-china/en. ——— (@WHO). “Preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel #coronavirus (2019-nCoV) identified in #Wuhan, #China.” Twitter, January 14, 2020, 6:18 a.m. https://twitter.com/WHO/status/1217043229427761152. ———.


pages: 407 words: 108,030

How to Talk to a Science Denier: Conversations With Flat Earthers, Climate Deniers, and Others Who Defy Reason by Lee McIntyre

2021 United States Capitol attack, Affordable Care Act / Obamacare, Alfred Russel Wallace, An Inconvenient Truth, Boris Johnson, carbon credits, carbon tax, Climategate, cognitive bias, cognitive dissonance, coronavirus, correlation does not imply causation, COVID-19, crisis actor, different worldview, disinformation, Donald Trump, Dunning–Kruger effect, en.wikipedia.org, Eratosthenes, experimental subject, fake news, false flag, green new deal, Higgs boson, Intergovernmental Panel on Climate Change (IPCC), lockdown, Mark Zuckerberg, Michael Shellenberger, obamacare, off-the-grid, Paris climate accords, post-truth, precautionary principle, Recombinant DNA, Richard Feynman, scientific mainstream, selection bias, social distancing, sovereign wealth fund, stem cell, Steven Levy, the scientific method, University of East Anglia, Upton Sinclair, Virgin Galactic, WikiLeaks

Emma Reynolds, “Some Anti-vaxxers Are Changing Their Minds Because of the Coronavirus Pandemic,” CNN, April 20, 2020, https://www.cnn.com/2020/04/20/health/anti-vaxxers-coronavirus-intl/index.html; Jon Henley, “Coronavirus Causing Some Anti-vaxxers to Waver, Experts Say,” Guardian, April 21, 2020, https://www.theguardian.com/world/2020/apr/21/anti-vaccination-community-divided-how-respond-to-coronavirus-pandemic; Victoria Waldersee, “Could the New Coronavirus Weaken ‘Anti-vaxxers’?” Reuters, April 11, 2020, https://www.reuters.com/article/us-health-coronavirus-antivax/could-the-new-coronavirus-weaken-anti-vaxxers-idUSKCN21T089. 4    Close Encounters with Climate Change Climate change denial represents the biggest, most important case of science denial in our time.

Emma Reynolds, “Some Anti-vaxxers Are Changing Their Minds because of the Coronavirus Pandemic,” CNN, April 20, 2020, https://www.cnn.com/2020/04/20/health/anti-vaxxers-coronavirus-intl/index.html; Jon Henley, “Coronavirus Causing Some Anti-vaxxers to Waver, Experts Say,” Guardian, April 21, 2020, https://www.theguardian.com/world/2020/apr/21/anti-vaccination-community-divided-how-respond-to-coronavirus-pandemic; Victoria Waldersee, “Could the New Coronavirus Weaken ‘Anti-vaxxers’?” Reuters, April 11, 2020, https://www.reuters.com/article/us-health-coronavirus-antivax/could-the-new-coronavirus-weaken-anti-vaxxers-idUSKCN21T089. 18. Andrew E. Kramer, “Russia Sets Mass Vaccinations for October After Shortened Trial,” New York Times, August 2, 2020, https://www.nytimes.com/2020/08/02/world/europe/russia-trials-vaccine-October.html. 19.

An even more fine-grained analysis has revealed that there was a correlation between specific Fox News programming and the prevalence of coronavirus cases and deaths. Zack Beauchamp, “A Disturbing New Study Suggests Sean Hannity’s Show Helped Spread the Coronavirus,” Vox, April 22, 2020, https://www.vox.com/policy-and-politics/2020/4/22/21229360/coronavirus-covid-19-fox-news-sean-hannity-misinformation-death. 13. Dan Diamond and Nahal Toosi, “Trump Team Failed to Follow NSC’s Pandemic Playbook,” Politico, March 25, 2020, https://www.politico.com/news/2020/03/25/trump-coronavirus-national-security-council-149285. 14. Sharon LaFraniere et al., “Scientists Worry About Political Influence over Coronavirus Vaccine Project,” New York Times, August 2, 2020, https://www.nytimes.com/2020/08/02/us/politics/coronavirus-vaccine.html 15.


pages: 304 words: 95,306

Duty of Care: One NHS Doctor's Story of the Covid-19 Crisis by Dr Dominic Pimenta

3D printing, Boris Johnson, cognitive dissonance, contact tracing, coronavirus, COVID-19, disinformation, Dominic Cummings, fake news, global pandemic, iterative process, lockdown, post-truth, Rubik’s Cube, school choice, Skype, social distancing, stem cell

Should we test her for coronavirus? I ask myself and decide yes. On the way back with the machine, I ask the nurses to collect a viral swab for the usual viruses, and another one for coronavirus. They aren’t sure how to do a swab for coronavirus. I suppose no one here has done it, and I don’t know if there’s a special bottle. I call microbiology. There’s no answer. Then I try virology, and after 12 rings, I get through to a registrar. “Yes?” “I was just wondering if we could test a patient up on the heart ward for coronavirus?” “Any travel?” “No, but . . . ” “Any coronavirus contacts?” “No, but . . . ” “She doesn’t meet the criteria.

That sixth patient never arrived and, fortunately, all of the five survived, but even that short run gave me a now all-too-familiar sinking feeling, as if we were being overrun. Five years ago, I saw the only other serious possible coronavirus patient I’d ever seen. She was a young lady, just off the plane from Qatar, who was feverish and barely able to breathe. She had suspected MERS (Middle East Respiratory Syndrome), a cousin of the coronavirus we’re now facing. A few years before that we’d had SARS (Severe Acute Respiratory Syndrome, also a type of coronavirus) scares when we were travelling in Bali. But these incidents simply became touchstones of interest, isolated cases and potential diagnoses to learn from.

The last thing we should be doing is discouraging people from identifying to health professionals that they have suspected coronavirus and hiding them in the community. I tweet along these lines on one of my commutes to work, a brisk chilly run to the station and then 30 minutes down the Piccadilly line. Swiping through my Twitter feed, something catches my eye. In the replies I find a recurring theme, with people dismissing coronavirus entirely as “just flu” and declaring everything else “media hysteria”. Up until that point I haven’t really looked hard at the research around the “Wuhan coronavirus”. Trying to catch the tube Wi-Fi, I spend the journey trawling the literature, trying to answer the question: is it worse than everyday annual flu?


pages: 349 words: 99,230

Essential: How the Pandemic Transformed the Long Fight for Worker Justice by Jamie K. McCallum

Affordable Care Act / Obamacare, American Legislative Exchange Council, Anthropocene, antiwork, Bear Stearns, Bernie Sanders, Black Lives Matter, carbon tax, cognitive dissonance, collective bargaining, company town, coronavirus, COVID-19, death from overwork, defund the police, deindustrialization, deskilling, Donald Trump, Elon Musk, future of work, George Floyd, gig economy, global pandemic, global supply chain, Great Leap Forward, green new deal, housing crisis, income inequality, independent contractor, invisible hand, Jeff Bezos, job automation, karōshi / gwarosa / guolaosi, labor-force participation, laissez-faire capitalism, lockdown, Loma Prieta earthquake, low-wage service sector, Lyft, manufacturing employment, market fundamentalism, minimum wage unemployment, moral hazard, Naomi Klein, occupational segregation, post-work, QR code, race to the bottom, remote working, rewilding, ride hailing / ride sharing, side hustle, single-payer health, social distancing, stock buybacks, strikebreaker, subprime mortgage crisis, TaskRabbit, The Great Resignation, the strength of weak ties, trade route, Triangle Shirtwaist Factory, Uber and Lyft, uber lyft, union organizing, Upton Sinclair, women in the workforce, working poor, workplace surveillance , Works Progress Administration, zoonotic diseases

Meagan Flynn, “They Lived in a Factory for 28 Days to Make Millions of Pounds of Raw PPE Materials to Help Fight Coronavirus,” Washington Post, April 23, 2020, www.washingtonpost.com/nation/2020/04/23/factory-masks-coronavirus-ppe/. 10. Katie Ferrari, “GE Workers Protest, Demand to Make Ventilators,” Labor Notes, April 13, 2020, https://labornotes.org/blogs/2020/04/ge-workers-protest-demand-make-ventilators. 11. Sarah Kliff et al., “There Aren’t Enough Ventilators to Cope with the Coronavirus,” New York Times, March 18, 2020, www.nytimes.com/2020/03/18/business/coronavirus-ventilator-shortage.html. 12. Yelena Dzhanova, “Trump Compelled These Companies to Make Critical Supplies, but Most of Them Were Already Doing It,” CNBC, April 3, 2020, www.cnbc.com/2020/04/03/coronavirus-trump-used-defense-production-act-on-these-companies-so-far.html. 13.

It Was Still a Success,” Vox, May 1, 2020, www.vox.com/recode/2020/5/1/21244151/may-day-strike-amazon-instacart-target-success-turnout-fedex-protest-essential-workers-chris-smalls; Michael Sainato, “Strikes Erupt as US Essential Workers Demand Protection amid Pandemic,” Guardian, May 19, 2020, www.theguardian.com/world/2020/may/19/strikes-erupt-us -essential-workers-demand-better-protection-amid-pandemic; Bridget Read, “Every Food and Delivery Strike Happening over Coronavirus,” The Cut, May 27, 2020, www.thecut.com/2020/05/whole-foods-amazon-mcdonalds-among-coronavirus-strikes.html; Daniel A. Medina, “As Amazon, Walmart, and Others Profit amid Coronavirus Crisis, Their Essential Workers Plan Unprecedented Strike,” The Intercept, April 28, 2020, https://theintercept.com/2020/04/28/coronavirus-may-1-strike-sickout-amazon-target-whole -foods/. 16. Tanya Modersitzki, “Perdue Farms Employees Walk Out After No Wage Increase amid COVID-19,” 41NBC News/WMGT-DT, March 23, 2020, www.41nbc.com/perdue-farms-employees-strike-no-wage-increase-amid-covid-19/. 17.

So bans on social gatherings, such as holiday and birthday parties, were among the most effective ways to limit coronavirus transmission.20 Yet, as the epidemiologist Justin Feldman notes, whites demonstrated they were the most likely to attend social gatherings, but they were among the least likely to contract the coronavirus.21 Boisterous invocations to social distancing bled easily into Facebook filters and Twitter hashtags like #staythefuckhome, messages that were amplified by dishonest political elites. In a November 2020 press conference, then governor of New York Andrew Cuomo placed the blame for a coronavirus surge on individual failings.22 “If you’re socially distant, and you wore a mask, and you were smart, none of this would be a problem.


pages: 700 words: 160,604

The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race by Walter Isaacson

"World Economic Forum" Davos, 23andMe, Albert Einstein, Alfred Russel Wallace, Anne Wojcicki, Apollo 13, Apple II, Asilomar, Asilomar Conference on Recombinant DNA, Bernie Sanders, Colonization of Mars, contact tracing, coronavirus, COVID-19, CRISPR, crowdsourcing, Dean Kamen, discovery of DNA, discovery of penicillin, double helix, Edward Jenner, Gregor Mendel, Hacker News, Henri Poincaré, iterative process, Joan Didion, linear model of innovation, Louis Pasteur, Mark Zuckerberg, microbiome, mouse model, Nick Bostrom, public intellectual, Recombinant DNA, seminal paper, Silicon Valley, Skype, stealth mode startup, stem cell, Steve Jobs, Steve Wozniak, Steven Levy, Steven Pinker, synthetic biology, the scientific method, Thomas Malthus, wikimedia commons

., “Inside the Coronavirus Testing Failure”; David Willman, “Contamination at CDC Lab Delayed Rollout of Coronavirus Tests,” Washington Post, Apr. 18, 2020. 4. JoNel Aleccia, “How Intrepid Lab Sleuths Ramped Up Tests as Coronavirus Closed In,” Kaiser Health News, Mar. 16, 2020. 5. Julia Ioffe, “The Infuriating Story of How the Government Stalled Coronavirus Testing,” GQ, Mar. 16, 2020; Boburg et al., “Inside the Coronavirus Testing Failure.” Greninger’s email to a friend is in the excellent Washington Post reconstruction. 6. Boburg et al., “Inside the Coronavirus Testing Failure”; Patrick Boyle, “Coronavirus Testing: How Academic Medical Labs Are Stepping Up to Fill a Void,” AAMC, Mar. 12, 2020. 7. Author’s interview with Eric Lander; Leah Eisenstadt, “How Broad Institute Converted a Clinical Processing Lab into a Large-Scale COVID-19 Testing Facility in a Matter of Days,” Broad Communications, Mar. 27, 2020.

., Neena Satija, and Amy Goldstein, “Inside the Coronavirus Testing Failure,” Washington Post, Apr. 3, 2020; Robert Baird, “What Went Wrong with Coronavirus Testing in the U.S.,” New Yorker, Mar. 16, 2020; Michael Shear, Abby Goodnough, Sheila Kaplan, Sheri Fink, Katie Thomas, and Noah Weiland, “The Lost Month: How a Failure to Test Blinded the U.S. to COVID-19,” New York Times, Mar. 28, 2020. 2. Kary Mullis, “The Unusual Origin of the Polymerase Chain Reaction,” Scientific American, Apr. 1990. 3. Boburg et al., “Inside the Coronavirus Testing Failure”; David Willman, “Contamination at CDC Lab Delayed Rollout of Coronavirus Tests,” Washington Post, Apr. 18, 2020. 4.

That meeting, which is the one described in the introduction of this book, was at 2 p.m. on Friday, March 13—the day after Doudna and her husband made their predawn drive to Fresno to retrieve their son from his robotics competition. SARS-CoV-2 The rapidly spreading new coronavirus had by then been given an official name: severe acute respiratory syndrome coronavirus 2, or SARS-CoV-2. It was so named because it was similar in its symptoms to the SARS coronavirus that spread out of China in 2003, infecting more than eight thousand people worldwide. The disease caused by the new virus was named COVID-19. Viruses are deceptively simple little capsules of bad news.I They are just a tiny bit of genetic material, either DNA or RNA, inside a protein shell.


pages: 106 words: 33,210

The COVID-19 Catastrophe: What's Gone Wrong and How to Stop It Happening Again by Richard Horton

Anthropocene, biodiversity loss, Boris Johnson, cognitive bias, contact tracing, coronavirus, COVID-19, Deng Xiaoping, disinformation, Dominic Cummings, Donald Trump, fake news, Future Shock, global pandemic, global village, Herbert Marcuse, informal economy, lockdown, nowcasting, Panopticon Jeremy Bentham, Peace of Westphalia, Slavoj Žižek, social distancing, South China Sea, zoonotic diseases

Four human coronaviruses cause only mild to moderate symptoms – NL63 (identified in the Netherlands in 2004), HKU1 (discovered in Hong Kong in 2005) and OC43 and 229E (both major causes of the common cold). But two coronaviruses pose much more serious threats to human health – Severe Acute Respiratory Syndrome coronavirus (SARS-CoV-1) and Middle-East Respiratory Syndrome coronavirus (MERS-CoV). Could the virus discovered in Wuhan be a seventh and also more dangerous type of coronavirus? The genetic code of the novel virus was quickly sequenced. Comparisons with existing viral genomes showed that it was closely related to a bat SARS-like strain. Those four letters – S-A-R-S – struck fear and not a little panic into Chinese health officials when the news arrived in Beijing.

., Early dynamics of transmission and control of COVID-19, Lancet Infectious Diseases, 11 March 2020. 6. Novel Coronavirus Pneumonia Emergency Response Epidemiology Team, The epidemiological characteristics of an outbreak of 2019 novel coronavirus diseases (COVID-19) – China 2020, China CDC Weekly, 2/8 (2020): 113–22. 7. Kiesha Prem et al., The effect of control strategies to reduce social mixing on outcomes of COVID-19 epidemic in Wuhan, China, Lancet Public Health, 25 March 2020. 8. Benjamin J. Cowling et al., Impact assessment of non-pharmaceutical interventions against coronavirus disease 2019 and influenza in Hong Kong, The Lancet, 17 April 2020. 9.

Because we can’t afford to fail again. We may not have a second chance. Notes 1. Chaolin Huang et al., Clinical features of patients infected with 2019 novel coronavirus in Wuhan, China, The Lancet, 24 January 2020. 2. Jasper Fuk-Woo Chan et al., A familial cluster of pneumonia associated with the 2019 novel coronavirus indicating person-to-person transmission, The Lancet, 24 January 2020. 3. Roujian Lu et al., Genomic characterisation and epidemiology of 2019 novel coronavirus: implications for virus origins and receptor binding, The Lancet, 29 January 2020. 4. Joseph T. Wu et al., Nowcasting and forecasting the potential domestic and international spread of the 2019-nCoV outbreak originating in Wuhan, China, The Lancet, 31 January 2020. 5.


pages: 601 words: 135,202

Limitless: The Federal Reserve Takes on a New Age of Crisis by Jeanna Smialek

Alan Greenspan, bank run, banking crisis, Bear Stearns, Berlin Wall, Bernie Sanders, bitcoin, Black Lives Matter, blockchain, Bretton Woods, business cycle, Capital in the Twenty-First Century by Thomas Piketty, central bank independence, Colonization of Mars, coronavirus, COVID-19, crowdsourcing, cryptocurrency, decarbonisation, distributed ledger, Donald Trump, Fall of the Berlin Wall, fiat currency, financial engineering, financial innovation, financial intermediation, Fractional reserve banking, full employment, George Akerlof, George Floyd, Glass-Steagall Act, global pandemic, Henri Poincaré, housing crisis, income inequality, inflation targeting, junk bonds, laissez-faire capitalism, light touch regulation, lockdown, low interest rates, margin call, market bubble, market clearing, meme stock, Modern Monetary Theory, money market fund, money: store of value / unit of account / medium of exchange, moral hazard, mortgage debt, Nixon shock, offshore financial centre, paradox of thrift, price stability, quantitative easing, race to the bottom, risk tolerance, Robinhood: mobile stock trading app, Ronald Reagan, secular stagnation, short squeeze, social distancing, sovereign wealth fund, The Great Moderation, too big to fail, trade route, Tragedy of the Commons, working-age population, yield curve

.: Princeton University Press. Cook, Nancy, and Matthew Choi. 2020. “Trump Rallies His Base to Treat Coronavirus as a ‘Hoax.’ ” Politico, February 28. Cooper, John Milton. 2021. “Woodrow Wilson.” Encyclopaedia Britannica, January 30. “Coronavirus: Armed Protesters Enter Michigan Statehouse.” 2020. BBC News, May 1. “Coronavirus, a Pavia 8 pazienti ricoverati al San Matteo: anche una coppia di medici.” 2020. Il Messaggero, February 22. https://www.ilmessaggero.it/italia/coronavirus_pavia_medici_contagiati_pieve_porto_morone_chignolo_po_cosa_sta_succedendo_22_febbraio_2020-5068178.html.

Preliminary Estimate of the Effects of H.R. 748, the CARES Act, Public Law 116–136, Revised, with Corrections to the Revenue Effect of the Employee Retention Credit and to the Modification of a Limitation on Losses for Taxpayers Other Than Corporations, April. https://www.cbo.gov/​system/​files/​2020-04/​hr748.pdf. Sykes, Jay B. 2020. “Section 4029 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Extension of the Federal Reserve’s Emergency-Lending Programs.” Coronavirus.house.gov, December 17. https://coronavirus.house.gov/​sites/​democrats.coronavirus.house.gov/​files/​Memo%20re%20CARES%20Act%20Section%204029.pdf. Tankersley, Jim, and Neil Irwin. 2019. “Trump’s Fury vs. Shaky Markets: Jerome Powell’s Balancing Act as Fed Chief.” New York Times, April 13.

“Warner Statement on the Economic Response to the Coronavirus.” Mark R. Warner, U.S. Senator, March 17. https://www.warner.senate.gov/​public/​index.cfm/​2020/​3/warner-statement-on-the-economic-response-to-the-coronavirus. Warren, Elizabeth. 2020a. “Senator Warren Unveils Legislation to De-Fund President’s Border Wall, Use Funds to Combat Coronavirus Outbreak.” Elizabeth Warren, U.S. Senator, February 27. https://www.warren.senate.gov/​newsroom/​press-releases/​senator-warren-unveils-legislation-to-de-fund-presidents-border-wall-use-funds-to-combat-coronavirus-outbreak. ——— . 2020b. “Any taxpayer assistance that goes to giant corporations must come with real strings attached to ensure the money is truly going to support the workforce through this crisis.”


pages: 82 words: 24,150

The Corona Crash: How the Pandemic Will Change Capitalism by Grace Blakeley

Anthropocene, asset-backed security, basic income, Big Tech, bond market vigilante , Bretton Woods, business cycle, capital controls, carbon tax, central bank independence, coronavirus, corporate governance, COVID-19, creative destruction, credit crunch, crony capitalism, debt deflation, decarbonisation, degrowth, deindustrialization, don't be evil, financial deregulation, Francis Fukuyama: the end of history, full employment, gig economy, global pandemic, global value chain, green new deal, Greenspan put, income inequality, informal economy, inverted yield curve, invisible hand, Jeff Bezos, liberal capitalism, light touch regulation, lockdown, low interest rates, Martin Wolf, Modern Monetary Theory, moral hazard, move fast and break things, Network effects, North Sea oil, Northern Rock, offshore financial centre, pensions crisis, Philip Mirowski, post-war consensus, price mechanism, quantitative easing, regulatory arbitrage, rent control, reshoring, Rishi Sunak, savings glut, secular stagnation, shareholder value, social distancing, structural adjustment programs, too big to fail, universal basic income, unorthodox policies, Washington Consensus, yield curve

Central bankers and politicians have staged unprecedented economic interventions, not to help the most vulnerable through this crisis, but to save capitalism from itself. The beneficiaries will be big business, big banks and powerful political interests. As the coronavirus unfolds in the UK, the Right is in power, and they are demanding that journalists, citizens and even health officials fall in line behind the government narrative. Questioning government policy – whether on monetary policy, statutory sick pay or welfare payments – is ‘politicising’ a public health crisis. The idea that the coronavirus crisis can be ‘politicised’ is to imply that it is not already an inherently political event. Of course, the outbreak of the virus was a natural event – though one that seems to have been prompted by unsustainable farming practices undertaken in the name of profit maximisation.13 But its economic impact, and, in particular, the distribution of costs, could not be more political.

Bangladesh announced several fiscal measures worth nearly $8 billion34 – or 2.5 per cent of the country’s GDP – but began to reopen many of its textile factories early to boost exports, potentially worsening the spread of the virus and putting workers’ lives in jeopardy. Over the long term, as the coronavirus crisis continues and the impact of climate breakdown begins to hit both nations, the favour of international investors will do little to help these states. The response to both crises will require a significant increase in government borrowing, potentially leading to a loss of confidence among notoriously fickle bond investors. But without significant increases in state spending, tens of thousands more people could be killed over the coming years by both coronavirus and the increasing frequency and severity of natural disasters associated with climate breakdown.

From the structural adjustment programmes of the 1980s to modern-day Greece, the long arm of the imperial creditor has been used many times to subject peripheral states to the discipline of capital. The coronavirus pandemic will only deepen these relationships of imperial extraction. 4 Reconstruction It is often said that, in the midst of a crisis, everyone is a socialist. With massive state intervention now the only thing standing between economies battered by the coronavirus pandemic and global economic meltdown, few politicians or economists are calling on governments to step back, let businesses fail, banks go bust and homeowners default on their mortgages – even if some countries have attempted to extricate themselves from lockdown and return to ‘business as usual’ before getting the virus under control.1 In normal times, neoliberals have a knee-jerk reaction against any interference in the operation of supposedly free, competitive markets.


pages: 506 words: 133,134

The Lonely Century: How Isolation Imperils Our Future by Noreena Hertz

"Friedman doctrine" OR "shareholder theory", Airbnb, airport security, algorithmic bias, Asian financial crisis, autism spectrum disorder, Bernie Sanders, Big Tech, big-box store, Broken windows theory, call centre, Capital in the Twenty-First Century by Thomas Piketty, car-free, Cass Sunstein, centre right, conceptual framework, Copley Medal, coronavirus, correlation does not imply causation, COVID-19, dark matter, deindustrialization, Diane Coyle, digital divide, disinformation, Donald Trump, driverless car, emotional labour, en.wikipedia.org, Erik Brynjolfsson, Evgeny Morozov, fake news, Fellow of the Royal Society, future of work, gender pay gap, gentrification, gig economy, Gordon Gekko, greed is good, Greta Thunberg, happiness index / gross national happiness, housing crisis, illegal immigration, independent contractor, industrial robot, Jane Jacobs, Jeff Bezos, Jeremy Corbyn, Jessica Bruder, job automation, job satisfaction, karōshi / gwarosa / guolaosi, Kevin Roose, knowledge economy, labor-force participation, lockdown, longitudinal study, low interest rates, low skilled workers, Lyft, Mark Zuckerberg, mass immigration, means of production, megacity, meta-analysis, move fast and break things, Network effects, new economy, Pepto Bismol, QWERTY keyboard, Ray Oldenburg, remote working, rent control, RFID, robo advisor, Ronald Reagan, Salesforce, San Francisco homelessness, Second Machine Age, Shoshana Zuboff, side hustle, Silicon Valley, Skype, Snapchat, social distancing, Social Responsibility of Business Is to Increase Its Profits, SoftBank, Steve Jobs, surveillance capitalism, TaskRabbit, tech worker, The Death and Life of Great American Cities, The Future of Employment, The Great Good Place, the long tail, The Wealth of Nations by Adam Smith, TikTok, Tim Cook: Apple, Uber and Lyft, uber lyft, urban planning, Wall-E, warehouse automation, warehouse robotics, WeWork, work culture , working poor, workplace surveillance

OECD, ‘Social Expenditure: Aggregated data’, OECD Social and Welfare Statistics (database), https://doi.org/10.1787/data-00166-en (accessed 30 June 2020). socialexp/social-spending.htm. 8 ‘Fauci, Governors Get Highest Marks For Response To Coronavirus, Quinnipiac University National Poll Finds; Majority Say Trump’s Response Not Aggressive Enough’, Quinnipiac University, 8 April 2020, https://poll.qu.edu/national/release-detail?ReleaseID=3658. 9 Luke Savage, ‘The Coronavirus Has Created Record Support for Medicare For All’, Jacobin, 2 April 2020, https://www.jacobinmag.com/2020/04/coronavirus-pandemic-medicare-for-all-support; original poll at Yusra Murad, ‘As Coronavirus Surges, ‘Medicare For All’ Support Hits 9-Month High’, Morning Consult, 1 April 2020, https://morningconsult.com/2020/04/01/medicare-for-all-coronavirus-pandemic/. 10 Laura Gardiner, ‘The shifting shape of social security: Charting the changing size and shape of the British welfare system’, Resolution Foundation, November 2019, https://www.resolutionfoundation.org/app/uploads/2019/11/The-shifting-shape-of-social-security.pdf. 11 Phillip Inman, ‘Rightwing thinktanks call time on age of austerity’, Guardian, 16 May 2020, https://www.theguardian.com/politics/2020/may/16/thatcherite-thinktanks-back-increase-public-spending-in-lockdown. 12 ‘A New Deal For The Arts’, The National Archives, https://www.archives.gov/exhibits/new_deal_for_the_arts/index.html#. 13 Although some countries have considerably more leeway here than others. 14 Jonathan Nicholson, ‘Tax “excess” profits of big money-making companies to fix coronavirus economy, scholar urges’, MarketWatch, 30 April 2020, https://www.marketwatch.com/story/tax-excess-profits-of-big-money-making-companies-to-fix-coronavirus-economy-scholar-urges-2020-04-30. 15 Tommy Wilson, ‘Budget wish list – look after those who look after others,’ New Zealand Herald, 31 May 2019, https://www.nzherald.co.nz/premium/news/article.cfm?

from=mdr; Mia Jankowicz, ‘More People Are Now in “Lockdown” Than Were Alive During World War II’, ScienceAlert, 25 March 2020, https://www.sciencealert.com/one-third-of-the-world-s-population-are-now-restricted-in-where-they-can-go. 2 Ido Efrati, ‘Calls to Israel’s Mental Health Hotlines Spike during Coronavirus Crisis’, Haaretz.com, 22 March 2020, https://www.haaretz.com/israel-news/.premium-calls-to-israel-s-mental-health-hotlines-spike-during-coronavirus-crisis-1.8698209?=&ts=_1585309786959. 3 ‘Coronavirus: “My Mum Won’t Hug Me” – Rise in Calls to Childline about Pandemic’, Sky News, 27 March 2020, https://news.sky.com/story/coronavirus-my-mum-wont-hug-me-rise-in-calls-to-childline-about-pandemic-11964290. The surge in loneliness is not limited to children. Shortly before the UK lockdown went into effect on 23 March, 10% of UK adults reported feelings of loneliness in the past two weeks.

Whilst a survey conducted in April 2020 in the US also found significant increases in loneliness during lockdown, especially amongst millennials and Generation K. See, respectively, ‘Loneliness During Coronavirus’, Mental Health Foundation, 16 June 2020, https://www.mentalhealth.org.uk/coronavirus/coping-with-loneliness; ‘Report: Loneliness and Anxiety During Lockdown’, SocialPro, April 2020, https://socialpronow.com/loneliness-corona/. 4 Peter Hille, ‘Coronavirus: German Phone Helplines at “Upper limits”’, DW.com, 24 March 2020, https://www.dw.com/en/coronavirus-german-phone-helplines-at-upper-limits/a-52903216. 5 Cigna, ‘Loneliness and the Workplace: 2020 U.S. Report’, January 2020, https://www.multivu.com/players/English/8670451-cigna-2020-loneliness-index/docs/CignaReport_1579728920153-379831100.pdf. 6 ‘Two Thirds of Germans Think the Country Has a Major Loneliness Problem’, The Local (Germany), 23 March 2018, https://www.thelocal.de/20180323/two-thirds-of-germans-think-the-country-has-a-major-loneliness-problem. 7 Janene Pieters, ‘Over a Million Dutch Are Very Lonely’, NL Times, 21 September 2017, https://nltimes.nl/2017/09/21/million-dutch-lonely. 8 Rick Noack, ‘Isolation is rising in Europe.


pages: 89 words: 27,057

COVID-19: Everything You Need to Know About the Corona Virus and the Race for the Vaccine by Michael Mosley

Boris Johnson, call centre, contact tracing, coronavirus, COVID-19, Donald Trump, Edward Jenner, lockdown, microbiome, randomized controlled trial, Silicon Valley, social distancing

via%3Dihub 34 http://www.ox.ac.uk/news/2019-12-19-new-mers-vaccine-clinical-trial-starts-saudi-arabia 35 https://www.nytimes.com/2020/04/27/world/europe/coronavirus-vaccine-update-oxford.html 36 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2851497/ 37 https://www.nytimes.com/2020/04/27/world/europe/coronavirus-vaccine-update-oxford.html 38 https://academic.oup.com/jid/advance-article/doi/10.1093/infdis/jiaa152/5814216 39 https://www.nytimes.com/2020/04/30/opinion/coronavirus-vaccine-covid.html 40 https://apps.who.int/iris/bitstream/handle/10665/331976/WHO-2019-nCoV-Ethics_criteria-2020.1-eng.pdf?ua=1 41 https://www.bdi.ox.ac.uk/news/digital-contact-tracing-can-slow-or-even-stop-coronavirus-transmission-and-ease-us-out-of-lockdown 42 https://www.reuters.com/investigates/special-report/health-coronavirus-usa-cost/ This publication contains the opinions and ideas of its author.

The first warnings that there were some potentially very dangerous pathogens living in the bat caves of China came in 2013, when scientists working at the Wuhan Institute of Virology reported that they had isolated a coronavirus from horseshoe bats that could infect human cells. Researchers from Harvard Medical School, who later studied this same coronavirus in the lab, found that it was especially good at infecting cells grown from the human respiratory tract. The Harvard scientists warned that this particular coronavirus was “poised for human emergence.” They were concerned that it might jump from the bats and start infecting humans at any time. They were right.

Tragic though his death was, he was just one of hundreds of doctors, nurses, paramedics, and other caregivers who would perish over the next few months. Day 43 February 11th. The new viral infection was given a name: Covid-19, short for “coronavirus disease 2019.” Day 48 I’d been following the unfolding story of this pandemic with increasing alarm, and on February 16th I wrote a column for a national newspaper, The Mail on Sunday, entitled “How to beat coronavirus? Sing Happy Birthday as you wash your hands.” It was obvious to me that this coronavirus was no longer a distant threat and it was time to start taking precautions. I suggested in my column that people should avoid shaking hands, hugging others, and that we should all wash our hands as often as possible for as long as it takes to sing “Happy Birthday to You” twice.


pages: 296 words: 96,568

Vaxxers: The Inside Story of the Oxford AstraZeneca Vaccine and the Race Against the Virus by Sarah Gilbert, Catherine Green

Boris Johnson, contact tracing, coronavirus, COVID-19, discovery of DNA, disinformation, Edward Jenner, en.wikipedia.org, fake news, global pandemic, imposter syndrome, lockdown, lone genius, profit motive, Skype, social distancing, TikTok

s=20. 4. https://www.express­.co.uk/news­/uk/1263980/coronavirus­-vaccine-oxford­-university-uk-covid19­-testing-cure-spt. 5. https://www.ft.com/content­/b053f55b-2a8b-436c-8154-0e93dcdb3c1a. 6. https://www.thetimes.c­o.uk/article/russians-spread­-fake-news-over-oxford-­coronavirus-vaccine­-2nzpk8vrq. 7. https://edition.independent­.co.uk/editi­ons/uk.co.independent.is­sue.271120/data/­9726097/in­dex.html; https://www.te­legraph.co.uk/news­/2020/11/26/astrazeneca-running­-new-coronavirus­-vaccine-trial/; https://www.theguardian.com/world­/2020/nov/26/scrutiny-grows­-over-oxford-universityast­razeneca-vaccine; https://www.thetimes.co.uk/article/astrazeneca-defends­-oxford-coronavirus-vaccine-as­-disquiet-mounts-over-the-­results-mf6t57rnr; https://www.politico.eu/article/questions-­grow-over-astrazeneca-­coronavirus-vax-trials/; https://www.walesonline.co.uk/news­/uk-news/chris-whitty-oxford-vaccine­-error-19354045. 8. https://www.handelsblatt.com­/politik/deutschland/pandemie-bekaempfung­-corona-impfstoff-diskussion-um­-wirksamkeit-von-astra-zeneca­-vakzin-bei-senioren/26849788.html and https://www.reuters.com/article/health-coronavirus-eu-astrazeneca/germany-fears-astrazeneca-vaccine-wont-get-eu-approval-for-those-over-65-bild-idUSL8N2K05OP. 9. https://papers.ssrn.com/sol3/papers.cfm?

Very late at night on 8 January came official confirmation on ProMedMail that we were looking at a novel (meaning a previously unknown) coronavirus. A number of epidemiologists immediately posted on ProMedMail to say ‘I told you so’. And they were right, they had told us. As experts in this area they had been warning for some time that there was likely to be an outbreak of a novel coronavirus, most likely starting in China. On Friday the 10th, China reported the first fatality, a 61-year-old man. By the end of that Friday, Tess and I had decided that as soon as we could get hold of the genome sequence of the novel coronavirus we would start to make a vaccine. We would follow the same design approach we had used for our MERS vaccine, and go as fast as we could.

Telegraph: ‘Oxford scientists discover vaccine offers “double defence” against Covid’, https://www.telegraph.co.­uk/news/2020/07/15/coronavirus-vaccine­-breakthrough-oxford-scientists­-discover/. The Times: ‘Success of early trials lifts hope for vaccine’, https://www.thetimes.co­.uk/article/coronavirus-vaccine­-hopes-raised-by-success-of­-early-trials-c2gv2cpsd. The i: ‘All over the shop: muddle on face masks’, https://twitter.com/theipaper/­status/1283510998218006528. 3. https://twitter.com/NDMOxford/status/­1284038977159344128?s=20. 4. https://www.express­.co.uk/news­/uk/1263980/coronavirus­-vaccine-oxford­-university-uk-covid19­-testing-cure-spt. 5. https://www.ft.com/content­/b053f55b-2a8b-436c-8154-0e93dcdb3c1a. 6. https://www.thetimes.c­o.uk/article/russians-spread­-fake-news-over-oxford-­coronavirus-vaccine­-2nzpk8vrq. 7. https://edition.independent­.co.uk/editi­ons/uk.co.independent.is­sue.271120/data/­9726097/in­dex.html; https://www.te­legraph.co.uk/news­/2020/11/26/astrazeneca-running­-new-coronavirus­-vaccine-trial/; https://www.theguardian.com/world­/2020/nov/26/scrutiny-grows­-over-oxford-universityast­razeneca-vaccine; https://www.thetimes.co.uk/article/astrazeneca-defends­-oxford-coronavirus-vaccine-as­-disquiet-mounts-over-the-­results-mf6t57rnr; https://www.politico.eu/article/questions-­grow-over-astrazeneca-­coronavirus-vax-trials/; https://www.walesonline.co.uk/news­/uk-news/chris-whitty-oxford-vaccine­-error-19354045. 8. https://www.handelsblatt.com­/politik/deutschland/pandemie-bekaempfung­-corona-impfstoff-diskussion-um­-wirksamkeit-von-astra-zeneca­-vakzin-bei-senioren/26849788.html and https://www.reuters.com/article/health-coronavirus-eu-astrazeneca/germany-fears-astrazeneca-vaccine-wont-get-eu-approval-for-those-over-65-bild-idUSL8N2K05OP. 9. https://papers.ssrn.com/sol3/papers.cfm?


pages: 134 words: 41,085

The Wake-Up Call: Why the Pandemic Has Exposed the Weakness of the West, and How to Fix It by John Micklethwait, Adrian Wooldridge

Admiral Zheng, Affordable Care Act / Obamacare, air traffic controllers' union, Alan Greenspan, basic income, battle of ideas, Berlin Wall, Bernie Sanders, bike sharing, Black Lives Matter, Boris Johnson, carbon tax, carried interest, cashless society, central bank independence, contact tracing, contact tracing app, Corn Laws, coronavirus, COVID-19, creative destruction, David Ricardo: comparative advantage, defund the police, Deng Xiaoping, Dominic Cummings, Donald Trump, Etonian, failed state, Fall of the Berlin Wall, Future Shock, George Floyd, global pandemic, Internet of things, invisible hand, it's over 9,000, James Carville said: "I would like to be reincarnated as the bond market. You can intimidate everybody.", Jeremy Corbyn, Jones Act, knowledge economy, laissez-faire capitalism, Les Trente Glorieuses, lockdown, McMansion, military-industrial complex, night-watchman state, offshore financial centre, oil shock, Panopticon Jeremy Bentham, Parkinson's law, pensions crisis, QR code, rent control, Rishi Sunak, road to serfdom, Ronald Reagan, school vouchers, Shoshana Zuboff, Silicon Valley, smart cities, social distancing, Steve Bannon, surveillance capitalism, TED Talk, trade route, Tyler Cowen, universal basic income, Washington Consensus

“New World Curriculum,” The Economist. 17.Shalini Ramachandran, Laura Kusisto, and Katie Hoanan, “How New York’s Coronavirus Response Made the Pandemic Worse,” Wall Street Journal, June 11, 2020. 18.Full disclosure: Paul Deighton is chairman of The Economist. 19.Gordon Lubold and Paul Vieira, “US Drops Proposal to Put Troops at Canadian Border,” Wall Street Journal, March 26, 2020. 20.Teresa Coratella, “Whatever It Takes: Italy and the Covid-19 Crisis,” European Council on Foreign Relations, March 18, 2020. 21.Andy Hoffman, “Sex Workers Can Get Back to Business in Switzerland, but Sports Remain Prohibited,” Bloomberg, May 20, 2020. 22.YouGov, “Americans Trust Local Governments over the Federal Government on COVID-19,” April 27, 2020. 23.John Lichfield, “Coronavirus: France’s strange defeat,” Politico, May 8, 2020. 24.Anne Applebaum, “The Coronavirus Called America’s Bluff,” The Atlantic, March 15, 2020. CHAPTER FIVE: THE MORBID SYMPTOMS 1.“The Right Medicine for the World Economy,” The Economist, March 7, 2020. 2.Song Luzheng, “Many Western Governments Ill-Equipped to Handle Coronavirus,” Global Times, March 15, 2020. 3.Iain Marlow, “China Trolls US over Protests After Trump Criticized Hong Kong,” Bloomberg, June 1, 2020. 4.

New York Times, March 19, 2020. 6.Gary Bass, “The Athenian Plague: A Cautionary Tale of Democracy’s Fragility,” New Yorker, June 10, 2020. 7.Doug Klain, “Azerbaijan’s Strongman Senses Opportunity in Coronavirus Pandemic,” Atlantic Council, March 19, 2020. 8.Marc Champion, “Coronavirus Is a Stress Test Many World Leaders Are Failing,” Bloomberg, May 22, 2020. 9.“Leviathan Rising,” The Economist, March 21, 2020, 24. 10.Sebastian Mallaby, “The Age of Magic Money,” Foreign Affairs, May 29, 2020. 11.June 18, 2020. 12.“The Fiscal Response to the Economic Fallout from the Coronavirus,” Bruegel Datasets, May 27, 2020. 13.Isabel Reynolds and Emi Urabe, “Japan to Fund Firms to Shift Production Out of China,” Bloomberg, April 8, 2020. 14.Catarina Saraiva, “Unrest Spotlights Depth of Black Americans’ Economic Struggle,” Bloomberg, June 2, 2020. 15.Public Health England, “Disparities in the Risk and Outcomes of COVID-19,” June 2020. 16.Gerald Seib and John McCormick, “Coronavirus Means the Era of Big Government Is . . .

It led the airlift that saved Berlin. It stood up against the spread of Communism in Europe and Southeast Asia. For all its failures in Iraq, it nevertheless led an international coalition against Saddam. With the Coronavirus, it has looked weak, ineffective, and, frankly, weird. What should the rest of the world make of a country whose leader suggests injecting bleach to counteract the Coronavirus? Covid was a devastating epiphany for the United States—a moment when a country “long accustomed to thinking of itself as the best, most efficient, and most technically advanced society in the world is about to be proved an unclothed emperor,” as Anne Applebaum has put it.24 “Empire” seems an appropriate word.


pages: 489 words: 106,008

Risk: A User's Guide by Stanley McChrystal, Anna Butrico

"Hurricane Katrina" Superdome, Abraham Maslow, activist fund / activist shareholder / activist investor, airport security, Albert Einstein, Apollo 13, banking crisis, Bernie Madoff, Boeing 737 MAX, business process, cognitive dissonance, collapse of Lehman Brothers, collateralized debt obligation, computer vision, coronavirus, corporate governance, cotton gin, COVID-19, cuban missile crisis, deep learning, disinformation, don't be evil, Dr. Strangelove, fake news, fear of failure, George Floyd, Glass-Steagall Act, global pandemic, Googley, Greta Thunberg, hindsight bias, inflight wifi, invisible hand, iterative process, late fees, lockdown, Paul Buchheit, Ponzi scheme, QWERTY keyboard, ride hailing / ride sharing, Ronald Reagan, San Francisco homelessness, School Strike for Climate, Scientific racism, Silicon Valley, Silicon Valley startup, Skype, social distancing, source of truth, Stanislav Petrov, Steve Jobs, Thomas L Friedman, too big to fail, Travis Kalanick, wikimedia commons, work culture

Chinese authorities suspended transportation: Taylor, “Timeline of the Coronavirus Pandemic”; Bollyky and Patrick, “Improving Pandemic Preparedness,” 40. death toll had climbed to at least 360: Taylor, “Timeline of the Coronavirus Pandemic.” moved cautiously, declaring: Erin Schumaker, “Timeline: How Coronavirus Got Started,” ABC News, September 22, 2020, https://abcnews.go.com/Health/timeline-coronavirus-started/story?id=69435165; Sui-Lee Wee, Donald G. McNeil Jr., and Javier C. Hernández, “W.H.O. Declares Global Emergency as Wuhan Coronavirus Spreads,” The New York Times, April 16, 2020, https://nytimes.com/2020/01/30/health/coronavirus-world-health-organization.html.

The WHO requests verification: Bollyky and Patrick, “Improving Pandemic Preparedness,” 36, 38. China announces its first virus death: Taylor, “Timeline of the Coronavirus Pandemic.” first case outside of China in Thailand: “Archived: WHO Timeline—COVID-19,” April 27, 2020. United States confirms its first case: Taylor, “Timeline of the Coronavirus Pandemic.” infected more than 570: Taylor, “Timeline of the Coronavirus Pandemic.” global death toll reaches at least 360: Taylor, “Timeline of the Coronavirus Pandemic.” outside of China in the Philippines: “Novel Coronavirus (2019-nCoV) Situation Report—13,” World Health Organization, February 2, 2020, https://who.int/docs/default-source/coronaviruse/situation-reports/20200202-sitrep-13-ncov-v3.pdf?

first COVID-19 death: Derrick Bryson Taylor, “A Timeline of the Coronavirus Pandemic,” The New York Times, August 6, 2020, https://nytimes.com/article/coronavirus-timeline.html. no new cases since January 3: Bollyky and Patrick, “Improving Pandemic Preparedness,” 37. virus sprang up in Thailand: “Archived: WHO Timeline—COVID-19,” World Health Organization, April 27, 2020, https://www.who.int/news/item/27-04-2020-who-timeline---covid-19. spread to Japan and South Korea: “Coronavirus Timeline: Tracking the Critical Moments of COVID-19,” NBC News, accessed September 23, 2020, https://nbcnews.com/health/health-news/coronavirus-timeline-tracking-critical-moments-covid-19-n1154341.


Border and Rule: Global Migration, Capitalism, and the Rise of Racist Nationalism by Harsha Walia

anti-communist, antiwork, Berlin Wall, Bernie Sanders, Black Lives Matter, blood diamond, borderless world, Boris Johnson, Brexit referendum, British Empire, California gold rush, clean water, climate change refugee, collective bargaining, colonial rule, contact tracing, coronavirus, COVID-19, crack epidemic, dark matter, decarbonisation, deindustrialization, Donald Trump, drone strike, Elon Musk, European colonialism, eurozone crisis, export processing zone, extractivism, fake news, Fall of the Berlin Wall, Food sovereignty, G4S, gentrification, George Floyd, global pandemic, global supply chain, Global Witness, green new deal, guest worker program, illegal immigration, immigration reform, income inequality, informal economy, Jeff Bezos, Jeremy Corbyn, joint-stock company, land reform, late capitalism, lockdown, mandatory minimum, mass immigration, mass incarceration, means of production, microcredit, military-industrial complex, Monroe Doctrine, moral panic, Naomi Klein, neoliberal agenda, Occupy movement, ocean acidification, oil shale / tar sands, open borders, pension reform, Rana Plaza, Richard Florida, Ronald Reagan, Shoshana Zuboff, social distancing, special economic zone, Steve Bannon, strikebreaker, structural adjustment programs, surveillance capitalism, trade liberalization, transatlantic slave trade, transcontinental railway, union organizing, upwardly mobile, urban planning, W. E. B. Du Bois, wages for housework, Washington Consensus, women in the workforce

-Mexico Border Since July 2017: ACLU,” Associated Press, October 25, 2019, https://globalnews.ca/news/6081217/migrant-children-separated-tally-aclu/; American Civil Liberties Union, “Family Separation: By the Numbers,” www.aclu.org/issues/immigrants-rights/immigrants-rights-and-detention/family-separation; Associated Press, “Tally of Children Split at US Border Tops 5,400 in New Count,” Al Jazeera, October 24, 2019, www.aljazeera.com/news/2019/10/tally-children-split-border-tops-5400-count-191025020652717.html. 5.Sara Boboltz, “18 Migrant Infants and Toddlers Separated for Weeks or Months, House Report Finds,” Huffington Post, July 12, 2019, www.huffingtonpost.ca/entry/migrant-infants-toddlers-separated_n_5d288c60e4b0060b11eb0ec7; Associated Press, “‘I Can’t Feel My Heart’: Children Separated Under Trump Show Signs of PTSD, Watchdog Finds,” Guardian, September 5, 2019, www.theguardian.com/us-news/2019/sep/04/child-separation-ptsd-trump-zero-tolerance. 6.Gaby Del Valle, “The Most Horrifying Allegations in the ACLU’s Newest Family Separation Lawsuit,” Vice, October 4, 2019, www.vice.com/en_ca/article/8xwvy5/the-most-horrifying-allegations-in-the-aclus-newest-family-separation-lawsuit. 7.Ted Hesson and Mica Rosenberg, “U.S. Deports 400 Migrant Children under New Coronavirus Rules,” Reuters, April 7, 2020, www.reuters.com/article/us-health-coronavirus-usa-deportations/u-s-deports-400-migrant-children-under-new-coronavirus-rules-idUSKBN21P354; Nick Miroff, “Under Coronavirus Immigration Measures, U.S. is Expelling Border-Crossers to Mexico in an Average of 96 Minutes,” Washington Post, March 30, 2020, www.washingtonpost.com/immigration/coronavirus-immigration-border-96-minutes/2020/03/30/13af805c-72c5-11ea-ae50-7148009252e3_story.html; Nina Lakhani, “US Using Coronavirus Pandemic to Unlawfully Expel Asylum Seekers, Says UN,” Guardian, April 17, 2020, www.theguardian.com/world/2020/apr/17/us-asylum-seekers-coronavirus-law-un. 8.Nick Miroff, “Under Trump Border Rules, U.S.

Madan, “Millions of Immigrant Families Won’t Get Coronavirus Stimulus Checks, Experts Say,” Miami Herald, March 26, 2020, www.miamiherald.com/news/local/immigration/article241531211.html#storylink=cpy. 26.Americans for Tax Fairness and Institute for Policy Studies, “Tale of Two Crises: Billionaires Gain as Workers Feel Pandemic Pain,” May 21, 2020, https://americansfortaxfairness.org/wp-content/uploads/2020-5-21-Billionaires-Press-Release-at-Two-month-Covid-Pandemic-FINAL.pdf. 27.Eren Orbey, “Trump’s “Chinese Virus” and What’s at Stake in the Coronavirus’s Name,” New Yorker, March 25, 2020, www.newyorker.com/culture/cultural-comment/whats-at-stake-in-a-viruss-name; Salvador Rizzo, “Trump’s Wobbly Claim That His Wall Could Stop the Coronavirus,” Washington Post, March 12, 2020, www.washingtonpost.com/politics/2020/03/12/trumps-wobbly-claim-that-his-wall-could-stop-coronavirus/. 28.Arelis R. Hernández and Nick Miroff, “Facing Coronavirus Pandemic, Trump Suspends Immigration Laws and Showcases Vision for Locked-Down Border,” Washington Post, April 3, 2020, www.wasMngtonpost.com/national/coronavirus-trump-immigration-border/2020/04/03/23cb025a-74f9-11ea-ae50-7148009252e3_story.html. 29.Geoffrey York, “African Countries Move to Restrict European Visitors amid Coronavirus Pandemic,” Globe and Mail, March 11, 2020, www.theglobeandmail.com/world/article-african-countries-move-to-restrict-european-visitors-amid-coronavirus/. 30.S.

“Italy Closes Ports to Refugee Ships Because of Coronavirus,” Al Jazeera, April 8, 2020, www.aljazeera.com/news/2020/04/italy-closes-ports-refugee-ships-coronavirus-200408091754757.html; Faisal Mahmud, “Rohingya Stranded at Sea, Bangladesh Says Not Its Responsibility,” Al Jazeera, April 23, 2020, www.aljazeera.com/news/2020/04/rohingya-stranded-sea-bangladesh-responsibility-200425082607464.html; Lydia Gall, “Hungary Weaponizes Coronavirus to Stoke Xenophobia,” Human Rights Watch, March 19, 2020, www.hrw.org/news/2020/03/19/hungary-weaponizes-coronavirus-stoke-xenophobia. 19.Human Rights Watch, “Lebanon: Refugees at Risk in COVID-19 Response,” April 2, 2020, www.hrw.org/news/2020/04/02/lebanon-refugees-risk-covid-19-response. 20.Hsiao-Hung Pai, “The Coronavirus Crisis Has Exposed China’s Long History of Racism,” Guardian, April 25, 2020, www.theguardian.com/commentisfree/2020/apr/25/coronavirus-exposed-china-history-racism-africans-guangzhou; Geoffrey York, “African Diplomats Protest Alleged Racism and Inhumane Treatment of Migrants in China,” Globe and Mail, April 12, 2020, www.theglobeandmail.com/world/article-african-diplomats-protest-alleged-racism-and-inhumane-treatment-of/. 21.Rozanna Latiff, “Malaysia Rounds Up Migrants to Contain Coronavirus, U.N.


pages: 357 words: 107,984

Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic---And Prevented Economic Disaster by Nick Timiraos

"World Economic Forum" Davos, Alan Greenspan, asset-backed security, banking crisis, Bear Stearns, Bernie Sanders, bitcoin, Black Monday: stock market crash in 1987, Bonfire of the Vanities, break the buck, central bank independence, collapse of Lehman Brothers, collective bargaining, coronavirus, corporate raider, COVID-19, credit crunch, cryptocurrency, Donald Trump, fear index, financial innovation, financial intermediation, full employment, George Akerlof, George Floyd, global pandemic, global supply chain, Greta Thunberg, implied volatility, income inequality, inflation targeting, inverted yield curve, junk bonds, lockdown, Long Term Capital Management, low interest rates, managed futures, margin call, meme stock, money market fund, moral hazard, non-fungible token, oil shock, Phillips curve, price stability, pushing on a string, quantitative easing, Rishi Sunak, risk tolerance, rolodex, Ronald Reagan, Savings and loan crisis, secular stagnation, Skype, social distancing, subprime mortgage crisis, Tesla Model S, too big to fail, unorthodox policies, Y2K, yield curve

Chloe Taylor, “Economic impact of coronavirus will be clearer in ‘three or four weeks,’ Mnuchin says,” CNBC, February 23, 2020. https://www.cnbc.com/2020/02/23/coronavirus-mnuchin-says-economic-impact-will-be-clearer-within-weeks.html 2. Rob Stein, Laurel Wamsley, “Health Officials Warn Americans to Plan for the Spread of Coronavirus in US,” NPR, February 25, 2020 https://www.npr.org/sections/health-shots/2020/02/25/809318447/health-officials-warn-americans-to-start-planning-for-spread-of-coronavirus-in-us 3. Fred Imbert, “Larry Kudlow says US has contained the coronavirus and the economy is holding up nicely,” CNBC, February 25, 2020. https://www.cnbc.com/2020/02/25/larry-kudlow-says-us-has-contained-the-coronavirus-and-the-economy-is-holding-up-nicely.html Chapter 1 1.

Kate Davidson and Bob Davis, “How Mnuchin Became Washington’s Indispensable Crisis Manager,” The Wall Street Journal, March 31, 2020. https://www.wsj.com/articles/steven-mnuchin-is-trying-to-rescue-the-economy-from-the-coronavirus-11585654202 2. Matthew J. Belvedere, “Trump says he trusts China’s Xi on coronavirus and the US has it ‘totally under control,’” CNBC, January 22, 2020. https://www.cnbc.com/2020/01/22/trump-on-coronavirus-from-china-we-have-it-totally-under-control.html 3. Lael Brainard, Commencement Address at Claremont McKenna College, May 17, 2014, https://www.cmc.edu/news/read-the-commencement-address-by-dr-lael-brainard 4.

sref=1X5UIU0Y 6. Author’s interview. 7. Colby Itkowitz, Ashley Parker, and Seung Min Kim, “Coronavirus continues its rapid spread, confounding efforts by global leaders,” The Washington Post, March 7, 2020. https://www.washingtonpost.com/health/2020/03/07/coronavirus-continues-its-rapid-spread-confounding-efforts-by-global-leaders/ Chapter 8 1. Robert Costa, Josh Dawsey, Jeff Stein, and Ashley Parker, “Trump urged Mnuchin to pressure Fed’s Powell on economic stimulus in explosive tirade about coronavirus,” The Washington Post, March 11, 2020. https://www.washingtonpost.com/business/economy/trump-urged-mnuchin-to-pressure-feds-powell-on-economic-stimulus-in-explosive-tirade-about-coronavirus/2020/03/11/db7bfeea-63c9-11ea-b3fc-7841686c5c57_story.html 2.


Reset by Ronald J. Deibert

23andMe, active measures, air gap, Airbnb, Amazon Web Services, Anthropocene, augmented reality, availability heuristic, behavioural economics, Bellingcat, Big Tech, bitcoin, blockchain, blood diamond, Brexit referendum, Buckminster Fuller, business intelligence, Cal Newport, call centre, Cambridge Analytica, carbon footprint, cashless society, Citizen Lab, clean water, cloud computing, computer vision, confounding variable, contact tracing, contact tracing app, content marketing, coronavirus, corporate social responsibility, COVID-19, crowdsourcing, data acquisition, data is the new oil, decarbonisation, deep learning, deepfake, Deng Xiaoping, disinformation, Donald Trump, Doomsday Clock, dual-use technology, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, Evgeny Morozov, failed state, fake news, Future Shock, game design, gig economy, global pandemic, global supply chain, global village, Google Hangouts, Great Leap Forward, high-speed rail, income inequality, information retrieval, information security, Internet of things, Jaron Lanier, Jeff Bezos, John Markoff, Lewis Mumford, liberal capitalism, license plate recognition, lockdown, longitudinal study, Mark Zuckerberg, Marshall McLuhan, mass immigration, megastructure, meta-analysis, military-industrial complex, move fast and break things, Naomi Klein, natural language processing, New Journalism, NSO Group, off-the-grid, Peter Thiel, planetary scale, planned obsolescence, post-truth, proprietary trading, QAnon, ransomware, Robert Mercer, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, single source of truth, Skype, Snapchat, social distancing, sorting algorithm, source of truth, sovereign wealth fund, sparse data, speech recognition, Steve Bannon, Steve Jobs, Stuxnet, surveillance capitalism, techlash, technological solutionism, the long tail, the medium is the message, The Structural Transformation of the Public Sphere, TikTok, TSMC, undersea cable, unit 8200, Vannevar Bush, WikiLeaks, zero day, zero-sum game

., Stubbs, J., & Bing, C. (2020, March 23). Exclusive: Elite hackers target WHO as coronavirus cyberattacks spike. Retrieved from https://www.reuters.com/article/us-health-coronavirus-who-hack-exclusive/exclusive-elite-hackers-target-who-as-coronavirus-cyberattacks-spike-idUSKBN21A3BN Mistakenly removed links: Orr, C. (2020, March 17). Facebook is removing links to coronavirus information on government websites. Retrieved from https://www.nationalobserver.com/2020/03/17/news/facebook-removing-links-coronavirus-information-government-websites Platforms introduced measures to point users: Gadde, V., & Derella, M. (2020, March 16).

“Shoot them dead”: Philippine president Rodrigo Duterte orders police and military to kill citizens who defy coronavirus lockdown. Retrieved from https://www.cbsnews.com/news/rodrigo-duterte-philippines-president-coronavirus-lockdown-shoot-people-dead/?ftag=CNM-00-10aab7e&linkId=85694802; Gebrekidan, S. (2020, March 30). For autocrats, and others, coronavirus is a chance to grab even more power. Retrieved from https://www.nytimes.com/2020/03/30/world/europe/coronavirus-governments-power.html; Gershgorn, D. (2020, April 9). We mapped how the coronavirus is driving new surveillance programs around the world. Retrieved from https://onezero.medium.com/the-pandemic-is-a-trojan-horse-for-surveillance-programs-around-the-world-887fa6f12ec9; See also Kamradt-Scott, A., & McInnes, C. (2012).

Retrieved from https://www.motherjones.com/politics/2020/02/russian-disinformation-coronavirus/ Widely accepted throughout Chinese society: Gilbert, D. (2020, April 6). The Chinese government has convinced its citizens that the U.S. Army brought coronavirus to Wuhan. Retrieved from https://www.vice.com/en_us/article/wxe9yq/the-chinese-government-has-convinced-its-citizens-that-the-us-army-brought-coronavirus-to-wuhan One YouTube video … falsely claimed that Africa was immune: Shanapinda, S. (2020, April 7). No, 5G radiation doesn’t spread the coronavirus. Here’s how we know. Retrieved from https://theconversation.com/no-5g-radiation-doesnt-cause-or-spread-the-coronavirus-saying-it-does-is-destructive-135695 More than thirty incidents of arson and vandalism: Satariano, A., & Alba, D. (2020, April 10).


pages: 197 words: 53,831

Investing to Save the Planet: How Your Money Can Make a Difference by Alice Ross

"World Economic Forum" Davos, activist fund / activist shareholder / activist investor, An Inconvenient Truth, barriers to entry, British Empire, carbon footprint, carbon tax, circular economy, clean tech, clean water, coronavirus, corporate governance, COVID-19, creative destruction, decarbonisation, diversification, Elon Musk, energy transition, Extinction Rebellion, family office, food miles, Future Shock, global pandemic, Goldman Sachs: Vampire Squid, green transition, Greta Thunberg, high net worth, hiring and firing, impact investing, Intergovernmental Panel on Climate Change (IPCC), Jeff Bezos, lockdown, low interest rates, Lyft, off grid, oil shock, passive investing, Peter Thiel, plant based meat, precision agriculture, risk tolerance, risk/return, sharing economy, Silicon Valley, social distancing, sovereign wealth fund, TED Talk, Tragedy of the Commons, uber lyft, William MacAskill

EV Volumes, which collates monthly figures on electric vehicle sales, warned that the coronavirus fall-out could further impact sales in 2020, though this was likely to apply to sales of all cars as factory production slowed. A report from Wood Mackenzie, an energy consultancy, in April 2020 warned that electric vehicle sales were likely to drop drastically for the year, predicting global sales of just 1.3m, down from 2.2m in 2019. ‘Most new EV buyers are still first-time owners of the technology,’ a Wood Mackenzie analyst, Ram Chandrasekaran, wrote in a research note. ‘The uncertainty and fear created by the [coronavirus] outbreak have made consumers less inclined to adopt a new technology.’

Corporate decisions affecting workers … have become increasingly important as a wider array of investors have begun looking at companies through an ESG lens.’ Analysts at Barclays predicted that the coronavirus crisis could even accelerate investors’ interest in climate change, arguing that while ESG implementation might be delayed in the short term, ‘it is unlikely to be abandoned in the long run – and it may even accelerate in a post-Covid-19 world’. Of course, not all the developments were positive. The Financial Times warned in April that the coronavirus outbreak had delayed most of the big climate events and policy announcements expected in 2020. Glen Peters, research director at the Center for International Climate Research in Oslo, warned that climate might not be mentioned in policy discussions in the near term, telling the Financial Times: ‘It’s going to put a pause on anything climate related.’

But then I thought: surely the average investor on the street could get involved too, by looking at what was in their pension fund, for example, or thinking about whether they should invest in fossil fuel companies. It seemed to me that explaining what we can do to fight climate change as investors as well as consumers would give people some sense of control over the situation. Looking back at that time, some things have changed. The bad news we got used to waking up to in 2020 was of course the coronavirus: the daily death tolls, the hit to the economy. The climate crisis seemed almost to have been sidelined. I wrote much of this book in lockdown at my home in London while my two young children were out of school. It was a busy, stressful time. But it was also a quiet time. I was woken up, like so many others, not by planes roaring overhead to Heathrow but by birdsong.


pages: 288 words: 86,995

Rule of the Robots: How Artificial Intelligence Will Transform Everything by Martin Ford

AI winter, Airbnb, algorithmic bias, algorithmic trading, Alignment Problem, AlphaGo, Amazon Mechanical Turk, Amazon Web Services, artificial general intelligence, Automated Insights, autonomous vehicles, backpropagation, basic income, Big Tech, big-box store, call centre, carbon footprint, Chris Urmson, Claude Shannon: information theory, clean water, cloud computing, commoditize, computer age, computer vision, Computing Machinery and Intelligence, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, data is the new oil, data science, deep learning, deepfake, DeepMind, Demis Hassabis, deskilling, disruptive innovation, Donald Trump, Elon Musk, factory automation, fake news, fulfillment center, full employment, future of work, general purpose technology, Geoffrey Hinton, George Floyd, gig economy, Gini coefficient, global pandemic, Googley, GPT-3, high-speed rail, hype cycle, ImageNet competition, income inequality, independent contractor, industrial robot, informal economy, information retrieval, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jeff Bezos, job automation, John Markoff, Kiva Systems, knowledge worker, labor-force participation, Law of Accelerating Returns, license plate recognition, low interest rates, low-wage service sector, Lyft, machine readable, machine translation, Mark Zuckerberg, Mitch Kapor, natural language processing, Nick Bostrom, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, Ocado, OpenAI, opioid epidemic / opioid crisis, passive income, pattern recognition, Peter Thiel, Phillips curve, post scarcity, public intellectual, Ray Kurzweil, recommendation engine, remote working, RFID, ride hailing / ride sharing, Robert Gordon, Rodney Brooks, Rubik’s Cube, Sam Altman, self-driving car, Silicon Valley, Silicon Valley startup, social distancing, SoftBank, South of Market, San Francisco, special economic zone, speech recognition, stealth mode startup, Stephen Hawking, superintelligent machines, TED Talk, The Future of Employment, The Rise and Fall of American Growth, the scientific method, Turing machine, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, universal basic income, very high income, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, WikiLeaks, women in the workforce, Y Combinator

If cashierless stores do gain traction, they have the potential to unleash a major industry disruption and eventually put the jobs of more than three and a half million cashiers in the United States alone at significant risk. Beyond the increase in convenience and the time saved by not standing in checkout lines, these stores may be an especially good fit in a future shaped by the coronavirus because they offer completely touch-free payment without the need to ever come in close proximity to a human worker. Ironically, Amazon temporarily shut down most of its Go stores as the coronavirus unfolded, perhaps because the stores are so popular that they attract long lines of shoppers. However, in the long run, the technology seems ideally suited to a world where social distancing is, at least for a time, at a premium.

Google’s system was 94.4 percent accurate and “outperformed all six radiologists” in cases in which a prior CT scan for the patient was not available, and “was on-par with the same radiologists” when a previous image was available for comparison.45 Likewise, radiology AI systems were employed on an emergency basis in some cases as the coronavirus pandemic threatened to overwhelm hospitals. Amidst a shortage of tests for COVID-19, chest X-rays that showed evidence of the pneumonia often caused by the virus became an important alternative diagnostic technique. Some hospitals experienced backlogs resulting in delays of six hours or more as radiologists struggled to analyze the images. In response, two manufacturers of AI diagnostic tools, Mumbai-based Qure.ai and the Korean company Lunit, were able to rapidly recalibrate their systems to focus on the coronavirus. One study found that Qure.ai’s system was ninety-five percent accurate in distinguishing COVID-19 from other conditions that cause pneumonia.46 Results like these have led to enthusiasm that can sometimes blur into hype, and among some deep learning experts it’s often taken almost as a given that AI systems will completely replace human radiologists in the relatively near future.

In other words, I think we face a scenario where a significant fraction of our workforce is eventually at risk of being disenfranchised from the job market. But is there any evidence that anything like this has actually occurred? After all, the unemployment rate prior to the advent of the coronavirus pandemic was well below four percent. THE STORY UP UNTIL THE ONSET OF THE CORONAVIRUS PANDEMIC Over the ten-year period from the end of the Great Recession in 2009 until January 2020, the longest postwar economic recovery on record, the unemployment rate fell from ten percent to 3.6 percent—a level lower than any recorded in the past fifty years.5 An important caveat, however, is that this headline unemployment rate, which is measured on the basis of a household survey conducted by the U.S.


pages: 371 words: 122,273

Tenants: The People on the Frontline of Britain's Housing Emergency by Vicky Spratt

Airbnb, Albert Einstein, basic income, Big bang: deregulation of the City of London, Black Lives Matter, Boris Johnson, British Empire, Buy land – they’re not making it any more, call centre, Capital in the Twenty-First Century by Thomas Piketty, centre right, clean water, coronavirus, COVID-19, credit crunch, cryptocurrency, edge city, en.wikipedia.org, full employment, garden city movement, gender pay gap, gentrification, gig economy, global pandemic, housing crisis, Housing First, illegal immigration, income inequality, Induced demand, Jane Jacobs, Jeremy Corbyn, land bank, land reform, land value tax, lockdown, longitudinal study, low interest rates, mass immigration, mega-rich, meta-analysis, negative equity, Overton Window, Own Your Own Home, plutocrats, quantitative easing, rent control, Right to Buy, Rishi Sunak, Rutger Bregman, side hustle, social distancing, stop buying avocado toast, the built environment, The Death and Life of Great American Cities, The Spirit Level, The Wealth of Nations by Adam Smith, trickle-down economics, universal basic income, urban planning, urban renewal, working-age population, young professional, zero-sum game

The extent to which successive governments: At the time, I reported on this for the i Paper. You can read more here: ‘When it comes to housing during coronavirus, Rishi Sunak’s claim that “we are all in this together” isn’t true’, 16 April 2020, inews.co.uk/opinion/housing-coronavirus-renting-rishi-sunak-418924 The Chancellor’s support package: Vicky Spratt, ‘Coronavirus help for renters: The assistance available if you are renting in the UK’, i Paper, 27 March 2020, inews.co.uk/opinion/coronavirus-rent-help-government-uk-home-pay-assistance-how-claim-explained-412072 you can buy a flat in Dorrington Court: www.rightmove.co.uk/properties/71201970#/ or rent one privately: www.rightmove.co.uk/properties/70771572#/ Macintosh’s work, her vision: Pre-war, most council housing was for those on middle incomes.

In 2020 record numbers of people applied for Universal Credit – some of them probably considered themselves ‘middle class’ and did so for the first time – and too many found out just how paltry the available support really was. As part of its coronavirus support package, Boris Johnson’s government unfroze LHA; it had to do this because it knew it didn’t fully cover rents, but in many parts of the country this slight rise still didn’t stretch far enough – and it certainly didn’t restore the benefit to its pre-austerity levels, even though rents had risen since then. This mattered. In areas where there were high numbers of coronavirus cases, there were also high levels of unaffordable housing. At the time, the Joseph Rowntree Foundation (JRF), an independent charity which works to end poverty, found that private renters in these places – large areas of London such as Lambeth, Wandsworth, Westminster, Tower Hamlets, Hackney, the City of London, Kensington and Chelsea, Hammersmith and Fulham, Islington, Haringey and Camden, for example – faced significantly higher than average rents as well as higher than average rates of child poverty and temporary accommodation.

Charities, which had long been calling for these measures, were suddenly being listened to, their policy suggestions taken up wholesale. If private renters were, shockingly, overlooked in the coronavirus response, perhaps it is because their plight, while no less or more important, is less emotive and inspires less political goodwill than rough sleeping, which is visible and visceral, particularly during a global pandemic. When it came to private renting, the response was, indeed, scandalous. The initial emergency coronavirus legislation didn’t have a section on the eviction of private renters at all. One was added as an amendment at a second reading on 23 March.


The New Map: Energy, Climate, and the Clash of Nations by Daniel Yergin

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", 3D printing, 9 dash line, activist fund / activist shareholder / activist investor, addicted to oil, Admiral Zheng, Albert Einstein, American energy revolution, Asian financial crisis, autonomous vehicles, Ayatollah Khomeini, Bakken shale, Bernie Sanders, BRICs, British Empire, carbon tax, circular economy, clean tech, commodity super cycle, company town, coronavirus, COVID-19, decarbonisation, deep learning, Deng Xiaoping, Didi Chuxing, disruptive innovation, distributed generation, Donald Trump, driverless car, Edward Snowden, Elon Musk, energy security, energy transition, failed state, Ford Model T, geopolitical risk, gig economy, global pandemic, global supply chain, green new deal, Greta Thunberg, hydraulic fracturing, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), inventory management, James Watt: steam engine, John Zimmer (Lyft cofounder), Kickstarter, LNG terminal, Lyft, Malacca Straits, Malcom McLean invented shipping containers, Masayoshi Son, Masdar, mass incarceration, megacity, megaproject, middle-income trap, Mikhail Gorbachev, mutually assured destruction, new economy, off grid, oil rush, oil shale / tar sands, oil shock, open economy, paypal mafia, peak oil, pension reform, power law, price mechanism, purchasing power parity, RAND corporation, rent-seeking, ride hailing / ride sharing, rolling blackouts, Ronald Reagan, Russian election interference, self-driving car, Silicon Valley, smart cities, social distancing, South China Sea, sovereign wealth fund, Suez crisis 1956, super pumped, supply-chain management, TED Talk, trade route, Travis Kalanick, Twitter Arab Spring, Uber and Lyft, uber lyft, ubercab, UNCLOS, UNCLOS, uranium enrichment, vertical integration, women in the workforce

In 2000, 1.9 million cars were sold in China, 17.3 million in the United States. By 2019, the number was 25 million in China and 17 million in the United States. The weight of China in the world economy was made clear by the novel coronavirus. When the SARS epidemic began in 2002, China accounted for only 4 percent of world GDP. When the coronavirus hit in 2020, it was 16 percent, meaning that the economic impact would reverberate around the world even before the coronavirus shut down much of the rest of the world.7 When GDP is measured by exchange rates, the U.S. economy is still larger than China’s. By the other major measure of GDP—purchasing power parity—China is already the largest economy in the world.

Economy,” Dallas Federal Reserve, May 2020. 6. Coronavirus Task Force Briefing, March 19, 2020 (“person driving the car”); Javier Blas, “Trump’s Oil,” Bloomberg, April 13, 2020 (“so low” and “wiped out”); Coronavirus Task Force Briefing, April 1, 2020; Donald J. Trump, Tweet, April 2, 2020 (“my friend”). 7. Frank Kane, “Saudi Arabia Calls ‘Urgent Meeting of Oil Producers’,” Arab News, April 2, 2020; Meeting on the Situation in Global Energy Markets, April 3, 2020, Kremlin website. 8. Mohammad Barkindo, Remarks to OPEC+ Ministerial Meeting, April 9, 2020. 9. Coronavirus Task Force Briefing, April 8, 2020 (“hated OPEC”); Dan Brouillette, Remarks for G20 Extraordinary Energy Ministers Meeting, April 10, 2020; Benoit Faucon, Summer Said, and Tim Puko, “U.S., Saudi Arabia, Russia Lead Pact,” Wall Street Journal, April 12, 2020; “The Largest Oil Supply Cut in History,” Oil Market Insight, IHS Markit, April 12, 2020. 10.

Criticism of China is one thing that unites divided Democrats and Republicans in the United States, and the national security establishments in both countries increasingly focus on the other as the future adversary. Yet the two countries are more integrated economically and more interdependent than many recognize, as the 2020 coronavirus outbreak unhappily demonstrated; and they are mutually dependent on global prosperity. But that reality counts for less as calls grow louder for “decoupling” between the world’s two largest economies, accompanied by growing mistrust, which has been amplified by the coronavirus crisis, one of the lasting consequences of which will be greater tension between the two countries. * * * — The Middle East’s geographic boundaries were continually redrawn throughout antiquity, with the rise and fall of so many empires.


pages: 372 words: 98,659

The Miracle Pill by Peter Walker

active transport: walking or cycling, agricultural Revolution, autonomous vehicles, Boris Johnson, Brexit referendum, call centre, car-free, Coronary heart disease and physical activity of work, coronavirus, COVID-19, driverless car, experimental subject, James Watt: steam engine, Kickstarter, lockdown, longitudinal study, meta-analysis, randomized controlled trial, Sidewalk Labs, social distancing, Stop de Kindermoord, the built environment, Traffic in Towns by Colin Buchanan, twin studies, Wall-E, washing machines reduced drudgery

Chapter 10 1 Dr Sabine L. van Elsland, Ryan O’Hare, ‘COVID-19: Imperial researchers model likely impact of public health measures’, Imperial College News, 17 March 2020. 2 Damian Carrington, ‘Indoor and outdoor air pollution “claiming at least 40,000 UK lives a year” ’, The Guardian, 22 February 2016. 3 Fiona Harvey, ‘Air pollution: UK government loses third court case as plans ruled “unlawful” ’, The Guardian, 21 February 2018. 4 Interview with the author. 5 Interview with the author. 6 Interview with the author. 7 David C. Nieman, ‘Coronavirus disease-2019: A tocsin to our aging, unfit, corpulent, and immunodeficient society’, Journal of Sport and Health Science, Vol. 9, No. 4 (2020): 293–301. 8 Peter Walker, Matthew Taylor, ‘Labour to plan green economic rescue from coronavirus crisis’, The Guardian, 17 May 2020. Interview took place on 15 May. 9 Briefing to political journalists in the daily ‘lobby’ conference (held via telephone conference call amid coronavirus). 10 Matthew Taylor, ‘Large areas of London to be made car-free as lockdown eased’, The Guardian, 15 May 2020. 11 Interview with the author. 12 Interview with the author. 13 Interview with the author. 14 Interview with the author. 15 Interview with the author. 16 Interview with the author.

It forms part of a wider shift in healthcare focus from infectious viral and bacterial illnesses and onto so-called non-communicable diseases, or NCDs, which are often linked to lifestyle or environment. To an extent, this focus has shifted back with the sudden arrival of coronavirus. But even here NCDs play a key role, given an emerging link between conditions like diabetes and high blood pressure and poor coronavirus outcomes. Academics gauge the impact of NCDs using a tool called Burden of Disease, which simply multiplies the risk an ailment poses to an individual by the extent of its spread. This system has been used to devise what public health officials call the ‘four by four’ threat – a list of the four most damaging NCDs around the world, and the four primary risk factors behind them.

And it is an undeniable paradox to have spent my days chronicling successive government failures over one public health disaster when, at precisely the same moment, many of them are tackling another life-threatening crisis with genuine boldness. In terms of scale, inactivity is not quite so acute as coronavirus, which, according to the scientific modelling which eventually persuaded Johnson to confine people to their homes, could have killed between 250,000 and 500,000 people in the UK alone if nothing was done.1 Coronavirus has also provoked a particularly urgent response by being new, rapid in its destructiveness, and directly fatal. In contrast, someone in their twenties who flops down on a sofa tonight might not start to feel the impact of an inactive lifestyle for several decades, and then only through the impact of various chronic illnesses.


pages: 458 words: 132,912

The Dying Citizen: How Progressive Elites, Tribalism, and Globalization Are Destroying the Idea of America by Victor Davis Hanson

"World Economic Forum" Davos, 2021 United States Capitol attack, 23andMe, affirmative action, Affordable Care Act / Obamacare, airport security, Bernie Sanders, Big Tech, Black Lives Matter, Boeing 737 MAX, borderless world, bread and circuses, British Empire, business climate, business cycle, carbon footprint, centre right, clean water, coronavirus, COVID-19, creative destruction, currency manipulation / currency intervention, defund the police, deindustrialization, deplatforming, disinformation, Donald Trump, Dr. Strangelove, drone strike, El Camino Real, fake news, Ferguson, Missouri, fixed income, Francis Fukuyama: the end of history, future of work, George Floyd, Gini coefficient, global pandemic, Herbert Marcuse, high-speed rail, Honoré de Balzac, illegal immigration, immigration reform, income inequality, Jeff Bezos, Joseph Schumpeter, laissez-faire capitalism, lockdown, Mark Zuckerberg, mass immigration, mass incarceration, Menlo Park, microaggression, military-industrial complex, mortgage debt, Nate Silver, new economy, New Urbanism, obamacare, old-boy network, Paris climate accords, Parler "social media", peak oil, Potemkin village, Ralph Waldo Emerson, Robert Mercer, Ronald Reagan, school choice, Silicon Valley, Silicon Valley billionaire, Skype, social distancing, Social Justice Warrior, tech worker, Thomas L Friedman, transcontinental railway, upwardly mobile, vertical integration, WikiLeaks, working poor, Yom Kippur War, zero-sum game

., “A Pneumonia Outbreak Associated with a New Coronavirus of Probable Bat Origin,” Nature 579 (2020): 270–273. 4. Joe Penney, “Racism, Rather Than Facts, Drove U.S. Coronavirus Bans,” The Intercept, May 16, 2020, https://theintercept.com/2020/05/16/racism-coronavirus-china-europe. 5. A possible late summer appearance of the coronavirus: Shelby Lin Erdman, “Satellite Images of Wuhan May Suggest Coronavirus Was Spreading as Early as August,” CNN, June 10, 2020, www.cnn.com/2020/06/08/health/satellite-pics-coronavirus-spread. Cissy Zhou, “China Coronavirus: As Travel Ban Is Issued for Wuhan, Many in City Rush to Escape,” South China Morning Post, January 23, 2020, www.scmp.com/news/china/society/article/3047263/china-coronavirus-travel-ban-issued-residents-wuhan. 6.

Closure of gun stores: “LA County Sheriff Closes Gun Stores in 42 Cities Due to Coronavirus Outbreak,” NBC Los Angeles, March 26, 2020, www.nbclosangeles.com/news/local/la-county-sheriff-closes-gun-stores-in-42-cities-due-to-coronavirus-outbreak/2336094; cf. Alexandra Meeks and Leah Asmelash, “Los Angeles Sheriff Orders Gun Stores Shut Down Due to Coronavirus Restrictions,” CNN, March 24, 2020, www.cnn.com/2020/03/24/us/los-angeles-gun-store-close-coronavirus-trnd; Justin Carissimo, “1,700 Inmates Released from Los Angeles County in Response to Coronavirus Outbreak,” CBS News, March 24, 2020, www.cbsnews.com/news/inmates-released-los-angeles-county-coronavirus-response-2020-03-24.

Tobias Hoonhout, “Bill Gates Dismisses Chinese Coronavirus Coverup: ‘It’s Not Even Time for That Discussion,’” National Review, April 27, 2020, www.nationalreview.com/news/bill-gates-dismisses-chinese-coronavirus-coverup-its-not-even-time-for-that-discussion; Ariel Zilber, “Bill Gates Defends China’s Coronavirus Response: Billionaire Says Beijing ‘Did a Lot of Things Right’ at the Start of the Pandemic and Claims Criticism of the Communist Party Is a ‘Distraction,’” Daily Mail, April 26, 2020, www.dailymail.co.uk/news/article-8259591/Now-not-time-Bill-Gates-defends-China-coronavirus-response.html. 6. Jack Goldsmith and Andrew Keane Woods, “Internet Speech Will Never Go Back to Normal,” The Atlantic, April 25, 2020, www.theatlantic.com/ideas/archive/2020/04/what-covid-revealed-about-internet/610549. 7.


pages: 416 words: 124,469

The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard

2021 United States Capitol attack, Affordable Care Act / Obamacare, Airbnb, Alan Greenspan, asset-backed security, bank run, banking crisis, Basel III, Bear Stearns, collateralized debt obligation, coronavirus, corporate governance, COVID-19, Donald Trump, Dutch auction, financial engineering, financial innovation, fixed income, Ford Model T, forensic accounting, forward guidance, full employment, glass ceiling, Glass-Steagall Act, global reserve currency, Greenspan put, hydraulic fracturing, income inequality, inflation targeting, Internet Archive, inverted yield curve, junk bonds, lockdown, long and variable lags, Long Term Capital Management, low interest rates, manufacturing employment, market bubble, Money creation, mortgage debt, new economy, obamacare, pets.com, power law, proprietary trading, quantitative easing, reserve currency, risk tolerance, Robinhood: mobile stock trading app, Ronald Reagan, Silicon Valley, stock buybacks, too big to fail, yield curve

., 186–88, 191, 192, 194, 195, 198 AIG, 23 Airbnb, 297 allocation of money, 19, 20 allocative effects of quantitative easing, 27, 28 of zero bound, 19, 20, 27 American Banker, 209 American Enterprise Institute, 18 announcement effect, 134 Apollo Management, 168–70, 172–74, 180, 186, 191 Ares Capital, 213 asset bubbles, 20, 29, 54–56, 63, 69, 82, 83, 85, 88–89, 91–93, 95, 105, 134, 142, 148, 222, 228, 231, 234, 300 China and, 235 Florida real estate, 54–55, 86 asset prices and value, 53–55, 57–59, 68, 81, 82, 86–87, 98, 237, 259, 262 coronavirus relief and, 288 inflation and, 50, 68–69, 81–84, 87, 95, 119, 148, 182, 224, 295, 297, 305 interest rates and, 300 loans and, 49–51, 57–60 quantitative easing and, 119, 132, 148, 182, 300 ZIRP and, 119, 192 assets, 235 coronavirus bailouts and, 287 defined, 54 ownership of, 119, 287 AT&T, 270 auto workers, 74 Axel, Ralph, 254 bailouts, 87, 208–11, 248–49, 302 coronavirus, see coronavirus relief and bailout programs repo market, 243–58 in 2008 and 2009, 10, 23, 100–102, 206, 249, 286 Bain Capital, 180 Bair, Sheila, 210 Baker, James, III, 162 balance sheets of banks, 50–51, 57–58 defined, 343 of Fed, 102, 138, 147, 211, 227, 231, 236, 256, 257, 290–91, 301–2, 343, 349 bank failures, 45–46, 48, 66, 67, 68, 73, 96n, 98, 100 Continental Illinois, 65–66, 68–69, 97, 98, 100 coronavirus and, 269–70 FDIC and, 208–9 Fed’s loans to banks during, 46, 58, 63 of 1873, 46 of foreign banks, 101 liquidation of insolvent banks, 64 living wills and, 208–9, 269 of 1980s, 53, 58–59, 96 Penn Square, 63–65, 67–69, 97, 98 “too big to fail” banks, 66–67, 97, 202, 203, 209, 219 Bank Policy Institute, 206–7 banks, 43 bailouts of, see bailouts balance sheets of, 50–51, 57–58 Basel III accord and, 203, 204, 209–10 big, Hoenig’s plan to break up (the Hoenig rule), 203–7, 209 capital set aside for times of crisis, 209–11 central, 103–4, 112, 139–40, 217–18, 232, 235, 237–38, 345 central, U.S. creation of, 44–47 community, 202 coronavirus and, 269 divided into commercial and investment, 80, 348 Dodd-Frank rules and, 203, 204, 207, 209, 229, 252, 277, 350 early American system of, 45 economics and, 302 European, 134, 210 FDIC liquidation of, 64 FDIC’s protection of consumer deposits in, 80, 202, 345 FDR and, 79, 100, 204 free banking era, 45 Global Financial Crisis’s effect on, 202, 206 Hoenig’s disputes with bankers, 49–50, 55, 58–59, 65 Hoenig’s views on, 43–44 interstate banking laws, 96–97 lobbyists for, 206–7 mergers and consolidation of, 43, 202 New Deal and, 79–80, 204 overnight loans between, 114, 248, 249 regional, 279 regulation of, 48, 79, 80, 97, 100, 203, 204, 207, 209 reserves of, 121, 221, 244, 248–49, 251, 256 reserves of, excess, 227, 243, 244, 248–50 shadow, 202, 252, 291, 350 stock value of, 269, 270 stress tests for, 207–8, 229, 269 symposium of directors of, 96–99 see also loans Barstool Sports, 288 Basel III accord, 203, 204, 209–10 basis risk trades, 252–55, 265 BDCs (business development corporations), 181 bear market, 236 Bear Stearns, 277 Beck, Glenn, 109–11 Bell, Steve, 158–60 Belly Up (Zweig), 64 Bernanke, Ben, 10, 22–26, 31, 73, 93–94, 96, 102, 105, 108, 132, 136, 146, 217, 222, 223, 229, 243, 258, 267, 291 Citadel and, 289–90 Congressional testimony of, 99, 109 final meeting as Fed chairman, 222 Fisher and, 131 Hoenig and, 15, 29, 93–94, 104 inflation and, 93 memoir of, 22, 34 press conferences of, 144–45 quantitative easing and, 10, 25–34, 105, 112–13, 118n, 121, 126–30, 132–34, 136, 140–46, 148, 182, 247 Yellen and, 130 Bianco, Jim, 261–63, 269–70 Biden, Joe, 298–99, 304 Binder, Carola, 108, 109, 144 Bloomberg News, 101, 109, 231, 298 BlueCrest Capital Management, 254 BNP Paribas, 99–100 Boehne, Edward, 72 Boeing, 298 Boies Schiller Flexner, 284 bonds, 119, 134, 142, 147, 155–56, 170, 211, 218, 235, 237, 262, 270, 272, 279, 347 coronavirus relief and, 288 defined, 344 developing nations and, 216–17 Fed’s purchase of, 101, 110, 139, 227, 267, 279, 280, 282 Fed’s sale of, 231–34, 236 junk, see junk bonds negative-interest-rate, 217–18 Operation Twist and, 127 Treasury, see Treasury bonds Boston Market, 284 Bowman, Michelle, 280n Brady, Nicholas F., 156–58, 160–61 Brainard, Lael, 272, 280n Brazil, 217 Brookings Institution, 224, 257–58 Brown, Sherrod, 206 Bryan, Vicki, 177–78, 182 Bryan, William Jennings, 9, 46 Buffett, Warren, 159–60 Bullard, Jim, 34 Burns, Arthur, 22 Bush, George H.

CHAPTER 14: INFECTION The first waves of volatility: Sui-Lee Wee and Vivian Wang, “China Grapples with Mystery Pneumonia-Like Illness,” New York Times, January 6, 2020; Fanfan Wang, “China Reports First Death from New Coronavirus,” Wall Street Journal, January 11, 2020; Michael Levenson, “Scale of China’s Wuhan Shutdown Is Believed to Be Without Precedent,” New York Times, January 22, 2020; Jason Horowitz, “Italy Locks Down Much of the Country’s North over the Coronavirus,” New York Times, March 7, 2020; transcript of the CDC Telebriefing Update on COVID-19, February 26, 2020. The traders on Wall Street did start thinking: Jim Bianco and Scott Minerd, interviews with author, 2020. On Thursday, February 27: Catherine Thorbecke, “Dow Jones Plunges Most Since 2008 on Coronavirus Fears,” ABC News, February 27, 2020.

In retrospect, Tom Hoenig’s trip to Starbucks seemed like an especially poignant moment. He didn’t know it at the time, but this was the closing chapter on an epoch of American economic history. The daily headlines were about a growing viral epidemic. A novel coronavirus was quickly spreading around the world. One hundred and fifty-eight cases of coronavirus infection had been reported in the United States on March 4. This was scary, but the guests at Starbucks with Hoenig entered and left freely. Nobody wore a face mask. It was still taken for granted that people shook hands when they met. Things seemed normal.


pages: 491 words: 141,690

The Controlled Demolition of the American Empire by Jeff Berwick, Charlie Robinson

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, airport security, Alan Greenspan, American Legislative Exchange Council, American Society of Civil Engineers: Report Card, bank run, barriers to entry, Berlin Wall, Bernie Sanders, Big Tech, big-box store, bitcoin, Black Lives Matter, bread and circuses, Bretton Woods, British Empire, call centre, carbon credits, carbon footprint, carbon tax, Cass Sunstein, Chelsea Manning, clean water, cloud computing, cognitive dissonance, Comet Ping Pong, coronavirus, Corrections Corporation of America, COVID-19, crack epidemic, crisis actor, crony capitalism, cryptocurrency, dark matter, deplatforming, disinformation, Donald Trump, drone strike, Edward Snowden, Elon Musk, energy transition, epigenetics, failed state, fake news, false flag, Ferguson, Missouri, fiat currency, financial independence, George Floyd, global pandemic, global supply chain, Goldman Sachs: Vampire Squid, illegal immigration, Indoor air pollution, information security, interest rate swap, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jeff Bezos, Jeffrey Epstein, Julian Assange, Kickstarter, lockdown, Mahatma Gandhi, mandatory minimum, margin call, Mark Zuckerberg, mass immigration, megacity, microapartment, Mikhail Gorbachev, military-industrial complex, new economy, no-fly zone, offshore financial centre, Oklahoma City bombing, open borders, opioid epidemic / opioid crisis, pill mill, planetary scale, plutocrats, Ponzi scheme, power law, pre–internet, private military company, Project for a New American Century, quantitative easing, RAND corporation, reserve currency, RFID, ride hailing / ride sharing, Saturday Night Live, security theater, self-driving car, Seymour Hersh, Silicon Valley, smart cities, smart grid, smart meter, Snapchat, social distancing, Social Justice Warrior, South China Sea, stock buybacks, surveillance capitalism, too big to fail, unpaid internship, urban decay, WikiLeaks, working poor

These are just some of the conspiracy “myths” that have been proven since the onset of the Coronavirus. From mind control to population control, crowd control, and exchange control – if people do not see a pattern here, they may beyond help. But first, it is important to have a look at the Coronavirus Plandemic and the events of 2020 that made the world go boom! Virus X Pneumonia of unknown cause detected in Wuhan, China was first reported to the WHO Country Office in China on 31 December 2019. The outbreak was declared a Public Health Emergency of International Concern on 30 January 2020. On 11 February 2020, WHO announced a name for the new coronavirus disease: COVID-19.

Recently, the Center for Health Security has received questions about whether that pandemic exercise predicted the current novel coronavirus outbreak in China. To be clear, the Center for Health Security and partners did not make a prediction during our tabletop exercise. For the scenario, we modeled a fictional coronavirus pandemic, but we explicitly stated that it was not a prediction. Instead, the exercise served to highlight preparedness and response challenges that would likely arise in a very severe pandemic. We are not now predicting that the nCoV-2019 outbreak will kill 65 million people. Although our tabletop exercise included a mock novel coronavirus, the inputs we used for modeling the potential impact of that fictional virus are not similar to nCoV-2019. ”Event 201” was the fourth major pandemic exercise that the Center for Health Security has run – a mere three months before the official outbreak of…guess what…a coronavirus pandemic.

“It’s called the American dream – because you have to be asleep to believe it.” Bang! Because of worldwide Coronavirus lockdowns, millions of people have been forced out of their jobs and their businesses – over 40 million in the US alone! Small businesses have been buried already, large businesses are starting to stink and economies are flailing helplessly. In March 2020, the world’s seven key western economies, Canada, France, Germany, Italy, Japan, the UK, and the US, pledged to fight off a world-wide Great Depression by standing united against the Coronavirus economic meltdown. It is a beautiful thing all this love and trust and cooperation.


pages: 521 words: 110,286

Them and Us: How Immigrants and Locals Can Thrive Together by Philippe Legrain

affirmative action, Albert Einstein, AlphaGo, autonomous vehicles, Berlin Wall, Black Lives Matter, Boris Johnson, Brexit referendum, British Empire, call centre, centre right, Chelsea Manning, clean tech, coronavirus, corporate social responsibility, COVID-19, creative destruction, crowdsourcing, data science, David Attenborough, DeepMind, Demis Hassabis, demographic dividend, digital divide, discovery of DNA, Donald Trump, double helix, Edward Glaeser, en.wikipedia.org, eurozone crisis, failed state, Fall of the Berlin Wall, future of work, illegal immigration, immigration reform, informal economy, Jane Jacobs, job automation, Jony Ive, labour market flexibility, lockdown, low cost airline, low interest rates, low skilled workers, lump of labour, Mahatma Gandhi, Mark Zuckerberg, Martin Wolf, Mary Meeker, mass immigration, moral hazard, Mustafa Suleyman, Network effects, new economy, offshore financial centre, open borders, open immigration, postnationalism / post nation state, purchasing power parity, remote working, Richard Florida, ride hailing / ride sharing, Rishi Sunak, Ronald Reagan, Silicon Valley, Skype, SoftBank, Steve Jobs, tech worker, The Death and Life of Great American Cities, The future is already here, The Future of Employment, Tim Cook: Apple, Tyler Cowen, urban sprawl, WeWork, Winter of Discontent, women in the workforce, working-age population

Former president Nicolas Sarkozy said, ‘the only community that matters is the French community… We will no longer settle for integration that does not work, we will require assimilation.’24 François Fillon, the eventual conservative candidate, argued that immigration should be ‘reduced to a strict minimum’.25 But Emmanuel Macron, a social liberal political newcomer, ultimately beat Le Pen to the presidency in 2017 by attacking the far-right leader’s vision of a ‘fractured, closed France’ and declaring that he was ‘for an open society’ and ‘a progressive world’, although his policies in office have not always lived up to that positive rhetoric.26 The coronavirus crisis has also highlighted the contribution that immigrants make. When he emerged from hospital after almost dying from coronavirus, Boris Johnson paid heartfelt tribute to his nurses ‘Jenny from New Zealand’ and ‘Luis from Portugal’, two of the thousands of immigrants who serve in the UK’s National Health Service (NHS).27 The lockdowns imposed in many countries to limit viral transmission have likewise underscored the essential functions performed by key workers – often immigrants previously dismissed as ‘unskilled’ – such as caring for the elderly, providing public transport and picking, packing, stacking and delivering food.

In every Western country surveyed by Pew except Italy and Greece, a majority of young people favour more diversity – in the UK nearly four in five do – and in every country that proportion is higher than among older people.3 Younger, more educated locals are much, much keener on admitting more migrants from poorer non-European countries than older, less educated locals.4 Sadly, the trends pushing towards closing borders and stamping on difference are powerful too. Governments around the world have shut borders to limit coronavirus transmission, and greater restrictions may remain once the pandemic passes. Economies may not bounce back quickly from their coronavirus collapse and high unemployment may endure. Public finances and public services are often strained. Housing in desirable cities remains unaffordable for most. Small towns are sometimes left behind by economic progress. Cultural fears compound economic concerns.

E3 visas are for Australian professionals. 35 US Department of State, ‘Report of the Visa Office 2018’, Table XVI(B). https://travel.state.gov/content/dam/visas/Statistics/AnnualReports/FY2018AnnualReport/FY18AnnualReport%20-%20TableXVIB.pdf 36 The US offers 124,365 EB-1, EB-2 and EB-3 permanent work visas a year. 37 Jessica Kwong, ‘H-1B Visa Program and Trump: How High-Skilled Immigrants are being Threatened by President’s Administration’, Newsweek, 1 March 2018. http://www.newsweek.com/h-1b-visa-program-trump-administration-824688 38 ‘Presidential Executive Order on Buy American and Hire American’, 18 April 2017. https://www.whitehouse.gov/presidential-actions/presidential-executive-order-buy-american-hire-american/ 39 William Kerr, The Gift of Global Talent, 2018 40 Demetri Sevastopulo and Yuan Yang, ‘Ex-Google chief warns of need for AI co-operation with China’, Financial Times, 5 November 2019. https://www.ft.com/content/6a1de5b6-ff5f-11e9-b7bc-f3fa4e77dd47 41 ‘Relations between China and America are infected with coronavirus’, The Economist, 26 March 2020. https://www.economist.com/united-states/2020/03/26/relations-between-china-and-america-are-infected-with-coronavirus 42 Michael Savage, ‘NHS winter crisis fears grow after thousands of EU staff quit’, Guardian, 24 November 2019. https://www.theguardian.com/society/2019/nov/24/nhs-winter-crisis-thousands-eu-staff-quit 43 Alan Travis, ‘UK hits visa cap on skilled workers for third month in row’, Guardian, 18 February 2018. https://www.theguardian.com/uk-news/2018/feb/18/uk-hits-skilled-worker-visa-cap-third-month-home-office-refuses-applications 44 Jack Graham, ‘The New Global Talent Race’, OPEN, 13 June 2018. http://www.opennetwork.net/the-new-global-talent-race/ 45 Hugo O’Doherty, ‘Canada Immigration Levels Plan: 2019–2021’, Moving2Canada, 31 October 2018. https://moving2canada.com/canada-immigration-levels-plan-2019-2021/ 46 Government of Canada, ‘Hire a top foreign talent through the Global Talent Stream’.


pages: 521 words: 118,183

The Wires of War: Technology and the Global Struggle for Power by Jacob Helberg

"World Economic Forum" Davos, 2021 United States Capitol attack, A Declaration of the Independence of Cyberspace, active measures, Affordable Care Act / Obamacare, air gap, Airbnb, algorithmic management, augmented reality, autonomous vehicles, Berlin Wall, Bernie Sanders, Big Tech, bike sharing, Black Lives Matter, blockchain, Boris Johnson, Brexit referendum, cable laying ship, call centre, Cambridge Analytica, Cass Sunstein, cloud computing, coronavirus, COVID-19, creative destruction, crisis actor, data is the new oil, data science, decentralized internet, deep learning, deepfake, deglobalization, deindustrialization, Deng Xiaoping, deplatforming, digital nomad, disinformation, don't be evil, Donald Trump, dual-use technology, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, fail fast, fake news, Filter Bubble, Francis Fukuyama: the end of history, geopolitical risk, glass ceiling, global pandemic, global supply chain, Google bus, Google Chrome, GPT-3, green new deal, information security, Internet of things, Jeff Bezos, Jeffrey Epstein, John Markoff, John Perry Barlow, knowledge economy, Larry Ellison, lockdown, Loma Prieta earthquake, low earth orbit, low skilled workers, Lyft, manufacturing employment, Marc Andreessen, Mark Zuckerberg, Mary Meeker, Mikhail Gorbachev, military-industrial complex, Mohammed Bouazizi, move fast and break things, Nate Silver, natural language processing, Network effects, new economy, one-China policy, open economy, OpenAI, Parler "social media", Peter Thiel, QAnon, QR code, race to the bottom, Ralph Nader, RAND corporation, reshoring, ride hailing / ride sharing, Ronald Reagan, Russian election interference, Salesforce, Sam Altman, satellite internet, self-driving car, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, Skype, smart grid, SoftBank, Solyndra, South China Sea, SpaceX Starlink, Steve Jobs, Steven Levy, Stuxnet, supply-chain attack, Susan Wojcicki, tech worker, techlash, technoutopianism, TikTok, Tim Cook: Apple, trade route, TSMC, Twitter Arab Spring, uber lyft, undersea cable, Unsafe at Any Speed, Valery Gerasimov, vertical integration, Wargames Reagan, Westphalian system, white picket fence, WikiLeaks, Y Combinator, zero-sum game

Florida Politics, October 9, 2019, https://floridapolitics.com/archives/307822-senate-intelligence-committee-russian-meddling-targeted-marco-rubio-jeb-bush-in-2016/. 9 Jill Lepore, “Party Time,” New Yorker, September 10, 2007, https://www.newyorker.com/magazine/2007/09/17/party-time. 10 “About COVID-19,” Centers for Disease Control and Prevention, September 1, 2020, https://www.cdc.gov/coronavirus/2019-ncov/cdcresponse/about-COVID-19.html. 11 Finbarr Bermingham and Cissy Zhou, “Coronavirus: China and US in ‘new Cold War’ as relations hit lowest point in ‘more than 40 years,’ spurred on by pandemic,” South China Morning Post, May 5, 2020, https://www.scmp.com/economy/china-economy/article/3082968/coronavirus-china-us-new-cold-war-relations-hit-lowest-point. 12 Chris Buckley and Steven Lee Myers, “From ‘Respect’ to ‘Sick and Twisted’: How Coronavirus Hit U.S.-China Ties,” New York Times, May 15, 2020, https://www.nytimes.com/2020/05/15/world/asia/coronavirus-china-united-states-cold-war.html. 13 Hal Brands and Jake Sullivan, “China Has Two Paths to Global Domination,” Foreign Policy, May 22, 2020, https://foreignpolicy.com/2020/05/22/china-superpower-two-paths-global-domination-cold-war/. 14 David E.

-China Economic and Security Review Commission, June 24, 2020, https://www.uscc.gov/sites/default/files/2020-06/Flournoy_Testimony.pdf. 51 “The Trump administration wants a US-China commercial split,” The Economist, August 13, 2020, https://www.economist.com/business/2020/08/13/the-trump-administration-wants-a-us-china-commercial-split; Apjit Walia, “The coming Tech Wall and the covid dilemma,” DB Research, https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000507995/The_coming_Tech_Wall_and_the_covid_dilemma.pdf. 52 Kim Lyons, “Apple starts making first flagship iPhone in India,” The Verge, July 25, 2020, https://www.theverge.com/2020/7/25/21338436/apple-iphone11-india-foxconn-china. 53 Lauly Li and Cheng Ting-Fang, “Inside the US campaign to cut China out of the tech supply chain,” Nikkei Asia, October 7, 2020, https://asia.nikkei.com/Spotlight/The-Big-Story/Inside-the-US-campaign-to-cut-China-out-of-the-tech-supply-chain. 54 Huileng Tan, “Coronavirus outbreak in China spurs supply chain shifts that began during trade war,” CNBC, February 20, 2020, https://www.cnbc.com/2020/02/20/coronavirus-outbreak-spurs-supply-chain-shifts-started-by-us-china-trade-war.html. 55 Huileng Tan, “There will be a ‘massive’ shuffling of supply chains globally after coronavirus shutdowns,” CNBC, March 20, 2020, https://www.cnbc.com/2020/03/20/coronavirus-shocks-will-lead-to-massive-global-supply-chain-shuffle.html. 56 “Attorney General William P. Barr Delivers the Keynote Address at the Department of Justice’s China Initiative Conference,” U.S.

A 2020 report by the State Department’s Global Engagement Center concluded that China, Russia, and Iran were coordinating their messaging on the coronavirus. Each government spread falsehoods that the virus was developed as an American bioweapon, that China had responded well, and that the U.S. economy was collapsing. The report was not released publicly, but according to Politico, it argued “that propaganda and disinformation narratives from those country’s [sic] governments have converged as coronavirus has spread.” A few months later, representatives from the Chinese and Russian foreign ministries held “consultations” on disinformation.162 The stated goal was ostensibly to “jointly combat disinformation,” but coordination was more likely on the agenda.


pages: 285 words: 98,832

The Premonition: A Pandemic Story by Michael Lewis

"World Economic Forum" Davos, Airbnb, contact tracing, coronavirus, COVID-19, dark matter, data science, deep learning, Donald Davies, Donald Trump, double helix, energy security, facts on the ground, failed state, gentleman farmer, global supply chain, illegal immigration, Marc Benioff, Mark Zuckerberg, out of africa, precautionary principle, QAnon, rolling blackouts, Ronald Reagan, Salesforce, Silicon Valley, social distancing, Social Justice Warrior, stem cell, tech bro, telemarketer, the new new thing, working poor, young professional

Joe’s team took the lung sample sent by the CDC, dissolved it, and washed the genetic material across the Virochip. Bits of it had attached to bits of three different previously identified viruses: a cow coronavirus, a bird coronavirus, and a human coronavirus. “It was like pieces of a jigsaw puzzle from three different puzzles,” says DeRisi. “They didn’t fit together. It said to us this is a novel coronavirus.” The new virus’s similarity to known viruses inside cows, birds, and people did not imply that it had come from a cow or a bird or a person. The so-called reservoir species—the animal harboring the virus before the virus jumped into humans—remained a mystery.

Then he went to work on the lung. Twenty-four hours later his lab had identified the pathogen that had killed its original owner: a new coronavirus. Back in March 2003, this was shocking news. No one had ever heard of a coronavirus causing severe illness in people. Coronaviruses could be deadly to animals, but in people they’d always manifested themselves as the common cold. The World Health Organization would eventually give the disease caused by this coronavirus its name: severe acute respiratory syndrome, or SARS. “After that I was hooked,” said Joe. “I said I want to do more of this.” Joe sensed that the CDC was stunned by what the DeRisi Lab had done, and by how quickly they’d done it.

“Sending tests even to the CDC was taking days, not hours,” said Joe. A test that took ten days to process was a pointless test. Absent fast tests, hospitals were being forced to treat everyone who rolled into the parking lot with coronavirus-like symptoms as if they had the virus, when more often than not they did not. Beds in the coronavirus wing were being taken by people who didn’t need them. Nurses and doctors were running through scarce protective gear they needed for actual coronavirus patients. But the biggest problem of having no tests was not knowing where the virus was and where it was not. Without fast tests, you could not isolate the people who needed to be isolated, or liberate the people who didn’t.


Forward: Notes on the Future of Our Democracy by Andrew Yang

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, Affordable Care Act / Obamacare, Amazon Web Services, American Society of Civil Engineers: Report Card, basic income, benefit corporation, Bernie Sanders, blockchain, blue-collar work, call centre, centre right, clean water, contact tracing, coronavirus, correlation does not imply causation, COVID-19, data is the new oil, data science, deepfake, disinformation, Donald Trump, facts on the ground, fake news, forensic accounting, future of work, George Floyd, gig economy, global pandemic, income inequality, independent contractor, Jaron Lanier, Jeff Bezos, job automation, Kevin Roose, labor-force participation, Marc Benioff, Mark Zuckerberg, medical bankruptcy, new economy, obamacare, opioid epidemic / opioid crisis, pez dispenser, QAnon, recommendation engine, risk tolerance, rolodex, Ronald Reagan, Rutger Bregman, Sam Altman, Saturday Night Live, shareholder value, Shoshana Zuboff, Silicon Valley, Simon Kuznets, single-payer health, Snapchat, social distancing, SoftBank, surveillance capitalism, systematic bias, tech billionaire, TED Talk, The Day the Music Died, the long tail, TikTok, universal basic income, winner-take-all economy, working poor

CHAPTER 10: THE CENTERS FOR PASSING THE BUCK But the coronavirus tests David Willman, “Contamination at CDC Lab Delayed Rollout of Coronavirus Tests,” Washington Post, April 18, 2020. “It was just tragic” Sheila Kaplan, “C.D.C. Labs Were Contaminated, Delaying Coronavirus Testing, Officials Say,” New York Times, April 18, 2020. out of the nearly fifteen thousand “What Is the CDC and What Does It Do?,” Atlanta Journal-Constitution. He couldn’t identify Kaplan, “C.D.C. Labs Were Contaminated.” Weeks later, the director Abby Goodnough and Sheila Kaplan, “C.D.C.’s Dr. Robert Redfield Confronts Coronavirus, and Anger,” New York Times, March 13, 2020.

* * * — THOSE LAST WEEKS before Joe Biden effectively clinched the nomination were the final weeks in which anything felt remotely normal. By mid-March, COVID-19 (we were still simply referring to it as “the coronavirus” back then) was shutting everything down. Back then New York City was the epicenter of the virus in the United States. CNN stopped having us in the studio for safety reasons around the same time, and the streets began to empty out. It was hard to comprehend how quickly the coronavirus changed everything. It hit me what was happening when my son’s school shut down. I had a call with Zach, who had transitioned from my campaign manager to the Humanity Forward team to try to figure out an appropriate response to what I believed was going to be a social and economic catastrophe as well as a public health crisis.

The reports were so indicative of a screwup that Timothy Stenzel, a virologist from the Food and Drug Administration, was sent to the CDC to see why the tests were all giving false positives. He found that the CDC, in violation of its own protocols, had assembled the test kits in a room that also contained coronavirus material leading to contamination. Technicians were strolling in and out of the testing lab without even changing their lab coats. In other words, the CDC had assembled the testing kits in a lab that also housed the coronavirus. Resolving the test-manufacturing defects took one month—a lost month during one of the most crucial periods in American history. This was February 2020, when hundreds of Americans were starting to come down with COVID-19 in Washington and around the country.


pages: 406 words: 88,977

How to Prevent the Next Pandemic by Bill Gates

augmented reality, call centre, computer vision, contact tracing, coronavirus, COVID-19, data science, demographic dividend, digital divide, digital map, disinformation, Edward Jenner, global pandemic, global supply chain, Hans Rosling, lockdown, Neal Stephenson, Picturephone, profit motive, QR code, remote working, social distancing, statistical model, TED Talk, women in the workforce, zero-sum game

One area in which CEPI can contribute is the creation of vaccines that would be effective against entire families of viruses, also known as universal vaccines. Today’s COVID vaccines teach your immune system to attack part of the spike protein on the surface of one specific coronavirus. But researchers are now working on vaccines that would target shapes that show up on all coronaviruses, including COVID and its cousins, and would even be likely to appear on ones that evolve in the future. With a universal coronavirus vaccine, your body would be ready to fight viruses that don’t exist yet. Coronaviruses and influenza viruses should be the targets of these vaccines, since they have been responsible for the worst outbreaks of the past twenty years.

New cases per day (seven-day rolling average). Source: “Emerging COVID-19 Success Story: Vietnam’s Commitment to Containment,” Exemplars in Global Health program, https://www.exemplars.health (published March 2021; accessed Jan. 2022). Using data extracted from Hannah Ritchie et al., “Coronavirus Pandemic (COVID-19)” (2020), published online at OurWorldInData.org, https://ourworldindata.org/​coronavirus. GO TO FIGURE IN TEXT Its rate of excess deaths: Our World in Data, “Estimated Cumulative Excess Deaths per 100,000 People During COVID-19,” https://ourworldindata.org. GO TO NOTE REFERENCE IN TEXT IHME’s data also suggests: T.

Estimated infections are the number of people estimated to be infected with COVID-19 each day, including those not tested. COVID data available between Feb. 2020 and April 1, 2020. Source: Institute for Health Metrics and Evaluation (IHME) at the University of Washington. GO TO FIGURE IN TEXT “Coronavirus May Have Spread”: Sheri Fink and Mike Baker, “Coronavirus May Have Spread in U.S. for Weeks, Gene Sequencing Suggests,” New York Times, March 1, 2020. GO TO NOTE REFERENCE IN TEXT Oxford Nanopore is now working with: Oxford Nanopore, “Oxford Nanopore, the Bill and Melinda Gates Foundation, Africa Centres for Disease Control and Prevention and Other Partners Collaborate to Transform Disease Surveillance in Africa,” https://nanoporetech.com.


pages: 426 words: 136,925

Fulfillment: Winning and Losing in One-Click America by Alec MacGillis

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", Airbnb, Amazon Web Services, Bernie Sanders, Big Tech, Black Lives Matter, call centre, carried interest, cloud computing, cognitive dissonance, company town, coronavirus, COVID-19, data science, death of newspapers, deindustrialization, Donald Trump, edge city, fulfillment center, future of work, gentrification, George Floyd, Glass-Steagall Act, global pandemic, Great Leap Forward, high net worth, housing crisis, Ida Tarbell, income inequality, information asymmetry, Jeff Bezos, Jeffrey Epstein, Jessica Bruder, jitney, Kiva Systems, lockdown, Lyft, mass incarceration, McMansion, megaproject, microapartment, military-industrial complex, new economy, Nomadland, offshore financial centre, Oklahoma City bombing, opioid epidemic / opioid crisis, plutocrats, Ralph Nader, rent control, Richard Florida, ride hailing / ride sharing, Robert Mercer, Ronald Reagan, San Francisco homelessness, shareholder value, Silicon Valley, social distancing, strikebreaker, tech worker, Travis Kalanick, uber lyft, uranium enrichment, War on Poverty, warehouse robotics, white flight, winner-take-all economy, women in the workforce, working-age population, Works Progress Administration

., gentrification devastating to; see also Carver Road community; Central District Africatown Albuquerque, New Mexico Allen, Mike Allen, Paul: Microsoft co-established in Seattle by; Microsoft co-founded by; South Lake Union campus and All States Amazombies Amazon: annual sales growth at; antitrust law investigations involving; career day; convenience of; coronavirus pandemic and necessity of; coronavirus pandemic benefiting; coronavirus pandemic worker precautionary measures; counterfeit goods sold on; delivery and transportation expansion; drug testing at; employee nondisclosure agreements; employment growth at; on failure; financial institutions compared to; gatekeeper fees collected by; hiring events and introduction for workers; injury report rates; last leg delivery handled by; lobbying spending by; market valuation of; minimum wage announcement; office of economic development; origins of; power and influence of; PR push; public sector division; railroad giants compared to; renewable energy investments of; retail job losses due to; RFPs; Ring doorbell cameras; STAR method for decision-making; start-up ideas for; streaming media service; tax avoidance strategies of; trust and respect for; unions blocked by; wage and working condition concerns at; warehouse expansion nationwide; war zone analogy; worker discontent; as world’s highest-valued company; see also specific locations; specific topics Amazon Associate Virtual Job Tryout Amazon Day Expo: Collins involved in; Gandara, T., protesting; goal of; Grubbs attending; introductions and parameters for; Lee involved in; Marin involved in; naming of; trade-off discussion at; Westin supporting Amazon HQ2 headquarters: arguments for selecting location of; Baltimore bid for; bidding war; bidding war winners; career day for interest in new; Crystal City location; finalists for; need for; public competition for location selection of; resistance to New York City; Rubenstein interest in; secrecy around bids for; victims of selection process for; Washington, D.C., benefiting from new; see also Arlington, Virginia Amazon Web Services (AWS): Columbus, Ohio, as interest of; Columbus, Ohio, suburbs establishment of; Columbus, Ohio, suburbs selected for; community nondisclosure agreements; creation of; in Northern Virginia; Northern Virginia communities protesting; Public Sector Summit; secrecy of; at Virginia Data Center Leadership Awards; Worldwide Public Sector antitrust law hearings/investigations: activism fueling; Athena coalition on; Bezos testifying at; Cicilline speaking at; Congress presiding over; Jayapal speaking at; Khan on; Mitchell on; ruling on; Sutton testifying at; on third-party seller online sale fees antitrust prosecution Apple: antitrust law investigations involving; coronavirus pandemic benefiting Argote, Israel Espana Arlington, Virginia: as Amazon HQ2 headquarters selection; Crystal City in; donations toward housing affordability in; housing prices rising in; National Landing outside; Washington, D.C., benefiting from new site in Armitage, James Art of the Deal, The (Trump) Athena coalition Autor, David Autry, Clint AWS, see Amazon Web Services Baker, James III Ballard, Brian: Amazon hiring; Florida governor campaign work by; Trump support from Baltimore, Maryland: African American population in; Amazon arrival in; Amazon delivery van death near; Amazon employee homicides in; Amazon HQ2 headquarter bid from; Brick + Board company in; brick industry in; Bryant of; coronavirus pandemic in; corruption of city government; demolitions in; discrimination battles improving; drug overdoses in; Gray protests in; heart-pine flooring from; homicide rate in; Humanim in; income decline in; Jackson on demolition in; JLL in; Johnson, D., post-demolition work in; Package Rescue business in; Pollock of; population decline in; post-demolition work in; rail transit line proposal in; road trip from; robotic pickers in; salvage market in; tornado hitting; Washington, D.C., bricks from; Washington, D.C., compared to; see also Bodani, William Kenneth, Jr.; Sparrows Point Baltimore Brick Company bankruptcy: Bethlehem Steel filing for; the Bon-Ton filing for Baron, Marty Barry, Bill Bent, Luther Bethlehem Steel: anti-steelworker union propaganda; bankruptcy filed by; Bodani, W.

., presidential votes from; coronavirus pandemic in; fork incident near; Hutchison of; industries in early; Obama support from; poverty in; Rocky Shoes & Boots in; shoe industry in; state representative campaign video on; Texas Roadhouse near; Trump presidential votes from; Trump support in; William Brooks Shoe Company in; see also Sappington, Taylor New Albany, Ohio Newman, NaTasha New York City: as Amazon HQ2 headquarters selection; Amazon seizing coronavirus pandemic opportunity in; Amazon shipping congestion across; Bloomberg as former mayor of; Facebook seizing coronavirus pandemic opportunity in; Google headed to; hyper-prosperity issues in; population relocation during coronavirus pandemic; resistance to Amazon HQ2 headquarters in Nides, Tom Nixon, Richard nondisclosure agreements: Amazon employee; AWS community Northern Virginia: Arlington in; AWS in; AWS and Dominion Power protests in; Carver Road community in; Data Center Alley in; data center consolidation in; data center expansion in; Grayson of; Haymarket in; small business endeavors in; Virginia Data Center Leadership Awards in Nuti, Bill Obama, Barack: Amazon praised by; Carney working under; job loss during early presidency of; Nelsonville, Ohio, supporting; Office of Management and Budget under; Sappington endorsement from; Sappington supporting; Swallows job changes during presidency of; Wall Street unaccountable under; Washington, D.C., transformation following election of Obetz, Ohio Ocasio-Cortez, Alexandria Occupational Safety and Health Administration (OSHA): Carlisle, Pennsylvania, Rhodes fatality reported to; Carlisle, Pennsylvania, Rhodes investigation by; Carlisle, Pennsylvania, Shoemaker fatality investigation by; citation manipulation by; forklift hazard warning from; Kilp of Odeh, Khuloud Office Depot office of economic development Office of Management and Budget office supplies: coolofficesupplies.com selling; El Paso Independent School District buying; El Paso Office Products selling; Faber-Castell selling; Pencil Cup Office Products selling; procurement as counterpart to; RFPs for; trade show; Tucker fighting Amazon over Ohio: Amazon employee injuries in; Amazon interest in; Amazon new warehouse plan in; Amazon warehouse approval in; Amazon warehouse openings in; Dublin; Etna; food-stamp recipients in; Hilliard; JobsOhio; Little Cities of Black Diamonds in; mall closures in; Monroe; New Albany; Obetz; sales tax assessment in; state representative race in; tax credits in; tax exemptions in; see also Columbus, Ohio; Dayton, Ohio; Nelsonville, Ohio Ohio Development Services Agency Olah, David Olszewski, Johnny, Jr.

Louis move for Dunbar, Paul Laurence Durkan, Jenny Easter Sunday e-commerce: Amazon control of; Amazon expanding sales in; the Bon-Ton trying; growth of; repercussions of expanding Economic Club economic concentration economic location Edwards, Gary Edwards, Jay Elliott Bay Book Company El Paso, Texas: Amazon Day Expo in; coronavirus pandemic in; grocery near border of; Pencil Cup Office Products in; Sturgis & Co. in; UTEP; see also Gandara, Teresa; Grodin, Sandy El Paso Independent School District El Paso Office Products energy consumption entitlement Erdoğan, Recep Tayyip Etna, Ohio Faber-Castell Facebook: antitrust law investigations involving; The Bon-Ton Family on; coronavirus pandemic benefiting; journalism takeover by; total capital spending soar for failure FBA, see Fulfillment by Amazon FDR, see Roosevelt, Franklin D.


pages: 317 words: 87,048

Other Pandemic: How QAnon Contaminated the World by James Ball

"World Economic Forum" Davos, 2021 United States Capitol attack, 4chan, Abraham Wald, algorithmic bias, Bellingcat, Bernie Sanders, Big Tech, Black Lives Matter, blockchain, Boris Johnson, Charles Babbage, cognitive dissonance, Comet Ping Pong, coronavirus, COVID-19, crowdsourcing, deepfake, deplatforming, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, fake news, false flag, Gabriella Coleman, global pandemic, green transition, housing justice, informal economy, Jeffrey Epstein, Jeremy Corbyn, John Perry Barlow, Jon Ronson, Julian Assange, lab leak, lockdown, lolcat, Mark Zuckerberg, meta-analysis, Minecraft, nuclear winter, paperclip maximiser, Peter Thiel, Piers Corbyn, post-truth, pre–internet, QAnon, real-name policy, Russell Brand, side project, Silicon Valley, Silicon Valley billionaire, Snapchat, social contagion, Steve Bannon, survivorship bias, TikTok, trade route, We are Anonymous. We are Legion, WikiLeaks

Rebecca Heilwell, ‘How the 5G coronavirus conspiracy theory went from fringe to mainstream’, www.vox.com, 4 April 2020. 32. ‘Clapping, the NHS and 5G. Is this the most ridiculous coronavirus conspiracy so far?’, www.thatsnonsense.com, 3 April 2020. 33. Kaitlyn Tiffany, ‘Something in the Air’, www.theatlantic.com, 14 May 2020. 34. Bruce Y. Lee, ‘5G Networks And COVID-19 Coronavirus: Here Are The Latest Conspiracy Theories’, www.forbes.com, 9 April 2020. 35. Alexander Martin,’ Coronavirus: 90 attacks on phone masts reported during UK’s lockdown’, https://news.sky.com, 25 May 2020. 36. ‘Coronavirus: ‘ “Murder threats” to telecoms engineers over 5G’, www.bbc.co.uk, 23 April 2020. 37.

CBS, ‘Trump says coronavirus will “miraculously” be gone by April “once the weather warms up” ’, www.youtube.com, 11 February 2020. 38. Gabriel Sherman, ‘ “This Is So Unfair to Me”: Trump Whines About His COVID-19 Victimhood as Campaign Flails’, www.vanityfair.com, 26 May 2020. 39. ‘Daily new confirmed Covid-19 deaths per million people’, https://ourworldindata.org, accessed 14 October 2022. 40. Martin Pengelly, ‘Rush Limbaugh: coronavirus a “common cold” being “weaponised” against Trump’, www.theguardian.com, 25 February 2020. 41. Ryan Broderick, ‘Trump’s Biggest Supporters Think The Coronavirus Is A Deep State Plot’, www.buzzfeednews.com, 27 February 2020. 42.

It was as early as 21 January 2020 that QAnon-connected accounts started joining the dots on Gates. As the New York Times catalogues,25 a YouTuber had found a patent connected to a coronavirus by the Pirbright Institute, a Surrey-based infectious disease research institute specialising in illnesses in farm animals. The Pirbright Institute had, the YouTuber correctly said, received funding from the Gates Foundation, and therefore Gates had some stake in the pandemic. In reality, the patent related to a potential vaccine for an entirely different coronavirus – coronaviruses are a family of viruses with many different varieties, including several that cause common colds – one that affects livestock.


pages: 161 words: 37,042

Viruses: A Very Short Introduction (Very Short Introductions) by Crawford, Dorothy H.

clean water, coronavirus, CRISPR, discovery of penicillin, Edward Jenner, Francisco Pizarro, hygiene hypothesis, Louis Pasteur, megacity, Nelson Mandela, stem cell

This rapid dissemination of the virus threatened to cause a pandemic, but surprisingly by July 2003 it was over, the final toll being around 8,000 cases and 800 deaths involving 29 countries across 5 continents. SARS coronavirus spreads through the air and causes disease in almost everyone it infects. After an incubation period of 2 to 14 days, victims develop fever, malaise, muscle aches, and a cough, sometimes progressing rapidly to viral pneumonia that requires intensive care, with mechanical ventilation in around 20% of cases. But with no known treatment or preventive vaccine, how was the epidemic conquered so effectively? Left to its own devices, SARS coronavirus would undoubtedly have continued its trail of destruction but, fortunately, many of its characteristics played into the hands of those trying to stop it, and contributed to its speedy demise.

Once all these factors were appreciated, old-fashioned barrier nursing and isolation of patients and their contacts were enough to interrupt virus spread and prevent a pandemic. Unlike SARS coronavirus, HIV has been spreading among humans since the early 1900s and despite drugs which control the infection, it is still on the increase in certain areas of the world. Currently, there are 33 million people living with . We now know that re0SHIV, and it has caused over 25 million deaths since the first report of AIDS in 1981. It is interesting to examine the reasons for this lack of control, and to contrast these with the success of the SARS control programme. Firstly, although SARS coronavirus had spread internationally by the time it was recognized by the World Health Organization (WHO), it had only infected humans for a few months.

However, on occasions viruses do enter and successfully replicate in cells of a new host species, but after a window of opportunity lasting about a week during which they can colonize the host and reproduce, their offspring must move on to another susceptible host before the developing host immunity wipes them out. SARS coronavirus and H5N1 (bird) flu have both managed to infect humans but differ in their success to date. Whereas SARS coronavirus can spread between humans, H5N1 flu, which first jumped from birds to humans in 1997, is unable to do so. This flu virus strain is still poorly adapted to its new (human) host, and we will be in danger of an H5N1 flu pandemic only once it evolves an efficient method of spreading between us.


pages: 445 words: 135,648

Nothing Personal: My Secret Life in the Dating App Inferno by Nancy Jo Sales

Airbnb, Big Tech, Black Lives Matter, Cambridge Analytica, conceptual framework, coronavirus, COVID-19, digital divide, Donald Trump, double helix, East Village, emotional labour, fake news, feminist movement, gamification, gender pay gap, gentrification, global pandemic, helicopter parent, Jaron Lanier, Jeffrey Epstein, labor-force participation, lockdown, Mark Zuckerberg, meta-analysis, moral panic, New Urbanism, opioid epidemic / opioid crisis, PalmPilot, post-work, Robert Durst, Silicon Valley, Skype, Snapchat, social distancing, surveillance capitalism, tech billionaire, tech bro, techlash, TikTok, women in the workforce, young professional

“North Carolina Lawmakers Pass Bill to Close Sexual Assault Loopholes.” New York Times, November 1, 2019. www.nytimes.com/2019/11/01/us/north-carolina-sexual-assault-loophole.html. Paul, Katie, Inti Landauro, and Ellen Francis, “Love in the Time of Coronavirus? Around the World, Dating Finds a Way.” Reuters, March 19, 2020. www.reuters.com/article/us-health-coronavirus-dating-idUSKBN2161U6. Pauly, Madison, and Julia Lurie. “Domestic Violence 911 Calls Are Increasing. Coronavirus Is Likely to Blame.” Mother Jones, March 31, 2020. www.motherjones.com/crime-justice/2020/03/domestic-violence-abuse-coronavrius/. Peat, Jack. “Millennials ‘Spend 10 Hours a Week on Dating Apps.’”

Young people are lonelier, I think, because they’re not having as many relationships—at least not ones in real life. And sadly, the isolation required to contain the coronavirus has only made young people, and all of us, lonelier, despite our ability to communicate through screens. When the virus hit, some members of the media seemed to revel in this chance to embrace screen life, as if to say, “Hey, now we can indulge our addiction without judgment or worry that it’s really bad for us!” “Coronavirus Ended the Screen-Time Debate. Screens Won,” said a headline in the New York Times. “We’ve tried all sorts of things to stop us from staring into our devices.

Bibliography ABC News, “Gable Tostee Found Not Guilty of Killing Warriena Wright on Tinder Date.” Last modified October 20, 2016. www.abc.net.au/news/2016-10-20/gable-tostee-not-guiltyl-warriena-wright-fatal-balcony-fall/7928346. Acklin, Mary. “Unmarried Couples Are Quarantining Together Amid the Coronavirus, Having More Sex.” CivicScience, April 1, 2020. https://civicscience.com/couples-are-quarantining-together-amid-the-coronavirus-having-more-sex/. Adamy, Janet. “U.S. Marriage Rate Plunges to Lowest Level on Record.” Wall Street Journal, April 29, 2020. www.wsj.com/articles/u-s-marriage-rate-plunges-to-lowest-level-on-record-11588132860. Alexander, Reed. “Tinder Is Making More Money Than Any Other App.”


pages: 385 words: 112,842

Arriving Today: From Factory to Front Door -- Why Everything Has Changed About How and What We Buy by Christopher Mims

air freight, Airbnb, Amazon Robotics, Amazon Web Services, Apollo 11, augmented reality, autonomous vehicles, big-box store, blue-collar work, Boeing 747, book scanning, business logic, business process, call centre, cloud computing, company town, coronavirus, cotton gin, COVID-19, creative destruction, data science, Dava Sobel, deep learning, dematerialisation, deskilling, digital twin, Donald Trump, easy for humans, difficult for computers, electronic logging device, Elon Musk, Frederick Winslow Taylor, fulfillment center, gentrification, gig economy, global pandemic, global supply chain, guest worker program, Hans Moravec, heat death of the universe, hive mind, Hyperloop, immigration reform, income inequality, independent contractor, industrial robot, interchangeable parts, intermodal, inventory management, Jacquard loom, Jeff Bezos, Jessica Bruder, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kaizen: continuous improvement, Kanban, Kiva Systems, level 1 cache, Lewis Mumford, lockdown, lone genius, Lyft, machine readable, Malacca Straits, Mark Zuckerberg, market bubble, minimum wage unemployment, Nomadland, Ocado, operation paperclip, Panamax, Pearl River Delta, planetary scale, pneumatic tube, polynesian navigation, post-Panamax, random stow, ride hailing / ride sharing, robot derives from the Czech word robota Czech, meaning slave, Rodney Brooks, rubber-tired gantry crane, scientific management, self-driving car, sensor fusion, Shenzhen special economic zone , Shoshana Zuboff, Silicon Valley, six sigma, skunkworks, social distancing, South China Sea, special economic zone, spinning jenny, standardized shipping container, Steve Jobs, supply-chain management, surveillance capitalism, TED Talk, the scientific method, Tim Cook: Apple, Toyota Production System, traveling salesman, Turing test, two-sided market, Uber and Lyft, Uber for X, uber lyft, Upton Sinclair, vertical integration, warehouse automation, warehouse robotics, workplace surveillance

Notes Chapter 1: The Gathering Storm 17,600 different products: Jon Delano, “Shortage in Chinese Products Could Mean Empty Shelves in U.S,” CBS Pittsburgh, February 28, 2020, https://pittsburgh.cbslocal.com/2020/02/28/chinese-products-shortage-coronavirus. artificial sweeteners: Dion Rabouin, Joann Muller, Bob Herman, and Courtenay Brown, “Brace for Coronavirus Supply Shocks,” Axios, March 12, 2020, https://www.axios.com/brace-for-coronavirus-supply-shocks-d9bef456-e72f-4cdd-aa1d-4e55b87c246c.html. three in four U.S. firms: Dion Rabouin, “Coronavirus Has Disrupted Supply Chains for Nearly 75% of U.S. Companies,” Axios, March 11, 2020, https://www.axios.com/coronavirus-supply-chains-china-46d82a0f-9f52-4229-840a-936822ddef41.html. cod caught off Scotland: “Scotland to China and Back Again . . .

“AFE remains brutal”: Burgett, “AFE (Amazon Fulfillment Engine).” how long such orders will last: “Coronavirus Updates from March 20, 2020,” CBS News, March 21, 2020, https://www.cbsnews.com/live-updates/coronavirus-disease-covid-19-latest-news-2020-03-20. panic buying of necessities and staples: Corina Knoll, “Panicked Shoppers Empty Shelves as Coronavirus Anxiety Rises,” New York Times, March 13, 2020, https://www.nytimes.com/2020/03/13/nyregion/coronavirus-panic-buying.html. sold out of toilet paper: Anthony Cuthbertson, “Coronavirus: Amazon Sells Out of Toilet Paper and Other Essentials amid Panic Buying,” Independent (U.K.), March 16, 2020, https://www.independent.co.uk/life-style/gadgets-and-tech/news/coronavirus-amazon-panic-buying-shortages-stockpile-covid-19-a9404631.html.

Chapter 10: Rime of the Long-Haul Trucker every year: Paul Schenck, “Top-25 Trailer Output 2019,” Trailer Body Builders, March 13, 2020, https://www.trailer-bodybuilders.com/trailer-output/article/21126082/top25-trailer-output-2019. almost all of them in China: “Coronavirus Disease 2019 (COVID-19) Situation Report—43,” World Health Organization, March 3, 2020, https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200303-sitrep-43-covid-19.pdf. “risk to most Americans is low”: “An Emerging Disease Threat: How the U.S. Is Responding to COVID-19, the Novel Coronavirus,” Centers for Disease Control and Prevention, March 3, 2020, https://www.cdc.gov/washington/testimony/2020/t20200303.htm. effective against Covid-19: “List N: Disinfectants for Coronavirus (COVID-19),” United States Environmental Protection Agency, https://www.epa.gov/pesticide-registration/list-n-disinfectants-coronavirus-covid-19.


pages: 334 words: 91,722

Brexit Unfolded: How No One Got What They Want (And Why They Were Never Going To) by Chris Grey

"World Economic Forum" Davos, anti-communist, Berlin Wall, Boris Johnson, Brexit referendum, coronavirus, COVID-19, deindustrialization, Dominic Cummings, Donald Trump, failed state, Fall of the Berlin Wall, first-past-the-post, game design, global pandemic, imperial preference, Jeremy Corbyn, John Bercow, lockdown, non-tariff barriers, open borders, post-truth, reserve currency, Robert Mercer

For another, it offered a shield for the effects of Brexit because the economic impacts of coronavirus were so huge. Economists could warn that the Brexit effects would be far more significant in the longer term than those of coronavirus but, in the political here-and-now, those effects would be dwarfed. That meant that the inevitably adverse consequences of a trade deal (compared with EU membership) could more easily be concealed. On the other hand, it potentially made a no-deal Brexit more politically viable. However, neither was risk-free since both meant a double hit from Brexit and from coronavirus. At all events, from March onwards the Brexit process and the coronavirus pandemic became inextricably intertwined.

The same was true of Cummings and, for that matter, the entire Brexit high command, which had always been characterised by protest and victimhood, not competence and responsibility. That was – literally – fatal in terms of dealing with coronavirus, as was shown during 2020 by the much higher death rate than that of most other countries. But that in turn meant that the coronavirus crisis held up a mirror to the nature and limitations of how Brexiters had approached Brexit and how the Brexit government was pursuing it. However, if a government configured solely by Brexit was ill-equipped to deal with coronavirus, the pandemic crisis offered the government a convenient cover for how it was dealing with Brexit. For one thing, it meant that Brexit was no longer in the headlines.

But just as they were about to begin, something entirely unexpected and unprecedented was emerging which was to push Brexit from the headlines and to colour the entire negotiating proceedings: the global pandemic of a new and deadly virus. THE CORONAVIRUS PANDEMIC AND BREXIT There is no doubt a book to be written just on the way that the coronavirus – or Covid-19 – pandemic and Brexit intersected. For one thing, it meant that the future terms negotiations often took place by video conference, rather than face to face, which may have inflected them differently. It also meant that, at key times, members of the negotiating teams were in isolation and for a while the British Prime Minister was actually hospitalised.


pages: 420 words: 135,569

Imaginable: How to See the Future Coming and Feel Ready for Anything―Even Things That Seem Impossible Today by Jane McGonigal

2021 United States Capitol attack, Airbnb, airport security, Alvin Toffler, augmented reality, autism spectrum disorder, autonomous vehicles, availability heuristic, basic income, biodiversity loss, bitcoin, Black Lives Matter, blockchain, circular economy, clean water, climate change refugee, cognitive bias, cognitive dissonance, Community Supported Agriculture, coronavirus, COVID-19, CRISPR, cryptocurrency, data science, decarbonisation, digital divide, disinformation, Donald Trump, drone strike, Elon Musk, fake news, fiat currency, future of work, Future Shock, game design, George Floyd, global pandemic, global supply chain, Greta Thunberg, income inequality, index card, Internet of things, Jane Jacobs, Jeff Bezos, Kickstarter, labor-force participation, lockdown, longitudinal study, Mason jar, mass immigration, meta-analysis, microbiome, Minecraft, moral hazard, open borders, pattern recognition, place-making, plant based meat, post-truth, QAnon, QR code, remote working, RFID, risk tolerance, School Strike for Climate, Search for Extraterrestrial Intelligence, self-driving car, Silicon Valley, Silicon Valley startup, Snapchat, social distancing, stem cell, TED Talk, telepresence, telepresence robot, The future is already here, TikTok, traumatic brain injury, universal basic income, women in the workforce, work culture , Y Combinator

Goodman and Niraj Chokshi, “How the World Ran Out of Everything,” New York Times, June 1, 2021, https://www.nytimes.com/2021/06/01/business/coronavirus-global-shortages.html. 37 Diane Brady, “COVID-19 and Supply-Chain Recovery: Planning for the Future,” October 9, 2020, in The McKinsey Podcast, 29:09, https://www.mckinsey.com/business-functions/operations/our-insights/COVID-19-and-supply-chain-recovery-planning-for-the-future. 38 Sarah Gibbens, “These 5 Foods Show How Coronavirus Has Disrupted Supply Chains,” National Geographic, May 19, 2020, https://www.nationalgeographic.com/science/article/covid-19-disrupts-complex-food-chains-beef-milk-eggs-produce; “Food Security and COVID-19,” World Bank, August 17, 2021, https://www.worldbank.org/en/topic/agriculture/brief/food-security-and-covid-19. 39 “Burn-Out an ‘Occupational Phenomenon’: International Classification of Diseases,” World Health Organization, May 28, 2019, https://www.who.int/news/item/28-05-2019-burn-out-an-occupational-phenomenon-international-classification-of-diseases. 40 Jennifer Moss, “Beyond Burned Out,” Harvard Business Review, February 10, 2021, https://hbr.org/2021/02/beyond-burned-out; Anitra Lesser, “The Impacts of COVID on Rising Burnout Rates,” Employers Council, October 23, 2020, https://blog.employerscouncil.org/2020/10/23/the-impacts-of-COVID-on-rising-burnout-rates/. 41 “Long Working Hours Increasing Deaths from Heart Disease and Stroke: WHO, ILO,” World Health Organization, May 17, 2021, https://www.who.int/news/item/17-05-2021-long-working-hours-increasing-deaths-from-heart-disease-and-stroke-who-ilo. 42 Maria Cristina Rulli et al., “Land-Use Change and the Livestock Revolution Increase the Risk of Zoonotic Coronavirus Transmission from Rhinolophid Bats,” Nature Food 2 (June 2021): 409–16, https://doi.org/10.1038/s43016-021-00285-x; “Coronavirus, Climate Change, and the Environment: A Conversation on COVID-19 with Dr. Aaron Bernstein, Director of Harvard Chan C-CHANGE,” Harvard T. H. Chan School of Public Health, accessed August 27, 2021, https://www.hsph.harvard.edu/c-change/subtopics/coronavirus-and-climate-change/. 43 Institute of Medicine and National Research Council, Potential Risks and Benefits of Gain-of-Function Research: Summary of a Workshop (Washington, DC: National Academies Press, 2015), https://doi.org/10.17226/21666. 44 Andrea Pozzer et al., “Regional and Global Contributions of Air Pollution to Risk of Death from COVID-19,” Cardiovascular Research 116, no. 14 (December 2020): 2247–53, https://doi.org/10.1093/cvr/cvaa288. 45 Dan Walton and Maarten van Aalst, Climate-Related Extreme Weather Events and COVID-19: A First Look at the Number of People Affected by Intersecting Disasters (Geneva, Switzerland: International Federation of Red Cross and Red Crescent Societies, September 2020), https://media.ifrc.org/ifrc/wp-content/uploads/2020/09/Extreme-weather-events-and-COVID-19-V4.pdf. 46 James M.

Wittmann, “Reward and Novelty Enhance Imagination of Future Events in a Motivational-Episodic Network,” PLoS ONE 10, no. 11 (November 2015): e0143477, https://doi.org/10.1371/journal.pone.0143477. 13 Pema Chödrön, “Smile at Fear,” The Best Buddhist Writing 2012 (Boulder, Colorado: Shambhala, 2012). 14 Ibid. 15 National Intelligence Council, Global Trends 2040: A More Contested World, March 2021, https://www.dni.gov/files/ODNI/documents/assessments/GlobalTrends_2040.pdf. 16 Recommendations for learning more about these future forces: Antonio Regalado, “The Next Act for Messenger RNA Could Be Bigger Than COVID Vaccines,” MIT Technology Review, February 5, 2021, https://www.technologyreview.com/2021/02/05/1017366/messenger-rna-vaccines-COVID-hiv/; Bill McKibben, “Renewable Energy Is Suddenly Startlingly Cheap,” New Yorker, April 28, 2021, https://www.newyorker.com/news/annals-of-a-warming-planet/renewable-energy-is-suddenly-startlingly-cheap; Kaitlin Love, “Majority Favors Social Progress over Economic Growth in the Wake of the Coronavirus Pandemic,” Ipsos, September 10, 2020, https://www.ipsos.com/en-us/news-polls/Majority-Favors-Social-Progress-over-Economic-Growth-in-the-Wake-of-the-Coronavirus-Pandemic; Matthew Shaer, “Soon, Your Doctor Could Print a Human Organ on Demand,” Smithsonian Magazine, May 2015, https://www.smithsonianmag.com/innovation/soon-doctor-print-human-organ-on-demand-180954951/; Amos Zeeberg, “Bricks Alive!

., “The Origins and Consequences of Affective Polarization in the United States,” Annual Review of Political Science 22 (2019): 129–46, https://doi.org/10.1146/annurev-polisci-051117-073034; Shanto Iyengar, Gaurav Sood, and Yphtach Lelkes, “Affect, Not Ideology: A Social Identity Perspective on Polarization,” Public Opinion Quarterly 76, no. 3 (September 2012): 405–31, https://doi.org/10.1093/poq/nfs038. 7 Levi Boxell et al., “Affective Polarization Did Not Increase during the Coronavirus Pandemic,” working paper no. 28036 (October 2020), National Bureau of Economic Research, https://doi.org/10.3386/w28036. 8 Sebastian Jungkunz, “Political Polarization During the COVID-19 Pandemic,” Frontiers in Political Science 3 (March 2021): 622512, https://doi.org/10.3389/fpos.2021.622512; Hunt Allcott et al., “Polarization and Public Health: Partisan Differences in Social Distancing During the Coronavirus Pandemic,” Journal of Public Economics 191 (November 2020): 104254, https://doi.org/10.1016/j.jpubeco.2020.104254; Christos Makridis and Jonathan T.


pages: 101 words: 24,949

The London Problem: What Britain Gets Wrong About Its Capital City by Jack Brown

Big bang: deregulation of the City of London, Black Lives Matter, Boris Johnson, coronavirus, COVID-19, Crossrail, deindustrialization, Dominic Cummings, Donald Trump, Edward Glaeser, Etonian, gentrification, gig economy, Gordon Gekko, knowledge economy, lockdown, New Urbanism, Northern Rock, post-war consensus, quantitative easing, remote working, Richard Florida, sceptred isle, superstar cities, working-age population, zero-sum game

This book attempts to untangle some of these strands, however briefly, to try to better understand them. It begins with an overview of the facts, before undertaking a historical review of past attempts to address London’s perceived dominance within the UK. Next, it explores public perceptions and the relationship between rhetoric and reality. In closing, it considers the impact of the coronavirus pandemic, which arrived between this book’s conception and its delivery, and some possibilities for the future. This book This addition to Haus’s Curiosities series draws heavily on my research for a report entitled London, UK, conducted in 2018 for Centre for London. I am extremely grateful to Centre for London for the opportunity to spend time getting to know this subject and for its support – particularly that of Richard Brown (no relation).

While the reality is of course complex and multifaceted, a little more understanding about the capital itself – from its historical origins to its place in the UK economy today – is important. So, too, is an understanding of the much-maligned people who live there. Londoners At the start of 2020, before the coronavirus pandemic, London was home to nine million people, and this figure was expected only to increase. London’s growth has been driven primarily by ‘natural change’ (births exceeding deaths), but also by new arrivals from overseas. In terms of domestic migration (that is, movement within the UK), more people tend to leave London for elsewhere in the country than arrive each year, with over half moving to the neighbouring southeast or east of England regions, often when reaching their thirties, perhaps to start families outside the city.1 Somewhat relatedly, the average Londoner today is almost five years younger than the UK average, although the number of Londoners over the age of sixty-five is also increasing.2 Today’s Londoners are also incredibly diverse, in every sense of the word.

Equally, major protests see citizens travel from across the country to converge on the capital’s public spaces, often in Trafalgar Square, Hyde Park, or Parliament Square. Here they gather to express opposition to issues as diverse as the Iraq War or the ban on foxhunting in the early 2000s or, more recently, to structural racism or the coronavirus lockdowns in 2020. Political power lies in the capital’s streets as well as its historic buildings. Regional imbalances? With so much going on in one place, it is unsurprising that London has such a dominant role within its nation. The Institute for Fiscal Studies recently ranked the UK as one of the most geographically unequal nations in the developed world,43 a notion that is often repeated.44 London’s dominance is far from ideal, for capital or country.


pages: 245 words: 75,397

Fed Up!: Success, Excess and Crisis Through the Eyes of a Hedge Fund Macro Trader by Colin Lancaster

"World Economic Forum" Davos, Adam Neumann (WeWork), Airbnb, Alan Greenspan, always be closing, asset-backed security, beat the dealer, Ben Bernanke: helicopter money, Bernie Sanders, Big Tech, Black Monday: stock market crash in 1987, bond market vigilante , Bonfire of the Vanities, Boris Johnson, Bretton Woods, business cycle, buy the rumour, sell the news, Carmen Reinhart, Chuck Templeton: OpenTable:, collateralized debt obligation, coronavirus, COVID-19, creative destruction, credit crunch, currency manipulation / currency intervention, deal flow, Donald Trump, Edward Thorp, family office, fear index, fiat currency, fixed income, Flash crash, George Floyd, global macro, global pandemic, global supply chain, Goldman Sachs: Vampire Squid, Gordon Gekko, greed is good, Growth in a Time of Debt, housing crisis, index arbitrage, inverted yield curve, Jeff Bezos, Jim Simons, junk bonds, Kenneth Rogoff, liquidity trap, lockdown, Long Term Capital Management, low interest rates, low skilled workers, margin call, market bubble, Masayoshi Son, Michael Milken, Mikhail Gorbachev, Minsky moment, Modern Monetary Theory, moral hazard, National Debt Clock, Nixon triggered the end of the Bretton Woods system, Northern Rock, oil shock, pets.com, Ponzi scheme, price stability, proprietary trading, quantitative easing, Reminiscences of a Stock Operator, reserve currency, Ronald Reagan, Ronald Reagan: Tear down this wall, Sharpe ratio, short selling, short squeeze, social distancing, SoftBank, statistical arbitrage, stock buybacks, The Great Moderation, TikTok, too big to fail, trickle-down economics, two and twenty, value at risk, Vision Fund, WeWork, yield curve, zero-sum game

There are reports of blood clotting disorders and bleeding in the brain. The Big D appointed VP Pence to lead a coronavirus task force. Right before putting Pence in charge, Trump downplayed the severity of the situation, claiming the number of US coronavirus cases “within a couple of days is going to be down to close to zero.” Today’s COVID-19 headlines: California is monitoring 8,400; twenty-eight cases in the state. Dozens of hospital staffers who treated a US patient with a coronavirus of unknown origin are being monitored. 700 in New York are asked to self-isolate. Northern Ireland confirms first case.

Part 2: The Crash Chapter 4 The Virus Spreads January 2020 1/1/20—Huanan Seafood Market closed by local authorities in response to illness outbreak. 1/3/20—ISM manufacturing declines to 47.2, its lowest print in a decade. 1/7/20—At a closed politburo meeting, Xi Jinping requests prevention and control work to address the new coronavirus. 1/8/20—South Korea announces its first case of coronavirus from China: a woman who had recently traveled to Wuhan. 1/10/20—Payrolls miss at 145K; unemployment steady at 3.5%; average hourly earnings at 2.9%, first time -3% since July 2018. 1/11/20— China reports its first COVID-19 death. 1/11/20—WHO announces: “The Chinese government reports that there is no clear evidence that the virus passes easily from person to person.” 1/15/20—Phase 1 of US/China trade deal signed. 1/16/20—Trump impeachment trial begins in the Senate. 1/16/20—Japan announces first COVID-19 case. 1/20/20—First reported case of COVID-19 in the USA. 1/23/20—Wuhan goes into lockdown. 1/30/20—FOMC leaves rates unchanged, downgrades household spending description to “moderate” from “strong.” 1/30/20—WHO declares “global health emergency.” 1/31/20—President Trump bans Chinese travelers from entering the USA.

In the deck of materials used for the earnings call, one slide shows white unicorns running up a mountain, implying performance. But there’s a ditch, or some sort of valley, that two of the unicorns have fallen into. This is labelled “The Valley of Coronavirus.” Only one unicorn looks as if it has made it out of the valley and back up the mountain. “If I were to describe it,” Masa Son tells his online audience, “unicorns that had been climbing uphill hard are suddenly faced with a coronavirus valley, and they are falling into that valley.” “Vision Fund’s results are not something to be proud of,” he says. “If the results are bad, you can’t raise money from investors.


pages: 428 words: 103,544

The Data Detective: Ten Easy Rules to Make Sense of Statistics by Tim Harford

Abraham Wald, access to a mobile phone, Ada Lovelace, affirmative action, algorithmic bias, Automated Insights, banking crisis, basic income, behavioural economics, Black Lives Matter, Black Swan, Bretton Woods, British Empire, business cycle, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, Charles Babbage, clean water, collapse of Lehman Brothers, contact tracing, coronavirus, correlation does not imply causation, COVID-19, cuban missile crisis, Daniel Kahneman / Amos Tversky, data science, David Attenborough, Diane Coyle, disinformation, Donald Trump, Estimating the Reproducibility of Psychological Science, experimental subject, fake news, financial innovation, Florence Nightingale: pie chart, Gini coefficient, Great Leap Forward, Hans Rosling, high-speed rail, income inequality, Isaac Newton, Jeremy Corbyn, job automation, Kickstarter, life extension, meta-analysis, microcredit, Milgram experiment, moral panic, Netflix Prize, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, opioid epidemic / opioid crisis, Paul Samuelson, Phillips curve, publication bias, publish or perish, random walk, randomized controlled trial, recommendation engine, replication crisis, Richard Feynman, Richard Thaler, rolodex, Ronald Reagan, selection bias, sentiment analysis, Silicon Valley, sorting algorithm, sparse data, statistical model, stem cell, Stephen Hawking, Steve Bannon, Steven Pinker, survivorship bias, systematic bias, TED Talk, universal basic income, W. E. B. Du Bois, When a measure becomes a target

John P. A. Ioannidis, “A Fiasco in the Making?,” Stat, March 17, 2020, https://www.statnews.com/2020/03/17/a-fiasco-in-the-making-as-the-coronavirus-pandemic-takes-hold-we-are-making-decisions-without-reliable-data/. 8. “Taiwan Says WHO Failed to Act on Coronavirus Transmission Warning,” Financial Times, March 20, 2020, https://www.ft.com/content/2a70a02a-644a-11ea-a6cd-df28cc3c6a68. 9. Demetri Sevastopulo and Hannah Kuchler, “Donald Trump’s Chaotic Coronavirus Crisis,” Financial Times, March 27, 2020, https://www.ft.com/content/80aa0b58-7010-11ea-9bca-bf503995cd6f. 10. David Card, “Origins of the Unemployment Rate: The Lasting Legacy of Measurement without Theory,” UC Berkeley and National Bureau of Economic Research Working Paper, February 2011, http://davidcard.berkeley.edu/papers/origins-of-unemployment.pdf. 11.

The statistics for a huge range of important issues that predate the coronavirus have been painstakingly assembled over the years by diligent statisticians, and often made available to download, free of charge, anywhere in the world. Yet we are spoiled by such luxury, casually dismissing “lies, damned lies, and statistics.” The case of COVID-19 reminds us how desperate the situation can become when the statistics simply aren’t there. * * * — Darrell Huff made statistics seem like a stage magician’s trick: all good fun but never to be taken seriously. Long before the coronavirus, I’d started to worry that this isn’t an attitude that helps us today.

Whether we were evaluating the prevalence of strokes, the evidence that debt damages economic growth, or even the number of times in The Hobbit that the word “she” is used, the numbers could illuminate the world as well as obscure it. As the coronavirus pandemic has so starkly illustrated, we depend on reliable numbers to shape our decisions—as individuals, as organizations, and as a society. And just as with coronavirus, the statistics have often been gathered only when we’ve been faced with a crisis. Consider the unemployment rate—a measure of how many people want jobs but do not have them. It’s now a basic piece of information for any government wanting to understand the state of the economy, but back in 1920, nobody could have told you how many people were searching for work.10 Only when severe recessions made the question more politically pertinent did governments begin to collect the data that could answer it.


pages: 475 words: 134,707

The Hype Machine: How Social Media Disrupts Our Elections, Our Economy, and Our Health--And How We Must Adapt by Sinan Aral

Airbnb, Albert Einstein, algorithmic bias, AlphaGo, Any sufficiently advanced technology is indistinguishable from magic, AOL-Time Warner, augmented reality, behavioural economics, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Cambridge Analytica, carbon footprint, Cass Sunstein, computer vision, contact tracing, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, cryptocurrency, data science, death of newspapers, deep learning, deepfake, digital divide, digital nomad, disinformation, disintermediation, Donald Trump, Drosophila, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, Erik Brynjolfsson, experimental subject, facts on the ground, fake news, Filter Bubble, George Floyd, global pandemic, hive mind, illegal immigration, income inequality, Kickstarter, knowledge worker, lockdown, longitudinal study, low skilled workers, Lyft, Mahatma Gandhi, Mark Zuckerberg, Menlo Park, meta-analysis, Metcalfe’s law, mobile money, move fast and break things, multi-sided market, Nate Silver, natural language processing, Neal Stephenson, Network effects, performance metric, phenotype, recommendation engine, Robert Bork, Robert Shiller, Russian election interference, Second Machine Age, seminal paper, sentiment analysis, shareholder value, Sheryl Sandberg, skunkworks, Snapchat, social contagion, social distancing, social graph, social intelligence, social software, social web, statistical model, stem cell, Stephen Hawking, Steve Bannon, Steve Jobs, Steve Jurvetson, surveillance capitalism, Susan Wojcicki, Telecommunications Act of 1996, The Chicago School, the strength of weak ties, The Wisdom of Crowds, theory of mind, TikTok, Tim Cook: Apple, Uber and Lyft, uber lyft, WikiLeaks, work culture , Yogi Berra

Fake News as Public Health Crisis In March 2020, a deliberate misinformation campaign spread fear among the American public by propagating the false story that a nationwide quarantine to contain the coronavirus pandemic was imminent. The National Security Council had to publicly disavow the story. And that wasn’t the only fake news spreading about the virus. The Chinese government spread false conspiracy theories blaming the U.S. military for starting the pandemic. Several false coronavirus “cures” killed hundreds of people who drank chlorine or excessive alcohol to rid themselves of the virus. There was, of course, no cure or vaccine at the time. International groups, like the World Health Organization (WHO), fought coronavirus misinformation on the Hype Machine as part of their global pandemic response.

International groups, like the World Health Organization (WHO), fought coronavirus misinformation on the Hype Machine as part of their global pandemic response. My group at MIT supported the COVIDConnect fact-checking apparatus, the official WhatsApp coronavirus channel of the WHO, and studied the spread and impact of coronavirus misinformation worldwide. But we first glimpsed the destructive power of health misinformation on the Hype Machine the year before the coronavirus pandemic hit, during the measles resurgence of 2019. Measles was declared eliminated in the United States in 2000. But while only 63 cases were reported in 2010, over 1,100 cases were reported in the first seven months of 2019, a nearly 1,800 percent increase.

As we’ve seen, this is the signature of a fake news crisis: it spreads faster than it can be corrected, so it’s hard to clean up, even with a healthy dose of the truth. The threat of election manipulation in 2020 is even higher due to the chaos caused by the coronavirus pandemic. With uncertainty around the viability of in-person voting, questions about voting by mail, and calls to delay the election, there can be no doubt that foreign actors will look to leverage the confusion caused by the coronavirus to disrupt our democratic process. While some claim fake news is benign, during protests and confusion, amid the smoke, fire, and foreign interference, months from the most consequential election of our time, it is a real threat—not only to the election, but to the sanctity and peace of the election process.


pages: 430 words: 111,038

Empireland: How Imperialism Has Shaped Modern Britain by Sathnam Sanghera

Black Lives Matter, Boris Johnson, British Empire, Cape to Cairo, cognitive dissonance, Corn Laws, coronavirus, COVID-19, Donald Trump, Downton Abbey, Etonian, European colonialism, food miles, ghettoisation, global pandemic, Jeremy Corbyn, Khartoum Gordon, lockdown, Mahatma Gandhi, mass immigration, Neil Armstrong, period drama, phenotype, Rishi Sunak, school choice, Scientific racism, Scramble for Africa, Shamima Begum, social distancing, South Sea Bubble, spice trade, Suez canal 1869, Suez crisis 1956, The Wealth of Nations by Adam Smith, trade route, transatlantic slave trade, women in the workforce

Davis, Naples and Napoleon: Southern Italy and the European Revolutions, 1780–1860, Oxford University Press, 2006, p. 326. 6 George Curzon, The Place of India in the Empire: Being an Address Delivered before the Philosophical Institute of Edinburgh, John Murray, 1909. 7 Boris Johnson speech, Conservative Party Conference, 2/10/2016, https://www.spectator.co.uk/article/full-text-boris-johnson-s-conference-speech. 8 Robert Tombs, The English and their History, Penguin, 2015, p. 535. 9 A comment placed on the FT website, under the article ‘Johnson under fire as coronavirus enters dangerous phase’, 12/03/2020, https://www.ft.com/content/c43b9c3e-6470-11ea-a6cd-df28cc3c6a68. 10 International opinion was neatly summarized in one article: ‘UK’s coronavirus death toll is met with global disbelief’, The Times, 7/05/2020, https://www.thetimes.co.uk/article/uks-coronavirus-death-toll-is-met-with-global-disbelief-t70clv9kq. Chapter 8: Dirty Money 1 Elisabeth Lenckos, ‘Daylesford’, UCL Blogs, 20/08/2014, https://blogs.ucl.ac.uk/eicah/daylesford-case-study/; Jan Sibthorpe, ‘East India Company at Home, 1757–1857: Sezincote Case Study’, UCL Blog, 2020, https://blogs.ucl.ac.uk/eicah/sezincote-gloucestershire/sezincote-case-study-sezincote-a-brief-description/. 2 Lenckos, ‘Daylesford’. 3 Sanchez Manning, ‘Britain’s colonial shame: Slave-owners given huge payouts after abolition’, Independent, 24/02/2013, https://www.independent.co.uk/news/uk/home-news/britains-colonial-shame-slave-owners-given-huge-payouts-after-abolition-8508358.html. 4 ‘UK economic history: slavery’, Financial Times, 13/06/2020, https://www.ft.com/content/99e4053d-ed8c-40d0-b5c5-745a1393e596; Jonathan Guthrie, ‘Lex in-depth: Examining the slave trade – “Britain has a debt to repay”’, Financial Times, 26/06/2020, https://www.ft.com/content/945c6136-0b92-41bf-bd80-a80d944bb0b8?

., Orientalism, Penguin, 2003 Saini, Angela, Superior: The Return of Race Science, Fourth Estate, 2019 Sandbrook, Dominic, ‘How one corporation conquered an entire continent’, review of William Dalrymple, The Anarchy: The Relentless Rise of the East India Company, The Times, 8/09/2019, https://www.thetimes.co.uk/article/the-relentless-rise-of-the-east-india-company-by-william-dalrymple-review-how-one-corporation-conquered-an-entire-continent-t3d7fx7tr Sanderson, David, ‘Beware colonial guilt, Neil MacGregor warns museums’, The Times, 12/09/2019, https://www.thetimes.co.uk/article/beware-colonial-guilt-neil-macgregor-warns-museums-3f7mmfrp6 Sandhu, Serina, ‘No Thanks, We’re British: Survey Reveals UK Tourists are Offended by Thongs and Topless Sunbathing’, Independent, 19/06/2015, https://www.independent.co.uk/travel/news-and-advice/no-thanks-were-british-survey-reveals-uk-tourists-are-offended-by-thongs-and-topless-sunbathing-10331457.html Sanghera, Sathnam, ‘Coronavirus and ethnicity: black and Asian NHS medics on the front line’, The Times, 24/04/2020, https://www.thetimes.co.uk/article/coronavirus-and-ethnicity-black-and-asian-nhs-medics-on-the-front-line-dhznrc3kc Sarr, Felwine, and Savoy, Bénédicte, The Restitution of African Cultural Heritage: Toward a New Relational Ethics, 2018, http://restitutionreport2018.com/sarr_savoy_en.pdf Saunders, Robert, ‘The myth of Brexit as imperial nostalgia’, Prospect, 7/01/2019, https://www.prospectmagazine.co.uk/world/the-myth-of-brexit-as-imperial-nostalgia Saunders, Robert, ‘Myths from a small island: the dangers of a buccaneering view of British history’, 9/10/2019, New Statesman, https://www.newstatesman.com/politics/uk/2019/10/myths-small-island-dangers-buccaneering-view-british-history Saunders, Robert, Yes to Europe!

The Impact of Imperialism on Britain from the Mid-Nineteenth Century, Pearson Education, 2005 Thrush, Coll, Indigenous London: Native Travelers at the Heart of Empire, Yale University Press, 2016 ‘Tiger Hunting in India 1924’, National Geographic, 2/08/2014, https://www.nationalgeographic.com/news/2014/8/140803-tiger-hunt-1924-india-maharaja-safari/ Tillotson, Michael, ‘Recollections of the Indian Mutiny’, The Times, 18/08/2007, https://www.thetimes.co.uk/article/recollections-of-the-indian-mutiny-22mbvzvdz89 Tindall, Gillian, The House by the Thames, Pimlico, 2007 Tolhurst, Alain, ‘Coronavirus: UK’s testing chief says track and trace was ditched in March due to forecast of one million cases’, Politics Home, 22/05/2020, https://www.politicshome.com/news/article/coronavirus-uks-testing-chief-says-track-and-trace-was-abandoned-in-march-due-to-forecast-of-a-million-cases Tombs, Robert, The English and their History, Penguin, 2015 Tosh, John, ‘“A Fresh Access of Dignity”: Masculinity and Imperial Commitment in Britain, 1815–1914’, University of North London, http://www.kznhass-history.net/files/seminars/Tosh.pdf Tosh, John, ‘Home and Away: The Flight from Domesticity in Late-Nineteenth-Century England Re-visited’, Gender and History 2015, 27:3, 561–75, https://onlinelibrary.wiley.com/doi/10.1111/1468-0424.12150 ‘Trans-Atlantic Slave Trade – Estimates’, Slave Voyages, https://www.slavevoyages.org/assessment/estimates Travis, Alan, ‘Virginity tests for immigrants “reflected dark age prejudices” of 1970s Britain’, Guardian, 8/05/2020, https://www.theguardian.com/uk/2011/may/08/virginity-tests-immigrants-prejudices-britain Trigger, Bruce G., ‘Alternative Archaeologies: Nationalist, Colonialist, Imperialist’, Man 1984, 19:3, 355–70, https://www.jstor.org/stable/2802176?


pages: 412 words: 115,048

Dangerous Ideas: A Brief History of Censorship in the West, From the Ancients to Fake News by Eric Berkowitz

Albert Einstein, algorithmic management, anti-communist, Ayatollah Khomeini, Big Tech, Black Lives Matter, Bonfire of the Vanities, borderless world, Brexit referendum, British Empire, Charlie Hebdo massacre, Chelsea Manning, colonial rule, coronavirus, COVID-19, deplatforming, disinformation, Donald Trump, Edward Snowden, Evgeny Morozov, fake news, Filter Bubble, high-speed rail, Index librorum prohibitorum, Jeff Bezos, Julian Assange, lockdown, Mark Zuckerberg, microaggression, Mikhail Gorbachev, Minecraft, New Urbanism, post-truth, pre–internet, QAnon, Ralph Nader, Saturday Night Live, Silicon Valley, source of truth, Steve Bannon, surveillance capitalism, undersea cable, W. E. B. Du Bois, WikiLeaks

“Singapore Fake News Law a ‘Disaster’ for Freedom of Speech, Says Rights Group,” Guardian, May 9, 2019, https://www.theguardian.com/world/2019/may/09/singapore-fake-news-law-a-disaster-for-freedom-of-speech-says-rights-group. 91. Paul Mozur, “Coronavirus Outrage Spurs China’s Internet Police to Action,” New York Times, March 16, 2020, https://www.nytimes.com/2020/03/16/business/china-coronavirus-internet-police.html?searchResultPosition=1. 92. Jane Li, “A Keyboard Encryption App Used to Skirt Coronavirus Censorship Was Removed by Apple in China,” Quartz, March 20, 2020, https://qz.com/1822127/encryption-app-to-avoid-coronavirus-censorship-removed-by-apple-in-china/; Alex Hern, “Apple Removes two podcasts from China store after censorship demands,” Guardian, June 12, 2020, https://www.theguardian.com/technology/2020/jun/12/apple-removes-two-podcast-apps-from-china-store-after-censorship-demands. 93.

Zeynep Tufecki, “Wikileaks Isn’t Whistleblowing,” New York Times, November 4, 2016, https://www.nytimes.corn/2016/11/05/opinion/what-were-missing-while-we-obsess-over-john-podestas-email.html. 102. Bobby Allyn, “Researchers: Nearly Half of Accounts Tweeting About Coronavirus Are Likely Bots,” NPR, May 20, 2020, https://www.npr.org/sections/coronavirus-live-updates/2020/05/20/859814085/researchers-nearly-half-of-accounts-tweeting-about-coronavirus-are-likely-bots; Thor Benson, “Trolls and Bots Are Flooding Social Media with Disinformation Encouraging States to End Quarantine,” Business Insider, April 20, 2020, https://www.businessinsider.com/trolls-bots-flooding-social-media-with-anti-quarantine-disinformation-2020-4. 103.

Steve Stecklow, “Why Facebook Is Losing the War on Hate Speech in Myanmar,” Reuters, August 15, 2018, https://www.reuters.com/investigates/special-report/myanmar-facebook-hate. 67. Tech Transparency Project, “Extremists Are Using Facebook to Organize for Civil War amid Coronavirus,” Campaign for Accountability, April 22, 2020, https://www.techtransparencyproject.org/articles/extremists-are-using-facebook-to-organize-for-civil-war-amid-coronavirus. 68. Chris Rodrigo, “Critics Fear Facebook Fact-Checkers Losing Misinformation Fight,” Hill, January 20, 2020, https://thehill.com/policy/technology/478896-critics-fear-facebook-fact-checkers-losing-misinformation-fight. 69.


pages: 371 words: 109,320

News and How to Use It: What to Believe in a Fake News World by Alan Rusbridger

airport security, basic income, Bellingcat, Big Tech, Black Lives Matter, Bletchley Park, Boris Johnson, Brexit referendum, call centre, Cambridge Analytica, Chelsea Manning, citizen journalism, Climategate, cognitive dissonance, coronavirus, correlation does not imply causation, COVID-19, Credit Default Swap, crisis actor, cross-subsidies, crowdsourcing, disinformation, Dominic Cummings, Donald Trump, Edward Snowden, end-to-end encryption, fake news, Filter Bubble, future of journalism, George Floyd, ghettoisation, global pandemic, Google Earth, green new deal, hive mind, housing crisis, Howard Rheingold, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), Jeff Bezos, Jeffrey Epstein, Jeremy Corbyn, Johann Wolfgang von Goethe, Julian Assange, Kickstarter, lockdown, Mark Zuckerberg, Murray Gell-Mann, Narrative Science, Neil Kinnock, Nelson Mandela, New Journalism, Nicholas Carr, ocean acidification, offshore financial centre, post-truth, profit motive, public intellectual, publication bias, Seymour Hersh, Snapchat, social distancing, Social Justice Warrior, Steve Bannon, tech baron, the scientific method, TikTok, universal basic income, WikiLeaks, yellow journalism

‘Duncan Campbell and David Hencke among those leaving Guardian’. The Guardian, 19 June 2009. <https://www.theguardian.com/media/2009/jun/19/duncan-campell-david-hencke-guardian> Burchard, Hans von der, and Cornelius Hirsch. ‘Europe’s citizens back their leaders’ coronavirus response, say polls’. Politico, 20 March 2020. <https://www.politico.eu/article/europes-citizens-back-their-leaders-coronavirus-response-say-polls/> Byers, Dylan. ‘The New Yorker passed on Seymour Hersh’s Bin Laden story’. Politico, 11 May 2015. <https://www.politico.com/blogs/media/2015/05/the-new-yorker-passed-on-seymour-hershs-bin-laden-206933.html> Cagé, Julia.

<https://www.monbiot.com/registry-of-interests/> Monck, Adrian with Mike Hanley. Can You Trust the Media? London: Icon Books, 2008. Montanaro, Domenico. ‘Poll: Americans Don’t Trust What They’re Hearing From Trump On Coronavirus’. NPR Special Series: The Coronvirus Crisis, 17 March 2020. <https://www.npr.org/2020/03/17/816680033/poll-americans-dont-trust-what-they-re-hearing-from-trump-on-coronavirus> Morello, Lauren. ‘“Climategate” Scientist Admits “Awful E-Mails,” but Peers Say IPCC Conclusions Remain Sound’. The New York Times, 2 March 2010. <https://archive.nytimes.com/www.nytimes.com/cwire/2010/03/02/02climatewire-climategate-scientist-admits-awful-e-mails-b-66224.html?

<https://reutersinstitute.politics.ox.ac.uk/our-research/journalists-uk> Tiku, Nitasha. ‘Julian Assange Picks a Media Fight With the Guardian’. New York Magazine, 21 December 2010. <https://nymag.com/intelligencer/2010/12/julian_assange_picks_a_media.html> The Times. ‘The Times view on the press under coronavirus’. 4 April 2020. <https://www.thetimes.co.uk/article/the-times-view-on-the-press-under-coronavirus-7cvfk36vl> Timm, Trevor. ‘The media’s reaction to Seymour Hersh’s bin Laden scoop has been disgraceful’. Columbia Journalism Review, 15 May 2015. <https://www.cjr.org/analysis/seymour_hersh_osama_bin_laden.php> Tobitt, Charlotte. ‘“Cancer battle freed me up to work on Oxfam scoop and stumble into NHS drugs story”, says Times reporter Sean O’Neill’.


pages: 529 words: 150,263

The Pandemic Century: One Hundred Years of Panic, Hysteria, and Hubris by Mark Honigsbaum

"World Economic Forum" Davos, Asian financial crisis, biofilm, Black Swan, Boeing 747, clean water, coronavirus, disinformation, Donald Trump, Easter island, en.wikipedia.org, germ theory of disease, global pandemic, indoor plumbing, Louis Pasteur, Mark Zuckerberg, megacity, moral panic, Pearl River Delta, Ronald Reagan, Skype, the built environment, the long tail, trade route, urban renewal, urban sprawl, zoonotic diseases

However, the patients with SARS that Peiris had investigated showed no evidence of metapneumovirus, only the coronavirus. Nor were the coronavirus or antibodies to the coronavirus found in other patients who did not have SARS. Peiris was therefore sure that the new coronavirus was the cause of SARS and that it had been newly introduced to humans, and he submitted a paper to this effect to the British medical journal The Lancet. Researchers at Erasmus University in Rotterdam eventually resolved the dispute by performing an experiment on macaques, one group of which was infected with the coronavirus, a second with the human metapneumovirus, and a third with both viruses.

To be sure there had not been an error, Peiris also spun the fluid containing the virus in a high-speed centrifuge and asked Lim to look at the concentrated virus particles under an electron microscope. Each virus particle was ringed by a halo of tiny spikes as if it were wearing a crown—that too, strongly suggested a coronavirus. Peiris was now confident that SARS was a coronavirus. He speculated that the reason the homology was not perfect was that it was very likely a new type of coronavirus that had emerged recently from an animal reservoir and therefore had yet to be typed by GenBank. Using the partial genetic sequence of the virus, Peiris and his colleagues set up a PCR test to detect the virus, and on March 28 made the test available to hospitals in Hong Kong and to the WHO.

Events now moved rapidly. Within three days of the WHO’s receiving this information, two other laboratories also reported finding the coronavirus, and by March 25 the CDC had uploaded images of the virus to a secure WHO website, prompting Peiris’s group to do the same. Nonetheless, some researchers continued to insist that SARS was caused by a paramyxovirus or perhaps the human metapneumovirus. This prompted speculation that the viruses worked synergistically, with the coronavirus weakening the immune system to the point where the other viruses colonized the respiratory tract, triggering SARS’s distinctive pathology.


pages: 289 words: 95,046

Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis by Scott Patterson

"World Economic Forum" Davos, 2021 United States Capitol attack, 4chan, Alan Greenspan, Albert Einstein, asset allocation, backtesting, Bear Stearns, beat the dealer, behavioural economics, Benoit Mandelbrot, Bernie Madoff, Bernie Sanders, bitcoin, Bitcoin "FTX", Black Lives Matter, Black Monday: stock market crash in 1987, Black Swan, Black Swan Protection Protocol, Black-Scholes formula, blockchain, Bob Litterman, Boris Johnson, Brownian motion, butterfly effect, carbon footprint, carbon tax, Carl Icahn, centre right, clean tech, clean water, collapse of Lehman Brothers, Colonization of Mars, commodity super cycle, complexity theory, contact tracing, coronavirus, correlation does not imply causation, COVID-19, Credit Default Swap, cryptocurrency, Daniel Kahneman / Amos Tversky, decarbonisation, disinformation, diversification, Donald Trump, Doomsday Clock, Edward Lloyd's coffeehouse, effective altruism, Elliott wave, Elon Musk, energy transition, Eugene Fama: efficient market hypothesis, Extinction Rebellion, fear index, financial engineering, fixed income, Flash crash, Gail Bradbrook, George Floyd, global pandemic, global supply chain, Gordon Gekko, Greenspan put, Greta Thunberg, hindsight bias, index fund, interest rate derivative, Intergovernmental Panel on Climate Change (IPCC), Jeff Bezos, Jeffrey Epstein, Joan Didion, John von Neumann, junk bonds, Just-in-time delivery, lockdown, Long Term Capital Management, Louis Bachelier, mandelbrot fractal, Mark Spitznagel, Mark Zuckerberg, market fundamentalism, mass immigration, megacity, Mikhail Gorbachev, Mohammed Bouazizi, money market fund, moral hazard, Murray Gell-Mann, Nick Bostrom, off-the-grid, panic early, Pershing Square Capital Management, Peter Singer: altruism, Ponzi scheme, power law, precautionary principle, prediction markets, proprietary trading, public intellectual, QAnon, quantitative easing, quantitative hedge fund, quantitative trading / quantitative finance, Ralph Nader, Ralph Nelson Elliott, random walk, Renaissance Technologies, rewilding, Richard Thaler, risk/return, road to serfdom, Ronald Reagan, Ronald Reagan: Tear down this wall, Rory Sutherland, Rupert Read, Sam Bankman-Fried, Silicon Valley, six sigma, smart contracts, social distancing, sovereign wealth fund, statistical arbitrage, statistical model, stem cell, Stephen Hawking, Steve Jobs, Steven Pinker, Stewart Brand, systematic trading, tail risk, technoutopianism, The Chicago School, The Great Moderation, the scientific method, too big to fail, transaction costs, University of East Anglia, value at risk, Vanguard fund, We are as Gods, Whole Earth Catalog

“The 2008 financial crisis was a car crash” Justin Baer, “The Day Coronavirus Nearly Broke the Financial Markets,” Wall Street Journal, May 20, 2020, https://www.wsj.com/articles/the-day-coronavirus-nearly-broke-the-financial-markets-11589982288?mod=e2tw. In 2010, he predicted in the Economist “Nassim Taleb Looks at What Will Break and What Won’t,” Economist, November 22, 2010, https://www.economist.com/news/2010/11/22/nassim-taleb-looks-at-what-will-break-and-what-wont. “The Precautionary Principle” https://arxiv.org/pdf/1410.5787.pdf. CHAPTER 2: RUIN PROBLEMS “Systemic Risk of Pandemic via Novel Pathogens—Coronavirus: A Note” https://necsi.edu/systemic-risk-of-pandemic-via-novel-pathogens-coronavirus-a-note.

It was simple math. On January 30, the World Health Organization declared that the outbreak of the deadly novel coronavirus constituted a global health emergency. Despite the mounting alarm, WHO urged countries to avoid travel restrictions. “This is the time for science, not rumors,” WHO director general Tedros Adhanom Ghebreyesus said. Ackman was incredulous as people continued to travel blithely across borders. The final straw was Milan Fashion Week, which took place in February despite a severe outbreak of coronavirus in northern Italy. All those fucking fashionistas were going to jet back to their densely populated cities all around the world and spread the virus everywhere.

When they first burst upon the world, no one knows what they do to the human body, how to cure them, how contagious they are, if people can spread the deadly bug without knowing they’re infected, or how leaders will respond to the outbreak. Taleb feared this new coronavirus might have several such unknown properties. Taleb, Bar-Yam, and another researcher at NECSI, Joe Norman, quickly drafted a memo outlining the existential risks of the virus and the steps needed to address them. Then Taleb sent it to the White House. Days later, January 26, a time when most Americans were barely aware of the coming plague, they made it public. “Systemic Risk of Pandemic via Novel Pathogens—Coronavirus: A Note” was a single-page, screeching alarm bell that urged swift, sweeping action to halt the disease in its tracks.


pages: 244 words: 78,238

Cabin Fever: The Harrowing Journey of a Cruise Ship at the Dawn of a Pandemic by Michael Smith, Jonathan Franklin

airport security, Boeing 747, call centre, coronavirus, COVID-19, data science, Donald Trump, global pandemic, lockdown, offshore financial centre, Panamax, Port of Oakland, Snapchat, social distancing, Suez canal 1869

Since May 2018, Olivia had worked as a homeland security and counterterrorism adviser to Vice President Mike Pence, briefing him about bombings, natural disasters, and school shootings. Beginning in January 2020, COVID-19 outbreaks on cruise ships began to show up on her radar. And since early February, when President Trump placed Pence in charge of the White House Coronavirus Task Force, cruise ship outbreaks and how to deal with them became a growing part of Olivia’s day-to-day work. So many ships kept reporting cases that the White House needed a spreadsheet to keep track of them all. Olivia, a forty-three-year-old brunette with intense brown eyes and a passion for government service, felt overwhelmed with the logistics of bringing each and every one of these massive ships to port.

But for the mayor, this port of call felt different. At 5:45 a.m., as a pair of tugboats finished easing the Zaandam against the Mardones Pier, a frigid gray pall hung over the city. A brisk late-summer wind whipped across the Strait of Magellan, rain seemed certain, and Mayor Radonich imagined an army of tourists infected with the dreaded coronavirus assaulting his city. Punta Arenas is a remote outpost, even in the southern hemisphere, and it was about as far as possible from the plague erupting in China. The city is closer to Antarctica than Santiago, and the desolate expanses of Tierra del Fuego are visible from the promenade along the strait.

He also needed to empty the nearly full garbage and wastewater holds. Smit hinted that time was running out for the Zaandam. Would the authorities allow them to do these essentials? Could they at least get water? There was no answer, and then the agent, Victor Oelckers, broke the news. Chile had declared a maximum health alert due to the coronavirus outbreak. All borders—sea, land, and air—would shut in forty-eight hours. In Punta Arenas, the port was closed immediately because of the dock protests. The government gave them one option: The Zaandam might be permitted to unload passengers, but only after it lay at anchor for a minimum of two weeks, under an enforced quarantine.


pages: 460 words: 107,454

Stakeholder Capitalism: A Global Economy That Works for Progress, People and Planet by Klaus Schwab, Peter Vanham

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 3D printing, additive manufacturing, agricultural Revolution, air traffic controllers' union, Anthropocene, Apple II, Asian financial crisis, Asperger Syndrome, basic income, Berlin Wall, Big Tech, biodiversity loss, bitcoin, Black Lives Matter, blockchain, blue-collar work, Branko Milanovic, Bretton Woods, British Empire, business process, capital controls, Capital in the Twenty-First Century by Thomas Piketty, car-free, carbon footprint, carbon tax, centre right, clean tech, clean water, cloud computing, collateralized debt obligation, collective bargaining, colonial rule, company town, contact tracing, contact tracing app, Cornelius Vanderbilt, coronavirus, corporate governance, corporate social responsibility, COVID-19, creative destruction, Credit Default Swap, credit default swaps / collateralized debt obligations, cryptocurrency, cuban missile crisis, currency peg, cyber-physical system, decarbonisation, demographic dividend, Deng Xiaoping, Diane Coyle, digital divide, don't be evil, European colonialism, Fall of the Berlin Wall, family office, financial innovation, Francis Fukuyama: the end of history, future of work, gender pay gap, general purpose technology, George Floyd, gig economy, Gini coefficient, global supply chain, global value chain, global village, Google bus, green new deal, Greta Thunberg, high net worth, hiring and firing, housing crisis, income inequality, income per capita, independent contractor, industrial robot, intangible asset, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invisible hand, James Watt: steam engine, Jeff Bezos, job automation, joint-stock company, Joseph Schumpeter, Kenneth Rogoff, Khan Academy, Kickstarter, labor-force participation, lockdown, low interest rates, low skilled workers, Lyft, manufacturing employment, Marc Benioff, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, Martin Wolf, means of production, megacity, microplastics / micro fibres, Mikhail Gorbachev, mini-job, mittelstand, move fast and break things, neoliberal agenda, Network effects, new economy, open economy, Peace of Westphalia, Peter Thiel, precariat, Productivity paradox, profit maximization, purchasing power parity, race to the bottom, reserve currency, reshoring, ride hailing / ride sharing, Ronald Reagan, Salesforce, San Francisco homelessness, School Strike for Climate, self-driving car, seminal paper, shareholder value, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Simon Kuznets, social distancing, Social Responsibility of Business Is to Increase Its Profits, special economic zone, Steve Jobs, Steve Wozniak, synthetic biology, TaskRabbit, The Chicago School, The Future of Employment, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, the scientific method, TikTok, Tim Cook: Apple, trade route, transfer pricing, Uber and Lyft, uber lyft, union organizing, universal basic income, War on Poverty, We are the 99%, women in the workforce, working poor, working-age population, Yom Kippur War, young professional, zero-sum game

Notes 1 “Why New Zealand Decided to Go for Full Elimination of the Coronavirus,” Alice Klein, New Scientist, June 2020, https://www.newscientist.com/article/2246858-why-new-zealand-decided-to-go-for-full-elimination-of-the-coronavirus/#ixzz6T1rYuK5U. 2 “New Zealand Isn't Just Flattening the Curve. It's Squashing It,” Anna Fifield, The Washington Post, April 2020, https://www.washingtonpost.com/world/asia_pacific/new-zealand-isnt-just-flattening-the-curve-its-squashing-it/2020/04/07/6cab3a4a-7822-11ea-a311-adb1344719a9_story.html. 3 “Why New Zealand Decided to Go for Full Elimination of the Coronavirus,” Alice Klein, New Scientist, June 2020, https://www.newscientist.com/article/2246858-why-new-zealand-decided-to-go-for-full-elimination-of-the-coronavirus/#ixzz6T1rYuK5U. 4 PM Jacinda Ardern's full lockdown speech, Newsroom, March 2020, https://www.newsroom.co.nz/2020/03/23/1096999/pm-jacinda-arderns-full-lockdown-speech. 5 “The World's Youngest Female Leader Takes Over in New Zealand,” The Economist, October 2017, https://www.economist.com/asia/2017/10/26/the-worlds-youngest-female-leader-takes-over-in-new-zealand. 6 “New Zealand Isn't Just Flattening the Curve.

The director had called to update me on the epidemic that had hit China hard earlier that winter: COVID-19. Initially confined to the city of Wuhan, this novel coronavirus, which often causes a severe respiratory disease, was rapidly becoming a primary public health concern across the country. Our colleague explained that much of Beijing’s population had travelled beyond the city to attend Lunar New Year celebrations and, as they returned, they carried the novel coronavirus with them, causing an outbreak and subsequent lockdown in the capital. My colleague kept his cool, providing objective facts on what the lockdown meant for our employees and operations.

la=en. 14 This concerns GDP growth based on market exchange rates (see corresponding row on table cited in footnotes 11 and 12). 15 “World Bank Country and Lending Groups,” World Bank, https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups. 16 “The Great Emerging-Market Growth Story is Unravelling,” The Financial Times, June 2019, https://www.ft.com/content/ad11f624-8b8c-11e9-a1c1-51bf8f989972. 17 See the IMF estimate of 2019 above. For the IIF estimate of Q1 2020, see https://www.iif.com/Portals/0/Files/content/Research/Global%20Debt%20Monitor_July2020.pdf. 18 “Coronavirus Lifts Government Debt to WWII Levels—Cutting It Won't Be Easy,” The Wall Street Journal, August 2020, https://www.wsj.com/articles/coronavirus-lifts-government-debt-to-wwii-levelscutting-it-wont-be-easy-11598191201. 19 “Resolving Global Debt: An Urgent Collective Action Cause,” Geoffrey Okamoto, IMF First Deputy Managing Director, October 2020, https://www.imf.org/en/News/Articles/2020/10/01/sp100120-resolving-global-debt-an-urgent-collective-action-cause. 20 “Gross Debt Position, % of GDP,” Fiscal Monitor, International Monetary Fund, April 2020, https://www.imf.org/external/datamapper/G_XWDG_G01_GDP_PT@FM/ADVEC/FM_EMG/FM_LIDC. 21 “Inflation Rate, Average Consumer Prices, Annual Percent Change, Advanced Economies,” World Economic Outlook, International Monetary Fund, April 2020, https://www.imf.org/external/datamapper/PCPIPCH@WEO/ADVEC/OEMDC. 22 International Monetary Fund, DataMapper, https://www.imf.org/external/datamapper/GGXWDG_NGDP@WEO/OEMDC/ADVEC/WEOWORLD. 23 “Youth Dividend or Ticking Time Bomb?”


pages: 460 words: 107,454

Stakeholder Capitalism: A Global Economy That Works for Progress, People and Planet by Klaus Schwab

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 3D printing, additive manufacturing, agricultural Revolution, air traffic controllers' union, Anthropocene, Apple II, Asian financial crisis, Asperger Syndrome, basic income, Berlin Wall, Big Tech, biodiversity loss, bitcoin, Black Lives Matter, blockchain, blue-collar work, Branko Milanovic, Bretton Woods, British Empire, business process, capital controls, Capital in the Twenty-First Century by Thomas Piketty, car-free, carbon footprint, carbon tax, centre right, clean tech, clean water, cloud computing, collateralized debt obligation, collective bargaining, colonial rule, company town, contact tracing, contact tracing app, Cornelius Vanderbilt, coronavirus, corporate governance, corporate social responsibility, COVID-19, creative destruction, Credit Default Swap, credit default swaps / collateralized debt obligations, cryptocurrency, cuban missile crisis, currency peg, cyber-physical system, decarbonisation, demographic dividend, Deng Xiaoping, Diane Coyle, digital divide, don't be evil, European colonialism, Fall of the Berlin Wall, family office, financial innovation, Francis Fukuyama: the end of history, future of work, gender pay gap, general purpose technology, George Floyd, gig economy, Gini coefficient, global supply chain, global value chain, global village, Google bus, green new deal, Greta Thunberg, high net worth, hiring and firing, housing crisis, income inequality, income per capita, independent contractor, industrial robot, intangible asset, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invisible hand, James Watt: steam engine, Jeff Bezos, job automation, joint-stock company, Joseph Schumpeter, Kenneth Rogoff, Khan Academy, Kickstarter, labor-force participation, lockdown, low interest rates, low skilled workers, Lyft, manufacturing employment, Marc Benioff, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, Martin Wolf, means of production, megacity, microplastics / micro fibres, Mikhail Gorbachev, mini-job, mittelstand, move fast and break things, neoliberal agenda, Network effects, new economy, open economy, Peace of Westphalia, Peter Thiel, precariat, Productivity paradox, profit maximization, purchasing power parity, race to the bottom, reserve currency, reshoring, ride hailing / ride sharing, Ronald Reagan, Salesforce, San Francisco homelessness, School Strike for Climate, self-driving car, seminal paper, shareholder value, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Simon Kuznets, social distancing, Social Responsibility of Business Is to Increase Its Profits, special economic zone, Steve Jobs, Steve Wozniak, synthetic biology, TaskRabbit, The Chicago School, The Future of Employment, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, the scientific method, TikTok, Tim Cook: Apple, trade route, transfer pricing, Uber and Lyft, uber lyft, union organizing, universal basic income, War on Poverty, We are the 99%, women in the workforce, working poor, working-age population, Yom Kippur War, young professional, zero-sum game

Notes 1 “Why New Zealand Decided to Go for Full Elimination of the Coronavirus,” Alice Klein, New Scientist, June 2020, https://www.newscientist.com/article/2246858-why-new-zealand-decided-to-go-for-full-elimination-of-the-coronavirus/#ixzz6T1rYuK5U. 2 “New Zealand Isn't Just Flattening the Curve. It's Squashing It,” Anna Fifield, The Washington Post, April 2020, https://www.washingtonpost.com/world/asia_pacific/new-zealand-isnt-just-flattening-the-curve-its-squashing-it/2020/04/07/6cab3a4a-7822-11ea-a311-adb1344719a9_story.html. 3 “Why New Zealand Decided to Go for Full Elimination of the Coronavirus,” Alice Klein, New Scientist, June 2020, https://www.newscientist.com/article/2246858-why-new-zealand-decided-to-go-for-full-elimination-of-the-coronavirus/#ixzz6T1rYuK5U. 4 PM Jacinda Ardern's full lockdown speech, Newsroom, March 2020, https://www.newsroom.co.nz/2020/03/23/1096999/pm-jacinda-arderns-full-lockdown-speech. 5 “The World's Youngest Female Leader Takes Over in New Zealand,” The Economist, October 2017, https://www.economist.com/asia/2017/10/26/the-worlds-youngest-female-leader-takes-over-in-new-zealand. 6 “New Zealand Isn't Just Flattening the Curve.

The director had called to update me on the epidemic that had hit China hard earlier that winter: COVID-19. Initially confined to the city of Wuhan, this novel coronavirus, which often causes a severe respiratory disease, was rapidly becoming a primary public health concern across the country. Our colleague explained that much of Beijing’s population had travelled beyond the city to attend Lunar New Year celebrations and, as they returned, they carried the novel coronavirus with them, causing an outbreak and subsequent lockdown in the capital. My colleague kept his cool, providing objective facts on what the lockdown meant for our employees and operations.

la=en. 14 This concerns GDP growth based on market exchange rates (see corresponding row on table cited in footnotes 11 and 12). 15 “World Bank Country and Lending Groups,” World Bank, https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups. 16 “The Great Emerging-Market Growth Story is Unravelling,” The Financial Times, June 2019, https://www.ft.com/content/ad11f624-8b8c-11e9-a1c1-51bf8f989972. 17 See the IMF estimate of 2019 above. For the IIF estimate of Q1 2020, see https://www.iif.com/Portals/0/Files/content/Research/Global%20Debt%20Monitor_July2020.pdf. 18 “Coronavirus Lifts Government Debt to WWII Levels—Cutting It Won't Be Easy,” The Wall Street Journal, August 2020, https://www.wsj.com/articles/coronavirus-lifts-government-debt-to-wwii-levelscutting-it-wont-be-easy-11598191201. 19 “Resolving Global Debt: An Urgent Collective Action Cause,” Geoffrey Okamoto, IMF First Deputy Managing Director, October 2020, https://www.imf.org/en/News/Articles/2020/10/01/sp100120-resolving-global-debt-an-urgent-collective-action-cause. 20 “Gross Debt Position, % of GDP,” Fiscal Monitor, International Monetary Fund, April 2020, https://www.imf.org/external/datamapper/G_XWDG_G01_GDP_PT@FM/ADVEC/FM_EMG/FM_LIDC. 21 “Inflation Rate, Average Consumer Prices, Annual Percent Change, Advanced Economies,” World Economic Outlook, International Monetary Fund, April 2020, https://www.imf.org/external/datamapper/PCPIPCH@WEO/ADVEC/OEMDC. 22 International Monetary Fund, DataMapper, https://www.imf.org/external/datamapper/GGXWDG_NGDP@WEO/OEMDC/ADVEC/WEOWORLD. 23 “Youth Dividend or Ticking Time Bomb?”


pages: 669 words: 195,743

Spillover: Animal Infections and the Next Human Pandemic by David Quammen

Alfred Russel Wallace, British Empire, Buckminster Fuller, conceptual framework, coronavirus, dark matter, digital map, double helix, experimental subject, facts on the ground, Fellow of the Royal Society, germ theory of disease, global pandemic, Google Earth, invention of agriculture, Isaac Newton, John Snow's cholera map, Louis Pasteur, out of africa, Pearl River Delta, South China Sea, the long tail, urban sprawl, zoonotic diseases

Just after the epidemic ended, his HKU team started trapping animals out there to look for evidence of coronavirus. They focused first on civets, capturing and sampling almost two dozen. From each animal they took a respiratory swab and a fecal swab—zip zap, thank you very much—and then released the civet back to the Hong Kong wilds. Each sample was screened by PCR methodology using what the technical lingo calls “consensus primers,” meaning generalized molecular jump-starters that would amplify RNA fragments shared commonly among coronaviruses, not just those unique to the SARS-like coronavirus that Guan Yi had found in his civets. So how much coronavirus did Poon find? I asked.

So the culturing work had established that an unknown coronavirus was present in SARS patients—some of them, anyway—but that didn’t necessarily mean it had caused the disease. To establish causality, Peiris’s team tested blood serum from SARS patients (because it would contain antibodies) against the newfound virus in culture. This was like splashing holy water at a witch. The antibodies recognized the virus and reacted strongly. Less than a month later, based on that evidence plus other confirming tests, Malik Peiris and his colleagues published a paper cautiously announcing this new coronavirus as “a possible cause” of SARS.

Less than a month later, based on that evidence plus other confirming tests, Malik Peiris and his colleagues published a paper cautiously announcing this new coronavirus as “a possible cause” of SARS. They were right, and the virus became known as SARS coronavirus, inelegantly abbreviated as SARS-CoV. It was the first coronavirus ever found to inflict serious illness upon humans. (Several other coronaviruses are among the many viral strains responsible for common colds. Still others cause hepatitis in mice, gastroenteritis in pigs, and respiratory infection in turkeys.) SARS-CoV has no ominous ring. In older days, the new agent would have received a more vivid, geographical moniker such as Foshan virus or Guangzhou virus, and people would have run around saying: Watch out, he’s got Guangzhou!


pages: 490 words: 153,455

Work Won't Love You Back: How Devotion to Our Jobs Keeps Us Exploited, Exhausted, and Alone by Sarah Jaffe

Ada Lovelace, air traffic controllers' union, Amazon Mechanical Turk, antiwork, barriers to entry, basic income, Bernie Sanders, Big Tech, big-box store, Black Lives Matter, blue-collar work, Boris Johnson, call centre, capitalist realism, Charles Babbage, collective bargaining, coronavirus, COVID-19, deindustrialization, delayed gratification, dematerialisation, desegregation, deskilling, do what you love, Donald Trump, Elon Musk, emotional labour, feminist movement, Ferguson, Missouri, financial independence, Frederick Winslow Taylor, fulfillment center, future of work, gamification, gender pay gap, gentrification, George Floyd, gig economy, global pandemic, Grace Hopper, green new deal, hiring and firing, illegal immigration, immigration reform, informal economy, job automation, job satisfaction, job-hopping, knowledge economy, knowledge worker, late capitalism, lockdown, lone genius, Lyft, Mark Zuckerberg, market fundamentalism, mass incarceration, means of production, mini-job, minimum wage unemployment, move fast and break things, Naomi Klein, new economy, oil shock, Peter Thiel, post-Fordism, post-work, precariat, profit motive, Rana Plaza, Richard Florida, Ronald Reagan, Rosa Parks, school choice, Silicon Valley, social distancing, Steve Jobs, TaskRabbit, tech billionaire, tech worker, traumatic brain injury, uber lyft, union organizing, universal basic income, unpaid internship, W. E. B. Du Bois, wages for housework, War on Poverty, WeWork, women in the workforce, work culture , workplace surveillance , Works Progress Administration

The popularity of the concept of “burnout”—for what is burnout but the feeling experienced when one’s labor of love is anything but—reminds us of this. Repeated cycles of layoffs, steady low wages, and cutbacks to the private sector have made jobs harder and harder to love. The conditions under which “essential” workers had to report to the job during the coronavirus pandemic revealed the coercion at the heart of the labor relation. We are being punished for all the choices we have made even as we have continued to do what we are told—racking up student debt, working longer hours, answering work emails on our phones from parties, funerals, and bed, and doing more, always, with less. 24 Neoliberalism relies on the labor of love ideology to cover up the coercion that was in fact required to push people into the workplace at the origin of capitalism.

In Part One, we will follow the labor of love as it moves from women’s unpaid work in the home through paid domestic work, teaching, retail work, and the nonprofit sector. Other forms of work that could just as easily have gone into this section include nursing, grocery store work, restaurant work, and call center jobs. It is worth noting that much of this work is the “essential” or “key” work of the coronavirus pandemic: these workers are the people expected to risk their lives to keep going to work in order for the rest of us to survive. In these jobs workers are expected to provide service with a smile or genuine, heartfelt care; they are expected to put themselves second to the feelings and needs of their customers or charges.

US-based research showed that mothers working outside the home these days spend just as much time caring for children as mothers did in the 1970s, when their only job was in the home. Others have estimated that “the size of the paid labor force would double if all unpaid caregivers were paid for their work.” During the coronavirus lockdown, one survey found that nearly half of men with young children reported splitting domestic duties equally—but their wives disagreed. Only 2 percent of women agreed that men were responsible for most of the housework during lockdown. Globally, United Nations researchers estimated in 1999 that all unpaid reproductive labor, if paid, would cost $16 trillion, a third of the world’s total economic activity—$11 trillion of which would be women’s share. 63 For the working class, it’s the impossibility of paying for help that forces the squeeze.


The Atlas of Disease by Sandra Hempel

clean water, coronavirus, Easter island, Edward Jenner, global pandemic, John Snow's cholera map, Louis Pasteur, out of africa, trade route, wikimedia commons

By the end of April tourism in Thailand was down by 70 per cent and Singapore by 60 per cent. The British Foreign Office meanwhile was advising against travel to Hong Kong, parts of China and Toronto. A new — and fatal — coronavirus In April 2003, researchers in Hong Kong published a paper identifying a new type of what is known as a coronavirus as a likely cause of SARS. The term ‘coronavirus’ comes from the Latin for ‘crown’ or ‘halo’ and refers to the crown-like spikes on the pathogen’s surface. This particular coronavirus, SARS-CoV, does not appear to have been seen before in humans or in animals. Coronaviruses are common and most, like the common cold, are not dangerous.

In 2012, however, the United States declared the SARS virus a ‘select agent’, meaning that it had the potential to pose a severe threat to public health and safety. That same year another new coronavirus emerged in Saudi Arabia. A patient died in a hospital in Jeddah from acute pneumonia and organ failure. Doctors were unable to identify the pathogen involved and sent sputum samples to a laboratory in Holland, where the Middle East respiratory syndrome coronavirus (MERS-CoV) was identified as the cause of what is known as Middle East respiratory syndrome, or MERS. The illness is similar to SARS and carries a mortality rate of around 40 per cent.

In February 2018, doctors in England were once more alerted to an ‘exceptional increase’ in scarlet fever. The reasons for these upsurges are not understood, although a decrease in immunity in the general population, a stronger strain of bacteria and a combination of both have been suggested as possible causes. SARS Causal agent Severe acute respiratory syndrome coronavirus or SARS-CoV Transmission Not completely understood but thought to be through close contact with an infected person, mainly through the respiratory route, and also through contact with infected surfaces Symptoms Influenza-like, including fever, malaise, myalgia, headache, diarrhoea and shivering Incidence No reports of SARS since 2004, as of mid-2018 Prevalence Currently no cases reported but potential to break out and spread worldwide Prevention Fast reporting of new outbreaks, isolation of infected individuals and contacts Treatment No specific treatment but general antiviral drugs and treatment to support breathing, prevent or treat pneumonia and reduce swelling in the lungs Global strategy Worldwide surveillance to detect new outbreaks, fast reporting of cases and containment Microscopic image of the coronavirus that causes SARS.


pages: 347 words: 103,518

The Stolen Year by Anya Kamenetz

"Hurricane Katrina" Superdome, 2021 United States Capitol attack, Anthropocene, basic income, Black Lives Matter, contact tracing, coronavirus, COVID-19, crowdsourcing, Day of the Dead, desegregation, disinformation, Donald Trump, East Village, emotional labour, ending welfare as we know it, epigenetics, food desert, George Floyd, glass ceiling, global pandemic, helicopter parent, informal economy, inventory management, invisible hand, Kintsugi, labor-force participation, lockdown, Mark Zuckerberg, Maui Hawaii, medical residency, Minecraft, moral panic, opioid epidemic / opioid crisis, Ponzi scheme, QAnon, Ralph Waldo Emerson, RAND corporation, randomized controlled trial, rent stabilization, risk tolerance, school choice, Sheryl Sandberg, Silicon Valley, social distancing, Thorstein Veblen, TikTok, traveling salesman, trickle-down economics, universal basic income, upwardly mobile, wages for housework, War on Poverty, white flight, women in the workforce, working poor, Works Progress Administration

“We know this isn’t easy to hear,” Dara and her coauthor wrote. “This is yet another loss in the coronavirus era. As parents and doctors we understand this deeply.” About two out of three camps, particularly overnight camps, stayed closed for the summer of 2020. And those that opened had outbreaks, including one at a maskless camp in Georgia where more than four in ten staff and campers got the virus. Dara made the call in the name of equity and priorities. Testing capacity still wasn’t where it needed to be, and rather than use coronavirus tests for camps, she thought authorities should focus on schools. “We had to invest in schools if we ever wanted them open,” she told me.

“Sammy talks about his mortality—not all the time, but he does understand that his life is, in some way, precious,” his mother says. Dara had started to see her emergency room fill up with patients with cough, fever, and shortness of breath. She’d also seen the preliminary data from China, showing how easily the novel coronavirus spread within households. Dark-haired, short, and straight to the point, Dara chose other people’s worst-case scenarios to be her everyday routine. She doesn’t find it “helpful” to dwell on feelings. She’s a problem solver. She has the knowledge and research skills to fuel endless cycles of anxiety and planning, so she tries to avoid spiraling.

Closing school buildings en masse increases inequality and destroys individual hopes and dreams. And the impact can be measured for a generation. That is the disaster on top of the disaster. BACK TO THE BEGINNING March 13. It was the vertiginous beginning. The stock market crashed, the NBA canceled its season, Tom Hanks and his wife were diagnosed with coronavirus in Australia. When Dara, the ER doctor in New York City, was at the nation’s epicenter in mid-March, she got a COVID test and it came back positive. Telling her three kids, who were staying with her parents in New Jersey, was the hardest part. She didn’t want them to be afraid. She missed them so much already.


pages: 569 words: 165,510

There Is Nothing for You Here: Finding Opportunity in the Twenty-First Century by Fiona Hill

2021 United States Capitol attack, active measures, Affordable Care Act / Obamacare, algorithmic bias, barriers to entry, Berlin Wall, Bernie Sanders, Big Tech, Black Lives Matter, blue-collar work, Boris Johnson, Brexit referendum, British Empire, business climate, call centre, collective bargaining, company town, coronavirus, COVID-19, crony capitalism, cuban missile crisis, David Brooks, deindustrialization, desegregation, digital divide, disinformation, Dissolution of the Soviet Union, Donald Trump, Fall of the Berlin Wall, financial independence, first-past-the-post, food desert, gender pay gap, gentrification, George Floyd, glass ceiling, global pandemic, Great Leap Forward, housing crisis, illegal immigration, imposter syndrome, income inequality, indoor plumbing, industrial cluster, industrial research laboratory, informal economy, Jeff Bezos, Jeremy Corbyn, Kickstarter, knowledge economy, lockdown, low skilled workers, Lyft, Martin Wolf, mass immigration, meme stock, Mikhail Gorbachev, new economy, oil shock, opioid epidemic / opioid crisis, Own Your Own Home, Paris climate accords, pension reform, QAnon, ransomware, restrictive zoning, ride hailing / ride sharing, Right to Buy, Ronald Reagan, self-driving car, Silicon Valley, single-payer health, statistical model, Steve Bannon, The Chicago School, TikTok, transatlantic slave trade, Uber and Lyft, uber lyft, University of East Anglia, urban decay, urban planning, Washington Consensus, WikiLeaks, Winter of Discontent, women in the workforce, working poor, Yom Kippur War, young professional

ad hoc manner: Julian Borger, “ ‘Trump thought I was a secretary’: Fiona Hill on the president, Putin and populism,” Guardian, June 12, 2020, https://www.theguardian.com/us-news/2020/jun/12/fiona-hill-trump-putin-populism-interview. four hundred thousand Americans: “COVID-19 United States Cases by County,” Johns Hopkins University and Medicine Coronavirus Resource Center, accessed April 29, 2021, https://coronavirus.jhu.edu/us-map. close to two hundred thousand: “Coronavirus in the U.S.: Latest Map and Case Count,” New York Times, updated April 29, 2021, https://www.nytimes.com/interactive/2021/us/covid-cases.html. Urgent action: Joe Davidson, “GAO report slams Trump administration response to the coronavirus pandemic,” Washington Post, February 3, 2021, https://www.washingtonpost.com/politics/gao-trump-covid-biden/2021/02/02/38f0a0a8-65a4-11eb-bf81-c618c88ed605_story.html.

The United Kingdom was also swept up in the Black Lives Matter protests, as a younger generation of Brits contemplated the integral role the UK had played in the Atlantic slave trade and its own history of racism and heavy-handed policing. Again I was struck by how inadequate the government-level responses were to address this painful and complex issue, especially against the backdrop of the coronavirus, which hit Black and other minority communities hard in both countries. In Russia, Vladimir Putin—faced with his own domestic problems, including the rampaging coronavirus and a growing opposition movement—did not waste an opportunity to comment on the situation and to criticize the United States for mishandling race relations. He was clearly only too happy to be able to divert the Russian public’s attention away from deficiencies at home to debacles abroad.

It has to plan ahead, let seasoned experts take the lead, and pull people together around a clear set of goals and messages. Combating the coronavirus could not be done in an ad hoc manner, relying on a loose coalition of friends, family, and loyalists and pitting people against each other. It would take real leadership, and that was one thing that populists seemed wholly uninterested in providing. Against the backdrop of high political drama, the United States hit a grim set of milestones over the course of the year. By Inauguration Day in January 2021, four hundred thousand Americans had died of COVID-19. Almost twenty-five million people had contracted the coronavirus, and close to two hundred thousand more were infected daily.


pages: 495 words: 114,451

Life on the Rocks: Building a Future for Coral Reefs by Juli Berwald

23andMe, 3D printing, Alfred Russel Wallace, Anthropocene, Black Lives Matter, carbon footprint, Charles Lindbergh, circular economy, clean water, coronavirus, COVID-19, en.wikipedia.org, Fellow of the Royal Society, financial innovation, Garrett Hardin, George Floyd, Google Earth, Gregor Mendel, Greta Thunberg, Intergovernmental Panel on Climate Change (IPCC), lateral thinking, Maui Hawaii, microbiome, mouse model, ocean acidification, Panamax, Paris climate accords, Skype, social distancing, sovereign wealth fund, stem cell, TED Talk, the scientific method, too big to fail, Tragedy of the Commons

* * * — When we arrived at the facility, Isy’s temperature was taken. It was the first time we were asked the battery of questions that would soon become so familiar: Had we had a cough in the last forty-eight hours? Did we have a fever? Had we been around anyone exposed to the coronavirus? Had we been knowingly exposed to coronavirus? No. No. No. No. We met various staff in a large room, couches situated well over six feet apart from each other. We retold psychological and medical histories. We signed paperwork. Finally, the nurse said, “It’s the moment that you didn’t want to come.” She moved toward the door.

Coral restorations will be the lifeboats sheltering the coral until we get control of our carbon emissions. In addition to the science and funding opportunities for coral, the Global Fund for Coral Reef announcement included a new, unavoidable theme: the coronavirus and its lessons. This was best articulated by the UK minister for Pacific and the Environment, who said, “This pandemic has exposed our vulnerability, economically of course, but it is also a wake-up call to profoundly reset our relationship with the natural world. Coronavirus is almost certainly the consequence of our abuse of nature. The scientific evidence is very clear that the current crisis will be dwarfed by others, by climate change and environmental degradation.

Lawrence, “Mycosporine-Like Amino Acids for Skin Photoprotection,” Current Medicinal Chemistry 25, no. 40 (December 2018): 5512–27, https://pubmed.ncbi.nlm.nih.gov/28554325/. GO TO NOTE REFERENCE IN TEXT CARES Act: Genevieve M. Razick, “It Is Not All about the Coronavirus: The CARES Act Brings Long-Awaited Over-the-Counter (OTC) Monograph Reform,” Arnall Golden Gregory LLP, April 10, 2020, https://www.agg.com/news-insights/publications/it-is-not-all-about-the-coronavirus-the-cares-act-brings-long-awaited-over-the-counter-otc-monograph-reform/. GO TO NOTE REFERENCE IN TEXT ban the sale of sunscreens: Shannon McMahon, “6 Destinations with Sunscreen Bans, and What You Need to Know,” Smarter Travel, August 20, 2019, https://www.smartertravel.com/sunscreen-ban-destinations/.


pages: 329 words: 100,162

Hype: How Scammers, Grifters, and Con Artists Are Taking Over the Internet―and Why We're Following by Gabrielle Bluestone

Adam Neumann (WeWork), Airbnb, Bellingcat, Bernie Madoff, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Burning Man, cashless society, coronavirus, COVID-19, Donald Trump, driverless car, Elon Musk, fake it until you make it, financial thriller, forensic accounting, gig economy, global pandemic, growth hacking, high net worth, hockey-stick growth, hype cycle, Hyperloop, Kevin Roose, lock screen, lockdown, Lyft, Mark Zuckerberg, Masayoshi Son, Mason jar, Menlo Park, Multics, Naomi Klein, Netflix Prize, NetJets, Peter Thiel, placebo effect, post-truth, RFID, ride hailing / ride sharing, Russell Brand, Sand Hill Road, self-driving car, Silicon Valley, Snapchat, social distancing, SoftBank, Steve Jobs, tech billionaire, tech bro, TikTok, Tim Cook: Apple, Travis Kalanick, Uber and Lyft, uber lyft, unpaid internship, upwardly mobile, Vision Fund, WeWork

It was never going to work.” The coronavirus ultimately gave Son a chance to claw back some of Neumann’s parachute. But it also revealed the weaknesses in his portfolio, which had become worth less than the cost of its investments in early May 2020. According to the New York Times, Son held an earnings call where he compared himself to Jesus and the Beatles and spoke of a brighter future by referencing a graphic of two unicorns falling into a hole in the ground. “Our unicorns are facing serious challenges against the background of the coronavirus outbreak, but I believe that some of them will fly over the Valley of Coronavirus and go beyond and fly high,” he said.

Julia Alexander, "Creators Finally Know How Much Money YouTube Makes, and They Want More of It," The Verge, February 4, 2020, https://www.theverge.com/2020/2/4/21121370/youtube-advertising-revenue-creators-demonetization-earnings-google. 14. Taylor Lorenz, "Welcome to the Era of Branded Engagements," The Atlantic, June 20, 2020, https://www.theatlantic.com/technology/archive/2019/06/was-viral-proposal-staged/592141/. 15. Koh Ewe, "Influencer Licks Toilet Seat for TikTok Fame in ‘Coronavirus Challenge,’" VICE News, March 18, 2020, https://www.vice.com/en/article/5dm43a/coronavirus-influencer-lick-toilet-seat-tiktok. 16. Dee LaVigne, "I Buy the Cheapest Thing on Hermes!!!," YouTube video, April 2, 2018, https://www.youtube.com/watch?v=Y1b7j4XnMfc. 17. Sophie Shohet | Fashion Beauty Lifestyle, "I Looked for the Cheapest Thing Cartier Sold... 6 *Insane* Luxury Items Under £495 | Selfridges AD," YouTube video, June 17, 2020, https://www.youtube.com/watch?

What was, in 2009, intentionally surreal, now seems almost banal, what with the former Goop employee who staged a sponsored multi-city engagement extravaganza for a live audience of about 5,000 emotionally invested strangers (and lost her day job not long after it went viral for all the wrong reasons),14 or the TikTok users who caught coronavirus after participating in a viral toilet-seat-licking challenge for clout.15 “I think now, with influencer marketing, what was covert has now become overt,” Borte said. For one thing, Audi’s costarring role opposite Duchovny in The Joneses turned out to be a precipitating event in the car company’s rather clichéd move into the arena of life imitating art.


pages: 414 words: 117,581

Binge Times: Inside Hollywood's Furious Billion-Dollar Battle to Take Down Netflix by Dade Hayes, Dawn Chmielewski

activist fund / activist shareholder / activist investor, Airbnb, Albert Einstein, Amazon Web Services, AOL-Time Warner, Apollo 13, augmented reality, barriers to entry, Big Tech, borderless world, cloud computing, cognitive dissonance, content marketing, coronavirus, corporate raider, COVID-19, data science, digital rights, Donald Trump, Downton Abbey, Elon Musk, George Floyd, global pandemic, Golden age of television, haute cuisine, hockey-stick growth, invention of the telephone, Jeff Bezos, John Markoff, Jony Ive, late fees, lockdown, loose coupling, Marc Andreessen, Mark Zuckerberg, Mitch Kapor, Netflix Prize, Osborne effect, performance metric, period drama, Phoebe Waller-Bridge, QR code, reality distortion field, recommendation engine, remote working, Ronald Reagan, Salesforce, Saturday Night Live, Silicon Valley, skunkworks, Skype, Snapchat, social distancing, Steve Jobs, subscription business, tech bro, the long tail, the medium is the message, TikTok, Tim Cook: Apple, vertical integration, WeWork

Here’s Why He’s Worried,” New York Times, December 30, 2019; Tim Cook remarks, Apple Keynote Event, March 25, 2019; Mark Lawson, “Apple TV+: Less a Rival to Netflix, More a Smug Religious Cult,” Guardian, March 25, 2019; Josef Adalian, “We Learned a Lot About Apple TV+ Today, but Not How Much It’ll Cost,” New York, March 25, 2019; Elahe Izadi, “Bono Is Sorry U2’s Album Automatically Showed Up on Your iTunes,” Washington Post, October 15, 2014. CHAPTER 7: COOKING UP “QUICK BITES” Jeffrey Katzenberg interview with Dawn Chmielewski, “Coronavirus Lockdown Will Boost Meg Whitman’s and Jeff Katzenberg’s New Mobile Streaming Service Quibi,” Forbes, April 3, 2020; Katzenberg interview with Andrew Wallenstein, “Inside Jeffrey Katzenberg’s Plan to Revolutionize Media on Mobile Screens,” Variety, July 19, 2017; Dawn Chmielewski interview with Meg Whitman, “Coronavirus Lockdown Will Boost Meg Whitman’s and Jeff Katzenberg’s New Mobile Streaming Service Quibi”; Meg Whitman with Joan O’C. Hamilton, The Power of Many (New York: Crown Publishers, 2010), 22; Jason Blum interview with authors, October 16, 2020; Cody Heller interview with authors, July 8, 2020; Tegan Jones, “Dummy Is the Hilariously Filthy and Raw Show We Need Right Now,” Gizmodo, April 21, 2020; Jeffrey Katzenberg interview with Bill Snyder, “Jeffrey Katzenberg: How Failure Makes a Better Leader,” Stanford Business, March 13, 2018; Benjamin Mullin, “Jeffrey Katzenberg and Meg Whitman Struggle with Their Startup—and Each Other,” Wall Street Journal, June 14, 2020; Jeffrey Katzenberg and Meg Whitman keynote, Consumer Electronics Show, January 8, 2020; Dawn Chmielewski interview with Zach Wechter, “Meg Whitman, Jeffrey Katzenberg Raise $400 Million Second Funding Round as Quibi Prepares to Launch,” Forbes, January 8, 2020; Van Toffler interview with the authors, March 12, 2020.

Michael Eisner, former chairman and CEO Bob Iger, former CEO and executive chairman Bob Chapek, CEO Kareem Daniel, chairman, media and entertainment distribution Tom Staggs, former chief operating officer Kevin Mayer, former chairman, direct-to-consumer and international Jimmy Pitaro, chairman, ESPN and sports content John Skipper, former president, ESPN Ricky Strauss, former president, content and marketing for Disney+ Albert Cheng, former chief product officer, digital media, Disney ABC Television Group Anne Sweeney, former cochair, Disney Media Networks; former president, Disney ABC Television Group Preface Variations on a single question pinged across social media, bobbing in a digital sea just as messages in physical bottles once were set adrift. What are we supposed to do now?! Society and popular culture were imitating a scene from the film Inception, folding inward on themselves, piece by piece, as fear of the spreading coronavirus reached its peak. Schools, courthouses, museums, sports venues, movie theaters, concert halls, restaurants, and bars all closed their doors. Travel bans and border shutdowns took effect. “Social distancing” prevailed, with hugs and high fives shunned and everyone instructed to stand six feet apart.

Its fundamental consumer premise—“quick-bite,” short-form video on the go—suddenly seemed less viable with shelter-in-place orders in effect, though TikTok’s weedlike surge proved that people stuck at home still want to watch videos on their phones. Traditional media companies faced a more vexing conundrum. Their streaming services would still require intensive capital investments, in terms of both hiring and digital infrastructure, as well as a willingness to forgo millions in licensing revenue. Now, with the coronavirus established as a long-term challenge, they would have to remain committed to disrupting themselves despite the devastating loss of revenue from movie box offices, TV advertising, sports, and theme parks. Would streaming be their route to redemption or just a mirage given the high bar set by Netflix and Amazon?


pages: 205 words: 61,903

Survival of the Richest: Escape Fantasies of the Tech Billionaires by Douglas Rushkoff

"World Economic Forum" Davos, 4chan, A Declaration of the Independence of Cyberspace, agricultural Revolution, Airbnb, Alan Greenspan, Amazon Mechanical Turk, Amazon Web Services, Andrew Keen, AOL-Time Warner, artificial general intelligence, augmented reality, autonomous vehicles, basic income, behavioural economics, Big Tech, biodiversity loss, Biosphere 2, bitcoin, blockchain, Boston Dynamics, Burning Man, buy low sell high, Californian Ideology, carbon credits, carbon footprint, circular economy, clean water, cognitive dissonance, Colonization of Mars, coronavirus, COVID-19, creative destruction, Credit Default Swap, CRISPR, data science, David Graeber, DeepMind, degrowth, Demis Hassabis, deplatforming, digital capitalism, digital map, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, energy transition, Ethereum, ethereum blockchain, European colonialism, Evgeny Morozov, Extinction Rebellion, Fairphone, fake news, Filter Bubble, game design, gamification, gig economy, Gini coefficient, global pandemic, Google bus, green new deal, Greta Thunberg, Haight Ashbury, hockey-stick growth, Howard Rheingold, if you build it, they will come, impact investing, income inequality, independent contractor, Jane Jacobs, Jeff Bezos, Jeffrey Epstein, job automation, John Nash: game theory, John Perry Barlow, Joseph Schumpeter, Just-in-time delivery, liberal capitalism, Mark Zuckerberg, Marshall McLuhan, mass immigration, megaproject, meme stock, mental accounting, Michael Milken, microplastics / micro fibres, military-industrial complex, Minecraft, mirror neurons, move fast and break things, Naomi Klein, New Urbanism, Norbert Wiener, Oculus Rift, One Laptop per Child (OLPC), operational security, Patri Friedman, pattern recognition, Peter Thiel, planetary scale, Plato's cave, Ponzi scheme, profit motive, QAnon, RAND corporation, Ray Kurzweil, rent-seeking, Richard Thaler, ride hailing / ride sharing, Robinhood: mobile stock trading app, Sam Altman, Shoshana Zuboff, Silicon Valley, Silicon Valley billionaire, SimCity, Singularitarianism, Skinner box, Snapchat, sovereign wealth fund, Stephen Hawking, Steve Bannon, Steve Jobs, Steven Levy, Steven Pinker, Stewart Brand, surveillance capitalism, tech billionaire, tech bro, technological solutionism, technoutopianism, Ted Nelson, TED Talk, the medium is the message, theory of mind, TikTok, Torches of Freedom, Tragedy of the Commons, universal basic income, urban renewal, warehouse robotics, We are as Gods, WeWork, Whole Earth Catalog, work culture , working poor

(New York: Viking Penguin, 1987), 251.   38   “we’re way closer … people’s brains” : Matthew Gault, “Billionaires See VR as a Way to Avoid Radical Social Change,” Wired , February 15, 2021, https:// www .wired .com /story /billionaires -use -vr -avoid -social -change /.   38   “It is not possible … you wanted” : Gault, “Billionaires See VR as a Way to Avoid Radical Social Change.”   39   “Yes, we are in a pandemic” : David Zweig, “$25,000 Pod Schools: How Well-to-Do Children Will Weather the Pandemic,” New York Times , July 30, 2020, https:// www .nytimes .com /2020 /07 /30 /nyregion /pod -schools -hastings -on -hudson .html.   41   legions of Amazon workers : Joey Hadden, “Amazon Delivery Drivers Share What It’s Like to Be on the Front Lines of the Coronavirus Pandemic, Including Not Having Time to Wash Their Hands and Uncleaned Vans,” Business Insider , April 2, 2020, https:// www .businessinsider .com /why -amazon -delivery -workers -feel -exposed -and -vulnerable -to -coronavirus -2020 -3.   41   Amazon avoids taxes : Matthew Gardner, “Amazon Has Record-Breaking Profits in 2020, Avoids $2.3 Billion in Federal Income Taxes,” Institute on Taxation and Economic Policy, February 3, 2021, https:// itep .org /amazon -has -record -breaking -profits -in -2020 -avoids -2 -3 -billion -in -federal -income -taxes /.   41   anti-competitive practices : Mark Chandler, “Amazon Accused of Anti-Competitive Practices by US Subcommittee,” Bookseller , October 8, 2020, https:// www .thebookseller .com /news /amazon -accused -anti -competitive -practices -us -subcommittee -1222115.   41   abuses labor : Jodi Kantor, Karen Weise, and Grace Ashford, “Power and Peril: 5 Takeaways on Amazon’s Employment Machine,” New York Times , June 15, 2021, https:// www .nytimes .com /2021 /06 /15 /us /politics /amazon -warehouse -workers .html; Casey Newton, “Amazon’s Poor Treatment of Workers Is Catching up to It during the Coronavirus Crisis,” Verge , April 1, 2020, https:// www .theverge .com /interface /2020 /4 /1 /21201162 /amazon -delivery -delays -coronavirus -worker -strikes.   42   more people opened online trading : Annie Massa, “Pandemic-Fueled Day Trading Is Overwhelming Online Brokers—and the Traders Are Fuming,” Fortune , December 9, 2020, https:// fortune .com /2020 /12 /08 /day -trading -online -brokers -tech -failure -crashes -outages /.   42   Shares of Zoom went up : Shanhong Liu, “Price of Zoom shares traded on Nasdaq Stock Market in 2020 and 2021,” Statista , August 9, 2021, https:// www .statista .com /statistics /1106104 /stock -price -zoom /.   42   Jeff Bezos’s fortune rose : Chase Peterson-Withorn, “How Much Money America’s Billionaires Have Made During the Covid-19 Pandemic,” Forbes , April 30, 2021, https:// www .forbes .com /sites /chasewithorn /2021 /04 /30 /american -billionaires -have -gotten -12 -trillion -richer -during -the -pandemic.   42   five biggest U.S. tech companies : The staff of the Wall Street Journal , “How Big Tech Got Even Bigger,” Wall Street Journal , February 6, 2021, https:// www .wsj .com /articles /how -big -tech -got -even -bigger -11612587632.   42   Netflix’s share price : Jonathan Ponciano, “5 Big Numbers That Show Netflix’s Massive Growth Continues during the Coronavirus Pandemic,” Forbes , October 20, 2020, https:// www .forbes .com /sites /jonathanponciano /2020 /10 /19 /netflix -earnings -5 -numbers -growth -continues -during -the -coronavirus -pandemic /.   43   “Many creatives, startups, and techies” : Jen Murphy, “Remote Workers Flee to $70,000-a-Month Resorts While Awaiting Vaccines,” Bloomberg , February 15, 2021, https:// www .bloomberg .com /news /articles /2021 -02 -15 /remote -workers -flee -to -luxury -beach -resorts -while -awaiting -vaccines.   43   “It’s been great here” : Julie Satow, “Turning a Second Home into a Primary Home,” New York Times , July 24, 2020, https:// www .nytimes .com /2020 /07 /24 /realestate /coronavirus -second -homes - .html.   43   Each 1 percent increase : Mary Van Beusekom, “Race, Income Inequality Fuel COVID Disparities in US Counties,” Center for Infectious Disease Research and Policy, University of Minnesota, January 20, 2021, https:// www .cidrap .umn .edu /news -perspective /2021 /01 /race -income -inequality -fuel -covid -disparities -us -counties; Tim F.

(New York: Viking Penguin, 1987), 251.   38   “we’re way closer … people’s brains” : Matthew Gault, “Billionaires See VR as a Way to Avoid Radical Social Change,” Wired , February 15, 2021, https:// www .wired .com /story /billionaires -use -vr -avoid -social -change /.   38   “It is not possible … you wanted” : Gault, “Billionaires See VR as a Way to Avoid Radical Social Change.”   39   “Yes, we are in a pandemic” : David Zweig, “$25,000 Pod Schools: How Well-to-Do Children Will Weather the Pandemic,” New York Times , July 30, 2020, https:// www .nytimes .com /2020 /07 /30 /nyregion /pod -schools -hastings -on -hudson .html.   41   legions of Amazon workers : Joey Hadden, “Amazon Delivery Drivers Share What It’s Like to Be on the Front Lines of the Coronavirus Pandemic, Including Not Having Time to Wash Their Hands and Uncleaned Vans,” Business Insider , April 2, 2020, https:// www .businessinsider .com /why -amazon -delivery -workers -feel -exposed -and -vulnerable -to -coronavirus -2020 -3.   41   Amazon avoids taxes : Matthew Gardner, “Amazon Has Record-Breaking Profits in 2020, Avoids $2.3 Billion in Federal Income Taxes,” Institute on Taxation and Economic Policy, February 3, 2021, https:// itep .org /amazon -has -record -breaking -profits -in -2020 -avoids -2 -3 -billion -in -federal -income -taxes /.   41   anti-competitive practices : Mark Chandler, “Amazon Accused of Anti-Competitive Practices by US Subcommittee,” Bookseller , October 8, 2020, https:// www .thebookseller .com /news /amazon -accused -anti -competitive -practices -us -subcommittee -1222115.   41   abuses labor : Jodi Kantor, Karen Weise, and Grace Ashford, “Power and Peril: 5 Takeaways on Amazon’s Employment Machine,” New York Times , June 15, 2021, https:// www .nytimes .com /2021 /06 /15 /us /politics /amazon -warehouse -workers .html; Casey Newton, “Amazon’s Poor Treatment of Workers Is Catching up to It during the Coronavirus Crisis,” Verge , April 1, 2020, https:// www .theverge .com /interface /2020 /4 /1 /21201162 /amazon -delivery -delays -coronavirus -worker -strikes.   42   more people opened online trading : Annie Massa, “Pandemic-Fueled Day Trading Is Overwhelming Online Brokers—and the Traders Are Fuming,” Fortune , December 9, 2020, https:// fortune .com /2020 /12 /08 /day -trading -online -brokers -tech -failure -crashes -outages /.   42   Shares of Zoom went up : Shanhong Liu, “Price of Zoom shares traded on Nasdaq Stock Market in 2020 and 2021,” Statista , August 9, 2021, https:// www .statista .com /statistics /1106104 /stock -price -zoom /.   42   Jeff Bezos’s fortune rose : Chase Peterson-Withorn, “How Much Money America’s Billionaires Have Made During the Covid-19 Pandemic,” Forbes , April 30, 2021, https:// www .forbes .com /sites /chasewithorn /2021 /04 /30 /american -billionaires -have -gotten -12 -trillion -richer -during -the -pandemic.   42   five biggest U.S. tech companies : The staff of the Wall Street Journal , “How Big Tech Got Even Bigger,” Wall Street Journal , February 6, 2021, https:// www .wsj .com /articles /how -big -tech -got -even -bigger -11612587632.   42   Netflix’s share price : Jonathan Ponciano, “5 Big Numbers That Show Netflix’s Massive Growth Continues during the Coronavirus Pandemic,” Forbes , October 20, 2020, https:// www .forbes .com /sites /jonathanponciano /2020 /10 /19 /netflix -earnings -5 -numbers -growth -continues -during -the -coronavirus -pandemic /.   43   “Many creatives, startups, and techies” : Jen Murphy, “Remote Workers Flee to $70,000-a-Month Resorts While Awaiting Vaccines,” Bloomberg , February 15, 2021, https:// www .bloomberg .com /news /articles /2021 -02 -15 /remote -workers -flee -to -luxury -beach -resorts -while -awaiting -vaccines.   43   “It’s been great here” : Julie Satow, “Turning a Second Home into a Primary Home,” New York Times , July 24, 2020, https:// www .nytimes .com /2020 /07 /24 /realestate /coronavirus -second -homes - .html.   43   Each 1 percent increase : Mary Van Beusekom, “Race, Income Inequality Fuel COVID Disparities in US Counties,” Center for Infectious Disease Research and Policy, University of Minnesota, January 20, 2021, https:// www .cidrap .umn .edu /news -perspective /2021 /01 /race -income -inequality -fuel -covid -disparities -us -counties; Tim F.

(New York: Viking Penguin, 1987), 251.   38   “we’re way closer … people’s brains” : Matthew Gault, “Billionaires See VR as a Way to Avoid Radical Social Change,” Wired , February 15, 2021, https:// www .wired .com /story /billionaires -use -vr -avoid -social -change /.   38   “It is not possible … you wanted” : Gault, “Billionaires See VR as a Way to Avoid Radical Social Change.”   39   “Yes, we are in a pandemic” : David Zweig, “$25,000 Pod Schools: How Well-to-Do Children Will Weather the Pandemic,” New York Times , July 30, 2020, https:// www .nytimes .com /2020 /07 /30 /nyregion /pod -schools -hastings -on -hudson .html.   41   legions of Amazon workers : Joey Hadden, “Amazon Delivery Drivers Share What It’s Like to Be on the Front Lines of the Coronavirus Pandemic, Including Not Having Time to Wash Their Hands and Uncleaned Vans,” Business Insider , April 2, 2020, https:// www .businessinsider .com /why -amazon -delivery -workers -feel -exposed -and -vulnerable -to -coronavirus -2020 -3.   41   Amazon avoids taxes : Matthew Gardner, “Amazon Has Record-Breaking Profits in 2020, Avoids $2.3 Billion in Federal Income Taxes,” Institute on Taxation and Economic Policy, February 3, 2021, https:// itep .org /amazon -has -record -breaking -profits -in -2020 -avoids -2 -3 -billion -in -federal -income -taxes /.   41   anti-competitive practices : Mark Chandler, “Amazon Accused of Anti-Competitive Practices by US Subcommittee,” Bookseller , October 8, 2020, https:// www .thebookseller .com /news /amazon -accused -anti -competitive -practices -us -subcommittee -1222115.   41   abuses labor : Jodi Kantor, Karen Weise, and Grace Ashford, “Power and Peril: 5 Takeaways on Amazon’s Employment Machine,” New York Times , June 15, 2021, https:// www .nytimes .com /2021 /06 /15 /us /politics /amazon -warehouse -workers .html; Casey Newton, “Amazon’s Poor Treatment of Workers Is Catching up to It during the Coronavirus Crisis,” Verge , April 1, 2020, https:// www .theverge .com /interface /2020 /4 /1 /21201162 /amazon -delivery -delays -coronavirus -worker -strikes.   42   more people opened online trading : Annie Massa, “Pandemic-Fueled Day Trading Is Overwhelming Online Brokers—and the Traders Are Fuming,” Fortune , December 9, 2020, https:// fortune .com /2020 /12 /08 /day -trading -online -brokers -tech -failure -crashes -outages /.   42   Shares of Zoom went up : Shanhong Liu, “Price of Zoom shares traded on Nasdaq Stock Market in 2020 and 2021,” Statista , August 9, 2021, https:// www .statista .com /statistics /1106104 /stock -price -zoom /.   42   Jeff Bezos’s fortune rose : Chase Peterson-Withorn, “How Much Money America’s Billionaires Have Made During the Covid-19 Pandemic,” Forbes , April 30, 2021, https:// www .forbes .com /sites /chasewithorn /2021 /04 /30 /american -billionaires -have -gotten -12 -trillion -richer -during -the -pandemic.   42   five biggest U.S. tech companies : The staff of the Wall Street Journal , “How Big Tech Got Even Bigger,” Wall Street Journal , February 6, 2021, https:// www .wsj .com /articles /how -big -tech -got -even -bigger -11612587632.   42   Netflix’s share price : Jonathan Ponciano, “5 Big Numbers That Show Netflix’s Massive Growth Continues during the Coronavirus Pandemic,” Forbes , October 20, 2020, https:// www .forbes .com /sites /jonathanponciano /2020 /10 /19 /netflix -earnings -5 -numbers -growth -continues -during -the -coronavirus -pandemic /.   43   “Many creatives, startups, and techies” : Jen Murphy, “Remote Workers Flee to $70,000-a-Month Resorts While Awaiting Vaccines,” Bloomberg , February 15, 2021, https:// www .bloomberg .com /news /articles /2021 -02 -15 /remote -workers -flee -to -luxury -beach -resorts -while -awaiting -vaccines.   43   “It’s been great here” : Julie Satow, “Turning a Second Home into a Primary Home,” New York Times , July 24, 2020, https:// www .nytimes .com /2020 /07 /24 /realestate /coronavirus -second -homes - .html.   43   Each 1 percent increase : Mary Van Beusekom, “Race, Income Inequality Fuel COVID Disparities in US Counties,” Center for Infectious Disease Research and Policy, University of Minnesota, January 20, 2021, https:// www .cidrap .umn .edu /news -perspective /2021 /01 /race -income -inequality -fuel -covid -disparities -us -counties; Tim F.


pages: 301 words: 90,276

Sunbelt Blues: The Failure of American Housing by Andrew Ross

8-hour work day, Airbnb, barriers to entry, Bernie Sanders, Big Tech, carbon footprint, Celebration, Florida, clean water, climate change refugee, company town, coronavirus, corporate raider, COVID-19, do what you love, Donald Trump, drive until you qualify, edge city, El Camino Real, emotional labour, financial innovation, fixed income, gentrification, gig economy, global supply chain, green new deal, Hernando de Soto, Home mortgage interest deduction, housing crisis, Housing First, housing justice, industrial cluster, informal economy, Jeff Bezos, land bank, late fees, lockdown, Lyft, megaproject, military-industrial complex, minimum wage unemployment, mortgage tax deduction, New Urbanism, open immigration, opioid epidemic / opioid crisis, Peter Calthorpe, pill mill, rent control, rent gap, rent stabilization, restrictive zoning, Richard Florida, San Francisco homelessness, sharing economy, Silicon Valley, smart cities, social distancing, starchitect, tech bro, the built environment, traffic fines, uber lyft, urban planning, urban renewal, urban sprawl, working poor

Richard Bilbao, “Breaking: Disney to Furlough Workers at Walt Disney World, Disneyland Resort,” Orlando Business Journal, April 2, 2020, https://www.bizjournals.com/orlando/news/2020/04/02/breaking-disney-to-furlough-workers-at-walt-disney.html. 25.  Caroline Glenn, “Unemployment in Metro Orlando Jumps to 22.6% in May,” Orlando Sentinel, June 19, 2020, https://www.orlandosentinel.com/coronavirus/jobs-economy/os-bz-coronavirus-florida-orlando-may-unemployment-20200619-2eseklimmjatrcjtiflli34yl4-story.html. 26.  Patricia Mazzei and Sabrina Tavernise, “‘Florida Is a Terrible State to Be an Unemployed Person,’” New York Times, April 23, 2020, https://www.nytimes.com/2020/04/23/us/florida-coronavirus-unemployment.html; and Jim De Fede, “Gov. Ron DeSantis Acknowledges State’s Unemployment System Was Built with ‘Pointless Roadblocks’ to Pay Out ‘Least Number of Claims,’” CBS Miami, August 4, 2020, https://miami.cbslocal.com/2020/08/04/exclusive-governor-ron-desantis-acknowledges-florida-unemployment-system-designed-frustrate/. 27.  

She hopes it will be saved because the ground is prone to flooding, and so any developer would be required to “fill and build”—a costly prospect. “If you dig a firepit,” Louise points out, “you’ll hit water pretty quickly here.” By the end of the pandemic summer of 2020, the camps were filling out again with returnees, new arrivals from a wave of motel evictions, and a sprinkling of COVID refugees. During the coronavirus crisis, concentrations of unhoused people in cities around the country were seen as public health threats, and some widely ridiculed alternatives to shelters were introduced by authorities. As most hotel rooms nearby lay empty, San Francisco opened a “safe sleeping village” for socially distanced homeless in the Civic Center Plaza, just yards from City Hall.

Almost every LHT business in the region is parasitical on the Mouse, vying for a bite of the spending budget that visitors bring with them. Many other sectors—retail, construction, professional and business services, and the convention business—are indirectly dependent on it. A single-industry economy is highly vulnerable to a downturn. And this is exactly what happened when the coronavirus struck, forcing families to sacrifice Florida vacations and decimating the industry workforce. Disney’s career in Central Florida is a well-known case study in how a private corporation managed to seize for itself expansive governmental powers. After buying up forty-three square miles of land through multiple shell companies, Disney petitioned Florida’s legislature for the creation of a “special district,” a governmental entity that can issue its own tax-exempt bonds instead of drawing on the local county budget.


pages: 250 words: 75,151

The New Nomads: How the Migration Revolution Is Making the World a Better Place by Felix Marquardt

"World Economic Forum" Davos, agricultural Revolution, Anthropocene, Black Lives Matter, Black Swan, Boris Johnson, Bretton Woods, Brexit referendum, British Empire, carbon footprint, carbon tax, coronavirus, COVID-19, dark matter, digital nomad, Donald Trump, George Floyd, ghettoisation, glass ceiling, green new deal, Greta Thunberg, Intergovernmental Panel on Climate Change (IPCC), Joi Ito, Kickstarter, knowledge economy, labour market flexibility, Les Trente Glorieuses, out of africa, phenotype, place-making, Ponzi scheme, pre–internet, QAnon, Ray Kurzweil, remote working, Richard Feynman, road to serfdom, Silicon Valley, Skype, Snapchat, social distancing, sustainable-tourism, technological solutionism, technoutopianism, Yogi Berra, young professional

We would not have developed farms, cities, nation states, multinational companies, without this ability to define and maintain a group. Self-realisation, the scientific revolution and indeed modernity are all premised on it. But it has served its purpose and now become a problem. The time has come to leave it behind. How? Just as it has brought the world to a halt, the coronavirus pandemic is an opportunity to pause and take stock of the complexities of our present and the causal link between phenomena – specifically economic growth, energy consumption, (im)mobility, (in)equality, environmental degradation, the rise of religious extremism, nationalism and populism. And to recognise that the prosperity and open-minded, pro-immigration stance of the relatively mobile few is predicated on the relative lack of prosperity and mobility of the many,8 rather than on moral virtue.

The result was that a record low of 6,300 individuals stayed in the country after their studies. Boris Johnson’s administration reversed the policy in 2019, and so we may see greater numbers of young people staying in Britain after their studies. However, the first intake that this will affect is the coronavirus intake. It is a cliché, but the youth are the future. Any sane country should be at pains to attract young, dynamic people – not create a ‘hostile environment’ that pushes them away. Both the Barrez-vous! movement and the Youthonomics Global Index were driven in part by good intentions: to help young people to flourish in what seemed like a world where the odds were stacking up against them.

It should also be remembered that the majority of terrorist attacks conducted in the name of an insane interpretation of Islam in Europe have been perpetrated by those radicalised in Europe, not foreigners coming to Europe. What holds for refugees holds for them, too – societies without alienated, desperate people do not produce terrorists. The same can be said of health concerns, which are largely overblown to start with. TB and coronavirus are a danger if they go undetected. Having a system in place that allows people to seek asylum easily means that illnesses can be screened for. The real danger occurs when, due to the difficulty posed by crossing borders, refugees sneak in with health problems, work in undocumented positions and are, by and large, invisible to health professionals and epidemiologists.


pages: 565 words: 134,138

The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources by Javier Blas, Jack Farchy

accounting loophole / creative accounting, airport security, algorithmic trading, Asian financial crisis, Ayatollah Khomeini, banking crisis, book value, BRICs, business climate, business cycle, collapse of Lehman Brothers, commodity super cycle, coronavirus, corporate raider, COVID-19, Deng Xiaoping, Donald Trump, electricity market, energy security, European colonialism, failed state, financial innovation, Ford Model T, foreign exchange controls, Great Grain Robbery, invisible hand, John Deuss, junk bonds, Kickstarter, light touch regulation, lockdown, low interest rates, margin call, new economy, North Sea oil, offshore financial centre, oil shale / tar sands, oil shock, oil-for-food scandal, Oscar Wyatt, price anchoring, proprietary trading, purchasing power parity, Ronald Reagan, Scramble for Africa, sovereign wealth fund, special economic zone, stakhanovite, Suez crisis 1956, trade route, vertical integration, WikiLeaks, Yom Kippur War, éminence grise

For the 2019 sanctions, see: ‘The United States to Impose Sanctions On Chinese Firm Zhuhai Zhenrong Company Limited for Purchasing Oil From Iran’, US State Department, 22 July 2019, accessed: https://www.state.gov/the-united-states-to-impose-sanctions-on-chinese-firm-zhuhai-zhenrong-company-limited-for-purchasing-oil-from-iran/ . 45 Ian Taylor, interview with the authors, London, February 2019. 46 This account of Glencore’s trading in 2020 is based on an interview with a senior executive, who declined to be named, as well as the company’s statements, and publicly-available information on ship movements. 47 ‘Texas Regulators Weigh Historic Oil Cuts as Coronavirus Pandemic Saps Demand’, Wall Street Journal , 14 April 2020, accessed: https://www.wsj.com/articles/texas-regulators-weigh-historic-oil-cuts-after-coronavirus-11586886293 . 48 Steve Kalmin, Glencore’s chief financial officer, told journalists in August 2020 that the return on equity on the company’s contango deals was as much as 100% ‘in some cases’. 4 9 According to the estimates of several leading oil traders.

What’s more, much of the time, commodity markets are either over- or under-supplied. The traders, ever nimble and flexible, are always ready to take a commodity off a producer’s hands as long as the price is right, or to supply it if a consumer is willing to pay. For an example of how that works in practice, look no further than the oil price crash of 2020. As the coronavirus pandemic spread across the world, grounding flights and forcing people to stay at home, the price of oil spiralled lower and lower, briefly trading below zero for the first time ever. And so the traders stepped in, buying oil at dirt-cheap prices, and then storing it until demand recovered. Some even bought a few barrels at negative prices, meaning that producers had to pay them to take it off their hands.

As commodity demand tumbled in the wake of the financial crisis, oil traders like Vitol made a killing buying up unwanted oil and storing it – doing a version of the deals that Andy Hall had done nearly twenty years earlier. It was a trade they would repeat to great profit every time the market was oversupplied – not least in 2020, when the coronavirus pandemic struck. Aluminium traders were also cashing in enormous profits by funnelling surplus metal into warehouses. ‘We milked the cow every day,’ recalls one top aluminium trader of his profits in that period. 20 The commodity traders were enjoying a bounty, but for a world that was suffering from hunger and recession, their success was an affront.


pages: 569 words: 156,139

Amazon Unbound: Jeff Bezos and the Invention of a Global Empire by Brad Stone

activist fund / activist shareholder / activist investor, air freight, Airbnb, Amazon Picking Challenge, Amazon Robotics, Amazon Web Services, autonomous vehicles, Bernie Sanders, big data - Walmart - Pop Tarts, Big Tech, Black Lives Matter, business climate, call centre, carbon footprint, Clayton Christensen, cloud computing, Colonization of Mars, commoditize, company town, computer vision, contact tracing, coronavirus, corporate governance, COVID-19, crowdsourcing, data science, deep learning, disinformation, disintermediation, Donald Trump, Downton Abbey, Elon Musk, fake news, fulfillment center, future of work, gentrification, George Floyd, gigafactory, global pandemic, Greta Thunberg, income inequality, independent contractor, invisible hand, Jeff Bezos, John Markoff, Kiva Systems, Larry Ellison, lockdown, Mahatma Gandhi, Mark Zuckerberg, Masayoshi Son, mass immigration, minimum viable product, move fast and break things, Neal Stephenson, NSO Group, Paris climate accords, Peter Thiel, Ponzi scheme, Potemkin village, private spaceflight, quantitative hedge fund, remote working, rent stabilization, RFID, Robert Bork, Ronald Reagan, search inside the book, Sheryl Sandberg, Silicon Valley, Silicon Valley startup, Snapchat, social distancing, SoftBank, SpaceX Starlink, speech recognition, Steve Ballmer, Steve Jobs, Steven Levy, tech billionaire, tech bro, techlash, TED Talk, Tim Cook: Apple, Tony Hsieh, too big to fail, Tragedy of the Commons, two-pizza team, Uber for X, union organizing, warehouse robotics, WeWork

at least five Amazon workers in Italy and Spain: Matt Day, Daniele Lepido, Helen Fouquet, and Macarena Munoz Montijano, “Coronavirus Strikes at Amazon’s Operational Heart: Its Delivery Machine,” Bloomberg, March 16, 2020, https://www.bloomberg.com/news/articles/2020-03-16/coronavirus-strikes-at-amazon-s-operational-heart-its-delivery-machine?sref=dJuchiL5 (January 26, 2021). French FCs would stay closed for a month: Matthew Dalton, “Amazon Shuts French Warehouses After Court Orders Coronavirus Restrictions,” Wall Street Journal, April 16, 2020, https://www.wsj.com/articles/amazon-shuts-warehouses-in-france-11587036614 (January 26, 2021); Mathieu Rosemain, “Amazon’s French Warehouses to Reopen with 30% Staff—Unions,” Reuters, May 18, 2020, https://www.reuters.com/article/health-coronavirus-amazon-france/amazons-french-warehouses-to-reopen-with-30-staff-unions-idINKBN22U27G?

Jumpp gave an interview to CBS’s 60 Minutes: “Amazon worker: At least 600 Amazon employees stricken by coronavirus,” CBS, May 10, 2020, https://www.cbsnews.com/news/amazon-workers-with-coronavirus-60-minutes-2020-05-10/ (February 16, 2021). around twenty thousand: Amazon’s “Update on COVID-19 Testing.” Amazon also dismissed Katie Doan, a Whole Foods employee: Lauren Kaori Gurley, “Whole Foods Just Fired an Employee Who Kept Track of Corona Virus Cases,” Motherboard, March 29, 2020, https://www.vice.com/en/article/y3zd9g/whole-foods-just-fired-an-employee-who-kept-track-of-coronavirus-cases (February 28, 2021). Bashir Mohamed, a Somali FC worker: Sarah Ashley O’Brien, “Fear and a firing inside an Amazon warehouse,” CNN, April 22, 2020, https://www.cnn.com/2020/04/22/tech/amazon-warehouse-bashir-mohamed/index.html (February 28, 2021).

Amazon stopped all nonessential employee travel: Jeffrey Dastin, “Amazon Defers ‘Non-essential’ Moves Even in U.S. as Corporate Travel Bans Spread,” Reuters, February 28, 2020, https://www.reuters.com/article/us-china-health-amazon-com/amazon-defers-non-essential-moves-even-in-u-s-as-corporate-travel-bans-spread-idUSKCN20M2TZ (January 26, 2021). work from home for two weeks: Taylor Soper, “Amazon Changes Coronavirus Plan, Tells Seattle Area Employees to Work from Home until March 31,” GeekWire, March 4, 2020, https://www.geekwire.com/2020/amazon-changes-coronavirus-plan-tells-seattle-area-employees-work-home-march-31/ (January 26, 2021). for the rest of the year: Monica Nickelsburg, “Amazon Extends Work from Home Policy to January 2021, Opens Offices with New Safety Measures,” GeekWire, July 15, 2020, https://www.geekwire.com/2020/amazon-extends-work-home-policy-january-2021-opens-offices-new-safety-measures/ (January 26, 2021).


pages: 340 words: 90,674

The Perfect Police State: An Undercover Odyssey Into China's Terrifying Surveillance Dystopia of the Future by Geoffrey Cain

airport security, Alan Greenspan, AlphaGo, anti-communist, Bellingcat, Berlin Wall, Black Lives Matter, Citizen Lab, cloud computing, commoditize, computer vision, coronavirus, COVID-19, deep learning, DeepMind, Deng Xiaoping, Edward Snowden, European colonialism, fake news, Geoffrey Hinton, George Floyd, ghettoisation, global supply chain, Kickstarter, land reform, lockdown, mass immigration, military-industrial complex, Nelson Mandela, Panopticon Jeremy Bentham, pattern recognition, phenotype, pirate software, post-truth, purchasing power parity, QR code, RAND corporation, Ray Kurzweil, ride hailing / ride sharing, Right to Buy, self-driving car, sharing economy, Silicon Valley, Skype, smart cities, South China Sea, speech recognition, TikTok, Tim Cook: Apple, trade liberalization, trade route, undersea cable, WikiLeaks

Jeff Kao, Raymond Zhong, Paul Mozur and Aaron Krolik, “Leaked Documents Show How China’s Army of Paid Internet Trolls Helped Censor the Coronavirus,” ProPublica and New York Times, December 19, 2020, https://www.propublica.org/article/leaked-documents-show-how-chinas-army-of-paid-internet-trolls-helped-censor-the-coronavirus. 11. Associated Press, “China Delayed Releasing Coronavirus Info, Frustrating WHO,” June 3, 2020, https://apnews.com/article/3c061794970661042b18d5aeaaed9fae. 12. Steven Erlanger, “Global Backlash Builds against China over Coronavirus,” New York Times, May 3, 2020, https://www.nytimes.com/2020/05/03/world/europe/backlash-china-coronavirus.html. 13. US Consulate General in Guangzhou, People’s Republic of China, “Event: Discrimination against African-Americans in Guangzhou,” April 13, 2020, https://china.usembassy-china.org.cn/health-alert-u-s-consulate-general-guangzhou-peoples-republic-of-china/. 14.

World Health Organization, “Pneumonia of Unknown Cause—China,” January 5, 2020, https://www.who.int/csr/don/05-january-2020-pneumonia-of-unkown-cause-china/en/. 8. “The Coronavirus Didn’t Really Start at the Wuhan ‘Wet Market’,” Live Science, May 28, 2020, https://www.livescience.com/covid-19-did-not-start-at-wuhan-wet-market.html. 9. Aylin Woodward, “At Least 5 People in China Have Disappeared, Gotten Arrested, or Been Silenced after Speaking Out about the Coronavirus—Here’s What We Know About Them,” Business Insider, February 20, 2020, https://www.businessinsider.com/china-coronavirus-whistleblowers-speak-out-vanish-2020-2. 10. Jeff Kao, Raymond Zhong, Paul Mozur and Aaron Krolik, “Leaked Documents Show How China’s Army of Paid Internet Trolls Helped Censor the Coronavirus,” ProPublica and New York Times, December 19, 2020, https://www.propublica.org/article/leaked-documents-show-how-chinas-army-of-paid-internet-trolls-helped-censor-the-coronavirus. 11.

Lijian Zhao, Twitter post, March 12, 2020, 10:37 p.m. Beijing time, https://twitter.com/zlj517/status/1238111898828066823. 15. Selam Gebredikan, “For Autocrats, and Others, Coronavirus Is a Chance to Grab Even More Power,” New York Times, March 30, 2020, https://www.nytimes.com/2020/03/30/world/europe/coronavirus-governments-power.html. 16. Krystal Hu, “Exclusive: Amazon Turns to Chinese Firms on U.S. Blacklist to Meet Thermal Camera Needs,” Reuters, April 29, 2020, https://www.reuters.com/article/us-health-coronavirus-amazon-com-cameras-idUSKBN22B1AL. 17. Sam Biddle, “Police Surveilled George Floyd Protests with Help from Twitter-Affiliated Startup Dataminr,” Intercept, July 9, 2020, https://theintercept.com/2020/07/09/twitter-dataminr-police-spy-surveillance-black-lives-matter-protests/. 18.


pages: 447 words: 111,991

Exponential: How Accelerating Technology Is Leaving Us Behind and What to Do About It by Azeem Azhar

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 23andMe, 3D printing, A Declaration of the Independence of Cyberspace, Ada Lovelace, additive manufacturing, air traffic controllers' union, Airbnb, algorithmic management, algorithmic trading, Amazon Mechanical Turk, autonomous vehicles, basic income, Berlin Wall, Bernie Sanders, Big Tech, Bletchley Park, Blitzscaling, Boeing 737 MAX, book value, Boris Johnson, Bretton Woods, carbon footprint, Chris Urmson, Citizen Lab, Clayton Christensen, cloud computing, collective bargaining, computer age, computer vision, contact tracing, contact tracing app, coronavirus, COVID-19, creative destruction, crowdsourcing, cryptocurrency, cuban missile crisis, Daniel Kahneman / Amos Tversky, data science, David Graeber, David Ricardo: comparative advantage, decarbonisation, deep learning, deglobalization, deindustrialization, dematerialisation, Demis Hassabis, Diane Coyle, digital map, digital rights, disinformation, Dissolution of the Soviet Union, Donald Trump, Double Irish / Dutch Sandwich, drone strike, Elon Musk, emotional labour, energy security, Fairchild Semiconductor, fake news, Fall of the Berlin Wall, Firefox, Frederick Winslow Taylor, fulfillment center, future of work, Garrett Hardin, gender pay gap, general purpose technology, Geoffrey Hinton, gig economy, global macro, global pandemic, global supply chain, global value chain, global village, GPT-3, Hans Moravec, happiness index / gross national happiness, hiring and firing, hockey-stick growth, ImageNet competition, income inequality, independent contractor, industrial robot, intangible asset, Jane Jacobs, Jeff Bezos, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Perry Barlow, Just-in-time delivery, Kickstarter, Kiva Systems, knowledge worker, Kodak vs Instagram, Law of Accelerating Returns, lockdown, low skilled workers, lump of labour, Lyft, manufacturing employment, Marc Benioff, Mark Zuckerberg, megacity, Mitch Kapor, Mustafa Suleyman, Network effects, new economy, NSO Group, Ocado, offshore financial centre, OpenAI, PalmPilot, Panopticon Jeremy Bentham, Peter Thiel, Planet Labs, price anchoring, RAND corporation, ransomware, Ray Kurzweil, remote working, RFC: Request For Comment, Richard Florida, ride hailing / ride sharing, Robert Bork, Ronald Coase, Ronald Reagan, Salesforce, Sam Altman, scientific management, Second Machine Age, self-driving car, Shoshana Zuboff, Silicon Valley, Social Responsibility of Business Is to Increase Its Profits, software as a service, Steve Ballmer, Steve Jobs, Stuxnet, subscription business, synthetic biology, tacit knowledge, TaskRabbit, tech worker, The Death and Life of Great American Cities, The Future of Employment, The Nature of the Firm, Thomas Malthus, TikTok, Tragedy of the Commons, Turing machine, Uber and Lyft, Uber for X, uber lyft, universal basic income, uranium enrichment, vertical integration, warehouse automation, winner-take-all economy, workplace surveillance , Yom Kippur War

v=2HMPRXstSvQ> [accessed 24 February 2021]. 6 Paul Daugherty, H. James Wilson and Paul Michelman, ‘Revisiting the Jobs That Artificial Intelligence Will Create’, MIT Sloan Management Review (Summer 2017). 7 Lana Bandoim, ‘Robots Are Cleaning Grocery Store Floors During the Coronavirus Outbreak’, Forbes, 8 April 2020 <https://www.forbes.com/sites/lanabandoim/2020/04/08/robots-are-cleaning-grocery-store-floors-during-the-coronavirus-outbreak/> [accessed 24 February 2021]. 8 Jame DiBiasio, ‘A.I. Drives China Techfins into Car Insurance – and Beyond’, Digital Finance, 3 June 2020 <https://www.digfingroup.com/insurtech-ai/> [accessed 24 February 2021]. 9 Carl Benedikt Frey and Michael Osborne, ‘The Future of Employment: How Susceptible Are Jobs to Computerisation?’

I use the term in a slightly different context, referring to the overall breakdown of the thesis that technology necessarily enables single large global markets, mediated by a set of common rules. 4 Philip Garnett, Bob Doherty, and Tony Heron, ‘Vulnerability of the United Kingdom’s Food Supply Chains Exposed by COVID-19’, Nature Food, 1(6), 2020, pp. 315–318 <https://doi.org/10.1038/s43016-020-0097-7>. 5 Alex Lee, ‘How the UK’s Just-in-Time Delivery Model Crumbled under Coronavirus’, Wired, 30 March 2020 <https://www.wired.co.uk/article/stockpiling-supermarkets-coronavirus> [accessed 11 September 2020]. 6 UBS, The Food Revolution, July 2019 <https://www.ubs.com/global/en/ubs-society/our-stories/2019/future-of-food/_jcr_content/mainpar/toplevelgrid_1749059381/col1/linklist/link.1695495471.file/bGluay9wYXRoPS9jb250ZW50L2RhbS91YnMvZ2xvYmFsL3Vicy1zb2NpZXR5LzIwMTkvZm9vZC1yZXZvbHV0aW9uLWp1bHkucGRm/food-revolution-july.pdf>. 7 ‘Growing Higher – New Ways to Make Vertical Farming Stack up’, The Economist, 31 August 2019 <https://www.economist.com/science-and-technology/2019/08/31/new-ways-to-make-vertical-farming-stack-up> [accessed 4 August 2020]. 8 ‘World’s Biggest Rooftop Greenhouse Opens in Montreal’, Phys.org, 26 August 2020 <https://phys.org/news/2020-08-world-biggest-rooftop-greenhouse-montreal.html> [accessed 5 September 2020]. 9 Elizabeth Curmi et al., ‘Feeding the Future’, Citi Global Perspectives and Solutions, November 2018 <https://www.citivelocity.com/citigps/feeding-the-future/> [accessed 18 March 2021]. 10 Joel Jean, Patrick Richard Brown and Institute of Physics (Great Britain), Emerging Photovoltaic Technologies (Bristol, UK: IOP Publishing, 2020), pp. 1–5 <https://iopscience.iop.org/book/978-0-7503-2152-5> [accessed 12 October 2020]. 11 Brendan Coyne, ‘Vehicle-to-Grid: Are We Nearly There Yet?’

It creeps up on you and then explodes – one moment everything seems fine, the next your health service is on the verge of being overwhelmed by a new disease. And humans struggle to conceptualise the speed of that shift, as shown by the lackadaisical responses of many governments to the spread of coronavirus, particularly in Europe and America. At the same time, the pandemic revealed the full power of recent inventions. In most of the developed world, lockdowns were only possible due to widespread access to fast internet. Those of us locked at home spent much of the pandemic glued to our phones. And, most strikingly of all, within a year scientists had developed dozens of new vaccines – which, as we’ll see, were made possible by new innovations like machine learning.


pages: 272 words: 76,154

How Boards Work: And How They Can Work Better in a Chaotic World by Dambisa Moyo

"Friedman doctrine" OR "shareholder theory", activist fund / activist shareholder / activist investor, Airbnb, algorithmic trading, Amazon Web Services, AOL-Time Warner, asset allocation, barriers to entry, Ben Horowitz, Big Tech, bitcoin, Black Lives Matter, blockchain, Boeing 737 MAX, Bretton Woods, business cycle, business process, buy and hold, call centre, capital controls, carbon footprint, collapse of Lehman Brothers, coronavirus, corporate governance, corporate social responsibility, COVID-19, creative destruction, cryptocurrency, deglobalization, don't be evil, Donald Trump, fake news, financial engineering, gender pay gap, geopolitical risk, George Floyd, gig economy, glass ceiling, global pandemic, global supply chain, hiring and firing, income inequality, index fund, intangible asset, Intergovernmental Panel on Climate Change (IPCC), Jeff Bezos, knowledge economy, labor-force participation, long term incentive plan, low interest rates, Lyft, money: store of value / unit of account / medium of exchange, multilevel marketing, Network effects, new economy, old-boy network, Pareto efficiency, passive investing, Pershing Square Capital Management, proprietary trading, remote working, Ronald Coase, Savings and loan crisis, search costs, shareholder value, Shoshana Zuboff, Silicon Valley, social distancing, Social Responsibility of Business Is to Increase Its Profits, SoftBank, sovereign wealth fund, surveillance capitalism, The Nature of the Firm, Tim Cook: Apple, too big to fail, trade route, Travis Kalanick, uber lyft, Vanguard fund, Washington Consensus, WeWork, women in the workforce, work culture

To reframe this in a crude way, someone interested in gaining a place on a corporate board must ask themselves: Who from the management team would call me for advice, and when and why? Diversity is just one of the many major issues facing boards today. I conceived this book, and wrote most of it, well before the coronavirus pandemic of 2020. But the first months of the pandemic only reinforced my conclusions about the importance of functional, decisive, and wisely run boards. The coronavirus may have amplified the challenges facing today’s global companies, but I believe now more than ever in the positive role these corporations—and their boards—can play in society. Businesses are reckoning with a period of shocks, tremendous uncertainty, and heightened complexity that is testing whether corporations, and indeed capitalism itself, will survive.

They are increasingly serving as agents of change, pushing for reforms and innovation in areas previously thought to be solely the purview of government—from environmental change to diversity and inclusion across the workforce. Finally, corporations make invaluable contributions to human progress, joining with government to respond to global crises like the 2020 pandemic. Leading pharmaceutical companies were at the forefront of the development of a vaccine and treatments against the coronavirus, producers and suppliers mobilized to keep essential goods moving toward society’s most vulnerable, and formerly obscure industrial companies took center stage as providers of necessary equipment such as face masks, respirators, and ventilators. So the fates of corporations and society as a whole are closely linked.

Leaving a good legacy is becoming harder, however, as the corporate board’s oversight role becomes ever more challenging and baseline notions about shareholder value and social responsibility shift with the changing times. Twenty-first-century companies are buffeted by unprecedented economic headwinds. Particularly after the onset of the coronavirus pandemic, the global economy is facing a deep and protracted recession, adding to already slowing long-term economic growth trends. Furthermore, de-globalization—in the form of new trade tariffs, capital controls, and increased barriers to immigration—threatens to harm global commerce and limit investment flows and the movement of labor, thereby worsening an already dire economic outlook.


pages: 263 words: 77,786

Tomorrow's Capitalist: My Search for the Soul of Business by Alan Murray

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Airbnb, Alan Greenspan, Alvin Toffler, Berlin Wall, Bernie Sanders, Big Tech, Black Lives Matter, blockchain, Boris Johnson, call centre, carbon footprint, commoditize, coronavirus, corporate governance, corporate raider, corporate social responsibility, COVID-19, creative destruction, Credit Default Swap, decarbonisation, digital divide, disinformation, disruptive innovation, do well by doing good, don't be evil, Donald Trump, Ferguson, Missouri, financial innovation, Francis Fukuyama: the end of history, Frederick Winslow Taylor, future of work, gentrification, George Floyd, global pandemic, Greta Thunberg, gun show loophole, impact investing, income inequality, intangible asset, invisible hand, Jeff Bezos, job automation, knowledge worker, lockdown, London Whale, low interest rates, Marc Benioff, Mark Zuckerberg, market fundamentalism, means of production, minimum wage unemployment, natural language processing, new economy, old-boy network, price mechanism, profit maximization, remote working, risk-adjusted returns, Ronald Reagan, Salesforce, scientific management, shareholder value, side hustle, Silicon Valley, social distancing, Social Responsibility of Business Is to Increase Its Profits, The Future of Employment, the payments system, The Wealth of Nations by Adam Smith, Tim Cook: Apple, Washington Consensus, women in the workforce, work culture , working poor, zero-sum game

In the early months of the pandemic, my email box was flooded with press releases from companies touting their coronavirus good works. The serious contenders, in my view, were the companies who were actually trying to make a measurable difference, either for their employees or in the COVID-19 fight. Target announced an investment of more than $300 million in added wages, paid leave, and backup childcare. Allstate offered free coverage to those who were using their vehicles to deliver food and medicine. MassMutual offered free life insurance to frontline health care workers. Jack Dorsey dedicated $1 billion in Square stock for coronavirus relief. The list went on. COVID-19 has presented an opportunity for CEOs to do more than pay lip service to change.

The “global society,” long heralded as a supreme advance of the modern era, aided the spread of the disease. In the coming weeks travel bans were announced, and when the spread continued, lockdowns began. California was the first with a statewide stay-at-home order. On the East Coast, New York state became the epicenter of the coronavirus, with Governor Andrew Cuomo ordering all nonessential businesses closed. The blow to the economy was immense. Without customers, the airline industry was effectively shuttered. Restaurants closed. Theaters shut down and Broadway went dark. Businesses sent workers home. Schools closed. The streets of Manhattan, the global heartbeat of finance, were empty.

It’s literally like a snowball going downhill, picking up momentum.”2 When I first began speaking with business leaders to hear their thinking about the crisis and its effects, I lamented that it was coming just as the dramatic movement for change was gathering momentum across the business community. Since that auspicious gathering in Rome, much had happened to cement a commitment to increasing the positive social impact of corporations. ENTERING THE FRAY When I spoke with JUST Capital CEO Martin Whittaker in early April 2020, he had just been exposed to the coronavirus and was experiencing symptoms. He’d later call it the biggest test of his career. Whittaker is a thoughtful guy, who once told an interviewer that he derived strength from the words of Theodore Roosevelt in his famous speech about courage, delivered in Paris in 1910. Roosevelt discounts the critics and praises the person who is “actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”


pages: 493 words: 98,982

The Tyranny of Merit: What’s Become of the Common Good? by Michael J. Sandel

affirmative action, Affordable Care Act / Obamacare, anti-communist, Berlin Wall, Bernie Sanders, Boris Johnson, Brexit referendum, Capital in the Twenty-First Century by Thomas Piketty, centre right, coronavirus, COVID-19, Credit Default Swap, Deng Xiaoping, Donald Trump, ending welfare as we know it, facts on the ground, Fall of the Berlin Wall, financial deregulation, financial engineering, financial innovation, global supply chain, helicopter parent, High speed trading, immigration reform, income inequality, Khan Academy, laissez-faire capitalism, meritocracy, meta-analysis, Nate Silver, new economy, obamacare, Occupy movement, open immigration, Paris climate accords, plutocrats, prosperity theology / prosperity gospel / gospel of success, Rishi Sunak, Ronald Reagan, smart grid, social distancing, Steve Jobs, Steven Levy, the market place, The Wealth of Nations by Adam Smith, W. E. B. Du Bois, Washington Consensus, Yochai Benkler

Remarks by President Trump Before Marine One Departure, February 23, 2020, whitehouse.gov/briefings-statements/remarks-president-trump-marine-one-departure-83/ ; Remarks by President Trump in Meeting with African American Leaders, February 27, 2020, whitehouse.gov/briefings-statements/remarks-president-trump-meeting-african-american-leaders/ . 2. Farhad Manjoo, “How the World’s Richest Country Ran Out of a 75-Cent Face Mask,” The New York Times , March 25, 2020, nytimes.com/2020/03/25/opinion/coronavirus-face-mask.html . 3. Margot Sanger-Katz, “On Coronavirus, Americans Still Trust the Experts,” The New York Times , June 27, 2020, nytimes.com/2020/06/27/upshot/coronavirus-americans-trust-experts.html . INTRODUCTION: GETTING IN 1. Jennifer Medina, Katie Benner, and Kate Taylor, “Actresses, Business Leaders and Other Wealthy Parents Charged in U.S. College Entry Fraud,” The New York Times , March 12, 2019, nytimes.com/2019/03/12/us/college-admissions-cheating-scandal.html . 2.

Goodman, “The Nordic Way to Economic Rescue,” The New York Times , March 28, 2020, nytimes.com/2020/03/28/business/nordic-way-economic-rescue-virus.html ; Richard Partington, “UK Government to Pay 80% of Wages for Those Not Working in Coronavirus Crisis,” The Guardian , March 20, 2020, theguardian.com/uk-news/2020/mar/20/government-pay-wages-jobs-coronavirus-rishi-sunak ; Emmanuel Saez and Gabriel Zucman, “Jobs Aren’t Being Destroyed This Fast Elsewhere. Why Is That?,” The New York Times , March 30, 2020, nytimes.com/2020/03/30/opinion/coronavirus-economy-saez-zucman.html . 53. Oren Cass, The Once and Future Worker , pp. 79–99. 54. Ibid., pp. 115–39. 55. Ibid., pp. 25–28, 210–12. 56.

SANDEL Liberalism and the Limits of Justice Liberalism and Its Critics (editor) Democracy’s Discontent: America in Search of a Public Philosophy Public Philosophy: Essays on Morality in Politics The Case Against Perfection: Ethics in the Age of Genetic Engineering Justice: A Reader (editor) Justice: What’s the Right Thing to Do? What Money Can’t Buy: The Moral Limits of Markets Encountering China: Michael Sandel and Chinese Philosophy (co-editor) For Kiku, with love Prologue When the coronavirus pandemic hit in 2020, the United States, like many other countries, was unprepared. Despite warnings the previous year from public health experts about the risk of a global viral contagion, and even as China contended with its outbreak in January, the United States lacked the ability to conduct the widespread testing that might have contained the disease.


pages: 661 words: 185,701

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance by Eswar S. Prasad

access to a mobile phone, Adam Neumann (WeWork), Airbnb, algorithmic trading, altcoin, bank run, barriers to entry, Bear Stearns, Ben Bernanke: helicopter money, Bernie Madoff, Big Tech, bitcoin, Bitcoin Ponzi scheme, Bletchley Park, blockchain, Bretton Woods, business intelligence, buy and hold, capital controls, carbon footprint, cashless society, central bank independence, cloud computing, coronavirus, COVID-19, Credit Default Swap, cross-border payments, cryptocurrency, deglobalization, democratizing finance, disintermediation, distributed ledger, diversified portfolio, Dogecoin, Donald Trump, Elon Musk, Ethereum, ethereum blockchain, eurozone crisis, fault tolerance, fiat currency, financial engineering, financial independence, financial innovation, financial intermediation, Flash crash, floating exchange rates, full employment, gamification, gig economy, Glass-Steagall Act, global reserve currency, index fund, inflation targeting, informal economy, information asymmetry, initial coin offering, Internet Archive, Jeff Bezos, Kenneth Rogoff, Kickstarter, light touch regulation, liquidity trap, litecoin, lockdown, loose coupling, low interest rates, Lyft, M-Pesa, machine readable, Mark Zuckerberg, Masayoshi Son, mobile money, Money creation, money market fund, money: store of value / unit of account / medium of exchange, Network effects, new economy, offshore financial centre, open economy, opioid epidemic / opioid crisis, PalmPilot, passive investing, payday loans, peer-to-peer, peer-to-peer lending, Peter Thiel, Ponzi scheme, price anchoring, profit motive, QR code, quantitative easing, quantum cryptography, RAND corporation, random walk, Real Time Gross Settlement, regulatory arbitrage, rent-seeking, reserve currency, ride hailing / ride sharing, risk tolerance, risk/return, Robinhood: mobile stock trading app, robo advisor, Ross Ulbricht, Salesforce, Satoshi Nakamoto, seigniorage, Sheryl Sandberg, Silicon Valley, Silicon Valley startup, smart contracts, SoftBank, special drawing rights, the payments system, too big to fail, transaction costs, uber lyft, unbanked and underbanked, underbanked, Vision Fund, Vitalik Buterin, Wayback Machine, WeWork, wikimedia commons, Y Combinator, zero-sum game

Part 3: Helicopter Money,” Brookings Institution (blog), April 11, 2016, https://www.brookings.edu/blog/ben-bernanke/2016/04/11/what-tools-does-the-fed-have-left-part-3-helicopter-money/; and Jordi Galí, “Helicopter Money: The Time Is Now,” VoxEU, CEPR (blog), March 17, 2020, https://voxeu.org/article/helicopter-money-time-now. The March 2020 coronavirus stimulus bill is described in this article: Emily Cochrane and Sheryl Gay Stolberg, “$2 Trillion Coronavirus Stimulus Bill Is Signed into Law,” New York Times, March 27, 2020, https://www.nytimes.com/2020/03/27/us/politics/coronavirus-house-voting.html. The Economic Impact Payments are described at https://www.irs.gov/coronavirus/economic-impact-payments. The status of the payments as of June 2020 is summarized at “Economic Impact Payments Issued to Date,” US House of Representatives, Committee on Ways and Means, June 2020, https://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/2020.06.04%20EIPs%20Issued%20as%20of%20June%204%20FINAL.pdf.

Dollars Repatriated from Asia on Coronavirus Caution,” Reuters, March 6, 2020, https://www.reuters.com/article/us-health-coronavirus-fed-dollars/fed-quarantines-us-dollars-repatriated-from-asia-on-coronavirus-caution-idUSKBN20T1YT; and Kate Davidson and Tom Fairless, “Fed Stores Dollars Arriving from Asia as Coronavirus Precaution,” Wall Street Journal, March 6, 2020, https://www.wsj.com/articles/fed-delays-processing-dollar-bills-from-asia-amid-coronavirus-fears-11583512719. The New York University research is summarized here: Michaeleen Doucleff, “Dirty Money: A Microbial Jungle Thrives in Your Wallet,” NPR, April 23, 2014, https://www.npr.org/sections/health-shots/2014/04/23/305890574/dirty-money-a-microbial-jungle-thrives-in-your-wallet.

Cash Is Not Clean The allocation of new banknotes to Wuhan and the requirement that banknotes be disinfected were reported in Chinese official media: Wang Tianyu, “Central Bank Allocates 4 Billion Yuan in New Banknotes to Wuhan,” China Global Television Network, February 15, 2020, https://news.cgtn.com/news/2020-02-15/Central-bank-allocates-4-billion-yuan-in-new-banknotes-to-Wuhan-O69Pj35nNu/index.html; and “China Ensures Timely Money Transfer, Disinfects Banknotes amid Fight against Coronavirus,” Xinhuanet, February 15, 2020, http://www.xinhuanet.com/english/2020-02/15/c_138786757.htm. The Guangzhou branch’s actions to destroy banknotes is described here: Karen Yeung, “China Central Bank Branch to Destroy Banknotes from Coronavirus-Hit Sectors,” South China Morning Post, February 16, 2020, https://www.scmp.com/economy/china-economy/article/3050868/fresh-cash-old-china-central-bank-branch-destroy-banknotes. The Fed’s actions are reported in Pete Schroeder and Anna Irrera, “Fed Quarantines U.S. Dollars Repatriated from Asia on Coronavirus Caution,” Reuters, March 6, 2020, https://www.reuters.com/article/us-health-coronavirus-fed-dollars/fed-quarantines-us-dollars-repatriated-from-asia-on-coronavirus-caution-idUSKBN20T1YT; and Kate Davidson and Tom Fairless, “Fed Stores Dollars Arriving from Asia as Coronavirus Precaution,” Wall Street Journal, March 6, 2020, https://www.wsj.com/articles/fed-delays-processing-dollar-bills-from-asia-amid-coronavirus-fears-11583512719.


pages: 442 words: 85,640

This Book Could Fix Your Life: The Science of Self Help by New Scientist, Helen Thomson

Abraham Wald, Black Lives Matter, caloric restriction, caloric restriction, classic study, coronavirus, correlation does not imply causation, COVID-19, David Attenborough, delayed gratification, Donald Trump, Elon Musk, fake it until you make it, Flynn Effect, George Floyd, global pandemic, hedonic treadmill, job satisfaction, Kickstarter, lock screen, lockdown, meta-analysis, microbiome, nocebo, placebo effect, publication bias, randomized controlled trial, risk tolerance, selective serotonin reuptake inhibitor (SSRI), Sheryl Sandberg, social distancing, Steve Jobs, sugar pill, sunk-cost fallacy, survivorship bias, TED Talk, TikTok, ultra-processed food, Walter Mischel

So if you do decide to have that extra pint of lager, with its two units of alcohol, think about whether it’s worth the effort of working out for an extra twenty minutes to balance the books. HOW TO STOP OVEREATING If you feel like your diet has completely gone to pot during a year of coronavirus lockdowns in which you’ve struggled to find your regular food, and been stressed and bored – known risk factors for overeating – then you’re not alone. Emerging evidence suggests that many people, in the UK at least, are struggling to resist the comforts of food more than ever. Weight gain and its negative impact on our health might be an unforeseen consequence of the coronavirus pandemic. An unhealthy diet is often blamed on poor choices and a lack of willpower. We’ve already looked in Chapter 6 at some ways you can train your brain into choosing healthier foods.

You should also consult a medical practitioner before making changes to your diet or exercise regime, especially if you have pre-existing health conditions. 1 HOW NOT TO WORRY IT IS A HOT and sticky June 2020 as I write this, and I am sitting in my tiny box room. It is a nursery masquerading as an office as my family enters month four of lockdown, amid the worldwide coronavirus pandemic. Starting at 6.30 a.m., my husband and I split each day in half – one of us cares for our daughter while the other goes to work upstairs. At 1 p.m., we swap shifts. At 6.30 p.m. we share an evening routine of bath, stories and bed. A quick dinner, half an hour of TV, and then bed for me, too.

On repeat. Like many others, we’ve not seen our family or friends since Christmas. We spend only an hour or so a day in a nearby park, and mostly get our food via deliveries. Oh, and I’m also eight months pregnant. To say that this is a challenging time is an understatement. Like most people during the coronavirus crisis, the worry has at times got to me. I worry about my daughter and how she’s missing her pals at nursery, and fear I am only inadequately fulfilling her needs. I worry about whether I’m going to get this book finished on time, or whether I’ll end up doing less than the perfect job I want to.


pages: 524 words: 130,909

The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power by Max Chafkin

3D printing, affirmative action, Airbnb, anti-communist, bank run, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Black Monday: stock market crash in 1987, Blitzscaling, Boeing 747, borderless world, Cambridge Analytica, charter city, cloud computing, cognitive dissonance, Cornelius Vanderbilt, coronavirus, COVID-19, Credit Default Swap, cryptocurrency, David Brooks, David Graeber, DeepMind, digital capitalism, disinformation, don't be evil, Donald Trump, driverless car, Electric Kool-Aid Acid Test, Elon Musk, Ethereum, Extropian, facts on the ground, Fairchild Semiconductor, fake news, Ferguson, Missouri, Frank Gehry, Gavin Belson, global macro, Gordon Gekko, Greyball, growth hacking, guest worker program, Hacker News, Haight Ashbury, helicopter parent, hockey-stick growth, illegal immigration, immigration reform, Internet Archive, Jeff Bezos, John Markoff, Kevin Roose, Kickstarter, Larry Ellison, life extension, lockdown, low interest rates, Lyft, Marc Andreessen, Mark Zuckerberg, Maui Hawaii, Max Levchin, Menlo Park, military-industrial complex, moral panic, move fast and break things, Neal Stephenson, Nelson Mandela, Network effects, off grid, offshore financial centre, oil shale / tar sands, open borders, operational security, PalmPilot, Paris climate accords, Patri Friedman, paypal mafia, Peter Gregory, Peter Thiel, pets.com, plutocrats, Ponzi scheme, prosperity theology / prosperity gospel / gospel of success, public intellectual, QAnon, quantitative hedge fund, quantitative trading / quantitative finance, randomized controlled trial, regulatory arbitrage, Renaissance Technologies, reserve currency, ride hailing / ride sharing, risk tolerance, Robinhood: mobile stock trading app, Ronald Reagan, Sam Altman, Sand Hill Road, self-driving car, sharing economy, Sheryl Sandberg, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Silicon Valley startup, skunkworks, social distancing, software is eating the world, sovereign wealth fund, Steve Bannon, Steve Jobs, Steven Levy, Stewart Brand, surveillance capitalism, TaskRabbit, tech billionaire, tech worker, TechCrunch disrupt, techlash, technology bubble, technoutopianism, Ted Kaczynski, TED Talk, the new new thing, the scientific method, Tim Cook: Apple, transaction costs, Travis Kalanick, Tyler Cowen, Uber and Lyft, uber lyft, Upton Sinclair, Vitalik Buterin, We wanted flying cars, instead we got 140 characters, Whole Earth Catalog, WikiLeaks, William Shockley: the traitorous eight, Y Combinator, Y2K, yellow journalism, Zenefits

a record price: “Peter Thiel Buys Maui Home for a Record $27 Million,” The Wall Street Journal, July 15, 2011, https://www.wsj.com/articles/SB10001424052702304911104576444362936635124. and ultimately flawed: Riley Beggin, “Report: The CDC Contaminated Its First Coronavirus Tests, Setting US Back,” Vox, April, 18, 2020, https://www.vox.com/2020/4/18/21226372/coronavirus-tests-cdc-contaminated-delay-testing. “Software is eating the world”: Marc Andreessen, “Why Software Is Eating the World,” Andreessen Horowitz, August 20, 2011, https://a16z.com/2011/08/20/why-software-is-eating-the-world/. two more contracts, worth $25 million: Dave Nyczepir, “HHS Cites Coronavirus ‘Urgency’ in Speedy Palantir Contract Awards,” FedScoop, May 8, 2020, https://www.fedscoop.com/hha-covid-funds-palantir/.

“numbers are being cooked”: Graig Graziosi, “Republican Senate Hopeful Says Coronavirus Numbers Being ‘Cooked’ to Hurt Trump,” The Independent, July 28, 2020, https://www.independent.co.uk/news/world/americas/us-politics/coronavirus-deaths-trump-republican-senate-kris-kobach-a9642731.html. Tesla workers in Fremont: Neal E. Boudette, “Hundreds of Tesla Workers Tested Positive for the Virus after Elon Musk Reopened a Plant, Data Shows,” The New York Times, March 13, 2021, https://www.nytimes.com/2021/03/13/world/tesla-elon-musk-coronavirus-outbreak.html. virus as the “sniffles”: “Trump Says Son Barron’s Covid Illness ‘‘Just Went Away,’ ” NBC News, October 22, 2020, https://www.nbcnews.com/video/trump-says-son-barron-s-covid-illness-just-went-away-94447173800.

It was all working. 20 BACK TO THE FUTURE Just as the American public was coming to the realization that the coronavirus was spreading rapidly and that life was going to be profoundly different for some indeterminate amount of time, Peter Thiel left Los Angeles. Conventional wisdom had it that he’d gone to New Zealand—to the Plasma House and its panic room or perhaps to a bunker on the South Island farm he’d bought. New Zealand was living up to its reputation as an ideal apocalypse destination. The country had locked down early and closed its borders to noncitizens. It would suffer only twenty-five deaths from coronavirus through the end of 2020. But Thiel never made it to New Zealand—and, in fact, he’d essentially ignored his newly adopted homeland since the end of 2017, when he’d attended Simon Denny’s art exhibit The Founder’s Paradox, which explored the mythology of tech founders as the godlike figures that Silicon Valley, and especially Thiel, had promoted.


pages: 439 words: 131,081

The Chaos Machine: The Inside Story of How Social Media Rewired Our Minds and Our World by Max Fisher

2021 United States Capitol attack, 4chan, A Declaration of the Independence of Cyberspace, Airbnb, Bellingcat, Ben Horowitz, Bernie Sanders, Big Tech, Bill Gates: Altair 8800, bitcoin, Black Lives Matter, call centre, centre right, cloud computing, Comet Ping Pong, Computer Lib, coronavirus, COVID-19, crisis actor, crowdsourcing, dark pattern, data science, deep learning, deliberate practice, desegregation, disinformation, domesticated silver fox, Donald Trump, Douglas Engelbart, Douglas Engelbart, end-to-end encryption, fake news, Filter Bubble, Future Shock, game design, gamification, George Floyd, growth hacking, Hacker Conference 1984, Hacker News, hive mind, illegal immigration, Jeff Bezos, John Perry Barlow, Jon Ronson, Joseph Schumpeter, Julian Assange, Kevin Roose, lockdown, Lyft, Marc Andreessen, Mark Zuckerberg, Max Levchin, military-industrial complex, Oklahoma City bombing, Parler "social media", pattern recognition, Paul Graham, Peter Thiel, profit maximization, public intellectual, QAnon, recommendation engine, ride hailing / ride sharing, Rutger Bregman, Saturday Night Live, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, Snapchat, social distancing, Social Justice Warrior, social web, Startup school, Stephen Hawking, Steve Bannon, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, Susan Wojcicki, tech billionaire, tech worker, Ted Nelson, TED Talk, TikTok, Uber and Lyft, uber lyft, Whole Earth Catalog, WikiLeaks, Y Combinator

Fights a Pandemic Besides Coronavirus: An ‘Infodemic,’” Matt Richtel, New York Times, February 6, 2020. 2 “The interest that I got:” “Q&A: Solidifying Social Media Platforms’ Role in Global Health,” Devex Partnerships, Devex.com, November 29, 2021. 3 “I made this pitch on a human”: “How WHO Is Engaging Big Tech to Fight Covid-19,” Catherine Cheney, Devex.com, August 14, 2020. 4 an “infodemic”: “Facebook, Amazon, Google and More Met with WHO to Figure Out How to Stop Coronavirus Misinformation,” Christina Farr and Salvador Rodriguez, CNBC, February 14, 2020. 5 Facebook posts were already winning: “Coronavirus Cannot be Cured by Drinking Bleach or Snorting Cocaine, despite Social Media Rumors,” Christina Capatides, CBS News, March 9, 2020. 6 Instagram influencers explained: “Coronavirus Conspiracy Video Spreads on Instagram among Black Celebrities,” Brandy Zadrozny, NBC News, March 13, 2020. 7 the CIA was hoarding: Tweet by Brody Logan (@BrodyLogan), March 16, 2020. twitter.com/BrodyLogan/status/1239406460188020736 8 blaming the disease on 5G cell towers: “Why Coronavirus Conspiracy Theories Flourish.

It was as if the entire world became a Zika-afflicted village whose mothers turned in desperation to online rumors, or a collective of lonely young men escalating one another’s disillusionment and anomie into a shared struggle against some fabricated enemy. Coronavirus conspiracies, promising access to forbidden truths others did not hold, let believers feel certainty and autonomy amid a crisis that had taken away both. By pinning it all on some villain or plot, they gave a senseless tragedy some degree of meaning, however dark. And they offered users a way to take action, first by sharing their secret knowledge with others, then by telling one another that they would band together against whatever culprit the conspiracy blamed. The overarching narrative—coronavirus is a plot by Them to control Us—was everywhere by April.

The overarching narrative—coronavirus is a plot by Them to control Us—was everywhere by April. Often, the conspiracies originated with everyday users with tiny followings. A small-town missionary’s Facebook post accusing Bill Gates and China of spreading coronavirus to undermine Trump. A Houston beautician’s tweet listing past epidemics alongside corresponding election years (the dates were wrong) with the message “Coronavirus is a government made disease.” A video, on YouTube, of two doctors presenting phony claims that Covid was mostly harmless and that masks could be forgone. Each reached audiences numbering in the millions, all thanks to the platforms’ promotional systems.


pages: 398 words: 96,909

We're Not Broken: Changing the Autism Conversation by Eric Garcia

Affordable Care Act / Obamacare, Albert Einstein, Asperger Syndrome, autism spectrum disorder, barriers to entry, Bernie Sanders, Black Lives Matter, coronavirus, COVID-19, defund the police, Donald Trump, epigenetics, fake news, Ferguson, Missouri, full employment, George Floyd, Greta Thunberg, intentional community, Internet Archive, Joi Ito, Lyft, meta-analysis, neurotypical, opioid epidemic / opioid crisis, pattern recognition, phenotype, Salesforce, San Francisco homelessness, short selling, Silicon Valley, TED Talk

In July of the campaign, he released a plan that would eliminate the waitlist for home- and community-based services through increasing money for Medicaid and supported creating a “innovation fund” to find alternatives to institutional care. For the most part, though, Biden’s campaign (somewhat understandably) focused on other topics, such as the coronavirus pandemic and protests against racial injustice. But in both cases, disabled people faced the brunt of the pandemic. NPR reported at the time that people with intellectual disabilities and autism who contracted coronavirus died at a higher rate than the rest of the population in New York and Pennsylvania. Biden also hired Molly Doris-Pierce, who was disability outreach coordinator for Elizabeth Warren and whose disability plan was widely praised by the disability community.

Maggie Astor: Maggie Astor, “Elizabeth Warren Opens a New Front in Disability Policy,” New York Times, January 10, 2020, https://www.nytimes.com/2020/01/10/us/politics/elizabeth-warren-disability-plan.html. a disabled father: David M. Perry, “My Coronavirus Prep Includes Protecting My Disabled Child,” Washington Post, March 4, 2020, https://www.washingtonpost.com/outlook/2020/03/04/coronavirus-prep-disabled-children/. when I saw a tweet from right-wing provocateur Ryan Saavedra: Ryan Saavedra, Twitter, September, 6, 2019, https://twitter.com/RealSaavedra/status/1170082834377105410. “I hope @KamalaHarris enjoys losing the disability vote”: Julia Bascom, Twitter, September, 7, 2019, https://twitter.com/JustStimming/status/1170392597178789889.

Public policy has also begun to move in favor of parent advocates like Lutz and Solotaroff. In 2017, CMS under the Trump administration gave states until 2022 to show they are complying with the new rule when they were initially meant to comply in 2019. In 2020, CMS again extended the compliance deadline until March 17, 2023, amid the coronavirus pandemic. Then in 2019, CMS released new guidance on the settings rule. While it kept the rule in place, it changed the criteria—which it claimed it streamlined—for settings that isolate and removed the list of specific settings that isolate. Most notably, it also said, “Settings located in rural areas are not automatically presumed to have qualities of an institution, and more specifically, are not considered by CMS as automatically isolating to HCBS beneficiaries.”


How to Work Without Losing Your Mind by Cate Sevilla

Big Tech, BIPOC, Black Lives Matter, coronavirus, COVID-19, data science, Desert Island Discs, Donald Trump, emotional labour, gender pay gap, Girl Boss, global pandemic, Google Hangouts, imposter syndrome, job satisfaction, lockdown, microaggression, period drama, Phoebe Waller-Bridge, remote working, Sheryl Sandberg, side project, Skype, tech bro, TED Talk, women in the workforce, work culture

But it would be naive and, quite frankly, silly of us to give a celebratory Mary Tyler Moore beret-toss when we know that, actually, things are still unequal. We shouldn’t exactly be grateful that we’re no longer only relegated to secretary or assistant positions, or thrilled that we’re even ‘allowed’ to be at work. In fact, during the coronavirus pandemic, it became alarmingly clear that women are indeed the backbone of our economy and what keeps our societies functioning. The New York Times reported in April 2020 that while normally men make up the majority of the American workforce, during the pandemic when everything was stripped back to the bare necessities – one in three jobs held by a woman was designated as essential.6 From nurses and pharmacy technicians to supermarket cashiers, the New York Times wrote that this ‘unseen labor force’ whose work is often ‘underpaid and undervalued’ is actually what ‘keeps the country running and takes care of those most in need, whether or not there is a pandemic’.

What I’m trying to say is that none of that is authentic – it’s performative and even reductive. Because at the heart of the troubles many of us have with ‘adulting’ is a real, generational issue. It’s not laziness, sensitivity or a deficiency – it’s a symptom of a wider cultural problem. Our culture of burnout and over-productivity was laid bare as the coronavirus pandemic progressed. ‘We’re not working from home in a pandemic,’ we were told by different people in various ways, ‘You’re at home, in a pandemic, trying to work.’ Instead of hustling, the popular thing to do was to encourage others to look after themselves, to remind us all that self-care mattered more than ever, and that rest was important too.

The complicated etiquette of virtual meetings and video calls Whether it’s Zoom or Google Meetup, Skype or Microsoft Teams – taking part in a video call or ‘virtual meeting’ is more complicated than you might expect. If you work at a tech company or an international firm with remote workers, you were probably already very familiar with video meetings before coronavirus happened. However, the pandemic saw more of us using these apps for virtual meetings than ever before, and it became quite clear that the etiquette of how they should run was as fuzzy as the resolution of your colleagues’ webcams. To clear a few things up, here are some best practices: Have a dedicated moderator For meetings with more than two people, whoever is owning the meeting needs to set up the call, and everyone on it.


pages: 265 words: 93,354

Please Don't Sit on My Bed in Your Outside Clothes: Essays by Phoebe Robinson

Affordable Care Act / Obamacare, Airbnb, An Inconvenient Truth, anti-bias training, Black Lives Matter, butterfly effect, coronavirus, COVID-19, David Attenborough, defund the police, desegregation, different worldview, disinformation, Donald Trump, Downton Abbey, emotional labour, financial independence, gentrification, George Floyd, gig economy, global pandemic, green new deal, Greta Thunberg, hiring and firing, imposter syndrome, independent contractor, Intergovernmental Panel on Climate Change (IPCC), Joan Didion, Lyft, mass incarceration, microaggression, off-the-grid, Phoebe Waller-Bridge, Ralph Waldo Emerson, rolodex, Rosa Parks, Sheryl Sandberg, social distancing, Social Justice Warrior, Steve Bannon, Steve Jobs, TED Talk, too big to fail, uber lyft, unpaid internship, W. E. B. Du Bois

“God bless Frito-Lay and 2020,” I say to myself as I pop open a fresh bag of Cheetos. The. End. Not bad, eh, dear reader? In all seriousness, while not everyone had a speech prepared, many of us did anticipate that 2020 was going to kick off the decade in spectacular or at least better fashion, which helps explain why the coronavirus felt like such a deeply personal attack. These are 100 percent valid reactions to the new world we’re navigating. We have the right to feel duped. To lose faith and question whether we should’ve had it in the first place. For many, those fun butterflies in our stomachs have been replaced by, well, sheer panic, and that overwhelming sense of losing control—be it of our jobs, our daily routines, our finances, our health, or simply how we can spend our time—was paralyzing.

Not that we ever had that much control in the first place, but we told ourselves what we had to in order to function, as the alternative—nihilism—seemed too dark a path to walk. So we devised plans. Set goals. Did all the things one does when constructing a life, like loving, hoping, fighting, hustling, thinking about tomorrow, etc. We were vulnerable in the face of the unknowable, and that was hard enough in our pre-coronavirus normal. Starting over and being vulnerable in a world that is nothing like what you had constructed for yourself was scary, frustrating, and heartbreaking. Beginning again can feel like yet another tiny death of who you are and what you knew. And the older I get, it seems that adulthood is nothing but those tiny little deaths.

.* That way, I can look back and remember that people put themselves on the line so I could be here. That my parents lovingly teased me over FaceTime so I’d laugh. That I played a bootleg version of “Lean on Me” for my boyfriend when he had a down day on a cheap keyboard I purchased. That despite the tiny and not-so-tiny deaths that the coronavirus brought, there were also all those little sparks of joy, those small, happy moments that helped make my life, my life. Same with those sad times. So, dear reader, my hope is this: that when you look back on 2020, if you need to punch, yell, kick, scream for the dreams deferred and the lives lost, do it.


Four Battlegrounds by Paul Scharre

2021 United States Capitol attack, 3D printing, active measures, activist lawyer, AI winter, AlphaGo, amateurs talk tactics, professionals talk logistics, artificial general intelligence, ASML, augmented reality, Automated Insights, autonomous vehicles, barriers to entry, Berlin Wall, Big Tech, bitcoin, Black Lives Matter, Boeing 737 MAX, Boris Johnson, Brexit referendum, business continuity plan, business process, carbon footprint, chief data officer, Citizen Lab, clean water, cloud computing, commoditize, computer vision, coronavirus, COVID-19, crisis actor, crowdsourcing, DALL-E, data is not the new oil, data is the new oil, data science, deep learning, deepfake, DeepMind, Demis Hassabis, Deng Xiaoping, digital map, digital rights, disinformation, Donald Trump, drone strike, dual-use technology, Elon Musk, en.wikipedia.org, endowment effect, fake news, Francis Fukuyama: the end of history, future of journalism, future of work, game design, general purpose technology, Geoffrey Hinton, geopolitical risk, George Floyd, global supply chain, GPT-3, Great Leap Forward, hive mind, hustle culture, ImageNet competition, immigration reform, income per capita, interchangeable parts, Internet Archive, Internet of things, iterative process, Jeff Bezos, job automation, Kevin Kelly, Kevin Roose, large language model, lockdown, Mark Zuckerberg, military-industrial complex, move fast and break things, Nate Silver, natural language processing, new economy, Nick Bostrom, one-China policy, Open Library, OpenAI, PalmPilot, Parler "social media", pattern recognition, phenotype, post-truth, purchasing power parity, QAnon, QR code, race to the bottom, RAND corporation, recommendation engine, reshoring, ride hailing / ride sharing, robotic process automation, Rodney Brooks, Rubik’s Cube, self-driving car, Shoshana Zuboff, side project, Silicon Valley, slashdot, smart cities, smart meter, Snapchat, social software, sorting algorithm, South China Sea, sparse data, speech recognition, Steve Bannon, Steven Levy, Stuxnet, supply-chain attack, surveillance capitalism, systems thinking, tech worker, techlash, telemarketer, The Brussels Effect, The Signal and the Noise by Nate Silver, TikTok, trade route, TSMC

El primer paso podría ser usar las tapabocas y callarse,” Twitter, March 18, 2020, https://twitter.com/Emb_ChinaVen/status/1240367619200495616. 75China’s manufacture of life-saving drugs: Bo, “Why the US and Europe Need to Draw Closer to China and Drop the Hubris.” 75“into the mighty sea of coronavirus”: “理直气壮,世界应该感谢中国 [Justly and forcefully, the world should thank China],” Xinhua, March 4, 2020, http://www.xinhuanet.com/2020-03/04/c_1125660473.htm; Christian Whiton, “China Threatens to Throw America ‘Into the Mighty Sea of the Coronavirus,’” National Interest, March 8, 2020, https://nationalinterest.org/feature/china-threatens-throw-america-mighty-sea-coronavirus-130877. 75China’s mishandling of the outbreak: Bengali and Su, “‘Put on a mask and shut up.’” 75the U.S. Army might have started the outbreak: Lijian Zhao 赵立坚 (zlj517), “2/2 CDC was caught on the spot.

When Australia called for an independent inquiry into the origins of the virus, China responded by restricting imports of Australian products into China. When Venezuelan officials referred to the “Chinese coronavirus,” the Chinese embassy launched an angry Twitter thread concluding with the demand that China’s critics “put on a mask and shut up.” U.S.-China relations, already strained, deteriorated even further. Chinese officials didn’t hesitate to flex their leverage over the United States due to China’s manufacture of life-saving drugs. Chinese state-run media threatened to cut off drug exports and plunge the United States “into the mighty sea of coronavirus.” China’s “Wolf Warrior” diplomats, named after a popular Chinese action movie series, went even further, pushing conspiracy theories to deflect blame from China’s mishandling of the outbreak.

Jackson, Global Economic Effects of COVID-19 (Congressional Research Service, updated July 9, 2021), https://fas.org/sgp/crs/row/R46270.pdf. 74dictators who fall from power: For example, Romanian President Nicolae Ceaușescu and his wife were executed by firing squad after a perfunctory show trial in December 1989. 74“China’s Chernobyl”: Shawn Yuan, “Inside the Early Days of China’s Coronavirus Cover-Up,” Wired, May 1, 2020, https://www.wired.com/story/inside-the-early-days-of-chinas-coronavirus-coverup/. 75the West is “falling apart”: Zhou Bo, “Why the US and Europe Need to Draw Closer to China and Drop the Hubris,” South China Morning Post, April 24, 2020, https://www.scmp.com/comment/opinion/article/3081079/why-us-and-europe-need-draw-closer-china-and-drop-hubris. 75coercive diplomacy to pressure countries: Shahank Bengali and Alice Su, “‘Put on a mask and shut up’: China’s new ‘Wolf Warriors’ spread hoaxes and attack a world of critics,” Los Angeles Times, May 4, 2020, https://www.latimes.com/world-nation/story/2020-05-04/wolf-warrior-diplomats-defend-china-handling-coronavirus; Fergus Hanson, Emilia Currey, and Tracy Beattie, The Chinese Communist Party’s Coercive Diplomacy (Australian Strategic Policy Institute, September 1, 2020), https://www.aspi.org.au/report/chinese-communist-partys-coercive-diplomacy; Jamil Anderlini, “China Is Escalating Its Punishment Diplomacy,” Financial Times, September 22, 2020, https://www.ft.com/content/e76a835b-27d5-4750-9749-04921d6bf1eb. 75requests that receiving governments praise China: Alexandra Ma, “China Is Attempting to Win Political Points from the Coronavirus With ‘Mask Diplomacy’—but It Mostly Isn’t Working,” Business Insider, April 18, 2020, https://www.businessinsider.com/analysis-china-coronavirus-political-points-mostly-not-working-2020-4. 75China’s “global disinformation campaign”: Michael Peel and Tom Mitchell, “China Warned EU 3 Times over Virus Propaganda Report,” Financial Times, April 26, 2020, https://www.ft.com/content/a2f66f6a-50cb-46fe-a160-3854e4702f1c; Matt Apuzzo, “Top E.U.


pages: 286 words: 87,168

Less Is More: How Degrowth Will Save the World by Jason Hickel

air freight, Airbnb, Anthropocene, basic income, Bernie Sanders, Big bang: deregulation of the City of London, biodiversity loss, Boris Johnson, Bretton Woods, British Empire, capital controls, circular economy, cognitive dissonance, coronavirus, corporate governance, corporate personhood, cotton gin, COVID-19, David Graeber, decarbonisation, declining real wages, degrowth, deindustrialization, dematerialisation, disinformation, Elon Musk, energy transition, Extinction Rebellion, extractivism, Fairphone, Fellow of the Royal Society, flying shuttle, Fractional reserve banking, Francis Fukuyama: the end of history, full employment, gender pay gap, green new deal, Greta Thunberg, income inequality, Intergovernmental Panel on Climate Change (IPCC), invention of the steam engine, James Watt: steam engine, Jeff Bezos, Jevons paradox, John Maynard Keynes: Economic Possibilities for our Grandchildren, land reform, liberal capitalism, lockdown, longitudinal study, low interest rates, Mahatma Gandhi, Mark Zuckerberg, McMansion, means of production, meta-analysis, microbiome, Money creation, moral hazard, mortgage debt, Murray Bookchin, Naomi Klein, negative emissions, new economy, ocean acidification, offshore financial centre, oil shale / tar sands, opioid epidemic / opioid crisis, out of africa, passive income, planetary scale, planned obsolescence, plutocrats, Post-Keynesian economics, quantitative easing, rent control, rent-seeking, retail therapy, Ronald Reagan, Rupert Read, Scramble for Africa, secular stagnation, shareholder value, sharing economy, Simon Kuznets, structural adjustment programs, the scientific method, The Spirit Level, transatlantic slave trade, trickle-down economics, universal basic income

But then we have to figure out just how we change everything to create a better society that works for people and planet. XR is a recognition of emergency. We have learned a lot about emergencies over the past year, with the rise of the coronavirus pandemic. The pandemic joined us in a mass of shared vulnerability, and we had to move quickly and make difficult decisions in order to protect humanity – to protect life. The fact that most countries managed to do this is a fairly hopeful sign. It shows what we can achieve when we take a crisis seriously. Coronavirus is being taken pretty seriously precisely because of its having fallen most heavily first upon the global North. The wake-up call it embodies needs so badly to be heard, because the slower climate emergency is simultaneous with it – and it poses a disproportionate threat to the global South, where it is already inflicting mass suffering.

And we must be aware that some governments will respond with worsening environmental racism and hidden agendas of eco-fascism. These are agendas to pit various groups against each other (and also against diverse forms of Life). They require solidarity in response. If the coronavirus is teaching us something about solidarity in action, then that is a real hope in this dangerous hour. Less is More offers incisive new ideas for what lies on the other side of the coronavirus emergency. Ideas for how we can prevent the ruin of our climate, roll back the ongoing sixth mass extinction, and avert societal collapse. It gives us a glimpse of how we can build something better out of the wreckage of what is.

It gives us a glimpse of how we can build something better out of the wreckage of what is. Jason Hickel offers a raft of intersecting, overlapping and mutually reinforcing ideas from history, economics, anthropology, philosophy, science, and more. This is the kind of broad thinking that’s required to achieve the rapid transition we need. The coronavirus crisis made it evident that if governments are determined enough and driven enough by circumstances — and by the will of their peoples — then they can do things that they have been calling impossible for years: a citizens’ income, debt cancellation, wealth taxes, nationalisations where necessary, you name it.


pages: 574 words: 148,233

Sandy Hook: An American Tragedy and the Battle for Truth by Elizabeth Williamson

"World Economic Forum" Davos, 2021 United States Capitol attack, 4chan, Affordable Care Act / Obamacare, Airbnb, anti-communist, anti-globalists, Asperger Syndrome, Big Tech, Black Lives Matter, Cambridge Analytica, citizen journalism, Columbine, Comet Ping Pong, coronavirus, COVID-19, crisis actor, critical race theory, crowdsourcing, dark triade / dark tetrad, deplatforming, disinformation, Donald Trump, Dr. Strangelove, estate planning, fake news, false flag, Ferguson, Missouri, fulfillment center, illegal immigration, index card, Internet Archive, Jon Ronson, Jones Act, Kevin Roose, Mark Zuckerberg, medical malpractice, messenger bag, multilevel marketing, obamacare, Oklahoma City bombing, Parler "social media", post-truth, QAnon, Robert Mercer, Russian election interference, Saturday Night Live, Sheryl Sandberg, Silicon Valley, source of truth, Steve Bannon, Susan Wojcicki, TED Talk, TikTok, Timothy McVeigh, traveling salesman, Twitter Arab Spring, We are Anonymous. We are Legion, WikiLeaks, work culture , Works Progress Administration, yellow journalism

QAnon, some of whose adherents see Trump as an avenging hero in a child-trafficking scheme led by Democratic politicians and Hollywood liberals, first appeared on 4chan around 2017, grew steadily, then surged during the coronavirus pandemic. In 2020, Times technology columnist Kevin Roose described lurking[12] in QAnon Facebook groups and watching them “swell to hundreds of thousands of members,” spreading misinformation about the coronavirus along with the claim that Hillary Clinton and liberals drink the blood of children. The FBI began the 2020 election cycle by warning that QAnon posed a potential domestic terror threat.

“Then it was like five articles a day,” appearing in the media about the phenomenon, he told me. “Then you get to 2016, and it’s between fifty and one hundred a day.” Even as president, Trump inspired conspiracy-minded distrust of the government he led. His handling of the coronavirus pandemic provided just one example. Every day for months, he minimized the coronavirus pandemic, promoted quack cures, and politicized the government’s response, until its every aspect drew skepticism and partisan resistance. As deaths mounted, he used his online platform to blame the machinations of an imagined “Deep State” for the leadership failures that led voters to reject him for a second term.

Welch had just been released, and Alefantis thought he was still living in North Carolina. “I don’t think he’s coming back to Washington,” Alefantis told me in a tone suggesting he hoped he was right. We sat in the parking lot behind Comet, which Alefantis and his staff had transformed during the coronavirus pandemic into an outdoor dining area, with a bar and firepit, picnic tables for families, and an arbor space for quieter groups. Alefantis told me he had chosen not to live his life in fear. But at one point during our conversation, two men sat down nearby and Alefantis, eyeing them, asked that we move out of earshot.


pages: 387 words: 123,237

This Land: The Struggle for the Left by Owen Jones

Berlin Wall, Bernie Sanders, Black Lives Matter, Boris Johnson, Boycotts of Israel, Brexit referendum, call centre, capitalist realism, collapse of Lehman Brothers, Corn Laws, coronavirus, COVID-19, deindustrialization, Dominic Cummings, Donald Trump, European colonialism, falling living standards, first-past-the-post, Francis Fukuyama: the end of history, George Floyd, gig economy, green new deal, housing crisis, Jeremy Corbyn, lockdown, market fundamentalism, Naomi Klein, Neil Kinnock, Nelson Mandela, offshore financial centre, open borders, quantitative easing, race to the bottom, rent control, short selling, The Spirit Level, War on Poverty

Unemployment was projected to hit low-paid workers hardest,4 and food bank use jumped 326 per cent.5 While those on poverty wages had little choice but to risk their health and indeed their lives, middle-class professionals could work safely from home; some even enjoyed increases in their savings as outgoings on pre-coronavirus leisure activities – restaurants, theatres, holidays – stopped. According to the Office for National Statistics, by June 2020 coronavirus had killed 1 in every 1,701 people in England’s least deprived areas; in the most deprived areas, that figure was 1 in 779.6 That the Conservative government responded to the pandemic with the greatest expansion of the state in peacetime history, including paying the wages of millions of workers and securing the incomes of self-employed people, proves one thing: the state can intervene on a colossal scale for the social good, if the will is there.

Turns out, there was after all. The fact is, however, that this change of direction is an unnatural one for a Conservative Party in thrall to vested interests which prioritize economic considerations over human lives. In most respects, its approach to the coronavirus has been catastrophic, leading to the avoidable deaths of tens of thousands. On 5 March 2020, as the first British death from coronavirus was reported, Boris Johnson publicly declared that government advice was ‘wash your hands and business as usual’. A decade of Conservative austerity meant there was not enough personal protective equipment to ensure the safety of frontline workers; lockdown was delayed in pursuit of a hideous policy of ‘herd immunity’; social care was left chronically underfunded and underprepared; testing capacity was not invested in.

It nurtured a new ecosystem of think tanks, economists and intellectuals who are seriously engaged in debating what a new world could look like, brimming with ideas such as the four-day working week, a Green Industrial Revolution, and the democratization of the workplace and the economy. Just over three months after the 2019 election, British society was shut down in response to the coronavirus pandemic. ‘Boris must embrace socialism immediately to save the liberal free market,’ boomed the Telegraph, as the age of coronavirus dawned. Undoubtedly, the Conservative government had no choice but to enact the most dramatic expansion of the state in peacetime, which included paying the wages of half the country’s workforce. Yet this move was designed to preserve the existing failed model of capitalism, not to lay the foundations of a better alternative.


pages: 413 words: 115,274

Paved Paradise: How Parking Explains the World by Henry Grabar

A Pattern Language, Adam Neumann (WeWork), Airbnb, Albert Einstein, autonomous vehicles, availability heuristic, big-box store, bike sharing, Blue Bottle Coffee, car-free, congestion pricing, coronavirus, COVID-19, digital map, Donald Shoup, edge city, Ferguson, Missouri, Ford Model T, Frank Gehry, General Motors Futurama, gentrification, Google Earth, income inequality, indoor plumbing, Jane Jacobs, Lewis Mumford, Lyft, mandatory minimum, market clearing, megastructure, New Urbanism, parking minimums, power law, remote working, rent control, restrictive zoning, ride hailing / ride sharing, Ronald Reagan, Seaside, Florida, side hustle, Sidewalk Labs, Silicon Valley, SimCity, social distancing, Stop de Kindermoord, streetcar suburb, text mining, the built environment, The Death and Life of Great American Cities, TikTok, traffic fines, Uber and Lyft, uber lyft, upwardly mobile, urban planning, urban renewal, urban sprawl, Victor Gruen, walkable city, WeWork, white flight, Yogi Berra, young professional

Gabbe and Gregory Pierce, “Hidden Costs and Deadweight Losses: Bundled Parking and Residential Rents in the Metropolitan United States,” Housing Policy Debate 27, no. 2 (2017): 217–29, doi.org/10.1080/10511482.2016.1205647. Go to note reference in text “Low-income people tend”: Liam Dillon, Ben Poston, and Julia Barajas, “Affordable Housing Can Cost $1 Million in California. Coronavirus Could Make It Worse,” Los Angeles Times, April 9, 2020, latimes.com/homeless-housing/story/2020-04-09/california-low-income-housing-expensive-apartment-coronavirus. Go to note reference in text “Hispanic people typically drop”: Karl Schwing, “San Diego Coast District Deputy Director’s Report for September 2017,” California Coastal Commission, September 6, 2017, documents.coastal.ca.gov/reports/2017/9/w12/w12-9-2017-report.pdf.

Go to note reference in text he told reporters who asked: Dan Blake, “Daley Takes Blame for Meters,” Chicago Tribune, May 20, 2009. Go to note reference in text Chicago’s downtown resurgence: Adie Tomer and Lara Fishbane, “Big City Downtowns Are Booming, but Can Their Momentum Outlast the Coronavirus?,” Brookings Institution, May 6, 2020, brookings.edu/research/big-city-downtowns-are-booming-but-can-their-momentum-outlast-the-coronavirus. Go to note reference in text “exiles from Jerusalem”: Nathan Carter, interview with the author, July 28, 2020. Go to note reference in text “let me count the ways”: Nathan Carter, interview with the author, September 22, 2020.

Though her office was just outside San Diego in Lemon Grove, Ginger lived with her family in Temecula, seventy miles north. There’s an inverse correlation between real estate prices and summer temperatures. On a blistering July day, the temperature rises ten degrees from Solana Beach to Lemon Grove, and another ten degrees in Temecula. Before the 2020 coronavirus pandemic, more than half of workers in Temecula spent more than thirty minutes a day getting to work. Some days, Ginger was part of a burgeoning class of California “supercommuters,” who spend more than three hours a day commuting. (More than 7 percent of the workforce in her county was in this category, more than three times the rate in San Diego County.)


pages: 314 words: 88,524

American Marxism by Mark R. Levin

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", 2021 United States Capitol attack, affirmative action, American ideology, belling the cat, Bernie Sanders, Big Tech, BIPOC, Black Lives Matter, British Empire, carbon tax, centre right, clean water, collective bargaining, colonial exploitation, conceptual framework, coronavirus, COVID-19, creative destruction, critical race theory, crony capitalism, data science, defund the police, degrowth, deindustrialization, deplatforming, disinformation, Donald Trump, energy security, Food sovereignty, George Floyd, green new deal, Herbert Marcuse, high-speed rail, illegal immigration, income inequality, liberal capitalism, lockdown, Mark Zuckerberg, means of production, Michael Shellenberger, microaggression, New Journalism, open borders, Parler "social media", planned obsolescence, rolling blackouts, Ronald Reagan, school choice, school vouchers, single-payer health, tech billionaire, the market place, urban sprawl, yellow journalism

But then it is also the case that significant change-oriented movements are not likely to emerge except during periods of economic and social instability.”53 If this seems familiar, it is. This strategy has also largely played out in America’s streets and politics, as Antifa, BLM, and other Marxist-anarchist groups exploited both the initial economic collapse due to the coronavirus and the death of George Floyd. These groups and others have been key in fomenting violent rioting mostly but not exclusively in the inner cities, militant confrontations with law enforcement, the destruction of public monuments and targeting of a federal courthouse and the White House, occupying parts of cities, and assaulting and threatening citizens at restaurants and other public places.

Only now they will employ more expansive rhetoric, acknowledging grievances among their constituents that are ordinarily ignored or naming and thus perhaps fueling the aspirations that are only beginning to emerge. Even the threat of defections that jeopardize a majority can prompt electoral leaders to make the pronouncements that contribute to the climate of change and possibility that nourish movements.”61 Indeed, the coronavirus pandemic and the shutting down of our economy, schools, and social activities, and the collective economic and psychological effects on our society, created an environment ripe for exploitation. And that exploitation has occurred both in the halls of power, with far-reaching legislative and executive actions, and in the streets, where organized violence is becoming all too common.

Moreover, since the institution of the federal income tax over a century ago, at the birth of American progressivism, redistribution of wealth through the heavy taxation of labor, income, and wealth, supported by Marxist-like class-warfare political propaganda, is a central objective of the Democratic Party. Unfortunately, it resonates today with a significant portion of the population. Indeed, under the guise of the coronavirus pandemic, the Democratic Party has widely expanded the scope and reach of the welfare state, not only doling out trillions of dollars to shore up its political and ideological base, but also ensnaring an ever-larger pool of individuals to government subsidies and transfer payments. The educational transformation has led, in many ways, to the societal transformation intended by the early progressive intellectuals.


pages: 326 words: 106,053

The Wisdom of Crowds by James Surowiecki

Alan Greenspan, AltaVista, Andrei Shleifer, Apollo 13, asset allocation, behavioural economics, Cass Sunstein, classic study, congestion pricing, coronavirus, Daniel Kahneman / Amos Tversky, experimental economics, Frederick Winslow Taylor, George Akerlof, Great Leap Forward, Gregor Mendel, Howard Rheingold, I think there is a world market for maybe five computers, interchangeable parts, Jeff Bezos, John Bogle, John Meriwether, Joseph Schumpeter, knowledge economy, lone genius, Long Term Capital Management, market bubble, market clearing, market design, Monkeys Reject Unequal Pay, moral hazard, Myron Scholes, new economy, offshore financial centre, Picturephone, prediction markets, profit maximization, Richard Feynman, Richard Feynman: Challenger O-ring, Richard Thaler, Robert Shiller, Ronald Coase, Ronald Reagan, seminal paper, shareholder value, short selling, Silicon Valley, South Sea Bubble, tacit knowledge, The Nature of the Firm, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Toyota Production System, transaction costs, ultimatum game, vertical integration, world market for maybe five computers, Yogi Berra, zero-sum game

What’s intriguing about science from the perspective of collective problem solving is that it is the community as a whole that bestows the recognition, which is to say that it’s the community as a whole that decides whether or not a scientific hypothesis is true and whether it’s original. This doesn’t mean that scientific truth is in the eye of the beholder. The coronavirus caused SARS before the WHO announced that the coronavirus caused SARS. But in scientific terms, the coronavirus only became the cause of SARS once other scientists had scrutinized the work of the labs and accepted it as proving what they said it proved. Academic labs and corporate research labs across the world are now busy working on possible tests and vaccines for SARS, all predicated on the idea that the SARS virus is a coronavirus. They are doing so only because the scientific community has reached—in an indirect way—a consensus on the issue.

That same day, scientists at the Centers for Disease Control in the United States separately isolated a virus that, under the electron microscope, looked like what’s called a coronavirus. This was something of a surprise. Coronaviruses make animals very sick, but in humans their effects tend to be rather mild. But over the next week, labs in the network detected the coronavirus in a wide variety of samples from people who had been diagnosed with SARS. Labs in Germany, the Netherlands, and Hong Kong began sequencing the virus. In early April, monkeys in the Netherlands laboratory who had been infected with the coronavirus came down with full-blown cases of SARS. By April 16, a mere month after their collaboration had begun, the labs were confident enough to announce that the coronavirus did, in fact, cause SARS.

By April 16, a mere month after their collaboration had begun, the labs were confident enough to announce that the coronavirus did, in fact, cause SARS. The discovery of the SARS virus was, by any measure, a remarkable feat. And when we’re faced with a remarkable feat, our natural inclination is to ask: Who did it? Who actually discovered the cause of SARS? But the truth is, that’s an impossible question to answer. We know the name of the person who first spotted the coronavirus. She was an electron microscopist named Cynthia Goldsmith, who worked in the Centers for Disease Control and Prevention lab in Atlanta. But you can’t say she discovered what caused SARS, since it took weeks of work by labs all over the world to prove that the coronavirus actually made people sick.


pages: 309 words: 81,243

The Authoritarian Moment: How the Left Weaponized America's Institutions Against Dissent by Ben Shapiro

2021 United States Capitol attack, active measures, affirmative action, Affordable Care Act / Obamacare, Alan Greenspan, Amazon Web Services, Bernie Sanders, Big Tech, Black Lives Matter, coronavirus, COVID-19, critical race theory, crowdsourcing, defund the police, delayed gratification, deplatforming, disinformation, don't be evil, Donald Trump, fake news, Ferguson, Missouri, future of work, gender pay gap, George Floyd, global pandemic, green new deal, Greta Thunberg, Herbert Marcuse, hiring and firing, illegal immigration, income inequality, Intergovernmental Panel on Climate Change (IPCC), It's morning again in America, Jon Ronson, Kevin Roose, lockdown, Mark Zuckerberg, mass incarceration, microaggression, mutually assured destruction, New Journalism, obamacare, Overton Window, Parler "social media", Robert Bork, Ronald Reagan, Saturday Night Live, Silicon Valley, Snapchat, social distancing, Social Justice Warrior, Steven Pinker, Susan Wojcicki, tech bro, the scientific method, TikTok, Tim Cook: Apple, War on Poverty, yellow journalism

Julia Marcus, epidemiologist at Harvard Medical School, and Gregg Gonsalves, epidemiologist at Yale School of Public Health, penned an article at The Atlantic claiming, “Public-health experts are weighing these same risks at a population level, and many have come to the conclusion that the health implications of maintaining the status quo of white supremacy are too great to ignore, even with the potential for an increase in coronavirus transmission from the protests.”10 The University of California, San Francisco, hospital gave doctors of color a day off after Floyd’s death; many of those doctors joined protests. One, Dr. Maura Jones, explained, “I would argue that, yeah I’m a doctor and I encourage you to social distance and I care about coronavirus and I know that it’s a real threat, but racism is, to me to my family, the bigger threat right now and it has been for hundreds of years.”

Vincent Barone, “NYC Black Lives Matter marches can continue despite large-event ban, de Blasio says,” NYPost.com, July 9, 2020, https://nypost.com/2020/07/09/nyc-allows-black-lives-matter-marches-despite-ban-on-large-events/. 9. Rachel Weiner, “Political and health leaders’ embrace of Floyd protests fuels debate over coronavirus restrictions,” WashingtonPost.com, June 11, 2020, https://www.washingtonpost.com/health/political-and-health-leaders-embrace-of-floyd-protests-fuels-debate-over-coronavirus-restrictions/2020/06/11/9c60bca6-a761-11ea-bb20-ebf0921f3bbd_story.html. 10. Julia Marcus and Gregg Gonsalves, “Public-Health Experts Are Not Hypocrites,” TheAtlantic.com, June 11, 2020, https://www.theatlantic.com/ideas/archive/2020/06/public-health-experts-are-not-hypocrites/612853/. 11.

Isaac Scher, “NYC’s contact tracers have been told not to ask people if they’ve attended a protest,” BusinessInsider.com, June 15, 2020, https://www.businessinsider.com/nyc-contact-tracers-not-asking-people-attend-george-floyd-protest-2020-6. 15. “COVID-19 Hospitalization and Death by Age,” CDC.gov, August 18, 2020, https://www.cdc.gov/coronavirus/2019-ncov/covid-data/investigations-discovery/hospitalization-death-by-age.html. 16. Yascha Mounk, “Why I’m Losing Trust in the Institutions,” Persuasion.community, December 23, 2020, https://www.persuasion.community/p/why-im-losing-trust-in-the-institutions. 17. Abby Goodnough and Jan Hoffman, “The Elderly vs. Essential Workers: Who Should Get the Coronavirus Vaccine First?,” NYTimes.com, December 5, 2020, https://www.nytimes.com/2020/12/05/health/covid-vaccine-first.html. 18.


pages: 306 words: 82,909

A Hacker's Mind: How the Powerful Bend Society's Rules, and How to Bend Them Back by Bruce Schneier

4chan, Airbnb, airport security, algorithmic trading, Alignment Problem, AlphaGo, Automated Insights, banking crisis, Big Tech, bitcoin, blockchain, Boeing 737 MAX, Brian Krebs, Capital in the Twenty-First Century by Thomas Piketty, cloud computing, computerized trading, coronavirus, corporate personhood, COVID-19, cryptocurrency, dark pattern, deepfake, defense in depth, disinformation, Donald Trump, Double Irish / Dutch Sandwich, driverless car, Edward Thorp, Elon Musk, fake news, financial innovation, Financial Instability Hypothesis, first-past-the-post, Flash crash, full employment, gig economy, global pandemic, Goodhart's law, GPT-3, Greensill Capital, high net worth, Hyman Minsky, income inequality, independent contractor, index fund, information security, intangible asset, Internet of things, Isaac Newton, Jeff Bezos, job automation, late capitalism, lockdown, Lyft, Mark Zuckerberg, money market fund, moral hazard, move fast and break things, Nate Silver, offshore financial centre, OpenAI, payday loans, Peter Thiel, precautionary principle, Ralph Nader, recommendation engine, ride hailing / ride sharing, self-driving car, sentiment analysis, Skype, smart cities, SoftBank, supply chain finance, supply-chain attack, surveillance capitalism, systems thinking, TaskRabbit, technological determinism, TED Talk, The Wealth of Nations by Adam Smith, theory of mind, TikTok, too big to fail, Turing test, Uber and Lyft, uber lyft, ubercab, UNCLOS, union organizing, web application, WeWork, When a measure becomes a target, WikiLeaks, zero day

article=1321&context=mslj. 146over 6,000 lobbyists: Taylor Lincoln (1 Dec 2017), “Swamped: More than half the members of Washington’s lobbying corps have plunged into the tax debate,” Public Citizen, https://www.citizen.org/wp-content/uploads/migration/swamped-tax-lobbying-report.pdf. 146gift for Teach For America: Valerie Strauss (16 Oct 2013), “The debt deal’s gift to Teach For America (yes, TFA),” Washington Post, https://www.washingtonpost.com/news/answer-sheet/wp/2013/10/16/the-debt-deals-gift-to-teach-for-america-yes-tfa. 147how real estate investors could offset: Jesse Drucker (26 Mar 2020), “Bonanza for rich real estate investors, tucked into stimulus package,” New York Times, https://www.nytimes.com/2020/03/26/business/coronavirus-real-estate-investors-stimulus.html. Nicholas Kristof (23 May 2020), “Crumbs for the hungry but windfalls for the rich,” New York Times, https://www.nytimes.com/2020/05/23/opinion/sunday/coronavirus-economic-response.html. 147Republican staffers added the provision: Akela Lacy (19 Apr 2020), “Senate Finance Committee Democrats tried to strike millionaire tax break from coronavirus stimulus—then failed to warn others about it,” Intercept, https://theintercept.com/2020/04/19/coronavirus-cares-act-millionaire-tax-break. 147This kind of thing is so common: GOP congressional aide Billy Pitts said in 2017: “What got snuck into there?

The rise and fall of a massive industry based on missed call,” Rest of World, https://restofworld.org/2021/the-rise-and-fall-of-missed-calls-in-india/. 27Homeschooling during the: Tribune Web Desk (14 May 2020), “Students find ‘creative’ hacks to get out of their Zoom classes, video goes viral,” Tribune of India, https://www.tribuneindia.com/news/lifestyle/students-find-creative-hacks-to-get-out-of-their-zoom-classes-video-goes-viral-84706. 27one-star reviews: Anthony Cuthbertson (9 Mar 2020), “Coronavirus: Quarantined school children in China spam homework app with 1-star reviews to get it off app store,” Independent, https://www.independent.co.uk/life-style/gadgets-and-tech/news/coronavirus-quarantine-children-china-homework-app-dingtalk-a9387741.html. 27Recall Gödel: Kimberly D. Krawiec and Scott Baker (2006), “Incomplete contracts in a complete contract world,” Florida State University Law Review 33, https://scholarship.law.duke.edu/faculty_scholarship/2038. 27systems of trust: Bruce Schneier (2012), Liars and Outliers: Enabling the Trust that Society Needs to Thrive, John Wiley & Sons. 28complexity is the worst enemy of security: Bruce Schneier (19 Nov 1999), “A plea for simplicity: You can’t secure what you don’t understand,” Information Security, https://www.schneier.com/essays/archives/1999/11/a_plea_for_simplicit.html. 6.

AOC lashed out after lawmakers got only hours to read and pass the huge 5,593-page bill to secure COVID-19 relief,” Business Insider, https://www.businessinsider.com/aoc-angry-representatives-2-hours-read-covid-19-stimulus-bill-2020-12. 149The measure contained $110 billion: Yeganeh Torbati (22 Dec 2020), “Tucked into Congress’s massive stimulus bill: Tens of billions in special-interest tax giveaways,” Washington Post, https://www.washingtonpost.com/business/2020/12/22/congress-tax-breaks-stimulus. 149Many lawmakers were unaware: Akela Lacy (19 Apr 2020), “Senate Finance Committee Democrats tried to strike millionaire tax break from coronavirus stimulus—then failed to warn others about it,” Intercept, https://theintercept.com/2020/04/19/coronavirus-cares-act-millionaire-tax-break. 36. MUST-PASS LEGISLATION 151the logic behind single-subject laws: US Congress (10 Apr 2019; latest action 20 May 2019), H.R. 2240: One Subject at a Time Act, 116th Congress, https://www.congress.gov/bill/116th-congress/house-bill/2240. 151Minnesota’s constitution: State of Minnesota (13 Oct 1857; revised 5 Nov 1974), Constitution of the State of Minnesota, Article IV: Legislative Department, https://www.revisor.mn.gov/constitution/#article_4. 152an older Pennsylvania Supreme Court case: Richard Briffault (2019), “The single-subject rule: A state constitutional dilemma,” Albany Law Review 82, https://scholarship.law.columbia.edu/cgi/viewcontent.cgi?


pages: 741 words: 164,057

Editing Humanity: The CRISPR Revolution and the New Era of Genome Editing by Kevin Davies

23andMe, Airbnb, Anne Wojcicki, Apple's 1984 Super Bowl advert, Asilomar, bioinformatics, California gold rush, clean water, coronavirus, COVID-19, CRISPR, crowdsourcing, discovery of DNA, disinformation, Doomsday Clock, double helix, Downton Abbey, Drosophila, Edward Jenner, Elon Musk, epigenetics, fake news, Gregor Mendel, Hacker News, high-speed rail, hype cycle, imposter syndrome, Isaac Newton, John von Neumann, Kickstarter, life extension, Mark Zuckerberg, microbiome, Mikhail Gorbachev, mouse model, Neil Armstrong, New Journalism, ocean acidification, off-the-grid, personalized medicine, Peter Thiel, phenotype, QWERTY keyboard, radical life extension, RAND corporation, Recombinant DNA, rolodex, scientific mainstream, Scientific racism, seminal paper, Shenzhen was a fishing village, side project, Silicon Valley, Silicon Valley billionaire, Skype, social distancing, stem cell, Stephen Hawking, Steve Jobs, Steven Pinker, Stewart Brand, synthetic biology, TED Talk, the long tail, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, traumatic brain injury, warehouse automation

“First rounders: Feng Zhang,” Nature Biotechnology, podcast audio, October 1, 2018, https://www.nature.com/articles/nbt0918-784. 13. J. Achenbach and L. McGinley, “FDA gives emergency authorization for CRISPR-based diagnostic tool for coronavirus,” Washington Post, May 7, 2020, https://www.washingtonpost.com/health/fda-gives-emergency-authorization-for-crispr-based-diagnostic-tool-for-coronavirus/2020/05/07/f98029bc-9082-11ea-a9c0-73b93422d691_story.html. 14. Carl Zimmer, “With Crispr, a Possible Quick Test for the Coronavirus,” New York Times, May 5, 2020, https://www.nytimes.com/2020/05/05/health/crispr-coronavirus-covid-test.html. 15. Darrell Etherington, “Pinterest CEO and a team of leading scientists launch a self-reporting COVID-19 tracking app,” TechCrunch, April 2, 2020, https://techcrunch.com/2020/04/02/pinterest-ceo-and-a-team-of-leading-scientists-launch-a-self-reporting-covid-19-tracking-app/. 16.

Schreiber even attached superhero names to his group, including Batman (Ben Cravatt) and Wonder Woman (Akiko Iwasaki). Iron Man is part of a different superhero universe, so Liu is Cyborg—half man, half machine, genius intellect. Alas, humans don’t have their own version of CRISPR superpower to cut down the coronavirus—but perhaps one day they could receive it. At Stanford, Stanley Qi leads an effort to deploy CRISPR-Cas13 in a method called PAC-MAN, designing CRISPR guide RNAs to seek out and destroy coronavirus RNA sequences.18 After all, why wouldn’t the most popular, versatile tool in the biotechnology arsenal be used to vanquish the virus? The irony of this emergency call to arms was not lost on Doudna, Zhang, or any of their colleagues.

Meanwhile, two of Zhang’s protégés, Omar Abudayyeh and Jonathan Gootenberg, joined Zhang, Pardis Sabeti, and the cofounders of Sherlock Biosciences; you don’t need to be a pipe-smoking detective to know what their system is called.VI Here’s an example: let’s say we want to program Cas12 to detect the SARS-CoV-2 virus responsible for the COVID-19 pandemic. A series of guide RNAs are designed to recognize certain sequences that have been amplified from the coronavirus genome. But once Cas12 recognizes that sequence, a new enzymatic property is switched on, such that it will cut (and keep cutting) any single-stranded DNA molecules in the vicinity. By adding reporter molecules that light up when cut, the presence of even trace amounts of the virus can be detected using a simple color assay on a paper strip.23 Similarly, the Cas13 family can be used to detect infections such as flu, dengue, and Zika, and of course COVID-19.24 Once activated, Cas13 exhibits what Zhang calls “collateral RNase activity”—it keeps cutting RNA.


pages: 816 words: 191,889

The Long Game: China's Grand Strategy to Displace American Order by Rush Doshi

"World Economic Forum" Davos, American ideology, anti-communist, Asian financial crisis, autonomous vehicles, Black Lives Matter, Bretton Woods, capital controls, coronavirus, COVID-19, crony capitalism, cross-border payments, cryptocurrency, defense in depth, deindustrialization, Deng Xiaoping, deplatforming, disinformation, Dissolution of the Soviet Union, Donald Trump, drone strike, energy security, European colonialism, eurozone crisis, financial innovation, George Floyd, global pandemic, global reserve currency, global supply chain, global value chain, Great Leap Forward, high-speed rail, Internet Archive, Internet of things, Kickstarter, kremlinology, Malacca Straits, middle-income trap, Mikhail Gorbachev, MITM: man-in-the-middle, Monroe Doctrine, Network effects, Nixon triggered the end of the Bretton Woods system, offshore financial centre, positional goods, post-truth, purchasing power parity, RAND corporation, reserve currency, rolodex, Ronald Reagan, South China Sea, special drawing rights, special economic zone, TikTok, trade liberalization, transaction costs, UNCLOS, UNCLOS, undersea cable, zero-sum game

,” in Chinese Politics as Fragmented Authoritarianism (New York: Routledge, 2017), 38–55. 55Suisheng Zhao, “China’s Foreign Policy Making Process: Players and Institutions,” in China and the World, ed. David Shambaugh (Oxford: Oxford University Press, 2020), 94. 56Li Yuan, “Coronavirus Crisis Shows China’s Governance Failure,” New York Times, February 4, 2020, https://www.nytimes.com/2020/02/04/business/china-coronavirus-government.html?action=click&module=Top%20Stories&pgtype=Homepage. 57Quoted in Jerry F. Hough and Merle Fainsod, How the Soviet Union Is Governed (Cambridge, MA: Harvard University Press, 1979), 19. 58See Shambaugh, China’s Communist Party, 141–43. 59Yun Sun, “Chinese Public Opinion: Shaping China’s Foreign Policy, or Shaped by It?

From China’s perspective—which is highly sensitive to changes in its perceptions of American power and threat—these two events were shocking. Beijing believed that the world’s most powerful democracies were withdrawing from the international order they had helped erect abroad and were struggling to govern themselves at home. The West’s subsequent response to the coronavirus pandemic in 2020, and then the storming of the US Capitol by extremists in 2021, reinforced a sense that “time and momentum are on our side,” as Xi Jinping put it shortly after those events.3 China’s leadership and foreign policy elite declared that a “period of historical opportunity” [历史机遇期] had emerged to expand the country’s strategic focus from Asia to the wider globe and its governance systems.

China’s second strategy of displacement (2008–2016) sought to build the foundation for regional hegemony in Asia, and it was launched after the Global Financial Crisis led Beijing to see US power as diminished and emboldened it to take a more confident approach. Now, with the invocation of “great changes unseen in a century” following Brexit, President Trump’s election, and the coronavirus pandemic, China is launching a third strategy of displacement, one that expands its blunting and building efforts worldwide to displace the United States as the global leader. In its final chapters, this book uses insights about China’s strategy to formulate an asymmetric US grand strategy in response—one that takes a page from China’s own book—and would seek to contest China’s regional and global ambitions without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.


pages: 599 words: 98,564

The Mutant Project: Inside the Global Race to Genetically Modify Humans by Eben Kirksey

23andMe, Abraham Maslow, Affordable Care Act / Obamacare, Albert Einstein, Bernie Sanders, bioinformatics, bitcoin, Black Lives Matter, blockchain, Buckminster Fuller, clean water, coronavirus, COVID-19, CRISPR, cryptocurrency, data acquisition, deep learning, Deng Xiaoping, Donald Trump, double helix, epigenetics, Ethereum, ethereum blockchain, experimental subject, fake news, gentrification, George Floyd, Jeff Bezos, lockdown, Mark Zuckerberg, megacity, microdosing, moral panic, move fast and break things, personalized medicine, phenotype, placebo effect, randomized controlled trial, Recombinant DNA, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Silicon Valley billionaire, Skype, special economic zone, statistical model, stem cell, surveillance capitalism, tech billionaire, technological determinism, upwardly mobile, urban planning, young professional

On Facebook, some people joked about CRISPR rescuing us from the coronavirus pandemic. One friend made a post on my wall about ACE2, the receptor that the virus uses to get into cells. “We just need to get rid of ACE2 receptors!!!” she wrote. “Why didn’t they tell us this before!? Life saver! I’ll go cut mine off now!” During the pandemic, the American public watched as the latest scientific knowledge and technological devices failed to protect them. A vaccine or a cure was nowhere in sight. Even so, some journalists tried to hold on to high-tech dreams. Wired magazine breathlessly reported results from an unpublished coronavirus experiment under a dramatic headline: “Could CRISPR Be Humanity’s Next Virus Killer?”

See also Southern University of Science and Technology Children’s Hospital of Philadelphia (CHOP) China Dream policy “China Dream” speech (Xi) China National GeneBank Chinese Exclusion Act Church, George (geneticist) Clapper, James (Director of National Intelligence, 2010–2017) Clinton, Bill (president of the United States, 1993–2001) Cohen, Jon (journalist) Cold Spring Harbor Laboratory conflicts of interest CRISPR scientists and death of Jesse Gelsinger and He, Jiankui, and Penn Medicine and coronavirus pandemic cosmetic surgery COVID-19. See coronavirus pandemic Crick, Francis (geneticist) DNA research of Nobel Prize awarded to crip (crippled) Crips in Space supercrips See also ableism; disability CRISPR approval of first clinical trial (June 2016) CRISPR-Cas9 discovery of “editing” metaphor and ethics and first edited babies (Lulu and Nana, October 2018) first edited human embryo (April 2015) function of how-to guide human reproduction and limited effectiveness in adults military uses of mutations and off-target genetic damage power of price of profit-driven experiments unpredictability of See also Charpentier, Emmanuelle; Church, George; Doudna, Jennifer; He, Jiankui; Huang, Junjiu; ICSI; in vitro fertilization CRISPR Sperm Bank (artwork) CRISPR Therapeutics cryptocurrency “Cyborg Manifesto” (Haraway) cystic fibrosis Daisy, Mike (storyteller) Daley, George (molecular biologist) Darnovsky, Marcy (policy advocate) Darwin, Charles (biologist) Davis, Machiavelli (biohacker) Deem, Michael (physicist and bioengineer) co-author of Nature manuscript CRISPR experiment involvement mentor to Jiankui He not charged with crime Defense Advanced Research Projects Agency (DARPA) Deng, Xiaoping (paramount leader, People’s Republic of China, 1982–1987) Derrida, Jacques (philosopher) de Vries, Hugo (biologist) Dialectic of Sex, The (Firestone) Dikötter, Frank (historian) Direct Genomics (Jiankui He start-up) disability abortion and enhancement and euthanasia and X-Men and See also ableism; crip; Down Syndrome disability rights Disability Visibility Project Discourse of Race in Modern China, The (Dikötter) diversity biodiversity CRISPR and disability and genetic testing and human neurodiversity science and sexual DNA building block of life databases GenBank history of discovery as a language mutations to police use of Recombinant DNA Advisory Committee (RAC) See also genes; gene therapy; genetic testing; sequencing genes DNA Dreams (documentary) Doctorow, Cory (science fiction author) Dolezal, Rachel (former NAACP chapter president) double-stranded break (in DNA), described.

Some achieved concrete results. Jay Johnson started working in the medical profession in the early 1980s when early reports of a “gay men’s disease” first started to emerge. Officially the illness was called GRID, or “gay-related immune deficiency,” and nobody knew how it was transmitted, like in the early days of coronavirus. “Colleagues who I respected refused to take care of these people—they were afraid,” Jay Johnson said. “There were only a handful of us who would take care of them. It was really bad times.” When Jay Johnson’s best friend was diagnosed with HIV/AIDS in 1990, the medical community was still struggling to develop effective treatments.


pages: 231 words: 71,299

Culture Warlords: My Journey Into the Dark Web of White Supremacy by Talia Lavin

4chan, Bellingcat, Black Lives Matter, coronavirus, COVID-19, dark triade / dark tetrad, deplatforming, disinformation, Donald Trump, end-to-end encryption, epigenetics, fake news, feminist movement, Ferguson, Missouri, game design, information security, Kevin Roose, lockdown, mass immigration, Minecraft, move fast and break things, Overton Window, phenotype, Scientific racism, Silicon Valley, Snapchat, Social Justice Warrior, Steve Bannon, Susan Wojcicki, The Turner Diaries, Timothy McVeigh, zero-sum game, éminence grise

Perhaps most chillingly, white supremacists embraced the social chaos created by the economic collapse and fear caused by the novel coronavirus in 2020, reveling among themselves about its implications as a precursor to their beloved “Boogaloo.” On March 24, 2020, thirty-six-year-old Timothy Wilson was shot dead in a conflict with the FBI in Kansas City, Missouri. He had been under investigation as a domestic terrorist for months, and had been planning to bomb a building in the Kansas City area to gain attention for his white-supremacist views. Amid the terror surrounding the novel coronavirus, the FBI said, he decided to take advantage of “the increased impact given the media attention on the health sector” and planned to set off a car bomb at a hospital.

The most popular name for it is “the Boogaloo,” a reference to a widely panned 1984 sequel to a breakdancing movie, Breakin’ 2: Electric Boogaloo, only the sequel in question here is to the Civil War. In the late spring of 2020, the term Boogaloo experienced an explosion of popularity, as a series of far-right protests against coronavirus quarantine and lockdown orders by state governments spread across the United States. The protesters were a loose coalition of heavily armed white nationalists, antivaccine activists, conspiracy theorists, and members of the antigovernment militia movement. As the watchdog group the Tech Transparency Project reported, a large network of Facebook pages dedicated to the Boogaloo—and variants like “big luau,” “boog,” and “big igloo,” designed to evade moderators—shared extremist content, including a report on how to disrupt US government supply lines and assassinate government officials.

After years of measures to torment migrants—such as the administration’s “Remain in Mexico” policy, which stranded tens of thousands of asylum seekers in squalid and dangerous refugee camps on the Mexican side of the US border—and slash legal immigration, Miller quietly took advantage of the uncertainty and fear of the coronavirus pandemic of 2020 to enact the most ambitious anti-immigration actions of the Trump administration. While the justification for new anti-immigrant policies was putatively economic, Miller helped to ensconce in federal policy the long-held white-supremacist belief that immigrants bring disease. On April 22, 2020, Trump signed a Miller-engineered executive order barring new green cards from being issued.


AI 2041 by Kai-Fu Lee, Chen Qiufan

3D printing, Abraham Maslow, active measures, airport security, Albert Einstein, AlphaGo, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, augmented reality, autonomous vehicles, basic income, bitcoin, blockchain, blue-collar work, Cambridge Analytica, carbon footprint, Charles Babbage, computer vision, contact tracing, coronavirus, corporate governance, corporate social responsibility, COVID-19, CRISPR, cryptocurrency, DALL-E, data science, deep learning, deepfake, DeepMind, delayed gratification, dematerialisation, digital map, digital rights, digital twin, Elon Musk, fake news, fault tolerance, future of work, Future Shock, game design, general purpose technology, global pandemic, Google Glasses, Google X / Alphabet X, GPT-3, happiness index / gross national happiness, hedonic treadmill, hiring and firing, Hyperloop, information security, Internet of things, iterative process, job automation, language acquisition, low earth orbit, Lyft, Maslow's hierarchy, mass immigration, mirror neurons, money: store of value / unit of account / medium of exchange, mutually assured destruction, natural language processing, Neil Armstrong, Nelson Mandela, OpenAI, optical character recognition, pattern recognition, plutocrats, post scarcity, profit motive, QR code, quantitative easing, Richard Feynman, ride hailing / ride sharing, robotic process automation, Satoshi Nakamoto, self-driving car, seminal paper, Silicon Valley, smart cities, smart contracts, smart transportation, Snapchat, social distancing, speech recognition, Stephen Hawking, synthetic biology, telemarketer, Tesla Model S, The future is already here, trolley problem, Turing test, uber lyft, universal basic income, warehouse automation, warehouse robotics, zero-sum game

Meanwhile, the air filtration system was humming at full force, its nano super filter intercepting impurities, from large-size dust particles to the coronavirus, with its diameter of just 0.06 to 0.14 microns. Chen Nan walked from the bedroom into her bathroom, carelessly reaching for her toothbrush. The mirror in her bathroom displayed indoor air quality alongside live COVID-19 case updates of various major cities around the globe, the lines of numbers and words unfolding, rolling, and refolding in correspondence to the trajectory of her gaze, so that the display wouldn’t affect her wash-up routine. Since its first arrival in the human population, in 2019, the coronavirus had evolved into a seasonal outbreak.

As a child, he, too, had witnessed family and friends die one by one due to the government’s ineffectiveness in containing the coronavirus. The Brazilian medical system had collapsed under the overwhelming number of infected patients, anxiety looming over the people like an ominous cloud. Chen Nan and Garcia both belonged to the “COVID Gen,” hundreds of millions of people whose youth had been so affected by COVID-19 that it shaped the course of their lives, both physically and psychologically. For Chen Nan, however, the effects of the trauma had grown more debilitating as she grew older. In his effort to dispel her fears over meeting up, Garcia tried to convince Chen Nan that the coronavirus was not as dangerous as she thought.

Aside from complicated office politics and the alarming amount of ineffective communication, the major reason she had quit was a moderate COVID outbreak. An investor, a die-hard fan of raw seafood, had been infected by a new Arctic-born mutation of the coronavirus while shopping at a market in Scandinavia. He displayed no symptoms the first month upon his arrival back home in China. During that time, he visited a dozen start-up companies, including the one Chen Nan worked for, spreading the virus to nearly a hundred others. After the investor became symptomatic, the local coronavirus control and prevention office immediately classified the case as a new variant superspreader event and sent out a nationwide alert.


pages: 278 words: 91,332

Carmageddon: How Cars Make Life Worse and What to Do About It by Daniel Knowles

active transport: walking or cycling, autonomous vehicles, Bandra-Worli Sea Link, bank run, big-box store, bike sharing, Boeing 747, Boris Johnson, business cycle, car-free, carbon footprint, congestion charging, congestion pricing, coronavirus, COVID-19, Crossrail, decarbonisation, deindustrialization, Detroit bankruptcy, Donald Shoup, Donald Trump, driverless car, Elaine Herzberg, Elon Musk, first-past-the-post, Ford Model T, Frank Gehry, garden city movement, General Motors Futurama, gentrification, ghettoisation, high-speed rail, housing crisis, Hyperloop, Induced demand, James Watt: steam engine, Jane Jacobs, Jeremy Corbyn, Jevons paradox, Lewis Mumford, lockdown, Lyft, megacity, megastructure, New Urbanism, Northern Rock, parking minimums, Piers Corbyn, Richard Florida, ride hailing / ride sharing, safety bicycle, self-driving car, Silicon Valley, Southern State Parkway, Steve Jobs, TED Talk, Tesla Model S, The Death and Life of Great American Cities, the High Line, Traffic in Towns by Colin Buchanan, Uber and Lyft, uber lyft, upwardly mobile, urban planning, urban renewal, walkable city, white flight, white picket fence, Yom Kippur War, young professional

Most die as “a result of increased mortality from stroke, heart disease, chronic obstructive pulmonary disease, lung cancer and acute respiratory infections.” Big numbers can be difficult to process, but for comparison, according to my employer, The Economist, which developed a tracker of “excess deaths,” roughly eighteen million people were probably killed worldwide in total by the coronavirus pandemic in 2020 and 2021. So outdoor air pollution kills half as many people each year as coronavirus did—year in and year out—and yet we shut down our economies to prevent COVID-19 from spreading, but with air pollution we often carry on as though it is normal—an acceptable risk. The reason is partly that the vast majority of deaths happen in the poorest countries.

In America auto firms were given a $25 billion loan. In Germany the government introduced a car scrappage scheme whereby car buyers were paid to buy new cars. France has given away billions to keep Renault manufacturing. In 2020 a whole new raft of state support was introduced to help car firms through the coronavirus recession. The French government alone gave €8 billion to its car industry to keep it going. Yet the problem is more fundamental than just cheap gasoline and direct subsidies for the car industry. If people did not need cars in their daily lives, it would not matter how cheap gasoline was or how many car factories were propped up with government subsidies.

From 2010 to 2018, the number of people using bikes daily to get around Paris, including in the suburbs, increased by 30 percent. In the past twenty years, the proportion of Parisian households (in the city proper) who own a car has fallen from 60 percent to 35 percent. Air pollution, which peaked in 2016, has been gradually falling. And since the start of the coronavirus pandemic, the transformation has accelerated dramatically. When the city shut down in March 2020, Hidalgo quickly realized that with public transport off limits for safety reasons, the city needed to make sure that Parisians did not all get back into their cars. Pretty much overnight, it installed 60 kilometers of new bicycle lanes, quickly nicknamed coronapistes by locals.


pages: 286 words: 92,521

How Medicine Works and When It Doesn't: Learning Who to Trust to Get and Stay Healthy by F. Perry Wilson

Affordable Care Act / Obamacare, barriers to entry, Barry Marshall: ulcers, cognitive bias, Comet Ping Pong, confounding variable, coronavirus, correlation does not imply causation, COVID-19, data science, Donald Trump, fake news, Helicobacter pylori, Ignaz Semmelweis: hand washing, Louis Pasteur, medical malpractice, meta-analysis, multilevel marketing, opioid epidemic / opioid crisis, p-value, personalized medicine, profit motive, randomized controlled trial, risk tolerance, selection bias, statistical model, stem cell, sugar pill, the scientific method, Thomas Bayes

We believe that there are cures for every disease (even if many are undiscovered), but we also know that those discoveries come at a cost—that long string of failures. Cures don’t happen out of the blue. The Cure May Exist, but Not Where You Think If there was a true turning point in the coronavirus pandemic, it was December 14, 2020, when Sandra Lindsay became the first person in the United States to receive a coronavirus vaccine outside of a clinical trial. The success of the coronavirus vaccines was beyond what any of us dared to hope for. In fact, in October 2020, I wrote a piece for Vox preemptively arguing that a vaccine with 50 percent efficacy would be an incredible achievement and could turn the tide of the pandemic (if people would actually take it).

If you feel that unrestricted gun purchasing poses a public health threat and encourages more violence, you are likely to interpret the link between gun ownership and homicide as strong evidence that guns cause people to hurt others. Same fact, different interpretation. That is motivated reasoning. Motivated reasoning about medical topics is nothing new, but in the summer of 2021, the death toll associated with it began to rise significantly. Motivated Reasoning and Vaccine Hesitancy The coronavirus pandemic had raged throughout 2020, keeping my hospital full and my colleagues and me in a near-constant panic around our own safety and that of our families. But by December 2020, the first vaccines received emergency use authorization by the FDA. I likened it, in a live CNN segment, to J. R. R.

If another loved one was admitted today and you asked the doctor when the aggressive fluid resuscitation would begin, they would tell you, “Well, it won’t.” This feels fickle. Examples abound of well-informed doctors changing their tunes. In the 1980s, if you asked a doctor how to lose weight, they would tell you to avoid eating fat. Today, they would be much more likely to tell you to avoid eating carbs. During the coronavirus pandemic, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, was pilloried in the right-wing media for his changeable stance on mask wearing. Early in the pandemic, when hand-to-hand transmission was thought to be the main infection route, Fauci had argued that masks were not helpful.


pages: 223 words: 60,936

Remote Work Revolution: Succeeding From Anywhere by Tsedal Neeley

Airbnb, Boycotts of Israel, call centre, cloud computing, coronavirus, COVID-19, cryptocurrency, discrete time, Donald Trump, future of work, global pandemic, iterative process, job satisfaction, knowledge worker, Lean Startup, lockdown, mass immigration, natural language processing, remote work: asynchronous communication, remote working, Silicon Valley, social distancing

A kind of litmus test for competent framing of the situation was apparent in the varying responses leaders adopted in late 2019 and early 2020, when the world first became aware of the existence and threat of a novel coronavirus spreading rapidly across national borders. Consider, first, how the leadership in New Orleans, Louisiana, framed the situation. In the month or so leading up to the annual Mardi Gras festival, which attracts more than a million people from all over the world, the U.S. government issued a report that the novel coronavirus detected in China was a low threat to the American public. The mayor, along with the city’s top health official and the carnival planners, took the report at face value.

The future is in remote work. None of these trends or predictions, however, accounted for a global pandemic that would require the wholesale migration of nearly entire companies to remote work in a matter of weeks. The remote work revolution, long in coming, was accelerated by the sudden and severe coronavirus outbreak. Chances are you are part of the massive transition that has forced companies to rapidly advance their digital footprint including cloud, storage, cybersecurity, and device and tool usages to accommodate their new virtual workforce. These changes have opened up a whole new scope of untold opportunities for people and organizations across the globe.

These key features of the agile process seem to make it incompatible with distributed teams or people working remotely. However, as you will see later in the chapter, agile processes have been scaled to globally distributed teams with great success, and have also thrived in a remote format—even for collocated agile teams suddenly ordered to stay at home as the coronavirus raged. Remote teams and managers can take heart—if a methodology that’s so intensely dependent on daily, collocated meetings can be transformed to remote success, then anything can. BEYOND SOFTWARE The Agile Manifesto originated in software development, but since then its methods have become appealing in a world where product cycles are shorter and shorter, and information becomes more and more plentiful.


pages: 371 words: 107,141

You've Been Played: How Corporations, Governments, and Schools Use Games to Control Us All by Adrian Hon

"hyperreality Baudrillard"~20 OR "Baudrillard hyperreality", 4chan, Adam Curtis, Adrian Hon, Airbnb, Amazon Mechanical Turk, Amazon Web Services, Astronomia nova, augmented reality, barriers to entry, Bellingcat, Big Tech, bitcoin, bread and circuses, British Empire, buy and hold, call centre, computer vision, conceptual framework, contact tracing, coronavirus, corporate governance, COVID-19, crowdsourcing, cryptocurrency, David Graeber, David Sedaris, deep learning, delayed gratification, democratizing finance, deplatforming, disinformation, disintermediation, Dogecoin, electronic logging device, Elon Musk, en.wikipedia.org, Ethereum, fake news, fiat currency, Filter Bubble, Frederick Winslow Taylor, fulfillment center, Galaxy Zoo, game design, gamification, George Floyd, gig economy, GitHub removed activity streaks, Google Glasses, Hacker News, Hans Moravec, Ian Bogost, independent contractor, index fund, informal economy, Jeff Bezos, job automation, jobs below the API, Johannes Kepler, Kevin Kelly, Kevin Roose, Kickstarter, Kiva Systems, knowledge worker, Lewis Mumford, lifelogging, linked data, lockdown, longitudinal study, loss aversion, LuLaRoe, Lyft, Marshall McLuhan, megaproject, meme stock, meta-analysis, Minecraft, moral panic, multilevel marketing, non-fungible token, Ocado, Oculus Rift, One Laptop per Child (OLPC), orbital mechanics / astrodynamics, Parler "social media", passive income, payment for order flow, prisoner's dilemma, QAnon, QR code, quantitative trading / quantitative finance, r/findbostonbombers, replication crisis, ride hailing / ride sharing, Robinhood: mobile stock trading app, Ronald Coase, Rubik’s Cube, Salesforce, Satoshi Nakamoto, scientific management, shareholder value, sharing economy, short selling, short squeeze, Silicon Valley, SimCity, Skinner box, spinning jenny, Stanford marshmallow experiment, Steve Jobs, Stewart Brand, TED Talk, The Nature of the Firm, the scientific method, TikTok, Tragedy of the Commons, transaction costs, Twitter Arab Spring, Tyler Cowen, Uber and Lyft, uber lyft, urban planning, warehouse robotics, Whole Earth Catalog, why are manhole covers round?, workplace surveillance

CHAPTER SEVEN: “I’VE DONE MY RESEARCH” 1. Elizabeth Weise, “Internet Provided Way to Pay Bills, Spread Message Before Suicide,” Seattle Times, March 28, 1997, https://archive.seattletimes.com/archive/?date=19970328&slug=2531080. 2. Rebecca Heilweil, “How the 5G Coronavirus Conspiracy Theory Went from Fringe to Mainstream,” Recode, Vox, Vox Media, April 24, 2020, www.vox.com/recode/2020/4/24/21231085/coronavirus-5g-conspiracy-theory-covid-facebook-youtube; Marianna Spring, “Wayfair: The False Conspiracy About a Furniture Firm and Child Trafficking,” BBC News, July 15, 2020, www.bbc.com/news/world-53416247. 3. KiMi Robinson (@kimirobin), “I’ve seen no fewer than 6 Phoenix-area Instagram influencers post about the Wayfair conspiracy theory so far.

Cahal Milmo, “Revealed: How British Empire’s Dirty Secrets Went up in Smoke in the Colonies,” Independent, November 29, 2013, www.independent.co.uk/news/uk/home-news/revealed-how-british-empire-s-dirty-secrets-went-smoke-colnies-8971217.html; Jonathan Levinson, Conrad Wilson, James Doubek, and Suzanne Nuyen, “Federal Officers Use Unmarked Vehicles to Grab People in Portland, DHS Confirms,” Oregon Public Broadcasting, National Public Radio, July 17, 2020, www.npr.org/2020/07/17/892277592/federal-officers-use-unmarked-vehicles-to-grab-protesters-in-portland. 54. Sarah Boseley, “Statistics Watchdog: Ministers Still Misleading Public on Coronavirus Tests,” Guardian, June 2, 2020, www.theguardian.com/world/2020/jun/02/statistics-watchdog-ministers-still-misleading-public-on-coronavirus-tests; Rick Rouan, “Fact Check: Missing Context in Claim About Emails, Fauci’s Position on Masks,” USA Today, June 3, 2021, www.usatoday.com/story/news/factcheck/2021/06/03/fact-check-missing-context-claim-mask-emails-fauci/7531267002. 55.

“The HK19 Manual—Part 1: The Roles,” accessed November 28, 2021, https://docs.google.com/document/d/1ZrIiXypVUvPIRs9JG8AsU55FkLsz81pqZstKQcbsAHc/edit#. 10. u/Franky_95, “OFFICIAL: The Prime Minister confirmed in a press conference that ALL Italy is on quarantine, not only the region of Lombardy.” r/Coronavirus, Reddit, March 9, 2020, www.reddit.com/r/Coronavirus/comments/fg1gcp/official_the_prime_minister_confirmed_in_a_press/fk1w0q5/?context=1. 11. “Statement on the Removal of Plague Inc. from the China App Store and Steam,” Ndemic Creations, February 26, 2020, www.ndemiccreations.com/en/news/173-statement-on-the-removal-of-plague-inc-from-the-china-app-store; “Plague Inc.


pages: 400 words: 121,988

Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets by Donald MacKenzie

algorithmic trading, automated trading system, banking crisis, barriers to entry, bitcoin, blockchain, Bonfire of the Vanities, Bretton Woods, Cambridge Analytica, centralized clearinghouse, Claude Shannon: information theory, coronavirus, COVID-19, cryptocurrency, disintermediation, diversification, en.wikipedia.org, Ethereum, ethereum blockchain, family office, financial intermediation, fixed income, Flash crash, Google Earth, Hacker Ethic, Hibernia Atlantic: Project Express, interest rate derivative, interest rate swap, inventory management, Jim Simons, level 1 cache, light touch regulation, linked data, lockdown, low earth orbit, machine readable, market design, market microstructure, Martin Wolf, proprietary trading, Renaissance Technologies, Satoshi Nakamoto, Small Order Execution System, Spread Networks laid a new fibre optics cable between New York and Chicago, statistical arbitrage, statistical model, Steven Levy, The Great Moderation, transaction costs, UUNET, zero-sum game

Wall Street Journal, March 25. Available at https://wsj.com/articles/thinning-liquidity-in-key-futures-market-worries-traders-11553515200, accessed December 24, 2019. ________. 2020. “Post-Flash Crash Fixes Bolstered Markets during Coronavirus Selloff.” Wall Street Journal, May 5. Available at https://www.wsj.com/articles/post-flash-crash-fixes-bolstered-markets-during-coronavirus-selloff-11588671000, accessed May 5, 2020. Pagliari, Stefano, and Kevin Young. 2016. “The Interest Ecology of Financial Regulation: Interest Group Plurality in the Design of Financial Regulatory Policies.” Socio-Economic Review 14/2: 309–337.

The market-data-processing firm Exegy continuously measures the numbers of messages flowing through its equipment in NY4; at the time of writing, the peak recorded on its system was a burst equivalent to 105.3 million messages per second, at 2:39 p.m. on July 19, 2018.11 The core systems of automated trading can keep working with little direct human intervention. That became evident in March 2020, as lockdowns belatedly began in Western countries and it finally became clear to their financial markets just how serious the coronavirus epidemic was. Huge amounts of turbulent trading took place, and crucial markets were badly disrupted, including the market for the traditionally safest of safe assets, Treasurys, which as already noted are the sovereign debt securities of the United States. In April, the prices of oil futures even briefly became negative, as a result of the combination of reduced demand for oil and difficulties in storing it.

I was also taken on tours of trading floors, including the two that still had genuinely significant roles: the main trading room of the New York Stock Exchange, which is important during the NYSE’s daily opening and closing auctions, and the section of the trading floor of the Chicago Board Options Exchange which trades options on the Standard & Poor’s 500 share-price index. (Face-to-face trading had, of course, to be suspended as the coronavirus epidemic peaked, and at the time of writing, in June 2020, it has restarted only partially.) I’m not an economist, and this book does not try to answer the questions that economists have traditionally asked about HFT, such as whether it increases market liquidity or volatility; see the appendix on the literature on HFT.


pages: 172 words: 50,777

The Nowhere Office: Reinventing Work and the Workplace of the Future by Julia Hobsbawm

8-hour work day, Airbnb, augmented reality, Bertrand Russell: In Praise of Idleness, Black Lives Matter, blockchain, Cal Newport, call centre, Cass Sunstein, collective bargaining, coronavirus, corporate governance, corporate social responsibility, COVID-19, David Graeber, death from overwork, Diane Coyle, digital capitalism, digital nomad, driverless car, emotional labour, future of work, George Floyd, gig economy, glass ceiling, global pandemic, Google Hangouts, Greensill Capital, job satisfaction, karōshi / gwarosa / guolaosi, knowledge economy, knowledge worker, lockdown, Mark Zuckerberg, Martin Wolf, means of production, megacity, Neal Stephenson, Ocado, pensions crisis, remote working, San Francisco homelessness, Second Machine Age, shareholder value, Sheryl Sandberg, Silicon Valley, Skype, Snow Crash, social distancing, solopreneur, Steve Jobs, systems thinking, TED Talk, The Great Resignation, the long tail, the strength of weak ties, TikTok, Tim Cook: Apple, Upton Sinclair, WeWork, work culture

As the legendary American social historian Studs Terkel put it in his epic study Working: ‘Work is about a search for daily meaning as well as daily bread, for recognition as well as cash, for astonishment rather than torpor; in short, for a sort of life rather than a Monday through Friday sort of dying.’3 The world of work was already quite sick before the coronavirus took hold. According to the American Institute of Stress 83 per cent of American workers suffer from work-related illnesses. In South Korea the working week was reduced in 2018 because of ‘Gwarosa’ or ‘death from overwork’. The World Health Organisation (WHO) estimates that depression and anxiety alone cost the global economy $1 trillion every year.4 The pandemic lifted the lid on a desire to work differently, or less, or with more work–life balance.

One year into the global grip of Covid-19, Transport for London, which runs the city’s buses and tube trains, needed a £1.08 billion bailout;35 in New York the MTA, which runs the subway, was awarded $4 billion in the 2020 Covid stimulus bill. Although inevitably the numbers of passengers began to creep back up and down again following the up and down cycles of the coronavirus, commuting and business travel have become seen as largely expendable by many people. The biggest beneficiaries of the shift to placelessness are the true digital nomads, those who can up sticks and relocate anywhere there is broadband. Typically this means those without children or other caring responsibilities, i.e.

‘The Future of Jobs Report 2020’, World Economic Forum, 20 October 2020, https://www.weforum.org/reports/the-future-of-jobs-report-2020; see also McKinsey Global Institute, ‘The Future of Work After Covid-19’, 18 February 2021, https://www.mckinsey.com/featured-insights/future-of-work/the-future-of-work-after-covid-19; ‘More Than Half of Employees Globally Would Quit Their jobs if Not Provided Post-Pandemic Flexibility’, 21 May 2021, https://www.ey.com/en_ro/news/2021/05/ey-study--more-than-half-of-employees-globally-would-quit-their-; Department for Professional Employees, AFL-CIO, ‘The Professional and Technical Workforce: By the Numbers’, 2021 Fact Sheet, 27 September 2021, https://www.dpeaflcio.org/factsheets/the-professional-and-technical-workforce-by-the-numbers 5. See data from Office for National Statistics Coronavirus (Covid-19) Latest Insights: Work, https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/conditionsanddiseases/articles/coronaviruscovid19latestinsights/work; and the World Bank: Michael Weber and David Newhouse, ‘These Types of Workers Were Most Impacted by the Covid-19 Pandemic’, World Bank Blogs, 23 September 2021, https://blogs.worldbank.org/jobs/these-types-workers-were-most-impacted-covid-19-pandemic 6.


pages: 206 words: 68,757

Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman

airport security, Albert Einstein, Cal Newport, coronavirus, COVID-19, digital nomad, Douglas Hofstadter, fake news, Frederick Winslow Taylor, George Floyd, gig economy, Gödel, Escher, Bach, heat death of the universe, Inbox Zero, income inequality, invention of the steam engine, John Maynard Keynes: Economic Possibilities for our Grandchildren, Kanban, Lewis Mumford, lockdown, Mark Zuckerberg, Menlo Park, New Journalism, Parkinson's law, profit motive, scientific management, Sheryl Sandberg, side hustle, side project, Silicon Valley, Steve Jobs

It’s hard to imagine a crueler arrangement: not only are our four thousand weeks constantly running out, but the fewer of them we have left, the faster we seem to lose them. And if our relationship to our limited time has always been a difficult one, recent events have brought matters to a head. In 2020, in lockdown during the coronavirus pandemic, with our normal routines suspended, many people reported feeling that time was disintegrating completely, giving rise to the disorienting impression that their days were somehow simultaneously racing by and dragging on interminably. Time divided us, even more than it had before: for those with jobs and small children at home, there wasn’t enough of it; for those furloughed or unemployed, there was too much.

Whenever I’m feeling resentful about deadlines, or the toddler’s unpredictable sleep patterns, or other incursions upon my temporal sovereignty, I try to remember the cautionary tale of Mario Salcedo, a Cuban American financial consultant who almost certainly holds the record for the number of nights spent aboard cruise ships. There’s little question that Super Mario—as he’s known to the staff of Royal Caribbean Cruises, the firm to which he’s been loyal for most of his two decades, as a resident of the oceans, with the 2020 coronavirus pandemic the only major interruption—is in full control of his time. “I don’t have to take out the garbage, I don’t have to clean, I don’t have to do laundry—I’ve eliminated all those non-value-added activities, and just have all the time in the world to enjoy what I like to do,” he once told the filmmaker Lance Oppenheim, poolside on board the Enchantment of the Seas.

For the least privileged, the dominance of this kind of freedom translates into no freedom at all: it means unpredictable gig-economy jobs and “on-demand scheduling,” in which the big-box retailer you work for might call you into work at any moment, its labor needs calculated algorithmically from hour to hour based on sales volume—making it all but impossible to plan childcare or essential visits to the doctor, let alone a night out with friends. But even for those of us who genuinely do have much more personal control over when we work than previous generations ever did, the result is that work seeps through life like water, filling every cranny with more to-dos, a phenomenon that seemed to only intensify during the coronavirus lockdown. It starts to feel as though you, your spouse, and your closest friends have all been assigned to different color-coded Soviet work groups. The reason it’s so hard for my wife and me to find an hour in the week for a serious conversation, or for me and my three closest friends to meet for a beer, isn’t usually that we “don’t have the time,” in the strict sense of that phrase, though that’s what we may tell ourselves.


pages: 665 words: 159,350

Shape: The Hidden Geometry of Information, Biology, Strategy, Democracy, and Everything Else by Jordan Ellenberg

Albert Einstein, AlphaGo, Andrew Wiles, autonomous vehicles, British Empire, Brownian motion, Charles Babbage, Claude Shannon: information theory, computer age, coronavirus, COVID-19, deep learning, DeepMind, Donald Knuth, Donald Trump, double entry bookkeeping, East Village, Edmond Halley, Edward Jenner, Elliott wave, Erdős number, facts on the ground, Fellow of the Royal Society, Geoffrey Hinton, germ theory of disease, global pandemic, government statistician, GPT-3, greed is good, Henri Poincaré, index card, index fund, Isaac Newton, Johannes Kepler, John Conway, John Nash: game theory, John Snow's cholera map, Louis Bachelier, machine translation, Mercator projection, Mercator projection distort size, especially Greenland and Africa, Milgram experiment, multi-armed bandit, Nate Silver, OpenAI, Paul Erdős, pets.com, pez dispenser, probability theory / Blaise Pascal / Pierre de Fermat, Ralph Nelson Elliott, random walk, Rubik’s Cube, self-driving car, side hustle, Snapchat, social distancing, social graph, transcontinental railway, urban renewal

His answer: Robert Plot and Michael Burghers, The Natural History of Oxford-Shire: Being an Essay Towards the Natural History of England (Printed at the Theater in Oxford, 1677): 136–39. Biodiversoty Heritage Library, https://www.biodiversitylibrary.org/item/186210#page/11/mode/1up. “Coronavirus Models”: Zeynep Tufekci, “Don’t Believe the COVID-19 Models,” Atlantic, Apr. 2, 2020. https://www.theatlantic.com/technology/archive/2020/04/coronavirus-models-arent-supposed-be-right/609271. a photo of a protester: Photo by Jim Mone/Associated Press, http://journaltimes.com/news/national/photos-protesters-rally-against-coronavirus-restrictions-in-gatherings-across-us/collection_b0cd8847-b8f4-5fe0-b2c3-583fac7ec53a.html#48. There was an intellectual dustup: Yarden Katz, “Noam Chomsky on Where Artificial Intellgence Went Wrong,” Atlantic, Nov. 1, 2012, https://www.theatlantic.com/technology/archive/2012/11/noam-chomsky-on-where-artificial-intelligence-went-wrong/261637/, and the combative but very informative Peter Norvig, “On Chomsky and the Two Cultures of Statistical Learning,” available at http://norvig.com/chomsky.html.

The next thousand deaths happened in four days. On March 9, 2020, after the disease had already started to spread worldwide, one U.S. government official* aggressively downplayed the threat, comparing it with the thousands of Americans who succumb to flu each year: “At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!” A week later, twenty-two Americans were dying of COVID-19 every day. A week after that, it was almost ten times that many. The thing about geometric progressions is, there are good ones and there are bad ones. Suppose the carriers of a disease pass their little friend along to 0.8 people on average instead of 2.

If there are sixteen thousand soldiers, you have 3,200 groups; of those, 2,880 get cleared, leaving 320 groups consisting of 1,600 soldiers you have to go back and test one by one. So in all you ran the test 3,200 + 1,600 = 4,800 times, a big saving over testing 16,000 soldiers one by one! And you can do even better; Dorfman works out that with a 2% prevalence rate, the optimum group size is eight, which brings you down to about 4,400 tests. The relevance to coronavirus is clear: if we don’t have enough tests to test everyone one by one, maybe we can swab seven or eight people’s nostrils, put the specimens all in a single container, and test them all at once. Caveat: the Dorfman protocol for detecting syphilis was never actually used. Dorfman wasn’t even working for the army; he was at the Office of Price Control when he and his colleague David Rosenblatt hatched the idea of group testing for syphilis, the day after Rosenblatt reported for his own induction and had his Wasserman test.


pages: 305 words: 75,697

Cogs and Monsters: What Economics Is, and What It Should Be by Diane Coyle

3D printing, additive manufacturing, Airbnb, Al Roth, Alan Greenspan, algorithmic management, Amazon Web Services, autonomous vehicles, banking crisis, barriers to entry, behavioural economics, Big bang: deregulation of the City of London, biodiversity loss, bitcoin, Black Lives Matter, Boston Dynamics, Bretton Woods, Brexit referendum, business cycle, call centre, Carmen Reinhart, central bank independence, choice architecture, Chuck Templeton: OpenTable:, cloud computing, complexity theory, computer age, conceptual framework, congestion charging, constrained optimization, coronavirus, COVID-19, creative destruction, credit crunch, data science, DeepMind, deglobalization, deindustrialization, Diane Coyle, discounted cash flows, disintermediation, Donald Trump, Edward Glaeser, en.wikipedia.org, endogenous growth, endowment effect, Erik Brynjolfsson, eurozone crisis, everywhere but in the productivity statistics, Evgeny Morozov, experimental subject, financial deregulation, financial innovation, financial intermediation, Flash crash, framing effect, general purpose technology, George Akerlof, global supply chain, Goodhart's law, Google bus, haute cuisine, High speed trading, hockey-stick growth, Ida Tarbell, information asymmetry, intangible asset, Internet of things, invisible hand, Jaron Lanier, Jean Tirole, job automation, Joseph Schumpeter, Kenneth Arrow, Kenneth Rogoff, knowledge economy, knowledge worker, Les Trente Glorieuses, libertarian paternalism, linear programming, lockdown, Long Term Capital Management, loss aversion, low earth orbit, lump of labour, machine readable, market bubble, market design, Menlo Park, millennium bug, Modern Monetary Theory, Mont Pelerin Society, multi-sided market, Myron Scholes, Nash equilibrium, Nate Silver, Network effects, Occupy movement, Pareto efficiency, payday loans, payment for order flow, Phillips curve, post-industrial society, price mechanism, Productivity paradox, quantitative easing, randomized controlled trial, rent control, rent-seeking, ride hailing / ride sharing, road to serfdom, Robert Gordon, Robert Shiller, Robert Solow, Robinhood: mobile stock trading app, Ronald Coase, Ronald Reagan, San Francisco homelessness, savings glut, school vouchers, sharing economy, Silicon Valley, software is eating the world, spectrum auction, statistical model, Steven Pinker, tacit knowledge, The Chicago School, The Future of Employment, The Great Moderation, the map is not the territory, The Rise and Fall of American Growth, the scientific method, The Signal and the Noise by Nate Silver, the strength of weak ties, The Wealth of Nations by Adam Smith, total factor productivity, transaction costs, Uber for X, urban planning, winner-take-all economy, Winter of Discontent, women in the workforce, Y2K

To my mind, values cannot be wholly separable from empirical investigation, and yet it is important for economists to aspire to be as impartial as possible. Economic knowledge certainly accumulates. If we had not learned lessons from the experience of the 1930s, the consequences of the 2008–9 financial crisis would have been far more severe, and governments would not have introduced furlough schemes during the coronavirus lockdowns. If we had not created and learned from market design (defining the rules that make markets work well), far fewer of the apps on our phones could work. There are other important differences between economics and its critics. One is whether it is ever acceptable to put monetary values on intrinsically good things like nature or human life.

Although building on a number of public lectures given between 2012 and 2020, the material has been updated and set in a narrative arc illustrating the significant changes in economics that have occurred during the past decade. The book is aimed at general readers, not just economists. This is not only to focus attention on real challenges for economics rather than the straw man critiques, but also because the public appetite to understand the economy is intense. This is an extraordinary time in world history. The coronavirus pandemic means that people in every country have been experiencing an unprecedented economic shock, more sudden and severe than the Great Depression. It has galvanised the economics community, prompting a vast amount of new research and policy analysis, and stimulating many economists to engage with epidemiology and the biomedical sciences (Coyle 2020a).

In the years since then, the tension between experts and populism has only increased, and not because the technocrats are right and the vox populi wrong. It is true both that modern economies are complex, requiring expertise to devise policies, and that, for many people, those policies have not delivered benefits. Looking back from the coronavirus era, with an economic downturn exacerbating and exposing major inequalities, it would be hard to claim that post-GFC economic policies have served the majority well (Algan et al. 2017; Rodrik 2018). The tension is well illustrated by protests against a specific ‘structural reform’, the deregulation of taxi markets.


pages: 344 words: 104,522

Woke, Inc: Inside Corporate America's Social Justice Scam by Vivek Ramaswamy

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 2021 United States Capitol attack, activist fund / activist shareholder / activist investor, affirmative action, Airbnb, Amazon Web Services, An Inconvenient Truth, anti-bias training, Bernie Sanders, Big Tech, BIPOC, Black Lives Matter, carbon footprint, clean tech, cloud computing, contact tracing, coronavirus, corporate governance, corporate social responsibility, COVID-19, critical race theory, crony capitalism, cryptocurrency, defund the police, deplatforming, desegregation, disinformation, don't be evil, Donald Trump, en.wikipedia.org, Eugene Fama: efficient market hypothesis, fudge factor, full employment, George Floyd, glass ceiling, global pandemic, green new deal, hiring and firing, Hyperloop, impact investing, independent contractor, index fund, Jeff Bezos, lockdown, Marc Benioff, Mark Zuckerberg, microaggression, military-industrial complex, Network effects, Parler "social media", plant based meat, Ponzi scheme, profit maximization, random walk, ride hailing / ride sharing, risk-adjusted returns, Robert Bork, Robinhood: mobile stock trading app, Ronald Reagan, Salesforce, self-driving car, shareholder value, short selling, short squeeze, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, single source of truth, Snapchat, social distancing, Social Responsibility of Business Is to Increase Its Profits, source of truth, sovereign wealth fund, Susan Wojcicki, the scientific method, Tim Cook: Apple, too big to fail, trade route, transcontinental railway, traveling salesman, trickle-down economics, Vanguard fund, Virgin Galactic, WeWork, zero-sum game

Facts are important inputs to making sound policy decisions, but facts and policy judgments are not the same thing. It’s one thing for someone to wrongly assert that bandanas were more effective than N95 masks in preventing person-to-person transmission of the coronavirus. It’s another matter entirely to treat anti-lockdown arguments as though those arguments themselves are incorrect “facts.” Whether a lockdown of certain businesses to prevent the coronavirus from spreading is the right policy isn’t a matter of “fact” or “science.” It’s a policy judgment, and the best policy may vary depending on what the business is, where it is, and myriad other factors.

“The Right to Vote Is Fundamental—a Letter from Biotechnology Industry Leaders.” Endpoints News, 15 Apr. 2021, endpts.com/the-right-to-vote-is-fundamental-a-letter-from-biotechnology-industry-leaders/. 12. Gore, Al, and David Blood. “Capitalism after the Coronavirus.” The Wall Street Journal, 29 June 2020, www.wsj.com/articles/capitalism-after-the-coronavirus-11593470102. 13. Benioff, Marc. “Marc Benioff: We Need a New Capitalism.” The New York Times, 14 Oct. 2019, www.nytimes.com/2019/10/14/opinion/benioff-salesforce-capitalism.html. 14. Douthat, Ross. “The Rise of Woke Capital.” The New York Times, 28 Feb. 2018, www.nytimes.com/2018/02/28/opinion/corporate-america-activism.html. 15.

Cliff’s Perspectives, AQR Capital Management, 18 May 2017, www.aqr.com/Insights/Perspectives/Virtue-is-its-Own-Reward-Or-One-Mans-Ceiling-is-Another-Mans-Floor. 3. Schwab, Klaus, and Peter Vanham. Stakeholder Capitalism: A Global Economy That Works for Progress, People and Planet. John Wiley & Sons, Inc., 2021. 4. Gore, Al, and David Blood. “Capitalism after the Coronavirus.” The Wall Street Journal, 29 June 2020, www.wsj.com/articles/capitalism-after-the-coronavirus-11593470102. 5. Fink, Larry. “A Fundamental Reshaping of Finance.” BlackRock, 14 Jan. 2020, www.blackrock.com/ch/individual/en/larry-fink-ceo-letter#:~:text=Our%20investment%20conviction%20is%20that,for%20client%20portfolios%20going%20forward. 6.


pages: 444 words: 124,631

Buy Now, Pay Later: The Extraordinary Story of Afterpay by Jonathan Shapiro, James Eyers

Airbnb, Alan Greenspan, Apple Newton, bank run, barriers to entry, Big Tech, Black Lives Matter, blockchain, book value, British Empire, clockwatching, cloud computing, collapse of Lehman Brothers, computer age, coronavirus, corporate governance, corporate raider, COVID-19, cryptocurrency, delayed gratification, diversification, Dogecoin, Donald Trump, Elon Musk, financial deregulation, George Floyd, greed is good, growth hacking, index fund, Jones Act, Kickstarter, late fees, light touch regulation, lockdown, low interest rates, managed futures, Max Levchin, meme stock, Mount Scopus, Network effects, new economy, passive investing, payday loans, paypal mafia, Peter Thiel, pre–internet, Rainbow capitalism, regulatory arbitrage, retail therapy, ride hailing / ride sharing, Robinhood: mobile stock trading app, rolodex, Salesforce, short selling, short squeeze, side hustle, Silicon Valley, Snapchat, SoftBank, sovereign wealth fund, tech bro, technology bubble, the payments system, TikTok, too big to fail, transaction costs, Vanguard fund

Allen & Unwin 83 Alexander Street Crows Nest NSW 2065 Australia Phone: (61 2) 8425 0100 Email: info@allenandunwin.com Web: www.allenandunwin.com ISBN 978 1 76087 946 4 eISBN 978 1 76106 236 0 Index by Puddingburn Internal design by Midland Typesetters Set by Midland Typesetters, Australia Cover design: Philip Campbell Design Cover photographs: Shutterstock (headphones, bag); iStock (shoes) CONTENTS Prologue 1 Rags to Riches 2 Asset Strippers 3 Lay-by 4 Touch Point 5 Little King 6 Going Public 7 The Unsuspected Secret 8 Mickey Mouse and Marijuana 9 Broker Wars 10 Short on Time 11 House of Cards 12 Taking Credit 13 The Cub Club 14 Going Viral 15 Standing Down 16 Trending 17 Once in a Lifetime Epilogue Acknowledgements Notes Bibliography Index PROLOGUE ‘TREPIDATION’ IS THE word we both had scrawled and underlined in our notepads after a half-hour Zoom call with Anthony Eisen and Nick Molnar, the founders of Afterpay. The call was held on Tuesday, 19 January 2021, when most of Australia was enjoying a summer holiday after a traumatic 2020, which had seen the world ravaged by the coronavirus pandemic. Nick dialled in from ‘Nicko’s iPhone’. He was unshaven and crouched under a staircase in his holiday house in Byron Bay. The scheduled time of 1 pm coincided with the nap time of his second child, who was only a few months old. Anthony logged on from his desk at Afterpay’s Melbourne office, in a Collins Street tower with views of the city in the background.

Morrison and his family had left the country for a holiday in Hawaii, while at home exhausted volunteer firefighters continued battling the raging blazes. When confronted about his absence, he snapped that he didn’t ‘hold the hose, mate’. Lowe had also holidayed in the United States with his family, in California—and in his prepared remarks to the National Press Club, he mentioned the risks posed by the bushfire and a new coronavirus that had locked down the city of Wuhan, in China. The bushfires were a tragedy, he said, but there would be no enduring hit to the economy. As for the virus designated by the World Health Organization as COVID-19, the experience of the SARS virus in 2002 was instructive: activity would be depressed but would snap back sharply once the health authorities brought the virus under control.

In the back of the room, Ben McGarry, of hedge fund Totus Capital, listened intently. He’d been openly betting that Tesla shares would fall; as they ripped higher, even his family were ribbing him. But he, like other hedge fund managers, had been paying close attention to the virus. The market was too complacent, he believed. If Lowe was alert but not alarmed by the coronavirus in early February, by the end of the month he had a greater sense that he, along with the entire public service, was about to face his greatest test. Lowe and treasurer Josh Frydenberg had flown to Riyadh, Saudi Arabia, for a G20 meeting held over two days from 22 February. There, International Monetary Fund officials informed them that the virus had spread to Iran, South Korea and Italy, and the following day those countries had gone into lockdown.


pages: 210 words: 62,278

No One Succeeds Alone by Robert Reffkin

Albert Einstein, coronavirus, COVID-19, financial independence, George Floyd, global pandemic, hiring and firing, Isaac Newton, Jeff Bezos, Marc Benioff, market design, pattern recognition, Salesforce, Steve Jobs, young professional

Always look for the positive even when it’s hard to see The lessons I learned leading during the coronavirus pandemic When the coronavirus pandemic first hit, I was going to work every day in Compass’s eleven-story office building in Manhattan, riding elevators, meeting with hundreds of people a week, flying to Seattle twice a month to meet with the leaders of our West Coast technology hub, and visiting other Compass offices in other cities. Then, in a matter of days, everything changed. First came the official declaration that the coronavirus was a pandemic. Then the stock market crashed, evaporating trillions of dollars in wealth and savings.

Index A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z B A Better Chance, 17, 43, 63 A abundance mindset, 170 accountability, 38–39, 181–83 adaptability, 9–10, 169–71, 186, 194–96 Adashek, Jeannie, 93 Allon, Ori belonging and community, 195–96 first meeting, 164–66 as mentor, 82, 181 origin of Compass, 104 pivot at Compass, 206–12 recruitment, 176–78 America Needs You, 49, 158–59 See also New York Needs You authentic self, 9, 58, 73–76, 189–92 See also strengths, maximizing balance, work-life, 127–29 be solutions driven (principle of entrepreneurship), 27–30, 40–43, 54–66, 88–90, 109–11, 150–62 being Black and adaptability, 9–10 disowned by grandparents, 24–25 expectations, 122–23 in New York City, 121 professional belonging, 194 in relationship with college girlfriend, 201–2 in school, 13–15, 21, 62, 215–18 See also discrimination; immigrants; privilege and advantage belonging creating your own community, 194–96 defined, 8–9 discrimination and, 215–18 vs. impostor syndrome, 130–31, 189–92 purpose and, 49–50 socioeconomic background, 67–69 Belonging Walls, 196 Benioff, Marc, ix–x Benís (wife) on acceptance of flaws, 73–76 childhood, inequality of, 66–69 as coach, 100 college opportunity, 88–90 coming to New York, 64–66 home and rediscovering herself, 69–73 as inspiration, 160 as life partner, 137–40 society’s unwritten rules, 85–86 work-life balance, 128–29 Berkeley house, 58–61 bias, 166–68 Black executives and mentors, 94–98 bounce back with passion (principle of entrepreneurship), 20, 69–73, 109–11, 197–212 Byard, Eliza, 123 C celebration, of successes, 134–35, 158 change, at Compass, 206–12 Chenault, Ken, 94, 138, 170 coaches, 98–101 Cohn, Gary, 130–31 collaborate without ego (principle of entrepreneurship), 11–13, 46–47, 73–76, 88–90, 98–101, 109–11, 172–83 Columbia University accelerated graduation, 40–43 admission and anticipation, 134–35 application to, 27–29 college application essay, 32–36 communication of change, 209–12 handwritten notes, 93, 166 with mentors, 86–88, 91–93 with new employees, 132–34 observation of facial expressions, 140–42 speaking out for what is right, 118–19, 215–18 Compass change, challenge of, 209–12 coronavirus pandemic, 169–71 culture, 125–27, 151–53, 181–83 early pivot, 206–9 hiring and firing, 173–79 on innovation, 144–45, 147–49 origin of, 97–98, 103–5 welcoming new employees, 132–34 Compass Academy, 171 Compass Concierge, 149 compensation, asking for a raise, 161–62 constructive feedback, 82–85 Contraband (school newspaper), 216–18 Cornell, Henry, 97, 99, 187, 191 coronavirus pandemic, 169–71 Customer Feedback Forum, 145–47 customers (real estate agents) feedback from, 145–47, 207–9 focus on, 23–24, 144–45, 166–68 D decision-making tools for forgiveness, 24–27 hiring and firing tests, 179–81 on life partner, 137–40 networking, 86–88 perspective, long-term, 117–19 for success, 20 DiBiasio, Dolf, 43–44 discrimination adapting oneself to society, 9–10 belonging and community, 194–96, 215–18 dreams and, 121–23 father and, 11–12 in schools, 13–15 skeptics, 29–30 socioeconomic, 67–68 stereotypes and bias, 166–68 unwritten rules, of society, 85–86 See also immigrants DJ business, 23–24, 34–35 Dodge & Cox internship, 63 dream big (principle of entrepreneurship), 2, 17–20, 27–30, 36–39, 54–63, 73–76, 109–11, 113–23 dreams attachment to vs. change, 209–12 of author, 49, 119–21 combining goals, 101–3, 129 energy and, 21 measuring, 125–27 motivation to achieve, 159–61 resilience and, 198–201 for this book, 3–4 E Eduard Lee (father) in college essay, 32–33 ego and fatherhood, 11–13 family life, 7 gratitude, 186 as motivational factor, 160–61 education Benís and, 69, 88–90 discrimination vs. support for, 13–15 Elida and, 65, 68 opportunities for, 16–18 strengths and, 188–89 of whole person, 36–39 ego, 11–13, 110, 138, 144, 145, 173 Elida (mother-in-law), 64–69, 78, 89, 129 empathy, 25 energy for accomplishing dreams, 18–19 dreams and success, 21–22 from negativity, 27–30 from people, 155–59 as test, 180 See also motivation; taking action entrepreneurs and entrepreneurship customers and, 23–24 defined, 63 overview and principles of, 109–11 rules, flexibility of, 40–43 work-life balance, 127–29 exit strategy, 129–32 expectations, 14, 38, 98, 123 F failure as feedback, 147–49 losing when right, 99–100 mothers and, 53 Reffkin on, 2–3 vs. strengths, 185 See also resilience family, importance of, 76–78, 117–19, 160 fear, 146–47, 148, 170 feedback constructive, importance of, 82–85, 99 from customers, 145–47, 206–9 diversity and variety in, 147–49 facial expressions, 140–42 learn from reality, principle of, 136–37 learning from pain, 12–13, 201–6 on life partner, 137–40 listening and humility, 142–45 from mentees in nonprofit, 158–59 recruitment and, 177–79 success and, 20 firing employees, 173–75, 179–81 Floyd, George, 118, 122 forgiveness, 24–27 Foster, Dick, 96, 138–39, 192 G Global Horizons, 62 Goldman Sachs, 44, 97–99, 103, 130–32, 187, 191 grandfather, 24–25, 54–56 gratitude, 77–78, 92–93, 168–69, 186–88 grudges, 24–27 guilt, 73–75 H Haas School of Business, 63 Henry Crown Fellows, 102 hiring tests, 179–81 home, importance of, 69–73 humility, 142–45 hustle, importance of, 48–50 I immigrants, 7, 55, 85–86, 109, 118, 195 impostor syndrome, 130, 189–92 innovation, 143 inspiration, 101–3 invention, 143–44 J Jobs, Steve, 30, 178 Jordan, Vernon, 93, 94–98 Julpan (company), 165 K “Kids in the Conference Room, The” (article), 44 L Lazard, 49, 93, 95, 96, 97, 130, 205 leadership characteristics of, x, 170 coronavirus pandemic, 169–71 employee communication, 132–34 Jordan, Vernon, lessons from, 94–98 listening, 98–101, 142–45 learn from reality (principle of entrepreneurship), 20, 23–24, 81–85, 90–94, 98–103, 109–11, 136–49 Lee, Eduard Rodney.

Index A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z B A Better Chance, 17, 43, 63 A abundance mindset, 170 accountability, 38–39, 181–83 adaptability, 9–10, 169–71, 186, 194–96 Adashek, Jeannie, 93 Allon, Ori belonging and community, 195–96 first meeting, 164–66 as mentor, 82, 181 origin of Compass, 104 pivot at Compass, 206–12 recruitment, 176–78 America Needs You, 49, 158–59 See also New York Needs You authentic self, 9, 58, 73–76, 189–92 See also strengths, maximizing balance, work-life, 127–29 be solutions driven (principle of entrepreneurship), 27–30, 40–43, 54–66, 88–90, 109–11, 150–62 being Black and adaptability, 9–10 disowned by grandparents, 24–25 expectations, 122–23 in New York City, 121 professional belonging, 194 in relationship with college girlfriend, 201–2 in school, 13–15, 21, 62, 215–18 See also discrimination; immigrants; privilege and advantage belonging creating your own community, 194–96 defined, 8–9 discrimination and, 215–18 vs. impostor syndrome, 130–31, 189–92 purpose and, 49–50 socioeconomic background, 67–69 Belonging Walls, 196 Benioff, Marc, ix–x Benís (wife) on acceptance of flaws, 73–76 childhood, inequality of, 66–69 as coach, 100 college opportunity, 88–90 coming to New York, 64–66 home and rediscovering herself, 69–73 as inspiration, 160 as life partner, 137–40 society’s unwritten rules, 85–86 work-life balance, 128–29 Berkeley house, 58–61 bias, 166–68 Black executives and mentors, 94–98 bounce back with passion (principle of entrepreneurship), 20, 69–73, 109–11, 197–212 Byard, Eliza, 123 C celebration, of successes, 134–35, 158 change, at Compass, 206–12 Chenault, Ken, 94, 138, 170 coaches, 98–101 Cohn, Gary, 130–31 collaborate without ego (principle of entrepreneurship), 11–13, 46–47, 73–76, 88–90, 98–101, 109–11, 172–83 Columbia University accelerated graduation, 40–43 admission and anticipation, 134–35 application to, 27–29 college application essay, 32–36 communication of change, 209–12 handwritten notes, 93, 166 with mentors, 86–88, 91–93 with new employees, 132–34 observation of facial expressions, 140–42 speaking out for what is right, 118–19, 215–18 Compass change, challenge of, 209–12 coronavirus pandemic, 169–71 culture, 125–27, 151–53, 181–83 early pivot, 206–9 hiring and firing, 173–79 on innovation, 144–45, 147–49 origin of, 97–98, 103–5 welcoming new employees, 132–34 Compass Academy, 171 Compass Concierge, 149 compensation, asking for a raise, 161–62 constructive feedback, 82–85 Contraband (school newspaper), 216–18 Cornell, Henry, 97, 99, 187, 191 coronavirus pandemic, 169–71 Customer Feedback Forum, 145–47 customers (real estate agents) feedback from, 145–47, 207–9 focus on, 23–24, 144–45, 166–68 D decision-making tools for forgiveness, 24–27 hiring and firing tests, 179–81 on life partner, 137–40 networking, 86–88 perspective, long-term, 117–19 for success, 20 DiBiasio, Dolf, 43–44 discrimination adapting oneself to society, 9–10 belonging and community, 194–96, 215–18 dreams and, 121–23 father and, 11–12 in schools, 13–15 skeptics, 29–30 socioeconomic, 67–68 stereotypes and bias, 166–68 unwritten rules, of society, 85–86 See also immigrants DJ business, 23–24, 34–35 Dodge & Cox internship, 63 dream big (principle of entrepreneurship), 2, 17–20, 27–30, 36–39, 54–63, 73–76, 109–11, 113–23 dreams attachment to vs. change, 209–12 of author, 49, 119–21 combining goals, 101–3, 129 energy and, 21 measuring, 125–27 motivation to achieve, 159–61 resilience and, 198–201 for this book, 3–4 E Eduard Lee (father) in college essay, 32–33 ego and fatherhood, 11–13 family life, 7 gratitude, 186 as motivational factor, 160–61 education Benís and, 69, 88–90 discrimination vs. support for, 13–15 Elida and, 65, 68 opportunities for, 16–18 strengths and, 188–89 of whole person, 36–39 ego, 11–13, 110, 138, 144, 145, 173 Elida (mother-in-law), 64–69, 78, 89, 129 empathy, 25 energy for accomplishing dreams, 18–19 dreams and success, 21–22 from negativity, 27–30 from people, 155–59 as test, 180 See also motivation; taking action entrepreneurs and entrepreneurship customers and, 23–24 defined, 63 overview and principles of, 109–11 rules, flexibility of, 40–43 work-life balance, 127–29 exit strategy, 129–32 expectations, 14, 38, 98, 123 F failure as feedback, 147–49 losing when right, 99–100 mothers and, 53 Reffkin on, 2–3 vs. strengths, 185 See also resilience family, importance of, 76–78, 117–19, 160 fear, 146–47, 148, 170 feedback constructive, importance of, 82–85, 99 from customers, 145–47, 206–9 diversity and variety in, 147–49 facial expressions, 140–42 learn from reality, principle of, 136–37 learning from pain, 12–13, 201–6 on life partner, 137–40 listening and humility, 142–45 from mentees in nonprofit, 158–59 recruitment and, 177–79 success and, 20 firing employees, 173–75, 179–81 Floyd, George, 118, 122 forgiveness, 24–27 Foster, Dick, 96, 138–39, 192 G Global Horizons, 62 Goldman Sachs, 44, 97–99, 103, 130–32, 187, 191 grandfather, 24–25, 54–56 gratitude, 77–78, 92–93, 168–69, 186–88 grudges, 24–27 guilt, 73–75 H Haas School of Business, 63 Henry Crown Fellows, 102 hiring tests, 179–81 home, importance of, 69–73 humility, 142–45 hustle, importance of, 48–50 I immigrants, 7, 55, 85–86, 109, 118, 195 impostor syndrome, 130, 189–92 innovation, 143 inspiration, 101–3 invention, 143–44 J Jobs, Steve, 30, 178 Jordan, Vernon, 93, 94–98 Julpan (company), 165 K “Kids in the Conference Room, The” (article), 44 L Lazard, 49, 93, 95, 96, 97, 130, 205 leadership characteristics of, x, 170 coronavirus pandemic, 169–71 employee communication, 132–34 Jordan, Vernon, lessons from, 94–98 listening, 98–101, 142–45 learn from reality (principle of entrepreneurship), 20, 23–24, 81–85, 90–94, 98–103, 109–11, 136–49 Lee, Eduard Rodney. See Eduard (father) listening, 98–101, 142–45 M marathons, 101–3, 159–61 marriage, 137–40 maximize your strengths (principle of entrepreneurship), 30–32, 61–63, 73–76, 109–11, 184–96 McGuire, Ray, 97, 187 McKinsey & Company, 43–47, 130, 189–90, 192 mentors building relationships with, 90–94 college opportunities, 88–90 constructive feedback from, 36, 82–85 following in their footsteps, 101–3 networks, creating, 86–88 overview of, 81–82 principles of, 91–92 push towards achievement from, 98–101 risk and, 103–5 unwritten rules, 85–86 mindfulness, 134–35 Moore, Wes, 123 Mornell, Linda, 83–85 mothers, as entrepreneurs family and, 76–78 independence and, 54–58 overview of, 53–54 perseverance, 58–66 rediscovering oneself, 69–73 self-acceptance, 73–76 self-care, 192 motivation to achieve dreams, 19, 44–45 accomplishments, historical, 154–55 finding and using, 159–61 forgiveness and, 26 inspiration and, 101–3 from people, 155–59 recruitment and, 177–79 move fast (principle of entrepreneurship), 40–43, 48–50, 64–66, 109–11, 124–35 movies, as inspiration, 114–17 multitasking, 129 N National Foundation for Teaching Entrepreneurship, 23–24, 63 National Outdoor Leadership School, 62, 83–85, 193 Network for Teaching Entrepreneurship, 23–24 networking access to and privilege, 85–86 creating your own, 86–88 energy and, 155–59 integration of work and social life, 127–29 as opportunity, 43–45, 164–66 “rich-kid’s network” idea, 86–88 See also collaboration; communication; mentors New York Needs You, 2, 49, 104, 155–59 See also America Needs You nonprofits charity and, 101–4, 116 as opportunities, 16–18, 62–63, 81–84, 110 starting one, 49, 96–97, 155, 200 See also nonprofits by name O obsess about opportunity (principle of entrepreneurship), 16–18, 23–24, 27–30, 39–40, 43–45, 86–88, 90–94, 109–11, 163–71 Ogunlesi, Adebayo “Bayo,” 82, 103–5 opportunity access to, 85–86 bias, blinding to, 166–68 educational, 61–63 interactions as, 10, 43–45, 164–66 mentors, 94–98 openness to, 16–18, 150–51 pursuing dreams despite odds, 27–30 risk, 97–98 solutions-oriented approach, 151–53 working for, 39–40 Oprah (Winfrey), 43 Ori.


pages: 505 words: 138,917

Open: The Story of Human Progress by Johan Norberg

Abraham Maslow, additive manufacturing, affirmative action, Albert Einstein, anti-globalists, basic income, Berlin Wall, Bernie Sanders, Bletchley Park, Brexit referendum, British Empire, business cycle, business process, California gold rush, carbon tax, citizen journalism, classic study, Clayton Christensen, clean water, cognitive dissonance, collective bargaining, Corn Laws, coronavirus, COVID-19, creative destruction, crony capitalism, decarbonisation, deindustrialization, Deng Xiaoping, digital map, Donald Trump, Edward Jenner, fake news, Fall of the Berlin Wall, falling living standards, Filter Bubble, financial innovation, flying shuttle, Flynn Effect, Francis Fukuyama: the end of history, future of work, Galaxy Zoo, George Gilder, Gini coefficient, global pandemic, global supply chain, global village, green new deal, humanitarian revolution, illegal immigration, income per capita, Indoor air pollution, indoor plumbing, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, Islamic Golden Age, James Watt: steam engine, Jane Jacobs, Jeff Bezos, job automation, John von Neumann, joint-stock company, Joseph Schumpeter, Kickstarter, knowledge economy, labour mobility, Lao Tzu, liberal capitalism, manufacturing employment, mass immigration, negative emissions, Network effects, open borders, open economy, Pax Mongolica, place-making, profit motive, RAND corporation, regulatory arbitrage, rent control, Republic of Letters, road to serfdom, Ronald Reagan, Schrödinger's Cat, sharing economy, side project, Silicon Valley, Solyndra, spice trade, stem cell, Steve Bannon, Steve Jobs, Steve Wozniak, Steven Pinker, tacit knowledge, The Death and Life of Great American Cities, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, trade liberalization, trade route, transatlantic slave trade, Tyler Cowen, Uber for X, ultimatum game, universal basic income, World Values Survey, Xiaogang Anhui farmers, zero-sum game

Historically, rulers have used such great plagues to extend control over their populations, pull up the drawbridges and attack scapegoats, like Jews, foreigners or witches. As a new coronavirus pandemic haunts the world, it is not difficult to imagine how it could be a decisive turning point, away from openness. Companies are forced to re-evaluate international supply chains, natives become suspicious of outsiders and global travel, and governments grant themselves new powers. At the time of writing, no government has yet ‘postponed’ an election because of the coronavirus, but such things have happened before in history. Panic changes politics in a nationalist direction, such as with bans on the export of drugs and medical equipment.

This gave rise to science, which is built on the exchange, criticism, comparison and accumulation of knowledge, and to technology, which is the application of science to solve practical problems. We observe the benefits cooperation and mobility have given us when it’s suddenly shut down. The World Bank has calculated that the greatest economic damage from epidemics like swine flu, SARS or the new coronavirus do not come from mortality, morbidity, treatment and associated loss of production, but from increased fear of associating with others. Up to 90 per cent of the damage comes from aversion behaviour, which shuts down places of production, transportation, harbours and airports.2 We humans innovate and we imitate, rinse and repeat, until we create something special.

We rarely think of it this way, but globalization is actually our best chance to fight pandemics in the first place, since wealth, communication technology and open science have made our response to new diseases faster than ever, as science writer Ron Bailey has noted.8 Hospitals, researchers, health authorities and drug companies everywhere can now supply each other with instant information and coordinate efforts to analyse and combat the problem. After having tried to conceal the outbreak for weeks, China announced that it had found a new coronavirus on 2 January 2020. Using technologies developed on the other side of the globe, Chinese scientists could read the complete genome of the virus and publish it on a new global hub for medical research, on 10 January. Just six days later, German researchers had used this information to develop and release a diagnostic test to detect new infections.


pages: 399 words: 118,576

Ageless: The New Science of Getting Older Without Getting Old by Andrew Steele

Alfred Russel Wallace, assortative mating, bioinformatics, caloric restriction, caloric restriction, clockwatching, coronavirus, correlation does not imply causation, COVID-19, CRISPR, dark matter, deep learning, discovery of penicillin, double helix, Easter island, epigenetics, Hans Rosling, Helicobacter pylori, life extension, lone genius, megastructure, meta-analysis, microbiome, mouse model, parabiotic, Peter Thiel, phenotype, precautionary principle, radical life extension, randomized controlled trial, Silicon Valley, stealth mode startup, stem cell, TED Talk, zero-sum game

Pandemics are a humbling reminder of the power of nature compared to our own. The coronavirus crisis has laid bare what many of us had largely forgotten: the terrible toll infectious disease can take without treatments or vaccines. Nonetheless, your risk of death from COVID-19 is still substantially less than the risk from infections in the past – taken over the whole of human history, bacteria, viruses and other microorganisms have probably struck down more of us than anything else. Even in the worst case, the consequences of coronavirus are unlikely to exceed those of the 1918 flu pandemic: during that outbreak, 50 to 100 million died over a couple of years at the hands of flu viruses – up to 5 per cent of the global population at the time – dwarfing the 20 million killed in the preceding four years of mechanised annihilation in the First World War.

Nonetheless, improving diets and making exercise easier to integrate into daily lives both need to be priorities if we want to make sure lifespans continue to increase. Other factors, from air pollution (whose risks are only beginning to be understood, but seem to affect ageing to some extent – not just in the respiratory system, but by promoting cardiovascular diseases and perhaps even dementia) to antibiotic resistance and emerging diseases like coronavirus (which could see a partial return to the bad old days of deaths from infection) are also worth trying to get ahead of. There are also inequalities which mean, while headline life expectancies increase or at worst stay constant in whole countries, some socioeconomic groups or regions have experienced declines in lifespan in the last decade or so.

By alleviating mortality in childhood and young adults, many of us now live long enough to experience the immune decline of ageing, and more than 90 per cent of deaths from infectious disease are in people over the age of 60. The substantial extra risk to older people from infectious disease has been laid bare by the coronavirus pandemic, whose toll in terms of hospitalisation and death is much higher among the elderly. While dying from flu or COVID-19 isn’t ageing per se, the massively increased risk with age means that ageing bears ultimate responsibility for most of these deaths. What’s worse is that a key tool of modern medicine – vaccination – is less effective in the elderly because vaccines rely on the failing immune system for their effectiveness.


Human Frontiers: The Future of Big Ideas in an Age of Small Thinking by Michael Bhaskar

"Margaret Hamilton" Apollo, 3D printing, additive manufacturing, AI winter, Albert Einstein, algorithmic trading, AlphaGo, Anthropocene, artificial general intelligence, augmented reality, autonomous vehicles, backpropagation, barriers to entry, basic income, behavioural economics, Benoit Mandelbrot, Berlin Wall, Big bang: deregulation of the City of London, Big Tech, Bletchley Park, blockchain, Boeing 747, brain emulation, Brexit referendum, call centre, carbon tax, charter city, citizen journalism, Claude Shannon: information theory, Clayton Christensen, clean tech, clean water, cognitive load, Columbian Exchange, coronavirus, cosmic microwave background, COVID-19, creative destruction, CRISPR, crony capitalism, cyber-physical system, dark matter, David Graeber, deep learning, DeepMind, deindustrialization, dematerialisation, Demis Hassabis, demographic dividend, Deng Xiaoping, deplatforming, discovery of penicillin, disruptive innovation, Donald Trump, double entry bookkeeping, Easter island, Edward Jenner, Edward Lorenz: Chaos theory, Elon Musk, en.wikipedia.org, endogenous growth, energy security, energy transition, epigenetics, Eratosthenes, Ernest Rutherford, Eroom's law, fail fast, false flag, Fellow of the Royal Society, flying shuttle, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, germ theory of disease, glass ceiling, global pandemic, Goodhart's law, Google Glasses, Google X / Alphabet X, GPT-3, Haber-Bosch Process, hedonic treadmill, Herman Kahn, Higgs boson, hive mind, hype cycle, Hyperloop, Ignaz Semmelweis: hand washing, Innovator's Dilemma, intangible asset, interchangeable parts, Internet of things, invention of agriculture, invention of the printing press, invention of the steam engine, invention of the telegraph, invisible hand, Isaac Newton, ITER tokamak, James Watt: steam engine, James Webb Space Telescope, Jeff Bezos, jimmy wales, job automation, Johannes Kepler, John von Neumann, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, Large Hadron Collider, liberation theology, lockdown, lone genius, loss aversion, Louis Pasteur, Mark Zuckerberg, Martin Wolf, megacity, megastructure, Menlo Park, Minecraft, minimum viable product, mittelstand, Modern Monetary Theory, Mont Pelerin Society, Murray Gell-Mann, Mustafa Suleyman, natural language processing, Neal Stephenson, nuclear winter, nudge unit, oil shale / tar sands, open economy, OpenAI, opioid epidemic / opioid crisis, PageRank, patent troll, Peter Thiel, plutocrats, post scarcity, post-truth, precautionary principle, public intellectual, publish or perish, purchasing power parity, quantum entanglement, Ray Kurzweil, remote working, rent-seeking, Republic of Letters, Richard Feynman, Robert Gordon, Robert Solow, secular stagnation, shareholder value, Silicon Valley, Silicon Valley ideology, Simon Kuznets, skunkworks, Slavoj Žižek, sovereign wealth fund, spinning jenny, statistical model, stem cell, Steve Jobs, Stuart Kauffman, synthetic biology, techlash, TED Talk, The Rise and Fall of American Growth, the scientific method, The Wealth of Nations by Adam Smith, Thomas Bayes, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, TikTok, total factor productivity, transcontinental railway, Two Sigma, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, uranium enrichment, We wanted flying cars, instead we got 140 characters, When a measure becomes a target, X Prize, Y Combinator

They were probably alive towards the middle of the nineteenth century. Like you, they had hopes, fears and dreams. They craved what we crave: security, love, entertainment. Yet their world, just a generation or two out of reach, was more dangerous, backbreaking, boring, precarious and limited than anything we in the West ever experience, coronavirus and its aftermath included. In the mid-nineteenth century, buildings were often wooden and rudimentary. In cities especially, this meant devastating fires were common. The boomtown of Chicago was almost eradicated in a vast urban conflagration in 1871. Sewage was a ubiquitous disease-carrying presence, in the home and out.

Indeed, the US saw consistent falls between 2015 and 2020, the biggest since 1915–1918, the years of the First World War and the Spanish flu pandemic.14 In Britain a marked slowdown started in 2011, with no progress being made from 2015.15 At best, Britons are seeing the slowest improvements since the Second World War. The impact of coronavirus is certain to further revise down these numbers. At the frontier, something is going wrong with Pasteur-style breakthroughs. The drugs don't work; at least, not like they used to. The discovery of drugs appears to obey a rule christened Eroom's Law. In a nutshell, the number of drugs approved for every billion dollars’ worth of research and development (R&D) halves every nine years.

No wonder we have a sclerotic and, ironically, closed economy. No wonder company net investment has declined. Corporate investment, much higher than noncorporate business investment, fell from 30–40 per cent in the period 1950–2000 to 20–25 per cent after 2000, and that ignores the dip after the financial crisis, to say nothing of the coronavirus recession.25 Cash is not spent on risky ventures but hoarded or returned to shareholders in record amounts. Measured as a proportion of internal cash flow, returns to shareholders are six times higher than the 1970s.26 S&P 500 companies alone have trillions in cash, splurging a record $800 billion on share buybacks, almost $500 billion on dividends, while Apple and Alphabet alone sit on hundreds of billions.27 All this epic hoarding of cash is described as ‘precautionary’.28 If capitalism used to be about owner-managers taking risks to create new breakthrough businesses, the interwoven, highly intermediated ‘gray’ structure of modern equity markets is the opposite.


pages: 337 words: 96,666

Practical Doomsday: A User's Guide to the End of the World by Michal Zalewski

accounting loophole / creative accounting, AI winter, anti-communist, artificial general intelligence, bank run, big-box store, bitcoin, blockchain, book value, Buy land – they’re not making it any more, capital controls, Capital in the Twenty-First Century by Thomas Piketty, Carrington event, clean water, coronavirus, corporate governance, COVID-19, cryptocurrency, David Graeber, decentralized internet, deep learning, distributed ledger, diversification, diversified portfolio, Dogecoin, dumpster diving, failed state, fiat currency, financial independence, financial innovation, fixed income, Fractional reserve banking, Francis Fukuyama: the end of history, Haber-Bosch Process, housing crisis, index fund, indoor plumbing, information security, inventory management, Iridium satellite, Joan Didion, John Bogle, large denomination, lifestyle creep, mass immigration, McDonald's hot coffee lawsuit, McMansion, medical bankruptcy, Modern Monetary Theory, money: store of value / unit of account / medium of exchange, moral panic, non-fungible token, nuclear winter, off-the-grid, Oklahoma City bombing, opioid epidemic / opioid crisis, paperclip maximiser, passive investing, peak oil, planetary scale, ransomware, restrictive zoning, ride hailing / ride sharing, risk tolerance, Ronald Reagan, Satoshi Nakamoto, Savings and loan crisis, self-driving car, shareholder value, Silicon Valley, supervolcano, systems thinking, tech worker, Ted Kaczynski, TED Talk, Tunguska event, underbanked, urban sprawl, Wall-E, zero-sum game, zoonotic diseases

Bryan Hill, “Bear Defense: Shocking Truth About Bear Spray & Guns,” Pistol Wizard, July 10, 2021, https://pistolwizard.com/studies/bears. Chapter 21 1. Jacqueline Howard, “Masks May Actually Increase Your Coronavirus Risk If Worn Improperly, Surgeon General Warns,” CNN, March 2, 2020, https://www.cnn.com/2020/03/02/health/surgeon-general-coronavirus-masks-risk-trnd/index.html. 2. Abrar A. Chughtai, Holly Seale, and C. Raina Macintyre, “Effectiveness of Cloth Masks for Protection Against Severe Acute Respiratory Syndrome Coronavirus 2,” Emerging Infectious Diseases 26, no. 10 (October 2020), https://wwwnc.cdc.gov/eid/article/26/10/20-0948_article/. 3. “Guidance for Private Gatherings,” California Department of Public Health, October 9, 2020, https://www.cdph.ca.gov/Programs/CID/DCDC/Pages/COVID-19/CDPH-Guidance-for-the-Prevention-of-COVID-19-Transmission-for-Gatherings-10-09.aspx. 4.

In February, Oxiris Barbot, the serving New York City health commissioner, tweeted from an official account: Today our city is celebrating the #LunarNewYear parade in Chinatown, a beautiful cultural tradition with a rich history in our city. I want to remind everyone to enjoy the parade and not change any plans due to misinformation spreading about #coronavirus.17 Many prominent pundits listened to the experts and joined the fray. In a now-deleted tweet, Vox Magazine provided a mini-explainer for its readers, asking, “Is this going to be a deadly pandemic?”—and then confidently answering “No.”18 Several others opined that the rumors about the coronavirus may be rooted in xenophobia or other vices of the crowds. Within a month, in a dizzying 180-degree reversal, many progressive politicians began to acknowledge the reality of the new disease—while their political opponents, perhaps in reaction to the ham-fisted health mandates and perhaps out of the simple obligation to take a contrarian view, started to flirt with the idea that maybe it wasn’t just that the policies were wrong, but that the disease itself was some sort of a hoax.

@NYCHealthCommr, “Today Our City Is Celebrating the #Lunarnewyear Parade in Chinatown,” Twitter, February 9, 2020, https://twitter.com/NYCHealthCommr/status/1226508570646269954/. 18. Lindsey Ellefson, “Vox Deletes January Tweet About Coronavirus That Really Has Not Aged Well,” Yahoo, March 24, 2020, https://www.yahoo.com/entertainment/vox-deletes-january-tweet-coronavirus-203359493.html. 19. “America’s Two Largest States Are Fighting COVID-19 Differently,” The Economist, February 4, 2021, https://www.economist.com/united-states/2021/02/06/americas-two-largest-states-are-fighting-covid-19-differently/. 20.


pages: 438 words: 84,256

The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival by Charles Goodhart, Manoj Pradhan

asset-backed security, banks create money, Berlin Wall, bonus culture, Boris Johnson, Branko Milanovic, Brexit referendum, business cycle, capital controls, carbon tax, central bank independence, commodity super cycle, coronavirus, corporate governance, COVID-19, deglobalization, demographic dividend, demographic transition, Deng Xiaoping, en.wikipedia.org, Fall of the Berlin Wall, financial independence, financial repression, fixed income, full employment, gig economy, Gini coefficient, Greta Thunberg, housing crisis, income inequality, inflation targeting, interest rate swap, job automation, Kickstarter, long term incentive plan, longitudinal study, low interest rates, low skilled workers, manufacturing employment, Martin Wolf, mass immigration, middle-income trap, non-tariff barriers, offshore financial centre, oil shock, old age dependency ratio, open economy, paradox of thrift, Pearl River Delta, pension reform, Phillips curve, price stability, private sector deleveraging, quantitative easing, rent control, savings glut, secular stagnation, shareholder value, special economic zone, The Great Moderation, The Wealth of Nations by Adam Smith, total factor productivity, working poor, working-age population, yield curve, zero-sum game

However, underneath those cyclical slowdowns, inflation and interest rates will structurally resurface to remove the obstacle of indebtedness from their path. When exactly these battles will be fought, and won and lost, is impossible to say, but we will need all the luck we can get to navigate our way forward. Postscript: Future Imperfect After Coronavirus Our book was mainly written in 2019, and the typescript delivered to our publisher, before anyone was aware of the impending coronavirus pandemic. The overall impact of the pandemic will be to accelerate the trends we have outlined in this book. China will become more inward-looking and less deflationary globally, and inflation itself will rise much earlier and faster than we had anticipated.

A combination of Trump-type policies, populism, barriers to migration and now the coronavirus pandemic has now defanged that threat to workers. The balance of bargaining power is now swinging back to workers, away from employers; current, more socialist, political trends are reinforcing that. Following the recovery, whenever that happens, wage trends will change. The likelihood is that wage demands will then match, or even perhaps exceed, current inflation, despite the inevitable pleas for moderation in the context of a ‘temporary blip’ in inflation. The coronavirus pandemic, and the supply shock that it has induced, will mark the dividing line between the deflationary forces of the last 30/40 years, and the resurgent inflation of the next two decades.

Our main thesis is that such demographic and globalisation factors were largely responsible for the deflationary pressures of the last three decades, but that such forces are now reversing, so that the world’s main economies will, once again, face inflationary pressures over the next three, or so, decades. The question, which we have been most frequently asked, is ‘Just when will the point of inflexion from deflation to inflation occur?’ When we were writing this book in 2019, we had to answer that we did not know to within five years, or so. That was, of course, before the coronavirus pandemic hit in early 2020; the occurrence of such a pandemic being a ‘known unknown’. The overall impact of the pandemic will be to accelerate the trends we have outlined in this book. China will become more inward-looking and less deflationary globally, and inflation itself will rise much earlier and faster than we had anticipated.


pages: 290 words: 85,847

A Brief History of Motion: From the Wheel, to the Car, to What Comes Next by Tom Standage

accelerated depreciation, active transport: walking or cycling, autonomous vehicles, back-to-the-city movement, bike sharing, car-free, carbon footprint, Cesare Marchetti: Marchetti’s constant, Chris Urmson, City Beautiful movement, Clapham omnibus, congestion charging, coronavirus, COVID-19, deep learning, Didi Chuxing, Donald Shoup, driverless car, Elaine Herzberg, Elon Musk, flex fuel, Ford Model T, Ford paid five dollars a day, garden city movement, General Motors Futurama, Ida Tarbell, Induced demand, interchangeable parts, invention of the wheel, James Watt: steam engine, Jane Jacobs, jitney, Joan Didion, John Zimmer (Lyft cofounder), Lewis Mumford, lockdown, Lyft, Marshall McLuhan, minimum wage unemployment, oil shock, Own Your Own Home, peak oil, prompt engineering, Ralph Nader, Richard Florida, ride hailing / ride sharing, Rosa Parks, safety bicycle, self-driving car, social distancing, Steve Jobs, streetcar suburb, tech bro, The Death and Life of Great American Cities, trade route, Travis Kalanick, Uber and Lyft, uber lyft, unbiased observer, Unsafe at Any Speed, Upton Sinclair, urban planning, urban sprawl, Victor Gruen, W. E. B. Du Bois, walkable city, white flight, wikimedia commons, Yom Kippur War, Zipcar

Helsinki has established a 745-mile network of bike paths, which are even cleared of snow in winter; Oslo raised parking charges and tolls to enter the city, established car-free zones around schools, and shifted some city-center deliveries from vans to electric cargo bikes. Together with high levels of investment in public transport, all this has reduced the volume and speed of traffic on city streets, with a resulting fall in deaths and injuries. In 2020 cities around the world, from Paris to Milan to Kampala, took advantage of coronavirus lockdowns to move in the same direction, creating new bike lanes and broadening sidewalks to reclaim street space from cars. Some cities have since made those changes permanent. Collectively, these moves signal an end to the assumption that streets belong chiefly to cars, by tilting the balance back toward other users.

But then population growth rates in America’s suburbs started outpacing those in cities again. “The ‘back to the city’ trend seen at the beginning of the decade has reversed,” noted William Frey of the Brookings Institution in 2019. In retrospect the global financial crisis of 2007–9 may simply have delayed some young Americans’ entry into the housing market. The coronavirus pandemic has also increased the appeal of suburbs relative to city centers. One of the chief drawbacks of suburbs—the need to commute—goes away if you can work from home, which about half of American workers can. And staying at home is more pleasant if you have more space. A shift toward working remotely, some if not all of the time, is likely to be an enduring legacy of the pandemic.

THE RISE AND FALL OF CAR CULTURE By spawning drive-ins, fast-food joints, and malls, cars reshaped the physical and cultural landscape of America, and then of many other countries, too. But all of these twentieth-century car-centered institutions are now in decline. Admittedly, the few remaining drive-in cinemas saw a revival of interest during coronavirus lockdowns, and in a neat reversal of history, 160 Walmart parking lots were turned into temporary drive-ins in summer 2020. Drive-ins and parking lots around the world have also hosted socially distanced church services, concerts, theatrical performances, and, in Germany, even a drive-in nightclub.


Off the Edge: Flat Earthers, Conspiracy Culture, and Why People Will Believe Anything by Kelly Weill

4chan, Albert Einstein, Alfred Russel Wallace, algorithmic bias, anti-communist, Apollo 11, Big Tech, bitcoin, Comet Ping Pong, coronavirus, COVID-19, crisis actor, cryptocurrency, disinformation, Donald Trump, Elon Musk, fake news, false flag, income inequality, Internet Archive, Isaac Newton, Johannes Kepler, Kevin Roose, Kickstarter, lockdown, Mark Zuckerberg, Mars Society, mass immigration, medical malpractice, moral panic, off-the-grid, QAnon, recommendation engine, side project, Silicon Valley, Silicon Valley startup, Skype, tech worker, Tesla Model S, TikTok, Timothy McVeigh, Wayback Machine, Y2K

., “Hate Multiverse Spreads Malicious COVID-19 Content Online beyond Individual Platform Control,” Cornell University, April 21, 2020, https://arxiv.org/abs/2004.00673. the guise of vaccination Jack Goodman and Flora Carmichael, “Coronavirus: Bill Gates ‘Microchip’ Conspiracy Theory and Other Vaccine Claims FactChecked,” BBC, May 30, 2020, https://www.bbc.com/news/52847648. a laboratory error Will Sommer “Discredited Doctor and Sham ‘Science’ Are the Stars of Viral Coronavirus Doc ‘Plandemic,’ ” Daily Beast May 8, 2020, www.thedailybeast.com/plandemic-the-viral-coronavirus-documentary-starsa-discredited-doctor-and-sham-science. 234 Notes 122 122 123 124 with the conspiratorial internet Davey Alba, “Virus Conspiracists Elevate a New Champion,” New York Times, May 9, 2020, https://www.nytimes .com/2020/05/09/technology/plandemic-judy-mikovitz-coronavirusdisinformation.html. slickly produced video Brandy Zadrozny and Ben Collins, “As ‘#Plandemic’ Goes Viral, Those Targeted by Discredited Scientist’s Crusade Warn of ‘Dangerous’ Claims,” NBC News, May 7, 2020, www.nbcnews.com/tech/technews/plandemic-goes-viral-those-targeted-discredited-scientist-s-crusadewarn-n1202361.

I Wasn’t,” Medium, May 23, 2020, https://fightfortheftr.medium.com/facebook-told-my-followersi-was-spreading-misinformation-about-government-surveillance-i-wasnt63622dd7ae56. 204 “harassment and bullying” Sam Levin, “YouTube Under Fire for Censoring Video Exposing Conspiracy Theorist Alex Jones,” Guardian, April 23, 2018, www.theguardian.com/technology/2018/apr/23/ youtube-alex-jones-sandy-hook-media-matters-video. 204 purge in 2019 Kelly Weill, “YouTube Crackdown on Extremism Also Deleted Innocent Videos,” Daily Beast, June 6, 2019, www.thedailybeast.com/ youtube-crackdown-on-extremism-also-deleted-videos-combating-extremism. 205 accidentally flagged factual content Jay Peters, “Facebook Was Marking Legitimate News Articles about the Coronavirus as Spam Due to a Software Bug,” Verge, March 17, 2020, www.theverge.com/2020/3/17/21184445/ facebook-marking-coronavirus-posts-spam-misinformation-covid-19. 205 Ethiopia passed a law “Ethiopia: Bill Threatens Free Expression,” Human Rights Watch, December 19, 2019, www.hrw.org/news/2019/12/19/ethiopia-billthreatens-free-expression; Simon Marks, “67 Killed in Ethiopia Unrest, but Nobel-Winning Prime Minister Is Quiet,” New York Times, October 25, 2019, www.nytimes.com/2019/10/25/world/africa/ethiopia-protests-prime-minister .html. 205 basis to arrest a journalist Edrine Wanyama, “Ethiopia’s New Hate Speech and Disinformation Law Weighs Heavily on Social Media Users and Internet Intermediaries,” Collaboration on International ICT Policy for East and Southern Africa, July 22, 2020, https://cipesa.org/2020/07/ethiopias-new-hate-speechand-disinformation-law-weighs-heavily-on-social-media-users-and-internetintermediaries; “Ethiopian Journalist Yayesew Shimelis Detained Following COVID-19 Report,” Committee to Protect Journalists, April 1, 2020, https:// cpj.org/2020/04/ethiopian-journalist-yayesew-shimelis-detained-fol/. 205 leaked documents obtained by the Guardian Alex Hern, “Revealed: How TikTok Censors Videos That Do Not Please Beijing,” Guardian, September 25, 2019, www.theguardian.com/technology/2019/sep/25/ revealed-how-tiktok-censors-videos-that-do-not-please-beijing. 206 when and where to vote “Fighting Digital Disinformation,” Warren Democrats, https://elizabethwarren.com/plans/fighting-digital-disinformation. 206 exclusive banner Kelly Weill, “Flat Earthers Call Trump’s Space Force Idea ‘Impossible,’ ” Daily Beast, August 10, 2018, https://www.thedailybeast.com/ flat-earthers-call-trumps-space-force-idea-impossible.

When some of those protesters were later implicated in a plot to kidnap the governor of Michigan, Trump doubled down on his criticism of the governor. It seemed almost inevitable, in these circumstances, that people who would normally scoff at Flat Earthers would begin watching their videos about coronavirus conspiracy theories. Nathan Roberts (one of several Nates to give presentations at the Flat Earth Intentional Conference) racked up millions of views on a video that falsely claimed protective face masks were a human rights violation. Using the same confrontational tactics that made “flat-smacking” videos a hit, Roberts prowled a supermarket, telling people, incorrectly, that they could cite a religious exemption to avoid the store’s face mask requirements.


pages: 210 words: 65,833

This Is Not Normal: The Collapse of Liberal Britain by William Davies

Airbnb, basic income, Bernie Sanders, Big bang: deregulation of the City of London, Black Lives Matter, Boris Johnson, Cambridge Analytica, central bank independence, centre right, Chelsea Manning, coronavirus, corporate governance, COVID-19, credit crunch, data science, deindustrialization, disinformation, Dominic Cummings, Donald Trump, double entry bookkeeping, Edward Snowden, fake news, family office, Filter Bubble, Francis Fukuyama: the end of history, ghettoisation, gig economy, global pandemic, global village, illegal immigration, Internet of things, Jeremy Corbyn, late capitalism, Leo Hollis, liberal capitalism, loadsamoney, London Interbank Offered Rate, mass immigration, moral hazard, Neil Kinnock, Northern Rock, old-boy network, post-truth, postnationalism / post nation state, precariat, prediction markets, quantitative easing, recommendation engine, Robert Mercer, Ronald Reagan, sentiment analysis, sharing economy, Silicon Valley, Slavoj Žižek, statistical model, Steve Bannon, Steven Pinker, surveillance capitalism, technoutopianism, The Chicago School, Thorstein Veblen, transaction costs, universal basic income, W. E. B. Du Bois, web of trust, WikiLeaks, Yochai Benkler

The Windrush scandal of 2018, which saw black British citizens being terrorised by government bureaucracy and threatened with deportation (an effect of the ‘Hostile Environment’ immigration policy introduced in 2014), revealed a disregard for judicial norms that few had imagined the British state was capable of, at least within its own borders. Within two months of Britain’s departure from the European Union, the political establishment had been engulfed in the unprecedented chaos and horrors of the coronavirus pandemic. Johnson was forced to rein in his jocular nationalism, in an effort to look statesmanlike, serious and deferential to experts. But even then, the government couldn’t resist resorting to deceptive communications tactics, as the prime minister struggled to adopt the necessary gravitas. While the crisis emerged with little warning, ultimately to do far more economic damage to Britain than Brexit, it arrived at a time when trust in the media and politicians was already at a dangerously low ebb.

While the crisis emerged with little warning, ultimately to do far more economic damage to Britain than Brexit, it arrived at a time when trust in the media and politicians was already at a dangerously low ebb. The National Health Service was one of the last remaining unconditional commitments that the state made to society, on which all political parties agreed. While the symbolic reverence for the NHS was ratcheted up further thanks to coronavirus, the assumption that the state could and would protect lives – so fundamental to liberal philosophy – was unable to hold. The health crisis also did unprecedented damage to the economic institution that is more important to liberalism than any other: the labour market. For centuries, labour markets have been integral to how liberal economies meet human needs and establish social peace.

This triggered the surreal spectacle of conservative politicians and newspapers debating the merits of unconditional cash transfers. In the context of rentier capitalism and what Jodi Dean terms ‘neo-feudalism’, the credibility of the labour market was already in decline, as the middle classes turned increasingly to assets in search of security and income.3 The coronavirus ensured that, however the crisis of liberalism was to be resolved, it would not be built upon the familiar bedrock of the wage relation. This litany of crises and scandals spoke of a nation and a state that no longer trusted in the liberal ideals of procedural fairness and independent judgement, and was scarcely pretending to.


pages: 206 words: 64,212

Happy-Go-Lucky by David Sedaris

airport security, Black Lives Matter, coronavirus, COVID-19, cuban missile crisis, David Sedaris, defund the police, desegregation, do what you love, Donald Trump, Ferguson, Missouri, George Floyd, index card, McMansion, Minecraft, pre–internet, QAnon, Skype, social distancing, Transnistria

The moment I got my first shot of the vaccine, I started thinking of the coronavirus the way I think of scurvy—something from a long-ago time that can no longer hurt me, something that mainly pirates get. “Yes,” the papers would say, “but what if there’s a powerful surge this summer? This Christmas? A year from now? What if our next pandemic is worse than this one? What if it kills all the fish and cattle and poultry and affects our skin’s reaction to sunlight? What if it forces everyone to live underground and subsist on earthworms?” My father tested positive for the coronavirus shortly before Christmas, at around the time he started wheeling himself to the front desk at Springmoor and asking if anyone there had seen his mother.

Then no more housekeepers or personal assistants. No more babysitters. No more furniture deliveries. Out on the streets, cabs disappeared. Stores closed or seriously curtailed their hours. The only people who seemed to be working anymore were journalists. Just as I was certain that every aspect of the coronavirus had been exhausted, I found an article on how it was adversely affecting prostitutes. They couldn’t exactly file for unemployment benefits, so many had apparently started GoFundMe campaigns. When I mentioned the article to my agent, Cristina, she said, “I don’t see why they can’t just Skype. Not that it will really fix anything.

Sirens wailed around the clock. Looking back, I can’t believe that I never got sick. Hugh, Amy, and I flew fairly often to North Carolina. There, we’d wave at my father through the window of his locked-down assisted living center. A quick stop for coffee and we’d continue on to Emerald Isle, where the coronavirus was widely thought to be a hoax, and unmasked people looked at you the same way that New York heroin addicts did, as if to say, Yeah, and what the fuck are you going to do about it? It wasn’t strangers I was worried about, though. If COVID were to get me, it would have come from a friend or acquaintance.


pages: 363 words: 109,077

The Raging 2020s: Companies, Countries, People - and the Fight for Our Future by Alec Ross

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, Affordable Care Act / Obamacare, air gap, air traffic controllers' union, Airbnb, Albert Einstein, An Inconvenient Truth, autonomous vehicles, barriers to entry, benefit corporation, Bernie Sanders, Big Tech, big-box store, British Empire, call centre, capital controls, clean water, collective bargaining, computer vision, coronavirus, corporate governance, corporate raider, COVID-19, deep learning, Deng Xiaoping, Didi Chuxing, disinformation, Dissolution of the Soviet Union, Donald Trump, Double Irish / Dutch Sandwich, drone strike, dumpster diving, employer provided health coverage, Francis Fukuyama: the end of history, future of work, general purpose technology, gig economy, Gini coefficient, global supply chain, Goldman Sachs: Vampire Squid, Gordon Gekko, greed is good, high-speed rail, hiring and firing, income inequality, independent contractor, information security, intangible asset, invisible hand, Jeff Bezos, knowledge worker, late capitalism, low skilled workers, Lyft, Marc Andreessen, Marc Benioff, mass immigration, megacity, military-industrial complex, minimum wage unemployment, mittelstand, mortgage tax deduction, natural language processing, Oculus Rift, off-the-grid, offshore financial centre, open economy, OpenAI, Parag Khanna, Paris climate accords, profit motive, race to the bottom, RAND corporation, ride hailing / ride sharing, Robert Bork, rolodex, Ronald Reagan, Salesforce, self-driving car, shareholder value, side hustle, side project, Silicon Valley, smart cities, Social Responsibility of Business Is to Increase Its Profits, sovereign wealth fund, sparse data, special economic zone, Steven Levy, stock buybacks, strikebreaker, TaskRabbit, tech bro, tech worker, transcontinental railway, transfer pricing, Travis Kalanick, trickle-down economics, Uber and Lyft, uber lyft, union organizing, Upton Sinclair, vertical integration, working poor

After the French court’s decision: Carraud and Rosemain, “Google to Pay $1 Billion in France to Settle Fiscal Fraud Probe,” https://www.reuters.com/article/us-france-tech-google-tax/google-agrees-to-550-million-fine-in-france-to-settle-fiscal-fraud-probe-idUSKCN1VX1SM. 5: FOREIGN POLICY: DOES EVERY COMPANY NEED ITS OWN STATE DEPARTMENT, PENTAGON, AND CIA? The Syrian government developed Android apps: Shannon Vavra, “Syrian Government Surveillance Campaign Turns to Spreading Malware in Coronavirus Apps,” Cyberscoop, April 16, 2020, https://www.cyberscoop.com/coronavirus-syria-surveillance-apps-lookout/. In the United States, General Motors: A. J. Baime, “U.S. Auto Industry Came to the Rescue during WWII,” Car and Driver, March 31, 2020, https://www.caranddriver.com/news/a31994388/us-auto-industry-medical-war-production-history/; David Vergun, “During WWII, Industries Transitioned from Peacetime to Wartime Production,” US Department of Defense, March 27, 2020, https://www.defense.gov/Explore/Features/story/Article/2128446/during-wwii-industries-transitioned-from-peacetime-to-wartime-production/.

locations=CN. China now boasts: “GDP (current US$),” World Bank, accessed July 23, 2020, https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true. This view is reinforced by the government: Li Yuan, “With Selective Coronavirus Coverage, China Builds a Culture of Hate,” New York Times, April 22, 2020, https://www.nytimes.com/2020/04/22/business/china-coronavirus-propaganda.html. Most of the four hundred million members: Melissa Cyrill, “China’s Mid- dle Class in 5 Simple Questions,” China Briefing, February 13, 2019, https://www.china-briefing.com/news/chinas-middle-class-5-questions-answered/; Roser and Ortiz-Ospina, “Global Extreme Poverty: How Much Does the Reduction of Falling Poverty in China Matter for the Red- uction of Global Poverty?

Goodman, “The Nordic Way to Economic Recovery,” New York Times, April 2, 2020, https://www.nytimes.com/2020/03/28/business/nordic-way-economic-rescue-virus.html. the program cost an estimated $42 billion: Ulrik Boesen, “Denmark Unplugs the Economy,” Tax Foundation, March 26, 2020, https://taxfoundation.org/denmark-coronavirus-relief-plan/; Matt Apuzzo and Monika Pronczuk, “Covid-19’s Economic Pain Is Universal. But Relief? Depends on Where You Live,” New York Times, April 5, 2020, https://www.nytimes.com/2020/03/23/world/europe/coronavirus-economic-relief-wages.html. “What we’re trying to do”: Derek Thompson, “‘Do More—Fast. Don’t Wait,’” Atlantic, March 24, 2020, https://www.theatlantic.com/ideas/archive/2020/03/denmark-has-a-message-for-america-do-more-fast/608629/.


pages: 338 words: 104,815

Nobody's Fool: Why We Get Taken in and What We Can Do About It by Daniel Simons, Christopher Chabris

Abraham Wald, Airbnb, artificial general intelligence, Bernie Madoff, bitcoin, Bitcoin "FTX", blockchain, Boston Dynamics, butterfly effect, call centre, Carmen Reinhart, Cass Sunstein, ChatGPT, Checklist Manifesto, choice architecture, computer vision, contact tracing, coronavirus, COVID-19, cryptocurrency, DALL-E, data science, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, fake news, false flag, financial thriller, forensic accounting, framing effect, George Akerlof, global pandemic, index fund, information asymmetry, information security, Internet Archive, Jeffrey Epstein, Jim Simons, John von Neumann, Keith Raniere, Kenneth Rogoff, London Whale, lone genius, longitudinal study, loss aversion, Mark Zuckerberg, meta-analysis, moral panic, multilevel marketing, Nelson Mandela, pattern recognition, Pershing Square Capital Management, pets.com, placebo effect, Ponzi scheme, power law, publication bias, randomized controlled trial, replication crisis, risk tolerance, Robert Shiller, Ronald Reagan, Rubik’s Cube, Sam Bankman-Fried, Satoshi Nakamoto, Saturday Night Live, Sharpe ratio, short selling, side hustle, Silicon Valley, Silicon Valley startup, Skype, smart transportation, sovereign wealth fund, statistical model, stem cell, Steve Jobs, sunk-cost fallacy, survivorship bias, systematic bias, TED Talk, transcontinental railway, WikiLeaks, Y2K

Hsu, “A Century After Phony Flu Ads, Companies Hype Dubious Covid Cures,” New York Times, December 24, 2020 [https://www.nytimes.com/2020/12/24/business/media/dubious-covid-cures.html]. The 1918 influenza pandemic saw many such remedies advertised in newspapers and elsewhere: M. M. Phillips and D. Cole, “Coronavirus Advice Is Everywhere. It Was the Same with Spanish Flu,” Wall Street Journal, January 22, 2021 [https://www.wsj.com/story/coronavirus-advice-is-everywhere-it-was-the-same-with-the-spanish-flu-6a25d0d4]. Even today, many highly regarded healthcare organizations and medical professionals offer or recommend therapies for which there is no good scientific evidence or physiological mechanism by which they could work. 3.

We tend to devote more attention to cases that are still around, neglecting those that are not. That bias leads to a systematic misunderstanding of success and failure, one that is especially prevalent in business writing but that plagues many other consequential decisions. You should now be able to see the logical flaw in this statement about coronavirus vaccination by the podcaster Dave Rubin: “I know a lot of people who regret getting the vaccine. Don’t know anyone who regrets not getting it.”10 Remember the bullet-ridden airplane meme whenever you hear someone discuss what they concluded from the information they have. It should cue you to wonder about the information they’re missing, because what’s present is rarely representative of what’s not.

Groups like America’s Frontline Doctors, Front Line COVID-19 Critical Care Alliance, and World Council for Health all have names that resemble those of reputable medical groups (the latter sounds a lot like “World Health Organization”), but all touted questionable treatment and prevention measures during the pandemic, including the antiparasitic drug ivermectin, which was never shown to be effective against the coronavirus. These official-sounding “medical” groups have fancy websites that provide the trimmings of an established organization without any of the meat. For example, ivmeta.com provided an attractively designed page offering impressive-sounding “real-time meta-analysis” of ivermectin studies (a term that has no established meaning outside a network of pro-ivermectin websites).


pages: 194 words: 54,355

100 Things We've Lost to the Internet by Pamela Paul

2021 United States Capitol attack, 23andMe, Big Tech, coronavirus, COVID-19, emotional labour, financial independence, Google Earth, Jaron Lanier, John Perry Barlow, Kickstarter, lock screen, Lyft, Mark Zuckerberg, Minecraft, off-the-grid, pre–internet, QR code, QWERTY keyboard, rolodex, Rubik’s Cube, Silicon Valley, Snapchat, TaskRabbit, telemarketer, TikTok, trickle-down economics, Uber and Lyft, uber lyft, Wall-E

We know too well the Internet’s trickle-down effects on our daily existence, from the screen we tap rather than the button we press when we wake in the morning; from what we do upon rising from bed to what we worry about as we drift off at night; from the particulars of our commute and what happens once we get to work and how we gather as a family when we return home. The ways in which we negotiate the school day and the summer vacation. How we see ourselves and treat one another; how we grow up and how we grow old. All this we know. Less remarked upon is what we used to do instead. I started writing this book well before the coronavirus pandemic hit, already feeling the ways the Internet was navigating where my brain wandered, occasionally startled and at other times lulled by what didn’t always feel like a choice, yet unaware how much deeper the quarantine would plunge me—like everyone else—into a world that was “online only.”

The early Internet likewise allowed for the possibility of shifting presentations, a place where, in text-only chats, you could explore various guises and versions of yourself. That was early days. Today, with every bit of the Internet open to view and capture, people learn to present a single homogenized version lest they somehow slip up and stand out in the wrong way to the wrong person at the wrong moment. The coronavirus quarantine, in which everyone was forced to present online all the time, only exacerbated this process, our home selves melding with our work selves and our social selves, all of us put into BBC Dad’s awkward shoes. On Facebook, you become the same “you” to your friends, your co-workers, your parents, and your future children.

You can sync and seamlessly integrate personal and professional agendas. Everyone knows where you are and where you will be, when you’re available and when you’re not. In other words, your personal agenda is no longer strictly personal. I, for one, would rather live a life of a thousand missed appointments. Only during the coronavirus pandemic did I find myself sending Google invites of necessity, attending prearranged Zooms. All was nonetheless double entered into my companion Levenger. My new one. Of course I went and bought another one—online—right away. Few retail shops sell such items anymore. In 2020, the mega-chain Papyrus went bankrupt.


pages: 486 words: 150,849

Evil Geniuses: The Unmaking of America: A Recent History by Kurt Andersen

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, affirmative action, Affordable Care Act / Obamacare, air traffic controllers' union, airline deregulation, airport security, Alan Greenspan, always be closing, American ideology, American Legislative Exchange Council, An Inconvenient Truth, anti-communist, Apple's 1984 Super Bowl advert, artificial general intelligence, autonomous vehicles, basic income, Bear Stearns, Bernie Sanders, blue-collar work, Bonfire of the Vanities, bonus culture, Burning Man, call centre, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Cass Sunstein, centre right, computer age, contact tracing, coronavirus, corporate governance, corporate raider, cotton gin, COVID-19, creative destruction, Credit Default Swap, cryptocurrency, deep learning, DeepMind, deindustrialization, Donald Trump, Dr. Strangelove, Elon Musk, ending welfare as we know it, Erik Brynjolfsson, feminist movement, financial deregulation, financial innovation, Francis Fukuyama: the end of history, future of work, Future Shock, game design, General Motors Futurama, George Floyd, George Gilder, Gordon Gekko, greed is good, Herbert Marcuse, Herman Kahn, High speed trading, hive mind, income inequality, industrial robot, interchangeable parts, invisible hand, Isaac Newton, It's morning again in America, James Watt: steam engine, Jane Jacobs, Jaron Lanier, Jeff Bezos, jitney, Joan Didion, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, junk bonds, Kevin Roose, knowledge worker, lockdown, low skilled workers, Lyft, Mark Zuckerberg, market bubble, mass immigration, mass incarceration, Menlo Park, Naomi Klein, new economy, Norbert Wiener, Norman Mailer, obamacare, Overton Window, Peter Thiel, Picturephone, plutocrats, post-industrial society, Powell Memorandum, pre–internet, public intellectual, Ralph Nader, Right to Buy, road to serfdom, Robert Bork, Robert Gordon, Robert Mercer, Ronald Reagan, Saturday Night Live, Seaside, Florida, Second Machine Age, shareholder value, Silicon Valley, social distancing, Social Responsibility of Business Is to Increase Its Profits, Steve Jobs, Stewart Brand, stock buybacks, strikebreaker, tech billionaire, The Death and Life of Great American Cities, The Future of Employment, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Tim Cook: Apple, too big to fail, trickle-down economics, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, union organizing, universal basic income, Unsafe at Any Speed, urban planning, urban renewal, very high income, wage slave, Wall-E, War on Poverty, We are all Keynesians now, Whole Earth Catalog, winner-take-all economy, women in the workforce, working poor, young professional, éminence grise

Those next eleven days in March were a remarkable time to watch America’s evil genius squadrons scramble the jets. On that same Monday, March 16, when the shutdown really started, the conservative Hoover Institution published a piece called “Coronavirus Perspective” recommending against any restrictions on the economy because the pandemic just wasn’t going to be a major public health problem. “In the United States, the current 67 deaths should reach about 500” in all, the Stanford think tank article projected, and in a quick follow-up article called “Coronavirus Overreaction,” the same writer completely showed his ideological cards. “Progressives think they can run everyone’s lives through central planning,” he warned, so don’t let them do it to fight the spread of this no-big-deal disease.

In early spring, when COVID-19 had killed only dozens of Americans, Stuart Stevens, a strategist for four of the five previous GOP presidential nominees but now a fierce apostate, wrote that “those of us in the Republican Party built this moment,” because “the failures of the government’s response to the coronavirus crisis can be traced directly to some of the toxic fantasies now dear to the Republican Party….Government is bad. Establishment experts are overrated or just plain wrong. Science is suspect.” He could have also listed Believe in our perfect mythical yesteryear, All hail big business, Short-term profits are everything, Inequality’s not so bad, Universal healthcare is tyranny, Liberty equals selfishness, Co-opt liberals, and Entitled to our own facts as operating principles of the Republican Party and the right.

From the start in 2020, the reckless right, with the president in the lead, encouraged Americans to disbelieve virologists, epidemiologists, and other scientific experts, because trusting them would be bad for business and stock prices. Entitled to our own facts. That systematic spread of coronavirus misinformation by Trump and the right through the first pandemic winter couldn’t have happened without the creation in the late 1980s (Rush Limbaugh) and ’90s (Fox News) of big-time right-wing mass media. Their continuous erasure of distinctions between fact and opinion has always served the propaganda purposes of the political party most devoted to serving the interests of big business and investors, and during the COVID-19 crises—Reopen now—they attempted to serve those interests directly.


pages: 389 words: 111,372

Raising Lazarus: Hope, Justice, and the Future of America’s Overdose Crisis by Beth Macy

2021 United States Capitol attack, Affordable Care Act / Obamacare, Bernie Sanders, big-box store, Black Lives Matter, coronavirus, COVID-19, critical race theory, crowdsourcing, defund the police, Donald Trump, drug harm reduction, Easter island, fake news, Haight Ashbury, half of the world's population has never made a phone call, knowledge economy, labor-force participation, Laura Poitras, liberation theology, mandatory minimum, mass incarceration, medical malpractice, medical residency, mutually assured destruction, New Journalism, NSO Group, obamacare, off grid, opioid epidemic / opioid crisis, Overton Window, pill mill, Ponzi scheme, QAnon, RAND corporation, rent-seeking, Ronald Reagan, shareholder value, single-payer health, social distancing, The Chicago School, Upton Sinclair, working poor, working-age population, Y2K, zero-sum game

Despite their friend’s connections and relative affluence, she could not access a COVID test when she got sick. “Economists know the free market doesn’t respond to emergencies—you don’t put out a bid when someone’s drowning in the ocean,” Deaton said. The madness that was America’s piss-poor response to the coronavirus was the same madness that had long imperiled addiction treatment, only literally no one was immune from COVID, not even then-President Trump. “Illicit drugs can’t get here from China now, but the ABC stores will deliver booze to your door!” a recovery leader told me. More people were overdosing from contaminated synthetics manufactured in basements and back rooms.

So-called suspicious orders were supposed to be red flags, but policing such orders was now handled by a kind of honor system, left to corporations that had given up honor in favor of enhanced shareholder value long ago. As Eyre predicted in an op-ed: “AmerisourceBergen will deny wrongdoing. Lawyers will scoop up a third of the cash. Politicians will steer the bulk of the money to fill budget holes wrought by the coronavirus shutdown. Only a small percentage, I fear, will be allocated to help West Virginians get through opioid-use-disorder treatment, which can take three to five years.” Suffering from a moderate stage of Parkinson’s disease, Eyre had left the Charleston Gazette-Mail and was working for a scrappy online news start-up, Mountain State Spotlight.

The Drug Policy Alliance and ACLU estimated the annual amount of War on Drugs spending to be $51 billion, as drug possession continues to be the number one arrest in the United States; see: Matt Sutton, “On 50th Anniversary of ‘War on Drugs,’ New Poll Shows Majority of Voters Support Ending Criminal Penalties for Drug Possession, Think Drug War Is a Failure,” drugpolicy.org, June 9, 2021. Also see: Derek Hawkins and William Wan, “Health agencies’ fund cuts challenge coronavirus response,” Washington Post, March 8, 2020. “secret of the care”: Dr. Francis Peabody, from a lecture given to Harvard Medical School students, October 21, 1926. three thousand jobs: Michael Hyland, “Apple to bring 3,000 jobs to Wake County, build RTP campus, invest more than $1 billion in NC,” CBS17.com, April 26, 2021.


pages: 393 words: 102,801

Welcome to Britain: Fixing Our Broken Immigration System by Colin Yeo;

barriers to entry, Boris Johnson, Brexit referendum, British Empire, coronavirus, COVID-19, Donald Trump, G4S, illegal immigration, immigration reform, Jeremy Corbyn, low skilled workers, lump of labour, open immigration, post-war consensus, self-driving car, Shamima Begum, Skype, Socratic dialogue

Because of the net migration target discussed in Chapter 2, and by means of the hostile environment policies discussed in Chapter 3, we have seen the introduction of a raft of policies actively encouraging race discrimination in day-to-day life. Meanwhile, other aspects of immigration policy discussed in this book have deliberately dampened the life outcomes for migrants who settle here, in a vain attempt to deter them from coming in the first place. The twin shocks of Brexit and the coronavirus pandemic that was taking hold as this book went to press give us an opportunity to change direction and embrace a more equal, fair and respectful approach to those migrants who make this country their home. NOTES 1 See Winder, Bloody Foreigners, pp. 279–81 and ‘Nicholas Winton, Rescuer of 669 Children from Holocaust, Dies at 106’, New York Times, 1 July 2015. 2 See for example Randell Hansen, Citizenship and Immigration in Post-War Britain (Oxford: Oxford University Press, 2000) and Goodfellow, Hostile Environment. 3 See Will Somerville, Immigration under New Labour (Bristol: Policy Press, 2007), p. 14 and Winder, Bloody Foreigners, pp. 330–31. 4 ‘Papers released under 30-year rule reveal full force of Thatcher’s fury’, The Guardian, 30 December 2009. 5 Winder, Bloody Foreigners. 6 Hansen, Citizenship and Immigration in Post-War Britain, pp. 57, 59. 7 Ibid. 8 Gary Freeman, writing in Cornelius, Tsuda, Martin and Hollifield (eds), Controlling Immigration: A Global Perspective (Stanford: Stanford University Press, 1994). 9 See for example ‘Dutch woman with two British children told to leave UK after 24 years’, The Guardian, 28 December 2016.

The decision was reversed some six weeks later after a media outcry, but she died a year afterwards.49 There are also reports of very ill patients wrongly being turned away by hospitals and pregnant women being afraid to seek antenatal care for fear of the immigration consequences, with obvious risks to their own health and the health of their babies.50 As has been starkly illustrated by the coronavirus crisis, other illnesses are contagious and have wider public health implications. It is critically important that vaccination rates are very high amongst the public, for example, and that transmissible conditions such as HIV, tuberculosis or new diseases like Covid-19 are identified and treated.

In 2017, the Law Commission, the official body tasked with legal reform, was asked by then Home Secretary Amber Rudd ‘to review our immigration laws with a view to simplifying them’.15 The report was produced in January 2020 and partially accepted by the Home Office a couple of months later just as the coronavirus crisis was beginning. Arguably rather optimistically, the Home Office said it intended to completely rewrite and reissue the whole of the Immigration Rules by January 2021.16 Simplifying and rewriting the Immigration Rules would be very welcome indeed, but still this would not address the stream of primary and secondary legislation that spews forth from the government so frequently.


pages: 320 words: 95,629

Decoding the World: A Roadmap for the Questioner by Po Bronson

23andMe, 3D printing, 4chan, Abraham Maslow, Affordable Care Act / Obamacare, altcoin, Apple's 1984 Super Bowl advert, Asilomar, autonomous vehicles, basic income, Big Tech, bitcoin, blockchain, Burning Man, call centre, carbon credits, carbon tax, cognitive bias, cognitive dissonance, coronavirus, COVID-19, CRISPR, cryptocurrency, decarbonisation, deep learning, deepfake, DeepMind, dematerialisation, Donald Trump, driverless car, dumpster diving, edge city, Ethereum, ethereum blockchain, Eyjafjallajökull, factory automation, fake news, financial independence, Google X / Alphabet X, green new deal, income inequality, industrial robot, Isaac Newton, Jeff Bezos, Kevin Kelly, Kickstarter, Mars Rover, mass immigration, McMansion, means of production, microbiome, microplastics / micro fibres, oil shale / tar sands, opioid epidemic / opioid crisis, Paul Graham, paypal mafia, phenotype, Ponzi scheme, power law, quantum entanglement, Ronald Reagan, Sand Hill Road, sharing economy, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, smart contracts, source of truth, stem cell, Steve Jobs, Steve Jurvetson, sustainable-tourism, synthetic biology, Tesla Model S, too big to fail, trade route, universal basic income, Watson beat the top human players on Jeopardy!, women in the workforce

During their time at IndieBio, which was just a few months ago, Caspr discovered a brand-new Cas9 variation and a novel Cas12a variant. When coronavirus started killing people in Wuhan, China, it took Caspr only two weeks to develop a rapid, one-hour diagnostic test to detect coronavirus infection. It doesn’t diagnose symptoms, like other tests. It detects corona at the DNA-matching level. So Caspr isn’t using CRISPR to edit the genome; it’s using CRISPR to detect the presence of a code—in this case, coronavirus—but they’ve also done Zika and many superbugs. CRISPR’s main feature is it cuts the genome when it spots a target code.

The high cost and risk of development requires him to have the patent protection, and the more the better. If you can’t beat ’em, join ’em. Two weeks later, I’m back in San Francisco when Franco Goytia, the CEO of Caspr, walks in. Hugs all around. Just two days ago, Caspr was in the news all over Latin America for inventing its DNA-based detection of coronavirus. As of this morning, coronavirus has killed 1,018 people. Now Franco has something more to show us. Our IndieBio team piles into a room, and Franco gets his team on the phone from Argentina. “We found a way to get our own method-of-use CRISPR patent,” Franco announces. “Walk us through it,” I ask. “To be patentable, it has to both be different and improve performance,” Franco says.

Classification: LCC TP248.6 .B76 2020 | DDC 660.6/5—dc23 LC record available at https://lccn.loc.gov/2020014841 ISBNs: 978-1-5387-3431-5 (hardcover), 978-1-5387-3432-2 (ebook), 978-1-5387-5419-1 (international) E3-20200917-JV-NF-ORI Contents Cover Title Page Copyright Dedication About the Cover Art About This Book Authors’ Note 1. First Coronavirus Death in U.S. and New Cases Detected as Testing Expands WASHINGTON POST 2. “World’s Supermarket” Returns as Epidemic Eases in China THE STAR 3. Silicon Valley’s New Obsession: Boring-Ass Startups THE HUSTLE 4. 33.48 Tons of Dead Fish Collected in Pinellas County as Red Tide Bloom Lingers ABC ACTION NEWS 5.


pages: 627 words: 89,295

The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy by Katherine M. Gehl, Michael E. Porter

Affordable Care Act / Obamacare, barriers to entry, business cycle, capital controls, carbon footprint, collective bargaining, coronavirus, COVID-19, David Brooks, deindustrialization, disintermediation, Donald Trump, first-past-the-post, future of work, guest worker program, hiring and firing, Ida Tarbell, illegal immigration, immigration reform, Joseph Schumpeter, Kickstarter, labor-force participation, Menlo Park, military-industrial complex, Multics, new economy, obamacare, pension reform, Ronald Reagan, Silicon Valley, stem cell, Steve Jobs, Upton Sinclair, zero-sum game

Michael and I are all in. Are you? —Katherine Gehl Notes Authors’ Note 1. “158 Million Americans Told to Stay Home, but Trump Pledges to Keep It Short,” The Coronavirus Outbreak, New York Times, March 23, 2020, https://www.nytimes.com/2020/03/23/world/coronavirus-news.html. 2. Josh Mitchell and Josh Zumbrun, “Coronavirus-Triggered Downturn Could Cost FiveMillion U.S. Jobs,” Wall Street Journal, March 21, 2020, https://www.wsj.com/articles/coronavirus-triggered-downturn-could-cost-5-million-u-s-jobs-11584783001. Preface 1. Appreciation to Greg Orman for the idea of learned helplessness. Introduction 1.

We’re excited about the possibilities. This book arrives not a moment too soon. Please engage—we owe it to our extraordinary country to do so. Authors’ Note Pandemic 2020 As publishing deadlines pass for The Politics Industry, the world is racing to beat back a nationless, faceless, dangerous adversary: the coronavirus (COVID-19) pandemic. Currently, one in four Americans have been ordered to “shelter in place.”1 Metropolitan hospitals are becoming overwhelmed, medical supplies are running short, and getting infected appears to be easier than getting tested. Many predict a trailing economic depression, with impacts that could be more painful for our country than those of the virus itself.2 It is surreal.

The threat of the next binary election continues to outweigh at times the pressing concerns of the day when it comes to proactive lawmaking in Congress. Finally, as with the Cold War, 9/11, and the Great Recession, there will be American children who remember where they were when the news of the coronavirus pandemic first broke and what happened to their families during the nation’s response to it. The pandemic and its aftermath will define generations. But it could also redefine our politics. When a new normal comes, there will be a moment; a window for big, sweeping change. For the good of all Americans, and to honor those we will have lost and the sacrifices made by so many, we pray that enough of us will put country over party and invest in the political innovation that can revivify our politics with healthy competition—and make sure we don’t get caught unprepared again.


pages: 304 words: 86,028

Bootstrapped: Liberating Ourselves From the American Dream by Alissa Quart

2021 United States Capitol attack, 3D printing, affirmative action, Affordable Care Act / Obamacare, Alan Greenspan, Bernie Sanders, Black Lives Matter, Burning Man, Capital in the Twenty-First Century by Thomas Piketty, carried interest, coronavirus, COVID-19, critical race theory, crowdsourcing, Daniel Kahneman / Amos Tversky, David Graeber, defund the police, Donald Trump, Elon Musk, financial independence, fixed income, George Floyd, gig economy, glass ceiling, high net worth, housing justice, hustle culture, illegal immigration, impact investing, income inequality, independent contractor, invisible hand, Jeff Bezos, lockdown, longitudinal study, loss aversion, Lyft, Marc Benioff, Mark Zuckerberg, meta-analysis, microaggression, Milgram experiment, minimum wage unemployment, multilevel marketing, obamacare, Overton Window, payday loans, post-work, Ralph Waldo Emerson, ride hailing / ride sharing, Ronald Reagan, Salesforce, Scientific racism, sharing economy, Sheryl Sandberg, side hustle, Silicon Valley, Silicon Valley ideology, Snapchat, social distancing, Steve Jobs, Steve Wozniak, tech worker, TED Talk, Travis Kalanick, trickle-down economics, Uber and Lyft, uber lyft, union organizing, W. E. B. Du Bois, wealth creators, women in the workforce, working poor, Works Progress Administration

“Another government stimulus package is not in the best interests of the people imo,” he tweeted, irksomely, during the first summer of the pandemic, while his companies continued to benefit from the generosity of the government. (Musk also argued against protecting citizens from contagion, saying early during the coronavirus lockdown, “You should be allowed to do what you want,” and insisting that he keep his California plant open during the pandemic, imperiling his workers.) That the rich deserve their money is a fiction that crosses party lines, though—it knows green more than blue or red and adheres to the sort of rich person who claims to believe in good government as well.

An even more repellent example of this was when a South Dakota hockey team and mortgage lender in 2021 threw a promotional event called “Dash for Cash,” where underpaid schoolteachers were encouraged to crawl and slither on a rink’s ice grabbing $5,000 worth of dollar bills off the cold surface and stuffing them in their clothes during an intermission. This filmed occasion went viral. And when the pandemic hit, Americans’ dependence on the dystopian social safety net only grew. Families used GoFundMe to underwrite their food costs while they stayed at coronavirus isolation hotels or to pay for Zoom funerals after COVID deaths. Others campaigned for essential workers, for beloved bookstores and restaurants set to close. A GoFundMe page raised over $50,000 for two Black FedEx drivers who claimed they were fired over a viral video confrontation with a customer in May 2020.

Instacart’s bootstrapping owner, Apoorva Mehta, was often admiringly cited in the press as an “immigrant founder” who provides “essential services,” giving “jobs and a lifeline to many,” but the astronomical valuation of his company contrasted sharply with how pinched the contractors’ personal budgets were. Mehta, “the serial entrepreneur” behind Instacart, was, by June 2020, according to Forbes, “leading a $13.7 billion unicorn after demand for grocery delivery skyrocketed during the coronavirus pandemic,” writing approvingly that Mehta’s grocery delivery service was tamping down the efforts of “rebellious workers.” The CFOs and CEOs had their individualistic mantras, yet in truth these potentates depended on masses of people like her. Bain, when I first spoke to her, was working a gig job that is sometimes referred to as a “hustle,” or a “side hustle,” if it takes up a smaller slice of a person’s overall hours.


pages: 415 words: 102,982

Who’s Raising the Kids?: Big Tech, Big Business, and the Lives of Children by Susan Linn

Albert Einstein, algorithmic bias, Apple's 1984 Super Bowl advert, augmented reality, benefit corporation, Big Tech, big-box store, BIPOC, Black Lives Matter, British Empire, cashless society, clean water, coronavirus, COVID-19, delayed gratification, digital divide, digital rights, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, fake news, gamification, George Floyd, Howard Zinn, impulse control, Internet of things, Isaac Newton, Jaron Lanier, Jeff Bezos, Kevin Roose, Khan Academy, language acquisition, late fees, lockdown, longitudinal study, Mark Zuckerberg, market design, meta-analysis, Minecraft, neurotypical, new economy, Nicholas Carr, planned obsolescence, plant based meat, precautionary principle, Ralph Nader, RAND corporation, randomized controlled trial, retail therapy, Ronald Reagan, Salesforce, Shoshana Zuboff, Silicon Valley, Snapchat, Steve Jobs, surveillance capitalism, techlash, theory of mind, TikTok, Tim Cook: Apple

Notes A NOTE TO THE READER Seth Godin, All Marketers Are Liars: The Power of Telling Authentic Stories in an Untrusting World (New York: Portfolio, 2005), 8.   1.  Aaron Rupar, “Trump’s Friday Night Effort to Weaponize Coronavirus Against His Enemies Has Already Aged Poorly,” Vox, February 29, 2020.   2.  White House Press Conference, “Remarks by President Trump, Vice President Pence, and Members of the Coronavirus Task Force in Press Briefing,” The White House, March 24, 2020, trumpwhitehouse.archives.gov/briefings-statements/remarks-president-trump-vice-president-pence-members-coronavirus-task-force-press-briefing-10.   3.  An excellent summary of the harms advertising and marketing do to Black and Brown children can be found at “Black Childhood Matters,” Campaign for a Commercial-Free Childhood, commercialfreechildhood.org/black-childhood-matters.   4.  

At the time, I thought this was the pinnacle of a market-driven society. But while Donald Trump may be the embodiment of a hyper-commercialized culture, he’s also the result rather than the cause. A scary number of Americans still buy the lie that he won a bid for re-election that he empirically lost. And speaking of lies, we lost our best chance to thwart the coronavirus because pundits and politicians—aided by Facebook* and by other profit-hungry tech and media conglomerates—sold millions of people on blatant fabrications that denigrated real life-saving protections like vaccines and face masks. Advertising targets emotions, not intellect, and is designed to forestall critical thinking.

Advertising targets emotions, not intellect, and is designed to forestall critical thinking. Iconic slogans like Nike’s “Just Do It,” Sprite’s “Obey Your Thirst,” and Pepsi’s “Live for Now” glorify impulsivity. When I was in Korea several years ago, the slogan for Coke was “Stop Thinking.” I began to understand the United States’ colossal and tragic failure to contain the coronavirus in its early days, potentially saving hundreds of thousands of lives, as a macabre affirmation of the power of marketing. The Trump administration’s handling of the virus certainly seemed to embrace the essence of Seth Godin’s marketing maxim: facts are irrelevant. (“The virus is a hoax.”1 “It’s something we have tremendous control over.”2) What really matters is what people believe.


pages: 362 words: 87,462

Laziness Does Not Exist by Devon Price

Affordable Care Act / Obamacare, call centre, coronavirus, COVID-19, data science, demand response, Donald Trump, emotional labour, fake news, financial independence, Firefox, gamification, gig economy, Google Chrome, helicopter parent, impulse control, Jean Tirole, job automation, job satisfaction, Lyft, meta-analysis, Minecraft, New Journalism, off-the-grid, pattern recognition, prosperity theology / prosperity gospel / gospel of success, randomized controlled trial, remote working, Saturday Night Live, selection bias, side hustle, side project, Silicon Valley, social distancing, strikebreaker, TaskRabbit, TikTok, traumatic brain injury, uber lyft, working poor

Kate Gibson, “American Airlines Accused of Punishing Workers Who Use Sick Time,” CBS News, July 25, 2019, https://www.cbsnews.com/news/american-airlines-accused-of-punishing-workers-who-use-sick-time/. 27. Diana Boesch, Sarah Jane Glynn, and Shilpa Phadke, “Lack of Paid Leave Risks Public Health during the Coronavirus Outbreak,” Center for American Progress, March 12, 2020, https://www.americanprogress.org/issues/women/news/2020/03/12/481609/lack-paid-leave-risks-public-health-coronavirus-outbreak/. 28. “Paid Sick Days Improve Public Health,” National Partnership for Women & Families, February 2020, https://www.nationalpartnership.org/our-work/resources/economic-justice/paid-sick-days/paid-sick-days-improve-our-public-health.pdf. 29.

Retired people often become depressed and see their lives as devoid of purpose.8 Like unemployed people, retired folks often report feeling directionless and lonesome. Their isolation and lack of daily structure can make them sick, putting them at an elevated risk of heart disease.9 Many of us spend our entire adult lives dreading this period of life, or we put it off by continuing to work past the point that’s healthy for us.10 When the coronavirus hit Chicago and all the bars shut down, Michael was immediately overtaken by panic and dread. He had worked nearly every day of his adult life, and with the bars closed, he had no idea what to do with himself or how he would go about making money. So, he set out to open a speakeasy in an empty storefront in the city.

And we’re not paranoid for having that fear—in 2019, American Airlines was sued by New York City’s Department of Consumer and Work Protection for having punished and threatened workers who used their sick days.26 When companies fail to provide employees with adequate sick-leave policies and managers bully their workers into working while ill, the public health consequences are massive. Many sick employees spread the coronavirus to their coworkers and fellow commuters because they weren’t able to take time off from work in the early days of the pandemic.27 On a more mundane level, sick food-service employees often have no choice but to come in to work and spread their illness to fellow workers and patrons; 81 percent of food-industry workers have no employer-provided sick days.28 When people do get the chance to leave their workplaces, they still struggle with the temptation to continue working remotely.


pages: 26 words: 5,240

Autism After the Pandemic: A Step by Step Guide to Successfully Transition Back to School and Work by James Ball, Kristie Lofland

autism spectrum disorder, coronavirus, COVID-19, Silicon Valley, social distancing

A Teaching Strategy that can Save You Time: Chaining https://autismclassroomresources.com/a-teaching-strategy-that-can-save-you-time-chaining/ Accessible ABA website: Use Chaining and Task Analysis to Help Your Child with Autism https://accessibleaba.com/blog/chaining-task-analysis-autism REINFORCEMENT/MOTIVATIONAL SYSTEM Autism Behavior Therapy website: Free Printable First-and-Then Board https://autismbehaviourtherapy.com/free-printable-first-and-then-board/ StoryboardThat website: First Then Board Printable Template https://www.storyboardthat.com/storyboards/mon_shari/first-then-template Teachers Pay Teachers website: First-Then Schedule Board Freebie https://www.teacherspayteachers.com/Product/First-Then- Schedule-Board-Freebie-713428 ANTICIPATE THEIR SENSORY NEEDS AND BE PREPARED Noodle Nook website: COVID-19 Social Story FREE! http://www.noodlenook.net/covid-19-social-story-free/ PA Autism website: Wearing a Mask Social Story https://paautism.org/resource/wearing-mask-social-story/ Teachers Pay Teachers website: “We Wear Masks” – Coronavirus Social Story about Wearing a Mask https://www.teacherspayteachers.com/Product/We-Wear-Masks-Coronavirus-Social-Story-about-Wearing-a-Mask-5425981 Autism Little Learners website: Seeing People Wearing Masks Story https://www.autismlittlelearners.com/2020/04/seeing-people-wearing-masks-story.html Autism Research Institute website: I Can Wear a Mask Social Story https://www.autism.org/wp-content/uploads/2020/04/I-can-wear-a-mask-1-1.pdf YouTube – Jordan Drane: Wearing a Mask: A Social Narrative for Children https://www.youtube.com/watch?


pages: 319 words: 75,257

Trumpocalypse: Restoring American Democracy by David Frum

Affordable Care Act / Obamacare, anti-globalists, Bernie Sanders, carbon tax, centre right, coronavirus, currency manipulation / currency intervention, decarbonisation, deplatforming, disinformation, Donald Trump, Edward Snowden, employer provided health coverage, fake news, green new deal, Greta Thunberg, illegal immigration, immigration reform, labor-force participation, manufacturing employment, mass immigration, microaggression, Mikhail Gorbachev, Nate Silver, obamacare, offshore financial centre, open immigration, Paris climate accords, Peter Thiel, plutocrats, QAnon, rent-seeking, Ronald Reagan, Saturday Night Live, Silicon Valley, Steve Bannon, W. E. B. Du Bois

“The attempt to deflect and blame the media and Democrats from Trish Regan, Sean Hannity, Laura Ingraham, Lou Dobbs, Jesse Watters, and Greg Gutfeld instead of addressing the coronavirus is really irresponsible and hazardous to our viewers,” an unnamed producer at Fox News told CNN’s Brian Stelter. The producer could have added Jeanine Pirro, the Fox & Friends crew, and so many others, hosts and guests, as well as the radio personality Rush Limbaugh, who argued on air that health professionals were exaggerating the risks of coronavirus in order to stop Trump’s primary-season rallies. These pro-Trump talkers were serving Trump as he demanded to be served, and as they had so devotedly served him before.

When the crisis could be denied no further, his first thought was to game the stock market a little longer. His second thought was to bail out casinos and hotels—including his own. Since his bankruptcies at the end of the 1980s, Trump has contrived schemes and scams to keep his creditors at bay for the next twenty-four hours. That is how he has managed the coronavirus crisis. Each day he devised some new fantasy in the hope of lulling his supporters and boosting financial indexes. Through ten squandered weeks, Trump’s digital friends on television, radio, and social media parroted back to him the lies he tweeted at them. There was never any plan. There was only a frantic surge of empty words to continue the flimflam one day longer.

Trump insisted there was nothing to worry about, the virus was only the common flu, that the number of cases would soon drop to zero, that he had imposed airtight containment, that there was nothing to worry about. His allies seconded his message. His supporters believed it. Trump responds to challenge by directing rage at some designated enemy. Hence his attempt to rebrand coronavirus as “the Chinese virus,” so that there would be some target of hatred more satisfying than a microorganism. Tens of millions of Americans responded instinctually to Trump’s incitement against the media, against the cities, against China. Even if plague and recession topple Trump from the presidency, that core Trump base will remain, alienated and resentful.


pages: 345 words: 100,989

The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal by Duncan Mavin

"World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Adam Neumann (WeWork), air freight, banking crisis, Bernie Madoff, Big Tech, Boeing 737 MAX, Boris Johnson, Brexit referendum, British Empire, carbon footprint, coronavirus, corporate governance, COVID-19, Credit Default Swap, democratizing finance, Donald Trump, Eyjafjallajökull, financial engineering, fixed income, global pandemic, global supply chain, Gordon Gekko, Greensill Capital, high net worth, Kickstarter, lockdown, Long Term Capital Management, low interest rates, Masayoshi Son, means of production, Menlo Park, mittelstand, move fast and break things, NetJets, Network effects, Ponzi scheme, private military company, proprietary trading, remote working, rewilding, Rishi Sunak, rolodex, Silicon Valley, skunkworks, SoftBank, sovereign wealth fund, supply chain finance, Tim Haywood, Vision Fund, WeWork, work culture

Glossary BaFin – Germany’s top financial regulator, the Federal Financial Supervisory Authority, or BaFin, earned a less than impressive reputation for its handling of a series of corporate scandals. BaFin’s officials were the primary authority responsible for regulating Germany-based Greensill Bank. CBILS, CLBILS and CCFF – The Coronavirus Business Interruption Loan Scheme, Coronavirus Large Business Interruption Loan Scheme and Covid Corporate Finance Facility were all set up by the UK government in response to the devastating impact of the Covid-19 pandemic and resulting lockdowns on the country’s economy. Greensill Capital sought access to all of these facilities as the struggling company scrambled to find new sources of funding to support loans it had made.

Index Aar Tee Commodities ref1 Abengoa ref1, ref2 Accenture ref1, ref2 Agritrade ref1 Ahearn, John ref1 AIG ref1, ref2, ref3, ref4, ref5 Aigis Banca ref1, ref2 Allesch-Taylor, Stefan ref1, ref2 Allin, Patrick ref1 anti-money-laundering (AML) questions ref1 ANZ ref1 Apollo Global Management ref1, ref2 Apple ref1 Aramco ref1 ArcelorMittal ref1 Archegos ref1 Arthur Andersen ref1 Asda ref1 Atlantic 57 Consultancy ref1, ref2, ref3, ref4, ref5 Auditing Association of German Banks ref1 Augustus Asset Managers ref1 Austin, Jason ref1, ref2 Australia ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19 Australian Taxation Office ref1 Aviva ref1 BAE Systems ref1 Baer, Julius ref1, ref2 BaFin ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11 Bailey, Andrew ref1 Bank of America ref1 Bank of England ref1, ref2, ref3, ref4 Barclays ref1, ref2 Barnes, Rob ref1, ref2, ref3 Barrell, Neil ref1 Barron’s ref1, ref2, ref3 Bates, Chris ref1, ref2, ref3, ref4 Battershill, William ref1, ref2 Baylis, Natalie ref1 BBB see British Business Bank BBC News ref1 BBVA ref1 BCLP see Bryan Cave Leighton Paisner BDO ref1, ref2 Becker, Arthur ref1 Berkshire Hathaway ref1 Bethell, Richard, 6th Baron Westbury ref1, ref2 Bingera ref1 Bishop, Julie ref1, ref2 BlackRock ref1, ref2, ref3 Blackstone ref1 Blair, Tony ref1, ref2, ref3, ref4 Bloomberg ref1, ref2, ref3 Bloomberg News ref1, ref2, ref3, ref4 Bluestone Resources Inc. ref1, ref2, ref3, ref4, ref5 Blunkett, David ref1, ref2 BNP Paribas ref1 Boeing ref1, ref2, ref3, ref4 737 Max 8 aircraft ref1 Bond and Credit Company, The (TBCC) ref1, ref2, ref3, ref4, ref5, ref6, ref7 Borbely, Barnabas ref1 Borneo ref1 Breedon, Tim ref1 Breedon report ref1 Brereton, Greg ref1 Brexit referendum ref1 Brierwood, David ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 Brighthouse ref1 British Business Bank (BBB) ref1, ref2, ref3 British Gas ref1 Brown, Eliot ref1 Brown, Gordon ref1, ref2 Bryan Cave Leighton Paisner (BCLP) ref1 BSi Steel ref1, ref2, ref3, ref4 Buckingham Palace ref1, ref2, ref3, ref4 Buffett, Warren ref1 Bundaberg, Queensland, Australia ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 Bunge ref1 Business, Energy and Industrial Strategy committee ref1 Cabinet Office ref1, ref2, ref3 Caillaux, Gabe ref1, ref2, ref3, ref4, ref5, ref6 Callahan, Mark ref1 Cameron, David ref1, ref2, ref3, ref4, ref5 ‘Big Society’ policy ref1 and Earnd ref1 Greensill remuneration ref1 and Greensill’s collapse ref1, ref2, ref3, ref4, ref5 hired as Greensill adviser ref1, ref2 lends credibility to Greensill ref1 and Lex ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 and Mohammed Bin Salman ref1 and the pharmacy plan ref1 role at Greensill during the Covid-19 pandemic ref1 and The Bond and Credit Company ref1 Cameron, Samantha ref1 Cameron administration ref1, ref2 Cantor Fitzgerald ref1, ref2, ref3 Carillion ref1, ref2 ‘early payment facility’ ref1 Carlyle Group ref1 Carna ref1 Carnell, Kate ref1, ref2 Carney, Mark ref1 Carrington ref1 Carson Block ref1 Carusillo, Mickey ref1 Casey, Dame Louise ref1 ‘cash-less rolls’ ref1 Catfoss group ref1, ref2, ref3 central banks ref1 Chap (magazine) ref1 Charles, Prince ref1, ref2, ref3, ref4 Chase Manhattan ref1 CHBG Limited ref1 Chehaoduo ref1, ref2 Chelsea Group ref1 Chelsea Village ref1 Chicago Police Pension Fund ref1 Chilean mining ref1 Chubb ref1 Chuk ref1 CIMIC ref1, ref2 Citibank ref1 Citigroup ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13 City, the ref1 Clarke, Tracy ref1 Clearbrook Capital ref1 Cleland, Robert ref1, ref2, ref3, ref4, ref5, ref6, ref7 coal mining ref1, ref2, ref3 Coca-Cola ref1, ref2 CoFace ref1 Comerford, Robert J. ref1, ref2 Commerzbank ref1 Companies House ref1, ref2, ref3, ref4 Confederation of British Industry (CBI) ref1 Conservative government ref1, ref2 Copenhagen ref1 Coronavirus Business Interruption Loan Scheme (CBILS) ref1, ref2 Coronavirus Large Business Interruption Loan Scheme (CLBILS) ref1, ref2 corporate espionage ref1, ref2, ref3, ref4 Coupe, Mike ref1 Covid-19 Corporate Financing Facility (CCFF) ref1, ref2 Covid-19 pandemic ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11 government loan schemes ref1, ref2, ref3, ref4, ref5 restrictions ref1, ref2, ref3, ref4 Crain’s (magazine) ref1 Credit Suisse ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 and the Covid-19 pandemic ref1 and Greensill Capital ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20, ref21, ref22, ref23, ref24, ref25, ref26, ref27, ref28, ref29, ref30, ref31, ref32, ref33 and Sanjeev Gupta ref1 Crothers, Bill ref1, ref2, ref3, ref4, ref5, ref6, ref7 Crown Representatives programme ref1 Cunliffe, Sir Jon ref1 CWB ref1 de Botton, Alain ref1 de Botton, Gilbert ref1 de la Rue, Tom ref1 Deal Partners ref1, ref2, ref3 Degen, Michel ref1, ref2, ref3 Dell ref1 Deloitte ref1, ref2, ref3, ref4, ref5 Demica ref1 Department for Business, Energy and Industrial Strategy ref1, ref2 Department of Environment, Food and Rural Affairs ref1 Department of Health ref1 Department of Health and Social Care ref1 Department of Work and Pensions ref1 Deutsche Bank ref1, ref2, ref3, ref4, ref5, ref6 Deutsche Börse ref1 Doordash ref1 Doran, James ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12 dotcom boom ref1, ref2 Dow Jones ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11 Downes, Brett ref1, ref2, ref3, ref4, ref5 Dragon Technology ref1, ref2, ref3 Eadie, Al ref1 Earnd ref1, ref2, ref3, ref4 Ecclestone, Bernie ref1 Edelman ref1 1860 Munich ref1 Ellis, Brett Easton, American Psycho ref1 Enterprise Investment Schemes (EISs) ref1 equity warrants ref1 Ernst & Young ref1 see also EY Euler Hermes ref1, ref2 European Banking Association ref1 Ewing, Fergus ref1 EY ref1, ref2 see also Ernst & Young Eyjafjallajökull ref1 factoring ref1, ref2, ref3 see also supply chain finance Fair Financial ref1, ref2, ref3 Fairmac Reality ref1 Fairymead ref1 Fan, Colin ref1, ref2, ref3, ref4 Farrell, Maureen ref1 FCA see Financial Conduct Authority ‘fee ramp agreements’ ref1 Feeney, Chuck ref1 Ferrin, Ronald ref1 Fidelity ref1 5th Finger ref1 Finacity ref1 Financial Accounting Standards Board ref1 Financial Conduct Authority (FCA) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 Skilled Persons Reviews ref1, ref2 financial crisis 2008 ref1, ref2, ref3, ref4 aftermath ref1, ref2, ref3 and central banks ref1 and fintechs ref1 tougher regulations following ref1, ref2 Financial News (banking publication) ref1, ref2, ref3, ref4, ref5, ref6 Financial Reporting Council ref1 Financial Times (newspaper) ref1, ref2, ref3, ref4, ref5, ref6, ref7 Finews (Swiss news site) ref1 ‘fintechs’ ref1, ref2, ref3, ref4, ref5, ref6 Fitch ref1 ‘flash title’ ref1 Fleetsolve ref1 Food Revolution Group ref1 Forbes (magazine) ref1 Ford ref1 Ford, Bill ref1 Formula One ref1 ‘Four Eyes Principle’ ref1 FreeUp ref1, ref2 Friedman, Alex ref1, ref2, ref3, ref4, ref5, ref6, ref7 Galligan, Shane ref1, ref2 GAM Greensill Supply Chain Finance fund (GGSCF) ref1, ref2 Gapper, John ref1 Garrod, Neil ref1, ref2, ref3, ref4, ref5 GBM Banca ref1 General Atlantic (GA) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20 General Mills ref1, ref2, ref3 Gentleman’s Journal (magazine) ref1 German Deposit Protection Authority ref1 Global Asset Management (GAM) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20, ref21, ref22, ref23, ref24, ref25, ref26 Absolute Return Bond Fund (ARBF) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 regulators ref1 Global Supply Chain Finance Forum ref1 Global Trade Review (trade finance publication) ref1 Goldman Sachs ref1, ref2 Gorman, John ref1, ref2, ref3, ref4, ref5 Gottstein, Thomas ref1, ref2 government loans ref1, ref2, ref3, ref4, ref5 ‘GovTech’ firms ref1 Grant Thornton ref1, ref2, ref3, ref4, ref5 Gray, Sue ref1 Green, Philip ref1, ref2 Greenbrier hotel ref1 Greene, Stephen ref1 Greensill, Alexander ‘Lex’ David ref1, ref2, ref3, ref4 ambition ref1, ref2, ref3, ref4, ref5 ascent ref1 Australian property investments ref1, ref2 Australian tax obligations ref1 awards ref1, ref2, ref3 CBE ref1, ref2, ref3 birth ref1 and Carillion ref1 celebrity status ref1 childhood ref1, ref2 at Citigroup ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 on the Crown Representatives programme ref1 CV ref1 and Daniel Sheard ref1 and David Cameron ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 directorships ref1 double down strategy ref1, ref2 and Downes ref1 dresses the part ref1, ref2, ref3, ref4 and Duncan Mavin ref1, ref2, ref3, ref4, ref5, ref6 eager to own bank ref1, ref2 education ref1 legal studies ref1 MBA at the Alliance Manchester Business School ref1, ref2, ref3, ref4, ref5, ref6 and 5th Finger ref1 and Greensill Bank AG (formerly NoFi) ref1 and Greensill Capital ref1, ref2, ref3, ref4 acquisitions ref1, ref2 aircraft leasing deals ref1 attempts to raise emergency finance ref1, ref2, ref3 avoids toughest regulators ref1 BaFin probe ref1 Bluestone ref1, ref2 BSi ref1 Covid-19 pandemic ref1, ref2, ref3 Credit Suisse involvements ref1, ref2, ref3, ref4 demise ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 Dragon Technology ref1 expansion ref1, ref2, ref3 ‘flak’ (PR advisers) ref1 General Atlantic ref1, ref2, ref3, ref4, ref5, ref6 Global Asset Management ref1, ref2, ref3, ref4, ref5 harmful effect of SCF on small businesses ref1 insurance ref1, ref2, ref3 malpractice ref1 multi-obligor programmes ref1 National Health Service venture ref1, ref2 new category of loans ref1 payroll finance ref1 perilous state ref1 premier ref1, ref2, ref3, ref4, ref5 sells company private jets ref1 Softbank dealings ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 start-up ref1, ref2, ref3, ref4, ref5 Tower Trade ref1 Tradeshift Networks ref1, ref2 and Jeremy Heywood ref1 and John Gorman ref1 legal work ref1 marriage ref1 and Masayoshi Son ref1, ref2, ref3, ref4, ref5 mentors ref1 mission statement, ‘helping out the little guy’ ref1 and Mohammed Bin Salman ref1 at Morgan Stanley ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12 remuneration ref1 moves to the UK ref1, ref2 at OzEcom ref1 and politics ref1, ref2, ref3, ref4, ref5 ‘rewilding’ project ref1 risk-taking ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12 and Sanjeev Gupta ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 and Saudi Arabia ref1 sits on Bank of England committee on SCF ref1 skiing ref1 spending ref1, ref2, ref3, ref4, ref5, ref6 takes loan from the Greensill family ref1 and Tim Haywood ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 at TRM ref1, ref2 wealth ref1 billionaire status ref1, ref2 hits the big time ref1, ref2 Greensill, Andrew (Lex’s brother) ref1 Greensill, Judy (Lex’s mother) ref1, ref2, ref3, ref4, ref5 Greensill, Lloyd (Lex’s father) ref1, ref2, ref3 Greensill, Peter (Lex’s youngest brother) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 Greensill, Roy (Lex’s grandfather) ref1, ref2 Greensill, Victoria (Lex’s wife) ref1, ref2 Greensill Bank AG (formerly NoFi) ref1, ref2, ref3, ref4, ref5, ref6, ref7 and the Atlantic 57 loan ref1, ref2 and the BaFin probe ref1, ref2, ref3, ref4 and the end ref1, ref2 and General Atlantic ref1 and government loans ref1 and Gupta ref1, ref2, ref3, ref4, ref5, ref6, ref7 private aircraft ref1 regulation ref1 and Softbank ref1, ref2 technology ref1 and trade credit insurance ref1, ref2 whistle-blower at ref1 Greensill Capital ref1, ref2 aircraft leasing deals ref1 allegations of corruption at ref1 and the Atlantic 57 loan ref1, ref2, ref3, ref4, ref5 avoids toughest regulators ref1 and the BaFin probe ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 and Bill Crothers ref1 billion dollar plus valuation ref1 and Bluestone ref1, ref2, ref3, ref4, ref5 and BSi ref1 business cards ref1, ref2 cash burner ref1 client list ref1 collapse ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 corporate events ref1 corporate governance ref1, ref2, ref3, ref4, ref5, ref6, ref7 and the Covid-19 pandemic ref1, ref2, ref3, ref4, ref5, ref6 and Credit Suisse ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20, ref21, ref22, ref23, ref24, ref25, ref26, ref27, ref28, ref29, ref30, ref31, ref32, ref33 Credit Suisse’s investigation into ref1, ref2, ref3 crisis mounts ref1, ref2, ref3 and David Cameron ref1, ref2, ref3, ref4, ref5, ref6, ref7 and David Solo ref1, ref2, ref3 defaults ref1, ref2 and Dragon Technology ref1 early backers ref1 early struggles ref1, ref2 evergreen loans ref1 ‘everyone wins’ pitches ref1 expansion ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9 external public relations ref1, ref2 EY investigation into ref1 fault lines ref1 as ‘fintech’ company ref1, ref2 fraud and misconduct allegations ref1 and General Atlantic ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15 and Global Asset Management ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20, ref21, ref22 gossipy culture ref1 and Greensill Bank ref1 and Griffin Coal ref1 and Gupta/Gupta Family Group ref1, ref2, ref3, ref4, ref5, ref6, ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14 harmful impact on small businesses ref1 headquarters on the Strand ref1 ‘High Risk Franchise Names’ document ref1 hits the big time ref1, ref2 illiquid investments ref1 insolvency ref1, ref2 investment protection ref1 investors abandon ref1, ref2 IPO ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 and John Gorman ref1 and Katerra ref1 and the Lagoon Park SPV ref1 launch ref1, ref2 lavish spending at ref1, ref2, ref3, ref4 Lex’s claims about ref1 liquidity ref1, ref2 and Lloyds ref1 loan book ref1 losses ref1 and Maurice Thompson ref1 Morgan Stanley employees ref1 and the NHS ref1, ref2, ref3 obligors ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 offices ref1, ref2, ref3 and payroll finance ref1 and Pemex ref1 perilous state ref1 and the pharmacy plan ref1 pre-IPO funding (‘Project Olive’) ref1, ref2, ref3, ref4, ref5 profitability issues ref1, ref2, ref3, ref4, ref5, ref6 ‘reasonably permanent’ funding ref1 reducing the early risks of using ref1 remuneration ref1, ref2, ref3 retrenchment ref1, ref2 risk team ref1, ref2 risky ventures ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8 and Roland Hartley-Urquhart ref1 and Saudi Arabia ref1 as ‘shadow bank’ ref1 and SoftBank ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18, ref19, ref20, ref21, ref22, ref23, ref24 SPAC talks ref1 start-up style management ref1, ref2 takes loan from the Greensill Capital family ref1 technology ref1, ref2, ref3, ref4 and Tim Haywood ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 and Tower Trade ref1, ref2, ref3 and trade credit insurance ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12 ‘Unicorn’ status ref1 and the US capital markets ref1 whistle-blower allegations emerge ref1 and the Wickham SPV ref1 Greensill Corporation Pty ref1 Greensill Farming Group ref1, ref2, ref3, ref4, ref5 Greensill Trust ref1 Grenda Investments ref1 Griffin Coal ref1, ref2 Gross, Bill ref1 Guazi ref1 Gulf Petrochem (GP Global) ref1 Gupta, Nicola ref1 Gupta, Sanjeev ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17 Australian property ref1 and Bluestone ref1 and the demise of Greensill ref1, ref2, ref3, ref4 and German steel ref1 and Grant Thornton ref1 and Greensill Bank ref1 Gupta Family Group (GFG) ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11 and Bluestone ref1 and government loans ref1 and Greensill ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11 and Greensill Bank ref1 Guttridge, Jane ref1, ref2 Guy, Toby ref1 Gymshark ref1 Haas, Lukas ref1, ref2, ref3, ref4, ref5 Hambro, Jay ref1 Hanafin, Dermot ref1 Hanafin, Sean ref1, ref2, ref3, ref4, ref5 Harris, Piers ref1 Harry, Prince ref1 Hart ref1 Hartley-Urquhart, Roland ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10 Havens, John ref1, ref2 Haywood, Tim ref1, ref2, ref3, ref4, ref5, ref6, ref7, ref8, ref9, ref10, ref11, ref12, ref13, ref14, ref15, ref16, ref17, ref18 Henkel ref1 Hewlett Packard ref1 Heywood, Jeremy ref1, ref2, ref3 Highways Agency ref1 HM Revenue & Customs ref1 HM Treasury ref1, ref2, ref3, ref4 Hobday, Neil ref1, ref2, ref3, ref4 Holmes, Elizabeth ref1 House of Lords ref1 HSBC ref1, ref2, ref3, ref4, ref5 Huawei ref1, ref2, ref3 Hutton Inquiry ref1 IAG see Insurance Australia Group ICBC Standard Bank ref1 Indonesia ref1 Industrial Cadets ref1 Inflexionpoint ref1 ING ref1 Insurance Australia Group (IAG) ref1, ref2, ref3 International Chamber of Commerce ref1 Intrepid Aviation ref1 ‘Iran Notices’ ref1 Iraq, UN weapons inspectors ref1 Isle of Dogs ref1 Jacob, David ref1, ref2, ref3 Jahama Highland Estates ref1 Jain, Anshu ref1 Jakarta ref1 Jardine Matheson ref1 Johnson, Boris ref1 Jones, Karen ref1 J.P.

Lex was running out of insurers and running out of time. TWENTY-SEVEN Covid and Connections On 11 January 2020, the Chinese government alerted officials at the World Health Organization that a sixty-one-year-old man in the city of Wuhan had died from a mysterious new type of viral pneumonia. Over the next few weeks, the coronavirus rippled across the globe. By mid-February, airlines had isolated China and other hotspots, Italy was in the grip of a national lockdown, and governments around the world had convened their own emergency taskforces. The pandemic rattled financial markets. How would trade cope with unprecedented restrictions on movement?


pages: 309 words: 121,279

Wasteland: The Dirty Truth About What We Throw Away, Where It Goes, and Why It Matters by Oliver Franklin-Wallis

air freight, airport security, Anthropocene, Any sufficiently advanced technology is indistinguishable from magic, barriers to entry, big-box store, bitcoin, British Empire, carbon footprint, circular economy, clean water, climate anxiety, coronavirus, COVID-19, Crossrail, decarbonisation, deindustrialization, Elon Musk, epigenetics, Ford Model T, fulfillment center, global pandemic, informal economy, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jeff Bezos, John Snow's cholera map, Kintsugi, lockdown, meta-analysis, microplastics / micro fibres, oil shale / tar sands, planned obsolescence, refrigerator car, sharing economy, social distancing, space junk, Suez canal 1869, Tim Cook: Apple

In Britain, as in Europe, landfills have a lousy reputation as being archaic, foul and polluting. As a result, waste companies, always keen to show off their latest recycling facilities, are reluctant to let anyone on a landfill, and particularly not a journalist. In fact, for more than a year, every waste company that I ask refuses to grant me access to one, citing either the coronavirus pandemic or unspecified safety concerns (while at the same time, insisting that landfills are perfectly safe). SUEZ, the French waste and sanitation giant named for its involvement in digging the Suez Canal, is the one exception. It is more than happy to show me around. In the office, I meet my chaperones: Victoria Pritchard, SUEZ’s regional manager for the North East of England, and Jamie McTighe, the regional operations manager.

‘We received a lot of complaints from a small town in the Klang valley,’ Bee Yin tells me. ‘Polluted water. Many people complained about the smell.’ At the time, Bee Yin was the Malaysian government minister in charge of environmental issues. She has long dark hair and a politician’s charming, full-toothed smile. When we speak, Malaysia and the UK are in the midst of coronavirus lockdowns, so we talk over video chat; connection, glimpsed in isolation. She’s wearing a checked dress and sits in front of a window. Behind her, I can see sunlight bleaching the rooftops of Kuala Lumpur under an azure sky. Bee Yin instructed her agency to investigate. ‘We had them go have a look, and they saw that there were a lot of illegal plastic recycling factories,’ Bee Yin says.

When clothes leave exporters like Pink Elephant bound for West Africa, this is where the lion’s share will end up. From here, the clothes will spread across Ghana and across borders, into Côte D’Ivoire, Togo, Niger, Benin and beyond. ‘Obroni!’ ‘Hey, Obroni!’ Foreigner! White person! The traders laugh and gossip, offering greetings and high fives. The coronavirus pandemic has meant fewer tourists passing through Accra for a while, and so our group stands out. I am being accompanied by Sena Mpeko, a British-Ghanaian journalist helping me in Accra; we in turn are being shown around by Yayra Agbofah and Kwamena Dadzie Boison, the co-founders of The Revival, a Ghanaian fashion brand that specialises in upcycling second-hand clothing.


Spies, Lies, and Algorithms by Amy B. Zegart

2021 United States Capitol attack, 4chan, active measures, air gap, airport security, Apollo 13, Bellingcat, Bernie Sanders, Bletchley Park, Chelsea Manning, classic study, cloud computing, cognitive bias, commoditize, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, cryptocurrency, cuban missile crisis, Daniel Kahneman / Amos Tversky, deep learning, deepfake, DeepMind, disinformation, Donald Trump, drone strike, dual-use technology, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, failed state, feminist movement, framing effect, fundamental attribution error, Gene Kranz, global pandemic, global supply chain, Google Earth, index card, information asymmetry, information security, Internet of things, job automation, John Markoff, lockdown, Lyft, Mark Zuckerberg, Nate Silver, Network effects, off-the-grid, openstreetmap, operational security, Parler "social media", post-truth, power law, principal–agent problem, QAnon, RAND corporation, Richard Feynman, risk tolerance, Robert Hanssen: Double agent, Ronald Reagan, Rubik’s Cube, Russian election interference, Saturday Night Live, selection bias, seminal paper, Seymour Hersh, Silicon Valley, Steve Jobs, Stuxnet, synthetic biology, uber lyft, unit 8200, uranium enrichment, WikiLeaks, zero day, zero-sum game

Joe Sommerlad, “Trump News: President Smears Vaccine Whistleblower as Coronavirus Shutdown Sees US Unemployment Claims Soar to 36m,” Independent, May 14, 2020, https://www.independent.co.uk/news/world/americas/us-politics/trump-news-live-coronavirus-twitter-white-house-press-briefing-us-obama-latest-a9508101.html (accessed June 16, 2020). 137. Aaron Rupar, “Trump’s Latest Coronavirus Meltdown Features QAnon, Accidental Self-Owns, and a Lot of “OBAMAGATE,” Vox, May 11, 2020, https://www.vox.com/2020/5/11/21254398/trump-tweets-mothers-day-obamagate-coronavirus (accessed June 16, 2020). 138. John Bowden, “Trump Lashes Out at Obama in Mother’s Day Tweetstorm,” Hill, May 10, 2020, https://thehill.com/homenews/administration/497057-trump-lashes-out-at-obama-in-mothers-day-tweetstorm (accessed June 16, 2020). 139.

US owe us an explanation.” Mr. Zhao’s hashtag, #ZhaoLijianPostedFiveTweetsinaRowQuestioningAmerica, was viewed on Weibo, China’s popular social media platform, more than 160 million times. Steven Lee Myers, “China Spins Tale That the U.S. Army Started the Coronavirus Epidemic,” New York Times, March 17, 2020, https://www.nytimes.com/2020/03/13/world/asia/coronavirus-china-conspiracy-theory.html (accessed June 16, 2020). 131. Shortly after the 2016 election, an anonymous columnist named Virgil posted a lengthy screed on the conservative site Breitbart.com introducing the idea of the anti-Trump Deep State: “Virgil: The Deep State vs.

Intelligence Community   4.1     President Barack Obama and His National Security Team, May 1, 2011   5.1     The Predictability Spectrum   5.2     The Müller-Lyer Illusion   5.3     Visualizing Probabilities in Cancer Testing   6.1     The Changing Motives of Traitors   8.1     Longtermers on Senate Committees, 1975–2020   8.2     Longtermers on House Committees, 1975–2020 10.1     Russia’s Facebook Deception in Action, 2016 ABBREVIATIONS AND ACRONYMS AI artificial intelligence BJP Bharatiya Janata Party (Indian political party) CIA Central Intelligence Agency COVID-19 Coronavirus disease of 2019 DCI director of central intelligence DIA Defense Intelligence Agency DNI director of national intelligence DOD Department of Defense FBI Federal Bureau of Investigation Five Eyes Intelligence partnership between the United States, United Kingdom, Canada, Australia, and New Zealand FOIA Freedom of Information Act GDP gross domestic product GEOINT geospatial intelligence GPS global positioning system HPSCI House Permanent Select Committee on Intelligence HUMINT human intelligence IAEA International Atomic Energy Agency IARPA Intelligence Advanced Research Projects Activity IC Intelligence Community, a collection of eighteen U.S. federal agencies INR State Department Bureau of Intelligence and Research INTs intelligence missions and disciplines IRA Russia’s Internet Research Agency ISIS The Islamic State of Iraq and Syria JCS Joint Chiefs of Staff JSOC Joint Special Operations Command KGB The Komitet Gosudarstvennoy Bezopasnosti, or the Committee for State Security (the Soviet Union’s spy agency) KSM Khalid Sheikh Mohammed MI5 Military Intelligence Section 5 (U.K. agency) MI6 Military Intelligence Section 6 or the Secret Intelligence Service (SIS) (U.K. agency) MICE money, ideology, coercion/compromise, and ego MID Military Intelligence Division (later known as the Army’s G-2) NASA National Aeronautics and Space Administration NATO North Atlantic Treaty Organization NCAA National Collegiate Athletic Association NCRI National Council for the Resistance of Iran NCTC National Counterterrorism Center NGA National Geospatial-Intelligence Agency NIE National Intelligence Estimate NRO National Reconnaissance Office NSA National Security Agency ODNI Office of the Director of National Intelligence OPEC Organization of the Petroleum Exporting Countries OPM Office of Personnel Management OSINT open-source intelligence OSS Office of Strategic Services RT Russia Today SAPs special access programs SAR Synthetic Aperture Radar (enables satellite imaging in cloudy conditions) SATs Structured Analytic Techniques SCIFs Sensitive Compartmented Information Facilities, or “Skiffs” SEALs Sea, Air, and Land (Naval Special Warfare combat forces) SIGINT signals intelligence SSCI Senate Select Committee on Intelligence UN United Nations WMD weapons of mass destruction SPIES, LIES, AND ALGORITHMS 1 INTELLIGENCE CHALLENGES IN THE DIGITAL AGE CLOAKS, DAGGERS, AND TWEETS IN JUNE 2014, I was scrolling through my Twitter feed when I came across the following Tweet: At first, I thought it was a joke.


J.K. Lasser's Your Income Tax 2022: For Preparing Your 2021 Tax Return by J. K. Lasser Institute

accelerated depreciation, Affordable Care Act / Obamacare, airline deregulation, anti-communist, asset allocation, bike sharing, bitcoin, business cycle, call centre, carried interest, collective bargaining, coronavirus, COVID-19, cryptocurrency, distributed generation, distributed ledger, diversification, employer provided health coverage, estate planning, Home mortgage interest deduction, independent contractor, intangible asset, medical malpractice, medical residency, mortgage debt, mortgage tax deduction, passive income, Ponzi scheme, profit motive, rent control, ride hailing / ride sharing, Right to Buy, sharing economy, TaskRabbit, Tax Reform Act of 1986, transaction costs, zero-coupon bond

If separate accounting is maintained, the tax-free part of the withdrawal is increased because the account balance used as the denominator in the fractional computation includes only the employee's after-tax contributions and allocable earnings, without regard to the employer contributions (and allocable earnings). 7.28 Coronavirus-Related Distributions Qualified individuals (see below) who received one or more coronavirus-related distributions from January 1 through December 30, 2020, could elect on Form 8915-E to report up to $100,000 of such distributions ratably over three years instead of including it all as income on their 2020 return. If you chose to spread the taxable amount over three years, 1/3 of the distribution must be reported as income on Form 8915-F for 2021.

The 10% penalty for qualified distributions before age 59½ (7.13) did not apply to Coronavirus-related distributions. Repaying a qualified distribution. You can recontribute a qualified distribution to any eligible retirement plan (that accepts rollovers) within three years beginning on the day after the date it was received, provided the distribution was eligible for rollover (7.5) or was a COVID-19-related hardship distribution (7.17). A distribution paid to a beneficiary (other than a surviving spouse) cannot be recontributed. A recontribution will be treated as a a trustee-to-trustee transfer. If you reported a coronavirus distribution on your 2020 Form 8915-E and included 1/3 of the distribution in your 2020 income, and in 2021 you repaid all or part of the total distribution, the repayment should be included on your 2021 Form 8915-F.

If you receive distributions before the end of the five-year holding period, the distributions are “nonqualified,” which means that they will be tax free to the extent that they are a recovery of the owner's Roth IRA contributions and taxable to the extent they are earnings under the “ordering rules” at 8.25. If you receive a nonqualified distribution, you must report it and figure the taxable portion, if any, on Part III of Form 8606. 8.27 Coronavirus-Related IRA Distributions and Qualified Disaster Distributions The CARES Act allowed qualified individuals (see 7.27 for the definition of qualified individuals) to report up to $100,000 of coronavirus-related distributions received from January 1, 2020, through December 30, 2020, ratably over three years, instead of including it all as income on their 2020 return. For example, if you used the 3-year method for a qualified $30,000 distribution, you reported $10,000 on your 2020 return, and will also report $10,000 on your 2021 return, and on your 2022 return.


pages: 1,172 words: 114,305

New Laws of Robotics: Defending Human Expertise in the Age of AI by Frank Pasquale

affirmative action, Affordable Care Act / Obamacare, Airbnb, algorithmic bias, Amazon Mechanical Turk, Anthropocene, augmented reality, Automated Insights, autonomous vehicles, basic income, battle of ideas, Bernie Sanders, Big Tech, Bill Joy: nanobots, bitcoin, blockchain, Brexit referendum, call centre, Cambridge Analytica, carbon tax, citizen journalism, Clayton Christensen, collective bargaining, commoditize, computer vision, conceptual framework, contact tracing, coronavirus, corporate social responsibility, correlation does not imply causation, COVID-19, critical race theory, cryptocurrency, data is the new oil, data science, decarbonisation, deep learning, deepfake, deskilling, digital divide, digital twin, disinformation, disruptive innovation, don't be evil, Donald Trump, Douglas Engelbart, driverless car, effective altruism, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, Evgeny Morozov, fake news, Filter Bubble, finite state, Flash crash, future of work, gamification, general purpose technology, Google Chrome, Google Glasses, Great Leap Forward, green new deal, guns versus butter model, Hans Moravec, high net worth, hiring and firing, holacracy, Ian Bogost, independent contractor, informal economy, information asymmetry, information retrieval, interchangeable parts, invisible hand, James Bridle, Jaron Lanier, job automation, John Markoff, Joi Ito, Khan Academy, knowledge economy, late capitalism, lockdown, machine readable, Marc Andreessen, Mark Zuckerberg, means of production, medical malpractice, megaproject, meta-analysis, military-industrial complex, Modern Monetary Theory, Money creation, move fast and break things, mutually assured destruction, natural language processing, new economy, Nicholas Carr, Nick Bostrom, Norbert Wiener, nuclear winter, obamacare, One Laptop per Child (OLPC), open immigration, OpenAI, opioid epidemic / opioid crisis, paperclip maximiser, paradox of thrift, pattern recognition, payday loans, personalized medicine, Peter Singer: altruism, Philip Mirowski, pink-collar, plutocrats, post-truth, pre–internet, profit motive, public intellectual, QR code, quantitative easing, race to the bottom, RAND corporation, Ray Kurzweil, recommendation engine, regulatory arbitrage, Robert Shiller, Rodney Brooks, Ronald Reagan, self-driving car, sentiment analysis, Shoshana Zuboff, Silicon Valley, Singularitarianism, smart cities, smart contracts, software is eating the world, South China Sea, Steve Bannon, Strategic Defense Initiative, surveillance capitalism, Susan Wojcicki, tacit knowledge, TaskRabbit, technological solutionism, technoutopianism, TED Talk, telepresence, telerobotics, The Future of Employment, The Turner Diaries, Therac-25, Thorstein Veblen, too big to fail, Turing test, universal basic income, unorthodox policies, wage slave, Watson beat the top human players on Jeopardy!, working poor, workplace surveillance , Works Progress Administration, zero day

United States budget allocations for defense have tended to outpace the spending of the next seven countries combined. The massive military buildup will likely strike future historians as a profoundly misguided investment of national resources.70 There is a grim irony in the world’s leading military “superpower” being devastated by coronavirus in 2020, even after investing tens of billions of dollars in biosecurity, while so many other nations reduced cases and deaths far more deftly. As Dominique Moïsi, a political scientist at the Institut Montaigne, explained, “America prepared for the wrong kind of war. It prepared for a new 9 / 11, but instead a virus came.”71 Consumed by worries over phantom threats, American leaders invested trillions of dollars in arms while stinting on preventive measures that could have saved more lives than the country lost in the Vietnam, Iraq, and Afghanistan wars combined.

Would Dragonfly inform on their authors? In an era of information warfare, tight monitoring and control of online life is a top priority for many states.85 This authoritarian control can also cause major problems for the rest of the world—as in the case of SARS-CoV-2 (the virus responsible for COVID-19), a coronavirus that originated in China and that may have been contained more quickly, had Chinese officials not censored the physicians trying to warn about the spread of this dangerous new disease. The Google activists’ refusal to work on military tech may seem belated, or unpatriotic. However, the ethics of participation are contextual.

The business case for service robots is obvious—they do not need to be paid, to sleep, or to be motivated to stay on task. So long as there are tourists looking for a bargain or business travel departments looking to cut down expenses, hoteliers will want robot cleaners, receptionists, doormen, and concierges. All those jobs may become as obsolete as elevator operators. The coronavirus pandemic has created even more pressures to reduce human interactions in service industries. Lockdowns of indefinite duration made the case for robotics better than any business guru. When warehouse operators, meat packers, and farmworkers fear catching a deadly virus at work, robotization of their roles may appear outright humanitarian (if paired with some plausible promise of basic income provision and future jobs).


pages: 392 words: 114,189

The Ransomware Hunting Team: A Band of Misfits' Improbable Crusade to Save the World From Cybercrime by Renee Dudley, Daniel Golden

2021 United States Capitol attack, Amazon Web Services, Bellingcat, Berlin Wall, bitcoin, Black Lives Matter, blockchain, Brian Krebs, call centre, centralized clearinghouse, company town, coronavirus, corporate governance, COVID-19, cryptocurrency, data science, disinformation, Donald Trump, fake it until you make it, Hacker News, heat death of the universe, information security, late fees, lockdown, Menlo Park, Minecraft, moral hazard, offshore financial centre, Oklahoma City bombing, operational security, opioid epidemic / opioid crisis, Picturephone, pirate software, publish or perish, ransomware, Richard Feynman, Ross Ulbricht, seminal paper, smart meter, social distancing, strikebreaker, subprime mortgage crisis, tech worker, Timothy McVeigh, union organizing, War on Poverty, Y2K, zero day

“the crisis is palpable”: Dmitry Smilyanets, “‘I Scrounged Through the Trash Heaps … Now I’m a Millionaire:’ An Interview with REvil’s Unknown,” The Record by Recorded Future, March 16, 2021, therecord.media/i-scrounged-through-the -trash-heaps-now-im-a-millionaire-an-interview-with-revils-unknown/. “While we will never condone”: “Free Ransomware Help for Healthcare Providers During the Coronavirus Outbreak,” Emsisoft blog, March 18, 2020, blog.emsisoft.com/en/35921/free-ransomware-help-for-healthcare-providers-during-the-coronavirus-outbreak/. “You hit us”: Sam Varghese, “Big US Travel Management Firm CWT Pays Out U.S. $4.5m to Ransomware Gang,” iTWire.com, August 2, 2020, itwire.com/business-it-news/security/big-us-travel-management-firm-cwt-pays-out-us$4-5m-to-ransomware-gang.html.

About 150 students ages five to ten attend the school, which was built more than a century ago in the Victorian style, with a brick facade and high arched windows. A modest playground adjoins a church. Many of the parents are on public assistance—or, as the English say, on the dole—and the free lunch and midmorning snack that the school provides are often their children’s only meals. Even as the coronavirus pandemic ravaged the area in 2020, blitzing through public housing and terraced apartments where students’ families slept four to a room, the school stayed open, its masked teachers rearranging chairs to preserve as much social distance as possible. On a shoestring budget, in a building that’s showing its age, the school gives the children a solid education and helps them adjust to English life and culture.

In another post, he expressed frustration that lockdown restrictions infringed on his personal liberty. Quoting Assistant Attorney General Eric Dreiband, he wrote, “There is no pandemic exception to the U.S. Constitution and its Bill of Rights.” He shared an article from WND—formerly WorldNetDaily, a far-right news and opinion website known for promoting conspiracy theories—with the headline “Coronavirus Could Be ‘Exterminated’ If Lockdowns Lifted.” He supported President Donald Trump’s decision to keep houses of worship open during the pandemic and defended him against critics. “How are the same people who say Trump oversteps his bounds and authorities by sending feds to help stop violence in cities say that Trump didn’t do enough to ‘stop COVID’?”


pages: 345 words: 92,063

Power, for All: How It Really Works and Why It's Everyone's Business by Julie Battilana, Tiziana Casciaro

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, Abraham Maslow, affirmative action, agricultural Revolution, Albert Einstein, algorithmic bias, Andy Rubin, Asperger Syndrome, benefit corporation, Big Tech, BIPOC, Black Lives Matter, blood diamond, Boris Johnson, British Empire, call centre, Cass Sunstein, classic study, clean water, cognitive dissonance, collective bargaining, conceptual framework, coronavirus, COVID-19, CRISPR, deep learning, different worldview, digital rights, disinformation, Elon Musk, Erik Brynjolfsson, fake news, feminist movement, fundamental attribution error, future of work, George Floyd, gig economy, Greta Thunberg, hiring and firing, impact investing, income inequality, informal economy, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, Jeff Bezos, job satisfaction, Joshua Gans and Andrew Leigh, Mahatma Gandhi, means of production, mega-rich, meritocracy, meta-analysis, Milgram experiment, moral hazard, Naomi Klein, Nelson Mandela, Occupy movement, Panopticon Jeremy Bentham, principal–agent problem, profit maximization, Ralph Waldo Emerson, ride hailing / ride sharing, Salesforce, School Strike for Climate, Second Machine Age, shareholder value, sharing economy, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, social distancing, Social Justice Warrior, Social Responsibility of Business Is to Increase Its Profits, Steven Pinker, surveillance capitalism, tacit knowledge, tech worker, the scientific method, The Wisdom of Crowds, TikTok, Tim Cook: Apple, transatlantic slave trade, union organizing, zero-sum game

Yıldırım, “The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks,” w28395, National Bureau of Economic Research, January 2021. 46 John Vidal and Ensia, “Destroyed Habitat Creates the Perfect Conditions for Coronavirus to Emerge,” Scientific American, March 18, 2020, https://www.scientificamerican.com/article/destroyed-habitat-creates-the-perfect-conditions-for-coronavirus-to-emerge/. 47 Karin Brulliard, “The Next Pandemic Is Already Coming, Unless Humans Change How We Interact with Wildlife, Scientists Say,” Washington Post, April 3, 2020, https://www.washingtonpost.com/science/2020/04/03/coronavirus-wildlife-environment/. 48 Mary Beard, The Roman Triumph (Cambridge, MA: Belknap Press, 2009). 49 While this image has long been a staple in popular consciousness, the evidence for it is less clear, and contradictions between different sources and interpretations abound.

Frances Frei and Anne Morriss also explore the importance of leading by fostering trust, love, and belonging in work environments for people to thrive in Unleashed: The Unapologetic Leader’s Guide to Empowering Everyone Around You (Boston: Harvard Business Press, 2020). 41 Scott Veale, “Word for Word/Last Words; Voices From Above: ‘I Love You, Mommy, Goodbye,’ ” New York Times, September 16, 2001, https://www.nytimes.com/2001/09/16/weekinreview/word-for-word-last-words-voices-from-above-i-love-you-mommy-goodbye.html; CNN, “Paris Terror: Survivor: Kept Saying I Love You,” July 21, 2016, video, https://www.youtube.com/watch?v=K5hp6SWXSKg. 42 Daniel Burke, “Coronavirus Preys on What Terrifies Us: Dying Alone,” CNN, March 29, 2020, https://www.cnn.com/2020/03/29/world/funerals-dying-alone-coronavirus/index.html. 43 Dominic Abrams and Michael A. Hogg, “Comments on the Motivational Status of Self-Esteem in Social Identity and Intergroup Discrimination,” European Journal of Social Psychology 18, no. 4 (1988): 317–34. 44 Andreas Schleicher, PISA 2018: Insights and Interpretations (Organization for Economic Cooperation and Development, 2019). 45 Kate Wintrol, “Is Mens Sana in Corpore Sano a Concept Relevant to Honors Students?”


pages: 295 words: 89,441

Aiming High: Masayoshi Son, SoftBank, and Disrupting Silicon Valley by Atsuo Inoue

Adam Neumann (WeWork), air freight, Apple II, bitcoin, Black Lives Matter, business climate, cloud computing, coronavirus, COVID-19, fixed income, game design, George Floyd, hive mind, information security, interest rate swap, Internet of things, Jeff Bezos, Kickstarter, Kōnosuke Matsushita, Larry Ellison, lateral thinking, Masayoshi Son, off grid, popular electronics, self-driving car, shareholder value, sharing economy, Silicon Valley, social distancing, SoftBank, Steve Ballmer, Steve Jobs, Steve Wozniak, TikTok, Vision Fund, WeWork

There is a saying that ‘men tend to mellow with age’, but this cannot be applied to Son; if anything the opposite would appear to hold true in his case. As he tweeted on 1 September 2020, ‘There is only forward movement. You only live once and no other option makes any sense. Even if you take the odd roundabout route you’re always moving forwards.’ In July the SoftBank Group set up the Novel Coronavirus Testing Centre (now the SB Novel Coronavirus Testing Centre), a fully owned subsidiary. The centre is a registered health testing site where PCR tests are conducted using saliva samples. The premises themselves are exclusive leases based in the Tokyo PCR Testing Centre (in Ichikawa, Chiba) and the Hokkaido PCR Testing Centre (Kita-ku, Sapporo), and tests cost 2,000 yen (roughly $20, exclusive of VAT as well as postage and packing); this is the actual cost of testing, with no profit being made.

Looking at one case in particular, DoorDash went public in December 2020 and on 5 February 2021 the return on the initial investment (the sum of realised and unrealised value divided by total investment) was 16.8 times the original amount. The company was only launched in May 2017, so at the time was only three and a half years old. Due to the Covid-19 epidemic the trend of the world conducting all of its business online has only been speeded up: it is a sure bet to say not many people had heard of Zoom before the novel coronavirus dictated they would live their daily lives indoors, but now it has become an important part of life. People who may not have thought of ordering food online before have had to reconsider their stance and those who did not previously use Netflix are now watching films on their mobile phones; many more companies have had to expedite their plans to move the majority of their business online.

The most important indicator for an investment company is not its net income but rather its net asset value, and SoftBank Group shareholder value actually increased from the end of March 2020 to September 2020, going from 21.7 trillion yen to 27.3 trillion yen. On the evening of 9 June 2020, the SoftBank Group announced the test results from a novel coronavirus antigen test it was providing in a live broadcast on YouTube featuring Son and a number of medical staff. This test was different to PCR testing as it looked at whether or not an individual had been previously infected, with medical staff and SoftBank Group and subsidiary company employees all being tested.


pages: 292 words: 94,660

The Loop: How Technology Is Creating a World Without Choices and How to Fight Back by Jacob Ward

2021 United States Capitol attack, 4chan, Abraham Wald, AI winter, Albert Einstein, Albert Michelson, Amazon Mechanical Turk, assortative mating, autonomous vehicles, availability heuristic, barriers to entry, Bayesian statistics, Benoit Mandelbrot, Big Tech, bitcoin, Black Lives Matter, Black Swan, blockchain, Broken windows theory, call centre, Cass Sunstein, cloud computing, contact tracing, coronavirus, COVID-19, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, dark matter, data science, deep learning, Donald Trump, drone strike, endowment effect, George Akerlof, George Floyd, hindsight bias, invisible hand, Isaac Newton, Jeffrey Epstein, license plate recognition, lockdown, longitudinal study, Lyft, mandelbrot fractal, Mark Zuckerberg, meta-analysis, natural language processing, non-fungible token, nudge unit, OpenAI, opioid epidemic / opioid crisis, pattern recognition, QAnon, RAND corporation, Richard Thaler, Robert Shiller, selection bias, self-driving car, seminal paper, shareholder value, smart cities, social contagion, social distancing, Steven Levy, survivorship bias, TikTok, Turing test

Also consider that if a mishap killed the ship and the crew, the event would be torturously broadcast, on time delay, to the whole of Earth, presumably killing off our species’ desire to travel to Mars in the process. And even if all goes well for the crew, that’s a long time confined together in a space no bigger than a vacation rental, as all of us who spent the pandemic year locked in with family, roommates, or alone know too well. In fact, before the coronavirus made test cases of us all, psychologists and logisticians who worried about a Martian crew driving each other nuts spent time observing actual astronauts confined in these sorts of tiny spaces for the duration, either of a simulated trip to Mars or a stay on the planet. And it hasn’t gone well.

And as more and more intervening layers come between the reader and the original source, not to mention so many other diversions competing for our attention online, our attention span dissipates. A 2020 Pew Center study found that people who rely on social media for news not only don’t follow topics like the coronavirus or a presidential election as closely as people who engage directly with news sites or television news, they also know less about the subjects. Meanwhile, advertisers who could have once picked up the phone and asked their agency to make sure not to place their ads in, say, pornographic magazines, or inside a radio broadcast about overthrowing the government, now rely on an industry of companies that make what’s known as “brand-safety technology.”

This sort of inadvertent algorithmic blacklisting was happening to Pulitzer finalists and was making coverage of some of the most important stories of the moment a literal money-loser for news outlets. Just think of what these algorithms might make of the Jeffrey Epstein trial, of death in Gaza, of morgues overflowing with coronavirus victims. Nandini Jammi, who runs a brand-safety consultancy for advertisers, explained the problem to me this way: “Instead of actually looking for criminal content, these brand-safety technology vendors have identified keywords such as ‘crime,’ or ‘violence,’ or ‘terrorist.’ So they’re literally blocking words that journalists need to use to cover the news.”


pages: 339 words: 92,785

I, Warbot: The Dawn of Artificially Intelligent Conflict by Kenneth Payne

Abraham Maslow, AI winter, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, AlphaGo, anti-communist, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Asperger Syndrome, augmented reality, Automated Insights, autonomous vehicles, backpropagation, Black Lives Matter, Bletchley Park, Boston Dynamics, classic study, combinatorial explosion, computer age, computer vision, Computing Machinery and Intelligence, coronavirus, COVID-19, CRISPR, cuban missile crisis, data science, deep learning, deepfake, DeepMind, delayed gratification, Demis Hassabis, disinformation, driverless car, drone strike, dual-use technology, Elon Musk, functional programming, Geoffrey Hinton, Google X / Alphabet X, Internet of things, job automation, John Nash: game theory, John von Neumann, Kickstarter, language acquisition, loss aversion, machine translation, military-industrial complex, move 37, mutually assured destruction, Nash equilibrium, natural language processing, Nick Bostrom, Norbert Wiener, nuclear taboo, nuclear winter, OpenAI, paperclip maximiser, pattern recognition, RAND corporation, ransomware, risk tolerance, Ronald Reagan, self-driving car, semantic web, side project, Silicon Valley, South China Sea, speech recognition, Stanislav Petrov, stem cell, Stephen Hawking, Steve Jobs, strong AI, Stuxnet, technological determinism, TED Talk, theory of mind, TikTok, Turing machine, Turing test, uranium enrichment, urban sprawl, V2 rocket, Von Neumann architecture, Wall-E, zero-sum game

Moral Tribes: Emotion, Reason, and the Gap between Us and Them. New York: Penguin Press, 2013. 14. See DARPA, ‘Towards a high resolution implantable neural interface,’ 10 July 2017, https://www.darpa.mil/news-events/2017-07-10. 15. Gregory, Andy. ‘Coronavirus: Former MI6 head claims pandemic “started as accident” in Chinese laboratory’, The Independent, 4 June 2020, https://www.independent.co.uk/news/world/asia/coronavirus-chinese-laboratory-wuhan-mi6-richard-dearlove-conspiracy-theories-a9547851.html. 16. Strassler, Robert B, and Richard Crawley. The Landmark Thucydides: A Comprehensive Guide to the Peloponnesian War. London: Free Press, 1996; and for the modern spinoff, Allison, Graham T.

The Storytelling Animal: How Stories Make Us Human. Boston Mass.: Houghton Mifflin Harcourt, 2012. Greene, Joshua D. Moral Tribes: Emotion, Reason, and the Gap between Us and Them. New York: Penguin Press, 2013. Gregory, Andy. ‘Coronavirus: Former MI6 head claims pandemic “started as accident” in Chinese laboratory’, The Independent, 4 June 2020, https://www.independent.co.uk/news/world/asia/coronavirus-chinese-laboratory-wuhan-mi6-richard-dearlove-conspiracy-theories-a9547851.html. Harkins, Gina. ‘Top Marine General: We need to get comfortable with throwaway equipment,’ Military News, 2 February 2021, https://www.military.com/daily-news/2021/02/02/top-marine-general-we-need-get-comfortable-throwaway-equipment.html.

In the days of the Cold War, the USSR maintained an extensive biological and chemical weapons programme—creating new toxins and new ways of weaponizing them as aerosols. Stockpiles of thousands of munitions, and large research institutes evaded detection by the US for decades, until the collapse of the Soviet Union. There were certainly suspicions, and even some evidence from defectors—but proving anything concretely was another matter. When the Coronavirus struck the US in 2020, President Trump wasn’t alone in hinting darkly that a military research facility in Wuhan, the Chinese epicentre of the outbreak, might have been responsible somehow. A former head of the British intelligence services echoed the suggestion.15 The assessment of the intelligence agencies was otherwise and, moreover, hinting darkly about Chinese biological weapons may have served the President’s domestic political agenda.


How to Stand Up to a Dictator by Maria Ressa

2021 United States Capitol attack, activist lawyer, affirmative action, Affordable Care Act / Obamacare, airport security, anti-communist, Asian financial crisis, Big Tech, Brexit referendum, business process, business process outsourcing, call centre, Cambridge Analytica, citizen journalism, cognitive bias, colonial rule, commoditize, contact tracing, coronavirus, COVID-19, crowdsourcing, delayed gratification, disinformation, Donald Trump, fake news, future of journalism, iterative process, James Bridle, Kevin Roose, lockdown, lone genius, Mahatma Gandhi, Mark Zuckerberg, Marshall McLuhan, Menlo Park, Milgram experiment, move fast and break things, natural language processing, Nelson Mandela, Network effects, obamacare, performance metric, QAnon, recommendation engine, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, Steven Levy, surveillance capitalism, the medium is the message, The Wisdom of Crowds, TikTok, Twitter Arab Spring, work culture

“States of Rebellion, Emergency Under Arroyo Administration,” Philippine Daily Inquirer, September 4, 2016, https://newsinfo.inquirer.net/812626/states-of-rebellion-emergency-under-arroyo-administration. 6.Raissa Robles, “Coronavirus: Is Covid-19 Task Force Duterte’s ‘Rolex 12’ in Plan for Marcos-Style Martial Law in the Philippines?,” South China Morning Post, April 28, 2020, https://www.scmp.com/week-asia/politics/article/3081939/coronavirus-covid-19-task-force-dutertes-rolex-12-plan-marcos. 7.Korina Sanchez, Henry Omaga-Diaz, and Ces Oreña-Drilon were the founding anchors of Bandila. 8.We co-opted two key ideas: crowdsourcing from James Surowiecki, who wrote the book The Wisdom of Crowds, and the tipping point from the book The Tipping Point, written more than a decade earlier by Malcolm Gladwell. 9.

Who Is Manila RTC Judge Rainelda Estacio-Montesa?” OneNews, June 17, 2020, https://www.onenews.ph/articles/cybercrime-expert-who-is-manila-rtc-judge-rainelda-estacio-montesa. 33.Rey Santos left the government several months before the publication of this book. 34.Maria Ressa, “We Can’t Let the Coronavirus Infect Democracy,” Time, April 14, 2020, https://time.com/5820620/maria-ressa-coronavirus-democracy/. 35.Ralf Rivas, “ABS-CBN Goes Off-Air After NTC Order,” Rappler, May 5, 2020, https://www.rappler.com/nation/abs-cbn-goes-off-air-ntc-order-may-5-2020/. 36.Ruben Carranza, Facebook, August 19, 2020, https://www.facebook.com/ruben.carranza.14/posts/10157883975069671.

“Duterte Declares State of Lawlessness in PH,” Rappler, September 3, 2016, https://www.rappler.com/nation/145043-duterte-declares-state-of-lawlessness-ph/. 36.Editha Caduaya, “Man with Bomb Nabbed at Davao Checkpoint,” Rappler, March 26, 2016, https://www.rappler.com/nation/127132-man-bomb-nabbed-davao-checkpoint/. 37.These were the specific stories on the websites that had the misleadingly repurposed Rappler story: http://ww1.pinoytribune.com/2016/09/man-with-high-quality-of-bomb-nabbed-at.html; http://www.socialnewsph.com/2016/09/look-man-with-high-quality-of-bomb.html; http://www.newstrendph.com/2016/09/man-with-high-quality-of-bomb-nabbed-at.html. 38.Rappler Research, “Davao Bombing,” Flourish, July 8, 2019, https://public.flourish.studio/visualisation/230850/. 39.Ralf Rivas, “Gambling-Dependent Philippines Allows POGOs to Resume Operations,” Rappler, May 1, 2020, https://www.rappler.com/business/259599-gambling-dependent-philippines-allows-pogos-resume-operations-coronavirus/. 40.This is the now-nonexistent link to the Rappler Facebook post that was taken down: https://www.facebook.com/rapplerdotcom/posts/1312782435409203. 41.John Naughton, “The Goal Is to Automate Us: Welcome to the Age of Surveillance Capitalism,” Guardian, January 20, 2019, https://www.theguardian.com/technology/2019/jan/20/shoshana-zuboff-age-of-surveillance-capitalism-google-facebook. 42.There are four books about Facebook that I would recommend: David Kirkpatrick’s The Facebook Effect: The Inside Story of the Company That Is Connecting the World (New York: Simon & Schuster, 2010) traces the beginning and the development of Mark Zuckerberg.


pages: 215 words: 69,370

Still Broke: Walmart's Remarkable Transformation and the Limits of Socially Conscious Capitalism by Rick Wartzman

"Friedman doctrine" OR "shareholder theory", activist fund / activist shareholder / activist investor, An Inconvenient Truth, basic income, Bernie Sanders, call centre, collective bargaining, coronavirus, COVID-19, cryptocurrency, data science, Donald Trump, employer provided health coverage, fulfillment center, full employment, future of work, George Floyd, illegal immigration, immigration reform, income inequality, Jeff Bezos, job automation, Kickstarter, labor-force participation, low skilled workers, Marc Benioff, old-boy network, race to the bottom, RAND corporation, rolodex, Ronald Reagan, Salesforce, shareholder value, supply-chain management, TikTok, Triangle Shirtwaist Factory, union organizing, universal basic income, War on Poverty, warehouse robotics, We are the 99%, women in the workforce, working poor

Tap here to learn more. AUTHOR’S NOTE IN 2017, Wal-Mart Stores Inc. changed its name to Walmart Inc. I use “Walmart” throughout the text for continuity, even in references preceding the switchover. The endnotes use both spellings. CHAPTER 1 Mr. Sam’s Bargain IN LATE MARCH 2020, with the coronavirus spreading so fast that President Donald Trump had been forced to back off his expressed hope of packing people into churches on Easter, I tuned in to a Monday morning webinar to check out how several major corporations were responding to the pandemic. It was so early in the crisis that the nation’s COVID-19 death count hadn’t even hit 10,000, and the Centers for Disease Control and Prevention had yet to recommend that masks be worn in public.

In a New York Times op-ed, the 27-year-old conveyed the tremendous stress she was under as customers snatched up practically every item they could. “It’s been a lot like Black Friday,” Love wrote, referring to the frenzied day after Thanksgiving that marks the kickoff of the holiday buying season. “I’m young and healthy, but I’m worried I will catch the coronavirus and infect my father.” After four years at Walmart, Love was earning $13.27 an hour, which penciled out to a little more than $20,000 per year for the 30 hours or so she worked each week while juggling her studies at Los Angeles Trade Technical College. Her pandemic bonus, which Gehrki had touted, would amount to all of 150 bucks.

Her dad, a shuttlebus driver at Disneyland, had just been laid off—one of the millions of Americans whose jobs vaporized as the virus ravaged the economy. In her piece in the Times, Love took issue with Walmart’s new leave policy. She explained that the company was “allowing workers who test positive for the coronavirus to stay home for up to two weeks, but it will cut pay in half for any needed sick time after that.” She said she feared that she or one of her coworkers might well wind up facing “the impossible choice of going to work sick and possibly infecting others or risking our already precarious finances.”


pages: 869 words: 239,167

The Story of Work: A New History of Humankind by Jan Lucassen

3D printing, 8-hour work day, affirmative action, agricultural Revolution, Albert Einstein, anti-work, antiwork, Asian financial crisis, banking crisis, basic income, Berlin Wall, Black Lives Matter, blue-collar work, bread and circuses, Bretton Woods, Capital in the Twenty-First Century by Thomas Piketty, Charles Babbage, collective bargaining, Columbian Exchange, commoditize, computer age, coronavirus, COVID-19, demographic transition, deskilling, discovery of the americas, domestication of the camel, Easter island, European colonialism, factory automation, Fall of the Berlin Wall, fixed income, Ford Model T, founder crops, Frederick Winslow Taylor, full employment, future of work, Great Leap Forward, hiring and firing, income inequality, income per capita, informal economy, invisible hand, James Watt: steam engine, joint-stock company, knowledge economy, labour mobility, land tenure, long peace, mass immigration, means of production, megastructure, minimum wage unemployment, money: store of value / unit of account / medium of exchange, new economy, New Urbanism, out of africa, pension reform, phenotype, post-work, precariat, price stability, public intellectual, reshoring, scientific management, Scramble for Africa, Second Machine Age, stakhanovite, tacit knowledge, Thales of Miletus, The Wealth of Nations by Adam Smith, Thorstein Veblen, trade route, transatlantic slave trade, two and twenty, universal basic income, W. E. B. Du Bois, women in the workforce, working poor

Our life would be defined by consumption, not by production. In this utopia, crucially, only losers work for someone else; the new, true individuals are the self-employed and the entrepreneurs, and everyone craves a ‘portfolio’ career. And, while the banking crises of 2008 and, more recently, the global coronavirus pandemic have tempered enthusiasm somewhat, this utopia is still alive and kicking, if only because of the lack of a serious challenger. The entrepreneur is a hero, the ordinary worker a slave. Such a misconception is widespread because it does not reside only among champions of the ‘free’ market; it is just as much a source for left-wing utopian thinking, which, of course, does not trumpet independent entrepreneurship but rather glorifies wage labour for the community and, with it, the notion of well-earned free time.

Nevertheless, during the last two centuries, we may discern a great wave in the North Atlantic and its offshoots, and in the last half-century also increasingly beyond – from regulation and corporation (households, estates, guilds and so on) in the ancien régime, to deregulation and decorporation in the first half of the nineteenth century, to reregulation and recorporation in the century thereafter and, finally, to another period of deregulation and decorporation since the end of the twentieth century.109 Prepared by the banking crisis of 2008, the pendulum may now be swinging in the opposite direction, influenced by the coronavirus pandemic, although it is unclear for how long. Incidentally, the development of decorporation warrants an observation with respect to households, where we do not find any recorporation from the late nineteenth century. As a nuclear work unit, the household eventually and definitively lost power.

The stagnation of remuneration and job security in especially the rich countries in recent decades (summarized in concepts such as flexibilization and precarization) can also be counted as types of reactions.2 Or, in that context, the recent massive Keynesian state aid to companies and working people following the outbreak of the coronavirus pandemic – something that prior to this seemed absolutely unthinkable. Secondly – and previous examples already point in this direction – the nature and vehemence of these reactions are not easy to predict; at least, not as easy as, say, a strike resulting from a massive cut in wages. Take, for example, the contradiction between the emergence of the workers’ movement, which peaked one hundred years ago, and the current lack of successful collective actions to improve working conditions.


pages: 572 words: 124,222

San Fransicko: Why Progressives Ruin Cities by Michael Shellenberger

activist fund / activist shareholder / activist investor, affirmative action, Affordable Care Act / Obamacare, Albert Einstein, anti-communist, Bay Area Rapid Transit, Bernie Sanders, Black Lives Matter, business climate, centre right, coronavirus, correlation does not imply causation, COVID-19, crack epidemic, dark triade / dark tetrad, defund the police, delayed gratification, desegregation, Donald Trump, drug harm reduction, gentrification, George Floyd, Golden Gate Park, green new deal, Haight Ashbury, housing crisis, Housing First, Intergovernmental Panel on Climate Change (IPCC), Jane Jacobs, mandatory minimum, Marc Benioff, mass incarceration, meta-analysis, Michael Shellenberger, microaggression, opioid epidemic / opioid crisis, Peoples Temple, Peter Pan Syndrome, pill mill, RAND corporation, randomized controlled trial, remote working, rent control, Ronald Reagan, Salesforce, San Francisco homelessness, Savings and loan crisis, Silicon Valley, single-payer health, social distancing, South of Market, San Francisco, Steven Pinker, tech billionaire, tech bro, tech worker, The Death and Life of Great American Cities, walkable city

Homicides rose 35 percent in Los Angeles, 31 percent in Oakland, 74 percent in Seattle, 63 percent in Portland, 60 percent in Chicago, and 47 percent in New York City.67 The coronavirus pandemic may have played a role. “Gangs are built around structure and lack thereof,” noted a Fresno, California, police officer. “With schools being closed and a lot of different businesses being closed, the people that normally would have been involved in positive structures in their lives aren’t there.”68 But there had been a similar spike in homicides in 2015 when there was no coronavirus pandemic. Back then, as in 2020, a disproportionate number of victims and suspects were black men under thirty from poor, inner-city neighborhoods.

Nearly one-quarter of the homeless in King County, in which Seattle is the biggest city, said they became homeless outside of Washington State.28 Mayor Breed said she opposed Proposition C because she feared that spending yet more on homelessness services, without any requirement that people get off the street, would backfire. “We are a magnet for people who are looking for help,” she said. “There are a lot of other cities that are not doing their part, and I find that larger cities end up with more than our fair share.”29 After San Francisco started offering free hotel rooms to the homeless during the 2020 coronavirus pandemic, first responders reported that people had come from across the state. “People are coming from all over the place—Sacramento, Lake County, Bakersfield,” said the city’s fire chief. “We have also heard that people are getting released from jail in other counties and being told to go to San Francisco where you will get a tent and then you will get housing.”30 When a television reporter asked Bay Area mayors why there was so much homelessness in Bay Area cities but not in affluent communities east of the Bay Area, the Berkeley mayor answered, “I assume [it’s] the fact that our cities have such robust social services and shelter, as well as just the environment, the climate, a city that is inviting and welcoming to people.”31 A Los Angeles homelessness service provider emphasizes the extent to which the homeless shop around from city to city seeking the best housing and benefits and avoiding the law.

In 1972, the Supreme Court strongly restricted the enforcement of vagrancy laws, which in some states had targeted African Americans.39 In 1993, a federal court ruling prevented New York City from banning panhandling because, it ruled, begging is a form of protected free speech.40 In 2006, the Ninth Circuit Court of Appeals blocked Los Angeles from enforcing a 1968 law that outlawed sleeping on sidewalks.41 And in 2020, the Supreme Court upheld a 2018 ruling by a lower court against the city of Boise, Idaho, which found that cities cannot impose or enforce camping bans unless “shelter” were “practically available.”42 During the pandemic, the federal government gave cities funding to pay for hotel rooms for many homeless to stay in, free of charge, for most of the pandemic, and when it received the coronavirus vaccine, San Francisco and most other cities vaccinated its homeless population early in the process.43 The city spends a share of its budget that is 50 percent larger than the share spent by New York City and six times more than the share spent by Chicago on homelessness. San Francisco increased its spending on homelessness from $157 million to $567 million between 2011 and 2022.44 While it’s true that people on the street suffer higher rates of eviction, trauma, and abuse than people who don’t live on the street, it’s also true that the vast majority of people who lose their housing, get traumatized, live with over-policing, and come from generations of poverty aren’t living on the street, or addicted to heroin, fentanyl, and meth.


pages: 651 words: 186,130

This Is How They Tell Me the World Ends: The Cyberweapons Arms Race by Nicole Perlroth

4chan, active measures, activist lawyer, air gap, Airbnb, Albert Einstein, Apollo 11, barriers to entry, Benchmark Capital, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, blood diamond, Boeing 737 MAX, Brexit referendum, Brian Krebs, Citizen Lab, cloud computing, commoditize, company town, coronavirus, COVID-19, crony capitalism, crowdsourcing, cryptocurrency, dark matter, David Vincenzetti, defense in depth, digital rights, disinformation, don't be evil, Donald Trump, driverless car, drone strike, dual-use technology, Edward Snowden, end-to-end encryption, failed state, fake news, false flag, Ferguson, Missouri, Firefox, gender pay gap, George Floyd, global pandemic, global supply chain, Hacker News, index card, information security, Internet of things, invisible hand, Jacob Appelbaum, Jeff Bezos, John Markoff, Ken Thompson, Kevin Roose, Laura Poitras, lockdown, Marc Andreessen, Mark Zuckerberg, mass immigration, Menlo Park, MITM: man-in-the-middle, moral hazard, Morris worm, move fast and break things, mutually assured destruction, natural language processing, NSO Group, off-the-grid, offshore financial centre, open borders, operational security, Parler "social media", pirate software, purchasing power parity, race to the bottom, RAND corporation, ransomware, Reflections on Trusting Trust, rolodex, Rubik’s Cube, Russian election interference, Sand Hill Road, Seymour Hersh, Sheryl Sandberg, side project, Silicon Valley, Skype, smart cities, smart grid, South China Sea, Steve Ballmer, Steve Bannon, Steve Jobs, Steven Levy, Stuxnet, supply-chain attack, TED Talk, the long tail, the scientific method, TikTok, Tim Cook: Apple, undersea cable, unit 8200, uranium enrichment, web application, WikiLeaks, zero day, Zimmermann PGP

And now, the pandemic had virtualized our lives at speeds we never imagined, exposing us to cyberattacks like never before. It was no surprise when hackers seized on the coronavirus to take aim at our hospitals, our vaccine labs, and the federal agencies leading the Covid-19 response. It is not clear how successful Russia’s retaliatory strikes on American hospitals will be. Ten days out from the election, more hospitals were reporting cyberattacks. And with coronavirus cases spiking to record levels, and a shortage of healthy hospital workers, I fear it is only a matter of time before cyberattacks cost us lives. As of this writing, foreign states and cybercriminals are hitting American networks from so many sides that, from my quarantined perch, it has become nearly impossible to keep track.

When a mobile app Democrats used to report results from their Iowa primary caucus imploded in public view in February, I watched as Russian trolls retweeted and stoked Americans who falsely believed the app was a ploy by Hillary Clinton’s inner circle to wrest the election from Bernie Sanders. When the coronavirus pandemic took hold, I watched those same Russian accounts retweet Americans who surmised Covid-19 was an American-made bioweapon or an insidious plot by Bill Gates to profit off the eventual vaccine. And as the world stood still waiting for that vaccine, Russian trolls worked overtime to legitimize the vaccination debate, just as they had during the worst of Ukraine’s measles outbreak one year earlier.

With more than 90 percent of their infrastructure down, TrickBot’s Russian operators lashed out, shifted to new tools, and retaliated on American hospitals. They traded lists of some four hundred American hospitals they planned to target with ransomware, and slowly started hitting them one by one. This, with less than a week before the election, when hospitals were seeing a record spike in coronavirus cases. “We expect panic,” one Russian hacker told his comrades in a private message exchange captured by a threat researcher. The FBI, CISA, and the Department of Health and Human Services set up an emergency call with hospital administrators and security researchers to debrief them on the urgent “credible threat.”


pages: 372 words: 101,678

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success by Scott Davis, Carter Copeland, Rob Wertheimer

3D printing, activist fund / activist shareholder / activist investor, additive manufacturing, Airbnb, airport security, asset light, barriers to entry, Big Tech, Boeing 747, business cycle, business process, clean water, commoditize, coronavirus, corporate governance, COVID-19, data science, disruptive innovation, Elisha Otis, Elon Musk, factory automation, fail fast, financial engineering, Ford Model T, global pandemic, hydraulic fracturing, Internet of things, iterative process, junk bonds, Kaizen: continuous improvement, Kanban, low cost airline, Marc Andreessen, Mary Meeker, megacity, Michael Milken, Network effects, new economy, Ponzi scheme, profit maximization, random walk, RFID, ride hailing / ride sharing, risk tolerance, Salesforce, shareholder value, Silicon Valley, six sigma, skunkworks, software is eating the world, strikebreaker, tech billionaire, TED Talk, Toyota Production System, Uber for X, value engineering, warehouse automation, WeWork, winner-take-all economy

., whose training on how to be a humble but curious analyst, doting father, and thoughtful human being helped shape him into the person that he is today. Rob is grateful for the support of his family throughout the project. Weekend editing sessions provided an opportunity to show the kids that the process of writing, rewriting, and doing it all again is not just something taught in school. INTRODUCTION Even before the coronavirus pandemic exposed flaws in government planning and tested the limits of modern medicine, the world had already become frighteningly out of balance. Tweets had taken over from substantive conversation and “news” had become unapologetically biased. High debt levels and rising leverage risk was something only old people talked about.

The most common explanation by the pundits is disruption, which is exceedingly hard to predict and most likely a convenient excuse. The reality is more complex and humbling. Companies usually fail because of the incompetence and arrogance of a complacent management team, not because they struggled to predict the future. Predicting the future may itself just be an exercise in futility. The coronavirus pandemic is a clear example of the random walk we take each day. And this is not a new phenomenon. When we were growing up in the 1980s, futurists predicted the widespread adoption of electric cars by the late 1990s. In fact, GM launched a concept electric car with the EV1 all the way back in 1996.

The truth is that their secrets are hardly secrets at all—continuous improvement, rigorous benchmarking, disciplined investment, principled leadership, solid business systems—but these practices have been long forgotten, ignored, or dismissed by the businesspeople hypnotized by the Google-Amazon-Apple dream. These industrial companies are the inspiration for our work. There’s a reason we talk about the Dow Jones Industrials—these companies dominated the stock market for much of history. Industrial companies have carried out or suffered more disruptions than any other. This year’s coronavirus pandemic is just the latest one. These companies make industrials the perfect sector to study, with data on great successes and even greater failures that go back for north of a century. These companies had celebrated successes like diesel locomotives, jet engines, grain harvesters, factory robots, and x-ray machines.


pages: 367 words: 97,136

Beyond Diversification: What Every Investor Needs to Know About Asset Allocation by Sebastien Page

Andrei Shleifer, asset allocation, backtesting, Bernie Madoff, bitcoin, Black Swan, Bob Litterman, book value, business cycle, buy and hold, Cal Newport, capital asset pricing model, commodity super cycle, coronavirus, corporate governance, COVID-19, cryptocurrency, currency risk, discounted cash flows, diversification, diversified portfolio, en.wikipedia.org, equity risk premium, Eugene Fama: efficient market hypothesis, fixed income, future of work, Future Shock, G4S, global macro, implied volatility, index fund, information asymmetry, iterative process, loss aversion, low interest rates, market friction, mental accounting, merger arbitrage, oil shock, passive investing, prediction markets, publication bias, quantitative easing, quantitative trading / quantitative finance, random walk, reserve currency, Richard Feynman, Richard Thaler, risk free rate, risk tolerance, risk-adjusted returns, risk/return, Robert Shiller, robo advisor, seminal paper, shareholder value, Sharpe ratio, sovereign wealth fund, stochastic process, stochastic volatility, stocks for the long run, systematic bias, systematic trading, tail risk, transaction costs, TSMC, value at risk, yield curve, zero-coupon bond, zero-sum game

As the events related to the coronavirus pandemic of 2020 continue to unfold, pundits like to compare this crisis with the 2008 financial crisis. Yet there are important differences. The 2008 crisis involved a speculative bubble in real estate. Systemic risk was high, in great part because banks owned structured products linked to this bubble. A shaky edifice composed of layers upon layers of complex, interconnected structured products and derivatives stood on the shoulders of risky subprime borrowers. In 2020, financial institutions are not in the thick of the storm. However, the novel coronavirus will cause an economic shock of unprecedented size—an economic heart attack.

See Jack Treynor (1961), Bill Sharpe (1964), John Lintner (1965), and Jan Mossin (1966). 2. “Professor William Sharpe Shares Nobel Prize for Economics,” gsb.stanford .edu. 3. As I finalize this book at the end of March 2020, equity markets have suffered one of their worst and fastest sell-offs in history due to the coronavirus pandemic, combined with a major oil shock. The Federal Reserve has aggressively lowered rates, and the three-month US Treasury bill is at zero. These are unusual circumstances. In this context, expected returns across asset classes should be about 1–2% lower due to lower rates, compared with those of 2018.

Sector weights for industrials and materials have gone down over this period as well.5 Therefore, not only will the next crisis be different (as crises always are), but the sensitivity of US stocks to that new crisis will be different as well. They should be more resilient to an economic downturn that affects mostly cyclicals. Recent market performance during the coronavirus pandemic proves this point. Large technology companies have protected the S&P 500 from the much larger drawdown it would have experienced if it still had a 31% weight in financials and energy. These changes in sector weights also make time series analyses of valuation ratios on the S&P 500 less reliable.


pages: 341 words: 98,954

Owning the Sun by Alexander Zaitchik

"World Economic Forum" Davos, American Legislative Exchange Council, anti-communist, back-to-the-land, Berlin Wall, business cycle, classic study, colonial rule, coronavirus, corporate personhood, COVID-19, crowdsourcing, desegregation, Donald Trump, energy transition, informal economy, invisible hand, It's morning again in America, knowledge economy, lone genius, Louis Pasteur, Mahatma Gandhi, Menlo Park, Mont Pelerin Society, Nelson Mandela, oil shock, Philip Mirowski, placebo effect, Potemkin village, profit motive, proprietary trading, Ralph Nader, rent-seeking, road to serfdom, Robert Bork, Ronald Reagan, shareholder value, Silicon Valley, Stewart Brand, supercomputer in your pocket, The Chicago School, Unsafe at Any Speed, Upton Sinclair, Whole Earth Catalog

Though the government owns and has stakes in many of the patents, it has assumed the now-familiar role of obsequious junior partner to its commercial contractor, Moderna. When a group of House Democrats attempted in early March 2020 to legislate a few modest conditions on the first $8 billion tranche of coronavirus research subsidies, they were flung aside like so many Lilliputians by the pharmaceutical and biotech lobby machines. Pharma’s man in Washington, Stephen Ubl, warned legislators that the industry would take its ball and go home “if collaboration with the government even in a limited way results in a loss of intellectual property or the government setting the price.”

The news was announced to the English-speaking world by Edward Holmes, a virologist at the University of Sydney whose team had been working with the Shanghai clinic. Within hours of Holmes’s tweeting out the links, scientists around the world had sketched a family tree that identified the virus as a close relative of SARS, a fatal zoonotic coronavirus that caused outbreaks in mainland China, Hong Kong, and Canada in 2003. Later that same day, China reported the new virus’s first fatality: a sixty-one-year-old Wuhan man had recently perished at a local hospital. This news did not disturb the general public. Another two months passed before the WHO declared the virus a pandemic, crashing global markets and triggering runs on basic supplies like toilet paper.

Burdened by a sense of borrowed time, the attendees—leaders in public health policy and infectious disease research—sketched a crash “R&D Blueprint” for a world upended by the virus and disease that they officially named SARS-CoV-2 and COVID-19. The meeting unfolded in the open-science spirit of the January collaborations. Specialists compiled a comprehensive summary of coronavirus research and proposed ways to accelerate the development, testing, and production of diagnostic kits, treatments, and vaccines. The WHO conference produced a document premised on the assumption that researchers would work together, maintaining open communication channels and common stores of knowledge.


pages: 940 words: 16,301

Routes to Rejoin by Stay European

Boris Johnson, Brexit referendum, centre right, coronavirus, COVID-19, Dominic Cummings, Donald Trump, first-past-the-post, lockdown, Rishi Sunak

Far from looking for opportunities to work around Europe, those who can are still working from home. The dramatic (though highly necessary) loss of freedoms during the pandemic has extensively disguised the loss of European freedoms as a result of Brexit. 57 It is a similar story in the economy, where the drastic fall in GDP as a result of coronavirus has masked the expected fall from Brexit. So far the most noticeable effect attributable to Brexit directly has been on online orders from the EU and parcels sent to the EU, which are tied up in customs paperwork and can take months. The cause of trade problems, shortages and other issues has been difficult to prove, with the media often pinning the blame on catch-all phrases such as “caused by the effects of Covid and Brexit”.

As the Institute for Government’s report notes, “While most of the focus of the Brexit impact has been at the border, one of the key criticisms of the TCA [the Brexit deal] was the limited provisions made for services… accountants, lawyers, consultants and architects who are all working from home have not yet had to worry about what work they may or may not be permitted to carry out in the EU”. This will cause increasing frustration as the years pass. In the run up to the renegotiation, we need to do two things. Firstly, we need to try to ensure Brexit’s effects are pinned squarely on Brexit, not either coronavirus or the pro-Brexit media’s catchphrase in case of emergency, “new EU rules”. There are no new EU rules, just the deal our government signed: we need to raise awareness that Brexit and Brexit alone is the source of this pain. And second, we need a different government to be sitting on the UK side of the negotiating table. 63 6.


pages: 199 words: 48,162

Capital Allocators: How the World’s Elite Money Managers Lead and Invest by Ted Seides

Albert Einstein, asset allocation, behavioural economics, business cycle, coronavirus, COVID-19, crowdsourcing, data science, deliberate practice, diversification, Everything should be made as simple as possible, fake news, family office, fixed income, high net worth, hindsight bias, impact investing, implied volatility, impulse control, index fund, Kaizen: continuous improvement, Lean Startup, loss aversion, Paradox of Choice, passive investing, Ralph Waldo Emerson, risk tolerance, Sharpe ratio, sovereign wealth fund, tail risk, The Wisdom of Crowds, Toyota Production System, zero-sum game

Bernstein said, “risk means you don’t know what will happen.” Financial setbacks over my career, which started a few years after the crash in 1987, included the dot.com bubble in 2000, the Global Financial Crisis in 2008, the coronavirus pandemic in 2020, and many smaller sell-offs along the way. Each of these were shocks to the system. Doctors referred to SARS-CoV-2 as a “novel” coronavirus. The sudden stop to economies around the world was indeed novel – it had never happened before. Each tail event reminds CIOs of the problems of assumptions that underpin models. The dot.com bubble followed an assumption that the new technology of the internet would forever change how business was conducted and valued, a premise priced into the markets about a decade early.

Psychologically, between the stress or inability to think in the longer term and this idea that we tend to place more weight on the negative than positive, the result may not be ideal from an investor’s perspective. The Covid-19 pandemic that started in Q1 of 2020 provided a case study in how CIOs handle uncertainty. The novel coronavirus brought unprecedented challenges in the health and economic welfare of the world.48 CIOs faced work-from-home restrictions for an indefinite period, stock market volatility, and a sudden stop in the global economy. CIOs quickly developed a playbook to lead and manage in the face of uncertainty.


pages: 314 words: 75,678

How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need by Bill Gates

agricultural Revolution, call centre, carbon footprint, carbon tax, clean water, coronavirus, COVID-19, decarbonisation, electricity market, energy security, energy transition, fear of failure, Ford Model T, global pandemic, Haber-Bosch Process, Hans Rosling, Intergovernmental Panel on Climate Change (IPCC), invention of air conditioning, Louis Pasteur, megacity, microplastics / micro fibres, negative emissions, oil shock, performance metric, plant based meat, purchasing power parity, risk tolerance, social distancing, Solyndra, systems thinking, TED Talk, the built environment, the High Line, urban planning, yield management

Today Mission Innovation includes 24 countries and the European Commission and has unlocked $4.6 billion a year in new money for clean energy research, an increase of more than 50 percent in just a handful of years. The next turning point in this story will be grimly familiar to everyone reading this book. Launching Mission Innovation with world leaders at the 2015 UN climate conference in Paris. (See this page for the names of those photographed.) In 2020, disaster struck when a novel coronavirus spread around the world. To anyone who knows the history of pandemics, the devastation caused by COVID-19 was not a surprise. I had been studying disease outbreaks for years as part of my interest in global health, and I had become deeply concerned that the world wasn’t ready to handle a pandemic like the 1918 flu, which killed tens of millions of people.

In 2015, I had given a TED talk and several interviews in which I made the case that we needed to create a system for detecting and responding to big disease outbreaks. Other people, including former U.S. president George W. Bush, had made similar arguments. Unfortunately, the world did little to prepare, and when the novel coronavirus struck, it caused massive loss of life and economic pain such as we had not seen since the Great Depression. Although I kept up much of my work on climate change, Melinda and I made COVID-19 the top priority for the Gates Foundation and the main focus of our own work. Every day, I would talk to scientists at universities and small companies, CEOs of pharmaceutical companies, or heads of government to see how the foundation could help accelerate the work on tests, treatments, and vaccines.

What’s remarkable to me is not how much emissions went down because of the pandemic, but how little. This small decline in emissions is proof that we cannot get to zero emissions simply—or even mostly—by flying and driving less. Just as we needed new tests, treatments, and vaccines for the novel coronavirus, we need new tools for fighting climate change: zero-carbon ways to produce electricity, make things, grow food, keep our buildings cool and warm, and move people and goods around the world. And we need new seeds and other innovations to help the world’s poorest people—many of whom are smallholder farmers—adapt to a warmer climate.


pages: 470 words: 137,882

Caste: The Origins of Our Discontents by Isabel Wilkerson

affirmative action, Affordable Care Act / Obamacare, airport security, Albert Einstein, Berlin Wall, Black Lives Matter, clean water, coronavirus, COVID-19, desegregation, Donald Trump, global pandemic, Gunnar Myrdal, mass incarceration, microaggression, Milgram experiment, obamacare, opioid epidemic / opioid crisis, out of africa, Peter Eisenman, Ronald Reagan, Rosa Parks, social distancing, strikebreaker, transatlantic slave trade, W. E. B. Du Bois, zero-sum game

By the time the presidential impeachment trial ended on February 5, 2020, it had been 329 days since the last press briefing at the White House, held on March 11, 2019. Then the worst pandemic: Dan Diamond, “Trump’s Mismanagement Helped Fuel Coronavirus Crisis,” Politico, March 7, 2020, https://www.politico.com/​amp/​news/​2020/​03/​07/​trump-coronavirus-management-style-123465; Michael D. Shear et al., “The Lost Month: How a Failure to Test Blinded the U.S. to Covid-19,” New York Times, March 28, 2020, https://www.nytimes.com/​2020/​03/​28/​us/​testing-coronavirus-pandemic.html; David Frum, “This Is Trump’s Fault: The President Is Failing, and Americans Are Paying for His Failures,” Atlantic, April 7, 2020. https://www.theatlantic.com/​ideas/​archive/​2020/​04/​americans-are-paying-the-price-for-trumps-failures/​609532/.

“As Usual”: Annie Lowrey, “As Usual, Americans Must Go it Alone,” Atlantic, March 19, 2020, https:// www.theatlantic.com/​ideas/​archive/​2020/​03/​america-woefully-underinsured/​608035/. “To a watching world”: Simon Tisdall, “US’s Global Reputation Hits Rock-Bottom Over Trump’s Coronavirus Response,” Guardian, April 12, 2020, https://theguardian.com/​us-news/​2020/​apr/​12/​us-global-reputation-rock-bottom-donald-trump-coronavirus. “This is a civilization”: Gary Michael Tartakov, in discussion with the author, International Conference on Caste and Race, at the University of Massachusetts Amherst, May 5, 2018. Epilogue: A World Without Caste “The worst disease is”: Jerome and Taylor, Einstein on Race, pp. 144–45.

The earth’s most powerful nation watched as faraway workers in hazmat gear tested for what no one could see, and deluded itself into believing that American exceptionalism would somehow grant it immunity from the sorrows of other countries. Yet the virus arrived on these shores, and it planted itself in the gaps of disparity, the torn kinships and fraying infrastructure in the country’s caste system, just as it exploited the weakened immune system in the human body. Soon, America had the largest coronavirus outbreak in the world. Governors pleaded for basic supplies and test kits, were reduced to bidding against one another for ventilators. “As Usual,” read a headline in The Atlantic, “Americans Must Go It Alone.” The virus exposed both the vulnerability of all humans and the layers of hierarchy.


Doppelganger: A Trip Into the Mirror World by Naomi Klein

"World Economic Forum" Davos, 2021 United States Capitol attack, 3D printing, anti-communist, anti-globalists, autism spectrum disorder, benefit corporation, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, blood diamond, Boris Johnson, Boycotts of Israel, Cambridge Analytica, capitalist realism, ChatGPT, citizen journalism, Climategate, contact tracing, coronavirus, COVID-19, crisis actor, critical race theory, dark matter, deep learning, deepfake, deplatforming, disinformation, Donald Trump, Edward Snowden, Elon Musk, fake news, false flag, feminist movement, George Floyd, glass ceiling, global pandemic, global supply chain, green new deal, Greta Thunberg, hive mind, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, Jeffrey Epstein, Johann Wolfgang von Goethe, lab leak, Lewis Mumford, lockdown, Mark Zuckerberg, mass immigration, mass incarceration, medical residency, military-industrial complex, moral panic, Naomi Klein, Nelson Mandela, neurotypical, new economy, opioid epidemic / opioid crisis, Parler "social media", pattern recognition, Peter Thiel, phenotype, profit motive, QAnon, QR code, Ralph Waldo Emerson, randomized controlled trial, Rosa Parks, Scientific racism, Scramble for Africa, shared worldview, sharing economy, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, Slavoj Žižek, smart cities, social distancing, Steve Bannon, surveillance capitalism, tech billionaire, tech bro, The Wealth of Nations by Adam Smith, TikTok, trade route, transatlantic slave trade, trickle-down economics, union organizing, W. E. B. Du Bois, Wayback Machine, women in the workforce

rare cases of heart inflammation: “Myocarditis and Pericarditis After mRNA COVID-19 Vaccination,” Centers for Disease Control and Prevention, September 27, 2022, https://www.cdc.gov/coronavirus/2019-ncov/vaccines/safety/myocarditis.html. possible small uptick in strokes: “CDC & FDA Identify Preliminary COVID-19 Vaccine Safety Signal for Persons Aged 65 Years and Older,” Centers for Disease Control and Prevention, January 13, 2023, https://www.cdc.gov/coronavirus/2019-ncov/vaccines/safety/bivalent-boosters.html. “genocide”: Naomi Wolf, “Dear Friends, Sorry to Announce a Genocide,” Outspoken with Dr Naomi Wolf, Substack, May 29, 2022.

Not only did Wolf appear on Fox seven times in less than two months, but she went on a tour, speaking at the “FreedomFest” at Mount Rushmore and testifying, at the invitation of various Republican lawmakers, at multiple statehouses against mask and vaccine mandates. In the Maine House of Representatives, her host was disciplined by legislative leaders for allowing Wolf into the then closed statehouse and barred from bringing future guests. Eight days later, she traveled to Michigan, which was then one of the leading states in new coronavirus cases, to testify before the state’s House Oversight Committee that vaccine passports were akin to the early treatment of Jews by the Nazis. One person who took immediate notice of the resonance of Wolf’s new message was Steve Bannon. Within a week, he began having “Dr. Wolf” as a regular guest on his wildly popular and influential podcast, War Room, which he had been developing through various iterations since losing his post as Donald Trump’s chief strategist in 2017—while also, as he boasted to The New York Times, building “the infrastructure, globally, for the global populist movement.”

When Wolf started doing the rounds on Fox in her new role as “CEO of a tech company,” sounding, however unintentionally, like my preposterous proxy, I just couldn’t figure out how to keep talking about how the large tech firms were exploiting the crisis without it being sucked into the whirring conspiracy mill. I couldn’t see how a serious discussion of actual disaster capitalism could avoid getting blended with truly dangerous anti-vaccination fantasies and outright coronavirus denialism. Pipikism had thwarted me. The Green New Reset? More disturbingly, the forces of farcicalization in the Mirror World also seemed to be undercutting nascent and fragile attempts to actually address many of the real crises we face, from climate breakdown to mass incarceration to the ruinously exploitative working conditions that the pandemic laid bare.


pages: 446 words: 109,157

The Constitution of Knowledge: A Defense of Truth by Jonathan Rauch

2021 United States Capitol attack, 4chan, active measures, affirmative action, Albert Einstein, Ayatollah Khomeini, Black Lives Matter, centre right, classic study, Climategate, company town, coronavirus, COVID-19, critical race theory, deplatforming, disinformation, disintermediation, Donald Trump, experimental subject, facts on the ground, fake news, Filter Bubble, framing effect, hive mind, illegal immigration, information asymmetry, invention of movable type, Isaac Newton, jimmy wales, Jon Ronson, Louis Pasteur, market bubble, meta-analysis, microaggression, mirror neurons, Peace of Westphalia, peer-to-peer, post-truth, profit motive, QAnon, race to the bottom, RAND corporation, Russian election interference, social software, Steve Bannon, Steven Pinker, technoutopianism, TED Talk, the scientific method, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Tragedy of the Commons, yellow journalism, Yochai Benkler, zero-sum game

When a frightening new disease appeared in the early 1980s, identifying the human immunodeficiency virus took less than two years, and developing a life-saving treatment took less than two decades—a mobilization of intellectual resources whose scale and efficacy would beggar the imaginations of all earlier generations of humans. After a frightening new coronavirus appeared in late 2019, the mobilization was an order of magnitude faster still. What enabled medicine’s liftoff? McIntyre argues that the decisive change was social: the development of professional societies which linked practitioners, set standards, and provided accountability, thus allowing each researcher to coordinate and contend with all the others.

“Many more nations are represented in the global network over time, and by count, we can say that there are even more new participants from within existing nations who have joined global collaborations,” write Caroline S. Wagner, Travis A. Whetsell, and Loet Leydesdorff in their 2017 study of collaboration in six disciplines.20 One can cite mountains of such data on the growing breadth and depth of the reality-based community—and on its growing capacity and efficacy, as well. In 2020, after a new and deadly coronavirus had suddenly emerged in China, the reality-based network brought people and resources to bear with unprecedented speed. Only ten days after the new virus was first reported, scientists released its genetic sequence. Only twelve days after that, scientists at the National Institutes of Health published an analysis of how the virus invaded human cells.

National Science Board, Science and Engineering Indicators 2018, chap. 5. 20. Caroline S. Wagner, Travis A. Whetsell, and Loet Leydesdorff, “Growth of International Collaboration in Science: Revisiting Six Specialties,” Scientometrics 110 (2017), p. 1643. 21. Carolyn Y. Johnson, “Scientists Are Unraveling the Chinese Coronavirus with Unprecedented Speed and Openness,” Washington Post, January 24, 2020. 22. COVID-19 Primer, https://covid19primer.com/dashboard. 23. Michael Polanyi, “The Republic of Science: Its Political and Economic Theory,” Minerva 1, no. 1 (September 1962). 24. Helen E. Longino, Science as Social Knowledge: Values and Objectivity in Scientific Inquiry (Princeton University Press, 1990), pp. 73–74; I provided the italics.


pages: 705 words: 192,650

The Great Post Office Scandal: The Fight to Expose a Multimillion Pound Scandal Which Put Innocent People in Jail by Nick Wallis

Asperger Syndrome, Boeing 737 MAX, Boris Johnson, British Empire, business process, call centre, cognitive dissonance, coronavirus, corporate governance, COVID-19, Dominic Cummings, forensic accounting, Internet Archive, Kickstarter, lockdown, paper trading, social distancing, Wayback Machine, work culture

The settlement agreement also forced the Post Office to commit to more Subpostmaster training, more trainers, new business support managers, a new handover process, a new branch support model including new area managers, new branch support tools, increased Subpostmaster remuneration, better quality control on transaction corrections, a new team to deal with disputed transaction corrections, dedicated case handlers to investigate discrepancies, better access to Horizon data from Fujitsu, a completely different approach to ‘losses’ (which suggests they won’t automatically be treated as Subpostmaster debts), better audits and better phone support. Quite a list. ____________________ 1 Throughout August 2020 the government ran a scheme in England to encourage people who might be wary of catching coronavirus to go out to eat in restaurants and cafés. It allowed every qualifying food outlet to offer a 2-for-1 deal on food and soft drinks sold to diners up to the value of £10 per customer. It turned out people were right to be wary of coronavirus as the pandemic returned with a vengeance just a few weeks later. BACK TO COURT In June 2020, there was yet another Lords debate. This time Lord Cormack told the House that the Post Office had behaved with ‘malevolent incompetence.’

I found his details on social media and thought it was worth chancing my arm to see if he was willing to be interviewed for this book. Being an amiable chap, he saw no reason why not. It was fascinating to have a lengthy chat with someone who had the job of introducing Horizon to hundreds of Subpostmasters across the country. Unfortunately, due to the coronavirus pandemic, we couldn’t meet in person. ‘I thought Horizon was state of the art,’ Sio told me, when we finally got our Zoom link working. ‘I actually really liked the solution, and the hardware we were delivering was quite high spec. I mean, it didn’t run so well, but that’s because it was being asked to do so much.

To me, the information which had been pushed into the public domain in Bates v Post Office put the Horizon story on the same footing as Windrush or the Infected Blood scandals. It was all there in plain sight. Why wasn’t the government doing everything it could to find out what went wrong? As the sound and fury at Westminster grew, the coronavirus pandemic was taking hold across the country. Kate Osborne, the MP who had secured the PM’s commitment to a full public inquiry, became the second member of parliament to be struck down by the virus.2 I had spent most of February and March working on a second Panorama which was due to be aired on Monday 23 March at 8.30pm.


pages: 295 words: 87,204

The Capitalist Manifesto by Johan Norberg

AltaVista, anti-communist, barriers to entry, Berlin Wall, Bernie Sanders, Big Tech, Boris Johnson, business climate, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Charles Babbage, computer age, coronavirus, COVID-19, creative destruction, crony capitalism, data is not the new oil, data is the new oil, David Graeber, DeepMind, degrowth, deindustrialization, Deng Xiaoping, digital map, disinformation, Donald Trump, Elon Musk, energy transition, Erik Brynjolfsson, export processing zone, failed state, Filter Bubble, gig economy, Gini coefficient, global supply chain, Google Glasses, Greta Thunberg, Gunnar Myrdal, Hans Rosling, Hernando de Soto, Howard Zinn, income inequality, independent contractor, index fund, Indoor air pollution, industrial robot, Intergovernmental Panel on Climate Change (IPCC), invention of the printing press, invisible hand, Jeff Bezos, Jeremy Corbyn, job automation, job satisfaction, Joseph Schumpeter, land reform, liberal capitalism, lockdown, low cost airline, low interest rates, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, means of production, meta-analysis, Minecraft, multiplanetary species, Naomi Klein, Neal Stephenson, Nelson Mandela, Network effects, open economy, passive income, Paul Graham, Paul Samuelson, payday loans, planned obsolescence, precariat, profit motive, Ralph Nader, RAND corporation, rent control, rewilding, ride hailing / ride sharing, Ronald Coase, Rosa Parks, Salesforce, Sam Bankman-Fried, Shenzhen was a fishing village, Silicon Valley, Simon Kuznets, Snapchat, social distancing, social intelligence, South China Sea, Stephen Fry, Steve Jobs, tech billionaire, The Spirit Level, The Wealth of Nations by Adam Smith, TikTok, Tim Cook: Apple, total factor productivity, trade liberalization, transatlantic slave trade, Tyler Cowen, Uber and Lyft, uber lyft, ultimatum game, Virgin Galactic, Washington Consensus, working-age population, World Values Survey, X Prize, you are the product, zero-sum game

To counteract all this, we are told that big government must now return, to regain control, redistribute resources and, with enlightened industrial policy, steer resources to particular national industries and green technology. This is what the debate looked like even before the pandemic. When the new coronavirus ravaged the planet, suspicion of the outside world and free trade exploded. Governments began to close their borders and demand that supply chains be repatriated. ‘I don’t want to talk about a victory lap,’ Trump’s rather enthusiastic business secretary said about the ravages of the virus, but ‘I think it will help to accelerate the return of jobs to North America.’

On top of that, he can send away the family’s faeces to a very safe distance – just by pressing a flush button! Bill Gates seems to have his teeth left even though he is sixty-seven years old, can take a pill to get rid of headaches and can even get a new hip joint or liver if he needs it. When a previously unknown coronavirus hits the world, he can get a vaccine against it within a year. All three of his children are alive, even though they were born many decades ago and seem to expect to live to be in their eighties. Bill Gates has plenty of comfortable clothes, and after he’s worn them he can make them clean again by stuffing them into a big box.

Maria Manner & Paavo Teittinen, ‘HS: n haltuun saamat Huoltovarmuuskeskuksen luvut paljastavat, miten vähän Suomen valtiolla oli kasvosuojaimia koronakriisin iskiessä päälle’, Helsingin Sanomat, 10 April 2020. 29. Johan Norberg, ‘Covid-19 and the danger of self-sufficiency: How Europe’s pandemic resilience is open economy’, ECIPE Policy Brief, no.2, 2021. 30. ‘EU should “not aim for self-sufficiency” after coronavirus, trade chief says’, Financial Times, 23 April 2020. Andrew Edgecliffe-Johnson, ‘Manufacturers warn US must do more to maintain fragile PPE production’, Financial Times, 13 April 2021. 31. Henry David Thoreau, On Civil Disobedience and Other Essays, Dover Publications, 2021, p.2. 3. The silence of the factory whistle 1.


pages: 337 words: 87,236

Fallen Idols: Twelve Statues That Made History by Alex von Tunzelmann

"hyperreality Baudrillard"~20 OR "Baudrillard hyperreality", anti-communist, Apollo 11, Berlin Wall, Black Lives Matter, Boris Johnson, British Empire, colonial rule, coronavirus, correlation does not imply causation, COVID-19, Donald Trump, double helix, Easter island, European colonialism, fake news, Fall of the Berlin Wall, Ferguson, Missouri, George Floyd, global pandemic, Google Earth, lockdown, Mahatma Gandhi, Mikhail Gorbachev, Nelson Mandela, no-fly zone, Ronald Reagan, Scramble for Africa, Suez crisis 1956, the map is not the territory, TikTok, transatlantic slave trade, W. E. B. Du Bois

The tale of Colston and his statue evolved as the British Empire itself evolved over centuries. It is the story of a community’s long and bitter fight over civic identity and who gets to control it. As 2020 began, a novel coronavirus spread across the world. On 11 March, the World Health Organization declared it a pandemic. In early April, in Minneapolis, Minnesota, George Perry Floyd Jr – African American, forty-six years old, a father of three – came down with the symptoms of COVID-19, the disease caused by the coronavirus. He was ill for several weeks, and was laid off from his job as a restaurant doorman.1 On 25 May 2020, just before 8 p.m., Floyd walked into a grocery store and bought a pack of cigarettes with a $20 bill.

Imposing historical accuracy upon it is like trying to fact-check Lord of the Rings. Though the mayor’s office stated that further work would be done on the phrasing of the second plaque, the whole concept had run aground.28 Colston’s statue stayed up without a new plaque. Fourteen months later, in May 2020, Britain was in lockdown to slow the spread of coronavirus when the story of George Floyd’s death broke. Britain has a different history and culture surrounding race from that of the United States, but they are linked – most clearly, in historical terms, by empire and slavery. The protests that began in the United States were taken up by British protesters, partly as an act of solidarity with black Americans, and partly to protest against racism in Britain itself.

In 2011, artist Jesse Hemmons felt that the statue of fictional boxer Rocky Balboa outside the Philadelphia Museum of Art was too touristy, so she knitted him a pink sweater emblazoned with the words: ‘Go see the art’. The same year, a graffiti artist transformed a bas-relief of soldiers on the Soviet Army memorial in Sofia, Bulgaria, into painted figures of Superman, Father Christmas and Ronald McDonald. Hundreds of statues around the world were adorned with face masks in 2020 and 2021, during the coronavirus pandemic, while a projection on Rio de Janeiro’s enormous Christ the Redeemer statue transformed it into a doctor with a stethoscope. A fallen statue is a powerful symbol, and can be kept that way. The French conceptual artist Daniel Buren once asked whether ‘a statue lying flat – for example, one that is knocked down during a revolution – automatically becomes a sculpture’.2 After the 1966 coup that overthrew Ghana’s first prime minister, Kwame Nkrumah, his image and works were banned, and his statue in Accra was beheaded.


pages: 259 words: 84,261

Scary Smart: The Future of Artificial Intelligence and How You Can Save Our World by Mo Gawdat

3D printing, accounting loophole / creative accounting, AI winter, AlphaGo, anthropic principle, artificial general intelligence, autonomous vehicles, basic income, Big Tech, Black Lives Matter, Black Monday: stock market crash in 1987, butterfly effect, call centre, carbon footprint, cloud computing, computer vision, coronavirus, COVID-19, CRISPR, cryptocurrency, deep learning, deepfake, DeepMind, Demis Hassabis, digital divide, digital map, Donald Trump, Elon Musk, fake news, fulfillment center, game design, George Floyd, global pandemic, Google Glasses, Google X / Alphabet X, Law of Accelerating Returns, lockdown, microplastics / micro fibres, Nick Bostrom, off-the-grid, OpenAI, optical character recognition, out of africa, pattern recognition, Ponzi scheme, Ray Kurzweil, recommendation engine, self-driving car, Silicon Valley, smart contracts, Stanislav Petrov, Stephen Hawking, subprime mortgage crisis, superintelligent machines, TED Talk, TikTok, Turing machine, Turing test, universal basic income, Watson beat the top human players on Jeopardy!, Y2K

Nothing’, Wired [online]. Available at: www.wired.com/2007/09/dayintech-0926-2/ In Control 1. Shih, Gerry, Rauhala, Emily and Sun, Lena H (2020). ‘Early missteps and state secrecy in China probably allowed the coronavirus to spread farther and faster’, The Washington Post [online]. Available at: www.washingtonpost.com/world/2020/02/01/early-missteps-state-secrecy-china-likely-allowed-coronavirus-spread-farther-faster Raising Our Future 1. ‘Position Statement on Pit Bulls’, American Society for the Prevention of Cruelty to Animals [online]. Available at: www.aspca.org/about-us/aspca-policy-and-position-statements/position-statement-pit-bulls 2.

We hide the facts and react late The story of the pandemic is well known, of course, but it’s worth revisiting here because there are many potential parallels between the way we reacted to the virus and the way we are reacting to the potential threat of AI. From patient zero, around mid-December 2019 in Wuhan, it was clear that we were up against a serious virus.1 The symptoms looked like viral pneumonia, but the test samples contained a new coronavirus with an 87 per cent similarity to a threat we faced a few years earlier – SARS. By the end of December this was clearly communicated to Wuhan health officials. By then, within a matter of two weeks, it was believed that seven others had contracted the virus. That same evening, Wuhan’s public health authorities took action.

That’s when the direction of travel started to change. On 1 January 2020, the Wuhan Public Security Bureau detained eight doctors for posting and spreading ‘rumours’ about Wuhan hospitals receiving SARS-like cases. By 9 January, China announced it had isolated the genome sequence of the new form of coronavirus, confirming the rumours that it had previously denied. By then it was claimed there were 59 confirmed cases. Later reports, however, showed that by 4 January, cases in Wuhan alone had reached 425. That’s more than a one hundred-fold increase on what had been publicly announced just a couple of weeks before – the classic pattern of a viral outbreak.


System Error by Rob Reich

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 2021 United States Capitol attack, A Declaration of the Independence of Cyberspace, Aaron Swartz, AI winter, Airbnb, airport security, Alan Greenspan, Albert Einstein, algorithmic bias, AlphaGo, AltaVista, artificial general intelligence, Automated Insights, autonomous vehicles, basic income, Ben Horowitz, Berlin Wall, Bernie Madoff, Big Tech, bitcoin, Blitzscaling, Cambridge Analytica, Cass Sunstein, clean water, cloud computing, computer vision, contact tracing, contact tracing app, coronavirus, corporate governance, COVID-19, creative destruction, CRISPR, crowdsourcing, data is the new oil, data science, decentralized internet, deep learning, deepfake, DeepMind, deplatforming, digital rights, disinformation, disruptive innovation, Donald Knuth, Donald Trump, driverless car, dual-use technology, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, Fairchild Semiconductor, fake news, Fall of the Berlin Wall, Filter Bubble, financial engineering, financial innovation, fulfillment center, future of work, gentrification, Geoffrey Hinton, George Floyd, gig economy, Goodhart's law, GPT-3, Hacker News, hockey-stick growth, income inequality, independent contractor, informal economy, information security, Jaron Lanier, Jeff Bezos, Jim Simons, jimmy wales, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Perry Barlow, Lean Startup, linear programming, Lyft, Marc Andreessen, Mark Zuckerberg, meta-analysis, minimum wage unemployment, Monkeys Reject Unequal Pay, move fast and break things, Myron Scholes, Network effects, Nick Bostrom, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, NP-complete, Oculus Rift, OpenAI, Panopticon Jeremy Bentham, Parler "social media", pattern recognition, personalized medicine, Peter Thiel, Philippa Foot, premature optimization, profit motive, quantitative hedge fund, race to the bottom, randomized controlled trial, recommendation engine, Renaissance Technologies, Richard Thaler, ride hailing / ride sharing, Ronald Reagan, Sam Altman, Sand Hill Road, scientific management, self-driving car, shareholder value, Sheryl Sandberg, Shoshana Zuboff, side project, Silicon Valley, Snapchat, social distancing, Social Responsibility of Business Is to Increase Its Profits, software is eating the world, spectrum auction, speech recognition, stem cell, Steve Jobs, Steven Levy, strong AI, superintelligent machines, surveillance capitalism, Susan Wojcicki, tech billionaire, tech worker, techlash, technoutopianism, Telecommunications Act of 1996, telemarketer, The Future of Employment, TikTok, Tim Cook: Apple, traveling salesman, Triangle Shirtwaist Factory, trolley problem, Turing test, two-sided market, Uber and Lyft, uber lyft, ultimatum game, union organizing, universal basic income, washing machines reduced drudgery, Watson beat the top human players on Jeopardy!, When a measure becomes a target, winner-take-all economy, Y Combinator, you are the product

Still, there are benefits of surveillance technologies we might consider beyond crime prevention. With the outbreak of the novel coronavirus early in 2020, a chorus of technologists called for rapid innovations in digital disease surveillance. Why stick to an outmoded model of manual contact tracing, with health care workers monitoring the movement of infected individuals, when digital technologies could enable large-scale tracking via GPS devices, cell phone towers, Bluetooth connections, internet searches, and commercial transactions? The tech optimists pointed to South Korea’s success against the coronavirus, where widespread testing combined with a data-driven approach to tracking movement led to rapid declines in the COVID-19 infection rate.

“count me as skeptical”: Anand Giridharadas, “Deleting Facebook Won’t Fix the Problem,” New York Times, January 10, 2019, https://www.nytimes.com/2019/01/10/opinion/delete-facebook.html. The platform brings together: “Where Do We Go as a Society?,” vTaiwan, March 2016, https://info.vtaiwan.tw/. More recently, Tang helped lead: Johns Hopkins, “Mortality Analyses,” Johns Hopkins Coronavirus Resource Center, December 3, 2020, https://coronavirus.jhu.edu/data/mortality. “Americans share every movement”: Ezekiel J. Emanuel, Cathy Zhang, and Aaron Glickman, “Learning from Taiwan About Responding to Covid-19—and Using Electronic Health Records,” STAT, June 30, 2020, https://www.statnews.com/2020/06/30/taiwan-lessons-fighting-covid-19-using-electronic-health-records/.

Her face had been recorded while she was behaving lawfully in public, and the records had been entered into a government database. It’s easy to see that with surveillance comes a potential loss of essential liberties in a democratic society, such as freedom to protest and freedom of expression. It’s no accident that the protestors in Hong Kong in 2019 took to wearing face masks. It wasn’t to protect themselves from the coronavirus, which had yet to emerge. It was to conceal their faces from the omnipresent surveillance cameras that could allow China to record their activity and register them as enemies of the state. At its heart, privacy is about the importance of control over oneself and information about oneself. Privacy protects the experience of intimacy, an essential part of any life, by shielding aspects of our relationship with loved ones that are not the business of others to know.


pages: 296 words: 118,126

The Great Displacement: Climate Change and the Next American Migration by Jake Bittle

augmented reality, clean water, climate anxiety, climate change refugee, coronavirus, cotton gin, COVID-19, decarbonisation, digital map, Donald Trump, energy transition, four colour theorem, gentrification, Google Earth, housing crisis, illegal immigration, immigration reform, longitudinal study, McMansion, off-the-grid, oil shock, place-making, Ralph Waldo Emerson, risk tolerance, smart cities, tail risk, Tipper Gore, Tragedy of the Commons, urban planning, urban renewal, urban sprawl, white flight, Yom Kippur War, young professional

Columba, and by the time they returned to the Keys it was clear that housing would be the defining challenge of the next few years. “Everybody’s house was destroyed,” she told me. “That’s what people would need the most.” We were speaking in the church’s open-air pavilion, where Maconaughey had been delivering outdoor sermons even before the coronavirus pandemic. Irma had weakened the timbers that supported the roof of the chapel, forcing the church to move outside. In the first week Maconaughey was back, she helped transform St. Columba’s campus into a massive shelter for boaters who had lost their homes in the storm, cramming two dozen air mattresses into a loft that had previously been used for an after-school program.

This time firefighters controlled the blaze before it reached the city itself, but the fire still took out close to two hundred homes in the suburbs of Healdsburg and Geyserville, putting additional pressure on the housing market. Around the same time, a large homeless encampment emerged on a bike trail in central Santa Rosa, becoming a sanctuary where people who had been unhoused for years slept alongside those who had lost their homes during the scramble that followed the fires. When the coronavirus pandemic began the following spring, and white-collar remote workers beat a retreat from San Francisco, rents in the area surged even higher, pushing more low-income families out of the housing market. A few months later, yet another fire gnawed away at the region’s already depleted housing stock: the Glass Fire shot the gap between the burn scars of two previous blazes, destroying more than six hundred homes in a section of the hills that had been spared by the Tubbs event.

The couple no longer had their mortgage payment to worry about, but they had emptied their savings on the flood recovery, so they couldn’t even afford to get a lease on a new apartment, let alone a house that would accommodate the twins and the dogs. They stuck it out at Becca’s mother’s house for another six months, and then another year, and then another two years, praying that Sergio’s franchise would start to gain some momentum. The coronavirus pandemic pulled the rug out from under them once more as Sergio’s clients vanished and his usual sales route turned into a ghost town. Becca picked up a little money from an independent yoga practice, but it wasn’t enough to make up the difference. Four years after the storm, Becca and Sergio were no closer to finding a permanent home.


pages: 655 words: 156,367

The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era by Gary Gerstle

2021 United States Capitol attack, A Declaration of the Independence of Cyberspace, affirmative action, Affordable Care Act / Obamacare, air traffic controllers' union, Airbnb, Alan Greenspan, Alvin Toffler, anti-communist, AOL-Time Warner, Bear Stearns, behavioural economics, Bernie Sanders, Big Tech, Black Lives Matter, blue-collar work, borderless world, Boris Johnson, Brexit referendum, British Empire, Broken windows theory, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, collective bargaining, Cornelius Vanderbilt, coronavirus, COVID-19, creative destruction, crony capitalism, cuban missile crisis, David Brooks, David Graeber, death from overwork, defund the police, deindustrialization, democratizing finance, Deng Xiaoping, desegregation, Dissolution of the Soviet Union, Donald Trump, Electric Kool-Aid Acid Test, European colonialism, Ferguson, Missouri, financial deregulation, financial engineering, Francis Fukuyama: the end of history, Frederick Winslow Taylor, full employment, future of work, Future Shock, George Floyd, George Gilder, gig economy, Glass-Steagall Act, global supply chain, green new deal, Greenspan put, guns versus butter model, Haight Ashbury, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, Ida Tarbell, immigration reform, informal economy, invention of the printing press, invisible hand, It's morning again in America, Jeff Bezos, John Perry Barlow, Kevin Kelly, Kitchen Debate, low interest rates, Lyft, manufacturing employment, market fundamentalism, Martin Wolf, mass incarceration, Menlo Park, microaggression, Mikhail Gorbachev, military-industrial complex, millennium bug, Modern Monetary Theory, money market fund, Mont Pelerin Society, mortgage debt, mutually assured destruction, Naomi Klein, neoliberal agenda, new economy, New Journalism, Northern Rock, obamacare, Occupy movement, oil shock, open borders, Peter Thiel, Philip Mirowski, Powell Memorandum, precariat, price stability, public intellectual, Ralph Nader, Robert Bork, Ronald Reagan, scientific management, Seymour Hersh, sharing economy, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, social distancing, Steve Bannon, Steve Jobs, Stewart Brand, Strategic Defense Initiative, super pumped, technoutopianism, Telecommunications Act of 1996, The Bell Curve by Richard Herrnstein and Charles Murray, The Chicago School, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, Uber and Lyft, uber lyft, union organizing, urban decay, urban renewal, War on Poverty, Washington Consensus, We are all Keynesians now, We are the 99%, white flight, Whole Earth Catalog, WikiLeaks, women in the workforce, Works Progress Administration, Y2K, Yom Kippur War

Bernie Sanders, “It’s Time to Complete the Revolution We Started,” The Guardian, February 25, 2019, https://www.theguardian.com/commentisfree/2019/feb/25/its-time-to-complete-the-revolution-we-started; Bernie Sanders, “The Foundations of American Society Are Failing Us,” New York Times, April 19, 2020, https://www.nytimes.com/2020/04/19/opinion/coronavirus-inequality-bernie-sanders.html, accessed September 24, 2021. 28.Emily Cochrane and Sheryl Ann Stolberg, “$2 Trillion Coronavirus Stimulus Bill Is Signed into Law,” New York Times, March 27, 2020, https://www.nytimes.com/2020/03/27/us/politics/coronavirus-house-voting.html, accessed August 30, 2021. 29.Martin Crutsinger, “A New $2.3 Trillion Fed Plan to Aid Localities and Companies,” AP News, April 9, 2020, https://apnews.com/article/municipal-bonds-jerome-powell-financial-markets-virus-outbreak-business-8508af5848939f715622a71a44d3af20, accessed December 20, 2021. 30.Rachel Cohrs, “The Trump Administration Quietly Spent Billions in Hospital Funds on Operation Warp Speed,” Stat News, March 2, 2021, https://www.statnews.com/2021/03/02/trump-administration-quietly-spent-billions-in-hospital-funds-on-operation-warp-speed/, accessed August 30, 2021. 31.Gary Gerstle, “The New Federalism,” The Atlantic, May 6, 2020, https://www.theatlantic.com/ideas/archive/2020/05/new-federalism/611077/, accessed September 27, 2021. 32.As a young husband and father, Biden lost his wife and daughter in a car crash.

He feared offending the large numbers in GOP ranks who were opposed to taking a new vaccine.30 Trump did not take full advantage of his powers during the pandemic. The Defense Production Act of 1950 gave him the authority to direct any sector of the private economy to shift production to materials required for national security. To fight the coronavirus, he could have ordered manufacturing companies to produce ventilators, masks, and other personal protective equipment (PPE) that hospital staffs so urgently needed. He could have commandeered private transportation networks to rush these materials to the cities, towns, and rural areas where they were needed.

Rather than empower the CDC to do its work, Trump seemed to prefer promoting quack cures that he had learned about on social media or from friends or followers. Trump actually seemed to think he could bluff his way past the virus, as he had with so many human adversaries in the past. Half a million Americans died on Trump’s callous watch. The manifest incompetence of Trump’s administration in the face of the coronavirus damaged him politically, especially among suburban middle-class Republican and independent voters who in 2016 had given him their votes. His loss of voters in each of these groups probably cost Trump the 2020 election. A New Political Order? In 2019 and the first quarter of 2020, few people thought much of Joe Biden, the former senator and vice-president.


Sustainable Minimalism: Embrace Zero Waste, Build Sustainability Habits That Last, and Become a Minimalist Without Sacrificing the Planet (Green Housecleaning, Zero Waste Living) by Stephanie Marie Seferian

8-hour work day, Airbnb, big-box store, carbon footprint, circular economy, clean water, climate anxiety, Community Supported Agriculture, coronavirus, COVID-19, crowdsourcing, do what you love, emotional labour, food desert, imposter syndrome, Intergovernmental Panel on Climate Change (IPCC), lifestyle creep, Mason jar, mass immigration, microplastics / micro fibres, ride hailing / ride sharing

By March of 2020, it swiftly and silently crippled most nations, both developed and developing. As economies around the world sputtered to a halt, many Americans found themselves facing uncertain futures. Shoppers panicked, abandoning decorum as they cleared supermarket shelves, hoarded supplies, and left little for others. The terror ushered in by the novel coronavirus pandemic stemmed in large part from the realization that most Americans rely heavily on corporations to provide survival essentials. If grocery stores, gas stations, and other modern conveniences shutter, you’re left relying solely on your own ingenuity to survive. It may be sobering to ruminate over how long you can reasonably keep your family fed and warm after the last of your food, water, and oil runs out.

Qasim and Walter Chiang, Sanitary Landfill Leachate: Generation, Control and Treatment (Florida: CRC Press, 1994) 245. 24 Michael Balter, “The Origins of Tidiness,” Science Magazine, December 18, 2009, https://www.sciencemag.org/news/2009/12/origins-tidiness. 25 Alice Boyes, “6 Benefits of an Uncluttered Space,” Psychology Today, February12, 2018, https://www.psychologytoday.com/us/blog/in-practice/201802/6-benefits-uncluttered-space. 26 Sarah Berger, “Here’s How Much Time Homeowners Spend on Housework Compared to Renters,” CNBC, September 21, 2018, https://www.cnbc.com/2018/09/21/apartment-list-time-owners-spend-on-housework-compared-to-renters.html. 27 Mark Bittman, “A No-Frills Kitchen Still Cooks,” The New York Times, May 9, 2007, https://www.nytimes.com/2007/05/09/dining/09mini.html. 28 J. Kenji López-Alt, “The Food Expiration Dates You Should Actually Follow,”The New York Times, April 15, 2020, https://www.nytimes.com/article/expiration-dates-coronavirus.html. 29 Jason Marsh, “How to Help Kids Learn to Love Giving,” Greater GoodMagazine, December 14, 2016, https://www.greatergood.berkeley.edu/article/item/how_to_help_kids_learn_to_love_giving. 30 Nathaniel Meyersohn, “How the Rise of Supermarkets Left out BlackAmerica,” CNN Business, June 16, 2020, https://www.cnn.com/2020/06/16/business/grocery-stores-access-race-inequality/index.html. 31 “Are Hybrid Cars Worth It?”

National Geographic, June 2018, https://www.nationalgeographic.com/magazine/2018/06/plastic-planet-waste-pollution-trash-crisis/. 135 Lee Drutman, “How Corporate Lobbyists Conquered American Democracy,” The Atlantic, April 20, 2015, https://www.theatlantic.com/business/archive/2015/04/how-corporate-lobbyists-conquered-american-democracy/390822/. 136 Richard Denison, “TSCA Reform Legislation: Enhancing EPA TestingAuthority,” Environmental Defense Fund Health Blog, April 15, 2015, http://blogs.edf.org/health/2015/04/15/tsca-reform-legislation-enhancing-epa-testing-authority/. 137 Isabella Isaacs-Thomas, “Why Your Cosmetics Don’t Have to be Tested forSafety,” PBS, December 16, 2019, https://www.pbs.org/newshour/health/why-your-cosmetics-dont-have-to-be-tested-for-safety. 138 “Introduction to Indoor Air Quality,” United States Environmental ProtectionAgency, accessed 2020, https://www.epa.gov/indoor-air-quality-iaq/introduction-indoor-air-quality. 139 Tara Parker-Pope, “Have I Been Cleaning All Wrong?” The New York Times,May 6, 2020, https://www.nytimes.com/2020/05/06/well/live/coronavirus-cleaning-cleaners-disinfectants-home.html. 140 Lela Nargi and Danielle Braff, “What Kills Bacteria—And What Doesn’t,”Reader’s Digest, September 12, 2020, https://www.rd.com/article/what-kills-bacteria/. 141 Diamond Bridges, “Why You Should Never Use Oven Cleaner and What YouShould Use Instead,” MSN, March 23, 2020, http://www.msn.com/05/en-us/BB11ByAp?


pages: 221 words: 59,755

Under a White Sky: The Nature of the Future by Elizabeth Kolbert

Albert Einstein, Anthropocene, big-box store, clean water, coronavirus, COVID-19, CRISPR, Donald Davies, double helix, Hernando de Soto, Intergovernmental Panel on Climate Change (IPCC), Jacob Silverman, James Watt: steam engine, Kickstarter, lockdown, Maui Hawaii, moral hazard, negative emissions, ocean acidification, Stewart Brand, The Chicago School, We are as Gods, Whole Earth Catalog

“Such a moral stance”: Lackner and Jospe, “Climate Change Is a Waste Management Problem.” global CO2 emissions were down: Chris Mooney, Brady Dennis, and John Muyskens, “Global Emissions Plunged an Unprecedented 17 Percent during the Coronavirus Pandemic,” The Washington Post (May 19, 2020), washingtonpost.com/climate-environment/2020/05/19/greenhouse-emissions-coronavirus/?arc404=true. How long, exactly, is a complicated question: Individual carbon molecules are constantly cycling between atmosphere and oceans and between both of these and the world’s vegetation. However, CO2 levels in the atmosphere are governed by much slower processes.

Yes, people have fundamentally altered the atmosphere. And, yes, this is likely to lead to all sorts of dreadful consequences. But people are ingenious. They come up with crazy, big ideas, and sometimes these actually work. * * * — During the first few months of 2020, a vast, unsupervised experiment took place. As the coronavirus raged, billions of people were ordered to stay home. At the peak of the lockdown, in April, global CO2 emissions were down an estimated seventeen percent compared with the comparable period the previous year. This drop—the largest recorded ever—was immediately followed by a new high. In May 2020, carbon dioxide levels in the atmosphere set a record of 417.1 parts per million.


pages: 430 words: 135,418

Power Play: Tesla, Elon Musk, and the Bet of the Century by Tim Higgins

air freight, asset light, autonomous vehicles, big-box store, call centre, Colonization of Mars, coronavirus, corporate governance, COVID-19, Donald Trump, electricity market, Elon Musk, family office, Ford Model T, gigafactory, global pandemic, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, Jeff Bezos, Jeffrey Epstein, junk bonds, Larry Ellison, low earth orbit, Lyft, margin call, Mark Zuckerberg, Masayoshi Son, Menlo Park, Michael Milken, paypal mafia, ride hailing / ride sharing, Sand Hill Road, self-driving car, Sheryl Sandberg, short selling, side project, Silicon Valley, Silicon Valley startup, skunkworks, SoftBank, Solyndra, sovereign wealth fund, stealth mode startup, Steve Jobs, Steve Jurvetson, Tesla Model S, Tim Cook: Apple, Travis Kalanick, Uber for X, uber lyft, vertical integration

EPILOGUE The government seemed: Chunying Zhang and Ying Tian, “How China Bent Over Backward to Help Tesla,” Bloomberg Businessweek (March 18, 2020), https://www.bloomberg.com/​news/​articles/​2020-03-17/​how-china-bent-over-backward-to-help-tesla-when-the-virus-hit?sref=PRBlrg7S. Accustomed to moving: Tim Higgins, “Tesla Cuts Salaries, Furloughs Workers Under Coronavirus Shutdown,” Wall Street Journal (April 8, 2020), https://www.wsj.com/​articles/​tesla-cuts-salaries-furloughs-workers-under-coronavirus-shutdown-11586364779. Tesla also began: Tim Higgins and Esther Fung, “Tesla Seeks Rent Savings Amid Coronavirus Crunch,” Wall Street Journal (April 13, 2020), https://www.wsj.com/​articles/​tesla-seeks-rent-savings-amid-coronavirus-crunch-11586823630. “Over the past week”: Jeremy C. Owens, Claudia Assis, and Max A. Cherney, “Elon Musk vs.

I like creating products, but I don’t like being CEO, so I tried to have someone else run the company while I developed the car. Unfortunately, that did not work.” *4 In 2018, Tesla sold an estimated 117,000 Model 3 cars compared to 111,000 of the Lexus RX, to make it the top-selling luxury vehicle for the year, according to Edmunds. EPILOGUE “The coronavirus panic is dumb,” Elon Musk tweeted on March 6. It was the same day Apple began encouraging employees to stay home, one of many tech giants taking efforts to slow the spread of the novel virus. The global pandemic of early 2020 was threatening to ruin Tesla’s moment. Just weeks earlier, Musk had been onstage in Shanghai celebrating the start of Model 3 production in China, defying skeptics who thought he couldn’t pull off such a feat in less than a year.


pages: 689 words: 134,457

When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm by Walt Bogdanich, Michael Forsythe

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", "World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, Alistair Cooke, Amazon Web Services, An Inconvenient Truth, asset light, asset-backed security, Atul Gawande, Bear Stearns, Boris Johnson, British Empire, call centre, Cambridge Analytica, carbon footprint, Citizen Lab, cognitive dissonance, collective bargaining, compensation consultant, coronavirus, corporate governance, corporate social responsibility, Corrections Corporation of America, COVID-19, creative destruction, Credit Default Swap, crony capitalism, data science, David Attenborough, decarbonisation, deindustrialization, disinformation, disruptive innovation, do well by doing good, don't be evil, Donald Trump, double entry bookkeeping, facts on the ground, failed state, financial engineering, full employment, future of work, George Floyd, Gini coefficient, Glass-Steagall Act, global pandemic, illegal immigration, income inequality, information security, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, job satisfaction, job-hopping, junk bonds, Kenneth Arrow, Kickstarter, load shedding, Mark Zuckerberg, megaproject, Moneyball by Michael Lewis explains big data, mortgage debt, Multics, Nelson Mandela, obamacare, offshore financial centre, old-boy network, opioid epidemic / opioid crisis, profit maximization, public intellectual, RAND corporation, Rutger Bregman, scientific management, sentiment analysis, shareholder value, Sheryl Sandberg, Silicon Valley, smart cities, smart meter, South China Sea, sovereign wealth fund, tech worker, The future is already here, The Nature of the Firm, too big to fail, urban planning, WikiLeaks, working poor, Yogi Berra, zero-sum game

GO TO NOTE REFERENCE IN TEXT killed more than 900,000: “Coronavirus in the U.S.: Latest Map and Case Count,” New York Times, April 7, 2022. GO TO NOTE REFERENCE IN TEXT “From surviving to thriving”: Kevin Sneader and Bob Sternfels, “From Surviving to Thriving: Reimagining the Post-COVID-19 Return,” McKinsey & Company, May 1, 2020. GO TO NOTE REFERENCE IN TEXT his five Rs: Ibid. GO TO NOTE REFERENCE IN TEXT Within months of the pandemic’s arrival: Ian MacDougall, “How McKinsey Is Making $100 Million (and Counting) Advising on the Government’s Bumbling Coronavirus Response,” ProPublica, July 15, 2020.

McKinsey, perhaps recognizing the bad optics of hosting an event for federal contracting officials, recommended that GSA employees “consult with your GSA ethics officer as to the appropriateness of you participating.” McKinsey hastened to add that the conference had nothing to do with contract procurement, “so we hope it will be fine.” * * * — McKinsey closed out the last year of the Trump administration capitalizing on a dire health-care emergency—the coronavirus pandemic that as of March 2022 had killed more than 900,000 Americans. With the country convulsing from the pandemic, protests over police violence, and a bitter presidential election, McKinsey sought to stay in the spotlight by relentlessly churning out COVID-19 position papers, focusing less on how people should protect themselves and more on how companies could use lessons from the pandemic to improve their competitive standing.

“Our first concern,” they wrote in an April 2020 letter to the White House ethics officer, was that Jared Kushner, the president’s son-in-law, was managing a shadow task force on COVID that included private industry and “a suite of McKinsey consultants.” Apart from the lack of public accountability, the senators raised questions about who was in charge because Vice President Pence was already leading the official White House coronavirus task force. The legislators accused Kushner’s group of playing “a central role in the federal government’s ongoing fiasco of procurement and delivery of ventilators and personal protective equipment.” There was a silver lining, however. The task force apparently worked for free. * * * — For a company that expends so much effort presenting itself as a voice for health-care reform, McKinsey has remained silent on some of the most important health issues of our time.


pages: 642 words: 141,888

Like, Comment, Subscribe: Inside YouTube's Chaotic Rise to World Domination by Mark Bergen

23andMe, 4chan, An Inconvenient Truth, Andy Rubin, Anne Wojcicki, Big Tech, Black Lives Matter, book scanning, Burning Man, business logic, call centre, Cambridge Analytica, citizen journalism, cloud computing, Columbine, company town, computer vision, coronavirus, COVID-19, crisis actor, crowdsourcing, cryptocurrency, data science, David Graeber, DeepMind, digital map, disinformation, don't be evil, Donald Trump, Edward Snowden, Elon Musk, fake news, false flag, game design, gender pay gap, George Floyd, gig economy, global pandemic, Golden age of television, Google Glasses, Google X / Alphabet X, Googley, growth hacking, Haight Ashbury, immigration reform, James Bridle, John Perry Barlow, Justin.tv, Kevin Roose, Khan Academy, Kinder Surprise, Marc Andreessen, Marc Benioff, Mark Zuckerberg, mass immigration, Max Levchin, Menlo Park, Minecraft, mirror neurons, moral panic, move fast and break things, non-fungible token, PalmPilot, paypal mafia, Peter Thiel, Ponzi scheme, QAnon, race to the bottom, recommendation engine, Rubik’s Cube, Salesforce, Saturday Night Live, self-driving car, Sheryl Sandberg, side hustle, side project, Silicon Valley, slashdot, Snapchat, social distancing, Social Justice Warrior, speech recognition, Stanford marshmallow experiment, Steve Bannon, Steve Jobs, Steven Levy, surveillance capitalism, Susan Wojcicki, systems thinking, tech bro, the long tail, The Wisdom of Crowds, TikTok, Walter Mischel, WikiLeaks, work culture

“Well, let’s get this out of the way,” Green began. “How is quarantine?” “It’s tough,” she replied. Wojcicki was facing all the c-suite lockdown challenges: managing a business remotely, caring for stressed-out staff, and bracing for economic nosedives. And she had to deal with the videos that had rushed in about the coronavirus. It was a hoax, a nightmare, a Chinese plague, a product of secret puppet mastery from Bill Gates and Big Pharma. It was one silver cure away from disappearing. Doctors uploaded hours of footage on virology. One physician posted exhaustive instructions for washing groceries, which, it turned out, wasn’t effective against the virus at all; the video went viral anyway.

Afterward, Graham Bennett, his manager at YouTube, started touting Paul’s “newfound maturity” internally. Bennett did not consider YouTube’s issues with incorrigible creators solved. “In an open, free-speech platform, people can still be idiots and racists,” he said. (Paul’s redemption was marred a bit after his YouTuber brother, Jake, appeared in the news for promoting coronavirus hoaxes and looting during summer protests.) But Bennett was certainly pleased with Logan’s turn. The Paul brothers were the most famous members of a YouTube cohort that, unlike prior ones, wasn’t rebelling against staid forms of media. They didn’t watch TV growing up. They watched YouTube. The Pauls had spent much of their sentient lives on-screen, part of a generation with the means and desire to share endlessly for the public record.

Three summers earlier, after the London Bridge attacks, p-zero was violent extremism; then it became child safety. Now, with a deadly pandemic spreading and a contentious U.S. presidential election on the horizon, p-zero was combating misinformation. There were some flare-ups that summer and fall over controversial coronavirus videos, but for the most part those didn’t boil over into publicity disasters. Ahead of the election, Donald Trump’s campaign had asked to use a new YouTube feature: video ads that livestreamed at the top of YouTube.com; Trump had wanted to broadcast his live commentary during the Democratic debates, according to a YouTube employee involved in the discussions.


pages: 352 words: 98,424

Cathedrals of Steam: How London’s Great Stations Were Built – and How They Transformed the City by Christian Wolmar

Ascot racecourse, British Empire, centre right, coronavirus, COVID-19, creative destruction, Crossrail, driverless car, high-speed rail, James Watt: steam engine, lockdown, mass immigration, megacity, megaproject, pneumatic tube, railway mania

Hardback ISBN: 978-1-78649-920-2 E-book ISBN: 978-1-78649-921-9 Paperback ISBN: 978-1-78649-922-6 Map artwork by Jeff Edwards Endpaper image: Detail from The Railway Station by William Powell Frith, 1862. (Photo 12/Alamy Stock Photo) Printed in Great Britain Atlantic Books An imprint of Atlantic Books Ltd Ormond House 26–27 Boswell Street London WC1N 3JZ www.atlantic-books.co.uk Dedicated to my wife, Deborah Maby, with whom I was in lockdown during the coronavirus pandemic for nearly the whole period of writing this book, and who put up with me dodging the housework. Also to Sir John Betjeman, whose writing I sadly cannot match, but whose enthusiasm I can. CONTENTS List of Illustrations Maps Acknowledgements Introduction 1. Starting slowly 2.

Instead, by and large – with the odd exception – London’s terminuses have been greatly enhanced, even much unloved London Bridge, by refurbishments and additions, most notably the new side entrance to King’s Cross. This has been a happy book to write, a positive story for these hard times and one that John Betjeman, who features strongly in the last chapter, would greatly appreciate. The prospects for the future have only been darkened by the coronavirus pandemic sweeping through the country as I write. The effect on the railways has been devastating, with the government and the railway companies urging people not to use the railways, which until then had enjoyed more than two decades of almost uninterrupted growth, reaching record passenger numbers.

APPENDIX I Timeline for the opening of London’s terminus stations: London Bridge 1836 Euston 1837 Fenchurch Street 1840 Waterloo 1848 King’s Cross 1852 Paddington 1854 Victoria 1860 Charing Cross 1864 Cannon Street 1866 St Pancras 1868 Liverpool Street 1874 Marylebone 1899 APPENDIX II Passenger numbers in the year to 31 March 2019 at the London terminuses (before the coronavirus pandemic): (millions) Waterloo 94 Victoria 75 Liverpool Street 69 London Bridge 61 Euston 46 Paddington 38 St Pancras 36 King’s Cross 35 Charing Cross 30 Cannon Street 21 Fenchurch Street 19 Marylebone 16 Source: Office of Road and Rail SELECT BIBLIOGRAPHY THIS IS A highly selective bibliography focusing on the London terminus stations rather than on the capital’s railway system generally, on which there is a vast bibliography.


pages: 372 words: 100,947

An Ugly Truth: Inside Facebook's Battle for Domination by Sheera Frenkel, Cecilia Kang

"World Economic Forum" Davos, 2021 United States Capitol attack, affirmative action, augmented reality, autonomous vehicles, Ben Horowitz, Bernie Sanders, Big Tech, Black Lives Matter, blockchain, Cambridge Analytica, clean water, coronavirus, COVID-19, data science, disinformation, don't be evil, Donald Trump, Edward Snowden, end-to-end encryption, fake news, George Floyd, global pandemic, green new deal, hockey-stick growth, Ian Bogost, illegal immigration, immigration reform, independent contractor, information security, Jeff Bezos, Kevin Roose, Marc Andreessen, Marc Benioff, Mark Zuckerberg, Menlo Park, natural language processing, offshore financial centre, Parler "social media", Peter Thiel, QAnon, RAND corporation, ride hailing / ride sharing, Robert Mercer, Russian election interference, Salesforce, Sam Altman, Saturday Night Live, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, Snapchat, social web, Steve Bannon, Steve Jobs, Steven Levy, subscription business, surveillance capitalism, TechCrunch disrupt, TikTok, Travis Kalanick, WikiLeaks

Within hours, the company went public with its plan to remove harmful misinformation, connect people to authoritative information on the virus, and give unlimited ad credits to the WHO and the CDC to run public service ads about the novel coronavirus. Facebook was the first company in Silicon Valley to issue a response. Zuckerberg was also one of the first American CEOs to shut down offices and authorize employees to work from home. He sent a memo to employees detailing how the coronavirus would affect every aspect of Facebook’s business. The company would likely lose revenue from advertisements as the pandemic crippled businesses across the economy. Facebook’s infrastructure, including its data centers, would be tested to the breaking point as billions of people were online at the same time.

In early April, the number of people who saw Facebook as “good for the world” began to show marked improvement for the first time since the Cambridge Analytica scandal. But at a White House briefing on April 23, Trump put the company to the test when he suggested that disinfectants and ultraviolet light were possible treatments for the novel coronavirus. His remarks, which were quickly debunked by doctors and health professionals, went viral. Within hours of Trump’s comments, more than five thousand posts on the topic sprang up on Facebook and Instagram, viewed by tens of millions of people. Facebook removed a few, but the source of the false and dangerous information, President Trump’s Facebook account, remained untouched.

Every January, for more than a decade: Mary Meisenzahl and Julie Bort, “From Wearing a Tie Every Day to Killing His Own Meat, Facebook CEO Mark Zuckerberg Has Used New Year’s Resolution to Improve Himself Each Year,” Business Insider, January 9, 2020. 16. “protecting our community”: Mark Zuckerberg, Facebook post, January 4, 2018. Chapter 14: Good for the World 1. COVID-19 virus was spreading: “WHO/Coronavirus International Emergency,” January 30, 2020 video can be viewed on UNifeed website. 2. seemed to criticize Twitter’s approach: Yael Halon, “Zuckerberg Knocks Twitter for Fact-Checking Trump,” Fox News online, May 27, 2020. 3. Three days later thirty-three former early employees: https://assets.documentcloud.org/documents/6936057/Facebook-Letter.pdf. 4.


pages: 328 words: 96,678

MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them by Nouriel Roubini

"World Economic Forum" Davos, 2021 United States Capitol attack, 3D printing, 9 dash line, AI winter, AlphaGo, artificial general intelligence, asset allocation, assortative mating, autonomous vehicles, bank run, banking crisis, basic income, Bear Stearns, Big Tech, bitcoin, Bletchley Park, blockchain, Boston Dynamics, Bretton Woods, British Empire, business cycle, business process, call centre, carbon tax, Carmen Reinhart, cashless society, central bank independence, collateralized debt obligation, Computing Machinery and Intelligence, coronavirus, COVID-19, creative destruction, credit crunch, crony capitalism, cryptocurrency, currency manipulation / currency intervention, currency peg, data is the new oil, David Ricardo: comparative advantage, debt deflation, decarbonisation, deep learning, DeepMind, deglobalization, Demis Hassabis, democratizing finance, Deng Xiaoping, disintermediation, Dogecoin, Donald Trump, Elon Musk, en.wikipedia.org, energy security, energy transition, Erik Brynjolfsson, Ethereum, ethereum blockchain, eurozone crisis, failed state, fake news, family office, fiat currency, financial deregulation, financial innovation, financial repression, fixed income, floating exchange rates, forward guidance, Fractional reserve banking, Francis Fukuyama: the end of history, full employment, future of work, game design, geopolitical risk, George Santayana, Gini coefficient, global pandemic, global reserve currency, global supply chain, GPS: selective availability, green transition, Greensill Capital, Greenspan put, Herbert Marcuse, high-speed rail, Hyman Minsky, income inequality, inflation targeting, initial coin offering, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invention of movable type, Isaac Newton, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, junk bonds, Kenneth Rogoff, knowledge worker, Long Term Capital Management, low interest rates, low skilled workers, low-wage service sector, M-Pesa, margin call, market bubble, Martin Wolf, mass immigration, means of production, meme stock, Michael Milken, middle-income trap, Mikhail Gorbachev, Minsky moment, Modern Monetary Theory, money market fund, money: store of value / unit of account / medium of exchange, moral hazard, mortgage debt, Mustafa Suleyman, Nash equilibrium, natural language processing, negative equity, Nick Bostrom, non-fungible token, non-tariff barriers, ocean acidification, oil shale / tar sands, oil shock, paradox of thrift, pets.com, Phillips curve, planetary scale, Ponzi scheme, precariat, price mechanism, price stability, public intellectual, purchasing power parity, quantitative easing, race to the bottom, Ralph Waldo Emerson, ransomware, Ray Kurzweil, regulatory arbitrage, reserve currency, reshoring, Robert Shiller, Ronald Reagan, Salesforce, Satoshi Nakamoto, Savings and loan crisis, Second Machine Age, short selling, Silicon Valley, smart contracts, South China Sea, sovereign wealth fund, Stephen Hawking, TED Talk, The Great Moderation, the payments system, Thomas L Friedman, TikTok, too big to fail, Turing test, universal basic income, War on Poverty, warehouse robotics, Washington Consensus, Watson beat the top human players on Jeopardy!, working-age population, Yogi Berra, Yom Kippur War, zero-sum game, zoonotic diseases

Jeffrey Ball, Angela Ortega Pastor, David Liou, and Emily Dickey, “Hot Money: Illuminating the Financing of High Carbon Infrastructure in the Developing World,” iScience 24, no. 11 (November 19, 2021), https://www.sciencedirect.com/science/article/pii/S2589004221013274. 30. Aaron Bernstein, “Coronavirus, Climate Change, and the Environment,” Harvard T.H. Chan School of Public Health, https://www.hsph.harvard.edu/c-change/subtopics/coronavirus-and-climate-change/. Accessed June 14, 2022. 31. Nicola Ranger, Olivier Mahul, and Irene Monasterolo, “Managing the Financial Risks of Climate Change and Pandemics,” One Earth 4, no. 10 (October 22, 2021): 1375–85, https://www.sciencedirect.com/science/article/abs/pii/S259033222100539X. 32.

Nouriel Roubini, “The Stagflation Threat Is Real,” Project Syndicate, August 30, 2021, https://www.project-syndicate.org/commentary/mild-stagflation-is-here-and-could-persist-or-deepen-by-nouriel-roubini-2021-08. 33. “State of Supply Chains: In the Eye of the Storm,” Accenture. Accessed June 14, 2022 https://www.accenture.com/us-en/insights/consulting/coronavirus-supply-chain-disruption?c=acn_glb_specialreportcogoogle_11296963&n=psgs_0720&gclsrc=aw.ds&gclid=CjwKCAjwo4mIBhBsEiwAKgzXONZcxu7dNt79FwcEdbb81uOeh2HArPmSX1kRZ—REY-ag1hZu9sZOxoCE1wQAvD_BwE. 34. Nouriel Roubini, “The Looming Stagflationary Debt Crisis,” Project Syndicate, June 30, 2021, https://www.project-syndicate.org/commentary/stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06.

Federal Reserve. https://www.federalreserve.gov/faqs/what-is-forward-guidance-how-is-it-used-in-the-federal-reserve-monetary-policy.htm. 11. “Size of the Federal Reserve’s Balance Sheet Since Quantitative Easing (QE) Measures Were Introduced from March 2020 to March 2022,” Statista, https://www.statista.com/statistics/1121416/quantitative-easing-fed-balance-sheet-coronavirus/. 12. “The QE Quandary,” Money Talks from The Economist (podcast), April 27, 2021. 13. Robin Harding, “US Quantitative Measures Work in Defiance of Theory,” Financial Times, October 13, 2014, https://www.ft.com/content/3b164d2e-4f03-11e4-9c88-00144feab7de 14. Paul Taylor, “Circumstances Have Pushed the E.C.B.


pages: 375 words: 102,166

The Genetic Lottery: Why DNA Matters for Social Equality by Kathryn Paige Harden

23andMe, Affordable Care Act / Obamacare, assortative mating, autism spectrum disorder, Bayesian statistics, Berlin Wall, Black Lives Matter, classic study, clean water, combinatorial explosion, coronavirus, correlation coefficient, correlation does not imply causation, COVID-19, CRISPR, crowdsourcing, delayed gratification, deliberate practice, desegregation, double helix, epigenetics, game design, George Floyd, Gregor Mendel, impulse control, income inequality, Jeff Bezos, longitudinal study, low skilled workers, Mark Zuckerberg, meritocracy, meta-analysis, Monkeys Reject Unequal Pay, phenotype, randomized controlled trial, replication crisis, Scientific racism, stochastic process, surveillance capitalism, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, twin studies, War on Poverty, zero-sum game

Across many species, from rodents to rabbits to primates, animals who are higher in the pecking order of social hierarchy live longer and healthier lives.4 In the United States, the richest men live, on average, 15 years longer than the poorest, who have life expectancies at age 40 similar to men in Sudan and Pakistan.5 In my lab’s research, we found that children growing up in low-income families and neighborhoods show epigenetic signs of faster biological aging when they are as young as 8 years old.6 It might be easier for a camel to pass through the eye of a needle than a rich man to enter the gates of Heaven, but the rich man has the consolation of being able to forestall judgment day. These income inequalities are inextricable from inequalities in education. Even before the novel coronavirus pandemic, life spans for White7 Americans without a college degree were actually getting shorter.8 This historically unusual decline in life span, unique among high-income countries, was driven by an epidemic of “deaths of despair,” including overdoses from opioid drugs, complications from alcoholism, and suicides.9 The coronavirus pandemic made things worse. In the US, people with a college education are more likely to have jobs that can be done remotely from home, where they are more protected from exposure to a virus—and more protected from layoffs.10 In addition to living longer and healthier lives, the educated also make more money.

Sarah Bessey, an author and pastor, summarized the various recommendations given by public health officials as all being versions of the same message: “Love the vulnerable with your choices.” As a physically healthy woman in her thirties, with good access to medical care in a highly resourced urban area, I might not be particularly vulnerable to serious illness from coronavirus. But my elderly neighbor is, and her situation will be additionally worsened if the capacity of the medical system is overly taxed by too many people getting sick in the same way in the same place at the same time. Responding to the threat of pandemic illness involves us defining our responsibilities to each other in order to protect the most vulnerable among us.

Some people happen to inherit combinations of genetic variants that, in combination with environments provided by parents and teachers and social institutions, cause them to be more likely to develop a suite of skills and behaviors that are currently valued in the formal education systems of Western capitalist societies. They are not better people. They are not more inherently meritorious. They are, given the ways our society is currently constructed, the least vulnerable. And, if you are reading this book, you are probably one of them. As the threat of coronavirus ripples across the United States and the world, closing schools, shuttering businesses, socially responsible people are asking themselves: What do I need to do protect the most vulnerable in my community? This is the question we should be asking ourselves for long after the pandemic subsides. ACKNOWLEDGMENTS The epigraph for the book comes from The Witch Elm by Tana French, copyright ©2018 by Tana French, reproduced with permission of Penguin Books, an imprint of Penguin Publishing Group, a division of Penguin Random House LLC.


pages: 225 words: 70,590

Curbing Traffic: The Human Case for Fewer Cars in Our Lives by Chris Bruntlett, Melissa Bruntlett

15-minute city, An Inconvenient Truth, autonomous vehicles, bike sharing, BIPOC, car-free, coronavirus, COVID-19, emotional labour, en.wikipedia.org, global pandemic, green new deal, Jane Jacobs, lockdown, Lyft, microplastics / micro fibres, New Urbanism, post-work, RAND corporation, ride hailing / ride sharing, self-driving car, social distancing, streetcar suburb, the built environment, Uber and Lyft, uber lyft, urban planning, white flight, working-age population, World Values Survey

People claimed the road space back, and started walking in the middle of the road without fear.” She also recalls speaking to some of her neighbors for the very first time, who—when they learned she worked in transportation—admitted that they liked their street without all of the traffic. Dr. Wang insists that this is another key ingredient in meaningful change: “Coronavirus is an opportunity to transform not only the city, but also the mindset of the people.” But she’s quick to clarify that it doesn’t need to be revolutionary: “The point of ‘resilience thinking’ is not to overhaul the entire system, but to introduce multiple stable regimes. Not to transform into something else, but to become more transformable, and find somewhere in between as a ‘new normal.’”

“In ecology, resilience is not just about the capability of the system to get back to what is considered as normal after disruption, but also about the capability to be able to transform when it becomes impossible to return to normal,” Wang explains, reiterating that it will take a change in both policy and mindset. “If our system cannot get back to normal after a disturbance such as the coronavirus crisis, then this is our opportunity to transform ourselves and the city together,” she insists. One such opportunity consists of enabling increased walking and cycling among children, which has no negative effect but which has proven difficult due to our long-term “normal” equilibrium induced by a car-dependent transport network.

These options for hyperlocal, sustainable delivery meant these entrepreneurs—many of whom were our neighbors—could compete with the Amazons and Uber Eats of the world, and a situation that might have forced them to close their shutters allowed them to thrive. The question that now remains is whether the COVID-19 pandemic and the ongoing climate crisis will be enough for car-dependent regions to pivot and create a “new normal.” But their reaction to the coronavirus lockdown, and the unique conditions experienced by people across the planet, has allowed for some optimism. In the book Resilient Cities: Overcoming Fossil Fuel Dependence, Peter Newman and colleagues write, “Resilience is built on hope, which gives us confidence and strength. Hope is not blind of the possibility of everything getting worse, but it is a choice we can make when faced with challenges.


One Billion Americans: The Case for Thinking Bigger by Matthew Yglesias

Affordable Care Act / Obamacare, airport security, assortative mating, Big Tech, Boeing 737 MAX, Boris Johnson, British Empire, business logic, carbon footprint, carbon tax, classic study, collective bargaining, Colonization of Mars, congestion charging, congestion pricing, coronavirus, COVID-19, cross-subsidies, deindustrialization, demographic transition, Diane Coyle, Donald Trump, drive until you qualify, Edward Glaeser, Elon Musk, gentrification, global pandemic, Greta Thunberg, high-speed rail, housing crisis, illegal immigration, immigration reform, income inequality, Induced demand, industrial cluster, Kowloon Walled City, low interest rates, mandatory minimum, mass immigration, Mercator projection, minimum wage unemployment, moral panic, New Urbanism, open borders, open immigration, plutocrats, purchasing power parity, race to the bottom, secular stagnation, selective serotonin reuptake inhibitor (SSRI), self-driving car, Silicon Valley, social distancing, superstar cities, tech worker, the built environment, Thomas Malthus, transit-oriented development, white flight, working-age population, Yogi Berra

Both San Francisco mayor London Breed and California governor Gavin Newsom were quick to issue social distancing orders in mid-March, while New York City mayor Bill de Blasio was slower to take equally robust action and New York governor Andrew Cuomo stepped in as the main leader of the response only once the situation was already out of control. Under the circumstances, the focus on density looks suspiciously like an effort to deflect attention from policy failures rather than a real diagnosis of the situation. That’s especially true because the places generally cited as having the strongest coronavirus responses are generally the developed Asian countries—especially Hong Kong, Singapore, South Korea, and Taiwan—all of which are more than ten times as dense as the United States. As of this writing, experts continue to disagree as to exactly what the key to Asian success at containment is. But on a broad sociological level it seems clear that jurisdictions that had more experience with SARS earlier in the twenty-first century did a better job at managing the less deadly but harder-to-track COVID-19 outbreak.

For other crops—including asparagus, strawberries, lettuce, celery, and cucumbers, for example—mechanization techniques were not available, and production simply fell. Wages did not rise; instead, Americans learned to live with reduced produce variety. It’s striking that even the Trump administration has come to recognize the broad social value of seasonal agricultural workers, responding to the coronavirus crisis by streamlining the visa process out of fear that shutting down American consulates in Mexico would make it impossible to recruit enough workers. The same impact on variety exists on the retail and service side of the economy as well. If you visit a place with few immigrants from Mexico—France or Fargo or what have you—you don’t find that taqueria workers are earning vastly more money than their counterparts in Texas.

This worked very well for years, but it ran into trouble in 2008–2009 when they cut rates all the way down to zero and that still wasn’t enough. Then, over a decade later, with the unemployment rate low, interest rates were still at what would have traditionally been considered emergency levels. That meant that when the coronavirus pushed the global economy back into recession, there was only so much room to respond with rate cuts—raising the risk that high unemployment will persist even once the public health emergency passes. Population growth does not figure that centrally in Summers’s writing on secular stagnation, but it was at the heart of Hansen’s original analysis.


pages: 112 words: 34,520

Bill Bailey's Remarkable Guide to Happiness: THE FEELGOOD BOOK OF THE YEAR by Bill Bailey

coronavirus, COVID-19, happiness index / gross national happiness, lockdown, social distancing, Stephen Hawking

To my family and friends, and all those who have shared in these adventures CONTENTS Foreword 1 Crazy Golf 2 A Clear-out 3 Wild Swimming 4 Little Things 5 Music 6 Caring for Plants 7 Restraint 8 Singing 9 Sport 10 Art 11 Personal Reflection 12 Swearing 13 The Unexpected 14 Playing the Gamelan 15 Laughing 16 Equations 17 Paddleboarding 18 Reading 19 Trees 20 Confronting Your Fears (Part 1) 21 Dogs 22 Confronting Your Fears (Part 2) 23 Birdsong 24 Dancing 25 Pleasure 26 Jogging 27 Cycling 28 Being Someone to Rely On 29 Walking 30 Letter Writing 31 Generosity 32 Belonging 33 Being in Nature 34 Speaking Another Language 35 Simplicity 36 Love About Bill Bailey Thank you FOREWORD This book was written during the coronavirus pandemic, largely while we were in lockdown. During this unexpected quiet time at home, I finally got around to archiving my comedy shows, and I was struck, firstly by how much longer my hair was back in the day, and secondly by how much happiness has been a subject that I have explored in my sketches and gigs over many years, to the point that it appears as a constant thread running through it all.

It wows us with its unfathomable strangeness, but also sometimes catches us off guard with how closely it mirrors our own experience, how it speaks directly to us in our everyday lives. Magical while being disarmingly real, like watching your breath disappear on a cold day, or feeling the sun’s warmth on your face. PERSONAL REFLECTION 11 It’s a hot spring day in late April and it feels almost like summer. We are in lockdown due to the coronavirus. The air is drowsy and still with no hint of breeze, and as the heat begins to rise our hens seek out the shady patch of our garden in a hollow under the birch tree. They jostle and bicker and eventually shimmy their backsides into the cool earth to make themselves comfortable, then, suitably ensconced, they doze comically, their red-combed heads drooping, then jerking upright, only to droop once again.


Belgium - Culture Smart!: The Essential Guide to Customs & Culture by Bernadett Varga

Airbnb, Black Lives Matter, centre right, coronavirus, COVID-19, Day of the Dead, high-speed rail, lockdown, Peace of Westphalia, trade route, women in the workforce, work culture

Despite the fact that most households own a car, online shopping is very popular for both personal and household items. On average people in the Charleroi area have a higher preference for shopping by car and favor hypermarkets such as Cora or the other big supermarket-chains. Others in the Louvain/Leuven area also prefer shopping by car and tend to patronize smaller chains such as Delhaize. The coronavirus pandemic, however, has changed the shopping behavior of many—a quarter of Belgians have been prompted to use a different retailer, store, or Web site, and approximately 60 percent have tried something new when shopping. Cash payment is still available in most stores; however, card payment is well established in every supermarket and store.

Cloakroom attendants and restroom attendants (the latter known locally as Madame Pipi) also both expect to be tipped about €1. Taxi drivers are generally given 15 to 20 percent of the fare. Hairdressers, who are quite expensive, tend not to be tipped. Food Delivery One result of the recent coronavirus pandemic was that home food delivery became very popular. Apps such as Takeaway.com, Deliveroo, and Uber Eats offer the delivery of restaurant meals in the main cities. THE ARTS Every cultural taste is catered to in Belgium, and most of them in Brussels. Cinemas, homegrown music of all kinds, and resident theater, opera, and dance companies are all well patronized.


pages: 450 words: 144,939

Unthinkable: Trauma, Truth, and the Trials of American Democracy by Jamie Raskin

2021 United States Capitol attack, affirmative action, Affordable Care Act / Obamacare, back-to-the-land, Bernie Sanders, Black Lives Matter, clean water, coronavirus, COVID-19, cuban missile crisis, defund the police, desegregation, disinformation, Donald Trump, failed state, fake news, George Floyd, hindsight bias, Johann Wolfgang von Goethe, Lyft, mandatory minimum, opioid epidemic / opioid crisis, public intellectual, QAnon, race to the bottom, Ronald Reagan, Silicon Valley, social distancing, Steve Bannon, traumatic brain injury, trolley problem

Then, quickly, the economic calamity of all the shutdowns overcame us, and we needed to address the impending tidal wave of unemployment insurance claims, rental evictions, mortgage foreclosures, and business collapses. Speaker Pelosi named me to the new Select Subcommittee on Response to the Coronavirus Crisis, under the great Jim Clyburn of South Carolina, whose painstaking decision to endorse Joe Biden in the South Carolina Democratic primary pretty much cleared the field and put Biden on the glide path to victory. My legislative and district staffs worked as a team of patriots on both legislation and individual cases to address COVID-19, and I worked with Clyburn and our team to press real public health measures and accountability with regard to the large sums of money we were being forced to spend to rescue public health and our floundering state and local governments.

Hard-core Republicans made a point of not wearing their masks to committee meetings, apparently to model to the Fox News audience some kind of dubious statement about tyranny and freedom, prompting partisan brawls over the efficacy of masks and our duty to set a responsible example for the public. Amazingly, the coronavirus response subcommittee, to which Speaker Pelosi appointed me on April 29, spent large chunks of our precious meeting time simply fighting about whether members of the subcommittee itself should wear masks during our hearings. This kind of surreal and slapstick schoolyard brawl spread through the committee system.

Amazingly, the party that had invented and railed against mythical “death panels” in the Affordable Care Act was now defending Donald Trump and his monstrous mismanagement of COVID-19 that would come to cause hundreds of thousands of unnecessary American deaths, according to Trump’s own COVID-19 point person, Dr. Deborah Birx, the White House coronavirus response coordinator. My Republican colleagues went from collaborating with Trump’s sinister denial of the threat of COVID-19 to covering up for his bizarre promotion of quack medical cures (like hydroxychloroquine and injecting oneself with bleach) to the outrageous embrace of “herd immunity” as the nation’s strategy, which meant just letting the disease wash over the population and kill untold numbers of vulnerable people.


pages: 772 words: 150,109

As Gods: A Moral History of the Genetic Age by Matthew Cobb

"World Economic Forum" Davos, Apollo 11, Asilomar, bioinformatics, Black Lives Matter, Build a better mousetrap, clean water, coronavirus, COVID-19, CRISPR, cryptocurrency, cuban missile crisis, double helix, Dr. Strangelove, Drosophila, Electric Kool-Aid Acid Test, Fellow of the Royal Society, Food sovereignty, global pandemic, Gordon Gekko, greed is good, Higgs boson, lab leak, mega-rich, military-industrial complex, Nelson Mandela, offshore financial centre, out of africa, planetary scale, precautionary principle, profit motive, Project Plowshare, QR code, Ralph Waldo Emerson, Recombinant DNA, Richard Feynman, Ronald Reagan, Scientific racism, Silicon Valley, Skype, stem cell, Steve Jobs, Steve Wozniak, Steven Pinker, Stewart Brand, synthetic biology, tacit knowledge, Thomas Kuhn: the structure of scientific revolutions, Wayback Machine, We are as Gods, Whole Earth Catalog

The sequencing work, which involved extracting viral DNA from body parts kept in formalin and from an Alaskan victim who had been buried in the permafrost in November 1918, was carried out at the US Armed Forces Institute of Pathology. Scientific and public awareness of the possibility of a natural global pandemic was high, given that the world had dodged a bullet in 2002–2003 when a SARS coronavirus epidemic emerged in southern China. The origin of this coronavirus was a spillover event from bats (it took fifteen years to identify the source) – the outbreak resulted in over 8,000 infections with an alarming 10 per cent mortality rate before being stifled by basic public health measures.64 Whereas sequencing the influenza virus was dangerous but could be justified, resurrecting it seemed dangerous but pointless.

If society, the intelligent layperson, understood what was going on, they would say ‘What the F are you doing?’102 Four months later, after the CDC anthrax biosecurity failure became known, the US government imposed a moratorium on the funding of eighteen gain-of-function experiments designed to increase viral pathogenicity in influenza, SARS or MERS viruses. (MERS was another coronavirus early warning we did not properly heed – the outbreak began in the Middle East in 2012 and has rumbled on since, killing over 800 people.) At the time there was a feverish atmosphere in the United States – in a completely unrelated incident, nursing staff treating a patient with Ebola in Los Angeles had recently contracted the disease, causing a nationwide wave of panic that was completely out of proportion to the actual threat.

Despite some kick-back from gain-of-function researchers highlighting the importance of their research for the development of treatments for COVID-19, the fundamental way we have responded to the pandemic was not guided by these studies.122 Furthermore, these same researchers have highlighted the danger from the sudden influx of laboratories into the field of coronavirus research, much as happened in the early years of the century. As viral gain-of-function pioneer Ralph Baric has warned, some of these new researchers may have ‘less respect for the inherent risk posed by this group of pathogens’.123 In 2004, George Poste, a bioterrorism expert at Arizona State University, referenced what happened to physics after the creation of the atomic bomb and predicted: ‘Biology is poised to lose its innocence.’124 Thankfully, that has not yet happened and we can still stop it.


pages: 248 words: 73,689

Age of the City: Why Our Future Will Be Won or Lost Together by Ian Goldin, Tom Lee-Devlin

15-minute city, 1960s counterculture, agricultural Revolution, Alvin Toffler, Anthropocene, anti-globalists, Berlin Wall, Bonfire of the Vanities, Brixton riot, call centre, car-free, carbon footprint, Cass Sunstein, charter city, Chuck Templeton: OpenTable:, clean water, cloud computing, congestion charging, contact tracing, coronavirus, COVID-19, CRISPR, data science, David Brooks, David Ricardo: comparative advantage, decarbonisation, deindustrialization, Deng Xiaoping, desegregation, Edward Glaeser, Edward Jenner, Enrique Peñalosa, fake news, Fall of the Berlin Wall, financial engineering, financial independence, future of work, General Motors Futurama, gentrification, germ theory of disease, global pandemic, global supply chain, global village, Haight Ashbury, Hernando de Soto, high-speed rail, household responsibility system, housing crisis, Howard Rheingold, income per capita, Induced demand, industrial robot, informal economy, invention of the printing press, invention of the wheel, Jane Jacobs, Jeff Bezos, job automation, John Perry Barlow, John Snow's cholera map, Kickstarter, knowledge economy, knowledge worker, labour mobility, Lewis Mumford, lockdown, Louis Pasteur, low interest rates, low skilled workers, manufacturing employment, Marshall McLuhan, mass immigration, megacity, Neal Stephenson, Network effects, New Urbanism, offshore financial centre, open borders, open economy, Pearl River Delta, race to the bottom, Ray Oldenburg, remote working, rent control, Republic of Letters, Richard Florida, ride hailing / ride sharing, rising living standards, Salesforce, Shenzhen special economic zone , smart cities, smart meter, Snow Crash, social distancing, special economic zone, spinning jenny, Steve Jobs, Stewart Brand, superstar cities, the built environment, The Death and Life of Great American Cities, The Great Good Place, The Wealth of Nations by Adam Smith, trade liberalization, trade route, Upton Sinclair, uranium enrichment, urban decay, urban planning, urban sprawl, Victor Gruen, white flight, working poor, working-age population, zero-sum game, zoonotic diseases

We next widen our aperture, in Chapter 7, to consider cities in poorer countries, including the unique challenges that arise from the speed with which they are growing, and the risk of urbanization without prosperity as the traditional manufacturing-led development path becomes increasingly difficult to follow in light of the accelerating pace of automation. Finally, we consider two existential risks confronting humanity – infectious diseases and climate change – and what they mean for cities. In Chapter 8, we look back at the relationship between infectious diseases and cities through history, reflect on the learnings from the coronavirus pandemic and define how cities can help make us more resilient against future pandemics. In Chapter 9, we explore the potential disruption that cities will face from climate change in the decades ahead, the actions that need to be taken to protect populations from the rising impact and frequency of flood, drought and heat extremes, and the role that cities must play in helping to accelerate decarbonization and slow climate change.

Still, for all its flaws, the London system is far superior to car-centric cities in the US like Los Angeles or Atlanta, where a distinctive lack of public transit options acts as a poverty trap for any resident unable to afford a car. In the next chapter, we ask if and how this story might change as a result of the surge in remote working following the coronavirus pandemic. Are we at the start of a new cyclical process of well-off workers fleeing urban centres for greener pastures? 5 Remote Work: The Threat to Cities Enthusiasm for the idea of remote working is nothing new. The first to systematically explore its potential in the modern world was the US physicist Jack Nilles, who in 1976 published a book titled The Telecommunications–Transportation Tradeoff.1 Writing against a backdrop of soaring oil prices and growing excitement about the personal computer, Nilles argued that society was approaching a tipping point.

The second was the subsequent fall in infectious diseases over the past two centuries thanks to rapid advances in our understanding of the underlying mechanisms behind these pathogens. Some epidemiologists believe we are now entering a third transition, in which the emergence of contagious diseases is accelerating towards a speed we can no longer control.22 The coronavirus pandemic, as destructive as it has been, may prove merely a precursor for what is still to come. Ian’s 2014 book The Butterfly Defect explored how the world was becoming more vulnerable to risks like pandemics. Cities, by bringing the world together, have played a central role in this. About 250 people can fit into a single carriage on the New York subway, greater than the size of a typical medieval village.23 In 2019, prior to the pandemic, the global aviation industry completed 4.5 billion passenger journeys, nearly all of which departed and arrived in cities.24 Only through cities can an outbreak of a novel disease in central China cascade in a matter of weeks into a global pandemic.


pages: 256 words: 73,068

12 Bytes: How We Got Here. Where We Might Go Next by Jeanette Winterson

"Margaret Hamilton" Apollo, "World Economic Forum" Davos, 3D printing, Ada Lovelace, Airbnb, Albert Einstein, Alignment Problem, Amazon Mechanical Turk, Anthropocene, Apollo 11, Apple's 1984 Super Bowl advert, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, basic income, Big Tech, bitcoin, Bletchley Park, blockchain, Boston Dynamics, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, cashless society, Charles Babbage, computer age, Computing Machinery and Intelligence, coronavirus, COVID-19, CRISPR, cryptocurrency, dark matter, Dava Sobel, David Graeber, deep learning, deskilling, digital rights, discovery of DNA, Dominic Cummings, Donald Trump, double helix, driverless car, Elon Musk, fake news, flying shuttle, friendly AI, gender pay gap, global village, Grace Hopper, Gregor Mendel, hive mind, housing crisis, Internet of things, Isaac Newton, Jacquard loom, James Hargreaves, Jeff Bezos, Johannes Kepler, John von Neumann, Joseph-Marie Jacquard, Kickstarter, Large Hadron Collider, life extension, lockdown, lone genius, Mark Zuckerberg, means of production, microdosing, more computing power than Apollo, move fast and break things, natural language processing, Nick Bostrom, Norbert Wiener, off grid, OpenAI, operation paperclip, packet switching, Peter Thiel, pink-collar, Plato's cave, public intellectual, QAnon, QWERTY keyboard, Ray Kurzweil, rewilding, ride hailing / ride sharing, Rutger Bregman, Sam Altman, self-driving car, sharing economy, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, Skype, Snapchat, SoftBank, SpaceX Starlink, speech recognition, spinning jenny, stem cell, Stephen Hawking, Steve Bannon, Steve Jobs, Steven Levy, Steven Pinker, superintelligent machines, surveillance capitalism, synthetic biology, systems thinking, tech billionaire, tech worker, TED Talk, telepresence, telepresence robot, TikTok, trade route, Turing test, universal basic income, Virgin Galactic, Watson beat the top human players on Jeopardy!, women in the workforce, Y Combinator

On the Right, though, there was plenty of thought, not new, but ready for a rebrand. It was the usual story. Deregulate. Everyone will be ‘free’ to sell their labour at the ‘market’ price. That was the factory system during the Industrial Revolution. Welcome back. * * * As I write this, in 2021, the coronavirus has shut down the world economy. We have never seen anything like this before. The only way of saving Western economies has been socialism on the dream-scale. The state is paying our wages, backing business loans, guaranteeing jobs. At the opposite end of the dream-scale, tech companies have enriched themselves.

The Sixth Great Extinction is well underway, undermining the network of linked life-support systems – from bees to birds to hedgerows to rivers – that humanity relies on. 98% of available agricultural land is already in use or degraded beyond repair. Meanwhile the human population grows. Nature’s methods of culling humans – and coronavirus is one – are seen as tragedies, not the inevitable outcome of how we live – and perhaps an outcome we have to accept as the start of real change. I do not believe that human life is more valuable than other kinds of life on Planet Earth, or more valuable than Earth herself. And neither will any government, when it is expedient to fight the next war.

Lower down the food-chain, and mostly in the USA, survivalist projects range from family bunkers with enough food, water and ammunition for a year, to something that would be called a commune if the politics were different. People clubbing together to buy land, store fuel, grow their own food. There’s a pioneer tradition behind them in the USA. Vivos is the world’s largest prepper community. In West Dakota, this used to be a military site. Now it’s in private hands and plot sales have soared since coronavirus. 575 bunkers sit inside 18 square miles of chain-fenced land (that’s the size of Manhattan). Security guards patrol the 100 miles of private roads. Your bunker fit-out can include LED windows to simulate outdoor views. Once inside, you and your family will be safe from chemical, biological or nuclear warfare, viruses, environmental disaster, rogue militias, and temporary dictatorships.


pages: 318 words: 73,713

The Shame Machine: Who Profits in the New Age of Humiliation by Cathy O'Neil

2021 United States Capitol attack, Affordable Care Act / Obamacare, basic income, big-box store, Black Lives Matter, British Empire, call centre, cognitive dissonance, colonial rule, coronavirus, COVID-19, crack epidemic, crowdsourcing, data science, delayed gratification, desegregation, don't be evil, Edward Jenner, fake news, George Floyd, Greta Thunberg, Jon Ronson, Kickstarter, linked data, Mahatma Gandhi, mass incarceration, microbiome, microdosing, Nelson Mandela, opioid epidemic / opioid crisis, pre–internet, profit motive, QAnon, Ronald Reagan, selection bias, Silicon Valley, social distancing, Stanford marshmallow experiment, Streisand effect, TikTok, Walter Mischel, War on Poverty, working poor

Karpf would go on to teach the encounter in his media classes, he wrote, as a case study of the so-called Streisand Effect:[*8] when authority figures attempt to repress online content but instead their actions draw massive attention to it. This happens with predictable frequency. Those on top protect their own interests, and shame their antagonists, under the guise of defending the greater good. In July 2020, as protests against police abuses crested around the world and the novel coronavirus swept the globe, a group of 151 authors, artists, and intellectuals put together what they saw as a written defense of free speech. They published it in Harper’s Magazine, the 170-year-old standard of liberalism. “The democratic inclusion we want can be achieved only if we speak out against the intolerant climate that has set in on all sides,” they wrote.

In June 2020, a twenty-three-year-old recluse living near Kobe admitted to killing three family members with a crossbow and injuring a fourth. But the vast majority of them simmer in their loneliness. This they share with too many others. Loneliness is a growing epidemic in the industrialized world, and the coronavirus exacerbated it, leading to a spike in suicides and overdoses. This is typical of shame in many of its manifestations, and it’s a natural response. Whether their shame is stoked by obesity, poverty, addiction, or sexual inadequacy, people who feel vulnerable to judgment shield themselves from others.

Dreyfus,“Why Some Orthodox Jewish Women Won’t Get Vaccinated,” The New York Times, June 11, 2021, https://www.nytimes.com/​2021/​06/​11/​nyregion/​orthodox-jewish-vaccinations.html. GO TO NOTE REFERENCE IN TEXT angry Hasidic men burned their masks: T. Armus,“Brooklyn’s Orthodox Jews Burn Masks in Violent Protests as New York Cracks Down on Rising Coronavirus Cases,” The Washington Post, October 8, 2020, https://www.washingtonpost.com/​nation/​2020/​10/​08/​orthodox-jews-protest-covid-brooklyn/. GO TO NOTE REFERENCE IN TEXT “There’s an anti-authority feeling in the world”: I. Derysh,“Fauci ‘Absolutely Not’ Surprised Trump Got COVID: He ‘Equates Wearing a Mask with Weakness,’ ” Salon, October 19, 2020, https://www.salon.com/​2020/​10/​19/​fauci-absolutely-not-surprised-trump-got-covid-he-equates-wearing-a-mask-with-weakness/.


pages: 342 words: 72,927

Transport for Humans: Are We Nearly There Yet? by Pete Dyson, Rory Sutherland

Abraham Maslow, Alan Greenspan, autonomous vehicles, barriers to entry, behavioural economics, bitcoin, Black Swan, Boeing 747, BRICs, butterfly effect, car-free, carbon footprint, Charles Babbage, choice architecture, cognitive bias, cognitive load, coronavirus, COVID-19, Crossrail, Daniel Kahneman / Amos Tversky, decarbonisation, demand response, Diane Coyle, digital map, driverless car, Dunning–Kruger effect, Elon Musk, fake news, functional fixedness, gender pay gap, George Akerlof, gig economy, global supply chain, Goodhart's law, Greta Thunberg, Gödel, Escher, Bach, high-speed rail, hive mind, Hyperloop, Induced demand, informal economy, Isaac Newton, Jane Jacobs, lockdown, longitudinal study, loss aversion, low cost airline, Lyft, megaproject, meta-analysis, Network effects, nudge unit, Ocado, overview effect, Paul Samuelson, performance metric, pneumatic tube, RAND corporation, randomized controlled trial, remote working, ride hailing / ride sharing, risk tolerance, Rory Sutherland, Sapir-Whorf hypothesis, selection bias, Skype, smart transportation, social distancing, South Sea Bubble, systems thinking, TED Talk, the map is not the territory, The Market for Lemons, the scientific method, The Wisdom of Crowds, Thomas Malthus, Uber and Lyft, uber lyft, urban planning, Veblen good, When a measure becomes a target, yield management, zero-sum game

Exploring changes in active travel uptake and cessation across the lifespan: longitudinal evidence from the UK Household Longitudinal Survey. Preventive Medicine Reports 13, 57–61. 17 World Economic Forum. 2020. An overwhelming majority of people want real change after COVID-19. WEF website, September (www.weforum.org/agenda/2020/09/sustainable-equitable-change-post-coronavirus-survey/). 18 A recent addition to the literature in this area is C. R. Sunstein’s How Change Happens (MIT Press, 2019). 19 S. Bamberg and J. Rees. 2017. The impact of voluntary travel behavior change measures – a meta-analytical comparison of quasi-experimental and experimental evidence.

Behavioural science can help transport planners to communicate with the public to inspire confidence in project planning. One persistent source of optimism bias is the faith put in technological progress, which often overestimates the social impact of innovation, especially in the short term. Further reading Bottemanne, H., Morlaàs, O., Fossati, P., and Schmidt, L. 2020. Does the coronavirus epidemic take advantage of human optimism bias? Frontiers in Psychology 11, 26 August (https://doi.org/10.3389/fpsyg.2020.02001). Kay, J. A., and King, M. A. 2020. Radical Uncertainty. London: Bridge Street Press. Kreiner, K. 2020. Conflicting notions of a project: the battle between Albert O.

Business disruptions from social distancing. PLOS ONE 15(9), e0239113 (https://doi.org/10.1371/journal.pone.0239113). 33 Barrero, Bloom and Davis (2021). Why working from home will stick. 34 E. DeFilippis, S. M. Impink, M. Singell, J. T. Polzer and R. Sadun. 2020. Collaborating during coronavirus: the impact of COVID-19 on the nature of work. Working Paper 27612, July, National Bureau of Economic Research (www.nber.org/papers/w27612). 35 See Robert Whaples’s review of Benjamin Hunnicutt’s Kellogg’s Six-Hour Day (Temple University Press, Philadelphia, PA, 1998) in Humanities and Social Sciences Online, September (www.h-net.org/reviews/showrev.php?


The Trauma Chronicles by Westaby, Stephen

Albert Einstein, British Empire, coronavirus, COVID-19, Donald Trump, James Dyson, lockdown, Nelson Mandela, social distancing, Stephen Hawking

The device is just what it says on the box: a long sausage shaped balloon, rhythmically inflated then deflated by helium gas to reduce the amount of work the left ventricle has to do. Sadly, it doesn’t pump much blood. We needed a different system for that known as ‘extra corporeal membrane oxygenation’ or ECMO, that I had pioneered for the UK, but the NHS wouldn’t pay for it even in heart surgery centres and my ‘freebies’ had run out. Many Coronavirus patients needed ECMO during the pandemic but the whole of the UK could only manage a total of thirty circuits in five hospitals. Desperately disappointing as it was proven to save lives. Death is cheap, and die he did, a couple of days later from heart failure. He never woke from his head injury.

Covid killed 100,000 people through lung and multi-organ failure in 2020 alone. Of course, the doctors, nurses and technical staff we did have made heroic efforts under terribly difficult circumstances. When members of the Doctors Association were polled with the question ‘do you feel that the NHS was prepared for Coronavirus?,’ 99.5% of responders replied ‘No.’ That hardly inspired confidence, nor did the availability of personal protective equipment. A ‘Dad’s Army’ of retired medical staff, including members of my own family, went back to the wards but it was difficult to make a difference without any acknowledged treatment for the lung failure.

It was C5 that I had measured for the first time in bypass patients. And just as we had employed steroids all those years ago, dexamethasone became the treatment of choice for Covid-19. I presented my arguments again in a surgical journal. The title of the paper was ‘A cardiac surgeon’s perspective on the treatment of Coronavirus’ with the subtitle ‘Can interventions that surgeons use for prophylaxis protect against the cytokine storm?’ Of course this had no influence. The pandemic was being managed by a committee of wise men whose eyes were closed to all but their own concepts. The small number of eminent virologists and statisticians provided their best advice to the government and sadly a huge pile of bodies followed.


pages: 386 words: 112,064

Rich White Men: What It Takes to Uproot the Old Boys' Club and Transform America by Garrett Neiman

"World Economic Forum" Davos, Affordable Care Act / Obamacare, Albert Einstein, basic income, Bernie Sanders, BIPOC, Black Lives Matter, Branko Milanovic, British Empire, Capital in the Twenty-First Century by Thomas Piketty, carried interest, clean water, confounding variable, coronavirus, COVID-19, critical race theory, dark triade / dark tetrad, data science, Donald Trump, drone strike, effective altruism, Elon Musk, gender pay gap, George Floyd, glass ceiling, green new deal, high net worth, Home mortgage interest deduction, Howard Zinn, impact investing, imposter syndrome, impulse control, income inequality, Jeff Bezos, Jeffrey Epstein, John Maynard Keynes: Economic Possibilities for our Grandchildren, knowledge worker, Larry Ellison, liberal capitalism, Lyft, Mahatma Gandhi, mandatory minimum, Mark Zuckerberg, mass incarceration, means of production, meritocracy, meta-analysis, Michael Milken, microaggression, mortgage tax deduction, move fast and break things, Nelson Mandela, new economy, obamacare, occupational segregation, offshore financial centre, Paul Buchheit, Peter Thiel, plutocrats, Ralph Waldo Emerson, randomized controlled trial, rent-seeking, Ronald Reagan, Rutger Bregman, Sheryl Sandberg, Silicon Valley, Snapchat, sovereign wealth fund, Steve Jobs, subprime mortgage crisis, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, Travis Kalanick, trickle-down economics, uber lyft, universal basic income, Upton Sinclair, War on Poverty, white flight, William MacAskill, winner-take-all economy, women in the workforce, work culture , working poor

Ashlea Ebeling, “IRS Announces 2016 Estate and Gift Tax Limits: The $10.9 Million Tax Break,” Forbes, October 22, 2015, https://www.forbes.com/sites/ashleaebeling/2015/10/22/irs-announces-2016-estate-and-gift-tax-limits-the-10-9-million-tax-break/. 41. Taylor Nicole Rogers, “Meet Bill Ackman, the Controversial Hedge-Fund Manager Who Made $2.6 Billion off the Coronavirus Market Crash in March,” Business Insider, April 9, 2020, https://www.businessinsider.com/bill-ackman-billionaire-hedgefund-manager-made-billions-off-coronavirus-crash-2020-4. 42. Benjamin I. Page, Larry M. Bartels, and Jason Seawright, “Democracy and the Policy Preferences of Wealthy Americans,” Perspectives on Politics 11, no. 1 (March 2013): 51–73, https://doi.org/10.1017/S153759271200360X. 43.

“Why Women Governors May Be Better Crisis Leaders: A Study of States during COVID-19,” Wisconsin School of Business, July 14, 2020, https://business.wisc.edu/news/leadership-during-the-pandemic-states-with-women-governors-had-fewer-covid-19-deaths/. 20. Jon Henley, “Female-Led Countries Handled Coronavirus Better, Study Suggests,” The Guardian, August 18, 2020, https://www.theguardian.com/world/2020/aug/18/female-led-countries-handled-coronavirus-better-study-jacinda-ardern-angela-merkel. 21. Quoted in “Barack Obama: Women Are Better Leaders Than Men,” BBC News, December 16, 2019, https://www.bbc.com/news/world-asia-50805822. 22. James C. Collins, Good to Great: Why Some Companies Make the Leap—and Others Don’t (New York: Harper Business, 2001); Travis Bradberry, Jean Greaves, and Patrick Lencioni, Emotional Intelligence 2.0 (San Diego, CA: Talent Smart, 2009); Bill George and Warren G.


pages: 935 words: 197,338

The Power Law: Venture Capital and the Making of the New Future by Sebastian Mallaby

"Susan Fowler" uber, 23andMe, 90 percent rule, Adam Neumann (WeWork), adjacent possible, Airbnb, Apple II, barriers to entry, Ben Horowitz, Benchmark Capital, Big Tech, bike sharing, Black Lives Matter, Blitzscaling, Bob Noyce, book value, business process, charter city, Chuck Templeton: OpenTable:, Clayton Christensen, clean tech, cloud computing, cognitive bias, collapse of Lehman Brothers, Colonization of Mars, computer vision, coronavirus, corporate governance, COVID-19, cryptocurrency, deal flow, Didi Chuxing, digital map, discounted cash flows, disruptive innovation, Donald Trump, Douglas Engelbart, driverless car, Dutch auction, Dynabook, Elon Musk, Fairchild Semiconductor, fake news, family office, financial engineering, future of work, game design, George Gilder, Greyball, guns versus butter model, Hacker Ethic, Henry Singleton, hiring and firing, Hyperloop, income inequality, industrial cluster, intangible asset, iterative process, Jeff Bezos, John Markoff, junk bonds, Kickstarter, knowledge economy, lateral thinking, liberal capitalism, Louis Pasteur, low interest rates, Lyft, Marc Andreessen, Mark Zuckerberg, market bubble, Marshall McLuhan, Mary Meeker, Masayoshi Son, Max Levchin, Metcalfe’s law, Michael Milken, microdosing, military-industrial complex, Mitch Kapor, mortgage debt, move fast and break things, Network effects, oil shock, PalmPilot, pattern recognition, Paul Graham, paypal mafia, Peter Thiel, plant based meat, plutocrats, power law, pre–internet, price mechanism, price stability, proprietary trading, prudent man rule, quantitative easing, radical decentralization, Recombinant DNA, remote working, ride hailing / ride sharing, risk tolerance, risk/return, Robert Metcalfe, ROLM, rolodex, Ronald Coase, Salesforce, Sam Altman, Sand Hill Road, self-driving car, shareholder value, side project, Silicon Valley, Silicon Valley startup, Skype, smart grid, SoftBank, software is eating the world, sovereign wealth fund, Startup school, Steve Jobs, Steve Wozniak, Steven Levy, super pumped, superconnector, survivorship bias, tech worker, Teledyne, the long tail, the new new thing, the strength of weak ties, TikTok, Travis Kalanick, two and twenty, Uber and Lyft, Uber for X, uber lyft, urban decay, UUNET, vertical integration, Vilfredo Pareto, Vision Fund, wealth creators, WeWork, William Shockley: the traitorous eight, Y Combinator, Zenefits

This is certainly true sometimes: Impossible Foods is an example. On the other hand, video games and social media promote screen addiction and fake news, even as they entertain, inform, and allow Grandma to admire pictures of her distant grandchildren. The gap between VC rhetoric and VC practice is easily mocked. In April 2020, in the throes of the coronavirus pandemic, the venture capitalist Marc Andreessen proclaimed that it was “time to build.” “Where are the high-speed trains, the soaring monorails, the hyperloops, and yes, the flying cars?” he demanded.[37] The following month Andreessen’s partnership invested in Clubhouse, an invitation-only social-media app.

Toward the end of the 2010s, Sequoia began to lay on workshops for entrepreneurs: an event called Base Camp gathered founders for weekends in the mountains, featuring campfires, wigwam tents, and speakers on everything from technology to architecture. Another offering called the Company Design Program featured courses taught by the firm’s partners. Amid the coronavirus pandemic of 2020, the partnership launched a founders’ app called Ampersand. Sequoia-backed entrepreneurs used it to stay in touch with one another and test management ideas. Should they adjust compensation when workers went remote? How to help team members whose mental health deteriorated?[25] Three years after Goetz and Botha had been informally promoted, at the start of 2012, Leone got a strange message from Moritz.

The recent bankruptcy of a hardware-based communications software company, Avaya, suggested that the cloud’s moment was arriving. The hedge funders duly made three cloud-communications bets: Twilio, RingCentral, and the videoconferencing company Zoom. The first two generated 4x and 5x over the next two years. Assisted by the coronavirus pandemic, Zoom emerged as one of the breakout tech companies of 2020, generating 9x. Meanwhile, Sequoia’s hedge fund was short legacy telecom companies that would lose out from the transition to the cloud. One thematic insight had generated multiple winning positions. By the beginning of 2021, Sequoia Capital Global Equities had $10 billion under management.


pages: 291 words: 80,068

Framers: Human Advantage in an Age of Technology and Turmoil by Kenneth Cukier, Viktor Mayer-Schönberger, Francis de Véricourt

Albert Einstein, Andrew Wiles, Apollo 11, autonomous vehicles, Ben Bernanke: helicopter money, Berlin Wall, bitcoin, Black Lives Matter, blockchain, Blue Ocean Strategy, circular economy, Claude Shannon: information theory, cognitive dissonance, cognitive load, contact tracing, coronavirus, correlation does not imply causation, COVID-19, credit crunch, CRISPR, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, deep learning, DeepMind, defund the police, Demis Hassabis, discovery of DNA, Donald Trump, double helix, Douglas Hofstadter, Elon Musk, en.wikipedia.org, fake news, fiat currency, framing effect, Francis Fukuyama: the end of history, Frank Gehry, game design, George Floyd, George Gilder, global pandemic, global village, Gödel, Escher, Bach, Higgs boson, Ignaz Semmelweis: hand washing, informal economy, Isaac Newton, Jaron Lanier, Jeff Bezos, job-hopping, knowledge economy, Large Hadron Collider, lockdown, Louis Pasteur, Mark Zuckerberg, Mercator projection, meta-analysis, microaggression, Mustafa Suleyman, Neil Armstrong, nudge unit, OpenAI, packet switching, pattern recognition, Peter Thiel, public intellectual, quantitative easing, Ray Kurzweil, Richard Florida, Schrödinger's Cat, scientific management, self-driving car, Silicon Valley, Steve Jobs, Steven Pinker, TED Talk, The Structural Transformation of the Public Sphere, Thomas Kuhn: the structure of scientific revolutions, TikTok, Tim Cook: Apple, too big to fail, transaction costs, Tyler Cowen

Now, fast-forward to 2020. When the novel coronavirus blipped onto public health authorities’ radar early that year, it wasn’t clear what sort of disease the world was dealing with. Seven coronaviruses were then known to affect humans, with a wide range of infection rates and lethality. Some cause the common cold. Others, like SARS (in Asia in 2002 to 2004) and MERS (in the Middle East in 2012), proved to have harsher symptoms, longer incubation periods, and case fatality rates of 10 percent and 35 percent, respectively. Yet the world had endured coronavirus outbreaks before, and they were squelched, just as Ebola had been.

New Zealand’s brilliant Covid response: Interview by Kenneth Cukier with Michael Baker, health adviser to the government, June 2020. Britain’s pathetic Covid response: “Britain Has the Wrong Government for the Covid Crisis,” Economist, June 18, 2020, https://www.economist.com/leaders/2020/06/18/britain-has-the-wrong-government-for-the-covid-crisis. Britain’s Covid performance in June: “Coronavirus: UK Daily Deaths Drop to Pre-lockdown Level,” BBC News, June 8, 2020, https://www.bbc.co.uk/news/uk-52968160. UK data on deaths and cases: “COVID-19 Pandemic Data in the United Kingdom,” Wikipedia, accessed October 30, 2020, https://en.wikipedia.org/wiki/Template:COVID-19_pandemic_data/United_Kingdom_medical_cases_chart.


pages: 251 words: 80,831

Super Founders: What Data Reveals About Billion-Dollar Startups by Ali Tamaseb

"World Economic Forum" Davos, 23andMe, additive manufacturing, Affordable Care Act / Obamacare, Airbnb, Anne Wojcicki, asset light, barriers to entry, Ben Horowitz, Benchmark Capital, bitcoin, business intelligence, buy and hold, Chris Wanstrath, clean water, cloud computing, coronavirus, corporate governance, correlation does not imply causation, COVID-19, cryptocurrency, data science, discounted cash flows, diversified portfolio, Elon Musk, Fairchild Semiconductor, game design, General Magic , gig economy, high net worth, hiring and firing, index fund, Internet Archive, Jeff Bezos, John Zimmer (Lyft cofounder), Kickstarter, late fees, lockdown, Lyft, Marc Andreessen, Marc Benioff, Mark Zuckerberg, Max Levchin, Mitch Kapor, natural language processing, Network effects, nuclear winter, PageRank, PalmPilot, Parker Conrad, Paul Buchheit, Paul Graham, peer-to-peer lending, Peter Thiel, Planet Labs, power law, QR code, Recombinant DNA, remote working, ride hailing / ride sharing, robotic process automation, rolodex, Ruby on Rails, Salesforce, Sam Altman, Sand Hill Road, self-driving car, shareholder value, sharing economy, side hustle, side project, Silicon Valley, Silicon Valley startup, Skype, Snapchat, SoftBank, software as a service, software is eating the world, sovereign wealth fund, Startup school, Steve Jobs, Steve Wozniak, survivorship bias, TaskRabbit, telepresence, the payments system, TikTok, Tony Fadell, Tony Hsieh, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, ubercab, web application, WeWork, work culture , Y Combinator

This is because Eric knew exactly what shortcomings he needed to fix—he was working at a company he would soon be competing against. He was laser focused on the product, and he made it his mission to satisfy his customers. In 2018, Zoom became the industry leader in both market share and customer satisfaction, with ratings more than two times the industry average. The coronavirus-related pandemic of 2020, which led to many companies and schools adopting work- and teach-from-home policies, significantly boosted Zoom’s business, doubling its revenues in one quarter and quadrupling its valuation in the public markets. In 2011, Cisco and Polycom owned the majority of the enterprise videoconferencing market.

The total amount of venture capital investment was reduced from over $40 billion in 2008 to less than $30 billion a year later, affecting startups raising money in 2009 and 2010. More starkly, those startups had to take investments at lower valuations. Pre-money valuations dropped from an average of $40 million for a series C round in 2007 to about $25 million in 2009. Similarly, the coronavirus-related lockdown in 2020 temporarily reduced investment activity by about 25 percent, but it quickly bounced back to normal and then increased even higher afterward. Overall, booms and busts in the economy, including in the stock market, have an impact both on the amounts invested by VC firms and on valuations, with later-stage startups getting hit harder.

Michael Arrington, “Benchmark Capital Advises Startups to Conserve Capital, Look for Opportunities,” TechCrunch, October 9, 2008, https://techcrunch.com/2008/10/09/benchmark-capital-advises-startups-to-conserve-capital/. 3. Don Butler, “Pre-Money Valuation” (chart), Forbes, March 17, 2020, www.forbes.com/sites/donbutler/2020/03/17/this-downturn-will-be-different-what-we-expect-in-a-recession-marred-by-coronavirus/#201610ad2cd7. 4. Todd McKinnon, “Why I’m Not Crazy,” Scribd, accessed July 30, 2020, www.scribd.com/document/440970657/Why-I-m-Not-Crazy-Todd-McKinnon-Okta-002#from_embed. CHAPTER 15: CAPITAL EFFICIENCY 1. Forbes, “How Katrina Lake Defied the Investment World to Build a $3 Billion Business,” video, August 9, 2018, www.youtube.com/watch?


pages: 338 words: 85,566

Restarting the Future: How to Fix the Intangible Economy by Jonathan Haskel, Stian Westlake

"Friedman doctrine" OR "shareholder theory", activist fund / activist shareholder / activist investor, Andrei Shleifer, Big Tech, Black Lives Matter, book value, Boris Johnson, Brexit referendum, business cycle, business process, call centre, Capital in the Twenty-First Century by Thomas Piketty, central bank independence, Charles Lindbergh, charter city, cloud computing, cognitive bias, cognitive load, congestion charging, coronavirus, corporate governance, COVID-19, creative destruction, cryptocurrency, David Graeber, decarbonisation, Diane Coyle, Dominic Cummings, Donald Shoup, Donald Trump, Douglas Engelbart, Douglas Engelbart, driverless car, Edward Glaeser, equity risk premium, Erik Brynjolfsson, Estimating the Reproducibility of Psychological Science, facts on the ground, financial innovation, Francis Fukuyama: the end of history, future of work, general purpose technology, gentrification, Goodhart's law, green new deal, housing crisis, income inequality, index fund, indoor plumbing, industrial cluster, inflation targeting, intangible asset, interchangeable parts, invisible hand, job-hopping, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kenneth Arrow, knowledge economy, knowledge worker, lockdown, low interest rates, low skilled workers, Marc Andreessen, market design, Martin Wolf, megacity, mittelstand, new economy, Occupy movement, oil shock, patent troll, Peter Thiel, Phillips curve, postindustrial economy, pre–internet, price discrimination, quantitative easing, QWERTY keyboard, remote working, rent-seeking, replication crisis, risk/return, Robert Gordon, Robert Metcalfe, Robert Shiller, Ronald Coase, Sam Peltzman, Second Machine Age, secular stagnation, shareholder value, Silicon Valley, six sigma, skeuomorphism, social distancing, superstar cities, the built environment, The Rise and Fall of American Growth, The Spirit Level, The Wealth of Nations by Adam Smith, Thorstein Veblen, total factor productivity, transaction costs, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber for X, urban planning, We wanted flying cars, instead we got 140 characters, work culture , X Prize, Y2K

,” Bank Underground, January 13, 2020, https://bankunderground.co.uk/2020/01/13/whats-been-driving-long-run-house-price-growth-in-the-uk/. 11. Fischel 2005. See also Pennington 2001. 12. Max Nathan and Henry Overman discuss the impacts of COVID-19 on cities in “Will Coronavirus Cause a Big City Exodus?,” Economics Observatory, September 22, 2020, https://www.coronavirusandtheeconomy.com/question/will-coronavirus-cause-big-city-exodus. 13. Forth 2018. 14. Paul Krugman, “The Gambler’s Ruin of Small Cities (Wonkish),” New York Times, December 30, 2017, https://www.nytimes.com/2017/12/30/opinion/the-gamblers-ruin-of-small-cities-wonkish.html. 15.

Joel Mokyr has advanced the view that perhaps the growth impact of ICT on health via personalised medicine, gene therapy, and other technologies is yet to play out because these areas have so much promise but are very hard to apply new technology to.30 Technology has not yet lost its ability to surprise us for the better: early in 2020 many wondered if a COVID-19 vaccine would be years off. As it happened, not only were several safe, effective vaccines developed within a matter of months, but progress was made towards generalisable coronavirus vaccines, and an apparently effective malaria vaccine emerged, too. Education: Is Growth Over? A second explanation for the productivity growth slowdown is the contribution of education. Some details of Vollrath’s calculation are worth discussing. As he explains, we can account for growth in output per capita by growth in inputs per capita.


Emotional Labor: The Invisible Work Shaping Our Lives and How to Claim Our Power by Rose Hackman

Affordable Care Act / Obamacare, basic income, behavioural economics, Black Lives Matter, cognitive load, collective bargaining, coronavirus, COVID-19, dark triade / dark tetrad, David Graeber, demand response, do what you love, Donald Trump, Downton Abbey, emotional labour, equal pay for equal work, European colonialism, Ferguson, Missouri, financial independence, game design, glass ceiling, immigration reform, invisible hand, job automation, lockdown, mass incarceration, medical bankruptcy, meta-analysis, Nelson Mandela, performance metric, Sheryl Sandberg, Silicon Valley, Snapchat, social distancing, TED Talk, The Great Resignation, TikTok, transatlantic slave trade, universal basic income, W. E. B. Du Bois, wages for housework, women in the workforce, working poor, zero-sum game

The effects of this draining emotional labor seep into her private life, where she is trying to complete a graduate degree while providing a steady, loving environment for her sixteen-year-old daughter. “People say whatever happens at work stays at work. That doesn’t work with me,” she says of the supposed clear separation between work life and private life, a complaint that became nearly universal to working women with families during the initial years of the coronavirus pandemic. At home, as a single mother of a dark-skinned Black female teenager, Bri, Ashley doesn’t just juggle all of the domestic duties and bills; she is also sole counselor to and champion for her daughter, whose basic needs she feels the system is failing. After some boys started bullying her for her looks, Ashley noticed her young daughter internalizing more and more negative messages about herself.

Lucy, a New Orleans native and patient care technician, remembers hearing about the first cases in the news on a Tuesday, but they weren’t at the top of her mind when she headed into work the following Saturday in one of the city’s thirty-one hospitals. It wasn’t until she got to the doors of her unit and read a sign stating RESTRICTED AREA that she began to understand. “You didn’t know?” a colleague asked on their way in, seeing her sudden motionlessness. “This is the quarantine unit. This is where people with coronavirus go.” Lucy’s mind raced, overwhelmed. She sat down, focused on breathing, and slowly calmed herself, preparing for what was ahead. That first COVID-19-pandemic shift, there was little reassurance outside of her own to be found. No one had a plan; the nurses around her, her immediate superiors, were scared; and there weren’t enough gloves or masks to go around.

It is the only country among the world’s twenty wealthiest to not provide affordable universal health care to its citizens.8 Among forty-one developed nations, the United States is the only country to still not guarantee its citizens—mothers or fathers—any paid parental leave at all.9 In March 2021, after a year of economic crisis during which unemployment doubled because of the coronavirus pandemic that by then had killed half a million people in the United States, President Joe Biden signed into effect a $1.9 trillion COVID-19 relief package that was set to create the largest expansion to the social safety net in a generation. Among the policies introduced was an expanded child tax credit that would provide families up to $3,600 a year per child.


pages: 592 words: 125,186

The Science of Hate: How Prejudice Becomes Hate and What We Can Do to Stop It by Matthew Williams

3D printing, 4chan, affirmative action, agricultural Revolution, algorithmic bias, Black Lives Matter, Brexit referendum, Cambridge Analytica, citizen journalism, cognitive dissonance, coronavirus, COVID-19, dark matter, data science, deep learning, deindustrialization, desegregation, disinformation, Donald Trump, European colonialism, fake news, Ferguson, Missouri, Filter Bubble, gamification, George Floyd, global pandemic, illegal immigration, immigration reform, impulse control, income inequality, longitudinal study, low skilled workers, Mark Zuckerberg, meta-analysis, microaggression, Milgram experiment, Oklahoma City bombing, OpenAI, Overton Window, power law, selection bias, Snapchat, statistical model, The Turner Diaries, theory of mind, TikTok, twin studies, white flight

Parkin, ‘“A Threat to Health Is Being Weaponised”: Inside the Fight against Online Hate Crime’, Guardian, 2 May 2020; K. Paul, ‘Facebook Reports Spike in Takedowns of Hate Speech’, Reuters, 12 May 2020. 5. EU vs Disinfo, ‘EEAS Special Report Update: Short Assessment of Narratives and Disinformation around the Covid-19/Coronavirus Pandemic’, 24 April 2020, euvsdisinfo.eu/eeas-special-report-update-2-22-april; C. Miller, ‘White Supremacists See Coronavirus as an Opportunity’, Southern Poverty Law Center, 26 March 2020. * ‘Average’ white middle-class boys, or more generally people from Western, Educated, Industrialised, Rich and Democratic (WEIRD) societies, make up the bulk of subjects in scientific studies on human behaviour.

., ‘The Trump Effect: An Experimental Investigation of the Emboldening Effect of Racially Inflammatory Elite Communication’, British Journal of Political Science, 2020, 1–22. 27. H. Cheung, Z. Feng and B. Deng, ‘Coronavirus: What Attacks on Asians Reveal About American Identity’, BBC News, 27 May 2020; C. P. Hong, ‘The Slur I Never Expected to Hear in 2020’, New York Times, 16 April 2020. 28. C. Choi, ‘In Six Weeks, STOP AAPI HATE Receives over 1700 Incident Reports of Verbal Harassment, Shunning and Physical Assaults’, STOP AAPI HATE Reporting Center, 13 May 2020. 29. Home Affairs Committee, ‘Oral Evidence: Home Office Preparedness for Covid-19 (Coronavirus), Hc 232’, London: House of Commons, 2020. 30. Human Rights Watch, ‘Covid-19 Fueling Anti-Asian Racism and Xenophobia Worldwide’, 12 May 2020, www.hrw.org/news/2020/05/12/covid-19-fueling-anti-asian-racism-and-xenophobia-worldwide. 31.


pages: 533 words: 125,495

Rationality: What It Is, Why It Seems Scarce, Why It Matters by Steven Pinker

affirmative action, Albert Einstein, autonomous vehicles, availability heuristic, Ayatollah Khomeini, backpropagation, basic income, behavioural economics, belling the cat, Black Lives Matter, butterfly effect, carbon tax, Cass Sunstein, choice architecture, classic study, clean water, Comet Ping Pong, coronavirus, correlation coefficient, correlation does not imply causation, COVID-19, critical race theory, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, data science, David Attenborough, deep learning, defund the police, delayed gratification, disinformation, Donald Trump, Dr. Strangelove, Easter island, effective altruism, en.wikipedia.org, Erdős number, Estimating the Reproducibility of Psychological Science, fake news, feminist movement, framing effect, George Akerlof, George Floyd, germ theory of disease, high batting average, if you see hoof prints, think horses—not zebras, index card, Jeff Bezos, job automation, John Nash: game theory, John von Neumann, libertarian paternalism, Linda problem, longitudinal study, loss aversion, Mahatma Gandhi, meta-analysis, microaggression, Monty Hall problem, Nash equilibrium, New Journalism, Paul Erdős, Paul Samuelson, Peter Singer: altruism, Pierre-Simon Laplace, placebo effect, post-truth, power law, QAnon, QWERTY keyboard, Ralph Waldo Emerson, randomized controlled trial, replication crisis, Richard Thaler, scientific worldview, selection bias, social discount rate, social distancing, Social Justice Warrior, Stanford marshmallow experiment, Steve Bannon, Steven Pinker, sunk-cost fallacy, TED Talk, the scientific method, Thomas Bayes, Tragedy of the Commons, trolley problem, twin studies, universal basic income, Upton Sinclair, urban planning, Walter Mischel, yellow journalism, zero-sum game

Our World in Data. https://ourworldindata.org/economic-growth. Roser, M., Ortiz-Ospina, E., & Ritchie, H. 2013. Life expectancy. Our World in Data. https://ourworldindata.org/life-expectancy. Roser, M., Ritchie, H., Ortiz-Ospina, E., & Hasell, J. 2020. Coronavirus pandemic (COVID-19). Our World in Data. https://ourworldindata.org/coronavirus. Rosling, H. 2019. Factfulness: Ten reasons we’re wrong about the world—and why things are better than you think. New York: Flatiron. Roth, G. A., Abate, D., Abate, K. H., Abay, S. M., Abbafati, C., et al. 2018. Global, regional, and national age-sex-specific mortality for 282 causes of death in 195 countries and territories, 1980–2017: A systematic analysis for the Global Burden of Disease Study 2017.

Once again, the violation of the axioms of rationality spills over from private choices into public policy. In an eerie premonition, forty years before Covid-19 Tversky and Kahneman asked people to “imagine that the U.S. is preparing for the outbreak of an unusual Asian disease.”31 I will update their example. The coronavirus, if left untreated, is expected to kill 600,000 people. Four vaccines have been developed, and only one can be distributed on a large scale. If Miraculon is chosen, 200,000 people will be saved. If Wonderine is chosen, there’s a ⅓ chance that 600,000 people will be saved and a ⅔ chance that no one will be saved.

Acta Psychologica, 43, 239–51. https://doi.org/10.1016/0001-6918(79)90028-3. Walker, C., Petulla, S., Fowler, K., Mier, A., Lou, M., et al. 2019. 10 years. 180 school shootings. 356 victims. CNN, July 24. https://www.cnn.com/interactive/2019/07/us/ten-years-of-school-shootings-trnd/. Wan, W., & Shammas, B. 2020. Why Americans are numb to the staggering coronavirus death toll. Washington Post, Dec. 21. https://www.washingtonpost.com/health/2020/12/21/covid-why-we-ignore-deaths/. Warburton, N. 2007. Thinking from A to Z (3rd ed.). New York: Routledge. Wason, P. C. 1966. Reasoning. In B. M. Foss, ed., New horizons in psychology. London: Penguin. Weber, M. 1922/2019.


pages: 451 words: 125,201

What We Owe the Future: A Million-Year View by William MacAskill

Ada Lovelace, agricultural Revolution, Albert Einstein, Alignment Problem, AlphaGo, artificial general intelligence, Bartolomé de las Casas, Bletchley Park, British Empire, Brownian motion, carbon footprint, carbon tax, charter city, clean tech, coronavirus, COVID-19, cuban missile crisis, decarbonisation, deep learning, DeepMind, Deng Xiaoping, different worldview, effective altruism, endogenous growth, European colonialism, experimental subject, feminist movement, framing effect, friendly AI, global pandemic, GPT-3, hedonic treadmill, Higgs boson, income inequality, income per capita, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), Isaac Newton, Islamic Golden Age, iterative process, Jeff Bezos, job satisfaction, lab leak, Lao Tzu, Large Hadron Collider, life extension, lockdown, long peace, low skilled workers, machine translation, Mars Rover, negative emissions, Nick Bostrom, nuclear winter, OpenAI, Peter Singer: altruism, Peter Thiel, QWERTY keyboard, Robert Gordon, Rutger Bregman, Sam Altman, seminal paper, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, special economic zone, speech recognition, Stanislav Petrov, stem cell, Steven Pinker, strong AI, synthetic biology, total factor productivity, transatlantic slave trade, Tyler Cowen, William MacAskill, women in the workforce, working-age population, World Values Survey, Y Combinator

The economic cost will amount to more than $10 trillion.16 And billions of people have lived under lockdown for months on end, unable to see their family and friends in person, even when dying in hospital. But, despite the toll of COVID-19, in some respects we’ve gotten off easily. We know that viruses (like Ebola) can be deadlier than the new coronavirus, and some (like the measles) can be more transmissible. If the new coronavirus had been ten times as deadly, then the death toll could have amounted to hundreds of millions or more. Looking to the future, the threat posed by pandemics may be much greater still. This greater threat comes not from naturally arising pathogens but from diseases that we ourselves will design, using the tools of biotechnology.

For example, both the Moderna and the Pfizer-BioNTech vaccines were designed by mid-January 2020 over the course of a few days.121 Not a single country allowed human challenge trials of the many vaccines developed in 2020, where willing volunteers would be vaccinated and then deliberately infected with the coronavirus in order to very quickly test the vaccine’s efficacy. Not a single country allowed the vaccine to be bought on the free market, prior to testing, by those who understood the risks, even on the condition that they report whether they were subsequently infected.122 I’m not going to argue here that any particular policy was better than another.

She found funding for a master’s degree in epidemiology to build career capital in the area. When COVID-19 broke out, she found a neglected solution: challenge trials, which can greatly speed up the development of vaccines by deliberately infecting healthy and willing volunteers with the novel coronavirus in order to test vaccine efficacy. So she co-founded 1DaySooner, a nonprofit that signed up thousands of volunteers for human challenge trials in order to speed up vaccine approval. The world’s first challenge trial for COVID vaccines started in the UK in early 2021.30 There is sometimes a trade-off between exploring and investing.


pages: 460 words: 130,820

The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion by Eliot Brown, Maureen Farrell

"World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Adam Neumann (WeWork), Airbnb, AOL-Time Warner, asset light, Bear Stearns, Bernie Madoff, Burning Man, business logic, cloud computing, coronavirus, corporate governance, COVID-19, Didi Chuxing, do what you love, don't be evil, Donald Trump, driverless car, East Village, Elon Musk, financial engineering, Ford Model T, future of work, gender pay gap, global pandemic, global supply chain, Google Earth, Gordon Gekko, greed is good, Greensill Capital, hockey-stick growth, housing crisis, index fund, Internet Archive, Internet of things, Jeff Bezos, John Zimmer (Lyft cofounder), Larry Ellison, low interest rates, Lyft, Marc Benioff, Mark Zuckerberg, Masayoshi Son, Maui Hawaii, Network effects, new economy, PalmPilot, Peter Thiel, pets.com, plant based meat, post-oil, railway mania, ride hailing / ride sharing, Robinhood: mobile stock trading app, rolodex, Salesforce, San Francisco homelessness, Sand Hill Road, self-driving car, sharing economy, Sheryl Sandberg, side hustle, side project, Silicon Valley, Silicon Valley startup, smart cities, Snapchat, SoftBank, software as a service, sovereign wealth fund, starchitect, Steve Jobs, subprime mortgage crisis, super pumped, supply chain finance, Tim Cook: Apple, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, vertical integration, Vision Fund, WeWork, women in the workforce, work culture , Y Combinator, Zenefits, Zipcar

The onset of the pandemic sent the ride-hailing market into a tailspin, reversing an early 2020 rally in Uber’s shares. Son, again on his back foot, took to PowerPoint. In May 2020, during a call with investors, he featured a slide of horses stampeding into what he called “the valley of the coronavirus” with some unicorns flying out. Some companies would die, he said. Others would fly out stronger. Amid the storm, he had to admit the obvious: the dream was dead. SoftBank announced it was shelving its fund-raising plans for Vision Fund 2. It would use only its own money for the fund, until it could show the world some good results.

The marching orders were to keep slimming down and turn profitable. There would be no more Summer Camp, no sprawling events team, no surf pools or divisions that advised Fortune 500 companies on culture. WeWork was in the subleasing business. Claure predicted that WeWork would be generating more cash than it consumed by 2021. Then came the coronavirus. When the virus spread around the globe in March, many of WeWork’s defining features suddenly became vulnerabilities. WeWork’s offices were all about social interaction—they were about high density and about going into the office rather than staying at home. And on the business side, they were flexible, easily canceled often with just days’ or weeks’ notice.

Even though Nikola wasn’t yet manufacturing trucks, Milton inspired investors by painting a picture of how its design would remake the whole enormous trucking sector. Public market investors, including novices using the app Robinhood—some first-time stock pickers bored and looking for entertainment during the coronavirus shutdown—rushed into the frenzy. Nikola’s valuation eclipsed that of Ford, topping $30 billion. There were eerie parallels to WeWork and Neumann. Milton sold $94 million of stock as the company prepared to go public. Under his watch, Nikola bought a Jet Ski company. He purchased a private plane.


pages: 326 words: 91,532

The Pay Off: How Changing the Way We Pay Changes Everything by Gottfried Leibbrandt, Natasha de Teran

"World Economic Forum" Davos, Alan Greenspan, Ayatollah Khomeini, bank run, banking crisis, banks create money, Bear Stearns, Big Tech, bitcoin, blockchain, call centre, cashless society, Clayton Christensen, cloud computing, coronavirus, COVID-19, Credit Default Swap, cross-border payments, cryptocurrency, David Graeber, Donald Trump, Edward Snowden, Ethereum, ethereum blockchain, financial exclusion, global pandemic, global reserve currency, illegal immigration, information asymmetry, initial coin offering, interest rate swap, Internet of things, Irish bank strikes, Julian Assange, large denomination, light touch regulation, lockdown, low interest rates, M-Pesa, machine readable, Money creation, money: store of value / unit of account / medium of exchange, move fast and break things, Network effects, Northern Rock, off grid, offshore financial centre, payday loans, post-industrial society, printed gun, QR code, RAND corporation, ransomware, Real Time Gross Settlement, reserve currency, Rishi Sunak, Silicon Valley, Silicon Valley startup, Skype, smart contracts, sovereign wealth fund, special drawing rights, tech billionaire, the payments system, too big to fail, transaction costs, WikiLeaks, you are the product

Salaries in Albania, drastic gap between the minimum and maximum pay (https://balkaneu.com/salaries-albania-drastic-gap-minimum-maximum-pay/) Data on cash usage in various countries from McKinsey: ‘Attacking the cost of cash’ (2018). www.mckinsey.com/industries/financial-services/our-insights/attacking-the-cost-of-cash For more on access to cash in Bristol, see: ‘Mapping the availability of cash – a case study of Bristol’s financial infrastructure’, University of Bristol, http://www.bris.ac.uk/geography/research/pfrc/themes/finexc/availability-of-cash/ Figures on cost of cash taken from: ‘Access to Cash Review’, final report (2019). www.accesstocash.org.uk/media/1087/final-report-final-web.pdf For the quotes on printing money, see: www.nytimes.com/2020/03/23/upshot/coronavirus-fed-extraordinary-response.html; https://twitter.com/AsILayHodling/status/1241008225924845568; www.reuters.com/article/us-health-coronavirus-ecb-qe/ecb-primes-money-printing-gun-to-combat-coronavirus-idUSKBN21D0J4 For the story on Sweden’s cash decline and resistance, see www.spink.com/media/view?id=338; Kontant Upproret, ‘The cash uprising – the voice of cash in society’ (www.kontantupproret.se) Björn Eriksson was quoted in D.


pages: 388 words: 99,023

The Emperor's New Road: How China's New Silk Road Is Remaking the World by Jonathan Hillman

"World Economic Forum" Davos, British Empire, cable laying ship, capital controls, colonial rule, coronavirus, COVID-19, Deng Xiaoping, Donald Trump, drone strike, energy security, facts on the ground, high-speed rail, intermodal, joint-stock company, Just-in-time delivery, land reform, low interest rates, M-Pesa, Malacca Straits, megaproject, moral hazard, offshore financial centre, rent-seeking, Scramble for Africa, Silicon Valley, smart cities, South China Sea, special economic zone, Suez canal 1869, Suez crisis 1956, supply-chain management, trade route, transcontinental railway, undersea cable, union organizing, Washington Consensus

The question is whether the BRI will add to China’s power or detract from it. That hinges on China having the discipline to choose the right projects and walk away from the wrong ones. In the BRI’s first six years, its mission has not merely creeped but cascaded. Mistakes were surfacing even before the coronavirus pandemic paralyzed the global economy in 2020, exacerbating the BRI’s preexisting conditions and revealing how the very connections it aims to strengthen carry both promise and peril. As the following chapters show, the BRI is an imperial project in the rewards that China could reap as well as in the risks it faces.

If the BRI was magically paused and no more projects were announced, its current footprint would still take years to unfold. Ultimately, China’s economy will determine how long the BRI continues and in what form. China’s foreign reserves have dropped substantially since the BRI was launched, and it faces rising costs and shrinking revenues at home. Even before the coronavirus pandemic, there were indications of a pullback on BRI-related projects, suggesting that project announcements could be slimmed down in the coming years. That is bad news for China’s massive state-owned firms, but scarcity may also make oversight easier and encourage Beijing to increase the quality of its projects.

Early mistakes along the BRI occurred in a relatively forgiving global economy, and as Warren Buffet is fond of saying, “you only find out who is swimming naked when the tide goes out.”33 The risks are probably greater than Chinese officials appreciate. Most infrastructure booms have gone bust. The coronavirus pandemic is laying bare the BRI’s flaws, even as it creates new needs that China could exploit. Developing and emerging economies that borrowed heavily are being pushed beyond the brink. The same instinct for secrecy that hides the terms of China’s deals along the BRI concealed the outbreak. Most troubling for Xi’s vision, China shared the virus with the world through the very connections the BRI aims to strengthen.


pages: 332 words: 100,245

Mine!: How the Hidden Rules of Ownership Control Our Lives by Michael A. Heller, James Salzman

23andMe, Airbnb, behavioural economics, Berlin Wall, Big Tech, British Empire, Cass Sunstein, clean water, collaborative consumption, Cornelius Vanderbilt, coronavirus, COVID-19, CRISPR, crowdsourcing, Donald Trump, Downton Abbey, Elon Musk, endowment effect, estate planning, facts on the ground, Fall of the Berlin Wall, Firefox, Garrett Hardin, gig economy, Hernando de Soto, Internet of things, land tenure, Mason jar, Neil Armstrong, new economy, North Sea oil, offshore financial centre, oil rush, planetary scale, race to the bottom, recommendation engine, rent control, Richard Thaler, Ronald Coase, sharing economy, Shoshana Zuboff, Silicon Valley, Silicon Valley startup, social distancing, South China Sea, sovereign wealth fund, stem cell, surveillance capitalism, TaskRabbit, The future is already here, Tim Cook: Apple, Tony Fadell, Tragedy of the Commons, you are the product, Zipcar

The conflicts are growing more acute: as beach-spreaders are pushing the boundaries of possession, rising sea levels are shrinking New Jersey beaches. Local residents pay for lifeguards and beach upkeep and get mad when beach-spreaders keep them away from the water. Regional variations in beach possession symbols matter even more in the COVID-19 era. That’s why White House coronavirus adviser Deborah Birx urged beachgoers to defend circles of sand around their umbrellas: “Remember that is your space, and that is the space you need to protect.” She was arguing for uniform beach spacing nationwide. Bad ownership design can have deadly consequences in New Jersey, Florida, and elsewhere.

., The Production of Reality: Essays and Readings on Social Interaction, 6th ed. (Thousand Oaks, Calif.: Sage Publications, 2016), 451–52; and on television prank shows, see “Butterfly Crime Scene,” Impractical Jokers, TruTV, season 1, episode 2, December 15, 2011. On toilet paper filching, see Jordan Reynolds, “Coronavirus Panic-buyers ‘Stealing from Trolleys’ at Black Country Cash and Carry,” Express and Star (Wolverhampton, UK), March 11, 2020. The real rule is “Finders give it back”: There are many stories like this one: Mariel Padilla, “Teenager, an Aspiring Detective, Returns $135,000 He Found,” New York Times, May 9, 2020.

The Anticommons in Biomedical Research,” Science 280 (May 1998): 698–701. gene-editing technologies: Jorge L. Contreras, “The Anticommons at Twenty: Concerns for Research Continue,” Science 361 (July 2018): 335–37. Innovations using these tools could save your life: Giorgia Guglielmi, “First CRISPR Test for the Coronavirus Approved in the United States,” Nature, May 8, 2020. Indeed, the Supreme Court decided: eBay Inc. v. MercExchange, L.L.C., 547 U.S. 388 (2006). “I was a single mom”: Chavie Lieber, “Fashion Brands Steal Design Ideas All the Time. And It’s Completely Legal,” Vox, April 27, 2018. “Splurge vs.


pages: 535 words: 103,761

100 Years of Identity Crisis: Culture War Over Socialisation by Frank Furedi

1960s counterculture, 23andMe, Abraham Maslow, behavioural economics, Brexit referendum, Cass Sunstein, classic study, coronavirus, COVID-19, Donald Trump, epigenetics, Greta Thunberg, Gunnar Myrdal, Herbert Marcuse, Johann Wolfgang von Goethe, knowledge worker, libertarian paternalism, lockdown, New Urbanism, nocebo, nudge theory, nudge unit, scientific management, the scientific method, Thorstein Veblen, work culture

It seeks to justify itself on the basis of expertise and process rather than political vision. It self-consciously eschews politics and attempts to de-politicise controversial issues by outsourcing their management and decision making to expert institutions, courts and international bodies such as the International Monetary Fund. Except in unusual circumstances, such as during the coronavirus pandemic, when politicians explicitly gave way to scientists, technocratic governance rarely exists in a pure form. And with good reason: on its own, technocratic governance cannot motivate or inspire people. This is why a technocracy relies for its credibility on policies and ideals that are external to itself.

Their leaders advocate ‘technoscientific means to achieve happiness, a total control of emotions, and an improvement of human character’.755 Moral neuroenhancement, unlike previous forms of moral engineering, ‘operates by altering brain states or processes directly’, through the application of drugs or the use of brain modulation techniques.756 Although occasionally there are outcries against the influence and power of experts, technocratic and therapeutic governance itself is rarely a focus of political dispute. During the coronavirus pandemic the different sides of the argument over the efficacy of lockdown and quarantine measures sought to legitimate their argument by justifying it on the ground of their mental health impact. All sides of the debate appeared to have internalised the fundamentals of the therapeutic ethos but drew different political conclusions from it.

Technocrats are constantly asking the question ‘which nudging techniques can we use to further increase awareness?’764 They believe that through psychological manipulation they can create public awareness that ensures that ‘very large numbers of people form powerful groupings, like a “swarm”, to produce massive social outcomes’.765 The extensive use of nudging and behavioural economics during the coronavirus pandemic illustrates how the engineering of people’s ‘decision making’ rapidly displaced open politically informed guidance and leadership. The ethos and practice of raising awareness is based on the unstated and often unacknowledged assumption that behavioural change is important for both the individual and for society.


pages: 556 words: 95,955

Can We Talk About Israel?: A Guide for the Curious, Confused, and Conflicted by Daniel Sokatch

activist lawyer, affirmative action, Albert Einstein, Berlin Wall, Boycotts of Israel, British Empire, cognitive dissonance, coronavirus, COVID-19, Donald Trump, European colonialism, facts on the ground, indoor plumbing, Live Aid, lockdown, mass immigration, Mikhail Gorbachev, Mount Scopus, one-state solution, Salesforce, Suez crisis 1956, the map is not the territory, Thomas L Friedman, traveling salesman, urban planning, Yom Kippur War, zero-sum game

-facilitated normalization of relations with two tiny, wealthy, not particularly democratic Persian Gulf states, the United Arab Emirates and Bahrain. In March 2020, after yet another inconclusive election, Netanyahu once again managed to remain prime minister (and, he hoped, avoid criminal prosecution while in office) by forming a coalition government with his chief rival, the centrist Blue and White Party, ostensibly to combat the coronavirus pandemic. Bibi’s political wizardry is unmatched in Israeli history. But all this has come at a price—and the price has been the quality and character of Israel’s democracy. For the last decade or so, the Economist Intelligence Unit’s “Democracy Index” has consistently ranked Israel as a “flawed democracy,” not a full one.

A few months later, in January 2020, the Trump administration released its “Peace to Prosperity” plan for Israel and the Palestinians, which seemed to offer Israel a green light to annex territory on the West Bank. In March 2020, Israel held a third inconclusive election. Once again, Bibi pledged that, if elected, he would begin to annex. In April 2020, Netanyahu and opposition leader Benny Gantz announced their intention, in the face of the coronavirus pandemic sweeping the world, to form a unity government, with the two men rotating the prime ministership; they would be committed to working together on just two issues: fighting the virus and beginning to annex land in the West Bank. In August, the United Arab Emirates, a tiny, oil-rich Gulf state, and Israel announced that they would normalize relations; this announcement was followed by the news that Bahrain, another small, oil-rich Gulf state, would follow suit.

Tag Meir hosts solidarity meetings and events that bring Jews and Arabs together: marches, candle lighting during Chanukah, and joint iftars.* We operate student chapters at several universities. The students engage in Tag Meir activities, like giving out dates to break the Ramadan fast, helping out families of foreign workers, and assisting elderly people during the coronavirus pandemic. During the first COVID-19 lockdown, we handed out tens of thousands of masks in Bnei Brak.** Our representatives visit sites of hate crimes as promptly as possible to stand in solidarity with the victims and to offer emotional, financial, and moral support. For example, in Sakhnin, in northern Israel, two large Christmas trees outside one of the largest churches in the city were set on fire.


pages: 363 words: 98,496

Dead in the Water: A True Story of Hijacking, Murder, and a Global Maritime Conspiracy by Matthew Campbell, Kit Chellel

big-box store, coronavirus, COVID-19, drone strike, Edward Lloyd's coffeehouse, eurozone crisis, failed state, Filipino sailors, financial innovation, information security, lockdown, megacity, offshore financial centre, Skype, South China Sea, trade route, WikiLeaks, William Langewiesche

To some in the Lloyd’s orbit, selling insurance, even in this roundabout way, to someone who’d deliberately wrecked at least one tanker, and probably two, was hard to stomach. To others it wasn’t so surprising. The same moral flexibility had allowed the market to survive scandals and financial mishaps for more than three hundred years. The newest threat to the occupants of One Lime Street was the novel coronavirus, which was expected to cost Lloyd’s members at least 6 billion pounds as companies claimed on policies covering unexpected business interruption. Globally, the insurance industry responded with increasingly creative ways to avoid having to compensate clients. Early in the pandemic, an American law firm asserted that since the virus was microscopic and could only survive temporarily outside the human body, the damage it caused wasn’t physically quantifiable.

GO TO NOTE REFERENCE IN TEXT Early in the pandemic: David Yaffe-Bellany, “U.S. Businesses Are Fighting Insurers in the Biggest Legal Battle of the Pandemic,” Bloomberg Businessweek, Nov. 2, 2020, https://www.bloomberg.com/news/features/2020-11-02/should-insurers-have-to-compensate-businesses-for-coronavirus-lockdowns. GO TO NOTE REFERENCE IN TEXT In the UK, Lloyd’s members: Lucca de Paoli and Jonathan Browning, “Insurers Face More Covid Payouts as U.K. Court Appeal Fails,” Bloomberg News, Jan. 15, 2021, https://www.bloomberg.com/news/articles/2021-01-15/insurers-face-covid-payouts-as-appeal-of-u-k-court-ruling-fails.

Talbot Underwriting Ltd & Others Brillante Virtuoso investigations breach of contract legal strategy to fight Suez Fortune, 118–19 cargo insurers settle salvor claims, 128–29 Christos and informant Theodorou, meetings with and information received from, 163–74 conflict between Veale/Conner and lawyers, 186–88 Conner hired by Veale, 120 fire and explosives experts’ findings, 87–88 Iliopoulos arrested on suspicion of fraud, 160–61 Iliopoulos stonewalling in lawsuit, 145–46 inquest into Mockett’s death, 91–97 insurance syndicates refusal to work with one another and, 118 insurer reluctance to accuse Iliopoulos of wrongdoing, 131–32 insurer syndicate market meeting and, 127–29 law enforcement investigations, lack of progress in, 233, 240–41 Marquez account of Brillante attack, 179–82 Mockett hired to provide damage survey, 44–45 Mockett murdered by car bomb, 60–63 Mockett’s diary and Brillante dossier stolen, 78–79 Mockett’s examination of Brillante, 52–55 Norton Rose security breach and threats against Lallis, 142–45 piracy expert’s report concluding attack by Somali pirates unlikely, 79 Piraeus Bank as co-assured on Brillante’s hull insurance, 162–63 Plakakis’ account of Brillante plot, 198–204 Plakakis and family rescue arranged by Conner, 208–13 Plakakis statement to police, 188–90 separate investigations by hull and cargo insurers, 79–80, 117–18 Sloane oversees ship-to-ship transfer of oil from, 84, 86–88, 89 Stokes, suspicious death of, 125–26, 238 summons to testify in Brillante case, 147, 155 Theodorou account and negotiations with insurers, 166–74 Theodorou evidence and expert analysis, differences between, 186 USS Philippine Sea, statements of Brillante crew given to, 131–32 Veale and Conner advocate for aggressive approach, 136 Veale and Conner rebuffed in request for British law enforcement evidence, 130–31 Veale’s 2013 meeting with insurers, 133 Veale’s Project Tundra investigation, 113–19 Zavos’ and insurer’s strategy for trial, 132–33 Zavos given investigative oversight, 138–39 Britannia, 4 Browder, Bill, 217 bunkering, 193 Bureau Veritas, 152 C Captain Phillips (film), 15, 29–30 cargo insurance, 35, 42, 117–18, 127–29 Carter-Ruck, 243 Castro, Fidel, 5 catastrophic hogging, 115 Central Mare, 32, 33–34, 114 Chevriot, Nigel, 49 Christos (pseudonym), 163–64, 166, 167, 169–74 City of London police, 128, 137, 142, 160–61, 178, 188, 189, 190, 209–13, 233, 239–40 coffin ships, 102 Columbus, 230 Conner, Michael background and law enforcement career of, 120–23 belief British law enforcement could do more against Brillante fraudsters, 233–34 contacts Cynthia Mockett with verdict, 226–27 coordinates rescue of Plakakis in Greece, 208–13 Greek complaint against, 232 hired by Veale to investigate Brillante attack, 120 investigation by, 123–26 at judgment in trial, 216–17 Marquez gives official statement on Brillante attack, 179–82 meetings with Christos and informant Theodorou, 163–74 mixed feelings about verdict of, 226 Plakakis statement to police and, 188–90 provides protection for Lallis, 145 visits Mockett’s grave, 231–32, 233, 234–35 visits with and keeps Cynthia Mockett informed of investigation, 124–26, 141–42 Zavos and, 136–37, 178–79 container ships, 11–12 coronavirus. See COVID-19 pandemic coroners, 92 Costoulas, George, 192 COVID-19 pandemic Iliopoulos’s purchase of passenger vessels during, 230 Lloyd’s members, liabilities of, 231 Cunningham, Paul, 38, 39–40, 114, 115, 116, 138–39 breach of contract legal strategy to fight Suez Fortune, 118–19 Christos and informant’s offer to help insurers and, 163–64 Christos and informant Theodorou, meetings with, 170–72 discussions about Plakakis testimony in court, 205–6 hires Veale to investigate Brillante attack, 75–76 Plakakis, meetings with, 213 verdict in Suez Fortune case and, 226 D Dawson, Charles, 81 Death Ship, The (Traven), 103 Deepwater Horizon, 87 Demosthenes, 100 Despina Andrianna, 229–30 disclosure, 146 Drake, Francis, 38 E East India Company, 4 Economist, The, 9 Eggers, Peter MacDonald, 216, 217, 221–24 Egypt, 4 Elli, 114, 115, 117, 118, 129, 154, 195 European Business Information Services (EBIS), 73–74, 113, 187 F Facey, Roy, 49, 61, 64–67, 205–6 identified as potential target by British embassy and evacuated, 66–67, 238 Mockett discusses Brillante case with, 57–58 prepares report on Mockett’s background for Yemeni police, 66 Fagan, Michael, 71 Far Eastern Regional Investigation Team (FERIT), 106 Financial Conduct Authority, 137 Five Oceans Salvage, 115, 118, 202 flagging of vessel, 31–32, 150 Flaux, Julian, 135, 157, 159, 160, 161–62 foenus nauticum (maritime interest), 100 Foreign & Commonwealth Office (FCO), 62–63, 94 G Gadani breaking yards, 89–90 Gaisman, Jonathan clients of, 217 examination of Iliopoulos at pretrial by, 158, 159–60 as insurers’ advocate at trial, 217–21, 224–25 Gate of Tears (Bab el-Mandeb), 15 Gen.


pages: 226 words: 58,341

The New Snobbery by David Skelton

assortative mating, banking crisis, Black Lives Matter, Boris Johnson, Brexit referendum, British Empire, call centre, centre right, collective bargaining, coronavirus, corporate governance, corporate social responsibility, COVID-19, critical race theory, David Brooks, defund the police, deindustrialization, Etonian, Extinction Rebellion, financial deregulation, gender pay gap, glass ceiling, housing crisis, income inequality, Jeremy Corbyn, job automation, knowledge economy, lockdown, low skilled workers, market fundamentalism, meritocracy, microaggression, new economy, Northern Rock, open borders, postindustrial economy, race to the bottom, rent-seeking, Richard Florida, Right to Buy, rising living standards, shareholder value, social distancing, Social Justice Warrior, TED Talk, TikTok, wealth creators, women in the workforce

Notes 1 Jeremy Bohonos, ‘Critical race theory and working-class white men’, Gender, Work and Organization (2020), vol. 28, no. 1. 2 Mason, ‘Corbynism is over’. 3 David Brooks, ‘The problem with wokeness’, Seattle Times, 8 June 2018. 4 Helen Pluckrose and James Lindsay, Cynical Theories: How Activist Scholarship Made Everything About Race, Gender and Identity – And Why This Harms Everybody (North Carolina: Pitchstone Publishing, 2020), p. 12. 5 Rory Tingle, ‘Outrage as controversial taxpayer-funded black studies professor who says Britain is “built on racism” claims Churchill was “a white supremacist” in debate’, Daily Mail, 12 February 2020. 6 Dan Falvey, ‘Oxford lecturer doesn’t want UK to find coronavirus vaccine due to political correctness’, Daily Express, 24 April 2021. 7 Edward Said, ‘A window on the world’, The Guardian, 2 August 2003. 8 Trevor Phillips, ‘When you erase a nation’s past, you threaten its future’, The Times, 18 September 2020. 9 Craig Simpson, ‘Churchill college panel claims wartime PM was a white supremacist leading an empire “worse than the Nazis”’, Daily Telegraph, 11 February 2021. 10 ‘Keele manifesto for decolonizing the curriculum’, Pluto Journals (2018), vol. 5, nos 1–2, pp. 97–9. 11 See the ‘Decolonise Education’ section of the NUS website. 12 Gurminder K.

Hayek, The Constitution of Liberty (Oxford: Routledge, 2006). 12 Michael Young, ‘Down with meritocracy’, The Guardian, 29 June 2001. 13 Quoted in Wheen, ‘Satirical fiction is becoming Blair’s reality’. 14 Patrick Deneen, ‘A Tyranny Without Tyrants’, American Affairs, 20 February 2021. 15 Sandel, The Tyranny of Merit. 16 David Goodhart, ‘Middle May: the premier is one of the first to recognise Britain’s emerging political fault line’, The Spectator, 20 May 2017. 17 Quoted in ‘Classic podium: the Tories’ historic mission’, The Independent, 2 October 1998. 18 Quoted in Jonty Bloom, ‘The European Coal and Steel Community turns sixty’, BBC News, 10 August 2012. 19 Aditya Chakrabortty, ‘Why doesn’t Britain make things any more?’, The Guardian, 16 November 2011. 20 JJ Charlesworth, tweet, 5.40 p.m., 14 October 2020, https://twitter.com/jjcharlesworth_/status/1316418588207648774 21 ‘Covid-19: low-skilled men have highest death rate of working age adults’, BMJ (2020), no. 369; ‘Coronavirus related deaths by occupation, England and Wales: deaths registered between 9 March and 28 December 2020’, ONS, 25 January 2021. 22 ‘You can’t buck the market’, The Independent, 5 April 1998. 23 ‘Tony Blair’s conference speech 2005’, The Guardian, 27 September 2005. 24 ‘Gordon Brown’s Mansion House speech’, The Guardian, 22 June 2006; ‘Gordon Brown – 2007 Mansion House speech’, Political Speech Archive. 25 The Observer, 18 October 2008. 26 ‘Pope Francis: Politics cannot be “slave” to economy, finance’, The Hill, 24 September 2015. 27 Quoted in David Goodhart, ‘How to make low-skilled jobs seem more attractive’, BBC News, 17 February 2013. 28 Jonathan Cribb, ‘How are younger generations faring compared to their parents and grandparents’, Institute for Fiscal Studies, 17 October 2019


pages: 208 words: 57,602

Futureproof: 9 Rules for Humans in the Age of Automation by Kevin Roose

"World Economic Forum" Davos, adjacent possible, Airbnb, Albert Einstein, algorithmic bias, algorithmic management, Alvin Toffler, Amazon Web Services, Atul Gawande, augmented reality, automated trading system, basic income, Bayesian statistics, Big Tech, big-box store, Black Lives Matter, business process, call centre, choice architecture, coronavirus, COVID-19, data science, deep learning, deepfake, DeepMind, disinformation, Elon Musk, Erik Brynjolfsson, factory automation, fake news, fault tolerance, Frederick Winslow Taylor, Freestyle chess, future of work, Future Shock, Geoffrey Hinton, George Floyd, gig economy, Google Hangouts, GPT-3, hiring and firing, hustle culture, hype cycle, income inequality, industrial robot, Jeff Bezos, job automation, John Markoff, Kevin Roose, knowledge worker, Kodak vs Instagram, labor-force participation, lockdown, Lyft, mandatory minimum, Marc Andreessen, Mark Zuckerberg, meta-analysis, Narrative Science, new economy, Norbert Wiener, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, off-the-grid, OpenAI, pattern recognition, planetary scale, plutocrats, Productivity paradox, QAnon, recommendation engine, remote working, risk tolerance, robotic process automation, scientific management, Second Machine Age, self-driving car, Shoshana Zuboff, Silicon Valley, Silicon Valley startup, social distancing, Steve Jobs, Stuart Kauffman, surveillance capitalism, tech worker, The Future of Employment, The Wealth of Nations by Adam Smith, TikTok, Travis Kalanick, Uber and Lyft, uber lyft, universal basic income, warehouse robotics, Watson beat the top human players on Jeopardy!, work culture

McKinsey, the giant consulting firm, dubbed it “the great acceleration.” Microsoft CEO Satya Nadella claimed that the company had experienced “two years’ worth of digital transformation in two months.” In March 2020, a survey by the accounting firm EY found that 41 percent of corporate executives were investing more in automation to prepare for a post-coronavirus world. David Autor, an MIT economist and leading automation expert, called the pandemic an “automation-forcing event,” and predicted that it would usher in technological trends that would persist long after the virus was gone. The pandemic has shown us some of the benefits of automation more clearly than any Davos panel could have.

By 2017, three in four American adults believed Gallup and Northeastern University, “Optimism and Anxiety: Views on the Impact of Artificial Intelligence and Higher Education’s Response,” 2017. Tyson Foods, the meat producer Jacob Bunge and Jesse Newman, “Tyson Turns to Robot Butchers, Spurred by Coronavirus Outbreaks,” Wall Street Journal, July 10, 2020. FedEx started using package-sorting robots Christopher Mims, “As E-Commerce Booms, Robots Pick Up Human Slack,” Wall Street Journal, August 8, 2020. Shopping centers, apartment complexes, and grocery stores Michael Corkery and David Gelles, “Robots Welcome to Take Over, as Pandemic Accelerates Automation,” New York Times, April 10, 2020.


pages: 392 words: 109,945

Life's Edge: The Search for What It Means to Be Alive by Carl Zimmer

3D printing, Albert Einstein, biofilm, call centre, coronavirus, COVID-19, discovery of DNA, double helix, Fellow of the Royal Society, gravity well, knapsack problem, lockdown, Loma Prieta earthquake, Louis Pasteur, low earth orbit, Lyft, microbiome, Richard Feynman, Schrödinger's Cat, Search for Extraterrestrial Intelligence, Silicon Valley, stem cell, Stuart Kauffman, tech worker, uber lyft

., Shirin Ghods, and Bernd H. A. Rehm. 2017. “Pseudomonas aeruginosa Lifestyle: A Paradigm for Adaptation, Survival, and Persistence.” Frontiers in Cellular and Infection Microbiology 7. doi:10.3389/fcimb.2017.00039. Mortensen, Jens. 2020. “Six Months of Coronavirus: Here’s Some of What We’ve Learned.” New York Times, June 18. https://www.nytimes.com/article/coronavirus-facts-history.html (accessed July 25, 2020). Moseley, Henry N. 1892. Notes by a Naturalist: An Account of Observations Made During the Voyage of H.M.S., “Challenger” Round the World in the Years 1872–1876. New York: Putnam. Moss, Helen E., Lorraine K.

., 93 Cape Verde Islands, 152–53 Caplan, Arthur, 56 Carpenter, William, 159 Cartesian worldview, 129–30 Cassini probe, 260–61 Castoe, Todd, 75 catalysts, 284–86 Cavendish Laboratory, ix–x, xiii, xv–xviii, 192–93, 195 Cech, Thomas, 232 Chakrabarti, Ajoy, 233–34 Challenger Deep, 261 Chambliss, Clyde, 31–32 Chan, Benjamin, 122 Chang, Sherwood, 227 Children’s Hospital Oakland, 57 chimeras, 29 chimpanzees, 20, 37, 40 chlorophyll, 103–4 Choi, Charles, 258 chromosomes, 23, 27–30, 105–6, 113, 184–85, 187, 190, 193 Cleland, Carol, 275–81 Clinton, Bill, 257 cluster analysis, 275 coccoliths, 156, 160 Cold War, 178 Coleridge, Samuel Taylor, 146–47 coma dépassé, 51–52 computer modeling, 283–84 conjoined twins, 137 Connecticut College Arboretum, 102–4, 106 consciousness, 14–15, 54 Conte, Silvio, 255 Cooper, Leon N., 287 Cooper, Vaughn, 116 coronavirus, 203–9, 226 Cotard’s syndrome, 16–17 Creative Evolution (Bergson), 172 Crick, Francis, 191–95, 195–99, 224 Cronin, Lee, 267, 268–69, 287–92 cryptobiosis, 47–48 crystal structures, 190–91, 193, 195, 262, 263 Curie, Marie, x–xi, xii Curie, Pierre, x–xi cystic fibrosis, 112, 123 cytosine, 71 Czapek, Friedrich, 179 Damer, Bruce, 238 Dartmouth Medical School, 61 Darwin, Charles, xv, xviii, 37, 114, 156–57, 159, 217–18, 245 Darwin, Erasmus, 146–47, 148, 157, 218 Dayman, Joseph, 156 Deamer, David on alkaline vent theory, 247–48 astrobiology/exobiology research, 258 autocatalytic set research, 286 DNA-reading technology, 229–31, 240–42 lipid and liposome research, 226, 227–29, 231–36, 242–45 research background, 225–26 RNA-based drugs, 248–49 volcanic hot springs research, 216–17, 236–39, 243–44, 247 death cell death, 26 and coma dépassé, 51–52 cultural approaches to, 36–37 early scientific study of, 42–48, 49–55 fear of premature burial, 48–49 and human evolution, 40–41 and lost pregnancies, 30–31 medical definitions of, 51–55, 55–62 and organ transplants, 51–54 and primate thanatology, 36–40 decision-making, 81–82, 88–89 definitions of life and the abortion debate, 21–27 and astrobiology/exobiology, 265 Bohr on, 182–83 and brain death, 42, 53–55 and Burke, ix and complex chemistry, 219–20 complexity of, 282–83 current challenges, 269–72 NASA definition, 199–200, 209–10, 256–57, 270, 273, 278 philosophical approaches to, 272–75, 275–82 and Schrödinger’s Trinity College lectures, 189, 191 and Szent-Györgyi, 179–80 and viruses, 207–10 Delbrück, Max, 182, 184, 186–90, 199 Descartes, René, 129, 145 Descent of Man, The (Darwin), 37 diabetes insipidus, 59 dietary balance, 86 digestion, 72–77, 87–88 DNA and assembly theory, 292 and astrobiology/exobiology research, 262, 278 and bacteriophages, 123 and cell function, 26–28 and cryptobiosis, 47–48 and definitions of life, 27, 272, 274–75 discovery of, 191–95, 195–96 and disease resistance, 101 DNA-reading technology, 229–31, 240–42, 269 and electric charge within cells, 181 and embryonic development, 31–32 and eukaryotes, 113 and hibernation, 94, 101 and metabolic function, 71–72, 75–76 and molecular vitalism, 198 and origins of life theories, 227–34, 239–44, 249, 282–83 and prebiotic chemistry, 224 and Pseudomonas research, 120 and red blood cells, 211–12 and reproduction, 105 and Schrödinger’s aperiodic crystals, 191 and slime molds, 88 and viruses, 208–9, 215 Double Helix, The (Watson), 195 Down syndrome, 30 DropFactory, 290–92 drug resistance, 208, 211 Duclaux, Émile, 170 Dujardin, Félix, 158 Dussutour, Audrey, 86 earcockle disease, 44–45 East India Company, 35 Ebola, 242 Eccles, John, 198 echolocation, 94–95 Edsall, John, 181 EEGs, 13, 54 eggs, 45–46 Einarsdóttir, Ólöf, 231 Einstein, Albert, 287 élan vital, 172.


pages: 432 words: 106,612

Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever by Robin Wigglesworth

Albert Einstein, algorithmic trading, asset allocation, Bear Stearns, behavioural economics, Benoit Mandelbrot, Big Tech, Black Monday: stock market crash in 1987, Blitzscaling, Brownian motion, buy and hold, California gold rush, capital asset pricing model, Carl Icahn, cloud computing, commoditize, coronavirus, corporate governance, corporate raider, COVID-19, data science, diversification, diversified portfolio, Donald Trump, Elon Musk, Eugene Fama: efficient market hypothesis, fear index, financial engineering, fixed income, Glass-Steagall Act, Henri Poincaré, index fund, industrial robot, invention of the wheel, Japanese asset price bubble, Jeff Bezos, Johannes Kepler, John Bogle, John von Neumann, Kenneth Arrow, lockdown, Louis Bachelier, machine readable, money market fund, Myron Scholes, New Journalism, passive investing, Paul Samuelson, Paul Volcker talking about ATMs, Performance of Mutual Funds in the Period, Peter Thiel, pre–internet, RAND corporation, random walk, risk-adjusted returns, road to serfdom, Robert Shiller, rolodex, seminal paper, Sharpe ratio, short selling, Silicon Valley, sovereign wealth fund, subprime mortgage crisis, the scientific method, transaction costs, uptick rule, Upton Sinclair, Vanguard fund

The financial crisis of 2008 was a particularly hard blow to efficient-markets proponents, even though Fama himself had shown that markets are prone to improbable “fat tail” meltdowns, and later did seminal work on factors that have in the long run made investors above-market returns (research we will return to later). Fama notes that markets are rarely perfectly efficient, and acerbically argues that the theory “is only controversial among people that don’t want to believe in it.” His view is that events like the dotcom bubble, the financial crisis of 2008, or the wild post-coronavirus market rally of 2020–21 might show that prices may not always be “right,” but it is in practice impossible to know when they aren’t before the fact. Yet the best argument for the enduring value of the efficient-markets hypothesis comes from the eminent twentieth-century British statistician George Box, who is said to have quipped that “all models are wrong, but some are useful.”

Regardless, it is abundantly clear that for the foreseeable future, the gushing inflows into traditional index funds and ETFs are going to continue—even though the impact on markets, the investment management business, and the finance industry as a whole is also becoming more apparent. Chapter 16 THE NEW CAPTAINS OF CAPITAL TESLA’S STOCK WENT ON A wild ride in 2020, powered by the devotion of the electric car company’s army of ordinary investors, who were suddenly stuck at home and day-trading their stimulus checks to pass time while the coronavirus pandemic raged. But in November, the rally received another huge jolt that would help make Elon Musk’s company one of the most valuable in the world. Despite its dramatic stock market gains over the past decade, S&P Dow Jones Indices—one of the biggest providers of financial benchmarks—had long refrained from adding Tesla to its flagship index, the S&P 500, for one simple reason: To be included, a company has to be consistently profitable, a requirement that Tesla had struggled to meet.

I have also learned an enormous amount from working with or admiring from afar financial journalists like John Authers, Gillian Tett, James Mackintosh, Philip Coggan, and Jason Zweig, as well as industry experts such as Deborah Fuhr, Ben Johnson, Eric Balchunas, and David Nadig. They are all titans upon whose shoulders I nervously perch. But someone closer to home deserves the biggest acknowledgment. In the middle of the coronavirus-induced lockdown, my daughter wrote a riddle and proudly presented it to me. Scrawled on the page, it said, “What works and works and is never finished?” To my horror I realized that the answer was me. I’m one of the lucky people who truly loves their job. Unfortunately, that can come at a cost to those around me.


pages: 382 words: 105,657

Flying Blind: The 737 MAX Tragedy and the Fall of Boeing by Peter Robison

"Friedman doctrine" OR "shareholder theory", air traffic controllers' union, Airbnb, Airbus A320, airline deregulation, airport security, Alvin Toffler, Boeing 737 MAX, Boeing 747, call centre, chief data officer, contact tracing, coronavirus, corporate governance, COVID-19, Donald Trump, flag carrier, Future Shock, interest rate swap, Internet Archive, knowledge worker, lockdown, low cost airline, low interest rates, medical residency, Neil Armstrong, performance metric, Ralph Nader, RAND corporation, Robert Mercer, Ronald Reagan, shareholder value, Silicon Valley, Silicon Valley startup, single-payer health, Social Responsibility of Business Is to Increase Its Profits, stock buybacks, too big to fail, Unsafe at Any Speed, vertical integration, éminence grise

One alternative on the table was shutting down one of the last well-functioning parts of Boeing’s battered commercial aircraft operation—the giant plant in Everett, Washington, that had helped produce a record number of Dreamliners the previous year. Weeks earlier, Boeing’s top market forecaster had told people at a Singapore conference that the novel coronavirus might have a temporary, manageable impact on travel, akin to the SARS epidemic of 2002. But after overwhelming hospitals in China, then Iran, and then Italy, the virus found its first U.S. epicenter in late February at a nursing home in a Seattle suburb (not unlike the place where Morton had only just made his presentation).

At least twice, ambulances appeared in the huge open bays of the Everett factory taking away workers who’d fallen sick; their sections were cleaned and work continued. Auto plants in Detroit closed on March 18. Everett remained open. Boeing finally said it would shut the plant five days later, a day after a fifty-seven-year-old worker there died from the coronavirus and his family sent out a plea for its closure over Facebook. In April, at the height of lockdowns around the world, passenger traffic fell a stunning 95 percent from the same month a year earlier. Airlines parked two-thirds of their global fleet, the brightly painted planes stretching for miles in neat formation in one desert storage yard in California.

On March 10: David Gelles, “The Emotional Wreckage,” New York Times, March 9, 2020. “They’re terrified”: Author interview with Nadia Milleron, March 2021. Early that month: Author interviews with anonymous sources, March 2020. Boeing finally said: Dominic Gates, “Boeing Worker at Everett Plant Dies from Coronavirus Infection,” Seattle Times, March 22, 2020. Boeing had to: Paula Seligson, “Boeing Plans Full Drawdown of $13.825 Billion Loan,” Bloomberg, March 11, 2020. Calhoun even considered: Douglas MacMillan, “Nikki Haley Quits Boeing Board, Citing Disagreement with Company’s Bailout Request,” Washington Post, March 19, 2020.


pages: 384 words: 105,110

A Hunter-Gatherer's Guide to the 21st Century: Evolution and the Challenges of Modern Life by Heather Heying, Bret Weinstein

autism spectrum disorder, biofilm, Carrington event, cognitive dissonance, coherent worldview, conceptual framework, coronavirus, COVID-19, critical race theory, dark matter, delayed gratification, discovery of DNA, double helix, epigenetics, Francisco Pizarro, germ theory of disease, Gregor Mendel, helicopter parent, hygiene hypothesis, lockdown, meta-analysis, microbiome, Monkeys Reject Unequal Pay, phenotype, planned obsolescence, precautionary principle, profit motive, Silicon Valley, Steven Pinker, the scientific method, theory of mind

Why, for instance, if masks are pointless, are they exactly the equipment used by health professionals when trying to avoid infection from respiratory ailments? When the directives were later reversed, people who had followed them based on authority alone lost faith in those same authorities. It was then difficult to regain the public’s trust sufficiently to encourage a careful, nuanced approach to reducing the spread and impact of this novel coronavirus. Simple prescriptions make snappier sound bites, and they are easier to remember for those looking for set-and-forget solutions, but when they fail you, you are left with nowhere to stand, no ability to problem solve for yourself. Rather than blindly “trusting the science” or following the lead of authorities, learn to do at least some of the logic for yourself, and seek authorities who are willing to both show you how they arrived at their conclusions and admit when they have made mistakes.

Afterword In January of 2020 we went to the Tiputini Biodiversity Station in the Ecuadoran Amazon to finish our first draft of this book. When we emerged from our isolation—as our phones came alive for the first time in two weeks—we were confronted with a barrage of news, mostly trivial, of which we had been blissfully unaware. But in that onslaught there was one ominous report—a case of a “novel coronavirus” in Ecuador. The pathogen came from horseshoe bats, had jumped to people and then spread rapidly, first in Wuhan, China, and then beyond. As the two of us tried to make sense of these first hints of pandemic, it quickly became clear that there might be more to the story. Wuhan, we soon learned, housed a BSL-4 laboratory—it was, in fact, one of our planet’s two main centers of research on bat-borne coronaviruses.

Where once an epidemic might have been held back by barriers that limit human travel, humans now regularly transmit communicable diseases from their continents of origin to every corner of the globe. Much as people thought little about washing their hands prior to the germ theory of disease, we give no thought to the scale of misery caused by a given person transporting a new and nameless cold virus to some continent that was free of it the day before. “Novel Coronavirus” took advantage of that nonchalance before the pathogen even had a proper name. The COVID-19 pandemic is itself a symptom of another disease entirely. In the pages of this book, we call that disease “hyper-novelty.” It is caused by a rate of technological change so rapid that transitions in our environment outstrip our capacity to adapt.


pages: 391 words: 106,255

Cheap Land Colorado: Off-Gridders at America's Edge by Ted Conover

autism spectrum disorder, banking crisis, big-box store, bitcoin, Black Lives Matter, carbon footprint, coronavirus, COVID-19, Donald Trump, fixed income, gentrification, George Floyd, McMansion, off grid, off-the-grid, opioid epidemic / opioid crisis, place-making, social distancing, supervolcano

After a while I took it off so as not to stand out as the weirdo city person (and also, perhaps, to stop thinking about the widening gulf in the United States concerning everything from vaccines to racism). A lot of what my neighbors had to say about the pandemic echoed what was being said on Fox News at the time (e.g., “not much different from the common flu, which is also a coronavirus”). As one had written on Facebook, “I am NOT afraid of this stupid virus. I have NOT missed the fact that more people died in america in 2009 from swine flu than have died worldwide from coronavirus—so we can quit with the whole ‘deadly’ nonsense. I DO roll my eyes every time another anything in any state is shut down for this—nothing shut down in 2009 and they still managed to get it under control.”

As Bo presses on, ignoring rules and coming into contact with people who are clearly sick, I simultaneously wondered whether he would make it home with the goods and dreaded finding out what would happen if he did. As one critic wrote in 2020, “Bo, a rambunctious avatar of the unconfined, can-do spirit of the West, is a mortal danger to everyone around him.” Eventually the coronavirus made its way around the San Luis Valley. It started in towns, especially Alamosa, and enclosed agricultural facilities such as potato warehouses. La Puente implemented the measures Judy had shared with me over breakfast. But the group’s managers hadn’t anticipated that the run on canned goods and other groceries that accompanied the start of the pandemic nationwide would affect its network of food banks.


pages: 864 words: 222,565

Inventor of the Future: The Visionary Life of Buckminster Fuller by Alec Nevala-Lee

Adam Neumann (WeWork), Airbnb, Albert Einstein, Alvin Toffler, American energy revolution, Apple II, basic income, Biosphere 2, blockchain, British Empire, Buckminster Fuller, Burning Man, Charles Lindbergh, cloud computing, Columbine, complexity theory, Computer Lib, coronavirus, cotton gin, COVID-19, cryptocurrency, declining real wages, digital nomad, double helix, Douglas Engelbart, Douglas Engelbart, East Village, Electric Kool-Aid Acid Test, Elon Musk, Evgeny Morozov, Frank Gehry, gentrification, gig economy, global village, Golden Gate Park, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, hydraulic fracturing, index card, information retrieval, James Dyson, Jane Jacobs, Jaron Lanier, Jeff Bezos, John Markoff, Kitchen Debate, Lao Tzu, lateral thinking, Lean Startup, Lewis Mumford, Mark Zuckerberg, Marshall McLuhan, megastructure, Menlo Park, minimum viable product, Mother of all demos, Neil Armstrong, New Journalism, Norbert Wiener, Norman Mailer, Own Your Own Home, Paul Graham, public intellectual, Ralph Waldo Emerson, reality distortion field, remote working, Ronald Reagan, side project, Silicon Valley, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, Ted Nelson, the built environment, The Death and Life of Great American Cities, the medium is the message, Thomas Malthus, universal basic income, urban planning, urban renewal, We are as Gods, WeWork, Whole Earth Catalog, WikiLeaks

Hurricane Katrina: Alice Rawsthorn, “Can Fuller Be Rehabilitated as a 21st Century Design Hero?,” New York Times, June 20, 2008. overflow morgues: Photo in Khaleda Rahman, “New York City Builds Makeshift Morgue to Handle Expected Rise in Coronavirus Deaths,” Newsweek, March 26, 2020, https://www.newsweek.com/nyc-erects-temporary-morgue-handle-rise-coronavirus-deaths-1494423 (accessed May 2021). “We’re talking about domes”: Soleil Ho, “SF Restaurant’s $200-Per-Person Dome is America’s Problems in a Plastic Nutshell,” San Francisco Chronicle, August 12, 2020, https://www.sfchronicle.com/restaurants/article/The-200-per-person-fine-dining-dome-is-15475555.php (accessed January 2021).

A glass sphere loomed over a factory that the Taiwanese technology company Foxconn promised but failed to establish in Wisconsin, while the notorious Fyre Festival offered lodging in “geodesic domes”—although they were actually repurposed tents from the Federal Emergency Management Agency. Because of their usefulness as temporary housing, domes had an uncanny way of appearing in news coverage during events that Fuller would have seen as opportunities for emergence through emergency. They served as shelters after Hurricane Katrina and overflow morgues for victims of the coronavirus, which exposed social disparities that design alone was unable to address. When a restaurant in San Francisco installed domes to allow patrons to dine outdoors during the pandemic without being troubled by the homeless, the food critic Soleil Ho observed, “We’re talking about domes because this country doesn’t take care of us.”

Millennials ephemeralized against their will, with rent replacing ownership and housing costs contributing to a fall in mobility. As Airbnb caused prices in its neighborhoods to rise, its single most popular property was a geodesic cabin in California. The greatest test of Fuller’s philosophy was the coronavirus pandemic, which initially seemed like a definitive moment of emergence through emergency. Fuller blamed his daughter’s death, which changed his life, on the conditions that contributed to the Spanish flu, and his views on decentralization, efficient manufacturing, online education, and remote working are more relevant now than ever.


pages: 195 words: 63,455

Damsel in Distressed: My Life in the Golden Age of Hedge Funds by Dominique Mielle

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", activist fund / activist shareholder / activist investor, airline deregulation, Alan Greenspan, banking crisis, Bear Stearns, Black Monday: stock market crash in 1987, blood diamond, Boris Johnson, British Empire, call centre, capital asset pricing model, Carl Icahn, centre right, collateralized debt obligation, Cornelius Vanderbilt, coronavirus, COVID-19, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, diversification, Donald Trump, Elon Musk, Eugene Fama: efficient market hypothesis, family office, fear of failure, financial innovation, fixed income, full employment, glass ceiling, high net worth, hockey-stick growth, index fund, intangible asset, interest rate swap, John Meriwether, junk bonds, Larry Ellison, lateral thinking, Long Term Capital Management, low interest rates, managed futures, mega-rich, merger arbitrage, Michael Milken, Myron Scholes, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, offshore financial centre, Paul Samuelson, profit maximization, Reminiscences of a Stock Operator, risk free rate, risk tolerance, risk-adjusted returns, satellite internet, Savings and loan crisis, Sharpe ratio, Sheryl Sandberg, SoftBank, survivorship bias, Tesla Model S, too big to fail, tulip mania, union organizing

If the sum of the parts, in their estimation, is greater than the whole, activists will force management to split the company. In ACE’s case, management was proactively seeking to disassemble the pieces, starting by spinning off Aeroplan in 2005, then moving on to Jazz airlines. Have I mentioned that nothing is ever new on Wall Street? In 2020, gravely hit by the coronavirus pandemic, cash flow-bleeding airlines around the world raced to raise money in the capital markets and borrowed from the government. Mileage programs became, once again, a source of value once forgotten and unneeded as a distinct asset from the business of flying. Not anymore. In June 2020, United, American, and Spirit Airlines mortgaged their loyalty schemes as collateral for new debt.

By 2017, the company entered its distressed phase, crumbling over $2 billion of debt hardly supported by deteriorating earnings and a declining brand name. I got involved again, shortly but unprofitably this time. The most valuable brand had become Madewell rather than J.Crew, and equity holders were fighting to steal that value away from creditors. The story was heading toward an ugly end. It seemed wise to cut my losses. In 2020, the coronavirus spread to the U.S. and handed J.Crew its final blow; it filed for bankruptcy in May. I have no doubt that it will emerge, debt-free, and commence a third life under a “fresh-start accounting,” the nomenclature to account for a reorganization. It will likely spin off Madewell and return to square one, a smaller corporation with a single brand and considerably fewer stores.


Visual Thinking: The Hidden Gifts of People Who Think in Pictures, Patterns, and Abstractions by Temple Grandin, Ph.D.

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, a long time ago in a galaxy far, far away, air gap, Albert Einstein, American Society of Civil Engineers: Report Card, Apollo 11, Apple II, ASML, Asperger Syndrome, autism spectrum disorder, autonomous vehicles, Black Lives Matter, Boeing 737 MAX, Captain Sullenberger Hudson, clean water, cloud computing, computer vision, Computing Machinery and Intelligence, coronavirus, cotton gin, COVID-19, defense in depth, Drosophila, Elon Musk, en.wikipedia.org, GPT-3, Gregor Mendel, Greta Thunberg, hallucination problem, helicopter parent, income inequality, industrial robot, invention of movable type, Isaac Newton, James Webb Space Telescope, John Nash: game theory, John von Neumann, Jony Ive, language acquisition, longitudinal study, Mark Zuckerberg, Mars Rover, meta-analysis, Neil Armstrong, neurotypical, pattern recognition, Peter Thiel, phenotype, ransomware, replication crisis, Report Card for America’s Infrastructure, Robert X Cringely, Saturday Night Live, self-driving car, seminal paper, Silicon Valley, Skinner box, space junk, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, Tacoma Narrows Bridge, TaskRabbit, theory of mind, TikTok, twin studies, unpaid internship, upwardly mobile, US Airways Flight 1549, warehouse automation, warehouse robotics, web application, William Langewiesche, Y Combinator

IndustryWeek, 2015. https://www.industryweek.com/talent/education-training/article/22007263/why-america-has-a-shortage-of-skilled-workers. “Construction Workforce Shortages Reach Pre-Pandemic Levels Even as Coronavirus Continues to Impact Projects & Disrupt Supply Chains.” The Construction Association, September 2, 2021. https://www.agc.org/news/2021/09/02/construction-workforce-shortages-reach-pre-pandemic-levels-even-coronavirus-0. “Conveyor Systems: Dependable Cost-Effective Product Transport.” Dematic.com. https://www.dematic.com/en/products/products-overview/conveyor-systems/. Coudriet, C. “The Top 25 Two-Year Trade Schools.”

ScienceDaily, May 16, 2012. https://www.sciencedaily.com/releases/2012/05/120516195408.htm. Zeman, A., et al. “Phantasia—The Psychological Significance of Lifelong Visual Imagery Vividness Extremes.” Cortex 130 (2020): 426–40. doi:10.1016/j.cortex.2020.04.003. Zhang, W., et al. “The Use of Anti-Inflammatory Drugs in the Treatment of People with Severe Coronavirus Disease 2019 (COVID-19): The Perspectives of Clinical Immunologists from China.” Clinical Immunology 214 (2020): 108393. Zimmer, C. “Many People Have a Vivid ‘Mind’s Eye,’ While Others Have None at All.” New York Times, June 8, 2021. https://www.nytimes.com/2021/06/08/science/minds-eye-mental-pictures-psychology.html. 2.


pages: 396 words: 113,613

Chokepoint Capitalism by Rebecca Giblin, Cory Doctorow

Aaron Swartz, AltaVista, barriers to entry, Berlin Wall, Bernie Sanders, Big Tech, big-box store, Black Lives Matter, book value, collective bargaining, commoditize, coronavirus, corporate personhood, corporate raider, COVID-19, disintermediation, distributed generation, Fairchild Semiconductor, fake news, Filter Bubble, financial engineering, Firefox, forensic accounting, full employment, gender pay gap, George Akerlof, George Floyd, gig economy, Golden age of television, Google bus, greed is good, green new deal, high-speed rail, Hush-A-Phone, independent contractor, index fund, information asymmetry, Jeff Bezos, John Gruber, Kickstarter, laissez-faire capitalism, low interest rates, Lyft, Mark Zuckerberg, means of production, microplastics / micro fibres, Modern Monetary Theory, moral hazard, multi-sided market, Naomi Klein, Network effects, New Journalism, passive income, peak TV, Peter Thiel, precision agriculture, regulatory arbitrage, remote working, rent-seeking, ride hailing / ride sharing, Robert Bork, Saturday Night Live, shareholder value, sharing economy, Silicon Valley, SoftBank, sovereign wealth fund, Steve Jobs, Steven Levy, stock buybacks, surveillance capitalism, Susan Wojcicki, tech bro, tech worker, The Chicago School, The Wealth of Nations by Adam Smith, TikTok, time value of money, transaction costs, trickle-down economics, Turing complete, Uber and Lyft, uber lyft, union organizing, Vanguard fund, vertical integration, WeWork

., and Darrick Hamilton, “The Federal Job Guarantee—A Policy to Achieve Permanent Full Employment,” Center on Budget and Policy Priorities, Mar. 9, 2018, https://www.cbpp.org/research/full-employment/the-federal-job-guarantee-a-policy-to-achieve-permanent-full-employment. 29. Andrew Van Dam, “The U.S. Has Thrown More Than $6 Trillion at the Coronavirus Crisis. That Number Could Grow,” Washington Post, Apr. 16, 2020, https://www.washingtonpost.com/business/2020/04/15/coronavirus-economy-6-trillion. 30. Stephanie Kelten, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy (New York: Public Affairs, 2020). 31. A country has “monetary sovereignty” if it (a) issues its own currency and (b) borrows primarily in that currency.

One 2018 analysis estimated a full guarantee for US workers would cost $543 billion per year, or 3 percent of GDP.28 In exchange, we’d have everyone who wanted a job but couldn’t otherwise get one working to make society better, adding to community stability and purpose. To put that into context, US government spending in response to just the first few months of the coronavirus pandemic in 2020 is estimated at over $6 trillion,29 about twelve times as much, of which substantial portions are going straight into billionaires’ pockets via stock buybacks, special dividends, executive bonuses, and service on debt that’s held by the company’s investors, who borrowed from the company to pay themselves dividends that will worsen inequality at the public’s expense.


pages: 442 words: 112,155

The Great Experiment: Why Diverse Democracies Fall Apart and How They Can Endure by Yascha Mounk

23andMe, affirmative action, basic income, centre right, coronavirus, COVID-19, critical race theory, Donald Trump, failed state, global pandemic, illegal immigration, income inequality, language acquisition, Mahatma Gandhi, meta-analysis, Milgram experiment, Peter Singer: altruism, phenotype, Republic of Letters, Ronald Reagan, Steven Pinker, theory of mind, transatlantic slave trade, universal basic income, unpaid internship, World Values Survey

GO TO NOTE REFERENCE IN TEXT Welfare benefits are minimal: Abdul Majeed Labib, “The Islamic Republic of Afghanistan: Updating and Improving the Social Protection Index,” Asian Development Bank, August 2012, https://www.adb.org/sites/default/files/project-document/76049/44152-012-reg-tacr-01.pdf. GO TO NOTE REFERENCE IN TEXT Even before COVID-19 hit: “Coronavirus Pushing Millions into Poverty: SIGAR,” Al Jazeera, July 31, 2020. https://www.aljazeera.com/economy/2020/7/31/coronavirus-pushing-millions-of-afghans-into-poverty-sigar. GO TO NOTE REFERENCE IN TEXT There are whole stretches: “Afghanistan,” CIA World Factbook, April 21, 2021, https://www.cia.gov/the-world-factbook/countries/afghanistan.

GO TO NOTE REFERENCE IN TEXT from who should get loans at preferential rates: “Civil Rights, Fair Lending and Consumer Rights Organizations Urge a More Race-Conscious CRA,” National Community Reinvestment Coalition, February 16, 2021, https://ncrc.org/civil-rights-fair-lending-and-consumer-rights-organizations-urge-a-more-race-conscious-cra. GO TO NOTE REFERENCE IN TEXT who should first get access to life-saving vaccines: See Isaac Stanley Becker and Lena H. Sun, “Aiming for Fairness in the Coronavirus Fight,” Washington Post, December 20, 2020, https://www.washingtonpost.com/health/2020/12/18/covid-vaccine-racial-equity/, and Yascha Mounk, “Why I’m Losing Trust in the Institutions,” Persuasion, December 23, 2020, https://www.persuasion.community/p/why-im-losing-trust-in-the-institutions. GO TO NOTE REFERENCE IN TEXT Joe Biden vowed that his administration’s “priority”: The White House (@WhiteHouse), “Our priority will be Black, Latino, Asian, and Native American owned small businesses, women -owned businesses, and finally having equal access to resources needed to re-open and re-build,” Twitter, January 10, 2021, 5:55 p.m., https://twitter.com/WhiteHouse/status/1348403213200990209.


pages: 252 words: 71,176

Strength in Numbers: How Polls Work and Why We Need Them by G. Elliott Morris

affirmative action, call centre, Cambridge Analytica, commoditize, coronavirus, COVID-19, critical race theory, data science, Donald Trump, Francisco Pizarro, green new deal, lockdown, Moneyball by Michael Lewis explains big data, Nate Silver, random walk, Ronald Reagan, selection bias, Silicon Valley, Socratic dialogue, statistical model, Works Progress Administration

In contrast to the previous election, when national polls were “very close to spot-on, there was a two percentage point bias on the presidency, and [the pattern in] state bias was identical to what it was in 2016.” This suggests both that pollsters did not fix the underlying issues from 2016 and that something else got worse across the board.18 The causes of these errors were twofold, according to Shor. “First was overestimating support among non-college whites. Then there was a second error, due to coronavirus making Democrats stay at home,” where they were more likely to answer a pollster’s calls or fill out a survey online. Eventually, the latter bias faded as people returned to work and pandemic-era public health measures were lifted. But the first bit of error will persist, in a way that weighting for education apparently did not fix.

“And there will be another thing,” Shor warns; there is always the possibility that something pollsters can’t predict ahead of time will cause their polls to err. “Differential nonresponse is shockingly volatile,” Shor says. “Take social trust: It used to be relatively uncorrelated with partisanship, and then in 2016 it was correlated with partisanship.” Then, in 2020, coronavirus caused new problems. There is no way of adjusting for everything ahead of time. Shor warns that the traditional RDD polling model, and phone polling in general, “has really fundamental problems. . . . People who answer phone surveys are much, much more politically engaged than the general population.


pages: 445 words: 122,877

Career and Family: Women’s Century-Long Journey Toward Equity by Claudia Goldin

coronavirus, correlation coefficient, COVID-19, en.wikipedia.org, equal pay for equal work, estate planning, financial independence, gender pay gap, glass ceiling, global pandemic, Grace Hopper, hiring and firing, income inequality, Internet Archive, job automation, labor-force participation, longitudinal study, occupational segregation, old-boy network, principal–agent problem, profit maximization, remote working, Silicon Valley, Simon Kuznets, social distancing, women in the workforce, Works Progress Administration, young professional

“Social and Demographic Trends Project, 2012 Gender and Generations Survey.” November/December. Pew Research. 2017. “Gender Discrimination Comes in Many Forms for Today’s Working Women.” Kim Parker and Cary Funk. July/August. Pew Research. 2020. “How the Coronavirus Outbreak Has—and Hasn’t—Changed the Way Americans Work.” Kim Parker, Juliana Horowitz, and Rachel Minkin. December. https://www.pewresearch.org/social-trends/2020/12/09/how-the-coronavirus-outbreak-has-and-hasnt-changed-the-way-americans-work/. Preston, Samuel H., and Michael R. Haines. 1991. Fatal Years: Child Mortality in Late Nineteenth-Century America. Princeton, NJ: Princeton University Press.

The other method has hours for parents with the youngest children closer to BCE hours and those with school-aged children closer to DC hours, reflecting the fact that daycares were open when public schools were not. 230  about 60 percent of all college graduates had headed back    One of the special questions asked of employed persons in the CPS beginning in May 2020 is “Have you teleworked or worked at home for pay at any time in the last four weeks because of the coronavirus?” In May 2020, 60 percent of all college graduates answered that they had been working from home. In September 2020, just about 40 percent were. The published data are not broken down by gender, but a higher fraction of women in general were working for pay from home than were men in both months. 230  “It’s especially difficult for banks …”    Elisa Martinuzzi and Marcus Ashworth, “Banker Culture Slips in the Pandemic,” Bloomberg Opinion, September 25, 2020, https://www.bloomberg.com/opinion/articles/2020-09-25/why-wall-street-wants-bankers-back-in-the-office. 230  “Those who don’t go into a place of work …”    Handley (2020). 230  in the DC and AC/DC worlds have been about 1.7 times … from about 60 percent BCE to around 73 percent AC/DC    See the previous discussion of the AC/DC calculation.


pages: 667 words: 186,968

The Great Influenza: The Story of the Deadliest Pandemic in History by John M. Barry

Albert Einstein, Brownian motion, centralized clearinghouse, conceptual framework, coronavirus, discovery of penicillin, double helix, Edward Jenner, Fellow of the Royal Society, germ theory of disease, index card, Louis Pasteur, Marshall McLuhan, Mason jar, means of production, scientific management, seminal paper, statistical model, the medium is the message, the scientific method, traveling salesman, women in the workforce

Still, even with the best modern care, even with for example dramatically more efficient and effective administration of oxygen than in 1918, the mortality rate for ARDS patients in different studies ranges from 40 to 60 percent. Without intensive care—and hospitals have few beds in intensive-care units—the mortality rate would approach 100 percent. (In 2003 a new coronavirus that causes SARS, “Severe Acute Respiratory Syndrome,” appeared in China and quickly spread around the world. Coronaviruses cause an estimated 15 to 30 percent of all colds and, like the influenza virus, infect epithelial cells. When the coronavirus that causes SARS does kill, it often kills through ARDS, although since the virus replicates much more slowly than influenza, death from ARDS can come several weeks after the first symptoms.)

It invades cells that have energy and then, like some alien puppet master, it subverts them, takes them over, forces them to make thousands, and in some cases hundreds of thousands, of new viruses. The power to do this lies in their genes. In most life forms, genes are stretched out along the length of a filament-like molecule of DNA, deoxyribonucleic acid. But many viruses—including influenza, HIV, and the coronavirus that causes SARS (Severe Acute Respiratory Syndrome)—encode their genes in RNA, ribonucleic acid, an even simpler but less stable molecule. Genes resemble software; just as a sequence of bits in a computer code tells the computer what to do—whether to run a word processing program, a computer game, or an Internet search, genes tell the cell what to do.

It is this adaptability that explains why these quasi species, these mutant swarms, can move rapidly back and forth between different environments and also develop extraordinarily rapid drug resistance. As one investigator has observed, the rapid mutation “confers a certain randomness to the disease processes that accompany RNA [viral] infections.” Influenza is an RNA virus. So is HIV and the coronavirus. And of all RNA viruses, influenza and HIV are among those that mutate the fastest. The influenza virus mutates so fast that 99 percent of the 100,000 to 1 million new viruses that burst out of a cell in the reproduction process are too defective to infect another cell and reproduce again. But that still leaves between 1,000 and 10,000 viruses that can infect another cell.


pages: 224 words: 74,019

Women and Other Monsters: Building a New Mythology by Jess Zimmerman

coronavirus, Donald Trump, Downton Abbey, emotional labour, Joan Didion, multilevel marketing, Social Justice Warrior

They’re not invested in children, or even in mothers—the same people generally oppose paid maternity leave, subsidized child care, universal health care, social support programs benefiting mothers with kids, and sometimes public schools. They’re not invested in reducing abortion—the same people oppose comprehensive sex education and accessible contraception. They’re not even invested in reducing deliberate death. Anyone who still believes the “pro-life” spin after months of watching the GOP downplay coronavirus, kneecap efforts to supply hospitals or limit spread, and call for the sacrifice of tens of thousands on the altar of the economy is using a twisted definition of “life.” What they are invested in is birth: the conversion of a woman into a mother, after which she and her baby can be left to struggle.

When I said I was a worried person, this is what I meant—that I go through our cabinets wondering how long we’ll be able to survive on dry noodles; that I fret about how accessible our windows are from the street, not because of crime but because of a post-apocalypse Purge. (All of this was in some way put to the test during the long nightmare of coronavirus, though food shortages and roving bandits weren’t as much of a problem as I’d imagined. It turns out I was right in most respects. No amount of dry noodles is enough to feel safe, but it’s better to be together.) That anxiety is not only compounded by the addition of a child; it’s increased exponentially, because not only do I have yet another life to worry about, a life I will by all accounts be even more disastrously concerned about than I am about my husband or dog, but I am virtually guaranteed that even if the end doesn’t come in my lifetime, it will in theirs.


pages: 244 words: 73,700

Cultish: The Language of Fanaticism by Amanda Montell

barriers to entry, behavioural economics, BIPOC, Black Lives Matter, classic study, cognitive dissonance, coronavirus, COVID-19, Donald Trump, en.wikipedia.org, epigenetics, fake news, financial independence, Girl Boss, growth hacking, hive mind, Jeff Bezos, Jeffrey Epstein, Keith Raniere, Kickstarter, late capitalism, lockdown, loss aversion, LuLaRoe, Lyft, multilevel marketing, off-the-grid, passive income, Peoples Temple, Phoebe Waller-Bridge, Ponzi scheme, prosperity theology / prosperity gospel / gospel of success, QAnon, Ronald Reagan, Russell Brand, Sapir-Whorf hypothesis, Search for Extraterrestrial Intelligence, side hustle, Silicon Valley, Skype, Social Justice Warrior, Stanford prison experiment, Steve Jobs, sunk-cost fallacy, tech bro, the scientific method, TikTok, uber lyft, women in the workforce, Y2K

Tupperware: Cristen Conger, “How Tupperware Works,” HowStuffWorks, July 25, 2011, https://people.howstuffworks.com/tupperware2.htm. The Federal Trade Commission sent warnings: Lisette Voytko, “FTC Warns 16 Multi-Level Marketing Companies About Coronavirus .” Forbes, June 9, 2020, https://www.forbes.com/sites/lisettevoytko/2020/06/09/ftc-warns-16-multi-level-marketing-companies-about-coronavirus-fraud/?sh=12d56c827b9d. to throw plastic confetti: Lawrence Specker, “It Wasn’t Easy, But Mobile Now Has a 21st Century Confetti Policy,” Mobile Real-Time News, August 7, 2018, https://www.al.com/news/mobile/2018/08/it_wasnt_easy_but_mobile_now_h.html.


pages: 264 words: 74,785

Midnight in Vehicle City: General Motors, Flint, and the Strike That Created the Middle Class by Edward McClelland

collective bargaining, company town, coronavirus, COVID-19, Ford Model T, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, Jeff Bezos, minimum wage unemployment, New Urbanism, Ronald Reagan, strikebreaker, Ted Nelson, Triangle Shirtwaist Factory, union organizing, Upton Sinclair

The notion of self-regulation, or the removal of traditional standards of behavior (which were seen as tools of racial prejudice, sexism, elitism, and/or protection of privilege) in favor of market-based standards of behavior became popular in the social, then the political, and finally, the economic realms. Can the middle class rise again? During the coronavirus crisis of 2020, workers at an Amazon delivery center in Chicago organized a movement that led to the company’s granting paid time off to all employees, both full and part time. Amazon workers also walked off the job to demand that the company shut down the facility after an employee tested positive for covid-19.

See also Wagner Act Combs, Prince, 25 Communist Party of the United States (CPUSA): affiliation with, repercussions, 14, 27; and early labor organizing, 21–22; “What to Do in Case of a Sit Down” (Weinstone), 52 company unions, 15–17, 35, 159 Congress of Industrial Organizations (CIO), formation of, 18. See also labor organizing, unions; Lewis, John L.; United Auto Workers of America (UAWA/UAW) Connelly, Leo, 29–30 Connolly, William, 76, 87 Coolidge, Calvin, 100 Cooper, Don, 186 coronavirus crisis, impact on workers in 2020, 192 Crapo, Henry Howland, 1 Cronk, Ed, 139–40, 142, 145, 147 Dalrymple, Sherman H., 35 Debs, Eugene, 13 Devitt, Joe, 36, 51 Dewey, James Frank, 99, 172 Dodge Main, Hamtramck, Michigan, 179 Dremon, Leo, 146 Durant, William Crapo, 1–3, 129–30 eight-hour work-day standard, 21, 109, 115 Emory, Mr., 146 Estrada, Cynthia, 189 families of strikers: dependence on GM, 29; importance of strike to, 54, 65, 59, 92–93, 95, 120; relief funds, assistance given to, 66, 94, 123–24; response to strike, 42, 64–66, 91, 106, 109; strike widows, 52.


pages: 303 words: 74,206

GDP: The World’s Most Powerful Formula and Why It Must Now Change by Ehsan Masood

Alan Greenspan, anti-communist, bank run, banking crisis, biodiversity loss, Bob Geldof, Bretton Woods, centre right, clean water, colonial rule, coronavirus, COVID-19, Credit Default Swap, decarbonisation, deindustrialization, Diane Coyle, energy security, European colonialism, financial engineering, government statistician, happiness index / gross national happiness, income inequality, indoor plumbing, Intergovernmental Panel on Climate Change (IPCC), Isaac Newton, job satisfaction, Kickstarter, Mahbub ul Haq, mass immigration, means of production, Meghnad Desai, Mohammed Bouazizi, Robert Solow, Ronald Reagan, Sheryl Sandberg, Silicon Valley, Simon Kuznets, Skype, statistical model, the scientific method, The Spirit Level, Washington Consensus, wealth creators, zoonotic diseases

Strong Seven: “As Vulgar as GDP” Eight: Exporting Shangri-La Nine: $33 Trillion Man Ten: Stern Lessons Eleven: “Nothing Is More Destructive of Democracy” Epilogue: Unfinished Revolution A Note on Symbols Acknowledgments Bibliography Index About the Author Copyright PREFACE TO THE SECOND EDITION The world of 2021 seems barely recognizable from 2016 when the first edition of this book (under its original title The Great Invention), was published in the United States. As I write this (at the start of 2021), the coronavirus pandemic has taken close to 2 million lives and infected nearly 100 million people, and continues to decimate economies. Most of the world, with the exception of East Asia, is in some form of lockdown. Hundreds of millions, especially the lowest-paid workers in service industries, have become jobless.

IMF World Economic Outlook, October 2020: https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020#Full%20Report%20and%20Executive%20Summary (accessed 21 December 2020). 2. Working paper from Martin de Ridder of the University of Cambridge: http://covid.econ.cam.ac.uk/de-ridder-government-expenditures-during-coronavirus-pandemic (accessed 17 December 2020. 3. G. Ceballos, P. R. Ehrlich, P.H. Raven, “Vertebrates on the brink as indicators of biological annihilation and the sixth mass extinction,” Proceedings of the National Academy of Sciences, June 2020, 117 (24) 13596–13602; DOI: 10.1073/pnas.1922686117 (accessed 4 January 2021). 4.


pages: 600 words: 72,502

When More Is Not Better: Overcoming America's Obsession With Economic Efficiency by Roger L. Martin

activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, autism spectrum disorder, banking crisis, Black Monday: stock market crash in 1987, butterfly effect, call centre, cloud computing, complexity theory, coronavirus, COVID-19, David Ricardo: comparative advantage, do what you love, Edward Lorenz: Chaos theory, financial engineering, Frederick Winslow Taylor, Glass-Steagall Act, High speed trading, income inequality, industrial cluster, inflation targeting, Internet of things, invisible hand, Lean Startup, low interest rates, Lyft, Mark Zuckerberg, means of production, Network effects, new economy, obamacare, open economy, Phillips curve, Pluto: dwarf planet, power law, Renaissance Technologies, Richard Florida, Ronald Reagan, scientific management, shareholder value, Silicon Valley, Snapchat, Spread Networks laid a new fibre optics cable between New York and Chicago, Tax Reform Act of 1986, The future is already here, the map is not the territory, The Wealth of Nations by Adam Smith, Tobin tax, Toyota Production System, transaction costs, trickle-down economics, two-sided market, uber lyft, very high income, Vilfredo Pareto, zero-sum game

An Agenda for Political Leaders 8. An Agenda for Educators 9. An Agenda for Citizens 10. Closing Thoughts Notes Index Acknowledgments About the Author Foreword Roger Martin turned in the final draft of this book on January 19, 2020, right around the time that most of us were first hearing about the novel coronavirus and first finding ways to believe that it posed no great threat to our lives or plans. Two months later, most Western nations were in lockdown and almost everything about the future was suddenly unknown. As I write these words, confined to my apartment in New York City, the national death toll from COVID-19 is approaching 20,000, and tens of millions of our fellow citizens are facing financial ruin.

Yet one of the most promising reactions to this global catastrophe has been the growing realization that it offers us a once-in-a-lifetime chance to change things—big things that seemed immutable just a few months ago. Things like the nature of American capitalism and democracy. Martin’s book does not mention the coronavirus, yet it is the most essential book I know of for building a better postpandemic America, with important lessons for all Western democracies. Martin shows us how the mental model we’ve been using to think about our economy is wrong, disastrously wrong. The economy is not a machine that experts can fine-tune for maximum efficiency.


pages: 211 words: 78,547

How Elites Ate the Social Justice Movement by Fredrik Deboer

2021 United States Capitol attack, Affordable Care Act / Obamacare, anti-communist, Bernie Sanders, BIPOC, Black Lives Matter, Capital in the Twenty-First Century by Thomas Piketty, centre right, collective bargaining, coronavirus, COVID-19, data science, David Brooks, defund the police, deindustrialization, delayed gratification, Donald Trump, Edward Snowden, effective altruism, false flag, Ferguson, Missouri, George Floyd, global pandemic, helicopter parent, income inequality, lockdown, obamacare, Occupy movement, open immigration, post-materialism, profit motive, QAnon, Silicon Valley, single-payer health, social distancing, TikTok, upwardly mobile, W. E. B. Du Bois, We are the 99%, working poor, zero-sum game

In 2020, a year that was sold at the time as a moment of unique political foment—as a “reckoning”—we saw the American progressive movement drift from the essential to the inconsequential, from the material to the illusory, in much the same way. Early that year, an unprecedented global pandemic bloomed in front of our eyes. The novel coronavirus Covid-19 exploded out from China and across the face of the globe in the span of a few months. There have been deadlier diseases, and there have been diseases that have wrought more havoc, but there had never before been a disease that so took advantage of a globalized and interconnected Earth, of our now-small world.

“it is an error to jump”: Jonathan Chait, “The Still-Vital Case for Liberalism in a Radical Age,” New York, June 11, 2020, https://nymag.com/intelligencer/2020/06/case-for-liberalism-tom-cotton-new-york-times-james-bennet.html. “For years, I’ve been among”: Wesley Lowery, “A Reckoning Over Objectivity, Led by Black Journalists,” New York Times, June 23, 2020, https://www.nytimes.com/2020/06/23/opinion/objectivity-black-journalists-coronavirus.html. Take, for example, the fact: Ian Thomsen, “The Research Is Clear: White People Are Not More Likely Than Black People to Be Killed by Police,” Northeastern Global News, July 16, 2020, https://news.northeastern.edu/2020/07/16/the-research-is-clear-white-people-are-not-more-likely-than-black-people-to-be-killed-by-police/.


Apocalypse Never: Why Environmental Alarmism Hurts Us All by Michael Shellenberger

"World Economic Forum" Davos, Albert Einstein, An Inconvenient Truth, Anthropocene, Asperger Syndrome, Bernie Sanders, Bob Geldof, Boeing 747, carbon footprint, carbon tax, Cesare Marchetti: Marchetti’s constant, clean tech, clean water, climate anxiety, Corn Laws, coronavirus, corporate social responsibility, correlation does not imply causation, cuban missile crisis, decarbonisation, deindustrialization, disinformation, Dissolution of the Soviet Union, Donald Trump, Dr. Strangelove, Elon Musk, energy transition, Extinction Rebellion, failed state, Garrett Hardin, Gary Taubes, gentleman farmer, global value chain, Google Earth, green new deal, Greta Thunberg, hydraulic fracturing, index fund, Indoor air pollution, indoor plumbing, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, land tenure, Live Aid, LNG terminal, long peace, manufacturing employment, mass immigration, meta-analysis, Michael Shellenberger, microplastics / micro fibres, Murray Bookchin, ocean acidification, off grid, oil shale / tar sands, Potemkin village, precautionary principle, purchasing power parity, Ralph Nader, renewable energy transition, Rupert Read, School Strike for Climate, Solyndra, Stephen Fry, Steven Pinker, supervolcano, Ted Nordhaus, TED Talk, The Wealth of Nations by Adam Smith, Thomas Malthus, too big to fail, trade route, Tragedy of the Commons, union organizing, WikiLeaks, Y2K

Nick Perry, “Death toll from New Zealand volcano rises to 21 as victim dies from injuries nearly two months later,” Independent, January 29, 2020, https://www.independent.co.uk. 111. “ ‘Stealth Transmission’ Fuels Fast Spread of Coronavirus Outbreak,” Mailman School of Public Health at Columbia University, February 26, 2020, https://www.mailman.columbia.edu/public-health-now/news/stealth-transmission-fuels-fast-spread-coronavirus-outbreak. 112. Kerry Emanuel (climate scientist, MIT) in discussion with the author, November 15, 2019. 113. International Energy Agency, “Global CO2 Emissions in 2019,” February 11, 2020. European Commission, “Progress Made in Cutting Emissions,” accessed March 2, 2020.

See also Virunga National Park author’s visit, 6–9, 16–19, 281–82 bushmeat, 141–42 economic development in, 16–19, 70–72 habitat conservation, 68–69, 73–74 hydroelectric power, 70–71, 83–84, 245–46, 276 need for fossil fuels, 81–83 palm oil, 112, 276 wood fuel use, 6–9, 68–70 Conservation Refugees (Dowie), 74 Consumer boycotts, 28–29, 87–88 Consumer Watchdog, 215 Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), 62 Conway, Erik, 250–51, 252 Cook, James, 36 Cooper, Bradley, 222 Cornell University, 43–44, 74 Corn ethanol, 61, 193 Coronavirus, 25 Corporate Crime Reporter, 208–9 Costa Rica, 28–29, 45, 52 Council on Foreign Relations, 157 Crockford, Susan, 253 Cronkite, Walter, 108 Crop-raiding, 17–18, 74–75, 78, 79 Cuban Missile Crisis, 172 Cumberbatch, Benedict, ix Curie, Marie, 241 Curie, Paul, 241 Current TV, 214 Cybernetics, 262–63 Da Silva, Benedita, 29 Da Silva, Luiz Inácio “Lula,” 29, 42 Da Vinci, Leonardo, 123 Davis-Besse Nuclear Power Station, 166 Day After, The (film), 270 Death symbolism, 267–69, 278–79 Deepwater Horizon oil spill, 150 Deerfield Wind Project, 198 Deforestation, 32–33, 86 of Amazon rainforest, 28–32, 34, 35, 38–42, 303n fire and food, 36–38 DeGeneres, Ellen, 223 Delhi, India, 64, 237 Democratic Republic of the Congo.


Science Fictions: How Fraud, Bias, Negligence, and Hype Undermine the Search for Truth by Stuart Ritchie

Albert Einstein, anesthesia awareness, autism spectrum disorder, Bayesian statistics, Black Lives Matter, Carmen Reinhart, Cass Sunstein, Charles Babbage, citation needed, Climatic Research Unit, cognitive dissonance, complexity theory, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, data science, deindustrialization, Donald Trump, double helix, en.wikipedia.org, epigenetics, Estimating the Reproducibility of Psychological Science, fake news, Goodhart's law, Growth in a Time of Debt, Helicobacter pylori, Higgs boson, hype cycle, Kenneth Rogoff, l'esprit de l'escalier, Large Hadron Collider, meta-analysis, microbiome, Milgram experiment, mouse model, New Journalism, ocean acidification, p-value, phenotype, placebo effect, profit motive, publication bias, publish or perish, quantum entanglement, race to the bottom, randomized controlled trial, recommendation engine, rent-seeking, replication crisis, Richard Thaler, risk tolerance, Ronald Reagan, Scientific racism, selection bias, Silicon Valley, Silicon Valley startup, social distancing, Stanford prison experiment, statistical model, stem cell, Steven Pinker, TED Talk, Thomas Bayes, twin studies, Tyler Cowen, University of East Anglia, Wayback Machine

Since a preprint can be posted online without any oversight, we should certainly be extra sceptical about them, while scientists should have the intellectual humility not to publicise their work before it’s been at least looked over by their peers.86 As the scientific ecosystem changes, journalists will become more aware that there are different ‘stages’ of scientific publication and that they should be particularly cautious of papers that are still at the earlier ones. Soon after the start of the coronavirus (COVID-19) pandemic in early 2020, preprints appeared on a major biological preprint server that sparked widespread discussion about the origins and effects of the virus. Some of the papers were of obviously low quality, rushed out to capitalise on the media frenzy about the pandemic. Others included phrasing that, whether inadvertently or otherwise, seemed to stoke conspiracy theories about the virus having been designed deliberately as a biological weapon.

Although preprints can act as a vector for erroneous information, it’s unlikely we could design a system that eradicated all mistakes. We need to weigh the downsides of preprints against the upsides that they bring of increased openness, transparency and rapidity. Indeed, for virologists and epidemiologists responding to the coronavirus crisis, the preprinting revolution has brought forth a wave of new data that substantially accelerates science, producing a research culture that’s utterly different from those during previous disease outbreaks. Not having to wait for formal peer review, being able to comment instantly on drafts of new findings, and sharing important null results that wouldn’t normally survive the publication-bias process has – despite the rare misleading claims given us a scientific literature that’s months, or maybe years, ahead of where it would be otherwise.

ABC News abortion Abu Ghraib prison abuse (2003) accidental discoveries Acta Crystallographica Section E acupuncture Afghan hounds Agence France-Presse AIDS (acquired immune deficiency syndrome) Alchemist, The (Bega) Alexander, Benita Alexander, Scott algorithms allergies Alzheimer, Aloysius Alzheimer’s Disease Amazon American Journal of Potato Research Amgen amygdala amyloid cascade hypothesis anaesthesia awareness Fujii affair (2012) outcome switching Anaesthesia & Analgesia animal studies antidepressants antipsychotics archaeology Arnold, Frances arsenic artificial tracheas asthma austerity Australia Austria autism aviation Babbage, Charles Bacon, Francis bacteria Bargh, John Bayer Bayes, Thomas Bayesian statistics BDNF gene Before You Know It (Bargh) Bega, Cornelis Begley, Sharon Belgium Bell Labs Bem, Daryl benzodiazepines bias blinding and conflict of interest De Vries’ study (2018) funding and groupthink and meaning well bias Morton’s skull studies p-hacking politics and publication bias randomisation and sexism and Bik, Elisabeth Bill & Melinda Gates Foundation Biomaterials biology amyloid cascade hypothesis Bik’s fake images study (2016) Boldt affair (2010) cell lines China, misconduct in Hwang affair (2005–6) Macchiarini affair (2015–16) meta-scientific research microbiome studies Morton’s skull studies Obokata affair (2014) outcome switching preprints publication bias replication crisis Reuben affair (2009) spin and statistical power and Summerlin affair (1974) Wakefield affair (1998–2010) biomedical papers bird flu bispectral index monitor black holes Black Lives Matter blinding blotting BMJ, The Boldt, Joachim books Borges, Jorge Luis Boulez, Pierre Boyle, Robert brain imaging Brass Eye vii British Medical Journal Brock, Jon bronchoscopy Broockman, David Brown, Nick Bush, George Walker business studies BuzzFeed News California Walnut Commission California wildfires (2017) Canada cancer cell lines collaborative projects faecal transplants food and publication bias and replication crisis and sleep and spin and candidate genes carbon-based transistors Cardiff University cardiovascular disease Carlisle, John Carlsmith, James Carney, Dana cash-for-publication schemes cataracts Cell cell lines Cell Transplantation Center for Open Science CERN (Conseil Européen pour la Recherche Nucléaire) chi-squared tests childbirth China cash-for-publication schemes cell line mix-ups in Great Famine (1959–1961) misconduct cases in randomisation fraud in chrysalis effect Churchill, Winston churnalism Cifu, Adam citations clickbait climate change cloning Clostridium difficile cochlear implants Cochrane Collaboration coercive citation coffee cognitive dissonance cognitive psychology cognitive tests coin flipping Colbert Report, The Cold War collaborative projects colonic irrigation communality COMPare Trials COMT gene confidence interval conflict of interest Conservative Party conspicuous consumption Cooperative Campaign Analysis Project (CCAP) ‘Coping with Chaos’ (Stapel) Cornell University coronavirus (COVID-19) Corps of Engineers correlation versus causation corticosteroids Cotton, Charles Caleb creationism Crowe, Russell Csiszar, Alex Cuddy, Amy CV (curriculum vitae) cyber-bullying cystic fibrosis Daily Mail Daily Telegraph Darwin Memorial, The’ (Huxley) Darwin, Charles Das, Dipak datasets fraudulent Observational publication bias Davies, Phil Dawkins, Richard De Niro, Robert De Vries, Ymkje Anna debt-to-GDP ratio Deer, Brian democratic peace theory Denmark Department of Agriculture, US depression desk rejections Deutsche Bank disabilities discontinuous mind disinterestedness DNA (deoxyribonucleic acid) domestication syndrome doveryai, no proveryai Duarte, José Duke University duloxetine Dutch Golden Age Dutch Organisation for Scientific Research Dweck, Carol economics austerity preprints statistical power and effect size Einstein, Albert Elmo Elsevier engineering epigenetics euthanasia evolutionary biology exaggeration exercise Experiment, The exploratory analyses extrasensory perception faecal transplants false-positive errors Fanelli, Daniele Festinger, Leon file-drawer problem financial crisis (2007–8) Fine, Cordelia Fisher, Ronald 5 sigma evidence 5-HT2a gene 5-HTTLPR gene fixed mindset Food and Drug Administration (FDA) Food Frequency Questionnaires food psychology Formosus, Pope foxes France Francis, Pope Franco, Annie fraud images investigation of motives for numbers Open Science and peer review randomisation Freedom of Information Acts French, Chris Fryer, Roland Fujii, Yoshitaka funding bias and fraud and hype and long-term funding perverse incentive and replication crisis and statistical power and taxpayer money funnel plots Future of Science, The (Nielsen) gay marriage Gelman, Andrew genetically modified crops genetics autocorrect errors candidate genes collaborative projects gene therapy genome-wide association studies (GWASs) hype in salami-slicing in Geneva, Switzerland geoscience Germany Getty Center GFAJ-1 Giner-Sorolla, Roger Glasgow Effect Goldacre, Ben Goldsmiths, University of London Golgi Apparatus good bacteria Good Morning America good scientific citizenship Goodhart’s Law Goodstein, David Google Scholar Górecki, Henryk Gould, Stephen Jay Gran Sasso, Italy grants, see funding Granularity-Related Inconsistency of Means (GRIM) grapes Great Recession (2007–9) Great Red Spot of Jupiter Green, Donald Gross Domestic Product (GDP) Gross, Charles ground-breaking results groupthink ‘Growth in a Time of Debt’ (Reinhart and Rogoff) growth mindset Guzey, Alexey gynaecology h-index H5N1 Haldane, John Burdon Sanderson Hankins, Matthew HARKing Harris, Sidney Harvard University headache pills heart attacks heart disease Heathers, James height Heilongjiang University Heino, Matti Henry IV (Shakespeare) Higgs Boson Hirsch, Jorge HIV (human immunodeficiency viruses) homosexuality Hong Kong Hooke, Robert Hossenfelder, Sabine Houston, Texas Hume, David Huxley, Thomas Henry Hwang, Woo-Suk hydroxyethyl starch hype arsenic life affair (2010) books correlation versus causation cross-species leap language and microbiome studies news stories nutrition and press releases spin unwarranted advice hypotheses Ig Nobel Prize images, fraudulent impact factor India insomnia International Journal of Advanced Computer Technology Ioannidis, John IQ tests Iraq War (2003–11) Italy Japan John, Elton Journal of Cognitive Education and Psychology Journal of Environmental Quality Journal of Negative Results in Biomedicine Journal of Personality and Social Psychology journals conflict of interest disclosure fraud and hype and impact factor language in mega-journals negligence and Open Science and peer review, see peer review predatory journals preprints publication bias rent-seeking replication studies retraction salami slicing subscription fees Jupiter Kahneman, Daniel Kalla, Joshua Karolinska Institute Krasnodar, Russia Krugman, Paul Lacon, or Many Things in Few Words (Cotton) LaCour, Michael Lancet Fine’s ‘feminist science’ article (2018) Macchiarini affair (2015–16) Wakefield affair (1998–2010) language Large Hadron Collider Le Texier, Thibault Lewis, Jason Lexington Herald-Leader Leyser, Ottoline Lilienfeld, Scott Loken, Eric Lost in Math (Hossenfelder) low-fat diet low-powered studies Lumley, Thomas Lysenko, Trofim Macbeth (Shakespeare) Macbeth effect Macchiarini, Paolo MacDonald, Norman machine learning Macleod, Malcolm Macroeconomics major depressive disorder Malaysia Mao Zedong MARCH1 Marcus, Adam marine biology Markowetz, Florian Matthew Effect Maxims and Moral Reflections (MacDonald) McCartney, Gerry McCloskey, Deirdre McElreath, Richard meaning well bias Measles, Mumps & Rubella (MMR) measurement errors Medawar, Peter medical research amyloid cascade hypothesis Boldt affair (2010) cell lines China, misconduct in collaborative projects Fujii affair (2012) Hwang affair (2005–6) Macchiarini affair (2015–16) meta-scientific research Obokata affair (2014) outcome switching pharmaceutical companies preprints pre-registration publication bias replication crisis Reuben affair (2009) spin and statistical power and Summerlin affair (1974) Wakefield affair (1998–2010) medical reversal Medical Science Monitor Mediterranean Diet Merton, Robert Mertonian Norms communality disinterestedness organised scepticism universalism meta-science Boldt affair (2010) chrysalis effect De Vries’ study (2018) Fanelli’s study (2010) Ioannidis’ article (2005) Macleod’s studies mindset studies (2018) saturated fats studies spin and stereotype threat studies mice microbiome Microsoft Excel Milgram, Stanley Mill, John Stuart Mindset (Dweck) mindset concept Mismeasure of Man, The (Gould) Modi, Narendra money priming Mono Lake, California Moon, Hyung-In Morton, Samuel Motyl, Matt multiverse analysis nanotechnology National Academy of Sciences National Aeronautics and Space Administration (NASA) National Institutes of Health National Science Foundation Nature cash-for-publication and cell line editorial (1981) impact factor language in Obokata affair (2014) Open Access and open letter on statistical significance (2019) replication research Schön affair (2002) Stapel affair (2011) Nature Neuroscience Nature Reviews Cancer NBC negligence cell line mix-ups numerical errors statistical power typos Netflix Netherlands replication studies in Stapel’s racism studies statcheck research neuroscience amyloid cascade hypothesis collaborative projects Macleod’s animal research studies replication crisis sexism and statistical significance and Walker’s sleep studies neutrinos New England Journal of Medicine New York Times New Zealand news media Newton, Isaac Nielsen, Michael Nimoy, Leonard No Country for Old Men Nobel Prize northern blots Nosek, Brian Novella, Steven novelty Novum Organum (Bacon) Nuijten, Michèle nullius in verba, numerical errors nutrition Obama, Barack obesity Obokata, Haruko observational datasets obstetrics ocean acidification oesophagus ‘Of Essay-Writing’ (Hume) Office for Research Integrity, US Oldenburg, Henry Open Access Open Science OPERA experiment (2011) Oransky, Ivan Orben, Amy Organic Syntheses organised scepticism Osborne, George outcome-switching overfitting Oxford University p-value/hacking alternatives to Fine and low-powered studies and microbiome studies and nutritional studies and Open Science and outcome-switching perverse incentive and pre-registration and screen time studies and spin and statcheck and papers abstracts citations growth rates h-index introductions method sections results sections salami slicing self-plagiarism university ranks and Parkinson’s disease particle-accelerator experiments peanut allergies peer review coercive citation fraudulent groupthink and LaCour affair (2014–15) Preprints productivity incentives and randomisation and toxoplasma gondii scandal (1961) volunteer Wakefield affair (1998–2010) penicillin Peoria, Illinois Perspectives in Psychological Science perverse incentive cash for publications competition CVs and evolutionary analogy funding impact factor predatory journals salami slicing self-plagiarism Pett, Joel pharmaceutical companies PhDs Philosophical Transactions phlogiston phosphorus Photoshop Physical Review physics placebos plagiarism Plan S Planck, Max plane crashes PLOS ONE pluripotency Poehlman, Eric politics polygenes polyunsaturated fatty acids Popper, Karl populism pornography positive feedback loops positive versus null results, see publication bias post-traumatic stress disorder (PTSD) power posing Prasad, Vinay pre-registration preclinical studies predatory journals preprints Presence (Cuddy) press releases Prevención con Dieta Mediterránea (PREDIMED) priming Princeton University Private Eye probiotics Proceedings of the National Academy of Sciences prosthetic limbs Przybylski, Andrew psychic precognition Psychological Medicine psychology Bargh’s priming study (1996) Bem’s precognition studies books Carney and Cuddy’s power posing studies collaborative projects data sharing study (2006) Dweck’s mindset concept Festinger and Carlsmith’s cognitive dissonance studies Kahneman’s priming studies LaCour’s gay marriage experiment politics and preprints publication bias in Shanks’ priming studies Stanford Prison Experiment Stapel’s racism studies statistical power and Wansink’s food studies publication bias publish or perish Pubpeer Pythagoras’s theorem Qatar quantum entanglement racism Bargh’s priming studies Morton’s skull studies Stapel’s environmental studies randomisation Randy Schekman Reagan, Ronald recommendation algorithms red grapes Redfield, Rosemary Reflections on the Decline of Science in England (Babbage) Reinhart, Carmen Rennie, Drummond rent-seeking replication; replication crisis Bargh’s priming study Bem’s precognition studies biology and Carney and Cuddy’s power posing studies chemistry and economics and engineering and geoscience and journals and Kahneman’s priming studies marine biology and medical research and neuroscience and physics and Schön’s carbon-based transistor Stanford Prison Experiment Stapel’s racism studies Wolfe-Simon’s arsenic life study reproducibility Republican Party research grants research parasites resveratrol retraction Arnold Boldt Fujii LaCour Macchiarini Moon Obokata Reuben Schön Stapel Wakefield Wansink Retraction Watch Reuben, Scott Reuters RIKEN Rogoff, Kenneth romantic priming Royal Society Rundgren, Todd Russia doveryai, no proveryai foxes, domestication of Macchiarini affair (2015–16) plagiarism in salami slicing same-sex marriage sample size sampling errors Sanna, Lawrence Sasai, Yoshiki saturated fats Saturn Saudi Arabia schizophrenia Schoenfeld, Jonathan Schön, Jan Hendrik School Psychology International Schopenhauer, Arthur Science acceptance rate Arnold affair (2020) arsenic life affair (2010) cash-for-publication and Hwang affair (2005) impact factor LaCour affair (2014–15) language in Macbeth effect study (2006) Open Access and pre-registration investigation (2020) replication research Schön affair (2002) Stapel affair (2011) toxoplasma gondii scandal (1961) Science Europe Science Media Centre scientific journals, see journals scientific papers, see papers Scientific World Journal, The Scotland Scottish Socialist Party screen time self-citation self-correction self-plagiarism self-sustaining systems Seoul National University SEPT2 Sesame Street sexism sexual selection Shakespeare, William Shanks, David Shansky, Rebecca Simmons, Joseph Simonsohn, Uri Simpsons, The skin grafts Slate Star Codex Sloan-Kettering Cancer Institute Smaldino, Paul Smeesters, Dirk Smith, Richard Snuppy social media South Korea Southern blot Southern, Edwin Soviet Union space science special relativity specification-curve analysis speed-accuracy trade-off Spies, Jeffrey spin Springer Srivastava, Sanjay Stalin, Joseph Stanford University Dweck’s mindset concept file-drawer project (2014) Prison Experiment (1971) Schön affair (2002) STAP (Stimulus-Triggered Acquisition of Pluripotency) Stapel, Diederik statcheck statistical flukes statistical power statistical significance statistical tests Status Quo stem cells Stephen VI, Pope stereotype threat Sternberg, Robert strokes subscription fees Summerlin, William Sweden Swift, Jonathan Swiss Federal Institute of Technology Sydney Morning Herald Symphony of Sorrowful Songs (Górecki) t-tests Taiwan taps-aff.co.uk tax policies team science TED (Technology, Entertainment, and Design) Texas sharpshooter analogy Thatcher, Margaret theory of special relativity Thinking, Fast and Slow (Kahneman) Thomson Reuters Tilburg University Titan totalitarianism toxoplasma gondii trachea translational research transparency Tribeca Film Festival triplepay system Trump, Donald trust in science ‘trust, but verify’ Tumor Biology Turkey Tuulik, Julia Twitter typos UK Reproducibility Network Ulysses pact United Kingdom austerity cash-for-publication schemes image duplication in multiverse analysis study (2019) National Institute for Health Research pre-registration in Royal Society submarines trust in science university ranks in Wakefield affair (1998–2010) United States Arnold affair (2020) arsenic life affair (2010) austerity Bargh’s priming study (1996) Bem’s precognition studies California wildfires (2017) Carney and Cuddy’s power posing studies Center for Nutrition Policy and Promotion climate science in creationism in Das affair (2012) De Vries’ drug study (2018) Department of Agriculture Dweck’s mindset concept Fryer’s police brutality study (2016) image duplication in Kahneman’s priming studies LaCour affair (2014–15) Morton’s skull studies Office for Research Integrity Poehlman affair (2006) pre-registration in public domain laws Reuben affair (2009) Stanford Prison Experiment Summerlin affair (1974) tenure Walker’s sleep studies Wansink affair (2016) universalism universities cash-for-publication schemes fraud and subscription fees and team science University College London University of British Columbia University of California Berkeley Los Angeles University of Connecticut University of East Anglia University of Edinburgh University of Hertfordshire University of London University of Pennsylvania unsaturated fats unwarranted advice vaccines Vamplew, Peter Vanity Fair Vatican Vaxxed Viagra vibration-of-effects analysis virology Wakefield, Andrew Walker, Matthew Wansink, Brian Washington Post weasel wording Weisberg, Michael Wellcome Trust western blots Westfall, Jake ‘Why Most Published Research Findings Are False’ (Ioannidis) Why We Sleep (Walker) Wiley Wiseman, Richard Wolfe-Simon, Felisa World as Will and Presentation, The (Schopenhauer) World Health Organisation (WHO) Yale University Yarkoni, Tal Yes Men Yezhov, Nikolai Z-tests Ziliak, Stephen Zimbardo, Philip Zola, Émile About the Author Stuart Ritchie is a lecturer in the Social, Genetic and Developmental Psychiatry Centre at King’s College London.


The Ages of Globalization by Jeffrey D. Sachs

Admiral Zheng, AlphaGo, Big Tech, biodiversity loss, British Empire, Cape to Cairo, circular economy, classic study, colonial rule, Columbian Exchange, Commentariolus, coronavirus, cotton gin, COVID-19, cuban missile crisis, decarbonisation, DeepMind, demographic transition, Deng Xiaoping, domestication of the camel, Donald Trump, en.wikipedia.org, endogenous growth, European colonialism, general purpose technology, global supply chain, Great Leap Forward, greed is good, income per capita, invention of agriculture, invention of gunpowder, invention of movable type, invention of the steam engine, invisible hand, Isaac Newton, James Watt: steam engine, job automation, John von Neumann, joint-stock company, lockdown, Louis Pasteur, low skilled workers, mass immigration, Nikolai Kondratiev, ocean acidification, out of africa, packet switching, Pax Mongolica, precision agriculture, profit maximization, profit motive, purchasing power parity, rewilding, South China Sea, spinning jenny, Suez canal 1869, systems thinking, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, The Wealth of Nations by Adam Smith, trade route, transatlantic slave trade, Turing machine, Turing test, urban planning, warehouse robotics, Watson beat the top human players on Jeopardy!, wikimedia commons, zoonotic diseases

I delight in having visited these places as well, and have enjoyed their rich cultures and great natural beauty. I have learned from such visits and my work that human kindness, our aspirations for our children, and our enjoyments of life are common to all humanity, no matter how diverse our backgrounds and our material conditions. The new coronavirus reminds us yet again that the benefits of global trade and travel have always been accompanied by the global spread of disease and other ills. In this book, I will discuss how Adam Smith, the father of modern economics, viewed the voyages of discovery of Christopher Columbus and Vasco da Gama. He wrote that the discoveries of the sea routes from Europe to the Americas and to Asia were the most important events of human history, because they linked all parts of the world in a web of transport and commerce, with vast potential benefits.

This “Columbian Exchange” united the world in trade while dividing the world in new kinds of inequalities of wealth and power. The excess mortality of Native Americans caused by Old World diseases was devastating. The native populations were “naïve” to the Old World pathogens, and hence unprotected immunologically. In the same way, the world population today is immunologically naïve, and hence vulnerable, to the new coronavirus sweeping the planet. It is highly likely, thank goodness, that the illnesses and deaths caused by COVID-19 will be far less severe than the epidemics that ravaged Native American societies in the sixteenth century. Nonetheless, the current pandemic will influence global politics and society as other diseases have in the past.


pages: 297 words: 84,447

The Star Builders: Nuclear Fusion and the Race to Power the Planet by Arthur Turrell

Albert Einstein, Arthur Eddington, autonomous vehicles, Boeing 747, Boris Johnson, carbon tax, coronavirus, COVID-19, data science, decarbonisation, deep learning, Donald Trump, Eddington experiment, energy security, energy transition, Ernest Rutherford, Extinction Rebellion, green new deal, Greta Thunberg, Higgs boson, Intergovernmental Panel on Climate Change (IPCC), ITER tokamak, Jeff Bezos, Kickstarter, Large Hadron Collider, lockdown, New Journalism, nuclear winter, Peter Thiel, planetary scale, precautionary principle, Project Plowshare, Silicon Valley, social distancing, sovereign wealth fund, statistical model, Stephen Hawking, Steve Bannon, TED Talk, The Rise and Fall of American Growth, Tunguska event

Sibylle steadily ascended the ranks, becoming head of theory (a position for which seriously strong mathematical ability is required), then a director, and finally, in 2011, the scientific director. “I saw how important good management is and how much it takes to secure a sufficient budget,” she tells me digitally as we cope with a coronavirus-induced lockdown. “By being the director I have many opportunities to influence our big projects and I can change those things I only complained about earlier.” Although she describes herself as a very impatient person, Sibylle is understated; the consummate professional scientist giving both sides of the argument and being honest about any limitations.

The liquid lithium will absorb the neutrons, making precious tritium that can be used as fuel. Heat energy carried by the neutrons that gets into the lithium will be exchanged into another medium like water. Ultimately, the water will be turned to steam to drive a turbine. The whole process will repeat somewhere between every five or every forty seconds. Before coronavirus struck, First Light Fusion had a plan to perform a net-energy-gain experiment by 2024, and they say they’re about to reach the temperatures where fusion reactions first become detectable. But what both Gianluca and Nick are keen to stress is that they’re not in the net-energy-gain business: they’re in the power business.4 “It’s the world’s largest problem,” Nick tells me, referring to achieving fusion.


pages: 523 words: 154,042

Fancy Bear Goes Phishing: The Dark History of the Information Age, in Five Extraordinary Hacks by Scott J. Shapiro

3D printing, 4chan, active measures, address space layout randomization, air gap, Airbnb, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, availability heuristic, Bernie Sanders, bitcoin, blockchain, borderless world, Brian Krebs, business logic, call centre, carbon tax, Cass Sunstein, cellular automata, cloud computing, cognitive dissonance, commoditize, Compatible Time-Sharing System, Computing Machinery and Intelligence, coronavirus, COVID-19, CRISPR, cryptocurrency, cyber-physical system, Daniel Kahneman / Amos Tversky, Debian, Dennis Ritchie, disinformation, Donald Trump, double helix, Dr. Strangelove, dumpster diving, Edward Snowden, en.wikipedia.org, Evgeny Morozov, evil maid attack, facts on the ground, false flag, feminist movement, Gabriella Coleman, gig economy, Hacker News, independent contractor, information security, Internet Archive, Internet of things, invisible hand, John Markoff, John von Neumann, Julian Assange, Ken Thompson, Larry Ellison, Laura Poitras, Linda problem, loss aversion, macro virus, Marc Andreessen, Mark Zuckerberg, Menlo Park, meta-analysis, Minecraft, Morris worm, Multics, PalmPilot, Paul Graham, pirate software, pre–internet, QWERTY keyboard, Ralph Nader, RAND corporation, ransomware, Reflections on Trusting Trust, Richard Stallman, Richard Thaler, Ronald Reagan, Satoshi Nakamoto, security theater, Shoshana Zuboff, side hustle, Silicon Valley, Skype, SoftBank, SQL injection, Steve Ballmer, Steve Jobs, Steven Levy, Stuxnet, supply-chain attack, surveillance capitalism, systems thinking, TaskRabbit, tech billionaire, tech worker, technological solutionism, the Cathedral and the Bazaar, the new new thing, the payments system, Turing machine, Turing test, Unsafe at Any Speed, vertical integration, Von Neumann architecture, Wargames Reagan, WarGames: Global Thermonuclear War, Wayback Machine, web application, WikiLeaks, winner-take-all economy, young professional, zero day, éminence grise

he had two more to go: Transcript, Case 1:14-cr-10162-MLW. Bill Barr announced: Attorney General William Barr, “Memorandum for the Director of Bureau Prisons,” March 26, 2020, https://www.bop.gov/coronavirus/docs/bop_memo_home_confinement.pdf; Ian MacDougall, “Bill Barr Promised to Release Prisoners Threatened by Coronavirus—Even as the Feds Secretly Made It Harder for Them to Get Out,” ProPublica, May 26, 2020, https://www.propublica.org/article/bill-barr-promised-to-release-prisoners-threatened-by-coronavirus-even-as-the-feds-secretly-made-it-harder-for-them-to-get-out. managed to contact him: Second interview with CL. to grant him access: US v.


pages: 304 words: 90,084

Net Zero: How We Stop Causing Climate Change by Dieter Helm

3D printing, autonomous vehicles, Berlin Wall, biodiversity loss, blockchain, Boris Johnson, carbon credits, carbon footprint, carbon tax, clean water, congestion charging, coronavirus, COVID-19, CRISPR, decarbonisation, deindustrialization, demand response, Deng Xiaoping, Donald Trump, electricity market, Extinction Rebellion, fixed income, food miles, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, Great Leap Forward, green new deal, Greta Thunberg, Haber-Bosch Process, high-speed rail, hydrogen economy, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jevons paradox, lockdown, market design, means of production, microplastics / micro fibres, North Sea oil, ocean acidification, off grid, off-the-grid, oil shale / tar sands, oil shock, peak oil, planetary scale, precautionary principle, price mechanism, quantitative easing, remote working, reshoring, rewilding, Ronald Reagan, smart meter, South China Sea, sovereign wealth fund, statistical model, systems thinking, Thomas Malthus

The predictions of the peak-oilers have turned out to be nonsense, the price of oil (and gas) has fallen back and, whatever their advocates claim, renewables are not yet subsidy-free once all the costs have been taken into account. What I had not anticipated was that no serious progress would yet have been made on the fundamental problem, and that the concentration of carbon in the atmosphere would still just keep on going ever upwards, without so much as a blip, and, if anything, slightly accelerate. Only the Covid-19 coronavirus pandemic has made a difference, and this is likely to be temporary. When set against the enormity of the consequences of climate change, the only rational response is anger. If this failure to achieve anything much in the last 30 years had been the consequence of not trying, it would be bad but at least understandable.

acid rain 25, 194 Africa xiv, xv, 2, 25, 30, 38, 44, 45, 47, 48, 51, 137, 229 agriculture 2, 6, 12, 13, 14, 23, 35–6, 43, 44–5, 70, 76, 86, 87–8, 95, 100, 102, 109, 116, 146–7, 149, 159, 163–80, 181, 183, 192, 197, 198, 206, 220 baseline, the 164–8 biodiversity loss and 2, 5, 100, 164, 165, 168, 169, 171, 172, 174, 180 biofuels and 197–8 carbon emissions and 2, 12, 13, 35–6, 76–7, 146–7, 163–80 carbon price and 167–70, 171, 172, 173, 180 China and 28–9, 35, 45, 180 economics of 76, 165, 166–7, 171, 174 electricity and 13, 166, 168, 174, 178, 180 fertiliser use see fertiliser lobby 14, 110, 164, 165, 169, 170, 197 methane emissions 23, 84, 177, 178, 179 net gain and 172–4 net value of UK 76, 166 new technologies/indoor farming 87–8, 174–9, 180, 213 peat bogs and 2, 179 pesticide use see pesticides petrochemicals and 166 polluter-pays principle and 76, 168–70, 172, 173 pollution 36, 86, 163, 165–6, 168–70, 172, 173, 177–8, 230 public goods, agricultural 170–4, 180 sequestering carbon and 12, 95, 163, 166, 168, 169, 170, 171, 172, 173–4, 177, 179, 180 soils and 2, 146, 163, 164, 165, 166, 168, 169, 171, 172, 175, 179 subsidies 14, 76, 102, 109, 116, 164, 165, 166, 167, 169, 170, 172, 180, 228 25 Year Plan and 179–80 Agriculture Bill (2018), UK 170 air conditioning 135–6, 224, 233 air quality xiii, 13, 25, 46, 52, 61, 70, 135, 153, 177, 180, 201, 216, 230, 232 air transport 3–4, 6, 11, 13, 22, 50, 53, 73, 87, 88, 92, 107, 125, 128, 129, 132, 133, 134, 149, 156–7, 186, 195, 201, 203–5 aluminium 7, 117 Amazon rainforest 2, 34, 35, 95, 145, 149–50, 151, 155, 229, 230 ammonia 35, 137, 191 anaerobic digesters 35, 165, 230 animal welfare 167, 177 antibiotics 93, 165, 174 Arctic 26, 46, 114, 178 artificial intelligence (AI) 32, 175, 220, 231 autonomous vehicles 13, 129, 132, 175, 189–90, 231 Balkans 137–8 Bank of England 121 batteries 6, 31, 131, 135, 141, 183, 184, 185–90, 191, 199, 204, 213, 214, 219, 220, 221, 225, 231 beef 5, 95, 116, 117, 167, 230 Berlin, Isaiah 104 big 5 polluter products 117–18, 120 bin Salman, Mohammad 27 biocrops 36 biodiversity xiv, 2, 5, 12, 13, 28, 35, 51, 76, 94, 100, 148, 149, 152, 153, 158, 159, 164, 165, 168, 169–70, 171, 172, 174, 180, 227, 233 bioenergy 31, 34–5, 36 biofuels 21, 35, 49, 50, 67, 70, 95, 135, 183, 184, 197–8, 210, 230 biomass 32, 34, 49, 50, 67, 69, 109, 146, 147, 151, 210, 217 bonds, government 220 BP 27, 149, 187, 199 Deepwater Horizon disaster, Gulf of Mexico (2010) 147 Brazil 2, 35, 38, 44–5, 47, 95, 145, 149–50, 155, 198 Brexit 42, 47, 56, 117, 165 British Gas 102, 139 British Steel x, 194 broadband networks 6, 11, 90, 92, 125, 126, 127–8, 130–1, 132–3, 135, 140–1, 199, 201, 202, 205, 211, 214, 231, 232 Brundtland Commission 45 BT 127–8, 141 Openreach 214 Burn Out (Helm) ix, xiv Bush, George W. 36, 48, 53, 103 business rates 76, 165 Canada 52, 191, 193 capitalist model 26, 42, 99, 227 carbon border tax/carbon border adjustment xii, 11, 13, 60, 80, 115–20, 194–6, 204 carbon capture and storage (CCS) xiv, 12, 75–6, 95, 109, 146, 147–8, 149, 154, 159, 203–4, 207, 209, 222, 223 Carbon Crunch, The (Helm) ix, xiv, 221 carbon diary 4–5, 8, 10, 11, 64–6, 83, 86, 116, 143, 144, 155, 156, 167, 180, 181, 185, 203, 205 carbon emissions: agriculture and see agriculture by country (2015) 30 during ice ages and warm periods for the past 800,000 years 21 economy and 81–159 electricity and see electricity global annual mean concentration of CO2 (ppm) 19 global average long-term concentration of CO2 (ppm) 20 measuring 43–6 since 1990 1–14, 17–37 transport and see individual method of transport 2020, position in 36–7 UN treaties and 38–57 unilateralism and 58–80 see also unilateralism carbon offsetting xiii–xiv, 4, 5, 12, 34, 45, 72, 74, 79, 94–6, 97, 105, 143–59, 192, 201, 203, 207, 214, 222, 223, 234 for companies 148–50 for countries 151–5 for individuals 155–7 markets 71–2, 110–13, 117, 144, 157–9, 208 travel and 156, 201–3 see also sequestration carbon permits 71–2, 79, 110–13, 117, 144, 208 carbon price/tax xii, xiii, xv, 8, 11, 12, 13, 26, 60, 61, 71, 72, 77, 79, 80, 84, 85–6, 102–3, 105, 106–24, 134, 143, 146, 147, 150, 151–4, 157, 159, 192, 197, 198, 199, 203, 227–30, 232, 234 agriculture and 167, 168, 169–70, 171, 173, 180 domain of the tax/carbon border adjustment xii, 11, 13, 60, 80, 115–20, 121, 124, 192, 194–6, 197, 204, 227 electric pollution and 216–18 ethics of 107–10 floor price 115, 117, 208 for imports 11, 13 prices or quantities/EU ETS versus carbon taxes 110–13 setting 113–15 transport and 192–9 what to do with the money 121–4 where to levy the tax 119–20 who fixes the price 120–1 carbon sinks 2, 5, 166, 169, 203 carboniferous age 34 cars 1, 3, 4, 7, 20, 22, 36, 44, 70, 73, 114, 129, 181, 182, 183, 184–5, 190, 191, 193, 196, 197, 198, 199 see also electric vehicles cartels 39, 40, 43, 45, 46, 47, 56 cattle farming 35, 36, 95, 150, 166, 167, 173, 177, 198 Central Electricity Generating Board (CEGB) 102, 139, 218 cement 6, 7, 26, 29, 34, 87, 117, 171 charging networks, electric vehicle 91, 129–30, 141–2, 184, 185–90, 199, 200, 202, 219 Chernobyl 78 China xi, xv, 1–2, 5, 8, 18, 42, 46, 47, 48, 64, 66, 74, 101, 180, 229 Belt and Road Initiative 28, 45 coal use 1–2, 8, 23–4, 24, 28, 31, 38, 117, 154, 206, 208 Communist Party 2, 27, 42, 46 demand for fossil fuels/carbon emissions 1–2, 8, 18, 20, 22, 23–4, 24, 25, 27–31, 36, 38, 51, 73, 117, 154, 206, 208 export market x–xi, 5, 9, 64, 66, 117, 155, 194 fertiliser use 35 GDP xv, 27, 29 nationalism and 42 petrochemical demand 22 renewables companies 9, 32, 73, 74, 77, 79 Tiananmen Square 42 unilateralism and 58, 59 UN treaties and 46, 47, 48, 53, 54, 55, 58, 59 US trade war 56, 118 Churchill, Winston 183 citizen assemblies 99–101 climate change: carbon emissions and see carbon emissions 1.5° target 38, 57 2° target 1, 10, 22–3, 28, 30, 38, 39, 45, 47, 54, 55, 57, 108, 122, 155, 206 see also individual area of climate change Climate Change Act (2008) 66, 74–7 Clinton, Bill 40, 48 Club of Rome 98 coal 1–2, 5, 8, 13, 20, 23–5, 28, 29, 30, 31, 32, 34, 36, 38, 50, 52, 53, 60–1, 67, 72, 77, 78–9, 101, 109, 112, 116, 117, 119, 134, 136, 145, 147, 148, 151, 154, 155, 182, 183, 194, 196, 206–9, 210, 212, 214, 216, 217, 218, 229, 230 coastal marshes 146, 159 colonialism 45 Committee on Climate Change (CCC), UK x–xi, 7, 74–5, 120, 164, 166, 169, 217, 235 ‘Net Zero: The UK’s Contribution to Stopping Global Warming’ report x–xi conference/video calls 6, 129, 156, 202, 205 Conference of the Parties (COP) xii, 10, 48, 50, 53–4, 55, 59, 205 congestion charges 198 Copenhagen Accord 48, 53–4, 59 Coronavirus see Covid-19 cost-benefit analysis (CBA) 71, 108, 110, 114, 138 cost of living 116 Covid-19 x, xi–xii, 1, 3, 6, 9, 18, 19, 22, 25, 27, 30, 37, 44, 46, 50, 57, 65, 69, 80, 89, 93, 129, 135, 148, 171, 201, 202, 204, 232 CRISPR 176 crop yields 172, 177 dams 2, 36, 52–3, 179 DDT (Dichlorodiphenyltrichloroethane) 100 deforestation 2, 5, 34, 35, 36, 38, 43, 44, 47, 55, 87, 95, 145, 146, 149–50, 155, 172–3, 179, 197–8, 229 Defra (Department for Environment, Food and Rural Affairs) 170 deindustrialisation x, 29, 46, 52, 54, 59, 72–4, 218 Deng Xiaoping 27 Denmark 69–70, 136–7 desalination 135–6, 179 diesel 4, 20–1, 70, 76, 86, 109, 119, 121, 129, 132, 164, 165, 166, 174, 175, 178, 179, 181, 182, 185, 186, 191, 192, 196–7, 208, 217, 230 ‘dieselgate’ scandal 196–7 digitalisation 1, 8, 11, 13, 33, 92, 117, 136, 174, 175, 180, 206, 211, 215, 221, 228–9, 231 DONG 69 Drax 147, 151, 154, 218 economy, net zero 10–12, 81–159 delivering a 96–103 intergenerational equity and 96–7 markets and 103–5 net environmental gain see net environmental gain political ideologies and 98–101 polluter-pays principle see polluter-pays principle public goods, provision of see public goods, provision of technological change and 98 EDF 139, 218 Ehrlich, Paul 98 electricity 1–2, 4, 6, 11, 12, 13, 23, 31, 32, 49, 53, 61, 65, 66, 68, 70, 73, 77, 78, 79, 91, 92, 101, 102, 109, 117, 125, 127, 128, 129–30, 131–2, 134, 135, 136, 137, 139, 140, 141, 149, 158, 166, 168, 174, 178, 180, 182, 183, 228, 229, 231, 232, 234, 235 coal, getting out of 206–7 electric pollution and the carbon price 216–18 electric vehicles 4, 6, 13, 20, 23, 49, 61, 91, 92, 94, 121, 125, 128, 129–30, 131–2, 134, 141, 183–92, 193, 194, 197, 200, 201, 202, 206, 219, 228 equivalent firm power auctions and system operators 210–16 future of 206–25 gas, how to get out of 207–9 infrastructure, electric 185–90, 218–20 low-carbon options post-coal and gas 209–10 net gain and our consumption 222–5 R&D and next-generation renewables 220–2 renewable see renewables Energy Market Reform (EMR) 219 equivalent firm power (EFP) 212–16, 217, 220 ethanol 35, 71, 95, 197 eucalyptus trees xiv, 152 European Commission 60, 71, 72, 112 European Union (EU) xiv, 2, 7, 8, 9, 37, 42, 44, 46, 47, 117, 137, 165, 166, 197; baseline of 1990 and 51–2 Common Agricultural Policy (CAP) 76, 165 competition regime and customs union 56 deindustrialisation and 46, 52, 54, 59, 72–4 directives for 2030 66 Emissions Trading System (EU ETS) 71–2, 73, 79, 110–13, 117, 144, 208 importing carbon emissions 59 Internal Energy Market (IEM) 68, 71 Kyoto and 9, 51, 59, 66–7 Mercosur Agreement 44, 95 net zero target for 2050 66, 115, 143, 155, 167, 180 Paris and 54 Renewable Energy Directive 68–71, 73, 109 2020 targets signed into law 66 2020–20–20 targets 67, 69, 74 unilateralism and 59, 66–71, 80 Eurostar 133 externalities 104, 170, 180, 196 Extinction Rebellion 6 farmers 14, 26, 35, 36, 43, 71, 76, 86, 95, 102, 109, 110, 146–7, 164, 165, 166, 169, 170, 174, 175, 196, 197, 198 fertiliser 4, 6, 7, 26, 29, 35, 61, 73, 86, 87, 116, 117, 119, 163, 165, 169, 174, 175, 178, 179, 191, 194, 197 fibre/broadband networks 6, 11, 90, 92, 125, 126, 127–8, 130–1, 132–3, 135, 140–1, 201, 202, 205, 211, 214, 231, 232 financial crisis (2007/8) 1, 19, 69 first-mover advantage 75 First Utility 199 flooding 13, 77, 149, 152, 153, 159, 170, 233 food miles 167 food security 170–1 food waste 178, 180, 231 Forestry Commission xiv Formula One 186, 196 fossil fuels, golden age of 20–5 see also individual fossil fuel France 46, 47, 52, 56, 73, 78, 101, 113, 130, 136, 138 free-rider problem 39–40, 43, 62–4, 106, 119 fuel duty 121, 195–6 fuel efficiency 197 fuel prices 26, 112–13, 209 fuel use declaration 195 Fukushima Daiichi nuclear disaster (2011) 52, 78 Fukuyama, Francis: The End of History and the Last Man 40–1 gardens 6, 43, 143, 156 gas, natural ix, 2, 5, 8, 20, 23, 24, 25, 26, 29, 31, 32, 36, 50, 52, 68, 69, 79, 102, 109, 117, 119, 129, 136, 137, 146, 147–8, 149, 183, 190, 193, 194, 207–9, 210, 211, 214, 216–17 G8 47 gene editing 172, 176, 231 general election (2019) 121 genetics 98, 172, 174–6, 231 geoengineering 177 geothermal power 137, 178 Germany 9, 30, 47, 52, 59, 60, 62, 66, 67, 69, 70, 71, 72, 73, 75, 77–80, 83, 91, 101, 112, 136, 137, 138, 144, 206, 208, 209 Energiewende (planned transition to a low-carbon, nuclear-free economy) 59, 69, 77–80, 112, 144, 208 Gilets Jaunes 101, 113 GMOs (genetically modified organisms) 176, 177 Great Northern Forest, Britain 151 Green and Prosperous Land (Helm) xiii, xiv, 165, 169, 234 greenbelt 173 greenhouse effect 17 green new deal 90, 102, 234 green parties/green votes 69, 77, 78 green QE (quantitative easing) 102–3 green walls 153, 231 greenwash 156 gross domestic product (GDP) xii, xv, 1, 25, 27, 29, 41, 57, 59, 73, 76, 83, 93, 98, 103, 133, 165, 207, 227, 229, 233 growth nodes 133 G7 47 G20 47 Haber-Bosch process 35, 163 Hamilton, Lewis 186 ‘hands-free’ fields 175 Harry, Prince 6 Heathrow 133, 134 hedgerow 76, 166, 167, 172 Helm Review (‘The Cost of Energy Review’) (2017) ix, 120, 141, 200, 210, 212, 215, 217, 220, 238 herbicide 163 home insulation 102 House of Lords 170 housing 101, 223–4 HS2 92, 125, 132–4, 138, 202 Hume, David 49 hydrogen 13, 49, 92, 125, 128, 135, 137, 183, 184, 190–2, 199, 200, 204, 206, 213, 228 hydro power 31, 35, 36, 50, 52–3, 70, 136, 137, 191 Iceland 137, 178 imports x–xi, xiii, 5, 8, 10, 11, 12, 13, 62, 68, 70, 117–18, 155, 167, 178, 173, 180, 196, 227 income effect 72, 111 income tax 121, 122, 232 India xiv, xv, 25, 30, 31, 38, 43, 44, 47, 48, 51, 54, 55, 57, 154, 229 individuals, net zero for 155–7 Indonesia 2, 35 indoor farming 87–8, 177–8, 180, 213 indoor pollutants 223, 232 Industrial Revolution 1, 18, 19, 25, 47, 116, 145 INEOS Grangemouth petrochemical plant xi information and communications technology (ICT) 117, 202, 231 infrastructures, low-carbon xiii, xiv, 11–12, 14, 28, 60, 62, 65, 66, 90, 91–4, 96, 105, 109, 123, 125–42, 143, 147, 151, 154, 159, 171, 184, 186, 187, 190, 199–200, 214, 218–20, 228, 230, 231–2, 234–5 centrality of infrastructure networks 128–30 electric 125–41, 218–20 making it happen 141–2 net zero national infrastructure plan 130–6 private markets and 125–8, 141–2 regional and global infrastructure plan 136–7 state intervention and 126, 127–8, 141–2 system operators and implementing the plans 138–41 inheritance tax 76, 165 insects 164, 177, 231 insulation 102, 224 Integrated Assessment Models 114 intellectual property (IP) 75 Intergovernmental Panel on Climate Change (IPCC) 17–18, 47, 55, 57, 108, 172 internal combustion engine 13, 22, 181–2, 183, 184, 200, 221, 228 Internal Energy Market (IEM) 68, 71, 138 International Energy Agency (IEA) 25, 207 International Monetary Fund (IMF) 51 internet banking 131, 213 internet-of-things 128, 175 Iran 27, 42, 113, 137 Iraq 56, 192 Ireland 43, 157 Italy 137, 182 Japan 27, 28, 30, 52, 73, 78, 101, 185 Jevons Paradox 224 Johnson, Boris 89–90 Kant, Immanuel 104 Keynes, John Maynard 89, 102, 103, 105 Kyoto Protocol (1997) xii, 2, 7, 9, 13, 17–18, 37, 38, 39, 40–1, 47–8, 49, 51, 52–3, 59, 66–7, 119 laissez-faire 104, 138, 188 land use 35, 61, 95, 172, 237 LED (light-emitting diode) lighting 87, 178, 179, 180, 213 liquefied natural gas (LNG) 136, 183 lithium-ion battery 185 lobbying 10, 14, 33, 69, 71, 109, 110, 111–12, 115, 121, 157, 169, 170, 187, 197, 209, 223, 227, 228 location-specific taxes 194 maize 35, 165, 197 Malaysia 2, 229 Malthus, Thomas 98 Mao, Chairman 27, 42 meat xi, 65, 164, 177, 180, 232 Mekong River 2, 28, 179, 229 Mercosur Agreement 44, 95 Merkel, Angela 78 methane 4, 23, 84, 177, 178, 179, 216 microplastics 22 miracle solution 49–50, 55, 209 mobile phone 5, 125, 185 National Farmers’ Union (NFU) 110, 164, 165, 169, 170, 171 National Grid 139, 141, 189, 200, 211, 214, 219 nationalisations 101–2, 126–7 nationalism 41, 43, 55, 56, 138 nationally determined contributions (NDCs) 54–5 natural capital xiii, 14, 33–6, 51, 85, 86, 88, 90, 94, 97, 154, 158, 168, 171, 173–4, 236 Nature Fund 123, 169, 234 net environmental gain principle xiii, xiv, 10, 12, 62, 84, 94–6, 105, 143–59, 169, 172–4, 192, 201–3, 222–5 agriculture and 169, 172–4 carbon offsetting and see carbon offsetting electricity and 222–5 principle of 94–6, 143–4 sequestration and see sequestration transport and 192, 201–3 Netherlands 138 Network Rail 214 net zero agriculture and see agriculture defined x–xv, 3–14 economy 10–12, 81–159 see also economy, net zero electricity and see electricity transport and see individual method of transport 2025 or 2030 target 89 2050 target x, xi, 5, 59, 66, 74, 75, 115, 120, 135, 143, 155, 167, 169, 180, 184, 216, 217, 222, 226, 230, 231, 232 unilateralism and see unilateralism NHS 65 non-excludable 91, 93, 126, 170 non-rivalry 91, 93, 126, 170 North Korea 42 North Sea oil/gas 9, 40, 75, 97, 102, 137, 139, 147, 148, 193 Norway 130, 137, 191 nuclear power 5, 9, 12, 18, 23, 52, 60, 73, 77–9, 109, 125, 128, 129, 136, 140, 178, 194, 199, 206, 207, 208, 209–10, 212, 214, 216, 218, 219, 222, 228 Obama, Barack 48, 53, 54, 59 oceans 2, 14, 22, 33, 85, 86, 88, 148, 163, 231 offsetting see carbon offsetting offshore wind power 31, 69, 75–6, 208, 212, 219, 221 Ofgem 220 oil ix, 2, 20, 22–3, 25, 26, 27, 31, 32, 33, 36, 39, 40, 50, 67, 69, 86, 97, 117, 119, 129, 136, 137, 146, 147, 148–9, 150–1, 152, 181–3, 184, 185, 187, 189, 190, 192–4, 196, 197, 199, 206, 209, 210, 216–17, 229 OPEC 39, 40, 193 Orbán, Viktor 41, 42 organic food 61, 87, 178 Ørsted 70 palm oil 2, 5, 6, 35, 36, 66, 71, 167, 173, 197–8, 230 pandemic see Covid-19 Paris Climate Change Agreement (2015) xii, 2, 10, 13, 18, 30, 37, 38, 39, 48, 49, 54–5, 56, 57, 58, 66, 80, 105, 106, 118, 119, 227 peat bogs xiv, 2, 13, 14, 33, 35, 36, 43, 109, 146, 169, 179 pesticides 4, 26, 61, 163, 165, 169, 174, 178, 231 petrochemicals xi, 7, 8, 20, 22–3, 29, 73, 80, 86, 117, 166, 182 petrol 4, 86, 119, 121, 129, 185, 186, 187, 191, 192, 199 photosynthesis 34, 197 plastics 1, 22, 28, 35, 43, 66, 86, 87, 119, 143, 166, 184, 231 polluter-pays principle xiii, xv, 84–90 agriculture and 76, 168–70, 172, 173 carbon price and see carbon price/tax generalised across all sources of pollution 86 identifying polluters that should pay 86 importance of 10–11, 13, 61, 62, 65 intergenerational balance and 96–7 net environmental gain and 94 sequestration and see sequestration, carbon sustainable economy and 96–7, 105, 106 transport and 192–5, 198–9 see also individual type of pollution population growth 93, 97, 177, 178, 179, 232 privatisation 127, 140, 218–19, 220 property developers 94 public goods, provision of xiii, 10, 11–12, 62, 75, 84, 90–4, 96, 104, 105, 109, 122, 123, 126, 128, 141, 147, 151, 153, 159, 164, 168, 173–4, 180, 192, 199–200, 202, 218, 229, 230 agricultural 170–4, 180 low-carbon infrastructures see infrastructures, low-carbon research and development (R&D) see research and development (R&D) Putin, Vladimir 27, 41, 42, 89 railways 11, 13, 13, 87, 91, 92, 94, 125, 128, 129, 130, 131, 132–3, 138, 139, 156, 182, 183, 187, 202, 212, 214, 232 rainforest 2, 5, 34, 35, 36, 38, 44, 47, 55, 87, 95, 145, 149, 155, 173, 179–80, 197, 229 rationalism 40–1 Reagan, Ronald 103 red diesel 76, 109, 164, 165, 196 regulated asset base (RAB) 127, 141, 215, 220 remote working 128, 156, 201–2, 205 renewables ix, 6, 8, 9–10, 18, 19, 21, 26, 31–5, 36, 49, 50, 55, 61, 67, 72, 77, 79, 85, 86, 109, 110, 112, 123, 125, 128, 131, 135, 138, 140, 144, 149, 178, 188, 191, 194, 197, 199, 207, 209–10, 211, 212, 213, 214, 215, 216, 217, 219, 220–2, 224, 228 Chinese domination of market 9, 32, 73, 74, 77, 79 cost-competitiveness of 9–10, 49, 51, 61, 68 failure of, 1990-now 19, 31–3, 36 modern global renewable energy consumption measured in TWh per year 32 miracle solution and 49–51 Renewable Energy Directive 68–71, 73, 109 subsidies ix, 9, 10, 50, 68–9, 71, 79, 80 see also individual renewable energy source Renewables UK 110 research and development (R&D) xiv, 12, 13, 14, 62, 65, 66, 90, 93–4, 104, 109, 123, 165, 172, 192, 200, 218, 220–2, 223, 228, 234 reshoring businesses 8, 204 rivers 2, 22, 28, 86, 128, 152, 165, 169, 179, 214, 230 roads 11, 28, 45, 91, 92, 125, 129, 131–2, 140, 165, 182, 189, 194, 198, 202, 232 robotics 32, 175, 204, 206, 231 Rosneft 26 Royal Navy 183 Russia 26, 27, 30, 40, 42, 44, 45, 46, 47, 48, 50, 52, 55, 56, 192, 193 RWE 139, 218 Ryanair 156–7 rye grass 35 salmon 169, 177 Saudi Arabia 26, 33, 40, 42, 50, 137, 192, 193 Saudi Aramco 26, 50 seashells 34 sequestration, carbon xi, xiv, 12, 61, 66, 85, 90, 95, 143–59, 228, 229, 231, 232 agriculture and 12, 163, 166, 168, 169, 170, 171, 172, 173, 176–7, 179, 180 baseline definition and 146–7 biofuels and 35, 146, 217 carbon capture and storage (CCS) xiv, 12, 75–6, 95, 109, 146, 147–8, 149, 154, 159, 203–4, 207, 209, 222, 223 companies, net zero for 148–51 countries, offsetting for 151–5 electricity and 222, 223 gas and 207 individuals, net zero for xi, xiv, 155–7 markets, offsetting 157–9 natural capital destruction and 2, 19, 33–6, 44, 45, 51 natural sequestration xi, xiii, 2, 7, 12, 14, 33–6, 37, 45, 52, 66, 85, 90, 94–6, 105, 143–59, 163, 168, 171, 173, 176–7, 179, 180, 203, 206, 207, 222, 223 net gain principle and 143–4, 146, 149–50 offsetting principle and 143–5 peat bogs and see peat bogs principle of xi, xiii, 2, 7, 12–13 soils and see soils transport and 185, 190, 203 tree planting and see trees, planting/sequestration and types of 145–8 wetlands/coastal marshes and 146, 159, 233 shale gas 8, 208 Shell 27, 149, 199 shipping 8, 13, 22, 28, 36, 49, 114, 125, 137, 181, 182–3, 191, 194–5, 203–5, 217 Siberia 2, 46 smart appliances 128, 129, 132 smart charging 11, 13, 128, 129, 130, 139, 214, 219 soils xiii, 2, 5, 7, 12, 14, 33, 35, 36, 43, 55, 76, 109, 146, 149, 152, 156, 159, 163, 164, 165, 166, 168, 169, 171, 172, 175, 179, 203, 228 solar panels/solar photovoltaics (PV) 5, 6, 9, 12, 13, 21, 31, 32, 33, 49, 53, 68, 69, 71, 74, 79, 87, 91, 135, 136, 137, 178, 179, 188, 204, 207, 208, 209, 210, 211, 213, 214, 216, 217, 221, 222, 223, 224–5 Sony 185 Soviet Union 18, 40, 52, 67–8, 89 soya 95 Spain 69, 130, 137 sport utility vehicles (SUVs) 106, 121, 192 spruce xiv, 152, 170 standard of living xv, 1, 5, 8, 10, 11, 14, 229, 233 staycations 201 steel x–xi, 6, 7, 8, 26, 28, 29, 53, 66, 73, 80, 87, 116, 117, 118, 119, 171, 184, 194–5 Stern, Nicholas: The Economics of Climate Change 41, 63 subsidies ix, 9, 10, 14, 32, 50, 51, 52, 53, 69, 71, 76, 79, 80, 89, 102, 109, 110, 113, 116, 123, 140, 154, 164, 165, 166, 167, 169, 170, 172, 180, 193, 196, 198, 209, 215, 221, 222, 228, 230 sugar cane 35, 71, 95, 197, 198 sulphur pollution 22, 25, 28, 78, 191, 194, 197, 230 sustainable economic growth xv, 10, 12, 14, 61, 83, 92, 94, 97, 98, 105, 227, 233 Taiwan 42 taxation xii, 11, 62, 71, 72, 76, 80, 87, 89, 90, 91, 92, 97, 101, 102, 103, 106–24, 126, 127, 130, 133, 147, 150, 151–2, 153–4, 157, 159, 165, 169, 170, 192–6, 197, 198, 199, 203, 232, 234 technological change 98, 127, 141, 174–5, 221 Thatcher, Margaret 17 Thompson, Emma 6 3D printing 175, 204 Thunberg, Greta 6, 205 tidal shocks 159 top-down treaty frameworks 13, 38–57, 80, 110, 119 tourism/holidays 6, 22, 36, 88, 94, 107, 114, 128, 156, 201, 204–5 transport, reinventing 181–205 aviation 195, 201, 203–5 see also air transport batteries and charging networks 185–90 biofuels 196–8 electric alternative 183–5 hydrogen and fuel cells 190–2 innovation, R&D and new infrastructures 199–200 internal combustion engine 181–2 net gain and offsets (reducing travel versus buying out your pollution) 201–3 oil 183–4 polluter pays/carbon tax 192–6 shipping 203–5 urban regulation and planning 198–9 vehicle standards 196–8 see also individual type of transport Treasury, UK 120–2 trees, planting/sequestration and xi, xiii, xiv, 2, 7, 13, 14, 33, 34, 45, 76, 85, 94–6, 146, 148, 149–51, 152–3, 155, 156, 157, 158, 159, 168, 169, 172, 179, 203, 231 trophy project syndrome 133 Trump, Donald 2, 8, 41, 42, 48, 89, 99, 103, 121 25 Year Environment Plan xiii, 153, 170, 179–80 UK 47, 69 agriculture and 164, 166, 167, 173 carbon emissions (2015) 30 carbon price and 115, 120 Climate Change Act (2008) 66, 74–7 coal, phasing out of 24–5, 60–1, 77, 208 Committee on Climate Change (CCC) x–xi, 7, 74–6, 120, 164, 166, 169, 217, 235 deindustrialisation and 72–4 80 per cent carbon reduction target by 2050 74 electricity and 206, 208, 218, 219, 224 Helm Review (‘The Cost of Energy Review’) (2017) ix, 120, 141, 200, 210, 212, 215, 217, 220, 238 infrastructure 125, 132–3, 134, 137, 139–40 net zero passed into law (2019) 66 sequestration and 145, 150, 153, 154, 155, 156 transport and 195–6, 197, 198 unilateralism and 58–9, 60–1, 65, 66, 69, 72–7, 80 unilateralism xi, 8, 10, 11, 25, 58–80, 83, 105, 106, 119, 125, 143, 144, 155, 164, 167, 197, 203, 227 in Europe 66–80 incentive problem and 58–60 morality and 62–6 no regrets exemplars and/showcase examples of how decarbonisation can be achieved 60–2 place for 80 way forward and 80, 83 United Nations xi, xii, 6, 10, 17, 37, 38, 118 carbon cartel, ambition to create a 39–40, 43, 45, 46–7, 56 climate treaty processes xi, 6, 10, 13, 17–18, 36, 37, 38–57, 59, 80, 110, 118, 119, 204–5 see also individual treaty name Framework Convention on Climate Change (UNFCCC) 17–18, 36, 38, 59 miracle solution and 50–1 origins and philosophy of 41 Security Council 46, 47, 57 United States 8, 74, 139, 206 agriculture in 175, 176, 197 carbon emissions 8, 29, 30 China and 27–8, 42, 118 coal and 2, 24, 28, 29, 208 economic imperialism 45 energy independence 50 gas and 8, 20, 23, 24, 29, 50, 208 oil production 40, 50, 193 pollution since 1990 29 unilateralism and 58, 59, 74 UN climate treaty process and 38, 40–1, 44, 45, 46, 47, 48, 53, 54, 56 universal service obligations (USOs) 92, 126, 131, 202 utilitarianism 41, 63–4, 108, 110 VAT 117, 119–20, 121, 122, 232 Vesta 69 Volkswagen 196–7 water companies 76, 214, 230 water pollution/quality xiv, 12, 22, 61, 76, 152, 153, 165, 169, 170, 171, 172, 175, 177, 178, 179, 180, 232 Wen Jiabao 53, 59 wetlands 159, 233 wildflower meadow 164, 184 wind power 5, 9, 12, 21, 31, 32, 33, 49, 53, 68, 69–70, 71, 74, 75, 76, 78, 79, 91, 135, 136, 137, 138, 139, 178, 188, 191, 207, 208, 209, 210, 211, 212, 213, 214–15, 216, 217, 219, 221, 222 wood pellets 67, 217, 230 Woodland Trust 156, 158 World Bank 51 World Trade Organization (WTO) 52, 56, 118 World War I 183 World War II (1939–45) 78, 90, 92, 101, 106, 171 Xi Jinping 27, 41, 42 ACKNOWLEDGEMENTS So much is now discussed, written and published about climate change that it is impossible to keep track of all the ideas and conversations that have influenced my understanding of the subject.


pages: 326 words: 88,968

The Science and Technology of Growing Young: An Insider's Guide to the Breakthroughs That Will Dramatically Extend Our Lifespan . . . And What You Can Do Right Now by Sergey Young

23andMe, 3D printing, Albert Einstein, artificial general intelligence, augmented reality, basic income, Big Tech, bioinformatics, Biosphere 2, brain emulation, caloric restriction, caloric restriction, Charles Lindbergh, classic study, clean water, cloud computing, cognitive bias, computer vision, coronavirus, COVID-19, CRISPR, deep learning, digital twin, diversified portfolio, Doomsday Clock, double helix, Easter island, Elon Musk, en.wikipedia.org, epigenetics, European colonialism, game design, Gavin Belson, George Floyd, global pandemic, hockey-stick growth, impulse control, Internet of things, late capitalism, Law of Accelerating Returns, life extension, lockdown, Lyft, Mark Zuckerberg, meta-analysis, microbiome, microdosing, moral hazard, mouse model, natural language processing, personalized medicine, plant based meat, precision agriculture, radical life extension, Ralph Waldo Emerson, Ray Kurzweil, Richard Feynman, ride hailing / ride sharing, Ronald Reagan, self-driving car, seminal paper, Silicon Valley, stem cell, Steve Jobs, tech billionaire, TED Talk, uber lyft, ultra-processed food, universal basic income, Virgin Galactic, Vision Fund, X Prize

Gene sequencing is already helping us achieve advances in disease diagnostics and personalized medicine, identify the genes associated with longer lifespans, and develop drugs more quickly, cheaply, and effectively. This usefulness was demonstrated most recently during the first weeks of the COVID-19 outbreak. On January 12, 2020, China publicly shared the genetic sequence of the novel coronavirus, just twelve days after Wuhan Municipal Health Commission, China, reported a cluster of cases of pneumonia in Wuhan, Hubei Province. Some ten to fifteen years ago that would have been completely unthinkable. Perhaps the most consequential aspect of gene sequencing as concerns our Longevity Revolution, however, is that it makes all manner of gene engineering possible.

“Yes,” Alex replies, “we’re going to work on the six that we think are the most promising, and release the rest to the global community. We’re closing in on this thing.” The “six” that Alex refers to are six molecular compounds identified at the time as having the most promise to stop the novel coronavirus. Another ninety-four candidates were published on Insilico’s website for other researchers to work on. And it took just three weeks to find all of them. How Insilico did that is a big part of the reason I am so certain we will see multiple longevity drugs emerge within the Near Horizon of Longevity.


pages: 319 words: 89,192

Spooked: The Trump Dossier, Black Cube, and the Rise of Private Spies by Barry Meier

Airbnb, business intelligence, citizen journalism, Citizen Lab, commoditize, coronavirus, corporate raider, COVID-19, digital map, disinformation, Donald Trump, fake news, false flag, forensic accounting, global pandemic, Global Witness, index card, Jeffrey Epstein, Julian Assange, Londongrad, medical malpractice, NSO Group, offshore financial centre, opioid epidemic / opioid crisis, Ponzi scheme, Ronald Reagan, Russian election interference, Silicon Valley, Silicon Valley startup, Skype, SoftBank, sovereign wealth fund, Steve Jobs, WikiLeaks

The law had plenty of exceptions and loopholes—private spies didn’t have to notify their targets, for instance, when they were gathering material for use in litigation or employee disputes. Still, the new rules provided people unfairly targeted by operatives-for-hire with the opportunity to seek recompense. As the Alfa Bank–related lawsuit was starting in March 2020, another development was unfolding—a deadly novel form of coronavirus was spreading around the world. In response to the growing pandemic, parts of the United States and Europe had shut down but Britain was late to do so and the case against Orbis Business Intelligence proceeded. When he took the witness stand, Christopher Steele quickly found himself under attack.

“I agree that one of the points made is false.” Steele never got to complete his testimony in the case. Midway through his second day on the witness stand, he was notified that his wife had been taken to a hospital near their home in Farnham after showing symptoms of COVID-19, the disease caused by the novel coronavirus. He was excused so he could join her and the case was completed without him. Several months later, the judge overseeing the case issued his ruling. He found that Orbis had not violated the Data Protection Act, the law under which the oligarchs had sued. But when it came to the most serious allegation in Steele’s report—the claim that Alfa Bank’s principals had bribed Putin—the judge held that Steele had failed to take reasonable steps to ascertain whether the charge was true.


pages: 297 words: 89,292

2034: A Novel of the Next World War by Elliot Ackerman, James Admiral Stavridis

coronavirus, COVID-19, creative destruction, cuban missile crisis, digital map, loose coupling, mutually assured destruction, South China Sea, sovereign wealth fund, undersea cable

Before Chowdhury could reach any conclusions, Lin Bao was again on the line. “Have you considered our offer?” Chowdhury thought of his own larger questions. Ever since the mid-2020s, when Iran had signed onto the Chinese “Belt and Road” global development initiative to prevent financial collapse after the coronavirus pandemic, they had helped project Chinese economic and military interests; but what was the scope of this seemingly new Sino-Iranian alliance? And who else was a party to it? Chowdhury didn’t have the authority to trade an F-35 for what would seem to be a Chinese spy ship. The president herself would decide whether such a swap was in the offing.

Like a child who can tell whether he is in trouble from the inflection of a parent’s voice, Chowdhury could tell immediately that Wisecarver was upset with him for speaking out of turn in the meeting. Chowdhury began to equivocate, apologizing for his outburst and making assurances that it wouldn’t happen again. More than a decade before, Wisecarver’s young son had perished in the coronavirus pandemic, an event many attributed to Wisecarver’s hawkish political awakening and that made him adept at projecting fatherly guilt onto those subordinates he treated as surrogate children. “Sandy,” repeated Wisecarver, though his voice was different now, a bit softer and more conciliatory.


pages: 1,082 words: 87,792

Python for Algorithmic Trading: From Idea to Cloud Deployment by Yves Hilpisch

algorithmic trading, Amazon Web Services, automated trading system, backtesting, barriers to entry, bitcoin, Brownian motion, cloud computing, coronavirus, cryptocurrency, data science, deep learning, Edward Thorp, fiat currency, global macro, Gordon Gekko, Guido van Rossum, implied volatility, information retrieval, margin call, market microstructure, Myron Scholes, natural language processing, paper trading, passive investing, popular electronics, prediction markets, quantitative trading / quantitative finance, random walk, risk free rate, risk/return, Rubik’s Cube, seminal paper, Sharpe ratio, short selling, sorting algorithm, systematic trading, transaction costs, value at risk

The company was supposed to launch these products at the March event along with the iPhone SE. But due to the ongoing pandemic coronavirus, the event got cancelled. It is expected that Apple will launch the AirPods Pro Lite and the 13-inch MacBook Pro just like the way it launched the iPhone SE. Meanwhile, Apple has scheduled its annual developer conference WWDC to take place in June. This year the company has decided to hold an online-only event due to the outbreak of coronavirus. Reports suggest that this year the company is planning to launch the all-new AirTags and a premium pair of over-ear Bluetooth headphones at the event.


pages: 420 words: 94,064

The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors by Spencer Jakab

4chan, activist fund / activist shareholder / activist investor, barriers to entry, behavioural economics, Bernie Madoff, Bernie Sanders, Big Tech, bitcoin, Black Swan, book value, buy and hold, classic study, cloud computing, coronavirus, COVID-19, crowdsourcing, cryptocurrency, data science, deal flow, democratizing finance, diversified portfolio, Dogecoin, Donald Trump, Elon Musk, Everybody Ought to Be Rich, fake news, family office, financial innovation, gamification, global macro, global pandemic, Google Glasses, Google Hangouts, Gordon Gekko, Hacker News, income inequality, index fund, invisible hand, Jeff Bezos, Jim Simons, John Bogle, lockdown, Long Term Capital Management, loss aversion, Marc Andreessen, margin call, Mark Zuckerberg, market bubble, Masayoshi Son, meme stock, Menlo Park, move fast and break things, Myron Scholes, PalmPilot, passive investing, payment for order flow, Pershing Square Capital Management, pets.com, plutocrats, profit maximization, profit motive, race to the bottom, random walk, Reminiscences of a Stock Operator, Renaissance Technologies, Richard Thaler, ride hailing / ride sharing, risk tolerance, road to serfdom, Robinhood: mobile stock trading app, Saturday Night Live, short selling, short squeeze, Silicon Valley, Silicon Valley billionaire, SoftBank, Steve Jobs, TikTok, Tony Hsieh, trickle-down economics, Vanguard fund, Vision Fund, WeWork, zero-sum game

I remember being young and idealistic. Then I got older and I realized that the government excels at two things: theft and murder.” “The SEC is probably waiting for DFV to slip up and charge him with manipulating markets. Yet no charges were brought on the senators who blatantly did insider trading when coronavirus started.” As it turned out, WallStreetBets hadn’t heard the last of Gill. He resumed his updates following the February 18 congressional hearing, and in the interim he had used some of his cash to buy even more GameStop shares. He really did “like the stock.” Gill’s final update was posted on the day that his options expired, on April 16.

BACK TO NOTE REFERENCE 10 u/never_noob, “Official WSB Survey Results are in!,” Reddit, 2017, www.reddit.com/r/wallstreetbets/comments/52tfrg/official_wsb_survey_results_are_in. BACK TO NOTE REFERENCE 11 Graham Flanagan, “Barstool Sports Founder Switches from Gambling to Day Trading during Coronavirus—and He Says He’s Down $647,000,” Insider, April 20, 2021. BACK TO NOTE REFERENCE 12 Dave Portnoy (@stoolpresidente), “I’m sure Warren Buffett is a great guy, but when it comes to stocks he’s washed up. I’m the captain now #DDTG,” Twitter, June 9, 2020, 9:41 a.m., twitter.com/stoolpresidente/status/1270350291653791747.


pages: 308 words: 97,480

The Undertow: Scenes From a Slow Civil War by Jeff Sharlet

2021 United States Capitol attack, Airbnb, Big Tech, Black Lives Matter, cognitive dissonance, Colonization of Mars, Columbine, Comet Ping Pong, coronavirus, COVID-19, critical race theory, disinformation, drone strike, Elon Musk, fake it until you make it, fake news, false flag, gentrification, George Floyd, Howard Zinn, intentional community, Jeffrey Epstein, lockdown, Occupy movement, operation paperclip, Parler "social media", prosperity theology / prosperity gospel / gospel of success, QAnon, sensible shoes, social distancing, Upton Sinclair, W. E. B. Du Bois, We are the 99%, white flight, white picket fence, young professional

“Recognize what is before your eyes,” the Gospel of Thomas advises, “and that which is hidden will be revealed.” One needs no diplomas to know truth, no “data” contrived by “experts.” Knowledge lies not in scholarship or information but within, “the gut,” as Trump had long maintained, or “right here,” as he said at one of his coronavirus briefings, tapping his temple to show us “the metric” by which he would know when it was safe for us to go outside, when we could gather again by the thousands to adore him. 3. In Bossier City, the line wound through a parking lot, a sluggish serpent that moved only in hiccups and burps.

“There’s a lot of drops,” Pastor Dave told me by phone after we met in Bossier City. By “drops” he meant clues. The pandemic was in full and terrible blossom, and tens of thousands of Americans had already died from a virus that Trump had attempted to laugh off. His rallies temporarily suspended, he’d stumbled on daily televised coronavirus briefings as a form of mass spectacle, a way to continue attacking the media and dismissing the experts and disseminating secret codes. The two-hour performances weren’t meant to inform or comfort or unite. They were Trump’s rallies for what would prove to be an all-too-brief era of social distancing.


pages: 339 words: 103,546

Blood and Oil: Mohammed Bin Salman's Ruthless Quest for Global Power by Bradley Hope, Justin Scheck

"World Economic Forum" Davos, augmented reality, Ayatollah Khomeini, Boston Dynamics, clean water, coronavirus, distributed generation, Donald Trump, Downton Abbey, Elon Musk, Exxon Valdez, financial engineering, Google Earth, high net worth, Jeff Bezos, Marc Andreessen, Mark Zuckerberg, Masayoshi Son, megaproject, MITM: man-in-the-middle, new economy, NSO Group, Peter Thiel, public intellectual, ride hailing / ride sharing, Sand Hill Road, Silicon Valley, SoftBank, South of Market, San Francisco, sovereign wealth fund, starchitect, Steve Bannon, Steve Jobs, tech billionaire, Tim Cook: Apple, trade route, traumatic brain injury, Travis Kalanick, Uber for X, urban planning, Virgin Galactic, Vision Fund, WeWork, women in the workforce, young professional, zero day

Imran headed home, calling Malaysian prime minister Mahatir Mohamad to inform him he was canceling his participation. “He’s a spoiled brat,” Imran told an advisor afterward. “We can’t afford to stand up to him.” Epilogue Decisive Storm As leaders around the world were just coming to understand the magnitude and economic devastation that the novel coronavirus would bring in 2020, Mohammed bin Salman was distracted by a niggling family drama and frustrated by the low price of oil. To achieve his grandest economic dreams, he needed much more money—hundreds of billions of dollars, not the mere $25.6 billion he earned from the Aramco IPO. Standing in his office in a plain thobe speaking to advisors and ministers, he was frustrated with the pace of the 2030 transformation.

In the spring of 2020, the Jabri family would hire a Trump-connected lobbyist in a desperate effort to get the US government to pressure Mohammed to let the detained relatives leave Saudi Arabia. All Mohammed’s plans for the year fell to the wayside in early 2020 as bad news out of China rippled around the globe. The novel coronavirus required the world economy to halt for months, while billions of people sheltered in place to stop the exponential spread of the virus and the collapse of medical systems. Weeks after his oil war pushed prices under $20 a barrel, close to a two-decade low, he agreed to rapidly cut back production following conversations with Jared Kushner, who also spoke with Russian counterparts about ending the disagreement.


pages: 363 words: 109,834

The Crux by Richard Rumelt

activist fund / activist shareholder / activist investor, air gap, Airbnb, AltaVista, AOL-Time Warner, Bayesian statistics, behavioural economics, biodiversity loss, Blue Ocean Strategy, Boeing 737 MAX, Boeing 747, Charles Lindbergh, Clayton Christensen, cloud computing, cognitive bias, commoditize, coronavirus, corporate raider, COVID-19, creative destruction, crossover SUV, Crossrail, deep learning, Deng Xiaoping, diversified portfolio, double entry bookkeeping, drop ship, Elon Musk, en.wikipedia.org, financial engineering, Ford Model T, Herman Kahn, income inequality, index card, Internet of things, Jeff Bezos, Just-in-time delivery, Larry Ellison, linear programming, lockdown, low cost airline, low earth orbit, Lyft, Marc Benioff, Mark Zuckerberg, Masayoshi Son, meta-analysis, Myron Scholes, natural language processing, Neil Armstrong, Network effects, packet switching, PageRank, performance metric, precision agriculture, RAND corporation, ride hailing / ride sharing, Salesforce, San Francisco homelessness, search costs, selection bias, self-driving car, shareholder value, sharing economy, Silicon Valley, Skype, Snapchat, social distancing, SoftBank, software as a service, statistical model, Steve Ballmer, Steve Jobs, stochastic process, Teledyne, telemarketer, TSMC, uber lyft, undersea cable, union organizing, vertical integration, WeWork

In 2019 China was Intel’s largest market, accounting for 28 percent of its revenue. In addition, almost one-tenth of its fabrication facilities are located in China. In late 2019, China created a $29 billion state-backed fund to advance its chip industry and reduce reliance on US technology. The 2020 coronavirus outbreak also generated uncertainty about this deep relationship. Would demand in China diminish? Would world demand for Chinese products containing Intel chips diminish? Would new trade disputes break out between China and the United States? • Culture. Robert Swan became Intel CEO in early 2019.

As with so many strategic plans, the necessary grit to actually carry it forward was lacking at all levels. In addition to plans, a number of nongovernmental bodies have carried out studies of possible pandemics. Only two years ago, the Center for Strategic and International Studies Risk and Foresight Group ran a scenario about a novel highly transmissible coronavirus. Their summary conclusions are both wise and foolish. Their wishful thinking is on display when they conclude that “establishing trust and cooperation domestically and internationally among governments, companies, workers and citizens is important before crisis strikes. . . . A critical ingredient for addressing pandemics is public order and obedience to protocols, rationing, and other measures that might be needed. . . .


pages: 403 words: 105,550

The Key Man: The True Story of How the Global Elite Was Duped by a Capitalist Fairy Tale by Simon Clark, Will Louch

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, An Inconvenient Truth, anti-communist, Berlin Wall, Bernie Madoff, British Empire, clean water, collapse of Lehman Brothers, colonial rule, coronavirus, corporate governance, COVID-19, dark triade / dark tetrad, do well by doing good, Donald Trump, fake news, forensic accounting, high net worth, impact investing, income inequality, Jeffrey Epstein, Kickstarter, load shedding, low cost airline, Mahatma Gandhi, megacity, Menlo Park, Michael Milken, Mohammed Bouazizi, Nelson Mandela, offshore financial centre, planetary scale, plutocrats, Ponzi scheme, profit maximization, rolling blackouts, Ronald Reagan, shareholder value, Silicon Valley, Social Responsibility of Business Is to Increase Its Profits, SoftBank, sovereign wealth fund, Suez crisis 1956, TED Talk, The Fortune at the Bottom of the Pyramid, trade route, Virgin Galactic, WikiLeaks, young professional

Mallya also lived in the U.K. and was fending off attempts to extradite him to India, where he faced charges of fraud. Arif’s lawyers returned to Westminster Magistrates’ Court in June 2020 for his extradition trial. Arif wasn’t required to attend the trial in person because of changes to the court system that were introduced to help contain the coronavirus pandemic. Instead, he was allowed to participate via a video link from his apartment. But the video connection in Court One wasn’t working, so Hugo called his client on a mobile phone. Arif’s face peered out of the screen. His cheeks and chin were covered in white stubble and his white hair flopped uncharacteristically forward onto his forehead from a center parting.

Naqvi on FaceTime,” Hugo said. Days earlier, Sev appeared in court and agreed to extradition. Prosecutors expected him to plead guilty. His lawyer declined to comment. Arif was still resisting extradition. Hugo said his client was suffering from poor health after spending time in hospital with suspected coronavirus. He argued that Arif shouldn’t be sent to New York for two reasons. First, Arif could be tried for his alleged crimes in London. Second, the prison conditions in New York’s jails, where Arif might end up in pretrial detention, were so appalling they would violate Arif’s human rights and increase the risk of him committing suicide.


pages: 383 words: 105,387

The Power of Geography: Ten Maps That Reveal the Future of Our World by Tim Marshall

Apollo 11, Ayatollah Khomeini, Boris Johnson, Brexit referendum, British Empire, carbon footprint, centre right, clean water, coronavirus, COVID-19, David Sedaris, disinformation, Donald Trump, drone strike, Elon Musk, European colonialism, failed state, glass ceiling, global pandemic, Great Leap Forward, Jeff Bezos, Johannes Kepler, low earth orbit, Malacca Straits, means of production, megaproject, Mikhail Gorbachev, mutually assured destruction, Neil Armstrong, new economy, New Urbanism, Ronald Reagan, Silicon Valley, South China Sea, sovereign wealth fund, space junk, Strategic Defense Initiative, Suez canal 1869, Suez crisis 1956, trade route, uranium enrichment, urban planning, women in the workforce

Then came Covid-19, and respect for the government took another blow. President Rouhani’s administration consistently played down the threat of the virus and, when it spread, covered up the number of cases and botched public-health messages. The Revolutionary Guard didn’t help. Its chief claimed the Guard had invented a device that could detect coronavirus symptoms from 100 metres away. Amid nationwide hilarity, the Physics Society of Iran ridiculed the idea as a ‘science-fiction story’. The clerics played their part. The learned Ayatollah Hashem Bathaei-Golpaygani announced he’d tested positive but had cured himself using an Islamic remedy. He died two days later.

They pour reinforcements into a certain area for, say, twelve hours, then overwhelm a government army outpost, before disappearing again.’ One of the worst cases came in December 2019, when an attack on an army base in Niger killed seventy-one soldiers. In January 2020 another eighty-nine were killed, and then in late March, as the world’s attention fixated on the coronavirus pandemic, Boko Haram ambushed a military encampment of Chadian soldiers near Lake Chad. In a seven-hour battle they killed at least ninety-two heavily armed troops, making it the deadliest attack ever suffered by the Chadian military. Questions began to be asked about how the country can hold together.


pages: 470 words: 107,074

California Burning: The Fall of Pacific Gas and Electric--And What It Means for America's Power Grid by Katherine Blunt

An Inconvenient Truth, benefit corporation, buy low sell high, California energy crisis, call centre, commoditize, confounding variable, coronavirus, corporate personhood, COVID-19, electricity market, Elon Musk, forensic accounting, Google Earth, high-speed rail, junk bonds, lock screen, market clearing, market design, off-the-grid, price stability, rolling blackouts, Silicon Valley, vertical integration

In that case, PG&E would either have to go back to the drawing board or persuade Montali to approve the plan anyway, something he would have been disinclined to do. “It’s not the voting day for you and thousands of other people,” Montali said. “And if they vote the plan down, there are consequences.” * * * By mid-March, circumstances had changed in a way few could have foreseen. The coronavirus pandemic had closed the courthouse and upended the stock market. Shares in PG&E fell from about seventeen to seven dollars and plateaued from there. Its value had rarely been lower. By then, PG&E had come up with a $59 billion plan to finance its exit from bankruptcy. It would emerge with $38 billion in debt, up from $22 billion when it first appeared in front of Montali, a remarkable use of the restructuring process.

One prominent law firm that had once supported the deal decided that it could no longer do so. It advised its clients—several thousand victims—to shoot it down. “Unfortunately, the hedge funds that have hijacked these bankruptcy proceedings (all to their significant financial benefit), did not care about your concerns BEFORE the coronavirus pandemic, nor do they care about them now,” the firm wrote in a letter to clients. “Your concerns MUST be kept in the forefront of this case.” * * * Watts, meanwhile, was leading a relentless campaign pushing his sixteen thousand clients—and anyone else within earshot—to vote in favor of the settlement.


pages: 619 words: 177,548

Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity by Daron Acemoglu, Simon Johnson

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 4chan, agricultural Revolution, AI winter, Airbnb, airline deregulation, algorithmic bias, algorithmic management, Alignment Problem, AlphaGo, An Inconvenient Truth, artificial general intelligence, augmented reality, basic income, Bellingcat, Bernie Sanders, Big Tech, Bletchley Park, blue-collar work, British Empire, carbon footprint, carbon tax, carried interest, centre right, Charles Babbage, ChatGPT, Clayton Christensen, clean water, cloud computing, collapse of Lehman Brothers, collective bargaining, computer age, Computer Lib, Computing Machinery and Intelligence, conceptual framework, contact tracing, Corn Laws, Cornelius Vanderbilt, coronavirus, corporate social responsibility, correlation does not imply causation, cotton gin, COVID-19, creative destruction, declining real wages, deep learning, DeepMind, deindustrialization, Demis Hassabis, Deng Xiaoping, deskilling, discovery of the americas, disinformation, Donald Trump, Douglas Engelbart, Douglas Engelbart, Edward Snowden, Elon Musk, en.wikipedia.org, energy transition, Erik Brynjolfsson, European colonialism, everywhere but in the productivity statistics, factory automation, facts on the ground, fake news, Filter Bubble, financial innovation, Ford Model T, Ford paid five dollars a day, fulfillment center, full employment, future of work, gender pay gap, general purpose technology, Geoffrey Hinton, global supply chain, Gordon Gekko, GPT-3, Grace Hopper, Hacker Ethic, Ida Tarbell, illegal immigration, income inequality, indoor plumbing, industrial robot, interchangeable parts, invisible hand, Isaac Newton, Jacques de Vaucanson, James Watt: steam engine, Jaron Lanier, Jeff Bezos, job automation, Johannes Kepler, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph-Marie Jacquard, Kenneth Arrow, Kevin Roose, Kickstarter, knowledge economy, labor-force participation, land reform, land tenure, Les Trente Glorieuses, low skilled workers, low-wage service sector, M-Pesa, manufacturing employment, Marc Andreessen, Mark Zuckerberg, megacity, mobile money, Mother of all demos, move fast and break things, natural language processing, Neolithic agricultural revolution, Norbert Wiener, NSO Group, offshore financial centre, OpenAI, PageRank, Panopticon Jeremy Bentham, paperclip maximiser, pattern recognition, Paul Graham, Peter Thiel, Productivity paradox, profit maximization, profit motive, QAnon, Ralph Nader, Ray Kurzweil, recommendation engine, ride hailing / ride sharing, Robert Bork, Robert Gordon, Robert Solow, robotic process automation, Ronald Reagan, scientific management, Second Machine Age, self-driving car, seminal paper, shareholder value, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, social intelligence, Social Responsibility of Business Is to Increase Its Profits, social web, South Sea Bubble, speech recognition, spice trade, statistical model, stem cell, Steve Jobs, Steve Wozniak, strikebreaker, subscription business, Suez canal 1869, Suez crisis 1956, supply-chain management, surveillance capitalism, tacit knowledge, tech billionaire, technoutopianism, Ted Nelson, TED Talk, The Future of Employment, The Rise and Fall of American Growth, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, theory of mind, Thomas Malthus, too big to fail, total factor productivity, trade route, transatlantic slave trade, trickle-down economics, Turing machine, Turing test, Twitter Arab Spring, Two Sigma, Tyler Cowen, Tyler Cowen: Great Stagnation, union organizing, universal basic income, Unsafe at Any Speed, Upton Sinclair, upwardly mobile, W. E. B. Du Bois, War on Poverty, WikiLeaks, wikimedia commons, working poor, working-age population

Zhang, Liang, Andrew Nathan, Perry Link, and Orville Schell. 2002. The Tiananmen Papers. New York: PublicAffairs. Zhong, Raymond, Paul Mozur, Aaron Krolik, and Jeff Kao. 2020. “Leaked Documents Show How China’s Army of Paid Internet Trolls Helped Censor the Coronavirus.” ProPublica, December 19. www.propublica.org/article/leaked-documents-show-how-chinas-army-of-paid-internet-trolls-helped-censor-the-coronavirus. Zuboff, Shoshana. 1988. In the Age of the Smart Machine: The Future of Work and Power. New York: Basic Books. Zuboff, Shoshana. 2019. The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power.

Educational attainment of US workers for 2016 is from the Bureau of Labor Statistics, included in Brundage (2017). Optimism, with Caveats. The discussion of the heliocentric system and its acceptance is covered in https://galileo.ou.edu/exhibits/revolutions-heavenly-spheres-1543. On Moderna’s vaccine development, see www.bostonmagazine.com/health/2020/06/04/moderna-coronavirus-vaccine. On February 24, 2020, Moderna announced it had shipped the first batch of mRNA-1273 forty-two days after sequence identification. For steam engines, see Tunzelmann (1978). On the social credit system in China, see www.wired.co.uk/article/china-social-credit-system-explained. On the 2018 Facebook algorithmic change, see www.wsj.com/articles/facebook-algorithm-change-zuckerberg-11631654215.


pages: 405 words: 112,470

Together by Vivek H. Murthy, M.D.

Airbnb, call centre, cognitive bias, coronavirus, COVID-19, crowdsourcing, death from overwork, gentrification, gig economy, income inequality, index card, karōshi / gwarosa / guolaosi, longitudinal study, Lyft, Mahatma Gandhi, medical residency, meta-analysis, moral hazard, Nelson Mandela, opioid epidemic / opioid crisis, Ralph Waldo Emerson, randomized controlled trial, rent control, ride hailing / ride sharing, Ronald Reagan, sharing economy, Silicon Valley, Silicon Valley startup, Skype, Snapchat, social distancing, social intelligence, stem cell, TED Talk, twin studies, Uber and Lyft, uber lyft

In the first weeks of 2020, the COVID-19 pandemic turned physical human contact into a potentially mortal threat. The novel coronavirus was on the loose, like an invisible stalker, and any of our fellow human beings could have been its carrier. Almost overnight, it seemed, getting close enough to breathe on another person became synonymous with danger. The public health imperative was clear: to save lives, we’d need to radically increase the space between us. As I write these words, we are still in the middle of this pandemic. With health workers at risk, hospital equipment in short supply, and death rates from the coronavirus spiking by the day, governments the world over have mandated “social distancing,” closed schools and most businesses, and ordered everyone but essential service workers to stay home.


pages: 362 words: 116,497

Palace Coup: The Billionaire Brawl Over the Bankrupt Caesars Gaming Empire by Sujeet Indap, Max Frumes

Airbnb, Bear Stearns, Blythe Masters, book value, business cycle, Carl Icahn, coronavirus, corporate governance, corporate raider, Credit Default Swap, data science, deal flow, Donald Trump, family office, fear of failure, financial engineering, fixed income, Jeffrey Epstein, junk bonds, lockdown, low interest rates, Michael Milken, mortgage debt, NetJets, power law, ride hailing / ride sharing, Right to Buy, Robert Solow, Savings and loan crisis, shareholder value, super pumped, Travis Kalanick

Oaktree continued as a standalone unit, and Marks continued to write his periodic public letters on financial markets. Ken Liang retired from Oaktree in 2018 and moved to Seattle to become a tech investor. In 2020, Kaj Vazales was promoted to co-head of the Oaktree North American distressed debt group. As the impact of the coronavirus tore through the global economy in early 2020, Apollo would pounce, always priding itself as a canny buyer in times of tumult. It quickly struck rescue financing deals for the likes of Expedia and United Airlines. David Sambur, who in 2019 had been promoted to co-head of Apollo’s private equity group, was the key player in many of these deals.

There was a question, once again, about whether the big banks would fulfill their lending commitments to ensure the deal could be funded. Several state regulators also were taking a hard line on the competition effects of the merger. Still, even as casinos across America were largely shuttered by the coronavirus lockdowns, the nearly $10 billion in deal financing, as well as state regulatory approvals, finally came through, and the deal closed in July 2020. Canyon Capital, the LA-based hedge fund that had bet big on both gaming and the bankruptcy of Caesars, would net over $1 billion in profits by remaining patient in its Caesars trade.


pages: 444 words: 117,770

The Coming Wave: Technology, Power, and the Twenty-First Century's Greatest Dilemma by Mustafa Suleyman

"World Economic Forum" Davos, 23andMe, 3D printing, active measures, Ada Lovelace, additive manufacturing, agricultural Revolution, AI winter, air gap, Airbnb, Alan Greenspan, algorithmic bias, Alignment Problem, AlphaGo, Alvin Toffler, Amazon Web Services, Anthropocene, artificial general intelligence, Asilomar, Asilomar Conference on Recombinant DNA, ASML, autonomous vehicles, backpropagation, barriers to entry, basic income, benefit corporation, Big Tech, biodiversity loss, bioinformatics, Bletchley Park, Blitzscaling, Boston Dynamics, business process, business process outsourcing, call centre, Capital in the Twenty-First Century by Thomas Piketty, ChatGPT, choice architecture, circular economy, classic study, clean tech, cloud computing, commoditize, computer vision, coronavirus, corporate governance, correlation does not imply causation, COVID-19, creative destruction, CRISPR, critical race theory, crowdsourcing, cryptocurrency, cuban missile crisis, data science, decarbonisation, deep learning, deepfake, DeepMind, deindustrialization, dematerialisation, Demis Hassabis, disinformation, drone strike, drop ship, dual-use technology, Easter island, Edward Snowden, effective altruism, energy transition, epigenetics, Erik Brynjolfsson, Ernest Rutherford, Extinction Rebellion, facts on the ground, failed state, Fairchild Semiconductor, fear of failure, flying shuttle, Ford Model T, future of work, general purpose technology, Geoffrey Hinton, global pandemic, GPT-3, GPT-4, hallucination problem, hive mind, hype cycle, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, Internet of things, invention of the wheel, job automation, John Maynard Keynes: technological unemployment, John von Neumann, Joi Ito, Joseph Schumpeter, Kickstarter, lab leak, large language model, Law of Accelerating Returns, Lewis Mumford, license plate recognition, lockdown, machine readable, Marc Andreessen, meta-analysis, microcredit, move 37, Mustafa Suleyman, mutually assured destruction, new economy, Nick Bostrom, Nikolai Kondratiev, off grid, OpenAI, paperclip maximiser, personalized medicine, Peter Thiel, planetary scale, plutocrats, precautionary principle, profit motive, prompt engineering, QAnon, quantum entanglement, ransomware, Ray Kurzweil, Recombinant DNA, Richard Feynman, Robert Gordon, Ronald Reagan, Sam Altman, Sand Hill Road, satellite internet, Silicon Valley, smart cities, South China Sea, space junk, SpaceX Starlink, stealth mode startup, stem cell, Stephen Fry, Steven Levy, strong AI, synthetic biology, tacit knowledge, tail risk, techlash, techno-determinism, technoutopianism, Ted Kaczynski, the long tail, The Rise and Fall of American Growth, Thomas Malthus, TikTok, TSMC, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, uranium enrichment, warehouse robotics, William MacAskill, working-age population, world market for maybe five computers, zero day

The Singapore case was down to a graduate student unaware of the presence of SARS. In Taiwan a research scientist mishandled biohazardous waste. In Beijing, the leaks were attributed to poor deactivation of the virus and handling in non-biosecure labs. And all that’s before you even mention Wuhan, home to the world’s largest BSL-4 lab and a center for coronavirus research. Even as the number of BSL-4 labs booms, only a quarter of them score highly on safety, according to the Global Health Security Index. Between 1975 and 2016, researchers cataloged at least seventy-one either deliberate or accidental exposures to highly infectious and toxic pathogens.

GO TO NOTE REFERENCE IN TEXT As we’ve seen, even wealthy nations “2021 GHS Index Country Profile for United States,” Global Health Security Index, www.ghsindex.org/​country/​united-states. GO TO NOTE REFERENCE IN TEXT Yet a catalog of disastrous decisions Edouard Mathieu et al., “Coronavirus (COVID-19) Deaths,” Our World in Data, ourworldindata.org/​covid-deaths. GO TO NOTE REFERENCE IN TEXT National budgets for such things For example, compared with during the 1957 Asian flu, the U.S. federal budget is vastly bigger, in absolute terms of course, but also as a percentage of GDP (16.2 percent versus 20.8 percent).


pages: 500 words: 115,119

Adriatic: A Concert of Civilizations at the End of the Modern Age by Robert D. Kaplan

"World Economic Forum" Davos, Anton Chekhov, Berlin Wall, British Empire, coronavirus, COVID-19, dematerialisation, disinformation, Donald Davies, Donald Trump, European colonialism, facts on the ground, Fall of the Berlin Wall, geopolitical risk, Johann Wolfgang von Goethe, mega-rich, megacity, open borders, Parag Khanna, Pax Mongolica, South China Sea, Suez canal 1869, trade route, urban planning

The future, I have learned, is often prepared by what cannot be mentioned or admitted to in fine company. The future lies inside the silences. * * * — I see vast stores of disposable wealth everywhere in Rimini, and yet the headlines about Europe’s economic and political crisis spell doom, soon to be accentuated by the coronavirus. Even the headlines, moreover, obscure a difficult historical truth to which few will admit, but which I know from my memories of Sfax and the rest of southern Tunisia. What the headlines will not say is that Europe’s stability and consequent prosperity for almost two-thirds of a century following World War II required, in part, isolation from its own near-abroad.

See Mark Mazower, Governing the World: The History of an Idea, 1815 to the Present (New York: Penguin Press, 2012), p. 156. To David Leeming and the late Charles Boer Author’s Note This book arose from travel and diaries between 2016 and 2018. Publication was held up because of a biography that I wrote in the interim, which itself appeared late because of the effect of the coronavirus on the publishing industry. Nevertheless, the descriptions and issues raised herein, and therefore the conversations conveyed, I hope stand the test of time. Indeed, the fate of Europe is a question that is obviously with us still. And the hunt for worthy and often obscure books that assist in a journey—the other major theme of these pages—has been a lifelong pursuit of mine.


pages: 370 words: 112,809

The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future by Orly Lobel

2021 United States Capitol attack, 23andMe, Ada Lovelace, affirmative action, Airbnb, airport security, Albert Einstein, algorithmic bias, Amazon Mechanical Turk, augmented reality, barriers to entry, basic income, Big Tech, bioinformatics, Black Lives Matter, Boston Dynamics, Charles Babbage, choice architecture, computer vision, Computing Machinery and Intelligence, contact tracing, coronavirus, corporate social responsibility, correlation does not imply causation, COVID-19, crowdsourcing, data science, David Attenborough, David Heinemeier Hansson, deep learning, deepfake, digital divide, digital map, Elon Musk, emotional labour, equal pay for equal work, feminist movement, Filter Bubble, game design, gender pay gap, George Floyd, gig economy, glass ceiling, global pandemic, Google Chrome, Grace Hopper, income inequality, index fund, information asymmetry, Internet of things, invisible hand, it's over 9,000, iterative process, job automation, Lao Tzu, large language model, lockdown, machine readable, machine translation, Mark Zuckerberg, market bubble, microaggression, Moneyball by Michael Lewis explains big data, natural language processing, Netflix Prize, Network effects, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, occupational segregation, old-boy network, OpenAI, openstreetmap, paperclip maximiser, pattern recognition, performance metric, personalized medicine, price discrimination, publish or perish, QR code, randomized controlled trial, remote working, risk tolerance, robot derives from the Czech word robota Czech, meaning slave, Ronald Coase, Salesforce, self-driving car, sharing economy, Sheryl Sandberg, Silicon Valley, social distancing, social intelligence, speech recognition, statistical model, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, surveillance capitalism, tech worker, TechCrunch disrupt, The Future of Employment, TikTok, Turing test, universal basic income, Wall-E, warehouse automation, women in the workforce, work culture , you are the product

Beyond its direct significance in bringing innovation to specific health challenges, big data pivots the narrative about inequality by offering a more complete picture of the systemic exclusions that have long been embedded in our health systems. It can help us move the challenge of inequality (and hence the solutions) from a “beast” mindset to a “virus” mindset. The lens of an infectious virus surely captures our imagination as the world recovers from the global coronavirus pandemic. A virus can only survive when there are hosts. A virus mutates. A virus infects the more vulnerable in patterned ways. And a virus requires collective action to prevent its spread, to treat the sick, to educate and ensure access for all, and to develop and disseminate vaccinations. When we think about the potential good and potential risks of technology, we can leverage technology itself to understand the multiple lenses that have shaped our public debates and to identify who is gaining, who is left behind, and how the benefits of technology can spread to benefit all of us.

In 2016, life imitated art when a man in Hong Kong created a robot based on the image of Scarlett Johansson, raising questions about our rights to our image and persona. Celebrity or not, should others be allowed to use your likeness, your face and character, to create smart machines? In 2020, amid the loneliness of coronavirus lockdown, some users admitted to being attracted to Alexa. One relationship expert attributed the attraction to Alexa’s “sexy voice with low tones to it.” It does go both ways: the woman in Alexa’s Super Bowl ad was very obviously lusting after Michael B. Jordan, even if she was only hearing his voice.


pages: 149 words: 43,747

How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest by Brian Portnoy, Joshua Brown

asset allocation, behavioural economics, bitcoin, blockchain, blue-collar work, buy and hold, coronavirus, COVID-19, cryptocurrency, diversification, diversified portfolio, estate planning, financial independence, fixed income, high net worth, housing crisis, index fund, John Bogle, low interest rates, mental accounting, passive investing, prediction markets, risk tolerance, Salesforce, Sharpe ratio, time value of money, underbanked, Vanguard fund

The current income provided by investing in dividend stocks simply provides me with a level of emotional comfort. Knowing that income will flow into my portfolios through thick and thin (as it has through the financial crisis of 2008/09, the US debt downgrade of 2011, the taper tantrum of 2013, the oil price plunge of 2015/16, the flash bear market of 2018, and now the coronavirus crisis) brings me comfort, conviction and confidence. As we all know, in times of trouble, cash becomes king. I do also invest heavily in myself and my business. I have had the same babysitter for my kids since the day my daughter was born in 2007—back then, I was just starting up at Gilman Hill and had to subsidize the expense with proceeds from my retirement account, but I knew that having the flexibility of that kind of childcare was the only way I could fully focus on my career and considered it a major investment in my family’s future.


pages: 130 words: 42,093

Underestimated: An Autism Miracle by J. B. Handley, Jamison Handley

Albert Einstein, autism spectrum disorder, coronavirus, microbiome, neurotypical, Rosa Parks, Stephen Hawking

Thanks to Cora, we’re riding a tandem kayak, which Jamie had identified during that Zoom meeting with her as another activity he’d be really interested in trying. The kayak arrived two weeks ago, and we’ve been out on the lake almost every day. It made me so happy when he spelled, “I love being in nature and being on the water.” In early July, Victory was able to start in-person summer school with some modest restrictions due to the coronavirus. Mercifully, Jamie’s day goes from 12:30 to 4:30 p.m., which means he’s been able to maintain summer sleeping hours. For Jamie, returning to Victory has been an incredible roller coaster of emotions. On his first day back, we asked him how his day had gone, and he explained, “It was the best day of my life at Victory.”


pages: 466 words: 116,165

American Kleptocracy: How the U.S. Created the World's Greatest Money Laundering Scheme in History by Casey Michel

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", Bellingcat, Berlin Wall, Bernie Sanders, bitcoin, clean water, coronavirus, corporate governance, cross-border payments, cryptocurrency, deindustrialization, Donald Trump, en.wikipedia.org, estate planning, Fall of the Berlin Wall, fixed income, forensic accounting, Global Witness, high net worth, hiring and firing, income inequality, Internet Archive, invention of the telegraph, Jeffrey Epstein, joint-stock company, Kickstarter, Maui Hawaii, McMansion, megaproject, Mikhail Gorbachev, New Journalism, offshore financial centre, opioid epidemic / opioid crisis, Ponzi scheme, race to the bottom, Ronald Reagan, Silicon Valley, Silicon Valley startup, Steve Jobs, too big to fail

q={%22search%22:[%22The+Improving+Laundering+Laws+and+Increasing+Comprehensive+Information+Tracking+of+Criminal+Activity+in+Shell+Holdings%22]}&r=1&s=6&searchResultViewType=expanded. 46. Nate Sibley, “Failure to Confront China’s Corruption Will Exacerbate Coronavirus Crisis,” Hudson Institute, 20 March 2020, https://www.hudson.org/research/15846-failure-to-confront-china-s-corruption-will-exacerbate-coronavirus-crisis. 47. Oliver Bullough, “Oligarchy Newsletter,” Coda Story, 2 December 2020, https://mailchi.mp/codastory/oligarchy-december-2. INDEX The index that appeared in the print version of this title does not match the pages in your e-book.


pages: 453 words: 122,586

Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott

2021 United States Capitol attack, Alan Greenspan, bank run, basic income, battle of ideas, Bear Stearns, Berlin Wall, Bretton Woods, business cycle, California gold rush, collective bargaining, coronavirus, corporate governance, COVID-19, creative destruction, David Ricardo: comparative advantage, Donald Trump, double helix, en.wikipedia.org, fiat currency, financial engineering, fixed income, floating exchange rates, full employment, God and Mammon, greed is good, Gunnar Myrdal, income inequality, indoor plumbing, invisible hand, John von Neumann, Joseph Schumpeter, Kenneth Arrow, laissez-faire capitalism, light touch regulation, liquidity trap, lockdown, low interest rates, Machinery of Freedom by David Friedman, market bubble, market clearing, mass immigration, military-industrial complex, Money creation, money market fund, Mont Pelerin Society, moral hazard, new economy, Nixon shock, Nixon triggered the end of the Bretton Woods system, paradox of thrift, Paul Samuelson, Philip Mirowski, Phillips curve, price mechanism, price stability, public intellectual, pushing on a string, quantitative easing, rent control, road to serfdom, Robert Bork, Robert Solow, Ronald Coase, Ronald Reagan, school vouchers, seminal paper, Simon Kuznets, social distancing, Tax Reform Act of 1986, The Chicago School, The Great Moderation, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Thorstein Veblen, too big to fail, trickle-down economics, universal basic income, upwardly mobile, urban renewal, War on Poverty, We are all Keynesians now, Works Progress Administration, zero-sum game

The paper noted that “Samuelson frequently crossed swords with the monetarist Milton Friedman,” but that “in 2008, when the world slipped into the steepest downturn since the Great Depression, it was Samuelson’s prescriptions, rather than Friedman’s, that carried the day.”39 NEITHER MAN was alive to witness the next catastrophic threat to the world’s prosperity: the emergence in China in November 2019 of the coronavirus COVID-19, a highly contagious pneumonia-like disease that often proved fatal, particularly to the elderly or patients with debilitating conditions. Using the authoritarian powers vested in it as the sole legitimate political force in a one-party communist state, the Chinese government imposed a strict curfew on the citizens of Wuhan, Hubei, a city of 11 million.

Li Wenliang and seven other doctors who express alarm at the spread of the disease were punished by Chinese authorities for “spreading false rumors.” 41.By the end of July 2020, 35,107 Italians had died of COVID-19. 42.Steven Terner Mnuchin (December 21, 1962–), American investment banker. U.S. Treasury Secretary 2017–2021. 43.https://datausa.io/coronavirus. 44.In January, the total of reported unemployed in the U.S. was 74.8 million. https://nypost.com/2021/01/14/us-jobless-claims-965000-filed-amid-pressure-from-covid-19/. 45.Franklin Delano Roosevelt (January 30, 1882–April 12, 1945). Thirty-second president of the United States. 46.See Amity Shlaes, The Forgotten Man: A New History of the Great Depression, HarperCollins, 2007. 47.


pages: 563 words: 136,190

The Next Shift: The Fall of Industry and the Rise of Health Care in Rust Belt America by Gabriel Winant

affirmative action, Affordable Care Act / Obamacare, anti-communist, antiwork, blue-collar work, business cycle, Capital in the Twenty-First Century by Thomas Piketty, classic study, clean water, collective bargaining, company town, coronavirus, COVID-19, creative destruction, deindustrialization, desegregation, deskilling, emotional labour, employer provided health coverage, Erik Brynjolfsson, Ford paid five dollars a day, full employment, future of work, ghettoisation, independent contractor, invisible hand, Kitchen Debate, labor-force participation, longitudinal study, low skilled workers, mandatory minimum, manufacturing employment, mass incarceration, MITM: man-in-the-middle, moral hazard, new economy, New Urbanism, obamacare, opioid epidemic / opioid crisis, pink-collar, post-industrial society, post-work, postindustrial economy, price stability, RAND corporation, Ronald Reagan, Second Machine Age, secular stagnation, the built environment, union organizing, upwardly mobile, urban renewal, vertical integration, War on Poverty, white flight, Wolfgang Streeck, women in the workforce, work culture , working poor

Ryan Deto, “UPMC Workers to Participate In One-Day Strike on Oct. 4,” Pittsburgh City Paper, September 24, 2018; US Department of Labor, Bureau of Labor Statistics, “Major Work Stoppages in 2018,” February 8, 2019. 14. “ ‘Fire through Dry Grass’: Andrew Cuomo Saw COVID-19’s Threat to Nursing Homes. Then He Risked Adding to It,” ProPublica, June 16, 2020; “Coronavirus Cases Rise Sharply in Prisons Even as They Plateau Nationwide,” NYT, June 16, 2020; “Black Americans Face Alarming Rates of Coronavirus Infection in Some States,” NYT, April 14, 2020; Centers for Disease Control COVID-19 Response Team, “Characteristics of Health Care Personnel with COVID-19—United States, February 12–April 9, 2020,” Morbidity and Mortality Weekly Report 69, no. 15 (April 17, 2020), 477–481. 15.


pages: 415 words: 136,343

A World on the Wing: The Global Odyssey of Migratory Birds by Scott Weidensaul

Anthropocene, assortative mating, coronavirus, COVID-19, Elon Musk, Google Earth, jitney, long peace, low earth orbit, meta-analysis, microbiome, microcredit, off grid, phenotype, quantum entanglement, SpaceX Starlink, the scientific method

Not a rat or a sign of a rat was found, and conservationists were delightfully shocked by how quickly the island’s imperiled birds responded to the release from predatory pressure. After years of preparation, and some delays caused by its incredibly remote location, a similar eradication campaign was poised to begin on Gough Island in February 2020 when the coronavirus pandemic struck. The team of 12 Royal Society for the Protection of Birds conservationists had to be evacuated, and the eradication program was delayed by at least a year. Assuming its success, however, the same folks will then shift their attention to Marion Island, home of the bird-scalping mice.

See CABS condors, California, 230–32 conservation of Amur falcons, 316–17, 324–29, 337, 338–39 climate change and, 190 on cusp of catastrophe, 128–29 eBird and, 140–43 in Europe, 148 forest fragmentation and, 12 habitat protection and, 35–36 habitat restoration and, 134, 145, 149 important stopover sites and, 134–35 radar used for, 132, 134 song bird trapping on Cyprus and, 307 of spoon-billed sandpipers, 50–51, 57–58, 61 stopover sites and, 123–24 of urban land, 145 Yellow Sea coast and, 31, 33–34, 35, 50–51, 55, 60, 61–62 Conservation India, 324, 325 continental shelf, 247, 252, 254, 256 Cooper, Nathan, 158–60, 163–68, 170, 172, 173–74, 179–80, 181, 182–86 cordgrass, 53, 59, 62 Corey, Ed, 249, 268 Cornell Lab of Ornithology, 105, 109, 132, 133, 136, 137, 138–40, 145, 147, 150, 177, 195 coronavirus pandemic, 276 Corophium, 72 Costas, 291–92 cowbirds, brown-headed, 11–12, 101, 163 Cry1a, 86–87, 88 cryptochrome, 8–9, 86, 87 curlews, Eskimo, 112, 294 Cyprus, 285. See also songbird trapping in Cyprus desiring EU membership, 283, 298–99 political situation in, 278–79 Dalvi, Shashank, 324 Davies, Ian, 150, 152–56 deforestation, tropical, 11, 13, 100, 106, 123 Denali National Park, 1–7, 19–20, 121, 124, 341, 344, 346 blackpoll warblers in, 4, 5, 119, 344, 345–46 De Voe, Thomas F., 295–96, 297 diablotíns, 255–56 distance flown in a year, by seabirds, 10–11, 255, 256 Dockrill, Craig, 259 Dongling mudflats, 27, 33–34, 38, 39, 58–60, 62 Doppler radar, 21–22, 128, 131–35 Canadian sites filtering out birds, 152, 153–54 population loss in North American birds and, 147, 156 stopover sites and, 134–35, 142 urban lights and, 144–45 doves, turtle, 82–83 dragonflies birds feeding on, 322n radio transmitters on, 19, 95 Drew (Bingrun Zhu), 45 drought in California, 142 climate change and, 191 in the Sahel, 124, 175, 191, 194, 200 ducks hunting of, 148 mallards, 3, 79, 98 Ducks Unlimited, 148 Duncan, Charles, 263–64 dunlin, 26, 31, 35–36, 54, 202 dynamic soaring, 254–55, 255n of sooty shearwaters, 260 eagles bald, 189 golden, 7, 20, 229, 293 East Asian–Australasian Flyway (EAAF), 28–29, 29, 45, 47, 52, 54, 57 eBird, 138–43, 150, 152–53, 154 climate change and, 195, 196 climate modeling and, 173 edge predators, 11, 101, 107 egrets, great, 134 endangered species list, Kirtland’s warbler on, 163 energy.


pages: 887 words: 242,125

The Greek Revolution: 1821 and the Making of Modern Europe by Mark Mazower

classic study, coronavirus, COVID-19, disinformation, Monroe Doctrine, éminence grise

But then I thought again: was it unreasonable – given the divisions that had opened up in Greece as a result of the years of austerity – to try to figure out what might bring people together in an understanding of the past that was inclusionary not exclusionary? Was that not better than acquiescing in the kind of political polarization that had torn Greece apart in the past? If this invitation thus made me reassess my stance towards the subject, what I really wanted to say about it became evident only during the coronavirus pandemic. Living in Manhattan at an epicentre of the catastrophe, I followed Greece’s response in those first months, which formed such a contrast with that of the United States. The two governments could scarcely have taken more different approaches. But the real differences lay deeper. There is nothing like a public health emergency to illuminate the degree of a people’s trust in their state.

abolitionism, 13, 236, 327, 336, 337–8, 382, 452 About, Edmond, 224 Acton, Lord, ‘Nationality’ (1862 essay), xxi Adam, Frederick, 412 Adams, John, 400 Aegean Islands, xxxi, 267, 269–70, 282–4 ambivalent response to revolution in, 143–5, 148–9 and civil war, 267 Etaireia’s activity in, 17, 70, 132, 133–5, 137–8, 144, 145, 146–7, 151–2 fiscal role of, 148–53, 155, 157–63 lack of Ottoman presence on, 136 meltemi (northern wind), 285 Ottoman warnings to, 143–4, 149 pirate raids on, 428 Ahmed, Deli, 389, 392 Aigina, island of, 363, 377, 381, 424–6, 434–5 orphanage on, 452 outbreak of bubonic plague (1828–9), 432 Aivalik, massacre at (June 1821), 35, 182, 183 Akarnania, 105, 166, 167 Akkerman, Treaty of (1826), 418 Albanians, xxviii–xxx, 38, 42, 50–51, 76, 82–6, 101, 115–19, 128–9, 166, 197–8, 208, 211, 348, 361–2, 375, 389, 439 ‘Ali Pasha’s men’, xxix–xxx, 39, 42, 83, 116–18 in Attica, 350 beys and death of Khurshid, 128–9 close ties between armatoles and beys, 115–16, 117–18 collapse of Albanian–Greek alliance, 118–19, 125 and crushing of 1770 rising, 51, 52, 167 Dramali’s troops, 127, 209 and Greek troops, xxix–xxx, 25, 26, 188 and Ibrahim’s campaign in the Morea, 291, 296–7 Kolokotronis’s close ties with, 51, 84–5, 86, 117, 209 massacre of leaders (1830), 303–4, 439 Nenekos’s background, 390 Ottoman troops, xxix–xxx, 51–2, 76, 82–5, 116, 119, 167–8, 198–9, 209–10, 279, 291, 296–7, 304, 307, 308, 358 ownership of Greek slaves, 342, 343 Porte’s anxieties over reliability, xxx, 119, 166, 198, 279, 307, 358 reputation as fighters, xxix–xxx retreat of Lala Muslims to Patras, 76 seamen of Hydra and Spetses, xxx, 132 and siege of Athens (1826–7), 358, 372–3, 375 and siege of Jannina, 42 at siege of Mesolonghi (1826–7), 304, 307, 318, 348 at siege of Patras, 389 at siege of Tripolitsa, 82–3, 84–5, 86, 119 slaughter of at Athens (1827), 372–3, 375 Ypsilantis’s mercenaries, 25, 26, 29 Aleppo, 43, 121, 152 Alexander I, Tsar, xxv, 3–7 and Anglo-Russian mediation, 406–7 and concept of humanitarian intervention, 398 at Congress of Laibach (1821), 28, 30, 35–6 conservatism of, 4, 7, 30, 35–6, 213, 398, 404–5 death of (1825), 10, 407 and Etaireia, 15, 17–18, 19, 36 and Orthodox solidarity, 6–7, 10, 213, 405 and outbreak of insurrection (March 1821), 69–70 prays in Greek church in Vienna, 7, 10 tensions with Metternich, 4, 406, 407 Ypsilantis claims support of, 19, 28, 29, 30–31, 59, 109, 211–12 Alexandria, 276, 277, 284–5, 300–302, 306–7, 335 Algeria French conquest of, 419 Ali Farmakis, 51, 386 Ali Pasha of Jannina, xxix–xxx, 37–45, 47, 83, 95, 170–71, 267, 383 alipashalides, 101–4 Byron visits court of, xxix, 255 death of (1822), xxx, 119–21, 125 and Etaireia, 21, 31, 37–8, 39–40, 43–5, 101–2 grave at Fethiye mosque, 120, 130 legendary fortune of, 43, 129 Muslim Albanian troops desert, 119 Ottoman campaign against, xxxi, 20, 40–43, 45, 73, 74, 101, 102, 116–20 son Veli Pasha as governor of the Morea, 53–4 Ali Tsekouras, 88, 184 Almack’s club, London, 406 Almyros, 177, 378 Amaury-Duval, Eugène, 431–2 Ambatzis, Taher, 118, 119 American Revolution, xxi, 113, 240 Amorgos, island of, 160 Anagnostaras (Christos Papageorgiou), 17, 57, 85, 196, 289 Anagnostopoulos, Panayiotis, 77–8, 83–4, 85, 95, 444 Analatos, Greek defeat at (1827), 373–4 Anatolia, 46, 145, 146, 149, 151, 387 Anatolikon, island-town of, 313 Andros, island of, 143, 144, 160, 322–3, 452 Androutsos, Eleni, 454 Androutsos, Odysseus, xxii–xxiii, 102, 117, 170–73, 188, 233, 350–51, 447 and Kolokotronis, 172–3 and literacy, 194 mistrusts reliance upon foreigners, 179–80 murder of (1825), 352 posthumous iconic status, 351 secret agreements with Ottomans, 171–2, 351–2, 387 and Stanhope, 261 Trelawny marries half-sister of, 170, 233, 257 Angistri, island of, 381 Arachova, battle of (1826), 361–3 archaeological museums, 13 Argos, 71, 74, 110, 126, 217, 224–5, 234, 439 battle at the Lerna mills (1825), 295–6 and civil war, 268 Dramali Pasha’s failure at, 127–8, 169, 171, 173, 209 French topographical survey of, 431 Greek irregulars clash with French (1833), 200–201, 440 places of refuge near, 206–7 provisional government flees from, 127 siege of (1822), 127, 195, 198 Arkadia (town), 62, 66–68 Arkadia (province), 272, 293, 388 armatoles, 102–4, 115–8, 164–7, 170–72, 176–7, 231–2, 267, 273, 321, 351–2 custom of constantly shifting allegiances, 103–4, 128, 165, 166–7, 168, 169–70, 349, 361, 387, 390 at Epidavros national assembly, 111 factionalism and regionalism of, 309, 324, 356 hesitancy over Greek cause, 102, 103 and principles of mountain warfare, 196 scribes of, 193 and siege of Mesolonghi (1825–6), 304, 307, 308, 309, 314, 316, 317 Arta, 165, 166, 167, 169, 200, 201 Ottoman army retakes, 125 siege of (1821), 117–18 associational life, 13–14 rise of in post-1815 Europe, 12–14 wide impact of Hellenism, 13 Astros, 174, 256 Astypalaia, island of, 252 Athens, 171, 188, 349–51, 358–61, 426, 442–3, 448, Elgin removes marbles from, 226, 349–50 Otto chooses as capital, xxi, 442, 443 Ottoman forces leave Acropolis (1833), 441 Athens, siege of (1826–7), 358–62, 366–7, 373–6, 383, 461 relief force at Elefsina, 358–9, 360, 366–7 slaughter of surrendering Albanians, 372–3, 375 strength of Greek forces, 371–2 strength of Ottoman forces, 372 town’s defences, 349, 351, 359, 371–3 Attica, 170, 171, 186, 196, 206, 350, 352–3 Austria, 375, 399, 429 Baleste, Joseph, 228–30, 234, 237, 239 Barbitsiotis, Zacharias, 52–3 Barère, Bertrand, 334 Bathurst, Walter, 417 Bavarians see Ludwig, King of Bavaria; Otto von Wittelsbach Beecher Stowe, Harriet, 452 Beirut, 322, 323 Belgium, 434 Bellios, Constantine, 444–5 Belloc, Louise, 223 Benjamin of Lesvos, 159 Bentham, Jeremy, 247–50, 251, 260–61 besa (personal oath), 84–5, 209 Bessarabia, 9, 10, 20–21, 24, 31 Bétant, Élie-Ami, 432, 435 Black, William, 378 Blaquiere, Edward, 246, 251, 254–5, 266 Blouet, Abel, 431 Boeotia, 352–3 Boigne, Comtesse de, 328 Bolívar, Simón, 222, 232, 253 Bollmann, Louis de, 236, 237, 241 Bonaparte, Joseph, 365 Bonaparte, Prince Paul Marie, 223 Bosnians, xxvii, xxix, 304 Botsaris, Kitsos, 440 Botsaris, Kostas, 289 Botsaris, Markos, 117, 165, 167, 168, 174, 209, 305 Botsaris, Notis, 196, 308, 316, 325 Boubouli, Eleni, 173 Bouboulina (Laskarina), 85, 173, 204 Boulgari, Stamati, 424, 431 Bourbaki, Constantin, 365–7 Bournias, Antonios, 149, 150 Bowring, John, 246–7, 248–9, 250, 251, 262, 263, 264–5 Boyer, Jean-Pierre, 337, 338 Bozikis, Simos, 269, 271, 334 Bradford, Cornelius, 335 Brajović, Vaso (Vasos the Montenegrin), 322–3, 447 Brazil, 434 Brengeri (Italian philhellene), 233, 234, 237–9, 240, 241 Britain 1st Regiment Greek Light Infantry, 54, 367 Alexandria occupied by (1807), 276 Anglo-Russian negotiations, 406–7 Codrington’s naval force, 394–5, 407, 409–15, 417, 418–19, 420–21, 427, 461 Greek distrust of, 179, 245–6, 260 and Greek piracy, 428 Greeks’ growing orientation towards, 352, 405–6 and Ionian Islands, xxxi, 7, 54, 245–6, 312, 367–8, 453–4 London Greek Committee, 247, 248–51, 254–5, 256, 259, 261–4, 368–9, 378 naval squadron in the Aegean, 297, 370–71 naval strength in the Levant, 252 recognizes Greeks as belligerents (1823), 262, 404 sends fleet to enforce Treaty of London, 409–18 senior officers arrive to lead Greeks (1827), 367–70 shifting policy over Greeks, 262–3, 279, 284, 346–7, 403–4 and slavery, 336 Browne, James Hamilton, 255, 257 Bulgarians, xxvii Byron, Lord, xxv–xxvi, xxix–xxx admires Ottoman way of life, xxxi, 236, 248, 256–7 and Ali Pasha, xxix, 37, 255 arrival in Mesolonghi (January 1824), 259 Chateaubriand’s influence on, 402 Childe Harold, 257 corpse returms to London, 262, 266 death of (1824), 223, 242, 259–60, 263, 305, 326–7, 332, 402 disdain for Benthamites, 248, 260 Don Juan, 256, 257 Ionian island base (1823), 256–9 and London Greek Committee, 248, 251, 255–6 Millingen as doctor of, 115, 290 and the Souliots, 199, 259, 380 HMS Cambrian, 262, 295, 297, 352, 370, 395, 412, 430, 458 camels, 192 Camp, Maxime du, 449–50 Campbell, Thomas, 251 Candolle, Augustin Pyramus de, 92–3 Canning, George, 213, 261, 262–3, 346–7, 403–4, 405–6, 453, 461 death of (1827), 409, 419, 422 and Ibrahim’s ‘Barbarization’ project, 346, 407 Canning, Stratford, 284, 346, 352, 405–6, 461 Capodistrias, Agostino, 438 Capodistrias, Count Ioannis arrives in Nafplion, 423–4 assassination of (1831), 437–8 and candidates for post-war kingship, 433–4, 438 centralization attempts, 435, 436 conspiracy theories over death of, 438 diplomatic offensive in Europe (1827), 407–9, 421–2 and Etaireia, 14–15, 16, 17–18, 19, 21–2, 30–31, 36, 61, 95–6, 397, 460 and Friends of the Muses, 7, 13, 17 granted full powers, 425–6 as Governor, 427–37 Greek presidency offered to, 370–71, 407–8, 421–5 on Greek victory, 461 heads anti-Ottoman war party in Russia, 35 Ionian island background of, 5, 7, 103 and Mavromihalis clan, 436–8 meets Codrington in Malta, 422–3 muzzles criticism, 435 opposition to, 435–7 and plight of orphans, 451–2 and principle of legitimacy, 403 Pushkin as protegé of, 24 in Russian service, 4–5, 7, 9, 10, 13, 14–15, 17–18, 19, 21–2, 30–31, 35–6, 407–9 semi-retirement in Geneva, 397 sidelined from Russian foreign ministry, 36, 397 technocratic approach to governance, 432 urges creation of provisional government, 108 at Vienna with the Tsar (1814), 4–5, 7, 10, 13 Carbonari, 12, 108, 112, 114 cartography, xxvi Castanis, Christoforos, 153–4 Castlereagh, Lord, 4, 6, 406 Catherine the Great, 4, 9 Catholic Church, xx, xxi, xxvii, 161–3, 251–2, 327, 438 Catholics in the Aegean, xx–xxi, 157–60, 161 Charles X, King of France, 327, 333, 334, 335, 419, 422, 434 Chateaubriand, Francois-René de, 222, 327, 328, 338, 399, 401–3 chieftains, Greek accumulating wealth, 203 ages of, 196 and Ali Pasha, 39, 40, 41, 117 in ascendant (spring 1823), 172–3, 174 attitude to regular forces, 321 close ties with Albanian chieftains, 51, 84–5, 86, 115–18, 209 depiction of as heroes, 449–50 family and locality as power base for, 205–6, 212 Indian summer of (early 1830s), 439–40 secretaries and scribes, 193–4 and Stanhope, 260–62 as threat to aid supplies, 380–81 and wave of submissions in the Morea, 391–3 wives of, 454 see also armatoles; Souliot bands; and entries for individuals Chios, island of, xxiv, 57, 140, 145–9, 150, 152, 154–5, 427–8 Lykourgos’s expeditionary force to, 149–52 massacre by Ottoman forces, 126, 151, 152–5, 159, 183, 450–51 not part of new state, 427, 428 refugees from, xx, 145, 150, 152, 154, 162, 457, 459 Church, Richard, 6, 54, 367–8, 370, 371, 372–3, 374, 375, 376, 433, 435, 454 civil war (1824–5) and deployment of the loans, 266, 267–8, 269–70, 271–2, 273 in the Morea, 176, 267, 268, 272–3, 287, 288, 292, 351, 355, 356, 388 and Rumeliot bands, 267, 268, 269–70, 272–3, 287–8, 292, 355, 388 Clot, Antoine, 277 Cochrane, Thomas, 367, 368–70, 372–5, 376, 411, 424, 427 Codrington, Admiral Sir Edward, 394–5, 407, 409–15, 417, 418–19, 420–21, 427, 461 attack on Grabousa, 430 and Egyptian evacuation plan, 430–31 meets Capodistrias in Malta, 422–3 warns Greeks over piracy, 429 Cohen, Leonard, 132 Constable, John, 332 Constant, Benjamin, 328 Constantinople, xxvii, xxx–xxxi anti-Christian violence/reprisals (spring 1821), 33–5, 36, 84, 88 Etaireia activity in, 14, 16, 21, 27 hostages in, 69 Papaflessas in, 57–8 Phanariot nobility in, 18–20, 23, 24–5, 33, 78–9, 91, 93–4 safety and feeding of, 208 slave markets in, 152 Cooper Union, New York, 452 Corfu, 5, 422–3, 438 Corinth, 71, 74, 111, 184, 187–8 clash of Notaras cousins, 357–8 European volunteers in, 230 Ottoman arrival in, 126 sack of, 200, 238–9 Corinth Canal, 455 coronavirus pandemic, xxxiv Coste, Pascale-Xavier, 277, 281 Crete, 182, 200, 202, 228, 278–9, 284, 286, 291, 298–9 Grabousa as pirate base, 429–30 Greek capture of Grabousa, 299–300 pirates from, 428, 429–30 Crimean War (1854–6), 448 Crown and Anchor tavern (the Strand), 250, 251, 263 Cyclades, xix–xx, 143–4, 155, 157–62, 429 Cyprus, 182, 190–91 Dalberg, Duchess of, 328–9 Damala, 370–71 Damas, Baron de, 397 Danubian Principalities, xxxi, 10–11, 35, 58, 79, 345, 404 and Russo-Turkish war (1828–9), 418, 433 Treaty of Akkerman (1826), 418 Danubian Principalities, Ypsilantis’s expedition into and Aegean Islands, 138, 146 anti-Christian violence/reprisals (spring 1821), 33–5, 36, 84, 88 attack on Galati, 26, 31, 32, 33, 183 claims of Russian support, 19, 28, 29, 30–31, 59, 109, 211–12 crossing of the Pruth, 26, 32, 191, 445 failure of, 31–6, 64, 81, 108, 109, 146, 207, 211–12 false rumours about, 60–61, 76, 100, 104 final stand of Sacred Battalion at Dragaşani, 31 Jaasy proclamations, 27–8 mass recruitments in southern Russia, 24–5 and Mavrokordatos, 99, 109 murder of Kamarinos, 22 news of outcome reaches the Morea, 81, 108, 109 orders sent to Constantinople, 27, 32 and Ottoman sense of vulnerability, 208 planning for uprising (October 1820), 20–21, 22–5, 58, 60, 144, 460 Romanian population turns against, 31 slow march south, 29–30 and Michalis Soutsos, 24–5, 26, 27–8, 31 strength/composition of Greek force, 28–9 Sultan’s response to, 32–6 Tsar denounces, 30–31, 32, 33 Delacroix, Eugène, 331–2 Greece on the Ruins of Missolonghi (1826), 332–3, 338 Scene of the Massacre at Chios (1824), 152, 332 Delecluze, Etienne-Jean, 328 Deliyannis, Kanellos, 48, 55–7, 70, 79–80, 82, 205, 296, 391, 445 and civil war, 272 and defeatist mood of locals, 72–3 disputes start date of revolution, 65, 66 gives military leadership to kapos and klefts, 74–5 and Khurshid Pasha’s harem, 86–7 memoirs of, 51, 71–2, 186 and Papoulakis’s preaching, 386 Tripolitsa siege negotiations, 83–4 on Dimitrios Ypsilantis, 78 Deliyannis, Theodoros, 445 Deliyannis clan (Peloponnese), 48, 55–6, 57, 62–3, 65, 70, 72–3, 287, 293, 296 smooth adaptation to new regime, 445–6 and spoils of Tripolitsa siege, 87, 88 Delphi, 361 Dervenakia, Battle of (1822), 127, 169, 171, 173 Didot, Firmin, 328 Dimitsana, 61 Disraeli, Benjamin, 130 Dodwell, Edward, 226 Dramali Pasha, Mahmud, 126–8, 169, 171, 173, 187, 198, 200, 209, 210 Dudley, Viscount, 411 Dumas, Alexandre, The Count of Monte Cristo, 37 Duras, Claire de, 337–8 Edirne, 34–5 Egypt, xxix, xxxi, 190, 197, 210, 213 Cairo slave market, 451 Etaireia’s influence in, 17, 182, 278 and France, 335, 339, 340–42, 369 Greek-speaking population in, 277–8 Mahmudiyya canal, 277 Mehmed Ali massacres the Mamelukes (1811), 276 Mehmed Ali’s modernizing rule, 277, 280–82 mollah of Egypt murdered by Hydriots, 140 Napoleon’s invasion of, 276, 286 nationalist takeover (1953), 276 peasant uprising (1824), 282 war with Ottomans (1831), 421 Egyptian forces army, 273–4, 280–82, 284–5, 287, 309 defeat at Navarino Bay (October 1827), 395, 406, 413–20, 423, 427 encampment at Methoni, 340–42 eradication of Kasos, 282–3 evacuation from the Morea, 430–31 fleet, 190, 270, 274, 282–3, 284–6, 309, 335, 369, 413–18, 419–20 Ibrahim’s campaign in the Morea, 286–7, 288–91, 292–9, 302, 340–42, 346–7, 349, 382, 383, 387–94, 412–13, 420, 461 invades the Morea (1825), 274, 284–6, 405 and siege of Mesolonghi (1825–6), 309–18 d’Eichthal, Gustave, 453 Elafonisos, island of, 378 Elefsina, 358–9, 360, 366–7 Elgin, Lord, and marbles, 226, 349–50 Ellice, Edward, 369 Elmaz Bey, 83, 84–5, 86, 118, 209 Emerson, James, 202, 268–9, 351 emigration, 10, 49, 455 Enlightenment learning, xxvii, xxviii, 13, 93, 112–13 Epidavros, 110–13, 352, 353, 381 Epiros, xxix, xxxi, 6, 20, 21, 39, 42, 44, 73, 123, 454 Etaireia’s influence in, 17, 45, 182 Ermioni, 363 Ermoupolis, xix–xx, 162–3 European politics/diplomacy, xxi, 213–14, 217–8, 250, 262–3, 279, 284, 327–35, 344–7, 397–8, 401–6, 429, 433–4, 438 Bourbon restoration, 30, 35, 96, 100, 108, 213, 221, 246, 247–8, 344–6, 398–9 Chateaubriand’s ‘Christianism’, 327, 403 Chateaubriand’s monarchism, 328, 399, 401–2 Mavrokordatos’s institutions appeal to, 94, 106–7, 108, 109, 114, 179, 180 Mesolonghi galvanizes opinion in, 310, 326, 327–35, 337–8, 344–5, 346–7 posthumous impact of Napoleon upon, 222–3, 326 power of public opinion, 12–13, 234–5, 242, 336, 345–6, 403–4 Evgenios II, Patriarch, 143–4 Evvia, island of, 145, 170, 177, 184, 186, 197, 321–2, 353 Eynard, Jean-Gabriel, 243, 369 Fabre, Jean-Raymond-Auguste, 329, 338–9 Fabvier, Charles, 321–2, 348, 359–60, 362, 365, 375, 376, 427 Ferdinand I of the Two Sicilies, 399 Ferdinand III, Grand Duke of Tuscany, 95 Ferdinand VII, King of Spain, 246 Fermor, Patrick Leigh, 193 Ferraios, Rhigas, 44 Filiki Etaireia (Friendly Society) and Aegean islands, 137–8, 145–6, 158–9 and Ali Pasha, 21, 31, 37–8, 39–40, 43–5, 101–2 alleged corruption/chaos in, 16 armatoles join, 101–2 associated with revolutionary radicalism, 70, 94, 108–9, 114 and Bavarian regency, 444–5, 448 black uniform of, 29, 82 and Capodistrias, 14–15, 16, 17–18, 19, 21, 30–31, 36, 61, 95–6, 460 claims of Russian backing, xxxiv, 17–19, 21–4, 28–31, 52, 59, 61–2, 67–8, 70, 81, 99–100, 104, 109, 211–12 decision-making under Ypsilantis, 20 in Egypt, 17, 182, 278 founding of in Odessa (1814), 8–9 and Galatis, 14–16 influence in the Morea, 17, 57–62, 65–6, 70 and klefts, 17, 54, 55, 57 lack of influence in Rumeli, 104–5 leaders visit Mavrokordatos in Pisa, 95 meeting at Ismail (October 1820), 20–21, 58, 144, 460 meeting at Vostitsa (January 1821), 59, 60, 64, 66, 70, 76 officially sanctioned assassinations, 16, 22 and Petrobey, 69 and philanthropy, 243 post-war poverty of founders, 444 religious basis of, 11, 13, 14, 448, 460 shut down in Odessa, 36 sidelined at Epidavros, 111, 114 and the Souliots, 44 split emerges in, 20 symbol and flag, 28 use of commercial codes/jargon, 11 and world of trade, 11 Ypsilantis accepts leadership of, 18–20, 95 Dimitrios Ypsilantis arrives in the Morea, 77–9 see also Danubian Principalities, Ypsilantis’s expedition into financial markets, global boom in sovereign bond issues (1824), 253–4 and Byron, 256 growth of City of London, 253–4, 256 London capital markets of 1820s, 249, 253–4, 256, 266 and Poyais swindle (1822), 254 Finlay, George, xxxii, 179, 208, 232, 233, 266, 270, 309, 372, 454 First World War, xxii Flaubert, Gustave, 449–50 Fotakos, 51, 61, 71, 72, 87, 88, 186, 195, 198, 378, 464 background of, 10, 50 as Kolokotronis’s adjutant, 90, 212, 454 view of foreign-born Greeks, 178 Fotylas, Asimakis, 63 foustanella, Greek, 72 France anti-Bourbon plots, 221 Armée de la Morée, 431 Bourbon restoration, 213, 221, 222, 327, 335, 398–9 Capodistrias advises (1826), 397–8 close relationship with Ottoman Sultan, 335, 338–9 Comité Grec, 327–9, 332, 333–5, 359, 366, 378–9 conquest of Algeria, 419 and Egypt, 335, 339, 340–42, 369 fleet at Navarino Bay (October 1827), 395, 411, 413–20 French Revolution (1789), xxi, 113, 240 growing anti-Bourbon sentiment, 327–9, 335, 401–2, 419 intervenes in Spain (1822), 399, 400 joins Anglo-Russian negotiations, 407, 408 joint fleet in Levant with Britain, 407 joint fleet to enforce Treaty of London, 409–18 and Knights of Malta, 252 Levant squadron, 161, 359–60, 375 Maison’s naval force, 430–31 and philhellenism, 218, 219–22, 226, 327–9, 332, 333–5, 359, 366, 378–9, 401–2 posthumous impact of Napoleon, 222–3 revolution (1830), 333, 434 right-wing nationalism today, xxxiii and slavery, 337–9 Francesco I, King of the Two Sicilies, 344–6 Frantzis, Ambrosios, 65, 66–7, 68, 184, 289, 386 Freedom’s Journal, 337 freemasonry, 8, 11, 12 Freud, Sigmund, 455 Friends of the Muses cultural society, 7, 13, 17 Galanos, Dimitrios, 13 Galati (Moldavian port), 22, 26, 29, 31, 32, 33, 183 Galatis, Nikolaos, 14–16 Galaxidi, 67, 99–100, 102, 137 Gallina, Vincenzo, 112, 114 Garrison, William Lloyd, 452 Gaston de Livron, Pierre, 335 Gay, Delphine, 397 Gazis, Anthimos, 13, 132 Genoa, republic of, 4 geography Greece’s geographical extent, xxvi–xxvii Résumé Géographique de la Grèce et de la Turquie d’Europe (1826), xxvi of war of independence, xxxi–xxxiii George I, King of Greece, 449, 454 George IV, King, 419, 422 Géricault, Théodore, 331 German lands, 218, 219, 224–5, 227 Germanos, Archbishop of Old Patras, 64, 108, 252, 351 Ghekas, Mustafa, 188 Gladstone, William, 453 Goderich, Lord, 422 Gordon, Thomas, 170, 179, 184, 235–6, 240, 243, 256, 366, 371, 372 Gosse, Louis-André, 432, 462 Gouras, Ioannis, 206, 272, 392 in Athens, 188, 350–51, 352–3, 358 death of, 360–61 and siege of Athens (1826–7), 188, 358–9, 360–61 Grabousa, fortress-island of, 299–300, 429–30 Greece, ancient, xxiv, xxvii, xxviii–xxix and Catherine the Great, 9 European obsession with, xxv, xxvi, xxviii, 13, 218–19, 226–7 European plunder of artefacts, 226 Greek language, xxvi, xxx, 318 Greek revolution celebrations of outbreak, 64–5, 445 children’s memories of, 450–51 impact on children, 207, 450–52 lack of bloodletting among Greeks, 113, 172–3, 205, 392 last Greek fighter of, 454–5 regionalism/factionalism as threat to cause, 82, 117, 177, 210–11, 263, 288, 309, 356–8, 363, 364 and pace of news, 191 wartime generation dies out, 453–4 Greek revolution CIVILIAN POPULATION agrarian economy disrupted in the Morea, 244 and Ali Pasha, 38, 383 as base of entire insurgency, 206, 390–91 brutal behaviour of klefts, 52–3, 383 brutal Ottoman treatment of, 206, 207, 208 brutality of Ibrahim’s forces, 297, 378, 382, 383, 387, 388, 393–4, 412–13, 420 Duval witnesses impact of war on, 431–2 extraordinary stamina/endurance, xxxiv, 182–3, 207, 358, 382–3, 387, 461 harvesting by, 195 international aid to non-combatants, 379–82, 451–2 international attention to suffering of, 378–9 international humanitarian intervention, 379–82, 451–2 signs of weakening popular resolve, 382–6, 387–90, 461 places of refuge for, 206–7 preyed on by Greek forces, 206, 322–3, 357–8, 382, 391, 393, 439–40 shepherds ignore new borders, 439 socio-economic reasons for submission, 390–91 submission as Ottoman endgame, 386 terror of Ottoman reprisals in early weeks, 72–3 and traditional campaigning season, 168, 195, 209, 210 vacuum of power and leadership during war, 383–4 wave of submissions in the Morea, 387–93 women’s funeral laments, 187 Greek revolution FINANCES/FUNDING, xxiv agrarian economy disrupted, 244 debased coinage issue, 271 difficulty of keeping men in the field, 199, 200, 229, 319–20, 324, 375, 392 financial legacy of war, 424–5, 443–4 funding of Etaireia, 16, 20, 27, 29, 57, 58, 59 funding of fleet, 110, 149, 155–63, 244, 267, 269–70, 273, 285, 291 fund-raising in France, 328–9, 333–5, 359, 365, 366, 378–9 fund-raising in German lands, 219 funds raised during siege of Athens, 365, 366, 371–2 Koundouriotis government runs out of funds, 312, 319–20, 323, 348, 355, 394 loan agreed in London (1824), 263–4 mercantile activity during war, 137 and need for national government, 110, 155–6, 244–5 payment of loan instalments to Greeks, 266–9, 270, 271–2, 287, 291, 306 philanthropy of wealthy philhellenes, 203, 243 Provisional government pledges during war, 443 second loan arranged (1825), 264–5, 270 tax collection, 156–63, 390–91, 424, 436 Greek revolution GOVERNANCE INSTITUTIONS Areios Pagos of Eastern Continental Greece, 107, 110, 170–71 Assembly of Western Continental Greece, 106–7 beginnings of state bureaucracy, 270 Capodistrias granted full powers, 425–6 Commission in Aegean, 157–63 constitutional division of powers, 174–5 declaration of independence (January 1822), 113–14 Executive accountability, 270–71 Greek parliament established (1844), 445–6, 448 legislature’s power enhanced (1823), 174–5 Messenian Assembly at Kalamata, 109, 227 national assembly at Damala (1827), 370–71 national assembly at Epidavros (1821–2), 110–13 national assembly at Epidavros (1826), 352, 353 and need for support of European powers, 94, 97, 106–7, 108, 109, 114 Peloponnesian Senate, 57, 76–7, 79, 80–81, 107, 109–10, 112, 244 preference for representative government, 80–81, 106–7, 109–10 prefectural rule, 156–7, 174, 178–9 provisional constitution (1822), 111, 112–13 provisional government flees from Argos, 127 provisional government formed, 112–13, 138, 155–6 regional assemblies formed, 106–7, 109, 110, 112 regional assemblies wound up (1823), 174, 177 revised constitution (spring 1823), 175, 178–9 second national assembly (March 1823), 172, 173–5 Senate of western Greece, 164, 244 traditions of local self-government, 48–9, 109–10, 145, 156–7, 173–4 Troezen constitution, 407–8, 425, 451–2 Vice-Governmental Commission, 377 Ypsilantis proclaims national assembly, 107–8 Greek revolution GREEK FLEET Aegean shipping islands, xxx, 110, 111, 131–46, 148, 149, 151–3, 155–8, 160, 161, 267, 269–70, 282–4 attack on Alexandria (1825), 300–301, 302 attacks on Muslim pilgrims, 140–41, 143 Cochrane commands, 370, 372–5 crews’ lack of discipline, 139, 140–43, 302 funding of, 110, 149, 155–63, 244, 267, 269–70, 273, 285, 291 Hydra and Spetses rivalry, 138 and Hydra’s ships, xxx, 60, 110, 132, 133 mercantile activity during war, 137 modern navy rejected by Koundouriotis, 273 payment of sailors, 139–40 Provisional Government’s commitment to, 155–7 revenue from Syros, 162–3 ships as privately owned, 110, 131, 135, 15–56, 424 and siege of Mesolonghi (1825–6), 306–7, 310, 311–12, 320 size of merchant marine, 131, 136–7 temptations of piracy, 140–42 treatment of captured crews, 140 and Turco-Egyptian flotilla (1824), 285 use of fireships (brulots), 147–8, 153, 209, 210, 230, 269, 285, 290–91, 300–301, 306–7, 374–5 Greek revolution MILITARY FORCES acute scarcity of arms, 71, 72 ambushes as preferred tactic, 196, 307 Bavarians contribute army (1832), 439, 440, 441–2 beginning of coordination (April 1821), 74–5 behaviour at Tripolitsa, 86–7, 88–9 behaviour of at Syros, xxii defeats on plain of Attica (1827), 196 difficulty of keeping men in the field, 199–200, 229, 319–20, 324, 375, 392 early besieging efforts, 72 experiment to form a regular army, 228–31 Fabvier’s reforms, 321, 359, 360, 362, 366 fear of fighting in the open, 359, 371, 374 fighters’ costume, 202 lack of funds for regular units, 229 lack of military experience, 71, 72, 210–11 locality as base of trust, 205–6, 212–13 massacres in by, 26, 31, 32, 33, 73, 183–4, 186, 291–2, 372–3, 375 meagreness of rations, 195–6, 200 moustaches of, 354 multi-national/ethnic nature of original force, 29 Muslim fighters in, 188 renewed attempt at national army, 321 Rumeliot–Moreot tensions, 177, 204, 267, 272–3, 287–8, 292, 353–5, 380–81 and rural population, 206, 357–8, 382, 391, 393, 439–40 senior British officers arrive to lead (1827), 367–70 shortage of command experience, 29, 210–11 size and organisation of, xxiv–xxv, 28–9, 182 tactics in early summer (1821), 76 victory at Arachova, 212–13 victory at Valtetsi (May 1821), 75 see also chieftains, Greek; Greek revolution, GREEK FLEET; philhellene volunteers Greek revolution POLITICAL ISSUES, xxi–xxii animosity towards ‘foreign-born’ (eterochthons), 174 assertion of civil supremacy over the military, 112, 174 civilian power over warlords, 112, 174 emerging sense of national belonging, xxi, xxxiii, 74–5, 80–81, 108–14, 185 freedom vs centralized government tension, xxxii, 79, 435, 447 Karaïskakis’s transition to the national, 363–4, 365 language of government, 178–9, 212 Mavrokordatos’s agreement with the armatoles, 105 need for form of centralization, 74–5, 82, 90–91, 94–5, 108–12, 435, 436 need for support of European powers, 213 new vision of a political community, xxviii–xxix, 74–5, 173–4, 185, 305, 325 notion of a centralized political authority, 108–12, 155–63, 271 Green, Philip, 302, 318 Gregorios V, Patriarch, 33–4, 84, 88, 141, 185 Grey, Earl, 406 Grivas, Theodorakis, 196, 204, 293, 392 continued preaching of war in 1840s, 448 as enemy of Kolokotronis, 202, 204, 355, 380–81, 391, 394 family of, 212, 354, 355, 365, 447 moustache of, 354 in Nafplion, 200, 354–5, 380–81, 423–4, 439 Guilford, Earl of, 98–9 Haitian revolution, xxi, 337, 338 Hamilton, Gawen, 295, 297–8, 352, 370–71, 395, 412–13, 430 Hastings, Frank Abney, 222, 371 Hay, Robert, 451 Hazlitt, William, 247 Heiden, Count, 409 Heine, Heinrich, 326 ‘Hellene’ (Ellinas), xxviii–xxix Hess, Peter von, xxiii Hobhouse, John, 255 Holy Alliance, 4, 35, 108, 114, 246, 279, 337, 402–3, 405 British policy to break-up, 404, 405–6, 407 meeting at Laibach, 28, 30, 35–6 mounting British resistance to, 250 and the New World, 399 public opinion as threat to, 13 weakening of, 213 Homer, xxv Hope, Thomas, Anastasius (novel, 1819), xxv–xxvi, 331–2 Howe, Samuel Gridley, 290, 293–4, 296, 300, 380, 381, 382, 451–2 Hugo, Victor, 326, 331, 333, 338 Humboldt, Alexander von, 397 Humphreys, William (W.

.), 268 Hunt, Henry, 250 Hussain Bey, 282–3, 289, 312 Hydra, island of Albanian-speaking seamen of, xxx, 132 assumes authority over naval war, 145–6 attack on Alexandria (1825), 300–301, 302 behaviour of ships from, 140–41, 142–3, 302 and catastrophe on Chios, 151–2, 153, 155 caution of notables, 57, 60, 132–3, 135–6 class resentment on, 134–5 delay in entering war, xxiv, 57, 133, 135–6 depopulation after revolution, 455 and Etaireia, 59, 132, 133–5 exempted from prefectural rule, 156 fleet as core of Greek navy, xxx, 131–2, 134, 137 funding of fleet, 110, 149, 155–7, 161, 162, 244, 269–70, 273, 285, 291 funds from Byron, 259 Ibrahim prepates for attack on, 410–11, 420 joins uprising (April 1821), 136, 138 and the kodzabashis, 60, 64, 132, 133 long tradition of self-government, 145 Mavrokordatos’ alliance with, 110, 155–6, 176, 256, 273 mints producing fake coinage, 271 Moreots imprisoned on, 273, 287–8, 292 Muslims massacred on (1825), 291–2 national government based in, 163, 273 naval death toll (1825), 291–2 Nereus, explosion of (1825), 291–2 notables of, 57, 60, 132–6, 149, 155, 161, 292, 323, 429, 435–6 Oikonomou on (27–8 March 1821), 133–5 Ottoman administration of, 132, 134 under plague quarantine, 432 powerful shipowners on, 81, 110, 111, 132, 133, 134–6, 176, 177, 211, 258, 273, 435–6 precarious post-war position of, 435–6 provides sailors to Ottoman navy, 132, 137 troop reinforcements to (1825), 287 and Turco-Egyptian flotilla (1824), 285 Dimitrios Ypsilantis arrives at, 77, 78, 144–5 Ibrahim Edhem Pasha, 450–51 Ibrahim Pasha anti-guerrilla scorched-earth strategy, 296–7 campaign in the Morea, 286–99, 302, 340–42, 346–7, 349, 376, 382, 383, 387–94, 412–13, 420, 461 crushes Saudi revolt in the Hijaz, 277, 280, 420 environmental warfare, 393–4, 420 evacuation from the Morea, 430–31 invasion of the Morea (1825), 274, 284–5, 405 Nenekos earns trust of, 389 Porte orders to ignore allies (autumn 1827), 412, 419–20 prepares for attack on Hydra, 410–11, 420 and Sève, 280, 281–2 shows mercy to captive Greeks, 290 and siege of Mesolonghi (1825–6), 308, 309–18 talks with Codrington and de Rigny, 411, 412, 420 victory at Navarino (1825), 197, 289–91 wave of submissions to in the Morea, 387–93 Ignatios (Orthodox Metropolitan), 95–6, 100, 106, 108, 114, 178, 255–6, 460 as fundraiser for Greek causes, 244–5, 246 at Lefkada meeting (1807), 103 and principle of legitimacy, 403 industry, xx, 424 information and news, 190–94 intellectual/literate classes, xxiv, xxvii, xxviii–xxix, 13–14, 98–9, 112–13, 178 international affairs, xxii Anglo-Russian negotiations, 406–7 anti-Bourbon rebellions, 20, 30, 35, 96, 100, 108, 213, 246, 402 Austro-Russian hegemony, 219 concept of humanitarian intervention, 35, 236–7, 379–82, 398–9, 451–2 Congress system, 3–7, 8, 28, 30, 35–6, 398, 404–5 conservatism at Congress of Vienna (1814–15), 4, 5, 8 conservative leadership of Europe, 4, 5, 8, 108–9, 114, 218, 219, 246, 398–9, 404–5 coordinated anti-piracy campaign, 429, 435, 436 emergence of American interest, 399–400 Great Power warnings over piracy, 429 joint fleet to enforce Treaty of London, 409–18 liberal principle of non-intervention, 399–401 Mavrokordatos’s paper on the Ottomans, 97–8 Monroe Doctrine, 399–401 and plight of Greek non-combatants, 379–82, 451–2 post-1828 Great Power policy, 427–8 pre-national era, xxi, xxvi–xxvii, xxx Russo-Ottoman antagonism, 5–6, 32, 35, 404–5 the suffering non-combatant, 378–9 taboo against Great Power intervention broken, 426 Treaty of London (1827), 406, 408–10, 419–21, 423, 425, 427, 430, 448–9, 461 and violence of Ottoman reaction (spring 1821), 35 world of nation states, xxi, xxxii year of revolutions (1848), 453 Ionian islands, 4, 14, 16, 70, 137 1st Regiment Greek Light Infantry, 54, 367 Britain hands over (1860s), 453–4 Byron in (1823), 256–9 Kolokotronis’s exile in, 17, 53, 54–5 quasi-colonial British rule, xxxi, 7, 54, 245–6, 312, 367–8 Septinsular Republic, 5 Venetian rule, 5 Islam conversion to, 49–50 forced conversions to, 346 primacy of in Ottoman realm, xxiii–xxiv sheykh-ul-islam in Constantinople, 32–3 slave recruits in politics, 451 see also Muslim populations Italy Austrians in, 245 anti-Bourbon rebellions in, 30, 35, 96, 100, 213, 224, 399, 402, 452 Carbonari, 12, 108, 112, 114 constitutionalist revolt in Piedmont, 96, 100 Etaireia’s influence in, 17 and Greek maritime language, xxx nationalism in, 452–3 see also Garibaldi, Giuseppe; Naples; Papal States; Piedmont; Pisa Ithaca, 14, 16 Jannina, 38, 39, 40–45, 101, 102, 118, 119–20, 378 Jarvis, George, 217, 220, 232, 290, 380, 381 Jassy (Moldavian capital), 15, 25, 26, 27–9, 30, 31–2, 33, 64 Jefferson, Thomas, 401 Jews, xxvii, 85, 185 killed in Tripolitsa, 88 Jourdain, Philippe, 154, 184, 251–2 Kalamata, 49, 188, 394 falls to Ibrahim, 293 Messenian Assembly at, 109, 227 Petrobey seizes, 65, 69 philhellenes in, 227–9 Kalamos, island of, 304 Kalavryta, 65, 68, 184, 391, 392 Kaltezes, monastery of, 77, 110 Kamatero, battle at, 366–7 Kanakaris, Athanasios, 203, 446 Kanaris, Konstantine, 148, 153, 230, 283, 284, 300–301, 446, 449–50 Kantakuzinos, Prince Alexandros, 30, 77–8, 83, 106, 182, 183, 445 Kantakuzinos, Prince George, 29–30 kapaki (secret agreements with Ottomans), 170–71 Kapsalis, Mihalis, 317 Kara Ali (Kapudan Pasha), 132, 134, 151, 152, 153 Karaïskakis, Giorgios agreement with Kolokotronis (1826), 355–6, 364 attitude to money, 203 background and character of, 363, 364–5 bouts of ill health, 314, 364–5, 373 and campaign against Ibrahim, 289 chance meeting with Kutähı Pasha, 360, 365 and civil war, 272–3, 355, 356 under command of British officers, 367, 371, 372, 373–4 foul tongue, 364 ‘gypsy’ nickname, 194 joins uprising, 128 makes transition from local to national, 363–4, 365 in Nafplion, 349, 355–6 and siege of Athens (1826–7), 358–9, 360–61, 362, 367, 371, 372–4, 461 and siege of Mesolonghi (1825–6), 308, 314, 316, 317, 324, 353 urges unity with Moreots, 355 victory at Arachova, 212–13, 361–3 works with the Turks, xxxi, 117, 363 Karatzas, Prince Ioannis, 93, 95, 106, 445 Karavias, Vasilios, 22, 26, 29, 272, 371 Karpathos, island of, 162, 252, 283, 428 Karpenisi, 209 Karteria (paddle-steamer), xx, 369, 371 Karytaina, 69, 72, 74, 75, 87, 90, 392 Kasomoulis, Nikolaos, 88–9, 178, 188, 317 Kasos, island of, 137, 270, 282–3 Kassandra peninsula, 183 Kastellorizo, island of, 145 Katakazis, Gavriil, 448 Katakazis, Konstantin, 24 Kavala, 275–6, 277 Kefalonia, 159, 256, 258–9 Keratsini, 371, 372 Khalkidiki peninsula, 182 Khaznadar, Mustafa (Georgios Stravelakis), 451 Khurshid Pasha, xxxi, 43, 46, 47–8, 73, 85, 102, 130, 165, 210 and Albanians, 119, 209 background of, 121 and death of Ali Pasha, 119–20, 121, 125 fails to support Dramali, 127, 128 forces the Souliots out, 125 harem of, 85, 86–7, 121–5, 129 Mehmed Ali ousts in Egypt (1805), 276 sends reinforcements to the Morea, 73–4, 82 suicide of, 128–9, 168, 169, 461 Khusrev (Kapudan Pasha), 283, 285, 301–2, 303, 306–7, 451 Kiamil Bey, 47, 48, 53, 87–8, 126, 187–8, 189, 211, 243 Kishinev, 10, 23, 24, 26, 31, 43 klefts (brigands), xxiv, 49, 206, 324, 363 Zacharias Barbitsiotis, 52–3 Deliyannis gives military leadership to, 74–5 and Etaireia, 17, 54, 55, 57 exile in Ionian islands, 17, 53, 54, 367 and Kolokotronis’s background, xxiii, xxxi, 17, 53, 54, 75, 80, 87, 89, 367 military training of, 54 of the Morea, 17, 52–3, 54–6, 68, 74, 383, 388 Ottoman campaign against, 53, 89 and principles of mountain warfare, 196, 296 Kleisova, islet of, 312 Klenze, Leo von, 442–3 Knights of Malta, 252, 434 kodzabashis (Greek notables in the Morea) Androutsos’s dislike of, 172, 173 animosity to military leaders, 174, 175 and civil war, 272, 324 class anger towards, 78, 79–80 durability of, 112, 203, 356 at Epidavros national assembly, 111–12 and the Etaireia, 57, 59, 60–61, 76, 80–81 factionalism and regionalism of, 48–9, 54, 82, 324, 356–8, 364 and local organization of uprising, 71–2 opposed to effective central command, 82, 112 opposition to Capodistrias, 436 opposition to Veli Pasha, 53–4 and Ottoman regional government, 48–9, 50 Peloponnesian Senate, 57, 76–7, 79, 80–81, 107, 109–10, 112, 244 rise of Zaimis, 355–6 and Dimitrios Ypsilantis, 78–9, 80, 107 see also Deliyannis, Kanellos; Deliyannis clan (Peloponnese); Zaimis, Andreas Kokkinis, Mikhail, 305, 308, 317 Kokovilas, Nikolaos, 132, 134 Kolettis, Ioannis, 179, 203, 267, 269, 272, 273, 288, 293 Kolokotronis, Gennaios, 447 Kolokotronis, Theodoros acquisitive side of, 176, 191, 203–4, 240 ambitions for his family, 173, 203–5, 212 antipathy to the regulars, 229 arrested by government (1825), 273, 287, 292 and Richard Church, 54, 367–8 and civil war, xxxi, 268, 269, 272, 273 and clash of Notaras cousins, 356–7, 358 close ties with Albanian chieftains, 51, 84–5, 86, 88, 117, 209 as commander-in-chief in the Morea, xxxi, 17, 127, 174, 293–7, 321, 352 death of (1843), 448 defuses anti-kodzabashis tensions, 80 as enemy of Grivas, 202, 204, 355, 380–81, 391, 394 at Epidavros national assembly, 111, 112 at Ermioni national assembly, 363 exile in Ionian islands, 17, 53, 54–5 on French Revolution, 3 gains Bavarian royal favour, 447 greets Cochrane, 370 kleft background of, xxiii, xxxi, 17, 53, 54, 75, 80, 87, 89, 367 kodzabashis see as social inferior, 75, 78, 80, 87, 205 lays siege to Karytaina, 69 leads army against Ibrahim, 293–7 loathe to spill Greek blood, 172–3, 205, 392 marriage alliances, 203–5 military command in Karytaina district, 74, 75, 90 military experience of, 54 mistrusts reliance upon foreigners, 179, 352 opposes foreign loans, 245, 266, 272 orders death of Nenekos, 389–90 and Otto’s arrival in Nafplion, 440 and Papoulakis’s preaching, 386, 387 physical appearance of, 194, 195, 370 and post-war myth-making, xxiii, 75, 205, 449 power base as local, 90, 211 reputation for fierceness, 172–3, 205 revulsion for Tripolitsa, 89 rise to ascendency begins, 87 secretaries/scribes, 193–4 speech at Pnyx in Athens, 447 and spoils of Tripolitsa siege, 84–5, 86, 87–8, 89, 176 statue of in Nafplion, 454 style of dress, 205, 370 supreme commander post abolished, 175 threats against Mavrokordatos, 175–6, 256 tried for treason (1834), 446–7 and Tripolitsa siege negotiations, 83–5 victory at Dervenakia pass, 127, 169, 171, 173 and wave of submissions in the Morea, 387–8, 389–90, 391–3 weapons of, 202 web of family connections, 173, 203–5, 354, 365, 445 and Dimitrios Ypsilantis, 78–9, 90, 230 Korais, Adamantios, xxviii, 249 Koroni, 72, 286 Koundouriotis, Giorgios, 270–71, 286–9, 292, 309, 319–20, 321, 323 and Mavrokordatos, 110, 288, 292 opposition to Capodistrias, 435 see also Provisional Government of Koundouriotis Koundouriotis, Lazaros, 81, 135, 136, 211, 270–71, 273, 288, 435 Kravara, 206 Kriezotis, Nikolaos, 189, 360–61 Kütahı Pasha (Mehmed Reshid Pasha), 166, 347, 382 chance meeting with Karaïskakis, 360, 365 Cochrane captures harem of, 374 controls western Greece, 348, 353–4 deal with Androutsos, 351–2 as Grand Vizier, 439 marches to Athens, 349, 358 massacres Albanian leaders (1830), 303–4, 439 and siege of Athens (1826–7), 358, 360, 367, 372, 375, 376 ultimatum to central Greeks, 348–9 in western Greece (1822), 166, 168, 169, 304, 306–18 in western Greece (1825), 210, 303–4 Kutchuk-Kainardji, Treaty of (1774), 9 Kyparissia see Arkadia La Fayette, Marquis de, 335 Laibach, Congress of (1821), 28, 30, 35–6 Lakonia, 447 Lala, 71, 76, 187, 198 Lane, Edward, 451 Langadia, 72–3, 445 Larissa, 127, 128, 130, 304 Le Corbusier, 455 League of Nations, xxii Lefkada, 102, 103 Leonidion, 382 Leopold of Saxe-Coburg, 433–4, 443 Lerna Mills, Battle of (1825), 295–6 Levant Submarine Telegraph Company, xx Lieber, Francis, 92, 227–8, 232, 235, 241, 453 Lieven, Dorothea, 406–7 Livadeia, 170, 171, 188, 231, 351–2 Livorno, port of, 99, 100, 244 Logothetis, Lykourgos, 146–7, 148, 149–52 London, 176, 246, 250, 253, 329 capital markets of 1820s, 249, 253–4, 256, 266 London, Treaty of (1827), 406, 408–10, 419–21, 423, 425, 427, 430, 448–9, 461 London Greek Committee, 247, 248–51, 254–5, 256, 259, 261–4, 368–9, 378 Londos, Anastasios, 424–5 Londos, Andreas, 448 Londos clan (Peloponnese), 48, 271–2 Louis Napoléon Bonaparte, 223 Louis XVIII, King of France, 221, 222, 226, 327, 401, 402 Louriotis, Andreas, 98–9, 244, 245, 246, 251, 258, 263, 265 Louverture, Toussaint, 337 Ludolf, Guglielmo Costantino, 344–6 Ludwig, King of Bavaria, 365, 434, 438, 447 Macedonia, 182, 183 Magnesia, 177 Mahmud II, Sultan, xxxii commands Mehmed Ali to the Morea, 279–80, 303 core fiscal problem of, 49, 208, 210 and death of Ali Pasha, 119–21 and death of Khurshid Pasha, 128–9, 461 defiance after Navarino, 430 and Egypt, 278 Etaireia’s plans against, 21, 27 and international warning signs, 279 and Navarino Bay (1827), 421 orders brutal reprisals (1821–2), 32–6, 182–3, 206, 207, 208 orders invasion of the Morea, 126 and outbreak of insurrection (March 1821), 69–70 recognizes new Greek kingdom (1832), 439 refuses invitation to Vienna (1814), 6 rejects proposed armistice, 409, 410, 419 response to Ypsilantis’s uprising, 32–6 rupture with Ali Pasha, 20, 37, 39–43, 73 Maioulis, Antonios, 135, 196 Maison, Nicolas, 430–31 Makris, Dimitrios, 102, 118, 308–9, 314, 349 Makriyannis, Ioannis, xxxiv, 125, 206, 350–51, 356, 448 at battle at the Lerna mills (1825), 295 dances for Ludwig, 447 operation to liberate Athens, 366, 367, 371–2, 373, 374, 375–6 the Mani, 17, 50, 65, 211, 227–8, 296, 378 behaviour of fighters from, 82, 127, 200, 201, 393, 440 depopulation after revolution, 455 Egyptians checked at, 393 and Etaireia’s original plans, 21–2, 68–9 financing of troops, 200 Kolokotronis in (early 1821), 61, 75 Maniot chieftains, 53, 72, 286, 393, 395, 436–7 opposition to Capodistrias, 436–7 seizes Kalamata, 65, 69, 227–8 virtual self-government in, 48–9 see also Mavromihalis, Petros (Petrobey, Bey of the Mani) Maniaki, battle at (1825), 293, 294 marriage alliances, 203–5, 365 Marseille, 190, 217–18, 219–21, 224–5, 241, 242, 335, 369 Masson, Edward, 446 Mavrokordatos, Alexandros alliance with the Hydriots, 110, 155–6, 273 and armatoles of western Rumeli, 103–6, 107, 164–5, 166–7, 273 background, 93–6 and Bentham, 248, 249 briefing paper on the Ottomans, 97–8 and Byron, 257, 258, 259 and campaign against Ibrahim, 289, 290 circle of, 98–100 defeat at battle of Peta, 125, 165–6, 230–31, 241 elected president of provisional government (1822), 111, 138, 155, 164 and Etaireia, 95–6, 460 and European language of government, 178–9, 212 four terms as Prime Minister, 445, 446 and Grabousa negotiations, 430 Greek warlords’ hatred of, 93–4 greets Cochrane, 369 ignores the Etaireia, 104–5 Kolokotronis’s threats against, 175–6, 256 lack of military skills, 165, 210 in Mesolonghi, 100–101, 102–3, 118, 165, 167–9, 304–5 national assembly at Epidavros (1821–2), 110–13 sees need for support of European powers, 94, 97, 106–7, 108, 109, 114, 176, 179, 180 opposition to Capodistrias, 435 and Otto’s arrival in Nafplion, 440 and philhellenic troops, 230–31 presides over Senate of western Greece, 164 and principle of legitimacy, 403 as product of the Enlightenment, 93, 112–13 reaches Mesolonghi (December 1823), 259 refuge in Hydra, 176, 256 and second Provisional Government, 175–6, 256 seeks support of the islands, 110 and the Shelleys, 96, 97 and siege of Mesolonghi (1822–3), 167–9 and siege of Mesolonghi (1825–6), 320 and Stanhope, 261–2, 263–4 and Varnakiotis, 103–6, 164–5, 166–7 Mavromihalis, Georgios, 69, 121, 122–3, 124, 252, 436 assassinates Capodistrias, 437–8 execution of, 438 as Ibrahim’s hostage, 290, 296, 297–8 Mavromihalis, Konstantinos, 295, 437 Mavromihalis, Petros (Petrobey, Bey of the Mani), 17, 21–2, 48–9, 50, 51, 61, 79–80, 191 age of during fighting, 196 becomes president (1823), 175, 256, 258 clan’s involvement in piracy, 429, 436 and financing of troops, 200 opposition to Capodistrias, 436–8 and Peloponnesian Senate, 77 secret communication with Ibrahim, 296 seizes Kalamata, 65, 69, 227–8 sends reinforcements to Mesolonghi, 168–9 sons as hostages, 62, 69, 290, 296, 297–8 and spoils of Tripolitsa siege, 87 as state counsellor to Otto, 447 Tripolitsa siege negotiations, 83–4 yataghan of, 202 Mavroyeni, Apostolos, 454–5 Mavroyenous, Mando, 203 Maximilian, Habsburg Archduke, 449 Mayer, Johan Jacob, 317, 319 Mazzini, Giuseppe, 326 McPherson, Charles, 413–14, 416–17 Mega Spilaio monastery, Kalavryta, 391, 392 Megara, 371 Mehmed Ali (Pasha of Egypt) birth of in Kavala, 276 crushes uprising in Crete, 279 evacuation from the Morea, 430–31 forces British out of Alexandria, 276 and France, 190, 277, 281–2, 335, 369 hereditary rule over Egypt and Sudan, 421 launches expedition to the Morea, 284–5 massacres the Mamelukes (1811), 276 modernizing rule in Egypt, 213, 277, 280–82 and Navarino Bay (1827), 421 ousts Khurshid Pasha in Egypt (1805), 276 promoted to Grand Vizier, 302 pursues Greek fleet, 301–2 and Sève, 281–2 spies of, 190, 191 Sultan sends to the Morea, 279–80, 303 and Treaty of London, 410, 419 Mehmed Emin Pasha, 209, 210 Mesolonghi, xxiv Byron chooses over Tripolitsa, 258–9 Byron in, 248, 259 Byron’s death in, 223, 242, 259–60, 263, 305, 326–7, 332, 402 Greek recapture of (1829), 441 joins uprising (May 1821), 102, 118 Mavrokordatos in, 100–101, 102–3, 104, 105–6, 118, 165, 167–9, 304–5 Muslims murdered in (1821), 102, 118 Ottoman armies threaten (1822), 125, 165, 166, 167 Ottoman armies threaten (1823), 173, 177, 258, 259 poor defences of, 167, 304–5, 313, 318 regional administration formed in, 104, 106, 110 remains in Ottoman hands (1829), 426 siege of (1822–3), 167–9, 174, 196, 209, 279 Mesolonghi, siege of (1825–6) death toll in, 317–18 delegation to Nafplion, 319–20 Egyptian forces arrive at, 309–10 enslavement of Greek survivors, xxxiii, 313, 317, 337–8, 339–40, 341, 342, 343–4, 347, 379 final attempt to flee to mountains, 313–17, 318, 320–21, 325, 339, 454 Franklin gun emplacement, 306, 307 galvanizes European public opinion, 310, 326, 327–35, 337–8, 344–5, 346–7, 379 geography of, 167, 305–6 government’s failures over, 309, 310, 321–3 Greek bands in the mountains, 307, 308, 314, 316, 317, 324 Greek refusal to negotiate a surrender, 306, 310, 312, 313, 324–5 Greeks’ destruction of the earthworks, 307–8 Ottoman forces, 304, 306, 307, 311–12, 315, 318 and Spiromilios, 318–22 starvation at end of, 197, 311, 312, 324 supply route through lagoon, 305–6, 310 surviving soldiers, 169, 353, 354–5, 357, 444 town sacked at end of, 316–17, 326, 329, 332, 334–5, 348 town’s defences, 304–5, 308, 313, 317, 318 unity of Greeks during, 305, 308–9, 313, 324–5 women and children sold into slavery after, xxxiii Messenia, 57, 69, 286–98, 309, 392–5, 426, 439–40 Metaxas, Andreas, 353 Metaxas, Konstantinos, 159–60 Methoni, 286, 290–91, 297, 309, 340–41, 410, 431 Metsovon, 278 Metternich, Prince, xxvi, 31, 35–6, 78, 96, 123, 142, 397, 405 and Canning, 213, 404, 406, 407 at Congress of Vienna (1814–15), 4, 5, 6, 7, 8 detains Greek emissaries to Pope, 252 Mavrokordatos’s paper on the Ottomans, 97 public opinion as threat to, 13 and secret revolutionary network, 12, 69 tensions with Tsar Alexander, 406, 407 Meyer, William, 39, 42–3, 45, 118, 123, 125, 128, 129 Miaoulis, Admiral, 139, 153, 290–91, 302, 306–7, 310, 311, 312, 320, 369–70, 436 in Otto’s entourage, 440 Mihalbey, Garafilia, 452 Milios, Spiros (Spiromilios), 193, 318–21, 322, 325 Miller, Jonathan, 376, 380, 381, 382, 383, 452 Millingen, Julius, 115, 178–9, 290 Milos, island of, 146, 148, 160 Miltiades, Lukas, 452 Mistra, 71, 296, 297, 298 Mitropetrova (brigand chief), 388 Mitylene, 143 Modon, siege of, 270 Moldavia, Ottoman province of, 15, 18, 19, 22–3, 24–31, 32 Monemvasia, 50, 83, 186 Monroe, James, 399–401 Moore, Thomas (poet), 251 the Morea (Peloponnese), xxix, xxxi, xxxiii Albanian raids of late eighteenth century, 383 Albanian-speaking villages, 49–50 blood-brotherhood (adelfopoiisi) in, 51 and civil war, 176, 267, 268, 272–3, 287, 288, 292, 351, 355, 356, 388 districts (kazas), 48 Dramali pushes into, 126–7, 171, 187, 209 Egyptian invasion (1825), 274, 284–6, 405 elite regional class solidarity in, 53–4 eradication of Ottoman past, 186 Etaireia’s influence in, 17, 57–62, 65–6, 70 and Etaireia’s original plans, 21–2, 68–9 fall of Nafplion, 173 French topographical/scientific surveys, 431 hierarchical social structure, 49–50, 78–80 hostility to Phanariot newcomers, 106 Ibrahim Pasha’s campaign in, 286–99, 302, 340–42, 346–7, 349, 376, 382, 383, 387–94, 412–13, 420, 461 klefts of, 17, 52–3, 54–6, 68, 74–5, 383, 388 lack of Greek political leadership in, 76–7, 81–2, 90–91, 106 land ownership in, 47, 48–50 Muslim-Christian relations in, 50–51, 53–4, 55–6, 66–8 opposition to Capodistrias, 436 Ottoman administration in, 47–9, 50, 51–3, 55–6, 66–7 Ottoman capitulation in, 70–71 Ottoman counter-attacks (April 1821), 73–4 Ottoman fortresses of south-west, 46–7, 66, 69 Ottoman invasion of (1822), 126–8, 169, 171, 173, 187, 200, 209 outbreak of bubonic plague (1828–9), 432 outbreak of insurgency (late March 1821), 33, 64–70, 99–100 Peloponnesian Senate, 57, 76–7, 79, 80–81, 107, 109–10, 112, 244 and refugee crisis, 378 Russian-inspired uprising, 46, 47, 51–2 Sultan orders Mehmed Ali to invade, 279–80, 303 wave of local submissions in, 387–93 Ypsilantis awaited in, 26, 58–9, 60, 61, 63, 65 moustaches, 354 Müller, Christian, 241 Muslim populations, xxvii absence of in historiography, 186 baptism option in Greece, 188, 189 close ties between armatoles and beys, 115–16, 117–18 on Crete, 278–9 disdain towards Christian reaya, 184 excluded from provisional constitution, 113 Greek fleet attacks pilgrims, 141, 143 as Greek hostages, 72 killed on Santorini, 159–60 land ownership in Peloponnese, 47 mass killing of in Greek imagination, 185 massacre of at Galati, 26, 31, 32, 33, 183 massacre of in Langadia, 73 massacred on Hydra (1825), 291–2 minority population in Rumeli, 387 in the Morea, 46–8, 49–50, 51, 53–4, 55–6, 66–8, 71, 72–3, 74, 82–3, 86, 88, 183, 184, 186, 188–9, 236–40, 315 Muslim slaves kept by Greeks, 382 the Quran and slavery, 336 retreat of Lala Muslims to Patras, 76 slaughter of at Tripolitsa, 86, 88, 183, 184, 186, 315 Sultan incites violence by, 33, 35, 182–3, 206, 207, 208 survivors in western Greece, 186 n western Greece, 101, 102, 116–19 women enslaved by Greeks, 188–9 Musta Bey, 361–2 Mykonos, island of, 155, 160, 429 Nafpaktos, 201, 206 Nafplion arrival of loan in, 266, 268–9, 270 battle at the Lerna mills (1825), 295–6 brutality of Grivas in, 200, 423–4, 439 Capodistrias arrives in, 423–4 Capodistrias assassinated in (1831), 437–8 Dramali Pasha pushes towards (1822), 126–7 Egyptians approach, 294, 295 government based at, 292–3, 304, 310, 319–20, 324, 349, 353, 355–6, 363 holds out against Ibrahim, 302 humanitarian aid arrives at, 366, 380–82 Kolokotronis–Grivas conflict in, 204, 380–81, 391, 394 Koundouriotis’s departure ceremony, 288 looting of, 200 Mesolonghi survivors in, 353, 354–5, 357 Muslims in, 71, 74, 188, 189, 197, 430 Otto’s arrival in (1833), 440–41, 455 Rumeliot bands in, 204, 353–5, 439 siege of, 173, 197, 203, 230, 430 statue of Kolokotronis in, 454 Naoussa, 123, 183 Naples, 20, 54, 108, 213, 224, 318, 344–6, 399, 402, 452 Napoleon and Constantin Bourbaki, 365–6 death of (May 1821), 222, 281, 326 invasion of Egypt, 276, 286 Mehmed Ali’s regard for, 277, 281 posthumous impact of, 222–3, 326 Napoleonic Wars, 3, 4, 5–6, 16, 49, 53–4, 219, 369–70 demobilisation after, 54–5 nation state, notion of, xxi, xxxii, 178–9, 185, 363, 364, 365, 377–8 opposed at Congress of Vienna (1814–5), 4, 5, 8 and philhellenism, 218, 219 theory of nationalities, xxii Navarino, 197, 227, 286, 289–90, 309 Navarino Bay, battle of (October 1827), 395, 406, 413–20, 423, 427 Naxos, island of, 148, 157, 158, 428, 429, 459, 460 Neezer, Christopher, 441–2 Negris, Theodoros, 106, 107, 110, 111–12 Nenekos, Dimitrios, 388–90 Neokastro, 184, 289 Neroulos, Iakovaky, 445 Nesselrode, Count, 279, 406 New York City, 379, 380, 382, 452, 458 news and information, 190–94 Nicholas I, Tsar, 407, 408 and Russo-Turkish war (1828–9), 418, 432–3 Niebuhr, Barthold Georg, 92, 235 Nikitaras (Nikitas Stamatelopoulos, the ‘Turk-eater’), xxiii, 55–6, 69, 203, 288, 386, 393–4, 395 Notaras, Ioannis, 356–8, 366 Notaras, Panoutsos, 272, 356, 438–9 Notaras family, 204, 287, 293, 356–8, 365, 366, 381–2, 385, 436, 446 Odessa, 7–9, 10–11, 14, 20, 23–4, 25 Etaireia shut down in, 36 Gregorios V buried in, 34 news of rebellion celebrated in, 27 Oikonomos, Constantinos, 34 Oikonomou, Antonios, 133–5, 136, 141 Olympos, 200 Omer Vryonis Pasha, 116, 166–7, 168, 169, 170, 209, 210, 231, 304, 360 opium war, second, 246 Orlandos, Anastasios, 152 Orlandos, Ioannis, 176, 258–9, 263, 265 d’Orleans, Duc, 327–8, 333, 344, 434 Orthodox Church, xxi, xxvi, xxvii, xxx–xxxi in Aegean islands, 143–4, 163 bishops as Ottoman hostages, 62–3 collapse of hierarchy of (1820s), 459 ecclesiastical and Byzantine law, 113, 262 and the Etaireia, 11, 13, 144 Holy Synod, 459 Ottoman hanging of Gregorios V, 33–4, 84, 88, 141, 185 in Peloponnese, 46–51, 53–4, 55–6, 66–8 populations in Anatolia, 387 and provisional constitution (1822), 112, 113 Russia as protector of Orthodox populations, 9, 213–14 Russian solidarity, 6–7, 9, 10, 213–14 vision of kyr Daniel, 185 Otto von Wittelsbach (first king of Greece), xxiii, xxxi arrival of (1833), xxxii, 440–41, 455 and Bavarian patronage, 444 chooses Athens as capital, 442, 443 and the Etaireia, 444–5 flees Greece (1862), 449 formally offered the crown, 434 national assembly approves as king, 438–9 residence in Athens, 443 three regents of, 441, 443, 446 visits new church on Tinos, 458, 459 Ottoman Empire anti-Christian violence/reprisals (spring 1821), 33–5, 36, 84, 88 ayans (provincial potentates), 47 brutal crushing of Morea rising (1770), 51–2 fiscal crisis of, 49, 208, 210 hanging of Gregorios V by, 33–4, 84, 88, 141, 185 hostage taking by, 50, 51, 62–3, 68, 69, 70, 149 massacres as lawful in rebellious areas, 183 not at Congress of Vienna, 6 regional administration, 47–9, 50, 51–3, 55–6, 66–7, 169–70, 384 Russo-Turkish war (1828–9), 418, 421, 432–3, 461 Saudi revolt in the Hijaz, 277, 280, 420 sense of strategic vulnerability, 208–9 war against the Qajars, 207 war with Egypt (1831), 421 war with the Russians (1769), 10, 132 and Ypsilantis’s expedition, 23, 25, 26, 28, 30, 31, 32, 33 Ottoman fleet in Aegean, xxii, 159–60, 162, 456 in Alexandria, 301–2 at Chios, 150, 151, 152–5 crews from Hydra, 132, 137 destruction of Psara (1824), 131, 162, 270, 282, 283–4 firepower of, 131, 137 fireships used against, 147–8, 153, 209, 230, 269, 285, 290–91, 300–301, 306–7, 374–5 hesitancy in deployment of, 208–9 kapudan pasha (imperial admiral), xxii, 132, 134 at Navarino Bay (October 1827), 413–18, 419–20 poor command of, 213 and siege of Mesolonghi (1825–6), 306–7 sweeping reform of, 270, 283, 303 and Turco-Egyptian flotilla (1824), 285 Ottoman forces Albanian troops, xxix–xxx, 71, 76, 82–3, 84–5, 198–9, 209–10, 279, 291 arrival in Corinth, 126 in Arta, 125, 165 campaign against Ali Pasha, xxix, 20, 40–43, 45, 73, 74, 101, 102, 116–20 cavalry, 196 incompetence of campaign in Greece, 169 invasion of the Morea (1822), 126–8, 169, 171, 173, 187, 200, 209 janissaries eliminated (1826), 280 modernized on Egyptian model, 433 need for military reform, 280 outsourcing of soldier recruitment, 199, 210 peacetime garrisoning of the Morea, 73 in Peloponnese, 47, 73 quarrels among the Pashas, 210 resurgence of (spring 1822), 125–6, 165–6 and organization of, xxii–xxv, 42, 182, 207–8 ‘Turks’ fighting for, xxix weaknesses of, 207–8, 210, 213 d’Oysonville, Comte, 421 Palma, Count, 268 Papaflessas (Grigoris Dikaios), 57–60, 61, 66, 76, 132, 133, 203, 272 death of at Maniaki, 293, 294 marches towards Tripolitsa, 69 as minister of the interior, 175 Papatsonis family, 293 Papoulakis (holy man), 384–6, 387 Paros, island of, 148 Parry, William, 248, 259 Pasha of Skodra, 209 ‘Barbarization’ project, 346, 407 Patras, 100, 102, 126, 127, 190, 203, 309, 392 and Ali Pasha, 44–5 fighting breaks out in (March 1821), 64, 65, 68 French topographical survey of, 431 retreat of Lala Muslims to, 76 siege of, xxix, 195, 196, 197–8, 209–10, 245, 270, 271–2, 388–9, 426 Yusuf Pasha in, 73–4, 83, 209–10 the Peloponnese see the Morea (Peloponnese) Perraivos, Christoforos, 43–4, 45, 61, 111, 175, 193 Persat, Maurice, 222, 224, 235–6, 239, 240, 241 Peru, 368 Petala, island of, 310, 320–21 Petra, battle of (1829), 433 Phanariot nobility, 18–20, 78–9, 91, 175 and animosity towards the ‘foreign-born’, 59, 93–4, 106, 174 and elite impoverishment, 203 at Epidavros national assembly, 111–12 hospodars of Danubian Principalities, 23, 24–5 Karatzas family, 93, 95, 106, 205, 445 Ottoman theme of betrayal by, 33 positions of power in new Greece, 445 philhellene volunteers, xxv, 220, 224–8, behaviour of, 233 consciousness of a European public, 234–5 defeat at battle of Peta, 165, 230–31, 241 defence of Muslim women or children, 236–40 and experiment to form a regular army, 228–31 finances of, 219–20, 229, 233–4 former soldiers, 220, 221–2 hardships suffered by, 231–4, 235–6 influx of foreign fighters (1826–7), 365–8 journeys to Greece, 217–18, 219–21, 224 local attitudes to, 231–3 and lustre of heroism, 220, 223–4 Marseille as gathering point, 217–18, 219–21, 224–5, 242 no ideological uniformity, 224, 226 Ottoman treatment of captives, 231 posthumous impact of Napoleon upon, 222–3 return to Marseille, 241 sailing of the St Lucie (October 1821), 218 and Santa Rosa’s death at Sfakteria, 289–90 at siege of Mesolonghi (1822–3), 169 social make-up of, 219, 220, 221–2, 224–5 stories of disillusionment and dismay, 241–2 as witnesses to Greek atrocities, 236–40, 372–3 philhellenism fashion and clothing, 217 in France, 218, 219–22, 226, 327–35, 359, 366, 378–9, 401–2 funds raised during siege of Athens, 365, 366 Greek Committee of New York, 379, 380, 382, 452, 458 as international humanitarian intervention, 236–7, 379–82, 451–2 as mostly martial in orientation, 378–9 and the nation state, 218, 219 and racism, 338–9 tolerance of American slavery, 452 Piedmont, 20 constitutionalist revolt in, 96, 100, 108, 399, 452 piracy, xix–xx, xxii, 140–42, 162, 323, 428, 436 coordinated international campaign against, 429, 435, 436 Grabousa as base, 429–30 privateering licences, 323, 428–9 quasi-piracy of Greek forces, 322–3 Pisa, 95–7, 98–100, 178, 179, 244–5 plague, bubonic, 432, 434, 457, 458 Plapoutas (Dimitris Koliopoulos), 55–6, 111, 188, 205, 296, 440 tried for treason (1834), 446–7 Poland, 4, 434, 452, 453 political philosophy concept of legitimacy, xxi, 35, 75, 94, 105, 114, 123, 156, 272, 345, 402–3, 405 concept of sovereignty, xxi, xxxii, 402, 425–6 republicanism, xxiv, xxvii, 3, 140, 224, 249, 338, 399, 401, 402, 403, 433, 453 Polychroniades, Konstantinos, 98, 108–9, 178, 241 Polyzoidis, Anastasios, 111, 112, 249, 266 Poros, island of, 374, 436 Post, Henry, 381 Powers, Hiram, The Greek Slave, 452 Pradt, Abbé de, 234, 401, 403 Praïdis, Georgios, 98–9, 100, 257 Preveza, 115–16, 123, 209, 339 Prince Pückler-Muskau, 458 Provisional Government, first (1822–3) administrative apparatus, 156–63 commitment to a national fleet, 155–7 Mavrokordatos elected president, 111, 138, 155–6, 164 military chieftains marginalised, 175 Morea’s wealth outside reach of, 243–4 revenue-raising powers, 156–63 seeks foreign loans, 244–6, 251–3, 258–9, 262–3 Provisional Government of Koundouriotis (1823–6) based in Hydra, 163, 273 and civil war, 272–3, 287, 288 complacency over Egypt, 286–7 and deployment of the loans, 267, 268, 269–70, 271–2, 273, 285, 287, 291 and Executive accountability, 270–71 failure to improve fortifications, 269, 270, 286 formed by legislature (end of 1823), 177–8 and Ibrahim’s campaign in the Morea, 286–9 issues privateering licences, 323, 428–9 and redeeming of Greek slaves, 343 releases Moreot leaders from Hydra, 292–3 and siege of Mesolonghi (1825–6), 304, 309, 310, 319–20, 321 Provisional Government, second (1823–5) Mavrokordatos in, 175–6, 256 Mavromihalis as president, 175 splits (end of 1823), 177–8 Psara, island of Stratford Canning visits, 406 destruction of (1824), 131, 162, 270, 282, 283–4 exempted from prefectural rule, 156 hesitates to join rising, 137–8 and insurgency on Samos, 147 and refugees fleeing Ottomans, 145 Psychoundakis, George, 193 Pushkin, Alexander, 9, 24, 27, 31 Eugene Onegin, 326 Pylos, 431 Qajars, 207 Raghib Pasha, 451 Rangos, Ioannis, 454 ransom, economics of, 188 Raybaud, Maxime, 81–2, 84, 90, 103, 239–40, 241, 454, 456 refugee crisis aid, 379–82, 451–2 on Aigina, 377, 381 escapees from Chios, xx, 145, 150, 152, 154, 162, 457 escapees from Psara, 284 flight from Aivalik, 378 flight from Egyptian advance, 378, 382 flight from Notaras cousins, 381–2 and the Greek nation, 377–8 international attentiveness to, 379 and the Morea, 378 Rhodes, 143, 148, 252 Rigny, Henri de, 161, 295, 359–60, 375, 376, 407, 409, 411, 420 roads, 192, 431, 435 Romas, Dionysios, 243 Romanians, xxvii, 23, 27–8, 29 Romantic imagination Chateaubriand’s Atala, 401 and death of Byron, 326–7, 332 Lemaitre on, 222 posthumous impact of Napoleon upon, 222–3, 326 and siege of Mesolonghi (1825–6), 326–7, 331–2 Romei, Giovanni, 339–40 Romëiko, xxviii–xxix, 45, 64, 67, 71, 81, 185, 448, 456, 461 Romioi (Greek Orthodox Christians), xxvii, xxviii Ross, Ludwig, 440 Rossini, Gioachino, Le Siège de Corinthe, 329–31 Rumeli, xxvi, xxix alliance with the islanders, 112, 267, 269–70 Assembly of Western Continental Greece, 106–7 collapse of Albanian–Greek alliance, 118–19, 125 doubts about Greek cause in, 103–4, 109 Karaïskakis’s victories (1826–7), 361–3 mapping of frontier in, 439 Ottoman state reasserts itself, 439 Ottoman victory at Peta, 125, 165–6, 230–31, 241 philhellene volunteers in, 232 Senate of western Greece, 164, 244 strategic importance of Patras for, 73–4 Rumeliot bands chieftains, 103–4, 111, 116, 128, 177, 230, 270, 272–3, 305, 323, 324, 350 and civil war, 267, 268, 269–70, 272–3, 287–8, 292, 355, 388 and ‘Great Idea’ of a larger Greece, 448 and Kolettis, 267, 269, 272, 273, 288, 293 in Nafplion, 204, 292–3, 353–5, 380–81, 439 return north (1827), 394 return to homelands (1825), 292 Rumeliot–Moreot tensions, 177, 204, 267, 272–3, 287–8, 292, 353–5, 380–81 see also armatoles Russian Empire and Ali Pasha, 40, 41 Anglo-Russian negotiations, 406–7 army of, 24, 182 at Congress of Vienna (1814–5), 3–7 conquers the Crimea, 9 Etaireia’s influence in, 17 fleet at Navarino Bay (October 1827), 395, 413–20 fleet sails to Levant, 407, 408–9 Greek princely families in service of, 9–10 Greek settlers in Crimea, 9, 27 Greeks of southern Russia, 8–11, 17 joint fleet to enforce Treaty of London, 409–18 as protector of Ottoman Orthodox populations, 9, 213–14 push south to Black Sea, 6, 7–8, 9, 10 and ransoming of Greek slaves, 336, 343 Russo-Ottoman antagonism, 5–6, 32, 35, 404–5 and Ypsilantis’s expedition, 28, 30–31 Russo-Turkish war (1806–12), 23 Russo-Turkish war (1828–9), 418, 421, 432–3, 461 Safakas, Andritsos, 206 Sainte-Beuve, Charles Augustin, 223 Saint-Vincent, Bory de, 431 Salafatinos, Ilias, 461 Salamis, island of, 176, 360, 366–7, 375, 381 Salona, 102, 171, 304, 349 Salonica, 34–5 Samos, island of insurgency breaks out on, 146–7, 150–51 Lykourgos’s expeditionary force to Chios, 149–52 motives for Chios intervention, 149, 150 Ottoman efforts against, 147, 148 Samothraki, island of, 182, 183 Santorini, 144, 145–6, 148, 158–60, 302 Sardinia, 4 satire, political, 176 Schinkel, Karl Friedrich, 442 Second World War, 193 Sekeris, Panayiotis, 16, 17, 243, 244, 444 Selim III, Sultan, 136 Serbia, xxvii, 6, 20, 22–3, 25, 46, 121, 418 Serifos, island of, 144, 145, 428 Sève, Joseph Anthelme (Soliman Bey), 280–82, 309, 321, 341–2 Sfakteria, island of, 289–90 Shelley, Mary, 96, 99 Shelley, Percy, 224, 257 Hellas, 96, 97, 223 Ode to Liberty, 96–7 ‘Written on Hearing the News of the Death of Napoleon’, 223 shipping conditions in eastern Mediterranean, 137 coordinated anti-piracy campaign, 429, 435, 436 of Greek maritime islands, xxx, 110, 111, 131–46, 148, 149, 151–3, 155–8, 160, 161, 267, 269–70, 282–4 impact of piracy on, 428 mercantile activity during war, 137 Ottoman maritime policies, 136 prosperous shipowners, xxiv, 81, 110, 111, 132, 133, 134–6, 176, 177, 211, 258, 273, 435–6 size of Greek merchant marine, 131, 136–7 at Syros, xx, 436 see also Greek revolution, GREEK FLEET siege warfare, 196–8 Sifnos, island of, 144 Simi, island of, 283 Sisinis family, 293 Skopelos, island of, 160 Skoufas, Nikolaos, 8–9, 14, 16 Skyros, island of, 252 slavery, xxii, 50, 83, 121, 183, 283 auctions on Syros, 162 and brutality on Chios, 151, 152, 153–4, 335, 336, 450–51 Cairo slave market, 451 European hypocrisy over, 336–7 fate of Mesolonghi slaves, 339–40, 342, 343–4 and France, 337–9 Haitian revolution, 337, 338 and Ibrahim’s campaign in the Morea, 297 Ibrahim’s campaign in the Morea, 387, 388 as key issue in shifting European opinion, xxiii, 326, 336–8, 344, 345–7, 379 Muslim slaves kept by Greeks, 382 Ottoman history of, 335–7 Ottoman markets saturated, 335–6 and philhellenic racism, 338–9 prohibited by 1823 constitution, 162, 175 redeeming of Greek captives, 336, 343–4 and siege of Mesolonghi (1825–6), xxxiii, 313, 317, 337–8, 339–40, 341, 342, 343–4, 347, 379 Soliman Bey’s harem, 341–2 in USA, 452 Smyrna, 34–5, 141, 142, 143, 146, 150–51, 162 massacres of Greeks in, 182 slave markets in, 152, 153–4 Sofikos, 357–8, 381 Solomos, Dionysios, 284 Souliot bands and Ali Pasha, 44, 117, 118 and Byron, 199, 259, 380 and campaign against Ibrahim, 289 captives exchanged for Khurshid’s harem, 122, 123 chieftains, xxx, 44, 111, 117, 267, 289, 305, 308, 353; see also Botsaris, Markos; Tzavellas clan Christianity of, xxx, 44, 117, 118–19 death of Botsaris, 209 and defeat at Peta, 165 factionalism and regionalism of, 117, 364 Khurshid forces from homelands, 125, 129 Muslim Albanian leaders break with, 118–19, 125 in Nafplion, 353–4 and Perraivos, 44, 111 and siege of Athens (1826–7), 374 at siege of Mesolonghi (1822–3), 167–8, 174 at siege of Mesolonghi (1825–6), 305, 307, 308, 324 Tzavellas clan, 196, 204–5, 289, 312, 320, 343, 374, 454 South America independence movements, xxi, 222, 224, 232, 247, 253, 401, 452 new states of, 249, 399, 400 Soutsos, Michalis (hospodar of Moldavia), 24–6, 27, 28, 30, 31, 445 Spain constitution (1812), 4 constitutionalist coup in (1820), 20, 30, 35, 96, 108, 213, 246, 253–4, 399, 400, 402, 452 South American colonies, xxi, 222, 224, 232, 247, 253, 399, 400, 401, 452 Spanish Civil War (1936–9), 218 Spetses, island of behaviour of ships from, 142, 143 depopulation after revolution, 455 and Etaireia, 59, 133 exempted from prefectural rule, 156 fleet as core of Greek navy, xxx, 131, 137, 267 funding of fleet, 269–70 support for insurrection, 60, 132, 135–6, 138 troop reinforcements to (1825), 287 and Ypsilantis, 21 Spiliades, Nikolaos, 357 the Sporades, 200 spying, 190–91, 232–3 St Petersburg, Protocol of (1826), 406, 407–8 Stanhope, Leicester, 5th Earl of Harrington, 260–62, 263–4, 266, 267, 268 Stavros, Georgios, 436 Stefanitsis, Petros, 316 Stefanou, Panayiotis Marinos, 122, 123–4 Stendhal, 328–9, 332 Stourdza, Roxandra, 3, 9–10 Strangford, Lord, 336 Stuttgart, 219, 224–5 Swan, Charles, 297–8, 458 Symi, island of, 143, 145 Syros, island of, xix–xx, xxi asks Spetses for reinforcements, 145 Catholics on, 161 French Levant squadron at, 161 Hydriot flotilla at, 161–2 as key market in the Aegean, xxii, 162–3 notables continue paying Ottoman taxes, xxii, 161 Ottoman emissary to, 143 Ottoman fleet pays annual visit (1823), 162 as peacetime centre of maritime economy, 436 refugees from Chios on, xx refugees from Psara on, 284 Taganrog, monastery at, 10 Tarella, Pietro, 230 taxation, xxiv, 49, 53, 156–63, 358, 390–91, 424, 436 Tennant, Charles, 218 Tertsetis, Georgios, xix, 449 Thasos, island of, 182, 277 Thebes, 188, 351–2 Themelis, Dimitrios, 144–5, 147 Thessaly, 13, 27, 40, 111, 126, 127, 177, 182, 183, 304 Thrace, 182 Tinos, island of, 142–3, 148, 200, 429, 459 Chiot refugees on, 154, 459 convent on Kechrovouni mountain, 456–60 discovery of icon, 457 Kagkadis brothers on, 459–60 Pelagia’s church on, 457–60 Tocqueville, Alexis de, 379 Tombazis, Iakovos, 138, 142–3, 300–301 Tositsa, Michalis, 278 tourism to the Acropolis, 443, 455 first tickets in Athens (1835), 443 during war, 190, 233 trade and commerce continues during war, 189–90 downturn after Napoleonic Wars, xxiv financing of military effort, xxiii France’s Levant trading community, 219 grain trade, 10, 14 and Greek language, xxvi Greek merchants in Odessa, 7–8, 10–11 Greeks of southern Russia, 7–8, 10–11 growth of Syros, xx, xxi south Russian wheat trade, 136 and work of Etaireia, 11 Travels of the Young Anacharsis in Greece, xxvi Trelawny, Edward, 170, 233, 255, 256, 257, 258, 261, 266, 268, 454 Trikoupis, Spyridon, 98, 131, 132, 299–300, 446 Tripolitsa, 46, 47–8, 55, 56, 59–60, 61, 62–3, 66, 68, 71 epidemics in after fall of, 110 French topographical survey of, 431 hostage crisis, 62–3, 68, 69, 70 as Ibrahim’s centre of operations, 295, 296, 297, 298, 309 islanders/Rumeliots take (May 1824), 268 Kehayia Bey reinforces, 74 Kolokotronis enters (1825), 293–4 Kolokotronis in de facto control of, 173 Mavrokordatos smuggled out of, 176, 256 Mavrokordatos visits, 106 sack of, 200, 229, 235–6, 237, 239, 243 siege of, 75–6, 81, 82–7, 121, 123, 176, 188, 209, 228 slaughter in after fall of, 86, 183, 184, 186, 315 Troezen, 407–8, 425, 451–2 Troppau, Congress of (1820), 398 Tsakalof, Athanasios, 8–9, 14, 29, 95 Tsamados, Anastasios, 192, 289 Tunisia, 451 ‘Turk’ term, xxix Tzavellas clan, 204–5, 312, 320, 343, 374, 447, 448, 454 Tzia, island of, 141, 200, 322 United Nations, xxii United States of America aid to Greek non-combatants, 379–82, 451–2 American Civil War, 453 and Chateaubriand, 401, 402 coronavirus pandemic, xxxiv gaining of independence, xxi Greek Committee of New York, 379, 380, 382, 452, 458 Monroe Doctrine, 399–401 philhellene’s tolerance of American slavery, 452 presence in eastern Mediterranean, 429 Varnakiotis, Georgios, 103–4, 105–6, 116, 169 battle of Aetos, 166 chooses the Turks, 166–7, 169–70, 387 and Mavrokordatos, 103–6, 164–5, 166–7 Varvakis, Ioannis, 10, 243 Vasiladi, island of, 310, 320, 343 Vasiliki, Kyra (wife of Ali Pasha), 38, 119, 120, 129, 130 Velestinlis, Rhigas, xxvii Veli Pasha, 53–4 Venice, xxx, 4, 5 Venus de Milo, 226, 332 Verona, Congress of (1822), 404–5 Vervena, 74, 296, 297 Vienna, Congress of (1814–15), 3–7, 8, 336, 387 Vlachoyannis, Giannis, 149 Vladimirescu, Tudor, 25, 31 Vonitsa, 433 Vostitsa, 59–60, 64, 66, 70, 76, 221, 392 Voulgari, Stamati, 424 Voulgaris, Georgios, 134 Voutier, Olivier, 234, 240, 241, 332 Vrachori, 104 Vryzakis, Theodoros, 64 Waddington, George, 199–200, 265 Walker, David, 452 Wallachia, Ottoman province of, 15, 18, 22–3, 25, 31, 93 warfare economics of soldiering, 198–203 fighters’ access to food, 195–6, 200 Greek fear of fighting in the open, 359, 371, 374 international law of, 453 outsourcing of soldier recruitment, 199, 210 principles of mountain warfare, 196 and seasonal farming economy, 168, 195, 209, 210 sieges, 196–8 Wellington, Duke of, 419 Wilson, Samuel Sheridan, 268, 271 women, xxv barred from the Etaireia, 11 and Comité Grec, 328–9, 333–5 enslaved at Mesolonghi, 313, 317 enslaved by Egyptian forces, 283 fates of females enslaved, 451 and funeral laments, 187 of Khurshid Pasha’s harem, 85, 86–7, 121–5, 129 Muslims enslaved by Greeks, 188–9, 238–9 neglected by historians, 454 philhellenist fighters, 221 slaughter of at Tripolitsa, 86 Soliman Bey’s harem, 341–2 status in Ottoman lands, 124–5 Woolf, Leonard, xxii Woolf, Virginia, 455 Xanthos, Emmanuel, 8–9, 14, 18, 68–9, 444 Xenos brothers, 190, 320 Ypsilantis, Prince Alexander accepts leadership of Etaireia, 18–20, 95 as aide to the Tsar, 10 and Ali Pasha, 43 awaited in the Morea, 26, 58–9, 60, 61, 63, 65 character of, 19 and claims of Russian support, 19, 28, 29, 30–31, 59, 109, 211–12 first proclamation on Ottoman soil, 27–8 and Greek notables in Morea, 57, 59 idea of seeking a foreign loan, 244 Ignatios on, 96 letter to Stroganov in Constantinople, 27, 32 letter to the Tsar (spring 1821), 30–31 political ineptitude, 19, 28, 30–31, 32, 108–9 radical change of plan (October 1820), 22–4, 58, 60 sends brother Dimitrios to the Morea, 30, 77–9 uprising postponed until spring (November 1820), 24–5 Ypsilantis, Prince Dimitrios arrives at Hydra, 77, 78, 144–5 arrives in the Morea, 77–9 battle at the Lerna mills (1825), 295 death of (1832), 440 defends Argos, 127 elected president of Peloponnesian Senate, 110 at Epidavros national assembly, 111 financial problems, 243–4 heads for Patras, 83 on humane treatment of prisoners, 83, 183 and Ibrahim’s campaign in the Morea, 295, 296 Kolokotronis’s lack of respect for, 89, 90, 230 loss of political authority, 81–2, 89, 90–91, 106, 107–8, 111, 210, 211, 212, 230 Mavrokordatos’s contempt for, 109 mercenary attitude of troops of, 200 named commander-in-chief, 80 paternalism of, 107–8 powerless over Greek atrocities, 239, 240 proclaims national assembly, 107–8 Raybaud’s description of, 81–2 sent to the Morea, 30, 77–8 and siege of Tripolitsa, 81, 83, 89 victory at Petra (1829), 433 and western Greece, 104, 105 Yusuf Pasha, 73–4, 83, 209–10 Zachos, John, 452 Zaimis, Andreas, 79, 261, 272–3, 352, 356–8, 368, 386, 446 Directing Committee (Provisional Government) of, 352, 354, 355–6, 405, 406 Zakynthos, 17, 54, 243, 262, 266, 267 Zante see Zakynthos Zaporozhian Cossacks, xxix THIS IS JUST THE BEGINNING Find us online and join the conversation Follow us on Twitter twitter.com/penguinukbooks Like us on Facebook facebook.com/penguinbooks Share the love on Instagram instagram.com/penguinukbooks Watch our authors on YouTube youtube.com/penguinbooks Pin Penguin books to your Pinterest pinterest.com/penguinukbooks Listen to audiobook clips at soundcloud.com/penguin-books Find out more about the author and discover your next read at penguin.co.uk PENGUIN BOOKS UK | USA | Canada | Ireland | Australia New Zealand | India | South Africa Penguin Books is part of the Penguin Random House group of companies whose addresses can be found at global.penguinrandomhouse.com.


pages: 209 words: 53,175

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel

airport security, Amazon Web Services, Bernie Madoff, book value, business cycle, computer age, Cornelius Vanderbilt, coronavirus, discounted cash flows, diversification, diversified portfolio, do what you love, Donald Trump, financial engineering, financial independence, Hans Rosling, Hyman Minsky, income inequality, index fund, invisible hand, Isaac Newton, It's morning again in America, Jeff Bezos, Jim Simons, John Bogle, Joseph Schumpeter, knowledge worker, labor-force participation, Long Term Capital Management, low interest rates, margin call, Mark Zuckerberg, new economy, Paul Graham, payday loans, Ponzi scheme, quantitative easing, Renaissance Technologies, Richard Feynman, risk tolerance, risk-adjusted returns, Robert Gordon, Robert Shiller, Ronald Reagan, side hustle, Stephen Hawking, Steven Levy, stocks for the long run, tech worker, the scientific method, traffic fines, Vanguard fund, WeWork, working-age population

If you’re projecting your income, savings rate, and market returns over the next 20 years, think about all the big stuff that’s happened in the last 20 years that no one could have foreseen: September 11th, a housing boom and bust that caused nearly 10 million Americans to lose their homes, a financial crisis that caused almost nine million to lose their jobs, a record-breaking stock-market rally that ensued, and a coronavirus that shakes the world as I write this. A plan is only useful if it can survive reality. And a future filled with unknowns is everyone’s reality. A good plan doesn’t pretend this weren’t true; it embraces it and emphasizes room for error. The more you need specific elements of a plan to be true, the more fragile your financial life becomes.


pages: 173 words: 55,328

Last Best Hope: America in Crisis and Renewal by George Packer

affirmative action, Affordable Care Act / Obamacare, Alan Greenspan, anti-bias training, anti-communist, Berlin Wall, Bernie Sanders, Big Tech, BIPOC, Black Lives Matter, blue-collar work, Branko Milanovic, British Empire, business cycle, Capital in the Twenty-First Century by Thomas Piketty, collective bargaining, coronavirus, COVID-19, crony capitalism, defund the police, deindustrialization, desegregation, disinformation, Donald Trump, failed state, fake news, Fall of the Berlin Wall, Ferguson, Missouri, fulfillment center, full employment, George Floyd, ghettoisation, gig economy, glass ceiling, informal economy, Jeff Bezos, knowledge economy, liberal capitalism, lockdown, Lyft, Mark Zuckerberg, mass immigration, meritocracy, minimum wage unemployment, new economy, Norman Mailer, obamacare, off-the-grid, postindustrial economy, prosperity theology / prosperity gospel / gospel of success, QAnon, ride hailing / ride sharing, road to serfdom, Ronald Reagan, school vouchers, self-driving car, Silicon Valley, social distancing, Social Justice Warrior, Steve Bannon, too big to fail, Triangle Shirtwaist Factory, Uber and Lyft, uber lyft, Upton Sinclair, white flight, working poor, young professional

A series of disasters, most of them self-inflicted, including Trump and the ravages of the pandemic, have thrown the shining city off its hill and down into the swarming world. Exceptional and Universal America finally ended in the early months of 2020, when the United States assumed (and would never relinquish) first place on the Coronavirus Worldometer, and Russia and Taiwan and the United Nations sent us humanitarian aid, and the world looked on in horror and pity. It was the pity that did it. We really weren’t doing so much worse than some others, but we were doing no better. Our quality of life placed us somewhere between Belgium and the United Arab Emirates.


pages: 467 words: 149,632

If Then: How Simulmatics Corporation Invented the Future by Jill Lepore

A Declaration of the Independence of Cyberspace, Alvin Toffler, anti-communist, Apollo 11, Buckminster Fuller, Cambridge Analytica, company town, computer age, coronavirus, cuban missile crisis, data science, desegregation, don't be evil, Donald Trump, Dr. Strangelove, Elon Musk, fake news, game design, George Gilder, Grace Hopper, Hacker Ethic, Howard Zinn, index card, information retrieval, Jaron Lanier, Jeff Bezos, Jeffrey Epstein, job automation, John Perry Barlow, land reform, linear programming, Mahatma Gandhi, Marc Andreessen, Mark Zuckerberg, mass incarceration, Maui Hawaii, Menlo Park, military-industrial complex, New Journalism, New Urbanism, Norbert Wiener, Norman Mailer, packet switching, Peter Thiel, profit motive, punch-card reader, RAND corporation, Robert Bork, Ronald Reagan, Rosa Parks, self-driving car, Silicon Valley, SimCity, smart cities, social distancing, South China Sea, Stewart Brand, technoutopianism, Ted Sorensen, Telecommunications Act of 1996, urban renewal, War on Poverty, white flight, Whole Earth Catalog

And yet Simulmatics’ legacy endures in predictive analytics, what-if simulation, and behavioral data science: it lurks behind the screen of every device. Simulmatics, notwithstanding its own failure, helped invent the data-mad and near-totalitarian twenty-first century, in which the only knowledge that counts is prediction and, before and after the coming of the coronavirus, corporations extract wealth by way of the collection of data and the manipulation of attention and the profit of prophecy. In a final irony, Simulmatics, whose very past has been all but erased, helped invent a future obsessed with the future, and yet unable to improve it. Simulmatics’ own origins lie still further back in time, in the early-twentieth-century science of psychological warfare: the control of people’s minds by assault, interruption, and distraction.

Kennedy and, 120, 167    — Johnson and, 75–76, 167, 182, 258    — reaction to space race and arms race, 78    — sit-ins, 101, 106, 196, 199, 234, 275    — Stevenson and, 42–43, 63, 66 Clark, Kenneth and Mamie, 85 Clinton, Bill, 303, 304 Clinton, Hillary, 303, 304 Cold War    — as battle over the future, 35, 208–9    — beginning of, 15    — in Burdick’s fiction, 28    — effects of, 49–50, 135, 163 Coleman, James    — American Sociological Association presidency, 303    — Bureau of Applied Social Research and, 84–85    — commodification of attention, 145    — Equality of Educational Opportunity (Coleman Report), 259, 303    — friendship with McPhee, 84–85, 87, 89, 137    — insufficiency of data for models, 145    — letter of support for Popkin, 310    — marketing for Simulmatics, 137, 142, 152    — preparation for 1962 Times election coverage, 154–55, 164, 362n    — Project Camelot, 209    — resignation from Simulmatics, 271    — riot prediction project, 260–62    — simulation games designed by, 258–59, 377n    — Simulmatics stock offering and, 139    — Simulmatics’ Urban Studies Division, 258–59 Coleman, John, 85 Coleman, Lucille (Lu) Ritchey, 84–85, 89, 144, 270 Coleman, Thomas, 85 Collingwood, Charles, 24–25 Collins, Ella, 252 Columbia Pictures, 173–74, 175, 364n Commission on Party Structure and Delegate Selection, 287 Committee for the Re-election of the President, 308, 309 Communications Act of 1934, 23, 316 compilers, 69, 70 “Computer Politics” (Kristol), 367n computer revolution    — ARPANET, 284, 296, 310–11, 312, 313–15, 316, 318    — hackers, 312, 313, 326    — no safeguards on data collection and analysis, 315, 323    — personal computers, 310, 313, 318    — Pool, arguments against regulation, 315–17, 318    — Pool, writing about emerging technologies, 277–79, 299, 316–17, 318–19, 323    — Stewart Brand promotion of, 310, 311–12, 314, 317–18    — see also artificial intelligence computers, early    — development during and after World War II, 68–70    — mainframe computer in 1956, 8    — presidential election of 1952, 24–26, 69, 122, 150    — see also specific topics Cook, Mike, 303 coronavirus and social distancing, 5, 322 Corrupt Practices Act, 23 Counterfeit World (Galouye), 187–88 counterinsurgency    — McNamara’s theory, 208–9    — progress measurement by counting deaths, 212–13    — Simulmatics program, 49, 200, 209, 211, 213, 216, 258 Cronkite, Walter, 24–25, 267 Cuban Missile Crisis    — aftermath, 163, 169    — Andrei Gromyko, 157, 160    — beginning of, 156    — end of, 162–63    — ExComm (Executive Committee of the National Security Council), 157, 162    — John F.


pages: 535 words: 149,752

After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul by Tripp Mickle

"World Economic Forum" Davos, Airbnb, airport security, Apple II, Apple's 1984 Super Bowl advert, augmented reality, autonomous vehicles, banking crisis, Boeing 747, British Empire, business intelligence, Carl Icahn, Clayton Christensen, commoditize, coronavirus, corporate raider, COVID-19, desegregation, digital map, disruptive innovation, Donald Trump, Downton Abbey, driverless car, Edward Snowden, Elon Musk, Frank Gehry, General Magic , global pandemic, global supply chain, haute couture, imposter syndrome, index fund, Internet Archive, inventory management, invisible hand, John Markoff, Jony Ive, Kickstarter, Larry Ellison, lateral thinking, Mark Zuckerberg, market design, megacity, Murano, Venice glass, Ralph Waldo Emerson, self-driving car, Sheryl Sandberg, Silicon Valley, skeuomorphism, Stephen Fry, Steve Jobs, Steve Wozniak, Steven Levy, stock buybacks, Superbowl ad, supply-chain management, thinkpad, Tim Cook: Apple, Tony Fadell, Travis Kalanick, turn-by-turn navigation, Wayback Machine, WikiLeaks, Y2K

Manufacturing a $1 Billion Boost” (video), CNBC, May 3, 2017, https://www.cnbc.com/2017/05/03/exclusive-apple-just-promised-to-give-us-manufacturing-a-1-billion-boost.html. Cramer didn’t point out: Tripp Mickle and Yoko Kubota, “Tim Cook and Apple Bet Everything on China. Then Coronavirus Hit,” Wall Street Journal, March 3, 2020, https://www.wsj.com/articles/tim-cook-and-apple-bet-everything-on-china-then-coronavirus-hit-11583172087; Glenn Leibowitz, “Apple CEO Tim Cook: This Is the No. 1 Reason We Make iPhones in China (It’s Not What You Think),” Inc., December 21, 2017, https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-is-number-1-reason-we-make-iphones-in-china-its-not-what-you-think.html.


pages: 469 words: 149,526

The War Came to Us: Life and Death in Ukraine by Christopher Miller

2021 United States Capitol attack, Airbnb, An Inconvenient Truth, Bellingcat, Boris Johnson, coronavirus, COVID-19, disinformation, Donald Trump, fake it until you make it, false flag, friendly fire, game design, global pandemic, military-industrial complex, Ponzi scheme, private military company, rolling blackouts, Saturday Night Live, special economic zone, stakhanovite, wikimedia commons

“Can I be without mask?” he asked in English as he walked past me and gave a little bow before plopping down on his chair in front of a row of Ukrainian flags. It was a reminder that we hadn’t seen the end of one crisis while another one was looming. COVID was still ravaging Ukraine. Hospitals were full of coronavirus patients; ventilators were in short supply. Just about every foreign correspondent flying into the country caught it within 72 hours. An entire crew of some 20 CNN journalists were infected at the same time at the Intercontinental Hotel. I had had it in December and spent more than a week cooped up in my room at the Radisson Blu, dining on room service.

“Sir, the attack has begun,” his chief of staff said on the other end of the line. Kryvonozhko was in isolation, wheezing and aching. At one point several days earlier he had been close to being put on a ventilator. He still had an IV drip stuck in his arm. Now, with Russian fighter jets and cruise missiles in his skies, he didn’t care about any of that. “I was cured of coronavirus in that moment,” he would tell me later in early June, when we met for what would be his first interview since the invasion. He ripped the IV out of his arm as soon as he hung up the phone, threw on his clothes, and jumped into action, brushing off the concerns of his doctors. Ukraine’s air force wasn’t unprepared.


pages: 198 words: 59,351

The Internet Is Not What You Think It Is: A History, a Philosophy, a Warning by Justin E. H. Smith

3D printing, Ada Lovelace, Adrian Hon, agricultural Revolution, algorithmic management, artificial general intelligence, Big Tech, Charles Babbage, clean water, coronavirus, COVID-19, cryptocurrency, dark matter, disinformation, Donald Trump, drone strike, Elon Musk, game design, gamification, global pandemic, GPT-3, Internet of things, Isaac Newton, Jacquard loom, Jacques de Vaucanson, Jaron Lanier, jimmy wales, Joseph-Marie Jacquard, Kuiper Belt, Mark Zuckerberg, Marshall McLuhan, meme stock, new economy, Nick Bostrom, Norbert Wiener, packet switching, passive income, Potemkin village, printed gun, QAnon, Ray Kurzweil, Republic of Letters, Silicon Valley, Skype, strong AI, technological determinism, theory of mind, TikTok, Tragedy of the Commons, trolley problem, Turing machine, Turing test, you are the product

Today we hear of new lords and officers created, tomorrow of some great men deposed, and then again of fresh honours conferred; one is let loose, another imprisoned; one purchaseth, another breaketh: he thrives, his neighbour turns bankrupt; now plenty, then again dearth and famine; one runs, another rides, wrangles, laughs, weeps, &c. This I daily hear, and such like, both private and public news, amidst the gallantry and misery of the world. —ROBERT BURTON, THE ANATOMY OF MELANCHOLY Unconfined Thoughts I am writing, from New York City, during the coronavirus quarantine in the spring of the year 2020. I have in more recent weeks begun to venture out for short walks, though for more than two months I did not leave our cramped one-bedroom apartment in Fort Greene, Brooklyn. The New York Public Library, where I have a fellowship for a year of research, remains closed, and I am painfully cut off from my precious books.


pages: 282 words: 63,385

Attention Factory: The Story of TikTok and China's ByteDance by Matthew Brennan

Airbnb, AltaVista, augmented reality, Benchmark Capital, Big Tech, business logic, Cambridge Analytica, computer vision, coronavirus, COVID-19, deep learning, Didi Chuxing, Donald Trump, en.wikipedia.org, fail fast, Google X / Alphabet X, growth hacking, ImageNet competition, income inequality, invisible hand, Kickstarter, Mark Zuckerberg, Menlo Park, natural language processing, Netflix Prize, Network effects, paypal mafia, Pearl River Delta, pre–internet, recommendation engine, ride hailing / ride sharing, Sheryl Sandberg, Silicon Valley, Snapchat, social graph, Steve Jobs, TikTok, Travis Kalanick, WeWork, Y Combinator

ByteDance would be able to partially allocate advertising inventory to its own suite of products, accurately targeting and acquiring new users across the globe with speed and minimal cost without having to hand over money and data to the online advertising duopoly gatekeepers of Facebook and Google. As the coronavirus pandemic spread across the world in early 2020, people found themselves quarantined inside their homes for weeks, leading into months. While airlines, hotels, and restaurants went bankrupt, demand for online entertainment skyrocketed, causing downloads of TikTok to hit all-time highs. The app was the perfect fix for those desperate for distraction, locked inside suffering from the cruel combination of stress and boredom.


pages: 184 words: 60,229

Re-Educated: Why It’s Never Too Late to Change Your Life by Lucy Kellaway

"World Economic Forum" Davos, Berlin Wall, Boris Johnson, Broken windows theory, cognitive load, coronavirus, COVID-19, data science, Donald Trump, fake news, George Floyd, Greta Thunberg, imposter syndrome, lockdown, Martin Wolf, stakhanovite, wage slave

Or is it the people who are on the receiving end of me? In some ways I’m the highest authority, but equally I’m too close to the subject to be trusted. So I decide to put the question to people who know me best and let them settle the matter. On a whim, during the weird, thumb-twiddling days of the first coronavirus lockdown, when the school is closed and when I have little else to do, I fire off an email to a panel of 15 – my four children, my sister and my ten closest friends – and ask them point blank. Dearest best friends and family, Will you help me? I’m trying to write a book about reinvention and I’m interested in whether it is possible to change who you are as a result of changing your job.


pages: 651 words: 162,060

The Climate Book: The Facts and the Solutions by Greta Thunberg

"World Economic Forum" Davos, accounting loophole / creative accounting, air freight, Alfred Russel Wallace, Anthropocene, basic income, Bernie Sanders, biodiversity loss, BIPOC, bitcoin, British Empire, car-free, carbon credits, carbon footprint, carbon tax, circular economy, clean water, cognitive dissonance, coronavirus, COVID-19, David Attenborough, decarbonisation, degrowth, disinformation, energy transition, Extinction Rebellion, Food sovereignty, global pandemic, global supply chain, Global Witness, green new deal, green transition, Greta Thunberg, housing crisis, Indoor air pollution, informal economy, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jeff Bezos, land tenure, late capitalism, lockdown, mass immigration, megacity, meta-analysis, microplastics / micro fibres, military-industrial complex, Naomi Klein, negative emissions, ocean acidification, offshore financial centre, oil shale / tar sands, out of africa, phenotype, planetary scale, planned obsolescence, retail therapy, rewilding, social distancing, supervolcano, tech billionaire, the built environment, Thorstein Veblen, TikTok, Torches of Freedom, Tragedy of the Commons, universal basic income, urban sprawl, zoonotic diseases

What we do know, however, is that most pandemics do come from animals; they are zoonotic diseases. In fact, 75 per cent of all new infectious diseases originate from wildlife. Natural habitats should work as a protecting shield, but once you strip back too much of that natural barrier we are exposed to increasing levels of risk. So maybe the coronavirus did spread from animals to humans, or maybe it did not. Either way, our destruction of nature is laying the perfect groundwork for the creation of new – and potentially much deadlier – pandemics. Since the global outbreak in February 2020, the scientific community has been clearly spelling this out.

. / 5.14 Lessons from the Pandemic David Wallace-Wells In early December 2019, just weeks after 2 million climate strikers gathered around the world to protest the business-as-usual beginning of the COP25 conference in Madrid, the first human case of SARS-CoV-2 was registered in Wuhan. In January, as the World Economic Forum in Davos tried to rebrand itself as a ‘climate conference’, the first deaths were recorded. In February, as the world outside of China began to panic about the ‘novel coronavirus’ and the way it might threaten and upend the lives of many millions, 2,718 people died globally of the disease. That same month, approximately 800,000 died globally from the effects of air pollution produced by the burning of fossil fuel. As the year wore on, the pandemic toll grew gruesomely large, though each new mortality milestone often seemed to produce less horror and outrage than the one before, following the dispiriting if familiar rhythm by which disaster is quickly normalized.


pages: 226 words: 65,516

Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street by Jeff John Roberts

4chan, Airbnb, Alan Greenspan, altcoin, Apple II, Bernie Sanders, Bertram Gilfoyle, Big Tech, bitcoin, blockchain, Blythe Masters, Bonfire of the Vanities, Burning Man, buttonwood tree, cloud computing, coronavirus, COVID-19, creative destruction, Credit Default Swap, cryptocurrency, democratizing finance, Dogecoin, Donald Trump, double helix, driverless car, Elliott wave, Elon Musk, Ethereum, ethereum blockchain, family office, financial engineering, Flash crash, forensic accounting, hacker house, Hacker News, hockey-stick growth, index fund, information security, initial coin offering, Jeff Bezos, John Gilmore, Joseph Schumpeter, litecoin, Marc Andreessen, Mark Zuckerberg, Masayoshi Son, Menlo Park, move fast and break things, Multics, Network effects, offshore financial centre, open borders, Paul Graham, Peter Thiel, Ponzi scheme, prediction markets, proprietary trading, radical decentralization, ransomware, regulatory arbitrage, reserve currency, ride hailing / ride sharing, Robert Shiller, rolodex, Ross Ulbricht, Sam Altman, Sand Hill Road, Satoshi Nakamoto, sharing economy, side hustle, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, smart contracts, SoftBank, software is eating the world, Startup school, Steve Ballmer, Steve Jobs, Steve Wozniak, transaction costs, Vitalik Buterin, WeWork, work culture , Y Combinator, zero-sum game

• • • In San Francisco, Coinbase’s founder waited out the pandemic in his penthouse in the city’s tallest building, where his neighbors included NBA star Kevin Durant and other members of the Golden State Warriors. Brian had grasped the implications of the Covid-19 crisis early, and Coinbase’s work-from-home blueprint had been shared widely among companies in the Valley and beyond. But he was hardly the first from the crypto world to warn about what was coming as coronavirus emerged—that designation belonged to Balaji Srinivasan, Coinbase’s former CTO who had almost burned the company to the ground in order to save it. Months before the virus hit the United States with full force, Balaji had been tweeting like a maniac about the disease spreading out of Wuhan, China.


pages: 199 words: 64,272

Money: The True Story of a Made-Up Thing by Jacob Goldstein

Alan Greenspan, Antoine Gombaud: Chevalier de Méré, back-to-the-land, bank run, banks create money, Bear Stearns, Berlin Wall, Bernie Sanders, bitcoin, blockchain, break the buck, card file, central bank independence, collective bargaining, coronavirus, COVID-19, cryptocurrency, David Graeber, Edmond Halley, Fall of the Berlin Wall, fiat currency, financial innovation, Fractional reserve banking, full employment, German hyperinflation, Glass-Steagall Act, index card, invention of movable type, invention of writing, Isaac Newton, life extension, M-Pesa, Marc Andreessen, Martin Wolf, Menlo Park, Mikhail Gorbachev, mobile money, Modern Monetary Theory, money market fund, probability theory / Blaise Pascal / Pierre de Fermat, Ronald Reagan, Ross Ulbricht, Satoshi Nakamoto, Second Machine Age, side hustle, Silicon Valley, software is eating the world, Steven Levy, the new new thing, the scientific method, The Wealth of Nations by Adam Smith, too big to fail, transaction costs

But funds for ordinary investors still use the same accounting methods to show a constant dollar value for investors. People can still write checks on their accounts. Money-market funds are not regulated like banks, but for most people money in a money fund still feels like money in the bank. In the spring of 2020, as the coronavirus pandemic spread around the world, people once again started frantically pulling billions of dollars out of money-market funds. And the US government once again rushed to protect the funds. “It’s just frustrating that we never really fixed this stuff to begin with,” Sheila Bair, a former regulator, said.


pages: 234 words: 67,589

Internet for the People: The Fight for Our Digital Future by Ben Tarnoff

4chan, A Declaration of the Independence of Cyberspace, accounting loophole / creative accounting, Alan Greenspan, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, algorithmic management, AltaVista, Amazon Web Services, barriers to entry, Bernie Sanders, Big Tech, Black Lives Matter, blue-collar work, business logic, call centre, Charles Babbage, cloud computing, computer vision, coronavirus, COVID-19, decentralized internet, deep learning, defund the police, deindustrialization, desegregation, digital divide, disinformation, Edward Snowden, electricity market, fake news, Filter Bubble, financial intermediation, future of work, gamification, General Magic , gig economy, God and Mammon, green new deal, independent contractor, information asymmetry, Internet of things, Jeff Bezos, Jessica Bruder, John Markoff, John Perry Barlow, Kevin Roose, Kickstarter, Leo Hollis, lockdown, lone genius, low interest rates, Lyft, Mark Zuckerberg, means of production, Menlo Park, natural language processing, Network effects, Nicholas Carr, packet switching, PageRank, pattern recognition, pets.com, profit maximization, profit motive, QAnon, recommendation engine, rent-seeking, ride hailing / ride sharing, Sheryl Sandberg, Shoshana Zuboff, side project, Silicon Valley, single-payer health, smart grid, social distancing, Steven Levy, stock buybacks, supply-chain management, surveillance capitalism, techlash, Telecommunications Act of 1996, TikTok, transportation-network company, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, undersea cable, UUNET, vertical integration, Victor Gruen, web application, working poor, Yochai Benkler

“Digital redlining”: Communications Workers of America and the National Digital Inclusion Alliance, “AT&T’s Digital Redlining: Leaving Communities Behind for Profit,” October 2020. 31, Home broadband is not … 17 percent of US adults: Anderson, “Mobile Technology and Home Broadband 2019.” 2015 Pew survey: Aaron Smith, “Searching for Work in the Digital Era,” Pew Research Center, November 19, 2015. 32, The COVID-19 crisis greatly magnified … Finding internet in the parking lot: Tony Romm, “‘It Shouldn’t Take a Pandemic’: Coronavirus Exposes Internet Inequality among US Students as Schools Close Their Doors,” Washington Post, March 16, 2020; Cecilia Kang, “Parking Lots Have Become a Digital Lifeline,” New York Times, May 5, 2020. 32, But not everyone could make it … One in five school-age children: Monica Anderson and Andrew Perrin, “Nearly One-in-Five Teens Can’t Always Finish Their Homework Because of the Digital Divide,” Pew Research, October 26, 2018. 33, “I hope that there is a lesson …” Quoted in Kang, “Parking Lots Have Become a Digital Lifeline.” 33, Democracy is a form of life … “Is the name …”: Wendy Brown, Undoing the Demos: Neoliberalism’s Stealth Revolution (New York: Zone Books, 2015), 178. 33, The philosopher John Dewey once … Dewey’s understanding of freedom and “resources necessary …”: John Dewey and James Hayden Tufts, Ethics (New York: Henry Holt and Company, 1908), 437–38.


Secrets of the Autistic Millionaire: Everything I Know Now About Autism and Asperger's That I Wish I'd Known Then by David William Plummer

Albert Einstein, autism spectrum disorder, coronavirus, epigenetics, Jeff Bezos, lockdown, Mark Zuckerberg, mirror neurons, neurotypical, selective serotonin reuptake inhibitor (SSRI), side project, Steve Jobs, TED Talk, theory of mind, traumatic brain injury, wikimedia commons

Not only does she perceive a value or utility in learning everything there is to be learned about other people, but she also puts that information all to good productive use when some school or community event needs to be organized. People like my wife seem to have an incredibly strong social sense and drive, and in fact, will actually crave such interaction if they are denied it too long. As I write this section, we are in the midst of the 2020 Coronavirus lockdowns. If these are trying times for individuals with autism, primarily due to their difficulty in accepting 303 change, then they are also a very trying time for those neurotypical people who could accurately be described as “social butterflies.” Even before the lockdown, by the end of the day if my wife has not had a specific need to go out and interact with anyone, I am convinced she will formulate one and run to the store simply to get out of the house and see other people –– the more she knows whoever it is she sees, the better.


pages: 227 words: 67,264

The Breakup Monologues: The Unexpected Joy of Heartbreak by Rosie Wilby

Airbnb, Brexit referendum, Burning Man, coronavirus, COVID-19, David Attenborough, Donald Trump, fear of failure, George Santayana, Jeremy Corbyn, Kintsugi, lateral thinking, lockdown, Phoebe Waller-Bridge, selective serotonin reuptake inhibitor (SSRI), social contagion, social distancing, zero-sum game

I’m not getting paid.’ ‘Oh, I know. But it’s good to just give it a go.’ ‘Yes, I suppose it might get my creative juices flowing.’ ‘Yeah…that…and it’ll mean that you’ll wash your hair and put makeup on.’ During my final months of writing this book, the UK is plunged into lockdown due to the coronavirus pandemic. The changes to society and how we can interact are unprecedented. Early suggestions from sociologists are that the pandemic has completely reshaped our close relationships. In every country that has had a lockdown, divorce rates have surged. Perhaps that is no surprise. Divorces normally peak just after holiday seasons at Christmas and summertime when people have had no escape from one another.


pages: 695 words: 189,074

Fodor's Essential Israel by Fodor's Travel Guides

bike sharing, call centre, coronavirus, haute cuisine, illegal immigration, Louis Pasteur, Mahatma Gandhi, means of production, Mount Scopus, New Urbanism, Pepto Bismol, sensible shoes, starchitect, stem cell, sustainable-tourism, trade route, urban planning, Wall-E, Yom Kippur War, young professional

Shops sell Dead Sea cosmetics, hats, and swimwear, along with locally made products like wine. There is also a juice bar. While the winding path down to the Dead Sea shore is well-kept and not too difficult to navigate, there are also regular free shuttles. Towels are available to rent or purchase; lockers are also available. Massage rooms and a spa have closed since the coronavirus. Amenities: food and drink; lifeguards; parking (free); showers; toilets. Best for: swimming; walking. E Kalia Beach, 3 km (2 miles) north of Qumran j Near Kibbutz Kalia off Rte 90 P 02/994–2391 wkaliabeach.com/en A NIS 45 including parking. Neve Midbar Beach BEACH | FAMILY | Just south of Biankini Beach, this well-kept stretch offers a large swimming pool, a wading pool, and several food venues.

Please check your government’s travel advisory before visiting these areas. Christmas in Bethlehem s Christmas is the most popular time of year for travelers to visit Bethlehem, the town where Jesus is said to have been born. In fact, the holiday celebration draws more than 1 million tourists annually, though coronavirus travel restrictions took a deep toll during the pandemic. In Bethlehem, Christmas is celebrated three times: December 25 by the Roman Catholics and Protestants; January 6 by the Greek, Coptic, and Russian Orthodox; and January 19 by the Armenian Orthodox. For nearly a month, Manger Square is brilliantly illuminated with lights.


pages: 269 words: 72,752

Too Much and Never Enough: How My Family Created the World's Most Dangerous Man by Mary L. Trump

Affordable Care Act / Obamacare, anti-communist, coronavirus, COVID-19, Donald Trump, fear of failure, George Floyd, glass ceiling, global pandemic, impulse control, junk bonds, Maui Hawaii, messenger bag, opioid epidemic / opioid crisis, prosperity theology / prosperity gospel / gospel of success, zero-sum game

While thousands of Americans die alone, Donald touts stock market gains. As my father lay dying alone, Donald went to the movies. If he can in any way profit from your death, he’ll facilitate it, and then he’ll ignore the fact that you died. Why did it take so long for Donald to act? Why didn’t he take the novel coronavirus seriously? In part because, like my grandfather, he has no imagination. The pandemic didn’t immediately have to do with him, and managing the crisis in every moment doesn’t help him promote his preferred narrative that no one has ever done a better job than he has. As the pandemic moved into its third, then fourth month, and the death toll continued its rise into the tens of thousands, the press started to comment on Donald’s lack of empathy for those who have died and the families they leave behind.


The Pattern Seekers: How Autism Drives Human Invention by Simon Baron-Cohen

23andMe, agricultural Revolution, airport security, Albert Einstein, Apollo 11, Asperger Syndrome, assortative mating, autism spectrum disorder, bioinformatics, coronavirus, corporate social responsibility, correlation does not imply causation, COVID-19, David Attenborough, discovery of penicillin, Elon Musk, en.wikipedia.org, Fellow of the Royal Society, Greta Thunberg, intentional community, invention of agriculture, Isaac Newton, James Watt: steam engine, Jim Simons, lateral thinking, longitudinal study, Menlo Park, meta-analysis, neurotypical, out of africa, pattern recognition, phenotype, Rubik’s Cube, Silicon Valley, six sigma, Skype, social intelligence, Stephen Hawking, Steven Levy, Steven Pinker, systems thinking, theory of mind, twin studies, zero-sum game

Our thanks should go to people like Janus Fris, the Danish co-inventor of Skype, who had no formal education and dropped out of high school. And night and day, in molecular biology laboratories, hyper-systemizers are working tirelessly to invent a new vaccine that will outsmart the invisible killer that is COVID-19, the new coronavirus. And as we look beyond COVID-19 at the other major challenge our planet faces—climate destruction—we look to hyper-systemizers to invent new solutions. The great physicist Freeman Dyson wrote a book called Maker of Patterns to describe his life exploring patterns in mathematics and physics. This book joins the dots between pattern-seeking in our world’s greatest scientists and inventors, and pattern-seeking in autistic people.


pages: 265 words: 75,202

The Heart of Business: Leadership Principles for the Next Era of Capitalism by Hubert Joly

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, behavioural economics, big-box store, Blue Ocean Strategy, call centre, carbon footprint, Clayton Christensen, clean water, cognitive dissonance, commoditize, company town, coronavirus, corporate governance, corporate social responsibility, COVID-19, David Brooks, do well by doing good, electronic shelf labels (ESLs), fear of failure, global pandemic, Greta Thunberg, imposter syndrome, iterative process, Jeff Bezos, lateral thinking, lockdown, long term incentive plan, Marc Benioff, meta-analysis, old-boy network, pension reform, performance metric, popular capitalism, pre–internet, race to the bottom, remote working, Results Only Work Environment, risk/return, Salesforce, scientific management, shareholder value, Silicon Valley, social distancing, Social Responsibility of Business Is to Increase Its Profits, supply-chain management, TED Talk, Tim Cook: Apple, young professional, zero-sum game

See also specific businesses call for action for, 233 finances of (see finances) leadership of (see leadership) purpose of, 4–5, 6–7, 51, 63–65, 233 (see also purposeful human organizations) stakeholders of (see customers; employees; shareholders; stakeholders; suppliers) work at (see work) Business Roundtable, 55, 75, 242n10, 242n14 Cales, Amber, 139–140 call for action for boards of directors, 234 for business education institutions, 235 for businesses, 233 for industry sector and community leaders, 234 for investors, analysts, regulators, and rating agencies, 235 for leaders, 232 overview of, 231–232, 236 Calvin, John, 26, 238n5 Canon, 86 capitalism in crisis, 4, 54, 240n1 financial incentives in, 126 leadership for next era of, 5–7 (see also leadership) reinvention of, 62, 65, 73, 74–77 social discord and, 4, 53–54 stakeholder capitalism, 74, 76, 231 Cargill, 111 Carlson, Curt, 224 Carlson Companies challenges as opportunities at, 201 exploring motivating forces at, 137, 222 incentives at, 125, 129 Joly’s departure from, 2 leadership at, 1, 160, 224 lifelong learning at, 191 participative process at, 174 perfectionism challenges at, 41 performance assessments at, 188–189 strategy at, 111, 174, 199 turnaround at, 111 values days at, 226 women in leadership at, 160 Carlson Nelson, Marilyn, 137, 160, 222 Carlson Wagonlit Travel challenges as opportunities at, 201–202 cutting costs not jobs at, 104–105 financial challenges for, 58 human connections at, 148–149, 151 participative process at, 174 perfectionism challenges at, 37, 39–41 positive environment at, 114 purpose at, 142–143 strategy at, 81–82, 174 women in leadership at, 160 work views at, 27 cathedrals, building, 31, 70–71, 73 Chanel, 89 Chaplin, Charlie, 19 Christensen, Clayton, 216–217, 218, 226–227 Churchill, Winston, 215 Cicero, 238n10 Circuit City, 2, 110 Citrin, Jim, 1–3, 13, 98, 195, 225 Clausewitz, Carl von, 201 coaching vs. training, 185–188, 191 Coalition for the American Dream, 91 codes of behavior, 154 codes of ethics, 144 cognitive dissonance, 40 commissions, 124–125, 127, 128 communities business connection to, 68, 72, 242n14 business support for thriving, 88–91 leadership in, 234 companies. See businesses Cook, Tim, 196 Covid-19 (coronavirus) pandemic agile work methods in, 176 business tied to community health in, 72 capitalism challenges in, 4 challenges as opportunities during, 202–203 human connections in, 149, 156 leadership during, 223, 227–228 purpose focus during, 204, 223 remote working in, 177 work-life balance in, 229 crisis response, 138–140, 223–224, 227.


pages: 277 words: 70,506

We Are Bellingcat: Global Crime, Online Sleuths, and the Bold Future of News by Eliot Higgins

4chan, active measures, Andy Carvin, anti-communist, anti-globalists, barriers to entry, belling the cat, Bellingcat, bitcoin, blockchain, citizen journalism, Columbine, coronavirus, COVID-19, crowdsourcing, cryptocurrency, data science, deepfake, disinformation, Donald Trump, driverless car, Elon Musk, en.wikipedia.org, failed state, fake news, false flag, gamification, George Floyd, Google Earth, hive mind, Julian Assange, Kickstarter, lateral thinking, off-the-grid, OpenAI, pattern recognition, post-truth, rolodex, Seymour Hersh, Silicon Valley, Skype, Tactical Technology Collective, the scientific method, WikiLeaks

More than ever, news events prompt people to scour the internet for immediate insights, and we are seeking to mobilise this public in the push for credible evidence. For example, within a month of the World Health Organization designating Covid-19 a pandemic in March 2020, Bellingcat produced a range of material to involve citizens in online sleuthing on the subject, including a guide to debunking coronavirus disinformation; an article on scammers exploiting the disease on Facebook and YouTube; and a video segment on applying open-source tools to studying a world gone still during lockdown.96 When a police officer in Minneapolis killed an African-American suspect, George Floyd, setting off protests across the United States and beyond, we produced an explanatory article on the Boogalo movement that hoped unrest would degenerate into a second American civil war; we compiled an exhaustive list of attacks on journalists, geolocated and plotted onto an interactive map to involve the public in absorbing the dimensions of the efforts to suppress information; and we sought to inform citizens of our techniques via a new podcast, BellingChat.


pages: 252 words: 73,387

Mini Farming: Self-Sufficiency on 1/4 Acre by Brett L. Markham

active measures, classic study, clean water, Columbine, coronavirus, fixed income, Mason jar, place-making

(As a side note, the virus causes a mild conjunctivitis in humans and is particularly toxic to cancer cells in humans while leaving normal cells practically unharmed. Research into this is ongoing.) So vaccinating your flock is a good idea. Meanwhile, while the Newcastle vaccine is available on its own, it can also be purchased as a combined vaccine for IB. IB is caused by a highly contagious coronavirus that mutates rapidly. While the immediate mortality rate from IB tends to be low, it can permanently damage the kidneys and reproductive tracts of chickens, hurts shell pigmentation, and makes the eggs unappetizing. Thus, especially if you visit the backyard flocks of other poultry owners, vaccinating your flock for IB makes sense.


pages: 250 words: 79,360

Escape From Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson

Alan Greenspan, Bayesian statistics, behavioural economics, Big Tech, Black Swan, butterfly effect, carbon tax, coronavirus, correlation does not imply causation, COVID-19, data is the new oil, data science, decarbonisation, DeepMind, Donald Trump, Drosophila, Emanuel Derman, Financial Modelers Manifesto, fudge factor, germ theory of disease, global pandemic, hindcast, I will remember that I didn’t make the world, and it doesn’t satisfy my equations, implied volatility, Intergovernmental Panel on Climate Change (IPCC), John von Neumann, junk bonds, Kim Stanley Robinson, lockdown, Long Term Capital Management, moral hazard, mouse model, Myron Scholes, Nate Silver, Neal Stephenson, negative emissions, paperclip maximiser, precautionary principle, RAND corporation, random walk, risk tolerance, selection bias, self-driving car, social distancing, Stanford marshmallow experiment, statistical model, systematic bias, tacit knowledge, tail risk, TED Talk, The Great Moderation, The Great Resignation, the scientific method, too big to fail, trolley problem, value at risk, volatility smile, Y2K

The bond class paying 6.9% was capped at 16.7% loss while the 11.1% returns were only offered to investors willing to shoulder a possible loss of 100% of the initial investment in the event of a pandemic. So, if it didn’t release any cash for Ebola, you are probably wondering what happened to the pandemic bond when Covid-19 came along, since a three-year bond issued in June 2017 reached maturity in 2020. The coronavirus family of diseases were – luckily! – specifically covered under the terms. The bond rapidly lost value in the early months of 2020 since investors could see the likelihood of the conditions being met, and indeed in the middle of April 2020 the mechanism was triggered. This released $195.84 million, which the World Bank split between sixty-four lower-income countries that at that point had reported cases of Covid-19.


pages: 562 words: 201,502

Elon Musk by Walter Isaacson

4chan, activist fund / activist shareholder / activist investor, Airbnb, Albert Einstein, AltaVista, Apollo 11, Apple II, Apple's 1984 Super Bowl advert, artificial general intelligence, autism spectrum disorder, autonomous vehicles, basic income, Big Tech, blockchain, Boston Dynamics, Burning Man, carbon footprint, ChatGPT, Chuck Templeton: OpenTable:, Clayton Christensen, clean tech, Colonization of Mars, computer vision, Computing Machinery and Intelligence, coronavirus, COVID-19, crowdsourcing, cryptocurrency, deep learning, DeepMind, Demis Hassabis, disinformation, Dogecoin, Donald Trump, Douglas Engelbart, drone strike, effective altruism, Elon Musk, estate planning, fail fast, fake news, game design, gigafactory, GPT-4, high-speed rail, hiring and firing, hive mind, Hyperloop, impulse control, industrial robot, information security, Jeff Bezos, Jeffrey Epstein, John Markoff, John von Neumann, Jony Ive, Kwajalein Atoll, lab leak, large language model, Larry Ellison, lockdown, low earth orbit, Marc Andreessen, Marc Benioff, Mars Society, Max Levchin, Michael Shellenberger, multiplanetary species, Neil Armstrong, Network effects, OpenAI, packet switching, Parler "social media", paypal mafia, peer-to-peer, Peter Thiel, QAnon, Ray Kurzweil, reality distortion field, remote working, rent control, risk tolerance, Rubik’s Cube, Salesforce, Sam Altman, Sam Bankman-Fried, San Francisco homelessness, Sand Hill Road, Saturday Night Live, self-driving car, seminal paper, short selling, Silicon Valley, Skype, SpaceX Starlink, Stephen Hawking, Steve Jobs, Steve Jurvetson, Steve Wozniak, Steven Levy, Streisand effect, supply-chain management, tech bro, TED Talk, Tesla Model S, the payments system, Tim Cook: Apple, universal basic income, Vernor Vinge, vertical integration, Virgin Galactic, wikimedia commons, William MacAskill, work culture , Y Combinator

“I’m just trying to get people to Mars, and enable freedom of information with Starlink, accelerate sustainable technology with Tesla, and free people from the drudgery of driving,” he said. “It’s certainly possible that the road to hell to some degree is paved with good intentions—but the road to hell is mostly paved with bad intentions.” 69 Politics 2020–2022 “Take the red pill” “The coronavirus panic is dumb,” Musk tweeted. It was March 6, 2020, and COVID had just shut down his new factory in Shanghai and begun to spread in the U.S. That was decimating Tesla’s stock price, but it was not just the financial hit that upset Musk. The government-imposed mandates, in China and then California, inflamed his anti-authority streak.

The factory would remain open. He wrote in a company-wide email, “I’d like to be super clear that if you feel the slightest bit ill or even uncomfortable, please do not feel obligated to come to work,” but then he added, “I will personally be at work. My frank opinion remains that the harm from the coronavirus panic far exceeds that of the virus itself.” After county officials threatened to force the plant to shut down, Musk filed suit against the orders. “If somebody wants to stay in their house, that’s great,” Musk said. “But to say that they cannot leave their house, and they will be arrested if they do, this is fascist.


pages: 278 words: 82,771

Built on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England’s Money by Owen Walker

activist fund / activist shareholder / activist investor, bank run, banking crisis, barriers to entry, Big bang: deregulation of the City of London, Black Monday: stock market crash in 1987, Brexit referendum, British Empire, buy and hold, call centre, carbon footprint, clean water, coronavirus, corporate governance, COVID-19, fixed income, G4S, Kickstarter, knowledge economy, liquidity trap, lockdown, mass affluent, popular capitalism, profit motive, regulatory arbitrage, shareholder value, short selling, Silicon Valley, sovereign wealth fund, stem cell, Steve Jobs, Winter of Discontent

He was lucky in the past, but not this time. And we’re the ones that are suffering.’ What has been especially galling for Snelson and Hiscock is the daily reminder of the fortune Woodford amassed while mismanaging their money. Just a few streets from Snelson’s B&B in Salcombe, which she struggled to keep going through the coronavirus lockdown, is the luxury six-bedroom holiday home Woodford bought for £6.4 million in cash in 2017. Since then Woodford has added an expensive hot tub and bought a huge yacht in the bay. ‘The worst thing is living here and knowing he has that multi-million-pound house just minutes away. I pass it every day,’ Snelson adds.


pages: 282 words: 85,658

Ask Your Developer: How to Harness the Power of Software Developers and Win in the 21st Century by Jeff Lawson

Airbnb, AltaVista, Amazon Web Services, barriers to entry, big data - Walmart - Pop Tarts, Big Tech, big-box store, bitcoin, business process, call centre, Chuck Templeton: OpenTable:, cloud computing, coronavirus, COVID-19, create, read, update, delete, cryptocurrency, data science, David Heinemeier Hansson, deep learning, DevOps, Elon Musk, financial independence, global pandemic, global supply chain, Hacker News, Internet of things, Jeff Bezos, Kanban, Lean Startup, loose coupling, Lyft, Marc Andreessen, Marc Benioff, Mark Zuckerberg, microservices, minimum viable product, Mitch Kapor, move fast and break things, Paul Graham, peer-to-peer, ride hailing / ride sharing, risk tolerance, Ruby on Rails, Salesforce, side project, Silicon Valley, Silicon Valley startup, Skype, social distancing, software as a service, software is eating the world, sorting algorithm, Startup school, Steve Ballmer, Steve Jobs, Telecommunications Act of 1996, Toyota Production System, transaction costs, transfer pricing, two-pizza team, Uber and Lyft, uber lyft, ubercab, web application, Y Combinator

Die means recruiting great developers, but more important, putting faith in those developers, turning to them not just for code but for creative problem-solving. In other words, Ask Your Developer. As I was finishing the book something happened that made this transformation far more urgent. The coronavirus pandemic that struck in early 2020 forced the world to reconfigure itself in real time as cities shut down, children learned at home, companies sent workers home, hospitals were overwhelmed with patients, and more. Suddenly digital transformation projects slated to take place over several years were happening in days or weeks.


pages: 300 words: 81,293

Supertall: How the World's Tallest Buildings Are Reshaping Our Cities and Our Lives by Stefan Al

3D printing, autonomous vehicles, biodiversity loss, British Empire, Buckminster Fuller, carbon footprint, Cesare Marchetti: Marchetti’s constant, colonial rule, computer vision, coronavirus, COVID-19, Deng Xiaoping, digital twin, Disneyland with the Death Penalty, Donald Trump, Easter island, Elisha Otis, energy transition, food miles, Ford Model T, gentrification, high net worth, Hyperloop, invention of air conditioning, Kickstarter, Lewis Mumford, Marchetti’s constant, megaproject, megastructure, Mercator projection, New Urbanism, plutocrats, plyscraper, pneumatic tube, ride hailing / ride sharing, Salesforce, self-driving car, Sidewalk Labs, SimCity, smart cities, smart grid, smart meter, social distancing, Steve Jobs, streetcar suburb, synthetic biology, Tacoma Narrows Bridge, the built environment, the High Line, transit-oriented development, Triangle Shirtwaist Factory, tulip mania, urban planning, urban sprawl, value engineering, Victor Gruen, VTOL, white flight, zoonotic diseases

Building,” Associated Press, November 12, 2013. 42.Stefanos Chen, “The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks,” New York Times, February 3, 2021. 43.Henry Petroski, “Super-Tall and Super-Slender Structures: Skyscrapers with Smaller Footprints Require Countermeasures to Wind and Sway,” American Scientist 107 (2019): 342–45. 44.Andrew Lawrence, “The Skyscraper Index: Faulty Towers,” Property Report, Dresdner Kleinwort Benson Research (January 15, 1999). 45.Emily Badger, “Density Is Normally Good for Us. That Will Be True after Coronavirus, Too,” New York Times, March 24, 2020. 46.Lewis Mumford, The City in History: Its Origins, Its Transformations, and Its Prospects (Boston: Houghton Mifflin Harcourt, 1961), 34. 47.Alan Berube, MetroNation: How US Metropolitan Areas Fuel American Prosperity, Metropolitan Policy Program at Brookings, 2007. 48.Enrico Berkes and Ruben Gaetani, “The Geography of Unconventional Innovation,” Rotman School of Management Working Paper 3423143 (2019). 49.Luís Bettencourt, José Lobo, Dirk Helbing, Christian Kühnert, and Geoffrey West, “Growth, Innovation, Scaling, and the Pace of Life in Cities,” Proceedings of the National Academy of Sciences 104, no. 17 (2007): 7301–6.


pages: 257 words: 80,698

Butler to the World: How Britain Became the Servant of Tycoons, Tax Dodgers, Kleptocrats and Criminals by Oliver Bullough

Alan Greenspan, Bellingcat, Big bang: deregulation of the City of London, Big Tech, bitcoin, Black Lives Matter, blockchain, Boris Johnson, Bretton Woods, Brexit referendum, British Empire, capital controls, coronavirus, COVID-19, crowdsourcing, cryptocurrency, cuban missile crisis, Downton Abbey, Etonian, financial deregulation, financial innovation, full employment, Global Witness, John Bercow, Julian Assange, light touch regulation, lockdown, Nixon triggered the end of the Bretton Woods system, offshore financial centre, race to the bottom, rent-seeking, Ronald Reagan, Shoshana Zuboff, Silicon Valley, Suez canal 1869, Suez crisis 1956, surveillance capitalism, the High Line, WikiLeaks

It would have been the final act in the history of this overlooked, determinedly narky and generous group of ex-servicemen, who had all served in British bases along the Suez Canal. Sadly, with two weeks to go, and the rapid spread of COVID-19 making total lockdown inevitable, the membership secretary was forced to contact the handful of surviving veterans (and me), and inform them the event had been postponed indefinitely owing to the risk to the attendees posed by the coronavirus. As far as I could tell, no one outside the SVA noticed, which, considering how little attention anyone in power had paid to the group before, was entirely appropriate. The general indifference to the organisation’s end is curious considering how important these troops had once been to the United Kingdom, and for how long.


pages: 712 words: 212,334

Empire of Pain: The Secret History of the Sackler Dynasty by Patrick Radden Keefe

always be closing, Apollo 11, barriers to entry, benefit corporation, Black Lives Matter, Chuck Templeton: OpenTable:, coronavirus, corporate social responsibility, COVID-19, disinformation, Donald Trump, double helix, driverless car, East Village, estate planning, facts on the ground, Laura Poitras, lockdown, mandatory minimum, mass incarceration, medical residency, moral panic, Neil Armstrong, New Journalism, Norman Mailer, offshore financial centre, opioid epidemic / opioid crisis, pill mill, plutocrats, Ralph Nader, tech billionaire, TED Talk, tontine, Upton Sinclair

But Caroline Maloney, the New York congresswoman who chaired the committee, sent a letter on December 8 indicating that if the family did not voluntarily accept her invitation, she would be forced to subpoena them. Nine days later, the hearing was convened. The proceedings would be held remotely, due to the Coronavirus pandemic, and that morning, David Sackler, dressed in a dark suit and sitting in a featureless fluorescent space that looked like a borrowed office, raised his right hand and was sworn in. When the family realized that some of them would have no choice but to appear, they had negotiated, offering David and Kathe, along with Craig Landau from Purdue.

“deep sadness about the opioid crisis”: “The Role of Purdue Pharma and the Sackler Family in the Opioid Epidemic,” Hearing before the House Oversight And Reform Committee of the U.S. House of Representatives, Dec. 17, 2020. intensified the opioid crisis: “The Opioid Crisis, Already Serious, Has Intensified During Coronavirus Pandemic,” Wall Street Journal, Sept. 8, 2020; “ ‘The Drug Became His Friend’: Pandemic Drives Hike in Opioid Deaths,” New York Times, Sept. 29, 2020. sold their East Seventy-Fifth Street town house: “Israel Englander Buys Sackler Townhouse for $38M,” Real Deal, Jan. 7, 2020. In a filing: Attachment to Consolidated Proof of Claim of States, Territories, and Other Governmental Entities, Purdue Pharma LP, et al, Debtors, United States Bankruptcy Court, Southern District of New York, Case No. 19-23649 (RDD), July 30, 2020.


Data Action: Using Data for Public Good by Sarah Williams

affirmative action, Amazon Mechanical Turk, Andrei Shleifer, augmented reality, autonomous vehicles, Brexit referendum, Cambridge Analytica, Charles Babbage, City Beautiful movement, commoditize, coronavirus, COVID-19, crowdsourcing, data acquisition, data is the new oil, data philanthropy, data science, digital divide, digital twin, Donald Trump, driverless car, Edward Glaeser, fake news, four colour theorem, global village, Google Earth, informal economy, Internet of things, Jane Jacobs, John Snow's cholera map, Kibera, Lewis Mumford, Marshall McLuhan, mass immigration, mass incarceration, megacity, military-industrial complex, Minecraft, neoliberal agenda, New Urbanism, Norbert Wiener, nowcasting, oil shale / tar sands, openstreetmap, place-making, precautionary principle, RAND corporation, ride hailing / ride sharing, selection bias, self-driving car, sentiment analysis, Sidewalk Labs, smart cities, Smart Cities: Big Data, Civic Hackers, and the Quest for a New Utopia, Steven Levy, the built environment, The Chicago School, The Death and Life of Great American Cities, transatlantic slave trade, Uber for X, upwardly mobile, urban planning, urban renewal, W. E. B. Du Bois, Works Progress Administration

Private companies, including telecoms, Facebook, and Google, for example, can infer population data by analyzing their data exhaust, but they do not share it with people who could use it to improve society. For private companies to analyze data for such a purpose can be costly, and it is usually only done when there is a mutual benefit; for example, a widespread public health concern. We saw this happen in 2020 as the novel coronavirus pandemic became a global emergency. There are many cases in which NGOs and multilaterals obtain data from private and typically foreign companies and conglomerates to estimate basic social services because governments do not have the information. Data Is a Public Infrastructure Now let's look at the same idea in American and European contexts, where private companies currently hold and are set to hold exponentially more data about cities, their populations, and their communities.


pages: 279 words: 87,875

Underwater: How Our American Dream of Homeownership Became a Nightmare by Ryan Dezember

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", activist fund / activist shareholder / activist investor, Airbnb, Bear Stearns, business cycle, call centre, Carl Icahn, Cesare Marchetti: Marchetti’s constant, cloud computing, collateralized debt obligation, company town, coronavirus, corporate raider, COVID-19, Credit Default Swap, credit default swaps / collateralized debt obligations, data science, deep learning, Donald Trump, Home mortgage interest deduction, housing crisis, interest rate swap, low interest rates, margin call, McMansion, mortgage debt, mortgage tax deduction, negative equity, opioid epidemic / opioid crisis, pill mill, rent control, rolodex, Savings and loan crisis, sharing economy, sovereign wealth fund, transaction costs

“Exactly how we would have done it,” he said. Between their savings and some early inheritance, they mustered a $95,000 downpayment. They agreed to pay $433,000 and gave $5,000 in earnest money to the seller. They were to pay another $5,000 in ten days, after an inspection. Before they got the keys, though, the coronavirus pandemic shut down much of the U.S. economy. Worried for his job as a church-affiliated marriage counselor, they decided not to make the second earnest payment. Days later he was furloughed. Their lender bailed. The seller let the McLaughlins out of the deal for the $5,000 they’d already handed over and another $2,000 to settle the second, skipped payment.


pages: 302 words: 92,206

Nomad Century: How Climate Migration Will Reshape Our World by Gaia Vince

3D printing, An Inconvenient Truth, Anthropocene, biodiversity loss, bitcoin, Boris Johnson, carbon tax, charter city, circular economy, clean water, colonial exploitation, coronavirus, COVID-19, decarbonisation, degrowth, Donald Trump, Dunbar number, European colonialism, failed state, gentrification, global pandemic, Global Witness, green new deal, Haber-Bosch Process, high-speed rail, housing crisis, ice-free Arctic, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, invention of the printing press, job automation, joint-stock company, Kim Stanley Robinson, labour mobility, load shedding, lockdown, low skilled workers, Mahatma Gandhi, Malacca Straits, mass immigration, mass incarceration, mega-rich, megacity, negative emissions, new economy, ocean acidification, old age dependency ratio, open borders, Patri Friedman, Peace of Westphalia, Pearl River Delta, Peter Thiel, place-making, planetary scale, plyscraper, polynesian navigation, quantitative easing, randomized controlled trial, rewilding, Rishi Sunak, sharing economy, Shenzhen special economic zone , Silicon Valley, special economic zone, trade route, transatlantic slave trade, undersea cable, urban planning, urban sprawl, white flight, women in the workforce, working-age population, zero-sum game, Zipcar

After each devastating fire comes an erosion of the community. Some places are simply not viable, the fire risk too great. Small communities are erased from the map, plans for expansion denied. The places where it is safe for people to live are shrinking in Australia. If it weren’t for the global coronavirus pandemic, 2020 would have been the year we woke up – shockingly – to the Pyrocene, a planetary age of fire.1 Millions of Australians spent the beginning of the year under a filthy pall of smoke, or confronting bushfires of a ferocity and scale never previously imagined. With hundreds of fire fronts burning, and record heat bearing down, more than 100,000 people were advised to leave high-risk zones in the nation’s biggest ever evacuation.


pages: 318 words: 91,957

The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy by David Gelles

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 3D printing, accounting loophole / creative accounting, Adam Neumann (WeWork), air traffic controllers' union, Alan Greenspan, Andrei Shleifer, Bear Stearns, benefit corporation, Bernie Sanders, Big Tech, big-box store, Black Monday: stock market crash in 1987, Boeing 737 MAX, call centre, carbon footprint, Carl Icahn, collateralized debt obligation, Colonization of Mars, company town, coronavirus, corporate governance, corporate raider, corporate social responsibility, COVID-19, Credit Default Swap, credit default swaps / collateralized debt obligations, disinformation, Donald Trump, financial deregulation, financial engineering, fulfillment center, gig economy, global supply chain, Gordon Gekko, greed is good, income inequality, inventory management, It's morning again in America, Jeff Bezos, junk bonds, Kaizen: continuous improvement, Kickstarter, Lean Startup, low interest rates, Lyft, manufacturing employment, Mark Zuckerberg, Michael Milken, Neil Armstrong, new economy, operational security, profit maximization, profit motive, public intellectual, QAnon, race to the bottom, Ralph Nader, remote working, Robert Bork, Ronald Reagan, Rutger Bregman, self-driving car, shareholder value, side hustle, Silicon Valley, six sigma, Social Responsibility of Business Is to Increase Its Profits, Steve Ballmer, stock buybacks, subprime mortgage crisis, TaskRabbit, technoutopianism, Travis Kalanick, Uber and Lyft, uber lyft, warehouse robotics, Watson beat the top human players on Jeopardy!, We are the 99%, WeWork, women in the workforce

During this same time: Douglas MacMillan, Peter Whoriskey and Jonathan O’Connell, graphics by Chris Alcantara, “America’s biggest companies are flourishing during the pandemic and putting thousands of people out of work,” Washington Post, December 16, 2020, https://www.washingtonpost.com/graphics/2020/business/50-biggest-companies-coronavirus-layoffs/. “At Norwegian Cruise Line”: David Gelles, “C.E.O. Pay Remains Stratospheric, Even at Companies Battered by Pandemic,” New York Times, April 24, 2021, https://www.nytimes.com/2021/04/24/business/ceos-pandemic-compensation.html. “One study showed”: Jerry Useem, “Beware of Corporate Promises,” August 6, 2020, https://www.theatlantic.com/ideas/archive/2020/08/companies-stand-solidarity-are-licensing-themselves-discriminate/614947/.


pages: 263 words: 89,341

Drama Queen: One Autistic Woman and a Life of Unhelpful Labels by Sara Gibbs

Airbnb, Asperger Syndrome, coronavirus, fake it until you make it, gentrification, Helicobacter pylori, neurotypical, one-state solution, payday loans, Skype, tech billionaire

I never take him anywhere. When I go on holiday, I leave him in a fireproof safe. If I ever got burgled, I can only imagine the thieves’ disappointment when they smash the thing open and the loot is just a tattered old pig with three decades’ worth of inbuilt diseases. I’m not saying Piggy is responsible for the coronavirus outbreak, but I can’t say the same for swine flu. If my attachment to inanimate objects seems unhealthy, it’s not a patch on how I feel about people. During my early childhood, I would walk past strangers and suddenly feel a pang of agony that I would never see them again. That was the lowest bar.


pages: 270 words: 88,213

Rough Sleepers: Dr. Jim O'Connell's Urgent Mission to Bring Healing to Homeless People by Tracy Kidder

Abraham Maslow, Affordable Care Act / Obamacare, bank run, coronavirus, feminist movement, fixed income, gentrification, income inequality, Jane Jacobs, medical residency, meta-analysis, military-industrial complex, obamacare, San Francisco homelessness, The Death and Life of Great American Cities, The Soul of a New Machine, War on Poverty

During the early months of Covid, Los Angeles moved a number of homeless people into motels, a temporary partial solution that has become permanent: Weber, C. “California Spending Billions to House Homeless in Hotels.” Associated Press, August 21, 2021. apnews.com/​article/​lifestyle-business-health-california-coronavirus-pandemic-835c2091c63c199d397346a497e7ae49. Confession Sources on Father Alan E. Caparella: “Assignment Record—Rev. Alan E. Caparella, o.f.m.” Waltham, Mass.: Bishop-Accountability.org. October 2, 2013. bishopaccountability.org/​assign/​Caparella_Alan_E_ofm.htm. “Franciscan Friars—OFM—185 Accused in This Religious Order.”


The Knowledge Machine: How Irrationality Created Modern Science by Michael Strevens

Albert Einstein, Albert Michelson, anthropic principle, Arthur Eddington, Atul Gawande, coronavirus, COVID-19, dark matter, data science, Eddington experiment, Edmond Halley, Fellow of the Royal Society, fudge factor, germ theory of disease, Great Leap Forward, Gregor Mendel, heat death of the universe, Higgs boson, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, invention of the telescope, Isaac Newton, Islamic Golden Age, Johannes Kepler, Large Hadron Collider, longitudinal study, Louis Pasteur, military-industrial complex, Murray Gell-Mann, Peace of Westphalia, Richard Feynman, Stephen Hawking, Steven Pinker, systematic bias, Thales of Miletus, the scientific method, Thomas Bayes, William of Occam

Exotic diseases—Ebola, AIDS, SARS, MERS, Zika, COVID-19, which is rampaging as I write—are vaulting from animals to humans every generation. Technology is decreasing in size and growing in power like an ever more tightly sprung trap. We’ve pampered and praised the knowledge machine, given it the autonomy it has needed to grow. Now we desperately need its advice. Figure 14.2. A cell heavily infected by SARS-CoV-2, the coronavirus that causes COVID-19 With enough evidence in—with Baconian convergence achieved or at least well on the way—there will exist a consensus among scientists that is functionally equivalent to science’s speaking with a single voice. But at the moment when some critical concern assumes maximum urgency, the evidence is often patchy and provisional: different scientists, bringing different plausibility rankings to bear on the same question, will express diverse opinions.


pages: 303 words: 100,516

Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork by Reeves Wiedeman

Adam Neumann (WeWork), Airbnb, asset light, barriers to entry, Black Lives Matter, Blitzscaling, Burning Man, call centre, carbon footprint, company town, coronavirus, corporate governance, COVID-19, cryptocurrency, digital nomad, do what you love, Donald Trump, driverless car, dumpster diving, East Village, eat what you kill, Elon Musk, Erlich Bachman, fake news, fear of failure, Gavin Belson, Gordon Gekko, housing crisis, index fund, Jeff Bezos, low interest rates, Lyft, Marc Benioff, margin call, Mark Zuckerberg, Masayoshi Son, Maui Hawaii, medical residency, Menlo Park, microapartment, mortgage debt, Network effects, new economy, prosperity theology / prosperity gospel / gospel of success, reality distortion field, ride hailing / ride sharing, Salesforce, Sand Hill Road, sharing economy, Sheryl Sandberg, Silicon Valley, Silicon Valley startup, Skype, Snapchat, SoftBank, software as a service, sovereign wealth fund, starchitect, stealth mode startup, Steve Jobs, Steve Wozniak, subscription business, TechCrunch disrupt, the High Line, Tim Cook: Apple, too big to fail, Travis Kalanick, Uber for X, uber lyft, Vision Fund, WeWork, zero-sum game

Masa’s second Vision Fund was teetering, but he asked for patience: on a conference call with investors, Masa said that he may be underappreciated in his time, much like Jesus Christ. During his presentation, Masa came to a slide showing several unicorns running up a hill. Halfway to the top, several of them fell into an unforeseen ditch: the Valley of Coronavirus. The good news was that he remained hopeful that some of his Vision Fund bets were well positioned for the future, and when he clicked to the next slide, it showed one of the unicorns sprouting wings. WeWork did not seem likely to take flight. SoftBank was marking down its investment to a new low—$2.9 billion, or just 6 percent of its valuation a year earlier.


pages: 418 words: 102,597

Being You: A New Science of Consciousness by Anil Seth

AlphaGo, artificial general intelligence, augmented reality, backpropagation, carbon-based life, Claude Shannon: information theory, computer age, computer vision, Computing Machinery and Intelligence, coronavirus, correlation does not imply causation, CRISPR, cryptocurrency, deep learning, deepfake, DeepMind, Drosophila, en.wikipedia.org, Filter Bubble, GPT-3, GPT-4, John Markoff, longitudinal study, Louis Pasteur, mirror neurons, Neil Armstrong, Nick Bostrom, Norbert Wiener, OpenAI, paperclip maximiser, pattern recognition, Paul Graham, Pierre-Simon Laplace, planetary scale, Plato's cave, precautionary principle, Ray Kurzweil, self-driving car, speech recognition, stem cell, systems thinking, technological singularity, TED Talk, telepresence, the scientific method, theory of mind, Thomas Bayes, TikTok, Turing test

This is the so-called ‘Singularity’ hypothesis, popularised by the futurist Ray Kurzweil and motivated by the extraordinary growth in raw computational resources over the last few decades. Where are we on this exponential curve? The problem with exponential curves – as many of us learned during the recent coronavirus pandemic – is that wherever you stand on them, what’s ahead looks impossibly steep and what’s behind looks irrelevantly flat. The local view gives no clue to where you are. Then there are our Promethean fears that our creations will turn on us in some way or another – fears which have been recognised, repackaged, and sold back to us by any number of science fiction movies and books.


pages: 302 words: 100,493

Working Backwards: Insights, Stories, and Secrets From Inside Amazon by Colin Bryar, Bill Carr

Amazon Web Services, barriers to entry, Big Tech, Black Lives Matter, business logic, business process, cloud computing, coronavirus, COVID-19, data science, delayed gratification, en.wikipedia.org, fulfillment center, iterative process, Jeff Bezos, late fees, loose coupling, microservices, Minecraft, performance metric, search inside the book, shareholder value, Silicon Valley, six sigma, Steve Jobs, subscription business, Toyota Production System, two-pizza team, web application, why are manhole covers round?

Classification: LCC HF5548.32 .B795 2021 | DDC 381/.14206573—dc23 LC record available at https://lccn.loc.gov/2020037477 eISBN 9781250267603 Our ebooks may be purchased in bulk for promotional, educational, or business use. Please contact the Macmillan Corporate and Premium Sales Department at 1-800-221-7945, extension 5442, or by email at MacmillanSpecialMarkets@macmillan.com. First Edition: 2021 *  In his shareholder letter of April 16, 2020, shortly after the outbreak of the coronavirus pandemic, Jeff Bezos did address Amazon’s impact on multiple fronts. He described the company’s efforts to answer the increased demand on Amazon’s services by people in lockdown. He described safety measures at fulfillment centers, an accelerated Amazon program to ramp up testing, and the partnership of Amazon Web Services with the WHO and other health organizations.


pages: 319 words: 102,839

Heavy Metal: The Hard Days and Nights of the Shipyard Workers Who Build America's Supercarriers by Michael Fabey

Albert Einstein, augmented reality, Berlin Wall, Black Lives Matter, Boeing 747, company town, contact tracing, coronavirus, COVID-19, desegregation, Dissolution of the Soviet Union, Donald Trump, Fall of the Berlin Wall, George Floyd, glass ceiling, illegal immigration, Minecraft, Ronald Reagan, social distancing, South China Sea, union organizing

“This is why we urge you to practice social distancing and wear a mask whenever you are in public.” She added, “Our cases will very likely continue to grow. We are in the process now of refining our long-term operations plan to address how we safely operate with no foreseeable end to Covid-19.” In the midst of this, Virginia became the first state to issue work safety standards for coronavirus—not the best environment for building a new aircraft carrier. For some, like supervisor Don Doverspike, tougher work rules created greater headaches. After the ship launch, Doverspike began to coordinate the building of the ventilation system—no small task for a small mobile city. Covid-19, though, forced him to work from his home in nearby Williamsburg.


pages: 334 words: 103,106

Inheritance by Leo Hollis

British Empire, Capital in the Twenty-First Century by Thomas Piketty, coronavirus, Fellow of the Royal Society, forensic accounting, high net worth, housing crisis, Isaac Newton, Jane Jacobs, Jeremy Corbyn, joint-stock company, Kickstarter, land bank, Leo Hollis, lockdown, New Urbanism, offshore financial centre, place-making, side hustle, social distancing, South Sea Bubble, The Death and Life of Great American Cities, urban planning

John Mackay’s prospective map of the layout of the new development, 1723 Such an economic bust had a huge impact on all other forms of speculation. It is calculated that there has not been such a dramatic fall in economic activity in the three hundred years since, until the 2020 ‘lockdown’ as a consequence of the coronavirus. Work on Cavendish Square screeched to a halt. It was in the midst of the South Sea speculation that work eventually began on Grosvenor Square. The layout of the whole scheme was devised by Barlow. The surveyor created a large map with the new streetscape, and John Mackay set this out into a compelling projection in 1723.


pages: 482 words: 106,041

The World Without Us by Alan Weisman

British Empire, carbon-based life, company town, conceptual framework, coronavirus, invention of radio, Nick Bostrom, nuclear winter, optical character recognition, out of africa, Ray Kurzweil, rewilding, the High Line, trade route, uranium enrichment, William Langewiesche

Centers for Disease Control, is paid to worry that something could take out many millions of us. Ksiazek is a former army veterinary microbiologist and a virologist, and his consultations range from threats of biological attack to hazards that unexpectedly jump from other species, such as the SARS coronavirus he helped to characterize. Grim as those scenarios are, especially in an age when so many of us live in oversized Petri dishes called cities, where microbes congregate and flourish, he doesn’t see an infectious agent arising that could wipe out the entire species. “It would be unparalleled. We work with the most virulent, and even with those there are survivors.”


Pure Invention: How Japan's Pop Culture Conquered the World by Matt Alt

4chan, Apollo 11, augmented reality, Black Lives Matter, blue-collar work, coronavirus, COVID-19, Donald Trump, fake news, financial engineering, game design, glass ceiling, global pandemic, haute cuisine, hive mind, late capitalism, lateral thinking, lolcat, Mark Zuckerberg, mass immigration, megacity, military-industrial complex, New Urbanism, period drama, Ponzi scheme, Saturday Night Live, Silicon Valley, Silicon Valley startup, Skype, social distancing, Social Justice Warrior, Steve Bannon, Steve Jobs, Steve Wozniak, strikebreaker, three-martini lunch, union organizing, work culture , zero-sum game

Western toy industry sells increasing quantities of its products to adults: Harry Pettit, “The Rise of the Kidults: Growth in the Toy Market Is Being Driven by Millennials Playing with Children’s Games,” Daily Mail, April 11, 2017, https://www.dailymail.co.uk/​sciencetech/​article-4400708/​1-11-toys-sold-bought-adult-themselves.html. A surge in demand at streaming services: Jacob Kastrenakes, “Sony will slow down PlayStation downloads in Europe, but says multiplayer will remain ‘robust,’ ” The Verge, March 24, 2020, https://www.theverge.com/​2020/​3/24/​21192370/​playstation-coronavirus-download-speeds-slowed-europe-multiplayer. It sold 11.77 million copies: Liam Doolan, "Animal Crossing: New Horizons Has Already Exceeded Nintendo's Lifetime Sales Predictions," Nintendo Life, May 10, 2020. http://www.nintendolife.com/​news/​2020/​05/​animal_crossing_​new_horizons_​has_already_exceeded_​nintendos_lifetime_​sales_predictions.


pages: 461 words: 106,027

Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business by Arvid Kahl

business logic, business process, centre right, Chuck Templeton: OpenTable:, cognitive load, content marketing, continuous integration, coronavirus, COVID-19, crowdsourcing, domain-specific language, financial independence, functional programming, Google Chrome, hockey-stick growth, if you build it, they will come, information asymmetry, information retrieval, inventory management, Jeff Bezos, job automation, Kanban, Kubernetes, machine readable, minimum viable product, Network effects, performance metric, post-work, premature optimization, risk tolerance, Ruby on Rails, sentiment analysis, side hustle, Silicon Valley, single source of truth, software as a service, solopreneur, source of truth, statistical model, subscription business, sunk-cost fallacy, supply-chain management, the long tail, trickle-down economics, value engineering, web application

Referral systems are meant to support your marketing with an incentivized method of getting new users to try out your product. Make sure your product is shareable, your rewards incentivize your customers, and you provide plenty of information on how they can communicate the benefits to prospective customers. Surviving a Recession as a Bootstrapped Business Just a few weeks after the beginning of the Coronavirus outbreak in early 2020, the first SaaS businesses were reporting cancellations. The bootstrapped SaaS world may not have been affected by the pandemic as much as other industries, but we saw second-order effects appearing quickly. For example, you may not be affected by a temporary closure of bars and restaurants directly.


Drunk: How We Sipped, Danced, and Stumbled Our Way to Civilization by Edward Slingerland

agricultural Revolution, Alexander Shulgin, Any sufficiently advanced technology is indistinguishable from magic, Burning Man, classic study, collective bargaining, coronavirus, COVID-19, Day of the Dead, delayed gratification, Deng Xiaoping, disruptive innovation, Drosophila, experimental economics, germ theory of disease, global pandemic, Google Hangouts, hive mind, invention of agriculture, John Markoff, knowledge worker, land reform, lateral thinking, lockdown, lone genius, meta-analysis, microdosing, Picturephone, placebo effect, post-work, Ralph Waldo Emerson, search costs, Silicon Valley, Skype, social intelligence, Steve Ballmer, Steve Jobs, Steven Pinker, sugar pill, TED Talk, Tragedy of the Commons, WeWork, women in the workforce, work culture , Zenefits

This has to be taken into account when considering what is lost and what is gained in a world where human interaction more and more takes place only through the medium of our computer screens. A newspaper editorial39 published in the early months of 2020, as the Covid-19 pandemic caused governments to begin locking down multiple sectors of public life, observed that the post-coronavirus economy will be a much smaller, less productive one. “In a world where the office is open but the pub is not,” it noted, “qualitative differences in the way life feels will be at least as significant as the drop in output.” This has certainly been true, but it is equally important to note that the absence of pubs has had a direct effect on both the qualitative feeling of life and actual productivity.


pages: 387 words: 106,753

Why Startups Fail: A New Roadmap for Entrepreneurial Success by Tom Eisenmann

Airbnb, Atul Gawande, autonomous vehicles, Ben Horowitz, Big Tech, bitcoin, Blitzscaling, blockchain, call centre, carbon footprint, Checklist Manifesto, clean tech, conceptual framework, coronavirus, corporate governance, correlation does not imply causation, COVID-19, crowdsourcing, Daniel Kahneman / Amos Tversky, data science, Dean Kamen, drop ship, Elon Musk, fail fast, fundamental attribution error, gig economy, growth hacking, Hyperloop, income inequality, initial coin offering, inventory management, Iridium satellite, Jeff Bezos, Jeff Hawkins, Larry Ellison, Lean Startup, Lyft, Marc Andreessen, margin call, Mark Zuckerberg, minimum viable product, Network effects, nuclear winter, Oculus Rift, PalmPilot, Paul Graham, performance metric, Peter Pan Syndrome, Peter Thiel, reality distortion field, Richard Thaler, ride hailing / ride sharing, risk/return, Salesforce, Sam Altman, Sand Hill Road, side project, Silicon Valley, Silicon Valley startup, Skype, social graph, software as a service, Solyndra, speech recognition, stealth mode startup, Steve Jobs, TED Talk, two-sided market, Uber and Lyft, Uber for X, uber lyft, vertical integration, We wanted flying cars, instead we got 140 characters, WeWork, Y Combinator, young professional, Zenefits

Measuring Performance My measure of performance was the change in the value of equity raised in a startup’s first major funding round: Did the value of this equity increase, stay roughly the same, or decrease—at the extreme, going to zero? Specifically, the founder/CEOs of startups still operating were asked, “As of December 31, 2019, before news of the coronavirus pandemic became widespread, how much would someone have paid for your startup’s first round equity/convertible notes?” The multiple-choice options were 1) >150 percent of the amount originally invested; 2) 50 percent to 150 percent; or 3) <50 percent. Respondents were also told, “We know that first round equity and convertible notes cannot normally be sold—but imagine that they could.


pages: 367 words: 110,161

The Bond King: How One Man Made a Market, Built an Empire, and Lost It All by Mary Childs

Alan Greenspan, asset allocation, asset-backed security, bank run, Bear Stearns, beat the dealer, break the buck, buy and hold, Carl Icahn, collateralized debt obligation, commodity trading advisor, coronavirus, creative destruction, Credit Default Swap, credit default swaps / collateralized debt obligations, currency peg, diversification, diversified portfolio, Edward Thorp, financial innovation, fixed income, global macro, high net worth, hiring and firing, housing crisis, Hyman Minsky, index card, index fund, interest rate swap, junk bonds, Kevin Roose, low interest rates, Marc Andreessen, Minsky moment, money market fund, mortgage debt, Myron Scholes, NetJets, Northern Rock, off-the-grid, pneumatic tube, Ponzi scheme, price mechanism, quantitative easing, Robert Shiller, Savings and loan crisis, skunkworks, sovereign wealth fund, stem cell, Steve Jobs, stocks for the long run, The Great Moderation, too big to fail, Vanguard fund, yield curve

In September 2020, he issued an Investment Outlook by press release, titled TATTOOED, in which he called his youngest son, his only child with Sue, a disappointment. “Guess there is always one tattooed (black) sheep in every family,” he wrote. “Nick is mine.” Then he pivoted to how the global economy had been “tattooed” by coronavirus. He was also in a fight closer to his literal home—or, rather, the beautiful home he’d bought for his then–“life partner,” Amy Schwartz. He’d met her through Bill Powers, of all people, in 2017; she was a former tennis pro in her late forties then. They loved to golf together. He’d gifted her a $1 million Dale Chihuly sculpture, which they’d installed in the yard of the beachfront mansion.


pages: 322 words: 106,663

Women Talk Money: Breaking the Taboo by Rebecca Walker

Affordable Care Act / Obamacare, anti-communist, back-to-the-land, BIPOC, Black Lives Matter, call centre, clean water, coronavirus, COVID-19, export processing zone, fake news, Ferguson, Missouri, financial independence, gentrification, George Floyd, global pandemic, high net worth, hockey-stick growth, hustle culture, impact investing, invisible hand, Jeff Bezos, job satisfaction, Kickstarter, Mark Zuckerberg, mass incarceration, Maui Hawaii, microaggression, neurotypical, obamacare, opioid epidemic / opioid crisis, Rana Plaza, Silicon Valley, Silicon Valley startup, TED Talk, unpaid internship, upwardly mobile, women in the workforce, working poor, Y Combinator

I’m better enough that I am now completely off of asthma medications—not just the new ones I started to take when I spiraled in 2017, but all of them, every single one. I’m better enough to feel grateful for how much better I’ve become; to know how lucky I was that my health improved before the coronavirus struck; to think of the events of 2017 to 2018 as part of my past. I’m better enough to feel a sense of responsibility and anger on behalf of the many, many people who’ve been made sick, as I was, by environmental poisons—but who do not have the options I did; as well as the people who’ve put themselves in harm’s way this last year, in order to take care of the rest of us.


pages: 312 words: 108,194

Invention: A Life by James Dyson

3D printing, additive manufacturing, augmented reality, Boris Johnson, Buckminster Fuller, car-free, carbon footprint, coronavirus, country house hotel, COVID-19, electricity market, Elon Musk, Etonian, Fellow of the Royal Society, Ford Model T, global supply chain, Google Glasses, Indoor air pollution, James Dyson, James Watt: steam engine, lockdown, microplastics / micro fibres, mittelstand, remote working, rewilding, Saturday Night Live, side project, Silicon Valley, Silicon Valley startup, social distancing, sovereign wealth fund, uranium enrichment, warehouse automation, Winter of Discontent, Yom Kippur War, young professional

The Corrale uses battery power, so users are free to style their hair without needing to be near a power socket, convenient at home but also in the car, at work, or perhaps glamping. Although batteries do add weight and cost, there is not the tugging weight of the power cord. I was about to launch the Dyson Corrale straightener in New York in early March 2020. The venue was ready but then the coronavirus pandemic struck. Since I was in Paris at the time, the next day I did an online launch at our new Paris store facing the exuberant Paris Opéra. A camera followed me inside the shop while I explained how the Dyson Corrale straightener worked by gathering the tress and providing even tension, and how it worked using a much lower temperature than existing hair straighteners.


pages: 426 words: 117,722

King Richard: Nixon and Watergate--An American Tragedy by Michael Dobbs

anti-communist, Berlin Wall, coronavirus, COVID-19, cuban missile crisis, desegregation, Donald Trump, MITM: man-in-the-middle, RAND corporation, rolodex, Ronald Reagan, Seymour Hersh, Ted Sorensen, éminence grise

I would like to thank all the archivists at the Nixon Library, but particularly Ryan Pettigrew, who had the foresight to assemble a huge electronic database of the Nixon photo archive several years ago. This database proved invaluable when the library, along with other branches of the National Archives, was compelled to close its doors to researchers during the coronavirus pandemic. Without this electronic treasure trove and Ryan’s assistance, I would been unable to obtain many of the photographs that appear in this book in time for publication. My interest in Nixon and Watergate was sparked in part by my work for The Washington Post over more than two decades, as both a foreign correspondent and a member of the investigative staff.


pages: 422 words: 114,817

Shielded: How the Police Became Untouchable by Joanna Schwartz

Black Lives Matter, coronavirus, COVID-19, desegregation, Donald Trump, facts on the ground, George Floyd, Jeffrey Epstein, Maui Hawaii, medical malpractice, Ronald Reagan

In June 2020, in the wake of the murder of George Floyd, Gallup announced that public confidence in the police had dipped below 50 percent for the first time in several decades, prompting a flurry of headlines about changing perspectives about law enforcement. But trust in the police had only dipped to 48 percent. And it had only moved from the third to the fourth most trusted institution; in the midst of the coronavirus pandemic, the medical system had taken third place. Of course, not all people trust the police, and the demographics of differences of opinion on this point are noteworthy. Gallup’s 2020 poll found that 82 percent of Republicans had confidence in the police, as compared with 28 percent of Democrats.


pages: 424 words: 119,679

It's Better Than It Looks: Reasons for Optimism in an Age of Fear by Gregg Easterbrook

affirmative action, Affordable Care Act / Obamacare, air freight, Alan Greenspan, Apollo 11, autonomous vehicles, basic income, Bernie Madoff, Bernie Sanders, Black Lives Matter, Boeing 747, Branko Milanovic, Brexit referendum, business cycle, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, clean tech, clean water, coronavirus, Crossrail, David Brooks, David Ricardo: comparative advantage, deindustrialization, Dissolution of the Soviet Union, Donald Trump, driverless car, Elon Musk, Exxon Valdez, factory automation, failed state, fake news, full employment, Gini coefficient, Google Earth, Home mortgage interest deduction, hydraulic fracturing, Hyperloop, illegal immigration, impulse control, income inequality, independent contractor, Indoor air pollution, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, James Watt: steam engine, labor-force participation, liberal capitalism, longitudinal study, Lyft, mandatory minimum, manufacturing employment, Mikhail Gorbachev, minimum wage unemployment, Modern Monetary Theory, obamacare, oil shale / tar sands, Paul Samuelson, peak oil, plant based meat, plutocrats, Ponzi scheme, post scarcity, purchasing power parity, quantitative easing, reserve currency, rising living standards, Robert Gordon, Ronald Reagan, self-driving car, short selling, Silicon Valley, Simon Kuznets, Slavoj Žižek, South China Sea, Steve Wozniak, Steven Pinker, supervolcano, The Chicago School, The Rise and Fall of American Growth, the scientific method, There's no reason for any individual to have a computer in his home - Ken Olsen, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, transaction costs, Tyler Cowen, uber lyft, universal basic income, War on Poverty, Washington Consensus, We are all Keynesians now, WikiLeaks, working poor, Works Progress Administration

Other twenty-first-century disease outbreaks followed a similar pattern. In 2009, swine flu was widely believed to be proliferating relentlessly, predicted to cause millions of deaths. Instead, the 2009 swine flu killed around 18,000 people worldwide, which was terrible, but far less than the death toll from pneumonia that year. In 2012, a coronavirus was detected moving from camels to people in Saudi Arabia. The disease, Middle East respiratory syndrome (MERS), was declared an extraordinary threat. An official of the Council on Foreign Relations, citadel of the American establishment, said MERS could be the “new Black Death,” predicting that one-quarter of the population of Europe and Africa would die from the condition.


pages: 909 words: 130,170

Work: A History of How We Spend Our Time by James Suzman

agricultural Revolution, AlphaGo, Anthropocene, basic income, biodiversity loss, carbon footprint, clean water, coronavirus, corporate social responsibility, cyber-physical system, David Graeber, death from overwork, deepfake, do-ocracy, double entry bookkeeping, double helix, fake news, financial deregulation, Ford Model T, founder crops, Frederick Winslow Taylor, gentrification, Great Leap Forward, interchangeable parts, invention of agriculture, invention of writing, invisible hand, Isaac Newton, James Watt: steam engine, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, karōshi / gwarosa / guolaosi, Kibera, Kickstarter, late capitalism, lateral thinking, market bubble, New Urbanism, Occupy movement, ocean acidification, Parkinson's law, Peter Singer: altruism, post-industrial society, post-work, public intellectual, Rubik’s Cube, Schrödinger's Cat, scientific management, sharing economy, social intelligence, spinning jenny, The Future of Employment, the scientific method, The Wealth of Nations by Adam Smith, theory of mind, trickle-down economics, universal basic income, upwardly mobile, urban planning, work culture , zoonotic diseases

Included among them are a bucketload of gastrointestinal diseases, bacterial pathogens like anthrax and tuberculosis, parasites like toxoplasmosis, and viral pathogens like measles and influenza. And our history of consuming wild animals from pangolins to bats has introduced numerous pathogens to our species, including SARS and SARS-CoV-2 coronavirus. The difference is that in the deep past when human populations were considerably smaller and widely dispersed, these outbreaks usually died off as soon as they killed their hosts or their hosts developed an immunity to the pathogens. These microscopic pathogens are less mysterious now than they were in the past.


pages: 476 words: 139,761

Kleptopia: How Dirty Money Is Conquering the World by Tom Burgis

active measures, Anton Chekhov, banking crisis, Bear Stearns, Bernie Madoff, Big bang: deregulation of the City of London, Boris Johnson, Brexit referendum, British Empire, collapse of Lehman Brothers, coronavirus, corporate governance, COVID-19, credit crunch, Credit Default Swap, cryptocurrency, disinformation, do-ocracy, Donald Trump, energy security, Etonian, failed state, fake news, Gordon Gekko, high net worth, Honoré de Balzac, illegal immigration, invisible hand, Julian Assange, liberal capitalism, light touch regulation, lockdown, Mark Zuckerberg, Martin Wolf, Michael Milken, Mikhail Gorbachev, Mohammed Bouazizi, Northern Rock, offshore financial centre, Right to Buy, Ronald Reagan, Skype, sovereign wealth fund, trade route, WikiLeaks

What money he was managing to bring in came from ‘like-minded Kazakhs who share my political goals of overthrowing the dictatorial and undemocratic regime of Kazakhstan’. Those Kazakhs risked imprisonment for supporting him, Ablyazov wrote, and Nazarbayev’s surveillance was as constant as ever. So Ablyazov’s backers avoided communicating with him by phone or email and instead came to see him in France. Ablyazov told the judge the coronavirus lockdown had prevented his benefactors bringing him money. ‘I have no funds of my own,’ he wrote, not even enough to hire a lawyer. In Geneva, Iliyas Khrapunov was spending so much time fighting the Kazakhs’ lawsuits that he was practically a self-taught lawyer himself. Judges in Switzerland ruled Kazakhstan’s request for legal assistance in pursuit of Iliyas’s parents unlawful.


pages: 575 words: 140,384

It's Not TV: The Spectacular Rise, Revolution, and Future of HBO by Felix Gillette, John Koblin

activist fund / activist shareholder / activist investor, Airbnb, Amazon Web Services, AOL-Time Warner, Apollo 13, Big Tech, bike sharing, Black Lives Matter, Burning Man, business cycle, call centre, cloud computing, coronavirus, corporate governance, COVID-19, data science, disruptive innovation, Dissolution of the Soviet Union, Donald Trump, Elon Musk, Erlich Bachman, Exxon Valdez, fake news, George Floyd, Jeff Bezos, Keith Raniere, lockdown, Menlo Park, multilevel marketing, Nelson Mandela, Netflix Prize, out of africa, payday loans, peak TV, period drama, recommendation engine, Richard Hendricks, ride hailing / ride sharing, risk tolerance, Robert Durst, Ronald Reagan, Saturday Night Live, self-driving car, shareholder value, Sheryl Sandberg, side hustle, Silicon Valley, Silicon Valley startup, Stephen Hawking, Steve Jobs, subscription business, tech billionaire, TechCrunch disrupt, TikTok, Tim Cook: Apple, traveling salesman, unpaid internship, upwardly mobile, urban decay, WeWork

In the years that followed, Hehir would go on to direct a series of award-winning sport documentaries for ESPN’s 30 for 30 franchise. And in 2020, he would create The Last Dance, a multipart series about the Chicago Bulls for ESPN and Netflix, which would become the most watched documentary in ESPN’s history—and one of the biggest cultural hits in America during the early months of the coronavirus pandemic. For years, first under Bewkes, then Albrecht, HBO Sports had grown less and less central to the network’s mission. Now, thoroughly marginalized, HBO Sports was driving a budding star into the arms of a rival. “HBO Sports was at the time the antithesis of forward-thinking HBO,” Hehir says.


pages: 598 words: 150,801

Snakes and Ladders: The Great British Social Mobility Myth by Selina Todd

assortative mating, Bletchley Park, Boris Johnson, collective bargaining, conceptual framework, coronavirus, COVID-19, deindustrialization, deskilling, DIY culture, emotional labour, Etonian, fear of failure, feminist movement, financial independence, full employment, Gini coefficient, greed is good, housing crisis, income inequality, Jeremy Corbyn, Kickstarter, Mahatma Gandhi, manufacturing employment, meritocracy, Nick Leeson, offshore financial centre, old-boy network, profit motive, rent control, Right to Buy, school choice, social distancing, statistical model, The Home Computer Revolution, The Spirit Level, traveling salesman, unpaid internship, upwardly mobile, urban sprawl, women in the workforce, Yom Kippur War, young professional

Supermarket staff, paramedics, hospital cleaners and social care workers are essential to our society. Yet they are offered few material rewards and little scope for training or further education. Many are paid below the minimum wage.9 Staff sickness and turnover rates are very high in the social care sector. ‘Coronavirus has forced us to rethink who we value and how’, wrote the Financial Times correspondent Sarah O’Connor in April 2020. ‘Some of the workers we have left to languish in low-paid and insecure jobs are the very ones we cannot live without’.10 We therefore have some jobs that are highly desirable but to which entry is conditional on leaping social barriers, and others – equally demanding and at least as necessary – which often don’t pay people enough to live on.


Lonely Planet Belgium & Luxembourg by Lonely Planet

active transport: walking or cycling, Albert Einstein, bike sharing, Black Lives Matter, carbon footprint, centre right, charter city, colonial rule, coronavirus, COVID-19, friendly fire, gentrification, glass ceiling, Kickstarter, Louis Pasteur, Peace of Westphalia, QR code, ride hailing / ride sharing, three-masted sailing ship, urban renewal

While warring factions squabbled, a caretaker government managed day-to-day affairs. This was headed by Sophie Wilmès, who became Belgium’s first female prime minister when she took the reins in 2019. Expected to stay out of the limelight, Wilmès instead found herself grappling with the nation’s greatest crisis since WWII when the coronavirus pandemic claimed thousands of lives and the economy cratered – with GDP shrinking by 6.2% in 2020. Wilmès herself contracted the disease and spent nearly a week in intensive care. The political fighting finally came to an end in October 2020, when the 44-year-old Flemish Liberal Alexander De Croo became prime minister.


Fodor's Essential Belgium by Fodor's Travel Guides

Airbnb, Albert Einstein, augmented reality, bike sharing, blood diamond, car-free, carbon footprint, Charles Lindbergh, colonial rule, coronavirus, COVID-19, Easter island, Ford Model T, gentrification, haute cuisine, index card, Kickstarter, low cost airline, New Urbanism, out of africa, QR code, retail therapy, rewilding, ride hailing / ride sharing, starchitect, three-masted sailing ship, trade route, urban renewal, urban sprawl, young professional

The smell is something else entirely, but kids will love dressing up in the overalls and stomping around this hidden world. Know Before You Go GET YOUR COVID-19 PAPERWORK SORTED For as long as COVID-19 is with us, all travelers to Belgium, even if entering overland from a neighboring country, need to complete a Passenger Locator Form (PLF) online (travel.info-coronavirus.be) , no more than 48 hours before arriving, providing a local address and other information; you’ll be sent a QR code to present at passport control. The only exception to this is if you arrive overland and stay for less than 48 hours. Chances are you will also need proof of vaccination or recovery, and—if arriving by air—a negative PCR test before traveling.


pages: 524 words: 154,652

Blood in the Machine: The Origins of the Rebellion Against Big Tech by Brian Merchant

"World Economic Forum" Davos, Ada Lovelace, algorithmic management, Amazon Mechanical Turk, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, basic income, Bernie Sanders, Big Tech, big-box store, Black Lives Matter, Cambridge Analytica, Charles Babbage, ChatGPT, collective bargaining, colonial rule, commoditize, company town, computer age, computer vision, coronavirus, cotton gin, COVID-19, cryptocurrency, DALL-E, decarbonisation, deskilling, digital rights, Donald Trump, Edward Jenner, Elon Musk, Erik Brynjolfsson, factory automation, flying shuttle, Frederick Winslow Taylor, fulfillment center, full employment, future of work, George Floyd, gig economy, gigafactory, hiring and firing, hockey-stick growth, independent contractor, industrial robot, information asymmetry, Internet Archive, invisible hand, Isaac Newton, James Hargreaves, James Watt: steam engine, Jeff Bezos, Jessica Bruder, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kevin Roose, Kickstarter, Lyft, Mark Zuckerberg, Marshall McLuhan, means of production, military-industrial complex, move fast and break things, Naomi Klein, New Journalism, On the Economy of Machinery and Manufactures, OpenAI, precariat, profit motive, ride hailing / ride sharing, Sam Bankman-Fried, scientific management, Second Machine Age, self-driving car, sharing economy, Silicon Valley, sovereign wealth fund, spinning jenny, Steve Jobs, Steve Wozniak, super pumped, TaskRabbit, tech billionaire, tech bro, tech worker, techlash, technological determinism, Ted Kaczynski, The Future of Employment, The Wealth of Nations by Adam Smith, Thomas Malthus, Travis Kalanick, Uber and Lyft, uber lyft, union organizing, universal basic income, W. E. B. Du Bois, warehouse automation, warehouse robotics, working poor, workplace surveillance

A 2020 report from the Economic Policy Institute Lawrence Mishel and Jori Kandra, “CEO Compensation Surged 14 Percent in 2019 to $21.3 Million,” Economic Policy Institute, August 18, 2020. “CEOs now earn 320 times as much as a typical worker.” 10. “the richest 0.1 percent” David Leonhardt and Yaryna Serkez, “America Will Struggle after Coronavirus. These Charts Show Why,” New York Times, April 10, 2020. 11. “Why does everybody suddenly hate billionaires?” Roxanne Roberts, “Why Does Everybody Suddenly Hate Billionaires? Because They’ve Made It Easy,” Washington Post, March 13, 2019. 12. Polls conducted in 2021 Theodore Schleifer, “What Americans Really Think about Billionaires during the Pandemic,” Vox, Mar 30, 2021.


Alpha Trader by Brent Donnelly

Abraham Wald, algorithmic trading, Asian financial crisis, Atul Gawande, autonomous vehicles, backtesting, barriers to entry, beat the dealer, behavioural economics, bitcoin, Boeing 747, buy low sell high, Checklist Manifesto, commodity trading advisor, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, cryptocurrency, currency manipulation / currency intervention, currency risk, deep learning, diversification, Edward Thorp, Elliott wave, Elon Musk, endowment effect, eurozone crisis, fail fast, financial engineering, fixed income, Flash crash, full employment, global macro, global pandemic, Gordon Gekko, hedonic treadmill, helicopter parent, high net worth, hindsight bias, implied volatility, impulse control, Inbox Zero, index fund, inflation targeting, information asymmetry, invisible hand, iterative process, junk bonds, Kaizen: continuous improvement, law of one price, loss aversion, low interest rates, margin call, market bubble, market microstructure, Market Wizards by Jack D. Schwager, McMansion, Monty Hall problem, Network effects, nowcasting, PalmPilot, paper trading, pattern recognition, Peter Thiel, prediction markets, price anchoring, price discovery process, price stability, quantitative easing, quantitative trading / quantitative finance, random walk, Reminiscences of a Stock Operator, reserve currency, risk tolerance, Robert Shiller, secular stagnation, Sharpe ratio, short selling, side project, Stanford marshmallow experiment, Stanford prison experiment, survivorship bias, tail risk, TED Talk, the scientific method, The Wisdom of Crowds, theory of mind, time dilation, too big to fail, transaction costs, value at risk, very high income, yield curve, you are the product, zero-sum game

Note in Figure 7.11 how USDJPY bashed against 108.00 four times (four arrows) before a huge false break and then it retested the 108.00 level again afterwards (fifth arrow). I am therefore adding a short USDJPY recommendation. You could either sell here or leave an offer at 107.75 with a stop at 108.26. With ISM and payrolls tomorrow, there is a decent chance you get done. And with Yield Curve Control on the horizon and the explosion of coronavirus cases in the US South, I doubt strong US data will impact yields much. Note by leaving an order to sell above market at 107.75 through nonfarm payrolls, I attempt to take advantage of the noisy volatility created by an event I think is meaningless to get set at a good level on a trade I like for a bunch of reasons.


pages: 632 words: 163,143

The Musical Human: A History of Life on Earth by Michael Spitzer

Ada Lovelace, agricultural Revolution, AlphaGo, An Inconvenient Truth, Asperger Syndrome, Berlin Wall, Boris Johnson, bread and circuses, Brownian motion, cellular automata, Charles Babbage, classic study, coronavirus, COVID-19, creative destruction, crowdsourcing, David Attenborough, Douglas Hofstadter, East Village, Ford Model T, gamification, Gödel, Escher, Bach, hive mind, horn antenna, HyperCard, Internet of things, invention of agriculture, invention of writing, Johannes Kepler, Kickstarter, language acquisition, loose coupling, mandelbrot fractal, means of production, Menlo Park, mirror neurons, music of the spheres, out of africa, planetary scale, power law, randomized controlled trial, Snapchat, social intelligence, Steven Pinker, talking drums, technological singularity, TED Talk, theory of mind, TikTok, trade route, Turing test, Yom Kippur War

But digitisation gets at the very atoms of sound itself, transforming continuous soundwaves into a row of zeros and ones, into code.18 As binary data, sampled at a frequency of 44,100 cycles per second, music can be copied, pasted, manipulated, transmitted, downloaded and infinitely re-edited with no loss of data quality, making extinct the distinction between ‘original’ and ‘copy’.19 If everything is number, and the only reality is information flow, there is no difference between the Covid-19 virus, the coronavirus, computer code, the prime minister and the ‘Ode to Joy’. And yet, for all its shock, awe and wonder, the digital revolution is arguably no such thing: it is an evolution extrapolating old tendencies. The idea that the world was governed by mathematical proportions that music reveals goes back to the ancient Greeks and Babylonians, as we have seen (Chapter 6).


pages: 693 words: 169,849

The Aristocracy of Talent: How Meritocracy Made the Modern World by Adrian Wooldridge

"World Economic Forum" Davos, Ada Lovelace, affirmative action, Alan Greenspan, Albert Einstein, assortative mating, barriers to entry, Bernie Sanders, Black Lives Matter, Bletchley Park, borderless world, Boris Johnson, Brexit referendum, business intelligence, central bank independence, circulation of elites, Clayton Christensen, cognitive bias, Corn Laws, coronavirus, corporate governance, correlation coefficient, COVID-19, creative destruction, critical race theory, David Brooks, Dominic Cummings, Donald Trump, Double Irish / Dutch Sandwich, Etonian, European colonialism, fake news, feminist movement, George Floyd, George Gilder, Gini coefficient, glass ceiling, helicopter parent, Home mortgage interest deduction, income inequality, intangible asset, invention of gunpowder, invention of the printing press, Isaac Newton, Jeff Bezos, Jeremy Corbyn, Jim Simons, joint-stock company, Joseph Schumpeter, knowledge economy, knowledge worker, land tenure, London Interbank Offered Rate, Long Term Capital Management, Louis Pasteur, Mahatma Gandhi, Mark Zuckerberg, means of production, meritocracy, meta-analysis, microaggression, mortgage tax deduction, Myron Scholes, offshore financial centre, opioid epidemic / opioid crisis, Panopticon Jeremy Bentham, Peter Thiel, plutocrats, post-industrial society, post-oil, pre–internet, public intellectual, publish or perish, Ralph Waldo Emerson, RAND corporation, rent-seeking, Richard Florida, Ronald Reagan, scientific management, sexual politics, shareholder value, Sheryl Sandberg, Silicon Valley, spinning jenny, Steve Bannon, Steven Pinker, supply-chain management, surveillance capitalism, tech bro, The Bell Curve by Richard Herrnstein and Charles Murray, The Wealth of Nations by Adam Smith, Thorstein Veblen, three-martini lunch, Tim Cook: Apple, transfer pricing, Tyler Cowen, unit 8200, upwardly mobile, Vilfredo Pareto, W. E. B. Du Bois, wealth creators, women in the workforce

A Pew poll in 2019, for example, found that 73 per cent of Americans, including 62 per cent of African-Americans, say that colleges should refrain from taking race or ethnicity into account when making decisions about student admissions.5 Meritocracy straddles the East–West divide. In his address to the National Congress of the Communist Party of China in 2017 President Xi urged the Party to select officials ‘on the basis of merit regardless of social background’.6 His acolytes never miss an opportunity to point out that China’s relative success in fighting the Coronavirus pandemic compared with the West is proof of its superior ability to choose its leaders. Singapore pays top civil servants more than $1 million a year in salary and performance bonuses. South Koreans worship the American Ivy League even more fervently than Americans do themselves. And the divide between the public and private sectors too: successful civil services the world over have introduced elite streams and merit-based promotion; successful firms, such as McKinsey and Goldman Sachs, sell themselves on the basis of their brain power; the tech industry regards itself as meritocracy incarnate.


pages: 564 words: 168,696

Horizons: The Global Origins of Modern Science by James Poskett

Albert Einstein, Alfred Russel Wallace, anti-communist, Bartolomé de las Casas, British Empire, butterfly effect, Capital in the Twenty-First Century by Thomas Piketty, clockwork universe, colonial rule, Columbian Exchange, complexity theory, coronavirus, COVID-19, CRISPR, Dmitri Mendeleev, Donald Trump, double helix, Drosophila, Edmond Halley, Ernest Rutherford, European colonialism, Fellow of the Royal Society, German hyperinflation, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), invention of gunpowder, Isaac Newton, Islamic Golden Age, John Harrison: Longitude, Kickstarter, laissez-faire capitalism, lone genius, mass immigration, megacity, Mount Scopus, On the Revolutions of the Heavenly Spheres, personalized medicine, polynesian navigation, Republic of Letters, Silicon Valley, social distancing, South Sea Bubble, spice trade, Suez canal 1869, Suez crisis 1956, trade route, transatlantic slave trade, Virgin Galactic

., ‘Evaluation and Accurate Diagnoses of Pediatric Diseases Using Artificial Intelligence’, Nature Medicine 25 (2019), and Tanveer Syeda-Mahmood, ‘IBM AI Algorithms Can Read Chest X-Rays at Resident Radiologist Levels’, IBM Research Blog, accessed 16 December 2020, https://www.ibm.com/blogs/research/2020/11/ai-x-rays-for-radiologists/. 9Lee, AI Superpowers, 14–17, and Drew Harwell and Eva Dou, ‘Huawei Tested AI Software That Could Recognize Uighur Minorities and Alert Police, Report Says’, Washington Post, accessed 16 December 2020, https://www.washingtonpost.com/technology/2020/12/08/huawei-tested-ai-software-that-could-recognize-uighur-minorities-alert-police-report-says/. 10Karen Hao, ‘The Future of AI Research is in Africa’, MIT Technology Review, accessed 16 December 2020, https://www.technologyreview.com/2019/06/21/134820/ai-africa-machine-learning-ibm-google/, and ‘Moustapha Cissé’, African Institute for Mathematical Sciences, accessed 13 December 2020, https://nexteinstein.org/person/moustapha-cisse/. 11Shan Jie, ‘China Exports Facial ID Technology to Zimbabwe’, Global Times, accessed 14 December 2020, https://www.globaltimes.cn/content/1097747.shtml, and Amy Hawkins, ‘Beijing’s Big Brother Tech Needs African Faces’, Foreign Policy, accessed 14 December 2020, https://foreignpolicy.com/2018/07/24/beijings-big-brother-tech-needs-african-faces/. 12Elizabeth Gibney, ‘Israel–Arab Peace Accord Fuels Hope for Surge in Scientific Research’, Nature 585 (2020). 13Eliran Rubin, ‘Tiny IDF Unit is Brains behind Israel Army Artificial Intelligence’, Haaretz, accessed 12 December 2020, https://www.haaretz.com/israel-news/tiny-idf-unit-is-brains-behind-israeli-army-artificial-intelligence-1.5442911, and Jon Gambrell, ‘Virus Projects Renew Questions about UAE’s Mass Surveillance’, Washington Post, accessed 12 December 2020, https://www.washingtonpost.com/world/the_americas/virus-projects-renew-questions-about-uaes-mass-surveillance/2020/07/09/4c9a0f42-c1ab-11ea-8908-68a2b9eae9e0_story.html. 14Agence France-Presse, ‘UAE Successfully Launches Hope Probe’, The Guardian, accessed 20 November 2020, http://www.theguardian.com/science/2020/jul/20/uae-mission-mars-al-amal-hope-space, and Elizabeth Gibney, ‘How a Small Arab Nation Built a Mars Mission from Scratch in Six Years’, Nature, accessed 9 July 2020, https://www.nature.com/immersive/d41586-020-01862-z/index.html. 15Gibney, ‘How a Small Arab Nation’, and Sarwat Nasir, ‘UAE to Sign Agreement with Virgin Galactic for Spaceport in Al Ain Airport’, Khaleej Times, accessed 16 December 2020, https://www.khaleejtimes.com/technology/uae-to-sign-agreement-with-virgin-galactic-for-spaceport-in-al-ain-airport. 16‘UAE Successfully Launches Hope Probe’ and Jonathan Amos, ‘UAE Hope Mission Returns First Image of Mars’, BBC News, accessed 16 February 2021, https://www.bbc.co.uk/news/science-environment-56060890. 17Smriti Mallapaty, ‘How China is Planning to Go to Mars amid the Coronavirus Outbreak’, Nature 579 (2020), ‘China Becomes Second Nation to Plant Flag on the Moon’, BBC News, accessed 4 December 2020, https://www.bbc.com/news/world-asia-china-55192692, and Jonathan Amos, ‘China Mars Mission: Tianwen-1 Spacecraft Enters into Orbit’, BBC News, accessed 16 February 2021, https://www.bbc.co.uk/news/science-environment-56013041. 18Çağrı Mert Bakırcı-Taylor, ‘Turkey Creates Its First Space Agency’, Nature 566 (2019), Sanjeev Miglani and Krishna Das, ‘Modi Hails India as Military Space Power after Anti-Satellite Missile Test’, Reuters, accessed 16 December 2020, https://uk.reuters.com/article/us-india-satellite/modi-hails-india-as-military-space-power-after-anti-satellite-missile-test-idUKKCN1R80IA, and Umar Farooq, ‘The Second Drone Age: How Turkey Defied the U.S. and Became a Killer Drone Power’, The Intercept, accessed 16 February 2021, https://theintercept.com/2019/05/14/turkey-second-drone-age/. 19John Houghton, Geoffrey Jenkins, and J.


pages: 541 words: 173,676

Generations: the Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents—and What They Mean for America's Future: The Real Differences between Gen Z, Millennials, Gen X, Boomers, and Silents—and What They Mean for America's Future by Jean M. Twenge

1960s counterculture, 2021 United States Capitol attack, affirmative action, airport security, An Inconvenient Truth, Bear Stearns, Bernie Sanders, Black Lives Matter, book scanning, coronavirus, COVID-19, crack epidemic, critical race theory, David Brooks, delayed gratification, desegregation, Donald Trump, Edward Snowden, Elon Musk, fake news, feminist movement, Ferguson, Missouri, Ford Model T, future of work, gender pay gap, George Floyd, global pandemic, Gordon Gekko, green new deal, income inequality, Jeff Bezos, Joan Didion, job automation, Kitchen Debate, knowledge economy, labor-force participation, light touch regulation, lockdown, Marc Andreessen, Mark Zuckerberg, McJob, meta-analysis, microaggression, Neil Armstrong, new economy, opioid epidemic / opioid crisis, Peter Thiel, QAnon, Ralph Nader, remote working, ride hailing / ride sharing, rolodex, Ronald Reagan, Saturday Night Live, Sheryl Sandberg, side hustle, Snapchat, Steve Jobs, Steve Wozniak, superstar cities, tech baron, TED Talk, The Great Resignation, TikTok, too big to fail, Travis Kalanick, War on Poverty, We are the 99%, women in the workforce, World Values Survey, zero-sum game

Millennials’ lives and mental health have been influenced by online interaction, but most spent their formative years before it completely took over. Who did spend their teen years in the age of the smartphone? That would be Gen Z. Event Interlude: The COVID-19 Pandemic At first, the news seemed far away to people in the U.S.: In January 2020, a novel coronavirus was sickening people in Wuhan, China, leading to a lockdown of the city and the quick construction of hospitals to quarantine the infected. The hope was that the virus might not spread widely in North America. When a man in Washington State tested positive for the virus on January 15, 2020, the CDC announced that the risk to the public “remains low at this time,” adding, “it’s unclear how easily this virus is spreading between people.”


pages: 593 words: 183,240

An Economic History of the Twentieth Century by J. Bradford Delong

affirmative action, Alan Greenspan, Andrei Shleifer, ASML, asset-backed security, Ayatollah Khomeini, banking crisis, Bear Stearns, Bretton Woods, British Empire, business cycle, buy and hold, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, centre right, collapse of Lehman Brothers, collective bargaining, colonial rule, coronavirus, cotton gin, COVID-19, creative destruction, crowdsourcing, cryptocurrency, cuban missile crisis, deindustrialization, demographic transition, Deng Xiaoping, Donald Trump, en.wikipedia.org, ending welfare as we know it, endogenous growth, Fairchild Semiconductor, fake news, financial deregulation, financial engineering, financial repression, flying shuttle, Ford Model T, Ford paid five dollars a day, Francis Fukuyama: the end of history, full employment, general purpose technology, George Gilder, German hyperinflation, global value chain, Great Leap Forward, Gunnar Myrdal, Haber-Bosch Process, Hans Rosling, hedonic treadmill, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, housing crisis, Hyman Minsky, income inequality, income per capita, industrial research laboratory, interchangeable parts, Internet Archive, invention of agriculture, invention of the steam engine, It's morning again in America, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Kenneth Rogoff, labor-force participation, land reform, late capitalism, Les Trente Glorieuses, liberal capitalism, liquidity trap, Long Term Capital Management, low interest rates, manufacturing employment, market bubble, means of production, megacity, Menlo Park, Mikhail Gorbachev, mortgage debt, mutually assured destruction, Neal Stephenson, occupational segregation, oil shock, open borders, open economy, Paul Samuelson, Pearl River Delta, Phillips curve, plutocrats, price stability, Productivity paradox, profit maximization, public intellectual, quantitative easing, Ralph Waldo Emerson, restrictive zoning, rising living standards, road to serfdom, Robert Gordon, Robert Solow, rolodex, Ronald Coase, Ronald Reagan, savings glut, secular stagnation, Silicon Valley, Simon Kuznets, social intelligence, Stanislav Petrov, strikebreaker, structural adjustment programs, Suez canal 1869, surveillance capitalism, The Bell Curve by Richard Herrnstein and Charles Murray, The Chicago School, The Great Moderation, The Nature of the Firm, The Rise and Fall of American Growth, too big to fail, transaction costs, transatlantic slave trade, transcontinental railway, TSMC, union organizing, vertical integration, W. E. B. Du Bois, Wayback Machine, Yom Kippur War

In such circumstances, people will decide that they would rather hold extra cash instead of expensive and dubious investment vehicles. These decisions, in turn, will lead to an economy-wide excess demand for cash. With it comes the “general glut” of commodities, idle factories, and the high unemployment of a depression. The depressed state of the world economy during the 2020–2022 coronavirus pandemic—not the initial panic shutdown, but later—was such a Keynesian depression. People were willing to pay for financial investment vehicles, and so bond and stock prices were high and bond yields and stock earnings yields were low. But businesses were waiting for the pandemic to pass before they would begin to expand again.


pages: 829 words: 187,394

The Price of Time: The Real Story of Interest by Edward Chancellor

"World Economic Forum" Davos, 3D printing, activist fund / activist shareholder / activist investor, Airbnb, Alan Greenspan, asset allocation, asset-backed security, assortative mating, autonomous vehicles, balance sheet recession, bank run, banking crisis, barriers to entry, Basel III, Bear Stearns, Ben Bernanke: helicopter money, Bernie Sanders, Big Tech, bitcoin, blockchain, bond market vigilante , bonus culture, book value, Bretton Woods, BRICs, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, carried interest, cashless society, cloud computing, cognitive dissonance, collapse of Lehman Brothers, collateralized debt obligation, commodity super cycle, computer age, coronavirus, corporate governance, COVID-19, creative destruction, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, cryptocurrency, currency peg, currency risk, David Graeber, debt deflation, deglobalization, delayed gratification, Deng Xiaoping, Detroit bankruptcy, distributed ledger, diversified portfolio, Dogecoin, Donald Trump, double entry bookkeeping, Elon Musk, equity risk premium, Ethereum, ethereum blockchain, eurozone crisis, everywhere but in the productivity statistics, Extinction Rebellion, fiat currency, financial engineering, financial innovation, financial intermediation, financial repression, fixed income, Flash crash, forward guidance, full employment, gig economy, Gini coefficient, Glass-Steagall Act, global reserve currency, global supply chain, Goodhart's law, Great Leap Forward, green new deal, Greenspan put, high net worth, high-speed rail, housing crisis, Hyman Minsky, implied volatility, income inequality, income per capita, inflation targeting, initial coin offering, intangible asset, Internet of things, inventory management, invisible hand, Japanese asset price bubble, Jean Tirole, Jeff Bezos, joint-stock company, Joseph Schumpeter, junk bonds, Kenneth Rogoff, land bank, large denomination, Les Trente Glorieuses, liquidity trap, lockdown, Long Term Capital Management, low interest rates, Lyft, manufacturing employment, margin call, Mark Spitznagel, market bubble, market clearing, market fundamentalism, Martin Wolf, mega-rich, megaproject, meme stock, Michael Milken, Minsky moment, Modern Monetary Theory, Mohammed Bouazizi, Money creation, money market fund, moral hazard, mortgage debt, negative equity, new economy, Northern Rock, offshore financial centre, operational security, Panopticon Jeremy Bentham, Paul Samuelson, payday loans, peer-to-peer lending, pensions crisis, Peter Thiel, Philip Mirowski, plutocrats, Ponzi scheme, price mechanism, price stability, quantitative easing, railway mania, reality distortion field, regulatory arbitrage, rent-seeking, reserve currency, ride hailing / ride sharing, risk free rate, risk tolerance, risk/return, road to serfdom, Robert Gordon, Robinhood: mobile stock trading app, Satoshi Nakamoto, Satyajit Das, Savings and loan crisis, savings glut, Second Machine Age, secular stagnation, self-driving car, shareholder value, Silicon Valley, Silicon Valley startup, South Sea Bubble, Stanford marshmallow experiment, Steve Jobs, stock buybacks, subprime mortgage crisis, Suez canal 1869, tech billionaire, The Great Moderation, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thorstein Veblen, Tim Haywood, time value of money, too big to fail, total factor productivity, trickle-down economics, tulip mania, Tyler Cowen, Uber and Lyft, Uber for X, uber lyft, Walter Mischel, WeWork, When a measure becomes a target, yield curve

Furthermore, complex and costly new financial regulations created a false impression of security. Lord King concluded that we were sleepwalking towards another crisis. His talk was entitled ‘The World Turned Upside Down’.1 Little did he know what lay in store. On Thursday 12 March 2020, the world’s financial markets crashed. A natural response to the gathering coronavirus pandemic, one might think. But this wasn’t an ordinary market dislocation. If the global financial crisis resembled a slow-motion train wreck, this was ‘the fastest and most violent [crash] in history’.2 The Dow Jones lost 10 per cent of its value, and Italy’s MIB index fell nearly 18 per cent on a single day.


pages: 761 words: 231,902

The Singularity Is Near: When Humans Transcend Biology by Ray Kurzweil

additive manufacturing, AI winter, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Albert Einstein, anthropic principle, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, backpropagation, Benoit Mandelbrot, Bill Joy: nanobots, bioinformatics, brain emulation, Brewster Kahle, Brownian motion, business cycle, business intelligence, c2.com, call centre, carbon-based life, cellular automata, Charles Babbage, Claude Shannon: information theory, complexity theory, conceptual framework, Conway's Game of Life, coronavirus, cosmological constant, cosmological principle, cuban missile crisis, data acquisition, Dava Sobel, David Brooks, Dean Kamen, digital divide, disintermediation, double helix, Douglas Hofstadter, en.wikipedia.org, epigenetics, factory automation, friendly AI, functional programming, George Gilder, Gödel, Escher, Bach, Hans Moravec, hype cycle, informal economy, information retrieval, information security, invention of the telephone, invention of the telescope, invention of writing, iterative process, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John von Neumann, Kevin Kelly, Law of Accelerating Returns, life extension, lifelogging, linked data, Loebner Prize, Louis Pasteur, mandelbrot fractal, Marshall McLuhan, Mikhail Gorbachev, Mitch Kapor, mouse model, Murray Gell-Mann, mutually assured destruction, natural language processing, Network effects, new economy, Nick Bostrom, Norbert Wiener, oil shale / tar sands, optical character recognition, PalmPilot, pattern recognition, phenotype, power law, precautionary principle, premature optimization, punch-card reader, quantum cryptography, quantum entanglement, radical life extension, randomized controlled trial, Ray Kurzweil, remote working, reversible computing, Richard Feynman, Robert Metcalfe, Rodney Brooks, scientific worldview, Search for Extraterrestrial Intelligence, selection bias, semantic web, seminal paper, Silicon Valley, Singularitarianism, speech recognition, statistical model, stem cell, Stephen Hawking, Stewart Brand, strong AI, Stuart Kauffman, superintelligent machines, technological singularity, Ted Kaczynski, telepresence, The Coming Technological Singularity, Thomas Bayes, transaction costs, Turing machine, Turing test, two and twenty, Vernor Vinge, Y2K, Yogi Berra

Severe acute respiratory syndrome (SARS) was sequenced within thirty-one days of the virus being identified by the British Columbia Cancer Agency and the American Centers for Disease Control. The sequencing from the two centers differed by only ten base pairs out of twenty-nine thousand. This work identified SARS as a coronavirus. Dr. Julie Gerberding, director of the CDC, called the quick sequencing "a scientific achievement that I don't think has been paralleled in our history." See K. Philipkoski, "SARS Gene Sequence Unveiled," Wired News, April 15, 2003, http://www.wired.com/news/medtech/0,1286,58481.00.html?tw=wn_story _related.


Israel & the Palestinian Territories Travel Guide by Lonely Planet

active transport: walking or cycling, airport security, Albert Einstein, back-to-the-land, bike sharing, biodiversity loss, carbon footprint, centre right, clean water, coronavirus, flag carrier, G4S, game design, gentrification, high-speed rail, illegal immigration, information security, Khartoum Gordon, Louis Pasteur, sensible shoes, Silicon Valley, Skype, South China Sea, special economic zone, spice trade, Suez canal 1869, trade route, urban planning, Yom Kippur War, zero-sum game

Symptoms of MERS include fever, coughing and shortness of breath; the illness is spread through close contact, meaning most people are not at risk. Almost one-third of those with confirmed cases of MERS have died, though most of those people had an underlying medical condition. For more details, see www.cdc.gov/coronavirus/mers. Rabies Rabies is rare but present in Israel and the Palestinian Territories so avoid contact with stray dogs and wild animals such as foxes. Spread through bites or licks on broken skin from an infected animal, rabies is fatal. Animal handlers should be vaccinated, as should those travelling to remote areas where a reliable source of post-bite vaccine is not available within 24 hours.


America in the World by Robert B. Zoellick

Albert Einstein, anti-communist, banking crisis, battle of ideas, Berlin Wall, Bretton Woods, British Empire, classic study, Corn Laws, coronavirus, cuban missile crisis, defense in depth, Deng Xiaoping, Donald Trump, Douglas Engelbart, Douglas Engelbart, energy security, European colonialism, facts on the ground, Fall of the Berlin Wall, foreign exchange controls, Great Leap Forward, guns versus butter model, hypertext link, Ida Tarbell, illegal immigration, immigration reform, imperial preference, Isaac Newton, Joseph Schumpeter, land reform, linear model of innovation, Mikhail Gorbachev, MITM: man-in-the-middle, Monroe Doctrine, mutually assured destruction, Nixon triggered the end of the Bretton Woods system, Norbert Wiener, Paul Samuelson, public intellectual, RAND corporation, reserve currency, Ronald Reagan, Ronald Reagan: Tear down this wall, scientific management, Scramble for Africa, Silicon Valley, Strategic Defense Initiative, The Wealth of Nations by Adam Smith, trade liberalization, transcontinental railway, undersea cable, Vannevar Bush, War on Poverty

The president’s Emergency Action Plan for AIDS Relief became the largest international health initiative to combat a specific disease, and Bush’s malaria plan turbocharged the global effort to counter one of the world’s most debilitating diseases. Developments in science, health, and technology will necessitate new international regimes to encourage cooperative action and counter threats. Influenzas and contagious diseases such as SARS and the more recent coronavirus will require the type of initiative and precautions that Bush prioritized and Obama used against Ebola. Cybersecurity—and even warfare—also looms in the future. The “rules” for potential conflict are murky, just as they were for nuclear weapons when Vannevar Bush first contemplated how the atomic bomb would change diplomacy and war.


Global Catastrophic Risks by Nick Bostrom, Milan M. Cirkovic

affirmative action, agricultural Revolution, Albert Einstein, American Society of Civil Engineers: Report Card, anthropic principle, artificial general intelligence, Asilomar, availability heuristic, backpropagation, behavioural economics, Bill Joy: nanobots, Black Swan, carbon tax, carbon-based life, Charles Babbage, classic study, cognitive bias, complexity theory, computer age, coronavirus, corporate governance, cosmic microwave background, cosmological constant, cosmological principle, cuban missile crisis, dark matter, death of newspapers, demographic transition, Deng Xiaoping, distributed generation, Doomsday Clock, Drosophila, endogenous growth, Ernest Rutherford, failed state, false flag, feminist movement, framing effect, friendly AI, Georg Cantor, global pandemic, global village, Great Leap Forward, Gödel, Escher, Bach, Hans Moravec, heat death of the universe, hindsight bias, information security, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, Kevin Kelly, Kuiper Belt, Large Hadron Collider, launch on warning, Law of Accelerating Returns, life extension, means of production, meta-analysis, Mikhail Gorbachev, millennium bug, mutually assured destruction, Nick Bostrom, nuclear winter, ocean acidification, off-the-grid, Oklahoma City bombing, P = NP, peak oil, phenotype, planetary scale, Ponzi scheme, power law, precautionary principle, prediction markets, RAND corporation, Ray Kurzweil, Recombinant DNA, reversible computing, Richard Feynman, Ronald Reagan, scientific worldview, Singularitarianism, social intelligence, South China Sea, strong AI, superintelligent machines, supervolcano, synthetic biology, technological singularity, technoutopianism, The Coming Technological Singularity, the long tail, The Turner Diaries, Tunguska event, twin studies, Tyler Cowen, uranium enrichment, Vernor Vinge, War on Poverty, Westphalian system, Y2K

Coordination between countries is facilitated by the WHO's Global Outbreak and Response Network (GOARN), which links over 100 different health networks that provide support for disease detection and response. During the 2004 SARS outbreak, the WHO established laboratories to link efforts among different countries, which resulted in rapid identification of the disease agent as a coronavirus. The organization is in a position to provide similar support in the event ofdeliberate pandemics. Coordination within and between countries is also necessary to facilitate sharing of disease samples, which are used for production of vaccines and treatments. Determining whether an outbreak is intentional or natural can be difficult, unless forensic analysis can be performed on the genome or protein composition of the organism.


Growth: From Microorganisms to Megacities by Vaclav Smil

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, agricultural Revolution, air freight, Alan Greenspan, American Society of Civil Engineers: Report Card, Anthropocene, Apollo 11, Apollo Guidance Computer, autonomous vehicles, Benoit Mandelbrot, Berlin Wall, Bernie Madoff, Boeing 747, Bretton Woods, British Empire, business cycle, caloric restriction, caloric restriction, carbon tax, circular economy, colonial rule, complexity theory, coronavirus, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic dividend, demographic transition, Deng Xiaoping, disruptive innovation, Dissolution of the Soviet Union, Easter island, endogenous growth, energy transition, epigenetics, Fairchild Semiconductor, Ford Model T, general purpose technology, Gregor Mendel, happiness index / gross national happiness, Helicobacter pylori, high-speed rail, hydraulic fracturing, hydrogen economy, Hyperloop, illegal immigration, income inequality, income per capita, industrial robot, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, Isaac Newton, James Watt: steam engine, knowledge economy, Kondratiev cycle, labor-force participation, Law of Accelerating Returns, longitudinal study, low interest rates, mandelbrot fractal, market bubble, mass immigration, McMansion, megacity, megaproject, megastructure, meta-analysis, microbiome, microplastics / micro fibres, moral hazard, Network effects, new economy, New Urbanism, old age dependency ratio, optical character recognition, out of africa, peak oil, Pearl River Delta, phenotype, Pierre-Simon Laplace, planetary scale, Ponzi scheme, power law, Productivity paradox, profit motive, purchasing power parity, random walk, Ray Kurzweil, Report Card for America’s Infrastructure, Republic of Letters, rolodex, Silicon Valley, Simon Kuznets, social distancing, South China Sea, synthetic biology, techno-determinism, technoutopianism, the market place, The Rise and Fall of American Growth, three-masted sailing ship, total factor productivity, trade liberalization, trade route, urban sprawl, Vilfredo Pareto, yield curve

And the unpredictability of this airborne diffusion of contagious diseases was best illustrated by the transmission of the SARS virus from China to Canada, where its establishment among vulnerable hospital populations led to a second unexpected outbreak (PHAC 2004; Abraham 2005; CEHA 2016). A Chinese doctor infected with severe acute respiratory syndrome (caused by a coronavirus) after treating a patient in Guangdong travelled to Hong Kong, where he stayed on the same hotel floor as an elderly Chinese Canadian woman who got infected and brought the disease to Toronto on February 23, 2003. As a result, while none of other large North American cities with daily flights to Hong Kong (Vancouver, San Francisco, Los Angeles, New York) was affected, Toronto experienced a taxing wave of infections, with some hospitals closed to visitors.


pages: 1,028 words: 267,392

Wanderers: A Novel by Chuck Wendig

Black Swan, Boston Dynamics, centre right, citizen journalism, clean water, Columbine, coronavirus, crisis actor, currency manipulation / currency intervention, disinformation, fake news, game design, global pandemic, hallucination problem, hiring and firing, hive mind, Internet of things, job automation, Kickstarter, Lyft, Maui Hawaii, microaggression, oil shale / tar sands, private military company, quantum entanglement, RFID, satellite internet, side project, Silicon Valley, Skype, supervolcano, tech bro, TED Talk, uber lyft, white picket fence

It wasn’t the worst death—Ebola and other hemorrhagic fevers took that crown—but struggling for breath as your organs failed wasn’t any picnic. Robbie was there as part of containment, but Benji and his team joined a WHO group to help figure out where the hell it was coming from in the first place. The SARS coronavirus was believed to come from bats, which in turn infected civet cats, from which in turn it jumped to humans in Guangdong Province in China, 2002. That led Benji to believe that MERS was similarly zoonotic. His instincts were right. It came from camels. Specifically, camel piss. Seeing the look of bewilderment on Sadie’s face, Benji tried to explain all this, but already Robbie was laughing about it so hard he was wheezing and his eyes were shining.


pages: 864 words: 272,918

Palo Alto: A History of California, Capitalism, and the World by Malcolm Harris

2021 United States Capitol attack, Aaron Swartz, affirmative action, air traffic controllers' union, Airbnb, Alan Greenspan, Alvin Toffler, Amazon Mechanical Turk, Amazon Web Services, Apple II, Apple's 1984 Super Bowl advert, back-to-the-land, bank run, Bear Stearns, Big Tech, Bill Gates: Altair 8800, Black Lives Matter, Bob Noyce, book scanning, British Empire, business climate, California gold rush, Cambridge Analytica, capital controls, Charles Lindbergh, classic study, cloud computing, collective bargaining, colonial exploitation, colonial rule, Colonization of Mars, commoditize, company town, computer age, conceptual framework, coronavirus, corporate personhood, COVID-19, cuban missile crisis, deindustrialization, Deng Xiaoping, desegregation, deskilling, digital map, double helix, Douglas Engelbart, Edward Snowden, Elon Musk, Erlich Bachman, estate planning, European colonialism, Fairchild Semiconductor, financial engineering, financial innovation, fixed income, Frederick Winslow Taylor, fulfillment center, future of work, Garrett Hardin, gentrification, George Floyd, ghettoisation, global value chain, Golden Gate Park, Google bus, Google Glasses, greed is good, hiring and firing, housing crisis, hydraulic fracturing, if you build it, they will come, illegal immigration, immigration reform, invisible hand, It's morning again in America, iterative process, Jeff Bezos, Joan Didion, John Markoff, joint-stock company, Jony Ive, Kevin Kelly, Kickstarter, knowledge worker, land reform, Larry Ellison, Lean Startup, legacy carrier, life extension, longitudinal study, low-wage service sector, Lyft, manufacturing employment, Marc Andreessen, Marc Benioff, Mark Zuckerberg, Marshall McLuhan, Max Levchin, means of production, Menlo Park, Metcalfe’s law, microdosing, Mikhail Gorbachev, military-industrial complex, Monroe Doctrine, Mont Pelerin Society, moral panic, mortgage tax deduction, Mother of all demos, move fast and break things, mutually assured destruction, new economy, Oculus Rift, off grid, oil shale / tar sands, PageRank, PalmPilot, passive income, Paul Graham, paypal mafia, Peter Thiel, pets.com, phenotype, pill mill, platform as a service, Ponzi scheme, popular electronics, power law, profit motive, race to the bottom, radical life extension, RAND corporation, Recombinant DNA, refrigerator car, Richard Florida, ride hailing / ride sharing, rising living standards, risk tolerance, Robert Bork, Robert Mercer, Robert Metcalfe, Ronald Reagan, Salesforce, San Francisco homelessness, Sand Hill Road, scientific management, semantic web, sexual politics, Sheryl Sandberg, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, social web, SoftBank, software as a service, sovereign wealth fund, special economic zone, Stanford marshmallow experiment, Stanford prison experiment, stem cell, Steve Bannon, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, stock buybacks, strikebreaker, Suez canal 1869, super pumped, TaskRabbit, tech worker, Teledyne, telemarketer, the long tail, the new new thing, thinkpad, Thorstein Veblen, Tim Cook: Apple, Tony Fadell, too big to fail, Toyota Production System, Tragedy of the Commons, transcontinental railway, traumatic brain injury, Travis Kalanick, TSMC, Uber and Lyft, Uber for X, uber lyft, ubercab, union organizing, Upton Sinclair, upwardly mobile, urban decay, urban renewal, value engineering, Vannevar Bush, vertical integration, Vision Fund, W. E. B. Du Bois, War on Poverty, warehouse robotics, Wargames Reagan, Washington Consensus, white picket fence, William Shockley: the traitorous eight, women in the workforce, Y Combinator, Y2K, Yogi Berra, éminence grise

Xu Lizhi, “I Fall Asleep, Just Standing Like That,” from “The Poetry and Brief Life of a Foxconn Worker: Xu Lizhi (1990–2014),” libcom.org, October 29, 2014, https://libcom.org/article/poetry-and-brief-life-foxconn-worker-xu-lizhi-1990-2014. 12. Lizhi, “A Screw Fell to the Ground,” from “The Poetry and Brief Life of a Foxconn Worker.” 13. “Foxconn to Raise Wages Again at China Plant,” Reuters, October 1, 2010. 14. Tripp Mickle and Yoko Kubota, “Tim Cook and Apple Bet Everything on China. Then Coronavirus Hit,” Wall Street Journal, March 2, 2020. 15. Paul Mozur, “Apple Puts Key Contractor on Probation over Labor Abuses in China,” New York Times, November 9, 2020. 16. David Barboza, “How China Built ‘iPhone City’ with Billions in Perks for Apple’s Partner,” New York Times, December 29, 2016. 17.