- May 2021
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www.forbes.com www.forbes.com
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A nice economic POV on this is given by the Greek blogger TechieChan: https://www.techiechan.com/?p=3537
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www.nature.com www.nature.com
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Maxmen, A. (2021). Will COVID force public health to confront America’s epic inequality?. Nature, 592(7856), 674-680.
Tags
- poverty
- COVID-19
- public health
- prediction
- health
- government
- USA
- lang:en
- income inequality
- immigration
- Centers for Disease Control and Prevention
- research
- economy
- agriculture
- life expectancy
- inequality
- CDC
- agricultural worker
- health disparity
- essential worker
- healthcare
- intervention
- wage gap
- California
- mortality
- COVID-19 Equity Project
- is:article
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Anderson-Carpenter, K. D., & Neal, Z. (2020). Racial disparities in COVID-19 impacts in Michigan, USA [Preprint]. PsyArXiv. https://doi.org/10.31234/osf.io/v2jda
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www.researchgate.net www.researchgate.net
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Ali, A., Kamraju, M., & Wani, M. (2020). AN ANALYSIS OF COVID-19 LOCKDOWN 5.0 UNLOCK 1.0, INDIA. 04.
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www.newscientist.com www.newscientist.com
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Liverpool, C. Q.-H. and L. (n.d.). Covid-19 death rates twice as high in England’s most deprived areas. New Scientist. Retrieved June 15, 2020, from https://www.newscientist.com/article/2237475-covid-19-death-rates-twice-as-high-in-englands-most-deprived-areas/
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osf.io osf.io
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Gabriel, H. T. L., & Ho, C. M. C. (2020). Effects of the Coronavirus (COVID-19) Pandemic on Social Behaviours: From a Social Dilemma Perspective. https://doi.org/10.31235/osf.io/8duvx
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osf.io osf.io
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Anderson, D., Hesketh, R., Kleinman, M., & Portes, J. (2020). Global City in a Global Pandemic: Assessing the Ongoing Impact of COVID Induced Trends on London’s Economic Sectors [Preprint]. SocArXiv. https://doi.org/10.31235/osf.io/7m286
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www.nature.com www.nature.com
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Leeming, J. (2020). Careers and coronavirus: Sign up for expert advice straight to your inbox. Nature. https://doi.org/10.1038/d41586-020-01837-0
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The Data Visualizations Behind COVID-19 Skepticism. (n.d.). The Data Visualizations Behind COVID-19 Skepticism. Retrieved March 27, 2021, from http://vis.csail.mit.edu/covid-story/
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- Apr 2021
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www.techiechan.com www.techiechan.com
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Σε μια οικονομία που το χρήμα τυπώνεται και προσφέρεται στους ημετέρους, το κίνητρο του κέρδους είναι ανύπαρκτο· ενώ το πραγματικό κίνητρο (όπως πάντα) είναι ο έλεγχος. Το χρήμα είναι το μέσο με το οποίο επιτυγχάνεται αυτός ο έλεγχος.
Δεν υπάρχει (πλέον) ανταγωνισμός, γινόμαστε σοβιετία, απλώς με μεγαλύτερες ανισότητες και κατανεμημένο πολίτμπιρο.
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www.medscape.com www.medscape.com
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Topol, E. J. (2021, March 18). It’s Okay to Overreact: Devi Sridhar Shares COVID’s Humbling Lesson. Medscape. https://www.medscape.com/viewarticle/947382
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www.history.com www.history.com
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Tulips as Cryptocoins?
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Και όμως, θα αρκούσε μια πιο διεισδυτική ματιά στο «κίνημα των απαλλοτριώσεων» και των «περιφράξεων» της εποχής του, που μετέτρεπε την κοινόχρηστη γη σε ατομική ιδιοκτησία, για να αντιληφθεί ότι ο καταμερισμός εργασίας και η αγορά είναι αποτέλεσμα κοινωνικών και πολιτικών διεργασιών.
Δεν είχε καταλάβει ο Ανταμ Σμιθ πως ο πλούτος φέρνει πλούτο, δηλαδή.
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Αντίθετα, αν εντάξουμε τον Πλούτο των Εθνών στο ευρύτερο πλαίσιο της Θεωρίαν των Ηθικών Συναισθημάτων, εύκολα θα αντιληφθούμε ότι ποτέ δεν αντιμετώπισε το κράτος ως αντίπαλο που πρέπει πάση θυσία να εξολοθρεύσει.
Κρύβεται ένα από βιβλίο πίσω από τον Πλούτο των Εθνών!
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Ο κοινωνικός δαρβινισμός, όμως, δεν είναι φιλελευθερισμός. Μπορεί να στηριχθεί στον Μάντεβιλ (Mandeville) ή στον Σπένσερ (Spencer), όχι όμως στον Σμιθ.
Ποιοι είναι οι Spencer & Mandeville?
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Σημειωτέον δε ότι η λεκτική αυτή παρομοίωση δεν είναι καν πατέντα του Σμιθ, αφού χρησιμοποιείται κατά κόρον ιδίως σε λογοτεχνικά κείμενα της εποχής του. Διατυπώθηκε, μάλιστα, η άποψη ότι η αναφορά του στο «αόρατο χέρι» γίνεται με καθαρά σκωπτική διάθεση.
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το πρόβλημα που απασχολούσε τις κυρίαρχες τάξεις της εποχής του ήταν πώς θα διατηρήσουν τους μισθούς καθηλωμένους σε αρκούντως χαμηλά επίπεδα, ώστε να είναι υποχρεωμένοι οι μισθωτοί να εργάζονται.
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ec.europa.eu ec.europa.eu
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ec.europa.eu ec.europa.eu
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GDP & main components pin EU countries.
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ec.europa.eu ec.europa.eu
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www.washingtonpost.com www.washingtonpost.com
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Emails show Trump officials celebrate efforts to change CDC reports on coronavirus—The Washington Post. (n.d.). Retrieved April 12, 2021, from https://www.washingtonpost.com/health/2021/04/09/cdc-covid-political-interference/
Tags
- data
- scientific integrity
- COVID-19
- misinformation
- public health
- schools
- government
- USA
- bad science
- lang:en
- scientific advice
- Centers for Disease Control and Prevention
- economy
- science
- CDC
- political interference
- Trump
- scientific practice
- politics
- Donald Trump
- response
- children
- is:article
Annotators
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reallifemag.com reallifemag.com
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indifference to human drivers
Our week 8 module on Web 2.0 and the gig economy discussed this in more depth, and Barron alludes to this dynamic elsewhere in the article when describing both the typical user of an app like seamless and the typical profile of the gig economy worker who actually delivers their food - I appreciate the critiques of app design and user infantilization he is making here, but the article could have also discussed in more depth how these design choices help these companies to obfuscate and divert attention from the way they impact people besides the consumer. There is a whole class people whose primary interaction with these apps is on the back end- as struggling small business owners dependent on positive yelp reviews, delivery people, and rideshare drivers - maybe that is outside the purview of this article, but it would have been nice to see this angle explored a bit more.
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www.bloomberg.com www.bloomberg.com
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What is the right historical analogy for all this? Allen Farrington argues that Bitcoin is to the system of fiat currencies centered around the dollar what medieval Venice once was to the remnants of the western Roman Empire, as superior an economic operating system as commercial capitalism was to feudalism. Another possibility is that the advent of blockchain-based finance is as revolutionary as that of fractional reserve banking, bond and stock markets in the great Anglo-Dutch financial revolution of the 18th century.
Historical context for bitcoin
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- Mar 2021
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theconversation.com theconversation.com
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Hale, Thomas. ‘What We Learned from Tracking Every COVID Policy in the World’. The Conversation. Accessed 26 March 2021. http://theconversation.com/what-we-learned-from-tracking-every-covid-policy-in-the-world-157721.
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www.theguardian.com www.theguardian.com
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How Taiwan triumphed over Covid as the UK faltered. (2021, March 24). The Guardian. http://www.theguardian.com/world/2021/mar/24/how-taiwan-triumphed-over-covid-as-uk-faltered
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polymerist.substack.com polymerist.substack.com
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decarbonization also creates opportunities, and investors are keen to put capital to work on these areas. Many of them directly involve, or are adjacent to, chemicals production, including battery materials, green hydrogen, and materials that can enable energy efficiency.
Circular economies are good news for everyone
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advances.sciencemag.org advances.sciencemag.org
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Hong, I., Frank, M. R., Rahwan, I., Jung, W.-S., & Youn, H. (2020). The universal pathway to innovative urban economies. Science Advances, 6(34), eaba4934. https://doi.org/10.1126/sciadv.aba4934
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www.weforum.org www.weforum.org
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Chart of the day: These countries normally have the highest international tourist numbers. (n.d.). World Economic Forum. Retrieved June 9, 2020, from https://www.weforum.org/agenda/2020/06/most-visited-countries-world-tourism-organization/
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www.newscientist.com www.newscientist.com
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Vaughan, A. (n.d.). UK citizens’ assembly shows big support for green covid-19 recovery. New Scientist. Retrieved June 23, 2020, from https://www.newscientist.com/article/2246693-uk-citizens-assembly-shows-big-support-for-green-covid-19-recovery/
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mediaengagement.org mediaengagement.org
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Covering Coronavirus: How Audience Needs are Changing and How Newsroom Coverage Compares. (n.d.). Center for Media Engagement. Retrieved May 28, 2020, from https://mediaengagement.org/research/coronavirus-coverage-changes/
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www.reuters.com www.reuters.com
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Could COVID-19 mark a ‘turning point’ in the climate crisis? (n.d.). World Economic Forum. Retrieved May 29, 2020, from https://www.weforum.org/agenda/2020/05/green-recovery-can-revive-virus-hit-economies-and-tackle-climate-change-study-says/
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www.scientificamerican.com www.scientificamerican.com
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Wallis, C. (n.d.). Why Some People Get Terribly Sick from COVID-19. Scientific American. Retrieved August 24, 2020, from https://www.scientificamerican.com/article/why-some-people-get-terribly-sick-from-covid-19/
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arxiv.org arxiv.org
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Cintia, P., Fadda, D., Giannotti, F., Pappalardo, L., Rossetti, G., Pedreschi, D., Rinzivillo, S., Bonato, P., Fabbri, F., Penone, F., Savarese, M., Checchi, D., Chiaromonte, F., Vineis, P., Guzzetta, G., Riccardo, F., Marziano, V., Poletti, P., Trentini, F., … Merler, S. (2020). The relationship between human mobility and viral transmissibility during the COVID-19 epidemics in Italy. ArXiv:2006.03141 [Physics, Stat]. http://arxiv.org/abs/2006.03141
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covid-19.iza.org covid-19.iza.org
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Kim, M. J., & Lee, S. (2020). Can Stimulus Checks Boost an Economy under COVID-19? Evidence from South Korea. IZA Discussion Paper, 13567.
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covid-19.iza.org covid-19.iza.org
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Balleer, A., Link, S., Menkhoff, M., & Zorn, P. (2020). Demand or Supply? Price Adjustment during the COVID-19 Pandemic. IZA Discussion Paper, 13568.
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blogs.bmj.com blogs.bmj.com
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Balancing lives and livelihoods: Relaxation of lockdown needs to be finely balanced. (2020, June 1). The BMJ. https://blogs.bmj.com/bmj/2020/06/01/balancing-lives-and-livelihoods-in-post-covid-19-lockdown/
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www.bloomberg.com www.bloomberg.com
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Coronavirus Will End the Golden Age for College Towns. (2020, May 16). Bloomberg.Com. https://www.bloomberg.com/opinion/articles/2020-05-16/coronavirus-will-end-the-golden-age-for-college-towns
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talkingpointsmemo.com talkingpointsmemo.com
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Cabrera, C. (2020, July 13). Trump Boosts False Conspiracy Theory That Doctors And CDC Are “Lying” About COVID. Talking Points Memo. https://talkingpointsmemo.com/news/trump-boosts-false-conspiracy-doctors-cdc-lying-covid
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news.trust.org news.trust.org
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Pandemic may reverse human development for first time in 30 years, UN says. (n.d.). World Economic Forum. Retrieved June 1, 2020, from https://www.weforum.org/agenda/2020/05/pandemic-international-human-deveolpment-covid19-coronavirus/
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Wilbur, M., Ayman, A., Ouyang, A., Poon, V., Kabir, R., Vadali, A., Pugliese, P., Freudberg, D., Laszka, A., & Dubey, A. (2020). Impact of COVID-19 on Public Transit Accessibility and Ridership. ArXiv:2008.02413 [Physics]. http://arxiv.org/abs/2008.02413
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www.thelancet.com www.thelancet.com
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Cousins, S. (2020). 2·5 million more child marriages due to COVID-19 pandemic. The Lancet, 396(10257), 1059. https://doi.org/10.1016/S0140-6736(20)32112-7
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twitter.com twitter.com
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Prof. Devi Sridhar. (2020, March 25). We will be stuck in an endless cycle of lockdown/release for next 18 months, if we do not start mass testing, tracing, & isolating those who are carriers of the virus while pursuing rapid research for antiviral treatment or vaccine. This is the message the public needs to hear. [Tweet]. @devisridhar. https://twitter.com/devisridhar/status/1242743618986745861
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www.iomcworld.org www.iomcworld.org
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Jenkins, P., Sikora, K., & Dolan, P. (2021). Life-Years and Lockdowns: Estimating the Effects on Covid-19 and Cancer Outcomes from the UK’s Response to the Pandemic. 1, 3.
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- pandemic
- COVID-19
- social service
- health
- economy
- policy
- lang:en
- UK
- mental health
- mortality
- lockdown
- cancer
- is:article
Annotators
URL
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twitter.com twitter.com
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ReconfigBehSci on Twitter. (n.d.). Twitter. Retrieved 3 March 2021, from https://twitter.com/SciBeh/status/1351453660396605440
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www.routledge.com www.routledge.com
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Scientific Imperialism: Exploring the Boundaries of Interdisciplinarity. (n.d.). Routledge & CRC Press. Retrieved 20 February 2021, from https://www.routledge.com/Scientific-Imperialism-Exploring-the-Boundaries-of-Interdisciplinarity/Maki-Walsh-Pinto/p/book/9780367889074
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- interdisciplinary
- discipline
- imperialism
- is:webpage
- philosophy
- ethics
- political
- lang:en
- research
- analysis
- economy
- science
- boundary
Annotators
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elemental.medium.com elemental.medium.com
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Britt, Robert Roy. ‘10 Signs the Pandemic Is About to Get Much Worse’. Medium, 19 October 2020. https://elemental.medium.com/10-signs-the-pandemic-is-about-to-get-much-worse-cf261bf3885d.
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Baer, Eric Morath, Theo Francis and Justin. ‘The Covid Economy Carves Deep Divide Between Haves and Have-Nots’. Wall Street Journal, 5 October 2020, sec. US. https://www.wsj.com/articles/the-covid-economy-carves-deep-divide-between-haves-and-have-nots-11601910595.
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arxiv.org arxiv.org
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Gupta, Prateek, Tegan Maharaj, Martin Weiss, Nasim Rahaman, Hannah Alsdurf, Abhinav Sharma, Nanor Minoyan, et al. ‘COVI-AgentSim: An Agent-Based Model for Evaluating Methods of Digital Contact Tracing’. ArXiv:2010.16004 [Cs], 29 October 2020. http://arxiv.org/abs/2010.16004.
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www.scientificamerican.com www.scientificamerican.com
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Daley, Jim. ‘How to Decide Who Should Get a COVID-19 Vaccine First’. Scientific American. Accessed 26 February 2021. https://www.scientificamerican.com/article/how-to-decide-who-should-get-a-covid-19-vaccine-first/.
Tags
- elderly
- united states
- COVID-19
- public health
- ethics
- education
- lang:en
- is:news
- economy
- policy
- prevention
- vaccination
- WHO
- long term
- vulnerable
- national
- mortality
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www.census.gov www.census.gov
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U.S. Census Bureau. (2021, February 4). Small Business Pulse Survey Shows Shift in Expectations from Spring to Winter. The United States Census Bureau. https://www.census.gov/library/stories/2021/01/small-business-pulse-survey-shows-shift-in-expectations-from-spring-to-winter.html?utm_campaign=20210126msacos1ccstors&utm_medium=email&utm_source=govdelivery
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blog.dropbox.com blog.dropbox.com
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Boutin, P. (2020, July 29). The Great Reset is here, like it or not. Dropbox Blog. https://blog.dropbox.com/topics/work-culture/the-great-reset-is-here
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www.sciencedirect.com www.sciencedirect.com
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Goolsbee, Austan, and Chad Syverson. ‘Fear, Lockdown, and Diversion: Comparing Drivers of Pandemic Economic Decline 2020’. Journal of Public Economics 193 (1 January 2021): 104311. https://doi.org/10.1016/j.jpubeco.2020.104311.
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www.ons.gov.uk www.ons.gov.uk
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Office for National Statistics. (2021, January 29). Coronavirus (COVID-19) in charts: What we learned over the past month. ons.gov.uk. https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/conditionsanddiseases/articles/coronaviruscovid19inchartswhatwelearnedoverthepastmonth/2021-01-29
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psyarxiv.com psyarxiv.com
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Heeren, A., HANSEEUW, B., Cougnon, L., & Lits, G. (2021, March 11). Excessive Worrying as the Driving Force of Anxiety During the First COVID-19 Lockdown-Phase in Belgium. https://doi.org/10.31234/osf.io/b34aj
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Wolf, Martin. ‘Ten Ways Coronavirus Crisis Will Shape World in Long Term’, 3 November 2020. https://www.ft.com/content/9b0318d3-8e5b-4293-ad50-c5250e894b07.
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www.project-syndicate.org www.project-syndicate.org
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A successful stimulus must bring investment closer to the level of available savings. But the moment financial markets get a whiff that this is about to happen, they will push interest rates up to a level reflecting the better balance between savings and investment. Immediately, corporations hooked on low interest rates will face ruin; so will their bankers.
Sudden death by stimulus.
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www.eventbrite.it www.eventbrite.it
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PANDEMIC SHOCKS, FINANCIAL INSTITUTIONS, MARKETS AND BEHAVIOURS Tickets, Tue, Dec 15 2020 at 17:00 | Eventbrite. (n.d.). Retrieved March 5, 2021, from https://www.eventbrite.it/e/biglietti-pandemic-shocks-financial-institutions-markets-and-behaviours-131361717433?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&aff=estw&utm-source=tw&utm-term=listing#
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Mims, C. (2020, November 21). Four Reasons the Stay-at-Home Economy Is Here to Stay. Wall Street Journal. https://www.wsj.com/articles/four-reasons-the-stay-at-home-economy-is-here-to-stay-11605934806
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- Feb 2021
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www.theguardian.com www.theguardian.com
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Hern, Alex. ‘“Eat out to Help out” May Have Caused Sixth of Covid Clusters over Summer’. The Guardian, 30 October 2020, sec. Business. https://www.theguardian.com/business/2020/oct/30/treasury-rejects-theory-eat-out-to-help-out-caused-rise-in-covid.
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www.thelancet.com www.thelancet.com
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Mair, S. (2020). Neoliberal economics, planetary health, and the COVID-19 pandemic: A Marxist ecofeminist analysis. The Lancet Planetary Health, 4(12), e588–e596. https://doi.org/10.1016/S2542-5196(20)30252-7
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twitter.com twitter.com
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Catherine Rampell. (2020, December 4). The jobs hole remains very, very deep. Today, the U.S. economy still has a greater jobs deficit than was the case at the very worst point of every previous postwar recession, including the Great Recession https://t.co/jYH1AUqBsV [Tweet]. @crampell. https://twitter.com/crampell/status/1334856009207189507
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www.nytimes.com www.nytimes.com
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Holder, J., Stevis-Gridneff, M., & McCann, A. (2020, December 4). Europe’s Deadly Second Wave: How Did It Happen Again? The New York Times. https://www.nytimes.com/interactive/2020/12/04/world/europe/europe-covid-deaths.html
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www.thelancet.com www.thelancet.com
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Horton, Richard. ‘Offline: COVID-19—a Crisis of Power’. The Lancet 396, no. 10260 (31 October 2020): 1383. https://doi.org/10.1016/S0140-6736(20)32262-5.
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twitter.com twitter.com
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Dr Phil Hammond 💙. (2020, December 6). In some parts of the country, 31% of care home staff come from the EU. Some areas already have a 26% vacancy rate. And on January 1, EU recruitment will plummet because workers earn less than the £26,500 threshold. A very predictable recruitment crisis on top of the Covid crisis. [Tweet]. @drphilhammond. https://twitter.com/drphilhammond/status/1335490431837200384
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www.bbc.co.uk www.bbc.co.uk
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Covid in Scotland: Nicola Sturgeon unveils ‘cautious’ route out of lockdown. (2021, February 23). BBC News. https://www.bbc.com/news/uk-scotland-56170916
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consortiumnews.com consortiumnews.com
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There’s so much money that goes to the creditors to the top 1 percent or 5 percent that there is no money for capital investment, there is no money for growth. And, since 1980 as you know, real wages in America have been stable. All the growth has been in property owners and predators and the FIRE sector, the rest of the economy is in stagnation.
Cross-reference with Post article "The intellectual cesspool of the inflation truthers" and "ShadowStats"
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www.washingtonpost.com www.washingtonpost.com
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So which seems likelier: that we're no better off than we were a quarter century ago, or that Shadow Stats is total bunk?
Great Question
This is an easy question to answer from my perspective. For me (age 62) and most of my peers, their kids and their peers, we are NO better off than we were a quarter century ago! A large part is the change from Industrial/Manufacturing to Technology and the outsourced labor and manufacturing. America has changed, this is FACT
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The intellectual cesspool of the inflation truthers
Powerful Headline (words) from a Washington Post article under Economic Policy. WORDS.....! Words..... When you study Legal Theory you learn that "words" play a significant role in all aspects of social order.
Controlling the rhetoric with consistent narrative
This statement simply implies the use of consistent narrative (story) to allow control of the rhetoric. Narrative can be viewed as believable while Rhetoric is a general pejorative. When the rhetoric is mis or dis-information the narrative must be credible.
Main stream media (MSM) has held a long-term standing across the world as being credible. This standing is eroding. It has eroded considerably over the last 25 years among critical thinkers and the general population has started to take notice.
I question everything from MSM especially when narrative is duplicated with identical rhetoric across known government media assets. History is a wonderful thing when searching for Truth. Events in historical time periods can be researched, parsed and studied for patterns based on future evidence and outcomes.
Information "Spin" is real and happens for one purpose, that purpose is to benefit a position, agenda, person, plan, etc., by manipulating (advertising, PR, propaganda) information. Spin is difficult to refute without hard facts. Spin has a short-term shelf life, but that is all it needs to chart a new course, set the "ball" in motion so to say.
History allows Truth to overcome Spin.
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The Quest for Truth
The quest for Truth is everywhere and not limited to the economic topics linked here. This is just a topic that started a thought process where I had access to a convenient tool (Hypothesis) to bookmark my thoughts and research.
Primary thought is: The Quest for Truth. Subcategories would provide a structured topic for the thought. In this case the subcategory would be: US Economy, Inflation
The TRUTH is a concept comprised of inconsistencies and targets that frequently move.
Targets (data, methods, people, time, semantics, agenda, demographic, motive, means, media, money, status) hold a position in time long enough to fulfill a purpose or agenda. Sometimes they don't consciously change, but history over time shines light and opens cracks in original narrative that leads to new truth's, real or imagined.
Verifying and validating certain Truth is very difficult. Why is That?
Tags
- Income Inequality
- Narrative
- Media manipulation
- Rhetoric
- Outsourced labor
- Verifying and Validating
- Semantics
- Truth is a concept
- Motive
- MSM
- American economy
- Spin
- Advertising
- Economic Policy
- Predicdted Programming
- Inflation Stats
- PR
- Means
- US Economy
- Government manipulation
- US Economy no growth
- Status
- Propaganda
- Truth
- Words
- Discredit the messager
Annotators
URL
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www.thelancet.com www.thelancet.com
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Horton, Richard. ‘Offline: Science and Politics in the Era of COVID-19’. The Lancet 396, no. 10259 (24 October 2020): 1319. https://doi.org/10.1016/S0140-6736(20)32221-2.
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Time. ‘The Great Reset: How to Build a Better World Post-COVID-19’. Accessed 19 February 2021. https://time.com/collection/great-reset/.
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Study shows vaccine nationalism could cost rich countries US$4.5 trillion. (2021, January 25). ICC - International Chamber of Commerce. https://iccwbo.org/media-wall/news-speeches/study-shows-vaccine-nationalism-could-cost-rich-countries-us4-5-trillion/
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- vaccination
- treatment
- model
- development
- COVID-19
- global
- economic
- funding
- lang:en
- government
- nationalism
- vaccine
- ICC
- is:news
- economy
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www.thebalance.com www.thebalance.com
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21st Century Economics (USA)
Economic Theory of a Market Economy, Characteristics, Pros, and Cons
Americans and the World believe or want to believe that the United States is built upon a Market Economy.
Historical context validates a classic Market Economy theory as directed by our Founding Fathers and Constitution. We clearly do not have a pure Market Economy today (2021).
- To Big to Fail - (Bailouts)
- Farm Subsidies
- Political Influence (money, lobbying, tenure)
- Government Agencies
- Military/Industrial Complex
- Federal Reserve (Central Banking)
- Social Security
- Medicare
- Other
Most Americans lump (through education) the concept of economics and government together, into 3 basic categories; Capitalism, Socialism and Communism.
The U.S. is a Capitalist Nation with a corresponding market economy.
Is this statement Fact or Hypothesis ?
Can we still rely on textbook economic models in the 21st Century?
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www.oecd-forum.org www.oecd-forum.org
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Network, T. O. F. (2021, February 8). The Haves and Have-Nots: The geopolitical dilemma of COVID vaccine equity. The OECD Forum Network. http://www.oecd-forum.org/posts/the-haves-and-have-nots-the-geopolitical-dilemma-of-covid-vaccine-equity
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twitter.com twitter.com
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Union membership & income of the 10% are mirror images! (source: Economic Policy Institute, 2019)
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wtfhappenedin1971.com wtfhappenedin1971.com
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www.enet.gr www.enet.gr
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Πρώτον, οι κυβερνήσεις πρέπει να καταργήσουν όλους τους κανόνες και τις ρυθμίσεις που εμποδίζουν τη συσσώρευση κέρδους, το οποίο θα πρέπει να είναι αφορολόγητο. Δεύτερον, οφείλουν να πουλήσουν όλη τη δημόσια περιουσία σε ιδιωτικές εταιρείες και τα κέρδη, αντί να πηγαίνουν στο κράτος και να τα ξαναεπενδύει στην κοινωνία (δημόσια έργα, παιδεία, υγεία, κ.λπ.), να δίνονται όλα στους ιδιώτες. Τρίτον, κατάργηση του κράτους πρόνοιας και περικοπή όλων των κοινωνικών δαπανών. Αυτά συνοδεύονται με ένα πλήθος λεπτομερειών: ιδιωτικοποίηση ιατροφαρμακευτικής περίθαλψης, ταχυδρομείων, παιδείας, συγκοινωνιών, λιμανιών, δασών κ.λπ. Ακόμα και πάρκων. Επιπλέον η εργασία δεν θα έχει καμία προστασία και δεν θα υπάρχει κατώτερος μισθός
Σύνοψη του νεοφιλελεύθερου μοντέλο σε 3 βήματα, με τα λόγια του Κοροβέση.
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- Jan 2021
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Gopinath. G., (2020) IMF: New predictions suggest a deeper recession and a slower recovery. World Economic Forum. Retrieved from: https://www.weforum.org/agenda/2020/06/imf-lockdown-recession-covid19-coronavirus-economics-recession
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UNCTAD (2020) Coronavirus will cost global tourism at least $1.2 trillion. https://unctad.org/news/coronavirus-will-cost-global-tourism-least-12-trillion
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www.fastcompany.com www.fastcompany.com
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How can it be bad for things to come into the U.S. cheaply? How can it be bad to have a bargain at Wal-Mart?’ Sure, it’s held inflation down, and it’s great to have bargains,” says Dobbins. “But you can’t buy anything if you’re not employed. We are shopping ourselves out of jobs.
- Wal-Mart can help keep inflation down and give great bargins
- This comes at the sacrifice of having local and American business go out of business.
- No employment due to companies going out of business will mean we are "shopping ourselves out of jobs"
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- Dec 2020
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www.economist.com www.economist.com
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Katy Milkman on how to nudge people to accept a covid-19 vaccine. (2020, November 30). The Economist. https://www.economist.com/by-invitation/2020/11/30/katy-milkman-on-how-to-nudge-people-to-accept-a-covid-19-vaccine
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- behavior
- acceptance
- population
- encouragement
- COVID-19
- herd immunity
- behavioral science
- action
- lang:en
- vaccine
- is:news
- economy
- opinion
- immunised
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www.fourtheconomy.com www.fourtheconomy.com
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twitter.com twitter.com
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ReconfigBehSci @SciBeh (2020) For those who might think this issue isn't settled yet, the piece include below has further graphs indicating just how much "protecting the economy" is associated with "keeping the virus under control" Twitter. Retrieved from: https://twitter.com/i/web/status/1306216113722871808
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www.symphonyretailai.com www.symphonyretailai.com
- Nov 2020
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Local file Local file
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Business, A. T., CNN. (n.d.). The economy as we knew it might be over, Fed Chairman says. CNN. Retrieved 18 November 2020, from https://www.cnn.com/2020/11/12/economy/economy-after-covid-powell/index.html
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firstmonday.org firstmonday.org
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The Ideology of Hacking
[..]
The hacker movement is a political project. Like the activity of many 'alternative' subcultures that are not directly defined by their political engagement, "the struggles are at once economic, political, and cultural - and hence they are biopolitical struggles, struggles over the form of life. They are constituent struggles, creating new public spaces and new forms of community" [46]. The chief uniting and mobilising force for the hacker underground is the common enemy of Microsoft (Bezroukov, 1999a). Opposition to Microsoft draws both from socialist anarchistic principles, and from high-tech libertarianism. The rightwing drift, dubbed as the Californian Ideology, is a recent transition, and not surprising given the hegemonic dominance of the corporate sector in the United States and the greater stakes in free software for business. However, it runs counter to the roots of hacking, which essentially is a reaction against Taylorism (Hannemyr, 1999). Basic motivations to engage in free programming are the rush of technological empowerment (Sterling, 1994), the joy of un-alienated creativity (Moglen, 1999), and the sense of belonging to a community (commonly recognised by hackers themselves as 'ego', but reputation only viable within a group of peers, i.e. a community). Those values may not seem political at first sight, but they are on collision course with the commercial agenda of turning the Internet into a marketplace. The rising tension within the hacker community are illuminated by the words of Manuel Castells: "The struggle between diverse capitalists and miscellaneous working class is subsumed into the more fundamental opposition between the bare logic of capital flows and the cultural values of human experience"
[..]
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- Oct 2020
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www.youtube.com www.youtube.com
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COVID-19: The 9/11 Moment for Global Public Health? Dr. Richard Horton and Clive Cookson. (2020, September 1). https://www.youtube.com/watch?v=97iJIwBQ5qE&feature=youtu.be
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arxiv.org arxiv.org
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Brañas-Garza, P., Jorrat, D., Espín, A. M., & Sánchez, A. (2020). Paid and hypothetical time preferences are the same: Lab, field and online evidence. ArXiv:2010.09262 [Physics]. http://arxiv.org/abs/2010.09262
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www.nbcnews.com www.nbcnews.com
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8 million Americans slipped into poverty amid coronavirus pandemic, new study says. (n.d.). NBC News. Retrieved October 20, 2020 from https://www.nbcnews.com/news/us-news/8-million-americans-slipped-poverty-amid-coronavirus-pandemic-new-study-n1243762?cid=sm_npd_nn_tw_ma
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In the past two decades, the policy concept of a knowledge economy hasincreasingly become an object of knowledge and governance
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www.nytimes.com www.nytimes.com
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The backlash from gig economy companies was immediate, and Uber and similar app-based businesses have committed nearly $200 million to support a state ballot measure — making it the costliest in state history — that would exempt them from the law.
This is a pretty good indicator that it will save them 10x to 100x this amount to get rid of this law.
One should ask: "Why don't they accept it and just pass this money along to their employees."
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www.statista.com www.statista.com
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Riding out the pandemic: How COVID-19 turned Europe into a cycle superpower. (n.d.). World Economic Forum. Retrieved October 12, 2020, from https://www.weforum.org/agenda/2020/10/covid-19-cycling-investment-europe/
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covid-19.iza.org covid-19.iza.org
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COVID-19 and the Labor Market. (n.d.). IZA – Institute of Labor Economics. Retrieved October 11, 2020, from https://covid-19.iza.org/publications/dp13757/
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www.eastgate.com www.eastgate.com
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The attention of the audience is a writer's most precious possession, and the value of audience attention is seldom more clear than in writing for the Web. The time, care, and expense devoted to creating and promoting a hypertext are lost if readers arrive, glance around, and click elsewhere. How can the craft of hypertext invite readers to stay, to explore, and to reflect?
A very early statement about what was about to become the "attention economy"
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www.metamute.org www.metamute.org
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We need to debate what kind of hypermedia suit our vision of society - how we create the interactive products and on-line services we want to use, the kind of computers we like and the software we find most useful. We need to find ways to think socially and politically about the machines we develop. While learning from the can-do attitude of the Californian individualists, we also must recognise that the potentiality of hypermedia can never solely be realised through market forces. We need an economy which can unleash the creative powers of hi-tech artisans. Only then can we fully grasp the Promethean opportunities of hypermedia as humanity moves into the next stage of modernity.
Great ending. These words are as true today as they were 25 years ago.
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www.roughtype.com www.roughtype.com
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Third, content collapse puts all types of information into direct competition. The various producers and providers of content, from journalists to influencers to politicians to propagandists, all need to tailor their content and its presentation to the algorithms that determine what people see. The algorithms don’t make formal or qualitative distinctions; they judge everything by the same criteria. And those criteria tend to promote oversimplification, emotionalism, tendentiousness, tribalism — the qualities that make a piece of information stand out, at least momentarily, from the screen’s blur.
This is a terrifically painful and harmful thing. How can we redesign a system that doesn't function this way?
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Annotators
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adanewmedia.org adanewmedia.org
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en.wikipedia.org en.wikipedia.org
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Anomie (/ˈænəˌmi/) is a "condition in which society provides little moral guidance to individuals".[1] It is the breakdown of social bonds between an individual and the community, e.g., under unruly scenarios resulting in fragmentation of social identity and rejection of self-regulatory values.
I can't help but see this definition and think it needs to be applied to economics immediately. In particular I can think of a few quick examples of economic anomie which are artificially covering up a free market and causing issues within individual communities.
College Textbooks: Here publishers are marketing to professors who assign particular textbooks and subverting students which are the actual market and consumers of those textbooks. This causes an inflated market and has allowed textbook prices to spiral out of control.
The American Health Care Market In this example, the health care providers (doctors, hospitals, etc.) have been segmented away from their consumers (patients) by intermediary insurance companies which are driving the market to their own good rather than a free-er set of smaller (and importantly local) markets that would be composed of just the sellers and the buyers. As a result, the consumer of health care has no ability to put a particular price on what they're receiving (and typically they rarely ever ask, even more so when they have insurance). This type of economic anomie is causing terrific havoc within the area.
(Aside: while the majority of health care markets is very small in size (by distance), I will submit that the advent of medical tourism does a bit to widen potential markets, but this segment of the market is tiny and very privileged in comparison.)
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www.wesjones.com www.wesjones.com
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But that state of consciousness that permits the growth of liberalism seems to stabilize in the way one would expect at the end of history if it is underwritten by the abundance of a modern free market economy.
Writers spend an awful lot of time focused too carefully on the free market economy, but don't acknowledge a lot of the major benefits of the non-free market parts which are undertaken and executed often by governments and regulatory environments. (Hacker & Pierson, 2016)
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www.nature.com www.nature.com
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Nkengasong, J. N., Ndembi, N., Tshangela, A., & Raji, T. (2020). COVID-19 vaccines: How to ensure Africa has access. Nature, 586(7828), 197–199. https://doi.org/10.1038/d41586-020-02774-8
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www.youtube.com www.youtube.com
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Hybrids: Between Industry and Academia ft. Nurit Nobel (Episode 016). (2020, August 9). https://www.youtube.com/watch?v=_oRegXaGsTU
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www.theguardian.com www.theguardian.com
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Partridge, J. (2020, October 5). Covid-19 has changed working patterns for good, UK survey finds. The Guardian. https://www.theguardian.com/business/2020/oct/05/covid-19-has-changed-working-patterns-for-good-uk-survey-finds
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www.nytimes.com www.nytimes.com
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Nelson, E., & Merced, M. J. de la. (2020, October 2). September Jobs Report Shows Slowdown in Recovery. The New York Times. https://www.nytimes.com/live/2020/10/02/business/stock-market-today-coronavirus
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www.washingtonpost.com www.washingtonpost.com
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Long, H., correspondentEmailEmailBioEmailFollowEmail, H. L., Dam, rew V., Fowers, rew V. D. focusing on economic dataEmailEmailBioEmailFollowEmailAlyssa, visualization, A. F. reporter focusing on data, data, analysisEmailEmailBioEmailFollowEmailLeslie S. S. reporter focusing on, & storytellingEmailEmailBioEmailFollowEmail, multimedia. (n.d.). The covid-19 recession is the most unequal in modern U.S. history. Washington Post. Retrieved October 2, 2020, from https://www.washingtonpost.com/graphics/2020/business/coronavirus-recession-equality/
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- Sep 2020
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www.nature.com www.nature.com
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Krammer, Florian. ‘SARS-CoV-2 Vaccines in Development’. Nature, 23 September 2020, 1–16. https://doi.org/10.1038/s41586-020-2798-3.
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monthlyreview.org monthlyreview.org
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Modern U.S. Racial Capitalism
Some Theoretical Insights
by Charisse Burden-Stelly
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arxiv.org arxiv.org
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Rostami-Tabar, B., Ali, M. M., Hong, T., Hyndman, R. J., Porter, M. D., & Syntetos, A. (2020). Forecasting for Social Good. ArXiv:2009.11669 [Cs]. http://arxiv.org/abs/2009.11669
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www.wsj.com www.wsj.com
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Scott, G. G. and C. L. (2020, September 26). Is It Insane to Start a Business During Coronavirus? Millions of Americans Don’t Think So. Wall Street Journal. https://www.wsj.com/articles/is-it-insane-to-start-a-business-during-coronavirus-millions-of-americans-dont-think-so-11601092841
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www.bloomberg.com www.bloomberg.com
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Harvard’s Chetty Finds Economic Carnage in Wealthiest ZIP Codes. (2020, September 24). Bloomberg.Com. https://www.bloomberg.com/news/features/2020-09-24/harvard-economist-raj-chetty-creates-god-s-eye-view-of-pandemic-damage
Tags
- data
- employment
- COVID-19
- podcast
- socioeconomic status
- disproportionate impact
- visualization
- graph
- lang:en
- wealth
- is:news
- economy
- inequality
Annotators
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www.bloomberg.com www.bloomberg.com
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Why New York’s in a Depression and Texas Isn’t. (2020, September 21). Bloomberg.Com. https://www.bloomberg.com/opinion/articles/2020-09-21/why-a-coronavirus-recession-in-florida-is-a-depression-in-new-york
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www.bbc.co.uk www.bbc.co.uk
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Triggle, Nick. ‘Is It Time We Learned to Live with the Virus?’ BBC News, 21 September 2020, sec. Health. https://www.bbc.com/news/health-54228649.
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lpeproject.org lpeproject.org
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Announcing the New Law and Political Economy Project
Interesting, read more!
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www.bloomberg.com www.bloomberg.com
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Let’s Not Go Back to ‘Normal.’ (2020, September 4). Bloomberg.Com. https://www.bloomberg.com/news/articles/2020-09-04/return-to-normal-will-sacrifice-innovation
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Thomas, D., & Giles, C. (2020, September 14). Cities count cost of lasting exodus from offices. https://www.ft.com/content/203cc83c-72b0-49c9-bea5-6fb38735a8fc
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www.theneweuropean.co.uk www.theneweuropean.co.uk
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Zorzut, A. (n.d.). Rishi Sunak’s Eat Out to Help Out scheme could be to blame for UK coronavirus spike, figures suggest. The New European. Retrieved September 14, 2020, from https://www.theneweuropean.co.uk/top-stories/eat-out-may-have-caused-second-covid-wave-in-britain-1-6834333
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www.reuters.com www.reuters.com
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Exclusive: In Russia, a black market for HIV drug to try on coronavirus. (2020, April 20). Reuters. https://www.reuters.com/article/us-health-coronavirus-russia-hiv-exclusi-idUSKBN2220W1
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ec.europa.eu ec.europa.eu
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GDP main aggregates and employment estimates for the second quarter of 2020: GDP down by 11.8% and employment down by 2.9% in the euro area. (n.d.). Retrieved September 9, 2020, from https://ec.europa.eu/eurostat/web/products-press-releases/-/2-08092020-AP
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maxkasy.github.io maxkasy.github.io
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Kasy, M. (2020). How to run an adaptive field experiment. Retrieved from https://maxkasy.github.io/home/files/slides/adaptive_field_slides_kasy.pdf
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techcrunch.com techcrunch.com
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9 top real estate and proptech investors: Cities and offices still have a future. (n.d.). TechCrunch. Retrieved September 7, 2020, from https://social.techcrunch.com/2020/09/03/9-top-real-estate-and-proptech-investors-cities-and-offices-still-have-a-future/
Tags
- post-pandemic
- real estate
- labor market
- COVID-19
- prediction
- economy
- survey
- office
- proptech
- government aid
- lang:en
- investor
- is:news
- urban area
- workplace
Annotators
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www.pewresearch.org www.pewresearch.org
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NW, 1615 L. St, Suite 800Washington, & Inquiries, D. 20036USA202-419-4300 | M.-857-8562 | F.-419-4372 | M. (n.d.). A majority of young adults in the U.S. live with their parents for the first time since the Great Depression. Pew Research Center. Retrieved September 7, 2020, from https://www.pewresearch.org/fact-tank/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/
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twitter.com twitter.com
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Jed Kolko on Twitter. (n.d.). Twitter. Retrieved September 7, 2020, from https://twitter.com/JedKolko/status/1301865629591334912
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www.aei.org www.aei.org
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The Deep Dive with John Lettieri: What Adam Ozimek thinks about remote work, regional divergence, and the crisis facing American small businesses. (n.d.). American Enterprise Institute - AEI. Retrieved July 4, 2020, from https://www.aei.org/multimedia/the-deep-dive-what-adam-ozimek-thinks-about-remote-work-regional-divergence-and-the-crisis-facing-american-small-businesses/
Tags
- small business
- COVID-19
- remote work
- is:webpage
- podcast
- prediction
- regional divergence
- lang:en
- USA
- impact
- economy
Annotators
URL
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wip.mitpress.mit.edu wip.mitpress.mit.edu
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Building the New Economy · Works in Progress. (n.d.). Works in Progress. Retrieved June 16, 2020, from https://wip.mitpress.mit.edu/new-economy
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www.nytimes.com www.nytimes.com
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Casselman, B. (2020, September 1). Small-Business Failures Loom as Federal Aid Dries Up. The New York Times. https://www.nytimes.com/2020/09/01/business/economy/small-businesses-coronavirus.html
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- Aug 2020
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ec.europa.eu ec.europa.eu
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GDP and employment flash estimates for the second quarter of 2020: GDP down by 12.1% and employment down by 2.8% in the euro area. (n.d.). Retrieved August 29, 2020, from https://ec.europa.eu/eurostat/web/products-press-releases/-/2-14082020-AP
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Baker, S. R., Bloom, N., & Terry, S. J. (2020). Using Disasters to Estimate the Impact of Uncertainty (Working Paper No. 27167; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27167
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covid-19.iza.org covid-19.iza.org
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The Distributional Impacts of Early Employment Losses from COVID-19. COVID-19 and the Labor Market. (n.d.). IZA – Institute of Labor Economics. Retrieved August 4, 2020, from https://covid-19.iza.org/publications/dp13266/
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www.youtube.com www.youtube.com
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Racism and COVID-19: Inequities and Policing. (2020, June 18). https://www.youtube.com/watch?v=S3kDdingjmo&feature=youtu.be
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www.theatlantic.com www.theatlantic.com
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Lowrey, A. (2020, March 31). We Need to Start Tossing Money Out of Helicopters. The Atlantic. https://www.theatlantic.com/ideas/archive/2020/03/we-need-start-tossing-money-out-helicopters/608968/
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www.youtube.com www.youtube.comYouTube1
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Online Harms & Disinformation Post-COVID. (n.d.). Retrieved 20 August 2020, from https://www.youtube.com/watch?v=N2BmRuXbNhk
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www.project-syndicate.org www.project-syndicate.org
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Hausmann, Ricardo. ‘Why Zoom Can’t Save the World | by Ricardo Hausmann’. Project Syndicate, 10 August 2020. https://www.project-syndicate.org/commentary/high-economic-cost-of-business-travel-shutdown-by-ricardo-hausmann-2020-08.
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Auerbach, A. J., Gorodnichenko, Y., & Murphy, D. (2020). Fiscal Policy and COVID19 Restrictions in a Demand-Determined Economy (Working Paper No. 27366; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27366
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Ludvigson, S. C., Ma, S., & Ng, S. (2020). Covid19 and the Macroeconomic Effects of Costly Disasters (Working Paper No. 26987; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26987
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www.bbc.com www.bbc.com
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Skorwid, G. (n.d.). The city that became an open-air café. Retrieved 14 August 2020, from https://www.bbc.com/worklife/article/20200805-how-vilnius-became-an-open-air-cafe
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www.weforum.org www.weforum.org
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’Normal wasn’t working’—John Kerry, Phillip Atiba Goff and others on the new social contract post-COVID. (n.d.). World Economic Forum. Retrieved 12 August 2020, from https://www.weforum.org/agenda/2020/06/great-reset-social-contract-john-kerry-phillip-goff/
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www.nber.org www.nber.org
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Andersen, M., Maclean, J. C., Pesko, M. F., & Simon, K. I. (2020). Effect of a Federal Paid Sick Leave Mandate on Working and Staying at Home: Evidence from Cellular Device Data (Working Paper No. 27138; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27138
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www.nber.org www.nber.org
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Bartik, A. W., Cullen, Z. B., Glaeser, E. L., Luca, M., Stanton, C. T., & Sunderam, A. (2020). The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses (Working Paper No. 27623; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27623
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www.nber.org www.nber.org
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Coibion, O., Gorodnichenko, Y., & Weber, M. (2020). Does Policy Communication During Covid Work? (Working Paper No. 27384; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27384
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www.nber.org www.nber.org
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Kozlowski, J., Veldkamp, L., & Venkateswaran, V. (2020). Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19 (Working Paper No. 27439; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27439
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Bartik, A. W., Bertrand, M., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey (Working Paper No. 26989; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26989
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www.nber.org www.nber.org
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Brown, C. S., & Ravallion, M. (2020). Inequality and the Coronavirus: Socioeconomic Covariates of Behavioral Responses and Viral Outcomes Across US Counties (Working Paper No. 27549; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27549
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www.nber.org www.nber.org
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Atkeson, A. (2020). What Will Be the Economic Impact of COVID-19 in the US? Rough Estimates of Disease Scenarios (Working Paper No. 26867; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26867
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