Can John Maynard Keynes teach us anything new for dealing with the problems created by the covid-19 pandemic? Hasn’t his thought been thoroughly integrated into current economics? (“We’re all Keynesians now.”)
We can learn something, argues Zachary Carter, maintaining that today’s Keynesian economics, on the right as well as on the left, has missed Keynes’ key insight. The heart of Keynes’ insight, culminating in The General Theory of Employment, Interest and Money, is not just the possibility of adding fiscal and monetary policy to the classical economists’ view of markets. …
There’s a lot of talk about herd immunity as a way of coping with the coronavirus/covid-19 pandemic. Is this really a viable strategy? What numbers does a herd-immunity approach imply?
Herd immunity exists when there’s a level of immunity in a population that makes it unlikely that any one individual will catch the disease and the disease will not spread widely. Note that herd immunity does not mean that no one will catch the disease.
For herd immunity, a threshold of people who have achieved immunity, either by vaccination or by having survived the disease, must be reached. Estimates of…
This is a work of fiction.
Any resemblance to anyone, living or
living dead, is purely coincidental.
Konstance, queen of Knobbia, announced a grand masked ball in honor of The Weekly Knob’s 100th prompt. Throughout the realm, invitations were breathlessly awaited and their arrival greatly celebrated.
Lorenzo de Minimis, the miserably poor pastor of a tiny rural parish, too poor to ever marry, maintained that he did not want an invitation. True, The Weekly Knob had once published a small offering. But he persuaded himself he lacked the wit to be a true Knobbier. When his clerical duties permitted, he…
The gusting wind, unable to decide on a direction, drove the tire swing in chaotic arcs. Marieke watched from her bedroom. She hadn’t been on the swing in four or five years, she thought, since before junior high. Now it demanded, “Come ride the storm with me.”
She shook with fear and anger as she listened to her father and mother shouting downstairs. Why was he doing this to them?
She went down the back stairway and out through the kitchen, avoiding the living room, where the shouting had lapsed into cold silence, silence she could feel through two closed…
Liza Schwarz had definitely come up in the world. The little house was much better than the shack Luther provided. The walls needed paint, but there were real wooden floors. Much better than the faded linoleum of the shack — real, old-fashioned linoleum, not vinyl. There was even a washer and dryer in the low-ceilinged, musty basement.
The doorbell rang. Nice to actually have a doorbell.
She caught her breath. It was her cousin, Phil Cantor, the lawyer who had sprung her after the stupid arrest. The little house was his. “Worry about paying rent once you get back on…
President Trump apparently has a short fuse when it comes to firing people who disagree with him or criticize him.
But loyalty surely means something different in a democracy than in a dictatorship, whether in business or in government.
Good leaders need people around them who are not “yes”-men/women. Although I haven’t read it, I understand that Goodwin’s book, Team of Rivals, about Lincoln and his cabinet, provides a good analysis of working with a team that has lots of disagreements and strong personalities. …
Since Medium shows no interest in respecting my desires re what goes into my feed, I will henceforth try to ignore the feed. Instead:
— I will create a set of bookmarks in a separate bookmark folder — the publications and people I want to follow.
— I will rotate through these bookmarks, checking out the “Latest” for each one. Depending on who’s writing what, the rotation should take 4–7 days, so I’ll visit everyone at least once a week.
— The time getting to pages using these bookmarks may or may not be less than the time I waste scrolling through useless feeds. But at least I’m not wasting my time.
Open Letter to President Trump
Dear President Trump,
If you really are a Christian, then I ask that, each night, you kneel and recite this prayer:
Lord, make me an instrument of your peace:
where there is hatred, let me sow love;
where there is injury, pardon;
where there is doubt, faith;
where there is despair, hope;
where there is darkness, light;
where there is sadness, joy.
O divine Master, grant that I may not so much seek
to be consoled as to console,
to be understood as to understand,
to be loved as to love.
For it is in giving that we receive,
it is in pardoning that we are pardoned,
and it is in dying that we are born to eternal life.
They brought us beauty, line by line.
Now gone, their gifts; now it’s too late.
Poems and stories, art sublime,
Their wonders lost to spite and hate.
To write on Medium takes a skin
That’s hard and calloused, tough and crude.
Souls of artists, membranes thin,
Are raptor trolls’ predation food.
We miss you, Anna, Kate and Tre,
And curse the scum drove you away.