EVAN BAEHR + EVAN LOOMIS ~ PITCH DECK ~ GET BACKED ~ 2015

~ A-PD-IASOWAITIAVSABM-TGPT-U/C/TA ~ A – Pitch Deck – Is A Series Of Words And Images That Illustrate A Venture’s Story And Business Model – They Get People To – Understand / Care / Take Action

~ O:WAW? ~ Overview: Who Are We?

~ O:WHITM? ~ Opportunity: What’s Happening In This Market?

~ P:WAYTTS? ~ Problem: What Are You Trying To Solve?

~ S:WAYDAI? ~ Solution: What Are You Doing About It?

~ T:WEDYHTSTWBS? ~ Traction: What Evidence Do You Have That Shows This Will Be Successful?

~ M:WAYC-A-HMOTAOT? ~ Market: Who Are Your Customers – And – How Many Of Them Are Out There?

~ C:WOWWSYC? ~ Competition: Who Or What Will Steal Your Customers?

~ BM:HWYMM? ~ Business Model: How Will You Make Money?

~ T:WIGTPTO? ~ Team: Who Is Going To Pull This Off?

~ UOF:WDYWAW? ~ Use Of Funds: What Do You Want And Why?

HA-JOON CHANG ~ SCHOOLS OF ECONOMICS ~ ECONOMICS — THE USER’S GUIDE ~ 2014

~ C:TMKAPATC-SLIA ~ Classical: The Market Keeps All Producers Alert Through Competition – So Leave It Alone

~ N-C:IKWTAD~ Neo-Classical: Individuals Know What They Are Doing – So Leave Them Alone – Except When Markets Malfunction

~ M: CIAPVFEP-B-IWC-APPOBAOTFP ~ Marxist: Capitalism Is A Powerful Vehicle For Economic Progress – But – It Will Collapse – As Private Property Ownership Becomes An Obstacle To Further Progress

~ DT:BECDITLTETTM ~ Developmentalist Tradition: Backward Economies Can’t Develop If They Leave Things Entirely To The Market

~ A:NOKE-SLEA ~ Austrian: No One Knows Enough – So Leave Everyone Alone

~ (N)-S:CIAPVOEP-B-IWA-AFBLAMB ~ (Neo)-Schumpeterian: Capitalism Is A Powerful Vehicle Of Economic Progress – But – It Will Atrophy – As Firms Become Larger And More Bureaucratic

~ K:WIGFIMNBGFTWE ~ Keynesian: What Is Good For Individuals May Not Be Good For The Whole Economy

~ I:OAN?:IAPOTS-ETTMCIR ~ Institutionalist – Old And New?: Individuals Are Products Of Their Society – Even Though They May Change Its Rules

~ B:WANSE-SWNTDCOOFOCT-R ~ Behaviouralist: We Are Not Smart Enough – So We Need To Deliberately Constrain Our Own Freedom Of Choice Through – Rules

HA-JOON CHANG ~ ECONOMICS — THE USER’S GUIDE ~ 2014

~ 95%-O-E-I-CS-MTLD-WTUOJAM ~ 95 Per Cent – Of – Economics – Is – Common Sense – Made To Look Difficult – With The Use Of Jargons And Mathematics

~ ECNBASITSTPOCI ~ Economics Can Never Be A Science In The Sense That Physics Or Chemistry Is

~ NEHYCTECETU ~ No Economist Has Yet Claimed That Economics Can Explain The Universe

~ HGAETMB-IISTITAS ~ However Great An Economic Theory May Be – It Is Specific To Its Time And Space

~ TMW:CWTBWAGI ~ The Middle Way: Capitalism Works The Best With Appropriate Government Interventions

~ TM-I-IA-C-RT-S-O-IIBO-DD-RAR-T-PCT-DO-A-ESO-TBOTMHBRDART-DPD-MOLOOME-S/CL/CN-HBWFTM-ATST-MFUTHBMDT-PD ~ The Market – Itself – Is A – Constructed – Rather Than – Spontaneous – Order – It Is Based On – Deliberately Designed – Rules And Regulations – That – Prohibit Certain Things – Discourage Others – And – Encourage Still Others – The Boundaries Of The Market Have Been Repeatedly Drawn And Redrawn Through – Deliberate Political Decisions – Many Once-Legal Objects Of Market Exchange – Slaves / Child Labour / Certain Narcotics – Have Been Withdrawn From The Market – At The Same Time – Many Formerly Unmarketable Things Have Become Marketable Due To – Political Decisions

~ TIAHGITWMATSCACAWC-IT-‘SS’-E-WWHTKOD ~ There Is A Huge Gradation In The Ways Markets And The State Combine Across Countries And Within Countries – If The – “Slippery Slope” – Existed – We Wouldn’t Have These Kinds Of Diversity

~ ‘BR’-OTMCOOD-MINTLOIBOLCTPTIWH ~ “Bounded Rationality” – Often The Main Constraint On Our Decision-Making Is Not The Lack Of Information But Our Limited Capability To Process The Information We Have

~ HTMEB-PEDAEC-FOI ~ How To Make Economics Better – Preserving Intellectual Diversity And Encouraging Cross-Fertilization Of Ideas

~ TFI-WANTKSADATEIWANTBPVOSED-BEEPACATAOL-LSETTEHITA-O-MF-IPJOWTIPWTDA ~ The Fact Is – We All Need To Know Something About Diverse Approaches To Economics If We Are Not To Become Passive Victims Of Someone Else’s Decision – Behind Every Economic Policy And Corporate Action That Affects Our Lives – Lies Some Economic Theory That Either Has Inspired Those Actions – Or – More Frequently – Is Providing Justification Of What Those In Power Want To Do Anyway

~ OWWKTTADETWWBATTTPTTAWTTUT-‘TINA’-NWLT-DETSDTPBTBODEAPV-WWHTCTDEFWIRI-A-PA-ANA-‘S’-IWTICRAW ~ Only When We Know That There Are Different Economic Theories Will We Be Able To Tell Those In Power That They Are Wrong To Tell Us That – “There Is No Alternative” – Once We Learn That – Different Economic Theories Say Different Things Partly Because They’re Based On Different Ethical And Political Values – We Will Have The Confidence To Discuss Economics For What It Really Is – A – Political Argument – And Not A – “Science” – In Which There Is Clear Right And Wrong

~ MBIT-IV-WRSPFTDEFR-SAA-F-TWHPAM-IGSSBITTUSSAG-N-QTSQ

~ Many Believers In The – Individualist View – Would Rather Sacrifice Political Freedom To Defend Economic Freedom – Support And Approval – From – Those Who Have Power And Money – It Gets Such Support Because It Takes The Underling Social Structure – As Given – Not – Questioning The Status Quo

~ P-AP:A(PM)MPBPTPTOIRTTOTP(S) ~ Principle-Agent Problem: Agents (Professional Managers) May Pursue Business Practices That Promote Their Own Interests Rather Than Those Of Their Principals (Shareholders)

~ GOOSIPSCIMMWTPT ~ Government Ownership Of Shares In Private-Sector Companies Is Much More Widespread Than People Think

~ ISC-TU-AC-C-P-BTNCITAWO-IO-TASANPIAB ~ In Some Countries – Trade Unions – Are Considered – Counter-Productive – Blocking The Necessary Changes In Technologies And Work Organization – In Others – They Are Seen As Natural Partners In Any Business

~ OPPAPTTPITOF-TWHMALOMMDI-A-TTTCBRITTHE-LBEFTR-TP-OATOI-BTD-FRT-LWS-LROB-A-FWR ~ Once Poor People Are Persuaded That Their Poverty Is Their Own Fault – That Whoever Has Made A Lot Of Money Must Deserve It – And – That They Too Could Become Rich If They Tried Hard Enough – Life Becomes Easier For The Rich – The Poor – Often Against Their Own Interest – Begin To Demand – Fewer Redistribute Taxes – Less Welfare Spending – Less Regulation On Business – And – Fewer Worker Rights

~ Y-MPAS-SMOTT-B-TAAMB-P/CS/A/SOF(J)/H/CTAI/SOD/V/F/L/POB/IC-A-MEB

~ Yes – Most People Are Self-Seeking Much Of The Time – But – They Are Also Moved By – Patriotism / Class Solidarity / Altruism / Sense Of Fairness (Or Justice) / Honesty / Commitment To An Ideology / Sense Of Duty / Vicariousness / Friendship / Love / Pursuit Of Beauty / Idle Curiosity – And – Much Else Besides

~ WAGTROOTP-STS-IWDNFWTCTIOOEAOTE ~ We Are Going To Run Out Of The Planet – So To Speak – If We Do Not Find Ways To Control The Impacts Of Our Economic Activities On The Environment

~ TD-CB-S-AWA-C-O-EP ~ Technological Developments – Can Be – Solutions – As Well As – Causes – Of – Environmental Problems

~ TPTTNFIMBTCTBHSWBA ~ The Possibility That These New Financial Instruments Might Be Too Complicated To Be Handled Safely Was Brushed Away

~ IC-HMT-FS-M-IAU-II-HA-HTI-OT-FS ~ Increasing Complexity – Has Made The – Financial System – More – Inefficient And Unstable – Increasing Interconnectedness – Has Also – Heightened The Instability – Of The – Financial System

~ THBAVIITFOFC ~ There Has Been A Vast Increase In The Frequency Of Financial Crises

~ TROT-‘SVM’-M-ITEO-NF-H-DRTRAF-L-TI-I-N-FC ~ The Rise Of The – “Shareholder Value Maximization” – Model – In The Era Of – New Finance – Has – Dramatically Reduced The Resources Available For – Long-Term Investments – In – Non-Financial Corporations

~ N-FC-HBIDOTFAFTP ~ Non-Financial Companies – Have Become Increasingly Dependent On Their Financial Activities For Their Profits

~ F-NTBSREBIIS-P ~ Finance – Needs To Be Strictly Regulated Exactly Because It Is So – Powerful

~ CL-WCWIAJ-TMAPDAA-T-B-WFAYA-IMNFTPTTF ~ Child Labour – When Children Work In Adult Jobs – Their Mental And Physical Developments Are Arrested – Thus – By – Working From A Young Age – Individuals May Not Fulfill Their Potential To The Full

~ TWS-WITMDAOLFTMOP-EWTAOCA-‘NW’-DAT-IM-ED-PAMCA-C-RT-W-TRITWHAWAWI-ATDL-WSWWA ~ Taking Work Seriously – Work Is The Most Dominant Aspect Of Life For The Majority Of People – Even When They Are Officially Classified As – “Not Working” – Despite All This – In Most – Economic Discussions – People Are Mainly Conceptualized As – Consumers – Rather Than – Workers – The Reality Is That What Happens At Work Affects Workers Immeasurably – At The Deepest Level – Work Shapes Who We Are

~ F-E-OTMI-A-OA-PGITACC-ICTBSU-A-T-I-THCOU-EH/D/H/S-AHR ~ Full Employment – Once The Most Important – And – Often Achieved – Policy Goal In The Advanced Capitalist Countries – Is Considered To Be Something Unachievable – And – Thus – Irrelevant – The Human Costs Of Unemployment – Economic Hardship / Depression / Humiliation / Suicide – Are Hardly Recognized

~ W-TWMS-WCBAMBEAAMFS ~ Without – Taking Work More Seriously – We Cannot Build A More Balanced Economy And A More Fulfilled Society

~ PE:AM-‘H’-N ~ Political Economy: A More – “Honest” – Name

~ S-A-O-F-N-CTEOTTISDMBTTMOD-TONO-E-TSOPMOTE ~ Sometimes – An – Old – Forgotten – Name – Conveys The Essence Of The Thing It Is Describing Much Better Than The Modern One Does – The Old Name Of – Economics – The Study Of Political Management Of The Economy

~ TIAHSOOO-TAROTS-OWDF-EV-TPPOE-WTGSOSND-BM-BN ~ There Is A Huge Spectrum Of Opinion On – The Appropriate Role Of The State – Once We Depart From – Extreme Views – The Possible Permutations Of Exactly – What The Government Should Or Should Not Do – Become Mind-Bogglingly Numerous

~ TINS-‘S’-W-TDTBBMAP ~ There Isn’t A Single – “Scientific” – Way – To Draw The Boundary Between Market And Politics

~ EIAPA-YMATA-OQ-WB? ~ Economics Is A Political Argument – You Must Ask The Age-Old Question – Who Benefits?

TONY JUDT ~ ILL FARES THE LAND ~ 2010

~ SIPWWTWWLT-WKWTCBHNIWTAW-WNLAOAJROALA:IIG?-IIF?-IIR?-WIHBAABSOABW?-TYTB-T-PQ-EITINEA-WMLOATPT-WCGOLLT-AYWSUTCOA-TTISN ~ Something Is Profoundly Wrong With The Way We Live Today – We Know What Things Cost But Have No Idea What They Are Worth – We No Longer Ask Of A Judicial Ruling Or A Legislative Act: Is It Good? – Is If Fair? – Is It Right? – Will It Help Bring About A Better Society Or A Better World? – Those Used To Be – The – Political Questions – Even If They Invited No Easy Answers – We Must Learn Once Again To Pose Them – We Cannot Go On Living Like This – And Yet We Seem Unable To Conceive Of Alternatives – This Too Is Something New

~ TRGIAWATWIITI-B-ATFTIAGSOF-‘BWCWBI?’-‘WSWD?’ ~ The Rising Generation Is Acutely Worried About The World It Is To Inherit – But – Accompanying These Fears There Is A General Sentiment Of Frustration – “But What Can We Believe In?” – “What Should We Do”

~ S-TS-IGTBWUFTFF-WWDWTTAWSOASWW ~ Since – The State – Is Going To Be With Us For The Foreseeable Future – We Would Do Well To Think About What Sort Of A State We Want

~ IBF-A-F-FOC-FOD-FOSAAUW ~ Insecurity Breed Fear – And – Fear – Fear Of Change / Fear Of Decline / Fear Of Strangers And An Unfamiliar World

~ TCAC-THBACIIM-TPSP ~ The Consequences Are Clear – There Has Been A Collapse In Intergenerational Mobility – The Poor Stay Poor

TWTSBTWFATIM-TWTSP-TFRAPCA ~ The Wider The Spread Between The Wealthy Few And The Impoverished Many – The Worse The Social Problems – True For Rich And Poor Countries Alike

~ TY-O-GI-H-C-TTIA-NCOL-AWWCDL ~ Thirty Years – Of – Growing Inequality – Have – Convinced – That This Is A – Natural Condition Of Life – About Which We Can Do Little

~ IIOTTDAIAIP;IIQATRIT ~ It Is One Thing To Dwell Amongst Inequality And Its Pathologies; It Is Quite Another To Revel In Them

~ R-PAS-R-T-SL-WACPITSRTM20CP-TWHOATOBOT ~ Restoring – Pride And Self-Respect – To – Society’s Losers – Was A Central Platform In The Social Reforms That Marked 20th Century Progress – Today We Have Once Again Turned Our Back On Them

~ AWDITLB-AD-‘FM’~ Are We Doomed Indefinitely To Lurch Between – A Dysfunctional – “Free Market” – And – The Much-Advertised Horrors Of – “Socialism”?

~ TD-WTPIBTETIPOO ~ These Days – We Take Pride In Being Tough Enough To Inflict Pain On Others

~ WCCTEOWATCWMIAMV ~ We Cannot Continue To Evaluate Our World And The Choices We Make In A Moral Vacuum

~ MDNAG-T-C-O-CAFTCG-SB-TR-A-TCAOSAEE-C-‘IH’-BFTFITIUCFTMSOIP ~ Markets Do Not Automatically Generate – Trust – Cooperation – Or – Collective Action For The Common Good – Sustained By – Traditional Restraints – And – The Continuing Authority Of Secular And Ecclesiastical Elites – Capitalism’s – “Invisible Hand” – Benefited From The Flattering Illusion That It Unerringly Corrected For The Moral Shortcomings Of Its Practitioners

~ HSWBTMAFRAGOWTPOMWAITSME?-PWMSBROAOCTIWAT-T-‘E’-AWHDNFTY-INITH ~ How Should We Begin To Make Amends For Raising A Generation Obsessed With The Pursuit Of Material Wealth And Indifferent To So Much Else? – Perhaps We Might Start By Reminding Ourselves And Our Children That It Wasn’t Always Thus – Thinking – “Economistically” – As We Have Done Now For Thirty Years – Is Not Intrinsic To Humans

~ NCNLWSVLWOA ~ Neither Capitalism Nor Liberalism Would Survive Very Long Without One Another

~ IWT-FAD-O-T-MC-WHGRTF ~ It Was The – Fear And Disaffection – Of – The – Middle Class – Which Had Given Rise To Fascism

~ ACURT ~ All Collective Undertakings Require Trust

~ TMETS-TGTT ~ The More Equal The Society – The Greater The Trust

~ N-OC-IEQAGAWR ~ Nothing – Of Course – Is Ever Quite As Good As We Remember

~ WWHBWITSSOPROTPSTNDCA-CTETAPM-PII ~ What We Have Been Watching Is The Steady Shift Of Public Responsibility Onto The Private Sector To No Discernible Collective Advantage – Contrary To Economic Theory And Popular Myth – Privatization Is Inefficient

~ ITSR-DCSTIOTC ~ In The Short Run – Democracies Can Survive The Indifference Of Their Citizens

~ PITWYAG-NOHACSORFTTGD-IAKORHAHAEAB ~ Participation In The Way You Are Governed – Not Only Heightens A Collective Sense Of Responsibility For The Things Government Does – It Also Keeps Our Rulers Honest And Holds Authoritarian Excess At Bay

~ IWFEFTMOOCA-WSNBTSUAT-ITC-WSNBSTDTNOILTUU ~ If We Feel Excluded From The Management Of Our Collective Affairs – We Shall Not Bother To Speak Up About Them – In That Case – We Should Not Be Surprised To Discover That No One Is Listening To Us

~ CT-TILTCD-TDL ~ Convinced That – There Is Little They Can Do – They Do Little

~ TOTWTTMGITL;IFS-PSALAMVAIAUAR ~ The Only Thing Worse Than Too Much Government Is Too Little; In Failed States – People Suffer At Least As Much Violence And Injustice As Under Authoritarian Rule

~ A-CCOOOI-IWDOOINA-O-AOWCASL-LICTREOITNC ~ A – Closed Circle Of Opinion Or Ideas – Into Which Discontent Or Opposition Is Never Allowed – Or – Allowed Only Within Circumscribed And Stylized Limits – Loses Its Capacity To Respond Energetically Or Imaginatively To New Challenges

~ WNTR-LHT-CTWGU ~ We Need To Re-Learn How To – Criticize Those Who Govern Us

~ DAD-AO-TWOTY ~ Dissent And Dissidence – Are Overwhelmingly – The Work Of The Young

~ DMRWTLASIGTPC ~ Dissent Must Remain Within The Law And Seek Its Goals Through Political Channels

~ CADAYP:WITBOTIWDNTSTIOGW? ~ Cynicism And Despair Among Young People: What Is To Become Of Them If We Do Not Take Seriously The Implications Of Global Warming?

~ TWBFW-HDOTTWAAW ~ Those Who Benefit From War – Have Different Objectives Than Those Who Are Against War

~ SACACCI-TDDOCOWOI-IJAWTPOSOIAA ~ Societies Are Complex And Contain Conflicting Interests – To Deny Distinctions Of Class Or Wealth Or Influence – Is Just A Way To Promote One Set Of Interests Above Another

~ TPDLTBROTP ~ The Privileged Don’t Like To Be Reminded Of Their Privileges

~ ICFCTEDPR ~ International Capital Flows Continue To Elude Domestic Political Regulation

~ TS-MNBTP-II’-SB-P-I-C-A-U-U-C-O-IA-A-TS-OALT-DS-RAULITEOIC-IAATTATTI ~ The State – May Now Be The Primary – “Intermediate Institution” – Standing Between – Powerless – Insecure – Citizens – And – Unresponsive – Unaccountable – Corporations – Or – International Agencies – And – The State – Or At Least The – Democratic State – Retains A Unique Legitimacy In The Eyes Of Its Citizens – It Alone Answers To Them And They To It

~ F-R-CIR-O-RTDWTSPAEOOOAG-WFOR ~ Freedom – Rather – Consists In Retaining – Our – Right To Disagree With The State’s Purposes And Express Our Own Objections And Goals – Without Fear Of Retribution

~ PG-ITATRP-NTBPAPE ~ Public Goods – If They Are To Remain Public – Need To Be Provided At Public Expense

~ TFT-TROO-TAOT20C-AWTLCOAHRTDT-WTFGT-I/L/S/R-TWHIFTGAO20CR-IITTROTAOTWUIARA-1929-WATFBOATWSAIWU-TIMTD ~ The First Task – To Remind Ourselves Of – The Achievements Of The 20th Century – Along With The Likely Consequences Of A Heedless Rush To Dismantle Them – We Take For Granted The – Institutions / Legislation / Services / Rights – That We Have Inherited From The Great Age Of 20th Century Reform – It Is Time To Remind Ourselves That All Of These Were Utterly Inconceivable As Recently As – 1929 – We Are The Fortunate Beneficiaries Of A Transformation Whose Scale And Impact Was Unprecedented – There Is Much To Defend

~ WAIFWIO-I/U/I/I-WHJFHTTAT ~ We Are Intuitively Familiar With Issues Of – Injustice / Unfairness / Inequality / Immorality – We Have Just Forgotten How To Talk About Them

STEPHANIE KELTON ~ THE DEFICIT MYTHS THAT HAVE HOBBLED US ~ THE DEFICIT MYTH ~ 2020

MYTH #1:

~ TFGSBLAH ~ The Federal Government Should Budget Like A Household

REALITY:

~ DTOAH ~ Don’t Think Of A Household

~ UAH-TFGITCIS-ASPTMBEWGC-TSCROOP-TGITC-A-EE-H.PB/SALG/F-MUI ~ Unlike A Household – The Federal Government Issues The Currency It Spends – A Special Power That Must Be Exercised With Great Care – The Scorekeeper Can’t Run Out Of Points – The Government Issues The Currency – And – Everyone Else – Household / Private Business / State And Local Governments / Foreigners – Merely Uses It

MYTH #2

~ DAEOO ~ Deficits Are Evidence Of Overspending

REALITY

~ TOI ~ Think Of Inflation

~ FEOO-LT-I-ADIOEOOIISI ~ For Evidence Of Overspending – Look To – Inflation – A Deficit Is Only Evidence Of Overspending If It Sparks Inflation

MYTH #3

~ OWOA-WAOTH ~ One Way Or Another – We’re All On The Hook

REALITY

~ TND(TI) ~ The National Debt (That Isn’t)

~ TNDPNFBW ~ The National Debt Poses No Financial Burden Whatsoever

MYTH #4

~ GDCOPI-MUP ~ Government Deficits Crowd Out Private Investment – Making Us Poorer

REALITY

~ TRIIOBI ~ Their Red Ink Is Our Black Ink

~ FDIOWACS-GD=NS-TTITPTDFGTBOTS ~ Fiscal Deficits Increase Our Wealth And Collective Savings – Government Deficit = Nongovernment Surplus – The Trick Is To Prevent The Deficit From Getting Too Big Or Too Small

MYTH #5

~ TD-M-L ~ Trade Deficit – Means – Losing

REALITY

~ TS-I-‘S’-S ~ Trade Surplus – Is – “Stuff” – Surplus

~ TPISSWCA;ISWCANTA ~ Trade Peace Isn’t Simply Something We Can Achieve; It’s Something We Can’t Afford Not To Achieve

REALITY

MYTH #6

~ ‘E’-P-L-SSAM-A-FU-WCATAM ~ “Entitlement” – Programs – Like – Social Security And Medicare – Are – Financially Unsustainable – We Can’t Afford Them Any More

REALITY

~ YE! ~ You’re Entitled!

~ ALATFGCTMTP-ICAATSTP-EPWHMOUAOTOA-OSSNSOSBWOAAHTSTEAAW ~ As Long As The Federal Government Commits To Making The Payments – It Can Always Afford To Support These Programs – Entitlement Programs Will Help Most Of Us At One Time Or Another – Our Social Safety Nets Strengthen Our Social Bonds With One Another And Help To Support The Economy As A Whole

STEPHANIE KELTON ~ THE DEFICIT MYTH ~ 2020

~ HC-I-E-CC-B-HAYGTPFI? ~ Health Care – Infrastructure – Education – Climate Change – But – How Are You Going To Pay For It?

~ B-WIT-FB-W-FD-TY-HB? ~ But – What If The – Federal Budget – Was – Fundamentally Different – Than Your – Household Budget?

~ WICT-IOPW-B-WHFMOTWR-B-WDNTSTTMTHBHUB ~ When It Come To – Increasing Our Public Well-Being – We Have Far More Options Than We Realize – But – We Desperately Need To See Through The Myths That Have Been Holding Us Back

~ MMT ~ Modern Monetary Theory

~ B-TITTPFWTGSIPF ~ But – The Idea That Taxes Pay For What The Government Spends Is Pure Fantasy

~ JBTANFCOTFB-DMTARLTWTGC(AS)D-RB-TAOORPR-TSOT-A-TQAQO-L/W/F/M/OM-ITGTTSTMIAETARAFS-IWA ~ ~ Just Because There Are Not Financial Constraints On The Federal Budget – Doesn’t Mean There Aren’t Real Limits To What The Government Can (And Should) Do – Regulated By – The Availability Of Our Real Productive Resources – The State Of Technology – And – The Quantity And Quality Of – Land/Workers/Factories/Machines/Other Materials – If The Government Tries To Spend Too Much Into An Economy That’s Already Running At Full Speed – Inflation Will Accelerate

~ MMT-DTRLFDAUS-IC ~ MMT – Distinguishes The Real Limits From Delusional And Unnecessary Self-Imposed Constraints

~ SONSIAPD-O-TEROABSBTC-B-SSNBCB-ABT-O-ABATS-CSF ~ Spending Or Not Spending Is A Political Decision – Obviously – The Economic Ramifications Of Any Bill Should Be Thoroughly Considered – But – Spending Should Never Be Constrained By – Arbitrary Budget Targets – Or – A Blind Allegiance To So-Called Sound Finance

~ TMICOGSII ~ The Most Important Constraint On Government Spending Is Inflation

~ IOAOTMC-LSBFAWPSTBCOMTNOOEP-TMCABT-TQI-WWTMB? ~ Instead Of Arguing Over The Monetary Cost – Lawmakers Should Be Fighting About Whose Policies Stand The Best Chance Of Meeting The Needs Of Our Entire Population – The Money Can Always Be There – The Question Is – What Will That Money Buy?

~ TRCTWFHNTDWT-FD-O-E-P/I/I/VNRWGST1970/CC-TA-RC ~ The Real Crises That We’re Facing Have Nothing To Do With The – Federal Deficit – Or – Entitlements – Poverty / Infrastructure / Inequality / Virtually No Real Wage Growth Since The 1970s / Climate Change – These Are – Real Crises

~ WNTSTTMAROATWHTPAA ~ We Need To See Through The Myths And Remember Once Again That We’ve Had The Power All Along

~ UAH-TFGITCIS-ASPTMBEWGC ~ Unlike A Household – The Federal Government Issues The Currency It Spends – A Special Power That Must Be Exercised With Great Care

~ W-C-WLON-MS-FTPBD-T-CFUDJLAH ~ When – Countries – With Little Or No – Monetary Sovereignty – Fail To Prioritize Budget Discipline – They – Can Face Unsustainable Debts Just Like A Household

~ ATTDSBLUAT-TACI-B-TNRTATGMRTWIWTIIOE ~ Adding To The Deficit Shouldn’t Be Looked Upon As Taboo – Taxes Are Critically Important – But – There’s No Reason To Assume The Government Must Raise Taxes Whenever It Wants To Invest In Our Economy

~ DSITN ~ Deficit Spending Is The Norm

~ BTGC-S(D)-ADAFU-IMF-A(C)-T-SMCF-O-WWAHGTDTNTPTT? ~ Before The Government Could – Subtract (Debit) – Any Dollars Away From Us – It Must First – Add (Credit) – Them – Spending Must Come First – Otherwise – Where Would Anyone Have Gotten The Dollars They Needed To Pay The Tax?

~ T-ITT-CADFTGC-BACPTT-SHTDTWTETC-INO-TM-TGW-IO-T-T-PTFTS-TGATSDRATTD ~ Tax – Is There To – Create A Demand For The Government’s Currency – Before Anyone Can Pay The Tax – Someone Has To Do The Work To Earn The Currency – It’s Not Our – Tax Money – The Government Wants – It’s Our – Time – To – Produce Things For The State – The Government’s Ability To Spend Doesn’t Revolve Around The Taxpayer Dollar

~ ITCHB-T-DM-WEWTUTJWS? ~ If They Couldn’t Hide Behind – The – Deficit Myth – What Excuse Would They Use To Justify Withholding Support?

~ WTILONI-IUCAROWITBE ~ When There Is Little Or No Inflation – It’s Usually Considered A Reflection Of Weakness In The Broader Economy

~ MP-INAP-IINTIT-HLP-IWMBDCABID ~ Monetary Policy – Is Not A Panacea – It Is Not The Ideal Tool – Has Limited Potency – It Works Mainly By Driving Consumers And Businesses Into Debt

~ WMINWTGBIISOD-B-WTGIUIBTAGOFTROTE ~ What Matters Is Not Whether The Governments Budget Is In Surplus Or Deficit – But –Whether The Government Is Using Its Budget To Achieve Good Outcomes For The Rest Of The Economy

~ TTTOCW-B-I-T-BD-I-EI ~ The Threat To Our Common Well-Being – Isn’t – The – Budget Deficit – It’s – Excessive Inflation

~ AIC-MMT-IARA-A(R)C-WA-R(I)C ~ At It’s Core – MMT – Is About Replacing An – Artificial (Revenue) Constraint – With A – Real (Inflation) Constraint

~ OIAAOP-B-SIRTAWMCBDTETHCWRI ~ Overspending Is An Abuse Of Power – But – So Is Refusing To Act When More Can Be Done To Elevate The Human Condition Without Risking Inflation

~ WDNTFTD-WNTFOT-NJTPSCTPTSTOM-B-ATHAMEDATFROTWCAIWWSA-TDITRWCHNT-OBTI ~ We Don’t Need To Fix The Debt – We Need To Fix Our Thinking – Not Just To Prevent Senseless Cuts To Programs That Support Tens Of Millions – But – Also To Have A More Enlightened Debate About The Full Range Of Things We Could Accomplish If We Weren’t So Afraid – The Debt Isn’t The Reason We Can’t Have Nice Things – Our Broken Thinking Is

~ FEDTEIOPOTE-TIAEAOSISOP-TJNWAI-GD=NS-EDTGSHTGS-A-TIOOPTDG-TN-TTITPTDFGTBOTS ~ For Every Deficit That Exists In One Part Of The Economy – There Is An Equal And Opposite Surplus In Some Other Part – There’s Just No Way Around It – Government Deficit = Nongovernment Surplus – Ever Dollar The Government Spends Has To Go Somewhere – And – There Is Only One Place Those Dollars Can Go – The Nongovernment – The Trick Is To Prevent The Deficit From Getting Too Big Or Too Small

~ STM-O-TTL-CLTP ~ Spending Too Much – Or – Taxing Too Little – Can Lead To Problems

~ DCBTB-B-TCABTS ~ Deficits Can Be Too Big – But – They Can Also Be Too Small

~ ITGI-BSP-WNFDTCRME-FE-II-HC/E/P-B-W-BPS-A-WFDHL-AM-IF-TDAHIO-SBA-TGSBITE ~ If The Goal Is – Broadly Shared Prosperity – We Need Fiscal Deficits That Channel Resources More Equitably – For Example – Investing In – Health Care / Education / Public Infrastructure – Benefit – Workers – Better Public Services – And – When Fiscal Deficits Help Low- And Middle-Income Families – Those Dollars Aren’t Hoarded In Off-Shore Bank Accounts – They Get Spent Back Into The Economy

~ CWMSANATMOFM ~ Countries With Monetary Sovereignty Are Not At The Mercy Of Financial Markets

~ TSNPRBFDAIR ~ There’s Simply No Preordained Relationship Between Fiscal Deficits And Interest Rates

~ J-AAOP ~ Joblessness – Is An Official Policy

~ AFJG-N-P-B-IBTTTPOUD(AOTSTEOU)WA-JG-FT-INLATTFE-A-TWANLNTPU ~ A – Federal Job Guarantee – No – Panacea – But – It Begins To Tackle The Problem Of Unemployment Directly (As Opposed To Subsidizing The Effects Of Unemployment) – With A – Job Grantee – Free Trade – Is No Longer A Threat To Full Employment – And – Trade Wars Are No Longer Necessary To Prevent Unemployment

~ MCATWASIASWTCROTOC-IPTBAGEFAOTP ~ Many Countries Around The World Are Stuck In A Situation Where They Can’t Rely On Their Own Currency-Issuing Powers To Build A Good Economy For All Of Their People

~ F-WMDWOPA ~ First – We Must Decide What Our Priorities Are

~ WSSATQ-HWWPFI?-A-SA-HWWRI? ~ We Should Stop Asking The Question – How Will We Pay For It? – And – Start Asking – How Will We Resource It?

~ TDTM:GJ/S/H-C/E-I/C/D ~ The Deficits That Matter: Good Jobs / Savings / Health-Care / Education / Infrastructure / Climate / Democracy

~ AEFTP-IOE-IOMS-WCMIWFU ~ An Economy For The People – It’s Our Economy – It’s Our Monetary System – We Can Make It Work For Us

THOMAS HOMER DIXON ~ COMMANDING HOPE ~ 2020

~ TPWHTRAWIP ~ The Power We Have To Renew A World In Peril

~ A-‘S’-G-OT-CAS-T-ES-T-OAO-AT-CBAWC ~ A – “Superordinate” – Goal – One That’s – Clear And Specific – That – Everyone Shares – That – Overrides All Others – And That – Can’t Be Achieved Without Cooperation

~ WBT-1.5D-T-IN-I-IWBOOT-S-P-SF-PSHFP ~ Warming Beyond The – 1.5 Degree – Threshold – Is Now – Inevitable – It Will Be One Of The – Slow-Process – Structural Factors – Profoundly Shaping Humanity’s Future Possibilities

~ OC-CAFMDFSTO-B-ITDCWUCU-AOU-TWI-WEFO-BNC ~ Of Course – Conditions Are Far More Dire For Some Than Others – But – If The Dangerous Changes We’ve Unleashed Continue Unabated – All Of Us – The Wealthiest Included – Will Eventually Find Our – Basic Needs Compromised

~ IWGTPT-WN-PAG-TCTFA-IAC-VOTF-T-PE-CTTH-AICWEO-A-RA-AT-WWETTR ~ If We’re Going To Pull Together – We Need – Principles And Goals – That Combine To Form An – Inspiring And Coherent – Vision Of The Future – That – People Everywhere – Can Take To Heart – Affirm In Conversation With Each Other – And – Rally Around – And Then – Work With Excitement Together To Reach

~ RPTH ~ ~ The Path To Hope

~ HB-CCNAOT-SR-SB-BTTR-CTBAT-A-TACTOT ~ Human Beings – Can Create New Aspects Of Their – Social Reality – Simply By – Believing That They’re Real – Communicating Those Beliefs Among Themselves – And – Then Acting Concretely Together On Them

~ IOCADETDUTAMUS-TCATCOTSMR-HUT-VAOD-THAO-PAB-TC-A-EE-TTTPUAAMUD ~ Instead Of Creating A Digital Environment That Draws Us Together And Makes Us Smarter – The Companies At The Core Of The Social Media Revolution – Have Used The – Vast Amounts Of Data – They Harvest About Our – Preferences And Behaviors – To Create – An – Emotional Environment – That Tends To Pull Us Apart And Make Us Dumber

~ M-E-O-S-A-C-O-L-GMR-B-CA-AIE-O-C-CAE-S-A-ATETWBA-O-A-(S)A-SEMUFCI-EUTCIGOL-MFPP-A-DTTBDPTEFACOW-TAU-TA-S-EOFITF ~ More – Eyeballs – On – Sites – And – Clicks – On – Links – Generate More Revenue – By – Creating An – Addictive Information Environment – Of – Constant – Cognitive And Emotional – Stimulus – And – Among The Emotions That Work Best Are – Outrage – And – (Social) Anxiety – Such Emotions Make Us Feel Chronically Insecure – Encourage Us To Coalesce Into Groups Of The Like-Minded For Psychological Protection – And – Dissolve The Trust Between Divers Peoples That’s Essential For A Consensus On What’s – True And Untrue – They Also – Subtly – Erode Our Faith In The Future

~ MME-A-PC-A-T-C-WPITRD-CB-AEFFG ~ Modern Market Economies – Are – Prodigiously Creative – And – That – Creativity – When Pointed In The Right Direction – Can Be – An Extraordinary Force For Good

~ ‘MI’ ~ “Motivated Inference”

~ HIDEIN-A-S-IDOI ~ Humanity Is Deeply Enmeshed In Nature – And – So – Intimately Dependent On It

~ B-MOUSWOCW-EWAESINBU-B-IOOR-A-GOLM ~ But – Most Of Us Stick With Our Current Worldview – Even When Abundant Evidence Shows It’s Not Benefiting Us – Because – It Orders Our Reality – And – Gives Our Lives Meaning

~ IISITHOCBTCMAD ~ It’s So Important To Help Our Children Believe They Can Make A Difference

~ H-IIF-D-O-I-W-C-CTBD ~ Humanity – If In Fact – Doomed – Only – If – We – Collectively – Choose To Be Doomed

~ H-CAW-AIUP-UEOU-FABROC-TOOAFTPT-AMOAC-‘W’ ~ Humanity – Can’t And Won’t – Address Its Urgent Problems – Until Enough Of Us – From A Broad Range Of Cultures – Think Of Ourselves As Facing These Problems Together – As Members Of A Common – “We”

~ BO-CP-AN-GIBTCAS-WN-BCA-ATWS-TATS ~ Because Our – Critical Problems – Are Now – Global – In Both Their Causes And Scope – We Need – Broad Collective Action – Across The World’s Societies – To Address Them Successfully

~ ‘POC’-MB-OOO-B-LI ~ “Protect Our Children” – Must Be – One Of Our – Bottom-Line Injunctions

NICHOLAS CHRISTAKIS ~ BUBONIC PLAGUE ~ APOLLO’S ARROW ~ 2020

~ ETHKA-THM-P-OT-FH-Y-IHRWP-PI-TMP-T-S/F/N-C ~ Estimated To Have Killed Around – Two Hundred Million – People – Over The – Fourteen Hundred – Years – It Has Ravaged Worldwide Populations – Primarily In – Three Major Pandemics – The – Sixth / Fourteenth / Nineteenth – Centuries

~ TFOTP-KAT-POJ-SI-541-A-H-ESW-BIEI-755-IITTHOIA-TRISANWU ~ The First Of These Pandemics – Known As The – Plague Of Justinian – Started In – 541 – And – Had – Eighteen Successive Waves – Before It Ended In – 755 – It Is Thought To Have Originated In Africa – The Reasons It Stopped Are Not Well Understood

~ TSP-OOTMCPE-BI-CA-A-R-E-I-1347-IL-OAO-FN-FHY-TDIT-1830S-TFWOTSP-WLF-1347-1353-IWWTOAT-BD-ATTWNUATT-DTFW-DPTAC-A-S-AMA-HOTPOE-WWO ~ The Second Plague – One Of The Most Catastrophic Pandemics Ever – Began In – Central Asia – And – Reached – Europe – In – 1347 – It Lasted – On And Off – For Nearly – Five Hundred Years – Then Disappeared In The – 1830s – The First Wave Of The Second Plague – Which Lasted From – 1347 – 1353 – Is What We Think Of As The – Black Death – Although The Term Was Not Used At The Time – During This First Wave – Densely Packed Towns And Cities – And – Substantial Poverty – As Much As – Half Of The Population Of Europe – Was Wiped Out

~ F-I-1870-T-TO-LI-I-KAT-‘MP’-TECB-TAFM-D ~ Finally – In – 1870 – The – Third Occurrence – Largely In – India – Known As The – “Modern Plague” – The Epidemic Caused Between – Thirteen And Fifteen Million – Deaths

~ OOTCOPB-1900-2016-LAHAOETWA ~ Over One Thousand Case Of Plague Between – 1900 – 2016 – Largely Among Hunters And Others Exposed To Wild Animals

~ WDNRETOIAAPA;WJCIA-Y-I-A-ICBCIASFW-SOT ~ We Do Not Really Even Think Of It As A Plague Anymore; We Just Call It A – Yersinia – Infection – And – It Can Be Cured In A Straightforward Fashion With – Streptomycin Or Tetracycline

NICHOLAS CHRISTAKIS ~ APOLLO’S ARROW ~ 2020

~ SMPCASR-VFPHAET-B-TFTTANIPLMDNMTWCNT-TIR-WSPA ~ Since Major Pandemics Come Along So Rarely – Very Few People Have Actually Experienced Them – But – The Fact That They Are Not In People’s Living Memory Does Not Mean That We Can Neglect Them – They Inevitably Recur – We Should Pay Attention

~ TBITHSTFUWTHOS ~ The Beds In The Hospital Started To Fill Up With The Hospital’s Own Staff

~ AT-CPAOCT-PHM-S-BUPCSTD ~ Asymptomatic Transmission – Can Present An Obvious Challenge To – Public Health Management – Since – Blithely Unaware Patients Can Spread The Disease

~ EW-ASTBAR ~ Essential Workers – Always Seem To Be At Risk

~ E-DOA-CI-O-P/H/E ~ Epidemics – Depend On A – Complex Interaction – Of – Pathogen / Host / Environment

~ P-AAFOT-HE-WHI-2020-WNNTOS-IWJ-NT-U ~ Plagues – Are A Feature Of The – Human Experience – What Happened In – 2020 – Was Not New To Our Species – It Was Just – New To – Us

~ MM-WNT-PF-TCIDTGA-TAC-W-SI-A-TIO-PHM ~ Modern Medicine – Was Not The – Primary Force – That Caused Infectious Diseases To Go Away – The Actual Cause – Was – Socioeconomic Improvements – And – The Implementation Of – Public Health Measures

~ TBC-WNT-D-O-P-N-S ~ To Be Clear – We Need To – Distance – Ourselves – Physically – Not – Socially

~ IAC-A-ANME-A-TWBIUIC ~ Individual And Collective – Approaches – Are Not Mutually Exclusive – And – They Work Best If Used In Combination

~ ASESSAH-CS-FTC-ATSTW-A-AESOE-A-OH-CP ~ A Serious Epidemic Severally Strains Any Health-Care System – Flattening The Curve – Allows The System To Work – And – Avoids Exhausting Supplies Of Equipment – And – Overwhelming Health-Care Personnel

~ BT-AAUTGTPHSR;WCDT-A-PFCT-A-LMATVIOL ~ Buying Time – Also Allows Us To Get The Public Health System Ready; We Can Develop Tests – And – Procedures For Contact Tracing – And – Learn More About The Virus In Our Laboratories

~ WW-FTC-WAFSOTIITFTAPW-SBVOTPOT-A-V-EM-BCFPSFTD-MALLVOTD ~ When We – Flatten The Curve – We Also Push Some Of The Infections Into The Future To A Point When – Simply By Virtue Of The Passage Of Time – A – Vaccine – Effective Medicines – Better Care For People Suffering From The Disease – Milder And Less Lethal Versions Of The Disease

~ FTC-M-STSOTV-N-EI ~ Flattening The Curve – Means – Slowing The Spread Of The Virus – Not – Eradicating It

~ BTT-PSTD-ITLTGTFBOTME-I-ATDSH ~ By The Time – People Start To Die – It’s Too Late To Gain The Full Benefit Of The More Effective – Interventions – Although They Do Still Help

~ TPOPWNTBIFASTH-HI-DOHITDI-TLITD-TFINTBI ~ The Proportion Of People Who Need To Be Immune For A Society To Have – Herd Immunity – Depends On How Infectious The Disease Is – The Less Infectious The Disease – The Fewer Individuals Need To Be Immune

~ OOTMIAARTAEIT-CB ~ One Of The Most Intuitive And Ancient Responses To An Epidemic Is To – Close Borders

~ CT-PAIRIT-EO-S ~ Contact Tracing – Played An Important Role In The – Eradication Of – Smallpox

~ IWMOCTDP-A-TTC-WTAOAF-TSCBTOTMCTF ~ If We Miss Our Chance To Detect Patients – And – Trace Their Contacts – When There Are Only A Few – The System Can Become Too Overwhelmed To Make Contact Tracing Feasible

~ T-OGHIHW-T-T-I-SOS-I ~ Tracing – Often Goes Hand In Hand With – Testing – To – Identify – Sick Or Susceptible – Individuals

~ T-OIODLTHCAV-ITUOWAHTV-NWIHS ~ Testing – On Its Own Does Little To Help Control A Virus – It Tells Us Only Who Already Has The Virus – Not Where It Has Spread

~ IOWYC-T-T-A-I-TYC-BTCOT-A-BAVUC ~ It’s Only When You Can – Test – Trace – And – Isolate – That You Can – Break The Chains Of Transmission – And – Bring A Virus Under Control

~ PAATOL-NJO-L-B-O-R-C-L-A-ME ~ Plagues Are A Time Of Loss – Not Just Of – Lives – But – Of – Routines – Connections – Liberty – And – Much Else

~ B – DEASPEOA-POE-N-LTBEV-G/A/F/D/D-A-E-A-ANU-ER-TTPACLIASOOID ~ But Deadly Epidemics Always Spawn Parallel Epidemics Of A – Psychological Or Existential – Nature – Leas Tangible But Equally Virulent – Grief / Anger / Fear / Denial / Despair – And – Even – Anomie – Are Not Unexpected – Emotional Reactions – To The Personal And Collective Loss In A Serious Outbreak Of Infectious Disease

~ PHATTBOFTD ~ People Have A Tendency To Blame Others For The Disease

~ AICF-PHA-A-LDAP-IT-AWNEAFOP-A-THPERTTICW ~ An Important Challenge For – Public Health Authorities – And – Leaders During A Pandemic – Is To – Acknowledge Widespread Negative Emotions And Feelings Of Powerlessness – And – To Help People Effectively Respond To Them In Constructive Ways

~ FBOBECECPTSTTTHCTD ~ Fear Brought On By Epidemics Can Even Cause People To Shun Those Trying To Help Control The Disease

~ A-F-TRI-SOS-OT-IATTPWPCTIUI-CAWTIOTE ~ And – Fear – That Results In – Stigmatization Or Scapegoating – Or That – Increases Anxiety To The Point Where People Cannot Take In Useful Information – Can Also Worsen The Impact Of The Epidemic

~ FOD-HI-OE-I-OSD ~ Fear Of Disease – Has Its – Own Epidemiology – Its – Own Spreading Dynamics

~ ROTFOIAOJOTGTTRPOFC-B-TSFRIHETIHTGTEAC ~ Restrictions On The Flow Of Information Are Often Justified On The Grounds That They Reduce Panic Or Foster Consistency – But – They So Frequently Result In Harmful Effects That It’s Hard To Give Those Explanations Any Credence

~ LT-V-M-CHU ~ Like The – Virus – Misinformation – Can Harm Us

~ S-A-DDFPAC-HAADTOP ~ Superstitions – And – Desperate Desires For Preventatives And Cures – Have Always Arisen During Times Of Plague

~ TEOEAOMIIWWWTUEOTPI ~ The Epidemics Of – Emotions And Of Misinformation – Intersect In Worrisome Ways – With – The Underlying Epidemic Of The Pathogen Itself

~ TITBOFCIOFBIIP ~ The Impulse To Blame Others For Causing Infections Or For Being Infected Is Powerful

~ ITPDND-WSW? ~ If The Pathogen Does Not Discriminate – Why Should We?

~ B-IR-PM-HAH-I ~ But – In Reality – Pandemics Mostly – Heighten And Highlight – Inequality

~ PAAATWMOAG-WTIDBABO-CI-AA-O-SP ~ Pathogens Almost Always Affect The Weaker Members Of Any Group – Whether This Is Defined By A Burden Of – Chronic Illness – Advanced Age – Or – Substantial Poverty

~ IATOP-SDL-AAHS-A-UH ~ In A Time Of Plague – Social Distinctions Like – Age And Health Status – Are – Unavoidably Highlighted

~ M-LIJ-CBDR-H-A-SMOTP-L-AHI-SWCNEA-HC-O-E-SD-WTBI ~ Most – Low Income Jobs – Cannot Be Done Remotely – However – And – Since Many Of These Positions – Lack – Adequate Health Insurance – Such Workers Could Not Easily Access – Health Care – Or – Even – Sick Days – When They Became Ill

~ IEFEWWHAVIOM ~ It’s Expensive For Everyone When We Have A Virus In Our Midst

~ F-TWHSFBSSOOVDDTTV ~ Fortunately – The World Has So Far Been Spared Serious Outbreaks Of Violence Directly Due To The Virus

~ OATSDTEITTOP-PTMMI-TDBTWKSWHD-A-TWDN-B-AMPD-A-AMOUCTKSWHD-TEWSMR ~ Of All The Societal Divisions That Emerge In The Time Of Plague – Perhaps The Most Meaningful Is – The Divide Between Those Who Know Someone Who Has Died – And – Those Who Do Not – But – As More People Die – And – As More Of Us Come To Know Someone Who Has Died – The Epidemic Will Seem More Real

~ B-‘R’-P-T-AWT-TR-A-CTS ~ But – “Regular” – People – Too – Are Willing To – Take Risks – And – Contribute To Society

~ LAC-CMSMB ~ Love And Connection – Can Make Suffering More Bearable

~ HAMACOTTOS-I ~ Humans Are Moral Actors Capable Of Transcending Their Own Self-Interest

~ AISO-SI-IVCA-TEC-A-TISAPSO-CB-A-GW ~ An Increased Sense Of – Shared Identity – Is Very Common Among – Those Experiencing Catastrophes – And – This Is A Powerful Source Of – Cooperative Behavior – And – Good Will

~ B-S-PASDTASNR ~ But –Sometimes – Plagues Are So Devastating That A Society Never Recovers

~ S-WWR-HI-O-TPWETB-LL-O-AAVLT-HWETB-R ~ So – We Will Reach – Herd Immunity – Or – The Pathogen Will Evolve To Be – Less Lethal – Or – After A Very Long Time – Humans Will Evolve To Be – Resistant

~ RPR ~ Respiratory Pandemics Recur

~ PAE ~ Plagues Always End

BARBARA EHRENREICH ~ BRIGHT-SIDED ~ 2009

~ P-INSMOCOOMAIIPOOI-TWWETWATWOTFWI ~ Positivity – Is Not So Much Our Condition Or Our Mood As It Is Part Of Our Ideology – The Way We Explain The World And Think We Ought To Function Within It

~ H-IAE-AY-TEOWINEWOC-O-IA-CS-ACE-WPACDTP ~ Hope – Is An Emotion – A Yearning – The Experience Of Which Is Not Entirely Within Our Control – Optimism – Is A – Cognitive Stance – A Conscious Expectation – Which Presumably Anyone Can Develop Through Practice

~ ITRETMPWOT-O-I-H-PE-C-A-R-MIEFUTAOG-AFLRTARR-TITOTCISMW-DATPW-NT-SP-NO-W-PT-RTITFO-H-P-A-S-FBRAMR-T-TEO-PT-ISTBWWOTAA ~ In The Rational Explanation That Many Psychologists Would Offer Today – Optimism – Improves – Health – Personal Efficacy – Confidence – And – Resilience – Making It Easier For Us To Accomplish Our Goals – A Far Less Rational Theory Also Runs Rampant – The Idea That Our Thoughts Can In Some Mysterious Way – Directly Affect The Physical World – Negative Thoughts – Somehow Produce – Negative Outcomes – While – Positive Thoughts – Realize Themselves In The Form Of – Health – Prosperity – And – Success – For Both Rational And Mystical Reasons – Then – The Effort Of – Positive Thinking – Is Said To Be Well Worth Our Time And Attention

~ ITG-‘PT’-IC-A-TARGB-ITAOTUTTHAA-TWBWTMEOPT?-O-B-WDFBTTWGBOTO ~ If The Generic – “Positive Thought” – Is Correct – And – Things Are Really Getting Better – If The Arc Of The Universe Tends Toward Happiness And Abundance – Then Why Bother With The Mental Effort Of Positive Thinking? – Obviously – Because – We Don’t Fully Believe That Things Will Get Better On Their Own

~ WWTPIAOBSATAOR-A-WBWADLODAETPD-WAGTCTTWAOETET? ~ What Was The Point In Agonizing Over Balance Sheets And Tedious Analyses Of Risks – And – Why Bother Worrying About Dizzying Levels Of Debt And Exposure To Potential Defaults – When All Good Things Come To Those Who Are Optimistic Enough To Expect Them?

~ TD-H-DNSFR ~ The Dogma – However – Did Not Survive Further Research

~ TFT-TP-CWOACPLASD ~ The Failure To – Think Positively – Can Weigh On A Cancer Patient Like A Second Disease

~ IYA-‘N’-PWBMITLY-TIYAC-G/C/OOS ~ If You Are – “Nice” – People Will Be More Inclined To Like You – Than If You Are Chronically – Grumpy / Critical / Out Of Sorts

~ B-ITWO-PT-OP-ANT-TBN-O-TPURC-TAT-OT-N/P/A ~ But – In The World Of – Positive Thinking – Other People – Are Not There – To Be Nurtured – Or – To Provide Unwelcome Reality Checks – They Are There – Only To – Nourish / Praise / Affirm

~ WTGA-D-‘N’-P-TAAIAW:SABA-GWTF-O-PTBO-OC-I-T-POM-WT-‘I’-OWNHTENPFOLE-OC-FE-S-CTITBIAPW ~ When The Gurus Advise – Dropping – “Negative” – People – They Are Also Issuing A Warning: Smile And Be Agreeable – Go With The Flow – Or – Prepare To Be Ostracized – Of Course – If – The – Powers Of Mind – Were Truly – “Infinite” – One Would Not Have To Eliminate Negative People From One’s Life Either – One Could – For Example – Simply – Choose To Interpret Their Behavior In A Positive Way

~ TFTVSTL-EAP-CALB-WAP-DNMTTAFTDA-O-OC-T-W-C-MIWAP-N-DT-UP-MT-‘TMISTVTTIBP’-OT-TALTWWCEFOA-A-Q-LP ~ The Fact That Very Small Things Like – Electrons And Photons – Can Act Like Both – Waves And Particles – Does Not Mean That They Are Free To Do Anything – Or – Of Course – That – We – Can – Morph Into Waves And Particles – Nor – Does The – Uncertainty Principle – Mean That – “The Mind Is Shaping The Very Thing That Is Being Perceived” – Only That There Are Limits To What We Can Ever Find Out About – A – Quantum-Level Particle

~ ‘YMIDWFY’ ~ “You Mean It Doesn’t Work For You”

~ TSDSAS;IREO-O-TCBSWARBO-B-IAWW-‘E-YDIT-IT’-WKOCBPCTB? ~ There’s Something Deeply Sociable About Science; It Rests Entirely On – Observations – That Can Be Shared With And Repeated By Others – But – In A World Where – “Everything – You Decide Is True – Is True” – What Kind Of Connection Between People Can There Be?

~ TT-PT-ERS-A-OILMBSTRM ~ To The – Positive Thinker – Emotions Remain Suspect – And – One’s Inner Life Must Be Subjected To Relentless Monitoring

~ WSSMTWOO-W-TISMRWTBD? ~ Why Spend So Much Time Working On Oneself – When – There Is So Much Real Work To Be Done?

~ T-O-S-CEO-HRFWTROTC-MEAOTBBATTT;T-NO-WLTHBHFH-CSITBW-EIIWDFTULOB ~ The – Old-Style – CEO – Had Risen From Within The Ranks Of The Company – Mastering Every Aspect Of The Business Before Ascending To The Top; The – New One – Was Likely To Have Been Hired For His – Celebrity Status In The Business World – Even If It Was Derived From Totally Unrelated Lines Of Businesses

~ YCJA-SM-WTCAASNOTBAMHCP-B-TEMTAL-FN-YCOCY-POR-F-NAB-T-PAA-TWTCWGGTIL-OEATOS-PT ~ You Could Join A – Social Movement – Working To Create An Adequate Safety Net Or To Bring About More Humane Corporate Polices – But – Those Efforts Might Take A Lifetime – For Now – You Can Only Change Your – Perception Of Reality – From – Negative And Bitter – To – Positive And Accepting – This Was The Corporate World’s Great Gift To Its Laid-Off Employees And The Overworked Survivors – Positive Thinking

~ B-TMPTFMT-SOD-W-‘TB’-AESMTIHSA-‘T-BI’-OTMI-JALWMAMOTTC-EWUTFCAASOCPATMOT-‘T’- ~ But – The Most Popular Technique For Motivating The – Survivors Of Downsizing – Was – “Team Building” – An Effort So Massive That It Has Spawned A – “Team-Building Industry” – Overlapping The Motivation Industry – Just As Layoffs Were Making A Mockery Of The Team Concept – Employees Were Urged To Find Camaraderie And A Sense Of Collective Purpose At The Microlevel Of The – “Team”

~ PT-P-A-SOC-IAWW-T-‘C’-WAM-TMHH-LALPTCTOF-B-THBGA-W-A-BS-AA-R-TCTWIF-IP-IOTC-MTOM ~ Positive Thinking – Promised – A – Sense Of Control – In A World Where – The – “Cheese” – Was Always Moving – They May Have Had – Less And Less Power To Chart Their Own Futures – But – They Had Been Given A – Worldview – A – Belief System – Almost A – Religion – That Claimed They Were In Fact – Infinitely Powerful – If Only They Could – Master Their Own Minds

~ FM-ITM-SM-ETMOIMB-A-YWBLM ~ Follow Me – Is The Message – Send Money – Employ The Methods Outlined In My Books – And – You Will Become Like Me

~ E-TSM-YCHATSITM-I-O-YBTYC-B-A-IAHU-TIT-DM-TIYDHATYW-IYF:S/D/D-YHOYTB ~ Everywhere – The Same Message – You Can Have All That Stuff In The Mall – If – Only – You Believe That You Can – But – Always – In A Hissed Undertone – There Is The – Darker Message – That If You Don’t Have All That You Want – If You Feel: Sick / Discouraged / Defeated – You Have Only Yourself To Blame

~ TA-‘IAE’-HOCBUAAEPR ~ This Argument – “Impractical And Expensive” – Has Of Course Been Used Against Almost Every Progressive Reform

~ HS-ITFO-MT-DO-OATLIG-B-TIOM-GC-CSO-RACS-MUHTCTCOBTBOBN ~ Human Survival – In The Face Of – Multiple Threats – Depended On – Our Ability To Live In Groups – But – The Imperative Of Maintaining – Group Cohesion – Can Sometimes Override – Realism And Common Sense – Making Us Hesitate To Challenge The Consensus Or Be The Bearer Of Bad News

~ PT-DNATNF-CV-IOTTVI ~ Positive Thinking – Did Not Abolish The Need For – Constant Vigilance – It Only Turned That Vigilance Inward

~ S-WNTHOFANT-A-AAT-WNTBATTWOO-EWTI-ABN-A-ETVO-‘N’P ~ Sometimes – We Need To Heed Our Fears And Negative Thoughts – And – At All Times – We Need To Be Alert To The World Outside Ourselves – Even When That Includes – Absorbing Bad News – And – Entertaining The Views Of – “Negative” People

~ A-VR-DNFTPOH-IF-IMIP-HCWET-IOS-WA-TACWFOI? ~ A – Vigilant Realism – Does Not Foreclose The Pursuit Of Happiness – In Fact – It Makes It Possible – How Can We Expect To – Improve Our Situation – Without Addressing – The Actual Circumstances We Find Ourselves In?