Manic of a panic is geopolitical

[retina]

Originally Posted by kladner

I suspect that may have been a bit of hyperbole. Stiglitz does have credentials, and he is, at least, people-centered. He intended to shock with the metaphor.

It's disrespectful to the third world countries to say that USA is also one.

[kladner]

Originally Posted by retina

It's disrespectful to the third world countries to say that USA is also one.

NOW you're Talking!

[LaurV]

Originally Posted by retina

I think that the "top economist" has not been to a third world country. Third world countries are coping much better.

+1.

[kriesel]

Here's a map of case count variation by zip code within a Pennsylvania county. https://patch.com/pennsylvania/abing...onavirus-cases

[kriesel]

Originally Posted by kladner

I suspect that may have been a bit of hyperbole. Stiglitz does have credentials

Credentials may correlate with competence in the specific area(s) to which the credentials relate. Those areas can be very narrow specialties. The correlation between holding credentials pertaining to a specific area of expertise, and the person's effectiveness in an unrelated area is much weaker. I have had credentials issued by a renowned university, and a government body, but that does not mean you want me as your surgeon, dentist, hair stylist, plumber, electrician, landscaper, pilot, etc. The correlation between people holding credentials and knowing and acknowledging the limits of their knowledge outside those credentialed areas is not so strong as one might hope. Expertise in a credentialed area can be a small island in an ocean of Dunning-Kruger effect. https://en.wikipedia.org/wiki/Dunnin...3Kruger_effect

[Uncwilly]

Originally Posted by kriesel

Expertise in a credentialed area can be a small island in an ocean of Dunning-Kruger effect. https://en.wikipedia.org/wiki/Dunnin...3Kruger_effect

.

[Dr Sardonicus]

Originally Posted by Uncwilly

Attached thumbnail.

Rather more stylish than Kool-Aid.



I guess Il Duce has been taking mighty swigs, even though he doesn't drink. He also seems to have known that hydroxychloroquine was an effective symptomatic treatment for COVID-19, but now maybe not so much.

That attachment looks like a magazine ad. Hmm, that guy furthest in the background is in the foyer, being greeted by the hostess, and has just taken off his hat. Wow, that's got to be an old ad.

I can make out the "Early Times" brand on both the neck and main labels. BTW, you've got the Brown-Forman Corporation on Line Two.

[kriesel]

CDC on superspreading events and the increased hazard level of indoor time https://wwwnc.cdc.gov/eid/article/26/6/20-0495_article
"In a study of 110 case-patients from 11 clusters in Japan, all clusters were associated with closed environments, including fitness centers, shared eating environments, and hospitals, the odds for transmission from a primary case-patient were 18.7 times higher than in open-air environments (H. Nishiura et al., unpub. data)" https://www.medrxiv.org/content/10.1....28.20029272v2

[ewmayer]

Originally Posted by kladner

https://www.theguardian.com/business...z-donald-trump
"Joseph Stiglitz attacks Donald Trump, saying US on course for second Great Depression"

Stiglitz of course omits the complicity of the economics profession and most of its leading 'lights' in the 40-plus-year neoliberal economic elite looting program which effectively turned the US into the worst of both worlds - a 3rd-world country as far as wealth disparities are concerned, and further one with a woefully inadequate social safety net, such as that possessed by many "banana republics". Stiglitz sounds like a typical liberal-elite victim of Trump Derangement Syndrome, mistaking a symptom of the above problems - the rise of populist demagogues like Trump - for the cause.

Now, admittedly, Stiglitz's long record as an anti-monoplist, anti-austerity critic and critic of IMF-style "shock doctrine" policies which have wrecked what modest economic progress and social safety nets many 3rd-world nations have had - note said wrecking is of the "feature, not bug" variety - has more credibility on such issues than most of his colleagues, but as a top advisor to the neoliberal, deregulation-and-globalization-fetishizing Clinton administration, he was complicit to no small degree, in the classic "so when you actually had the power to do something, what did you do with it?" sense.

[kriesel]

UN warns hundreds of thousands of children could die this year from the economic downturn created by the worldwide Covid19 response https://www.reuters.com/article/us-h...-idUSKBN21Y2X7

[kriesel]

Articles like this one are casting serious doubt on recent low Chinese Covid19 case claims. https://www.globaltimes.cn/content/1186395.shtml