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Creative Ideas That May Contribute The Success of Obama’s central planning
Creative Ideas That May Contribute The Success of Obama’s central planning Economic Plan and Plan B:
First of all, Economy subject is not a pure science, in which you cannot duplicate its theory e.g. J.M. Keyence’s central government planning intervention or Adam Smith or Milton Friedman’s deregulated free market "conjecture" in experiment in Laboratory setting. Just like Philosophy is not a science too. If you believe Adam Smith’s free market can work well in any capitalistic society, you are dead wrong! Just like Ludwig Wittergenstein once innocently thought that he found the philosophy of "unified-field theory" and claimed, he solved the entire problem in philosophy. He was dead wrong. Alan Greenspan’s free-market with it’s invisible hand can regulate itself. He admitted, he was dead wrong too!
His long time critics, NYTIME Columnist and 2008 Nobel Prize winner in Economics, Paul Krugman rights this time! He had given lot warnings to this market and the deregulated economists, and bureaucratic like Mr. Alan Greenspan.
Now, most common people can know that tsunami recession is battering in America and the world! Again, Paul Krugman urged that big Government intervention is must in this extraordinary time! He stressed that more capital to bail out is better then less. Forget the federal deficit figure! Prudent is risk!
I totally agree with Paul Krugman, Government intervention or vast bail out is a must! And I coined the term for this kind government intervention in US as "Central Planning Capitalism"! History cannot repeat and 1930 depression is not like this one. FDR’S New deal, cannot match to-days economic situation! "Central Planning Capitalism" is an agreeable term. The terms means that under the Capitalistic society, in certain abnormal situation, the central or federal government in order to enhance the trade, liquidity, job security, human health etc. Government can regulate the market with central planning until it become normal again!
Debate with the sudden-and- belated-deficit-conscience-aware GOP and Democratic Congressmen in the Tsunami economy time, will waste our time. We are still a country with Capitalism. However, it is possible in the extraordinary time, the Government execute the central planning intervention. Just like the Hong Kong Government executed it in 1998 and save HK economy successfully in a certain of time.
For most supporting Governmental regulated Economists: ignore the deficit, huge government bail out, lower interest rate and create jobs are their main measures to counter this tsunami recession! Other suggests that we can use the 1990 Sweden model or the learning of the horrible experience of 1980 Japanese meltdown to save to-day’s economy! Yes! THOUGH HISTORY CANNOT REPEAT, WE CAN LEARN FORM IT.
The all time greatest golfer, Tiger Wood said, "There is no one way to play this game!" Same! There is no one economic theory or hypothesis can dictate the "free- market" in capitalistic country! The simple truth is that there is no only one way to save this market or recession. Expect Paul Krugman’s big, quick bail out, ignore huge deficit…etc. We need some creative ideas.
Here are some:
1. Save the foreclosure first. No need to ask FDIC chief Sheila Blair and Harvard Law Prof. Elizabeth Warren, the most advocates for saving foreclosure. President Obama needs to strike the "root" of tsunami economy, Mortgages and foreclosures.
2. Universal health policy must be implemented. Let the main street Americans have a home to live well and health taken care. Then they shall fight for America in this recession time.
3. Special visa issued for foreigner, who can invest in the house market. For example, any one can afford to invest at least US$300,000, with a pass in security check; he or she can get a special visa to visit US multiple times within 5 yrs. After five year if she or he passes the security, they got the Green Card. If investors do not want the green card, they can still use the special visa another five year and keep the Green Card status, until they sell the house.
4. Share one job, one salary plus one unit of unemployment benefit with two people. For example, Company A has 100 people to work, in recession, Co A can use 50 people salary plus 50 unemployment benefits (provided by the federal Government) to share with its 100 employee. Co A needs not to fire 50 people, keep 100 people with 50-unit salary and 50-unit government-provided unemployment benefit. For further to save logistic resources, 100 people can rotate 50 to work and 50 to rest.
5. Low wage mentality. In depression time, worker needs to accept lower wage job. President Obama should give the incentives to the company that call back their out sourcing job in India or elsewhere to US.
6. Expend the tourist industry (a must!). Except the infrastructure, mining, construction, manufacturing, education and health services, transportation services and alternative fuel stimulus plan. Tourist industry need to be expended. More Tourists mean to stimulate the consumption and spend more in America by foreign visitor.
7. Need to keep excellent relationship with the emerging economy countries, e.g., BRIC and the traditional allies, Canada, England, Australia, Israel etc, and explore the business opportunity in South America and Arabic countries. Good diplomatic relation bring good business opportunities.
8. Plan B needed. There is no guarantee Obama ‘s economic stimulus plan will get succeeded. According to Romer and Bernstein’s Jan. 10, 2009 report. The Obama plan would have the maximum impact in the fourth quarter of 2010. After 2010, the effect of the economic plan would rapidly fade away (Jan 12, 09. NYT,Paul Prugman’s quotation). Whether its forecast is true or not. The Obama plan can help to buy time! Time is factor here. Obama needs use this an-near -trillion- dollar-bought-precious- time to make a PLAN B or before do anything to have a Plan B.
Prudent is risk, waiting is danger. We needs instant influx capital investment, special visa to Green Card route is the one way to attract foreigner to invest US’s slum house market. Sharing one job method can keep more people in employment and pay check while they are waiting the new job created. Lower wage mentality, means we still have job. Expand tourist industry, means increase capital. To save foreclosure and implement universal health means to give hope of the American Dream.
Plan B means precaution.
God bless America!
Sallie Krawcheck and Bob Kulhan will be talking money, jobs, and how the pandemic will disproportionally affect women's finances.
How can we promote the creation of new neurons - and why is it so important?
- Neurogenesis, the birth of neurons from stem cells, happens mostly before we are born - as we are formed in the womb, we are generating most of what we need after birth.
- After birth, neurogenesis is still possible in two parts of the brain: the olfactory bulb (which is responsible for our sense of smell) and the hippocampus (which is responsible for memory, spatial navigation, and emotional processing).
- Research from the 1960s proves creating new neurons as adults is possible, and modern-day research explains how (and why) we should promote new neuron growth.
Two parts of the brain can continue growing through neurogenesis<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMjkyMzk2NS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYwOTAwODc1MH0.4GDLlZmkwuD0-pJ0s0UWcUoYXMy95a-AM61a_QAlAeA/img.jpg?width=980" id="2e77e" class="rm-shortcode" data-rm-shortcode-id="4e23499fdf3b2185533979083fd02db7" data-rm-shortcode-name="rebelmouse-image" alt="brain made of twigs and plants concept of neurogenesis" />
Neurogenesis is still possible well into adulthood in two very important parts of the human brain.
Image by EtiAmmos on Shutterstock<p>Although most people are aware that aging or bad habits such as heavy alcohol use can contribute to the deterioration of our brains, not many of us give thought to how we can generate new brain cells.</p><p>Neurogenesis, the birth of neurons from stem cells, happens mostly before we are born - as we are formed in the womb, we are generating most of what we need after birth. </p><p><strong>After birth, however, neurogenesis is still possible in two parts of the brain:</strong></p><ul><li>The olfactory bulb, which is a structure of the forebrain that's responsible for our sense of smell. </li><li>The hippocampus, which is a structure of the brain located within the temporal lobe (just above your ears) - this area is important for learning, memory, regulation, of emotions and spatial navigation. </li></ul><p>Of course, when this information first came to light <a href="https://www.ncbi.nlm.nih.gov/pubmed/13860748" target="_blank">back in the 1960s</a>, the next natural question was: How do we promote neurogenesis in those areas where it's still possible? </p><p>Researchers today believe there are activities you can do (some of them may be things you already do on a daily basis) that can promote neurogenesis in your brain. </p><p><strong>Why is it important to promote the growth of new neurons in adulthood?</strong></p><p>We produce an estimated 700 million neurons per day in the hippocampus - this means by the time we reach the age of 50, we will have exchanged the neurons we were born within that area of the brain with new (adult-generated) neurons. </p><p>If we don't promote this exchange with the growth of new neurons, we may block certain abilities these new neurons help us with (such as keeping our memory sharp, for example). </p>
4 ways to promote neurogenesis in your brain<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMjkyMzk2Ni9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYyNTE3NjczNH0.qyzh_AIUPKfaQIa1QEq4yTNCAAK9nYkH3HFV9vWXwww/img.jpg?width=1245&coordinates=0%2C0%2C0%2C104&height=700" id="64a68" class="rm-shortcode" data-rm-shortcode-id="ee1307fe2dd61ae425552da56db3c5ff" data-rm-shortcode-name="rebelmouse-image" alt="child playing trumpet concept of learning a new instrument neurogenesis" />
Learning a new instrument helps promote neurogenesis.
Photo by DenisProduction.com on Shutterstock<p><strong>Intermittent fasting</strong></p><p><a href="https://law.stanford.edu/2015/01/09/lawandbiosciences-2015-01-09-intermittent-fasting-try-this-at-home-for-brain-health/" target="_blank">A 2015 Stanford study</a> examined the link between <a href="https://www.healthline.com/nutrition/6-ways-to-do-intermittent-fasting#section1" target="_blank">intermittent fasting</a> and neurogenesis. Calorie restriction and fasting can not only increase synaptic plasticity and promote neuron growth but it can also decrease your risk of developing neurodegenerative diseases and boost cognitive function. </p><p><u>Two of the most common ways you can intermittently fast are: </u></p><ul><li>16 hours per day every day - this is a method where you are able to eat for an 8 hour period of the day and fast for 16 hours of the day. Many people begin their "fast" after dinner, pushing their morning meal far enough towards lunch that most of their "off" eating time happens while they are asleep anyways. </li></ul><ul><li>24 hours every week - this is a method where once a week you fast for an entire day. Some people prefer this method because the rest of the week can resume as normal - but for many, this is a difficult way to fast. </li></ul><p><strong>Traveling to new places</strong></p><p>While traveling is something many of us enjoy — scenic routes and new fun experiences — these things also promote neurogenesis while we're on vacation. <a href="https://www.chicagotribune.com/travel/ct-xpm-2014-01-28-sc-trav-0128-travel-mechanic-20140128-story.html" target="_blank">Paul Nussbaum</a>, a clinical neuropsychologist at the University of Pittsburgh, explains that the mental benefits of traveling are very clear.<br></p><p><em>"When you expose your brain to an environment that's novel and complex or new and difficult, the brain literally reacts. Those new and challenging situations cause the brain to sprout dendrites (dangling extensions) which grow the brain's capacity." </em></p><p><strong>Learning a new instrument</strong></p><p>The mental health benefits of music have long been studied, but did you know that learning a new instrument can promote new neuron growth? </p><p>According to <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2996135/" target="_blank">this 2010 study</a>, learning to play a new musical instrument is an intense, multisensory motor experience that requires that acquisition and maintenance of skills over your entire lifetime - which of course, promotes the new formation of new neural networks. </p><p>When is the best time to begin learning a new instrument? Childhood, of course. </p><p><em>"Learning to play a new musical instrument in childhood can result in long-lasting changes in brain organization," </em>according to the study mentioned above. </p><p>While learning an instrument in adulthood will also promote neurogenesis, children who began training with a musical instrument before the age of 7 have shown that they have a significantly larger corpus callosum (the area of the brain the allows communication between the two hemispheres of the brain) than many adults. </p><p><strong>Reading novels</strong></p><p>A study from <a href="http://esciencecommons.blogspot.com/2013/12/a-novel-look-at-how-stories-may-change.html" target="_blank">Emory University</a> showed there was an increase in ongoing connectivity in the brains of participants after reading the same (fiction) novel. </p><p>In this study, enhanced brain activity was observed in the region that control physical sensations and movement. Reading a novel, according to lead researcher Gregory Berns, can transport you into the body of the protagonist. </p><p>This ability to shift into another mental state is a vital skill that promotes healthy neurogenesis in those areas of the brain. </p>
The coronavirus pandemic has brought out the perception of selfishness among many.
- Selfish behavior has been analyzed by philosophers and psychologists for centuries.
- New research shows people may be wired for altruistic behavior and get more benefits from it.
- Crisis times tend to increase self-centered acts.
Paul Krugman on the Virtues of Selfishness<div class="rm-shortcode" data-media_id="7ZtAkm6C" data-player_id="FvQKszTI" data-rm-shortcode-id="828936bf6953080e9018307354c0c02b"> <div id="botr_7ZtAkm6C_FvQKszTI_div" class="jwplayer-media" data-jwplayer-video-src="https://content.jwplatform.com/players/7ZtAkm6C-FvQKszTI.js"> <img src="https://cdn.jwplayer.com/thumbs/7ZtAkm6C-1920.jpg" class="jwplayer-media-preview" /> </div> <script src="https://content.jwplatform.com/players/7ZtAkm6C-FvQKszTI.js"></script> </div> The Nobel Prize-winning economist on the virtues of selfishness.
Evolution Is Moving Us Away from Selfishness. But Where Is It Taking ...<div class="rm-shortcode" data-media_id="cyeqmYCb" data-player_id="FvQKszTI" data-rm-shortcode-id="6c5efecb56456e9acc25cf36935b1826"> <div id="botr_cyeqmYCb_FvQKszTI_div" class="jwplayer-media" data-jwplayer-video-src="https://content.jwplatform.com/players/cyeqmYCb-FvQKszTI.js"> <img src="https://cdn.jwplayer.com/thumbs/cyeqmYCb-1920.jpg" class="jwplayer-media-preview" /> </div> <script src="https://content.jwplatform.com/players/cyeqmYCb-FvQKszTI.js"></script> </div>
Exploring Morality and Selfishness in Modern Times<div class="rm-shortcode" data-media_id="02eX1Cag" data-player_id="FvQKszTI" data-rm-shortcode-id="45cc6180db791f32683988fb52faff26"> <div id="botr_02eX1Cag_FvQKszTI_div" class="jwplayer-media" data-jwplayer-video-src="https://content.jwplatform.com/players/02eX1Cag-FvQKszTI.js"> <img src="https://cdn.jwplayer.com/thumbs/02eX1Cag-1920.jpg" class="jwplayer-media-preview" /> </div> <script src="https://content.jwplatform.com/players/02eX1Cag-FvQKszTI.js"></script> </div> Philosopher Peter Singer discusses the state of global ethics.
Parenting could be a distraction from what mattered most to him: his writing.
Ernest Hemingway was affectionately called “Papa," but what kind of dad was he?