Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘NYT’

Why Don’t All Jobs Matter?

Posted by hkarner - 18. April 2017

Date: 17-04-2017
Source: The New York Times Paul Krugman

President Trump is still promising to bring back coal jobs. But the underlying reasons for coal employment’s decline — automation, falling electricity demand, cheap natural gas, technological progress in wind and solar — won’t go away.

Meanwhile, last week the Treasury Department officially (and correctly) declined to name China as a currency manipulator, making nonsense of everything Mr. Trump has said about reviving manufacturing.

So will the Trump administration ever do anything substantive to bring back mining and manufacturing jobs? Probably not.

But let me ask a different question: Why does public discussion of job loss focus so intensely on mining and manufacturing, while virtually ignoring the big declines in some service sectors? Den Rest des Beitrags lesen »

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To Curb Global Warming, Science Fiction May Become Fact

Posted by hkarner - 6. April 2017

Not according to Trump! (hfk)

Date: 05-04-2017
Source: The New York Times

The Stein glacier in Switzerland in 2015. Scientists and photographers are returning to the world’s glaciers, and watching them shrink with each visit.

Remember “Snowpiercer”?

In the delirious sci-fi thriller by the Korean director Bong Joon-ho, an attempt to engineer the climate and stop global warming goes horribly wrong. The planet freezes. Only the passengers on a train endlessly circumnavigating the globe survive. Those in first class eat sushi and quaff wine. People in steerage eat cockroach protein bars.

Scientists must start looking into this. Seriously.

News about the climate has become alarming over the last few months. In December, startled scientists revealed that temperatures in some parts of the Arctic had spiked more than 35 degrees Fahrenheit above their historical averages. In March, others reported that sea ice in the Arctic had dropped to its lowest level on record. A warming ocean has already killed large chunks of Australia’s Great Barrier Reef. Den Rest des Beitrags lesen »

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China Poised to Take Lead on Climate After Trump’s Move to Undo Policies

Posted by hkarner - 31. März 2017

Date: 30-03-2017
Source: The New York Times

China consumes as much coal as the rest of the world combined.

For years, the Obama administration prodded, cajoled and beseeched China to make commitments to limit the use of fossil fuels to try to slow the global effects of climate change.

President Obama and other American officials saw the pledges from both Beijing and Washington as crucial: China is the largest emitter of greenhouse gases, followed by the United States.

In the coming years, the opposite dynamic is poised to play out. President Trump’s signing of an executive order on Tuesday aimed at undoing many of the Obama administration’s climate change policies flips the roles of the two powers. Den Rest des Beitrags lesen »

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All the President’s Lies

Posted by hkarner - 22. März 2017

Date: 21-03-2017
Source: The New York Times

The ninth week of Donald Trump’s presidency began with the F.B.I. director calling him a liar.

The director, the very complicated James Comey, didn’t use the L-word in his congressional testimony Monday. Comey serves at the pleasure of the president, after all. But his meaning was clear as could be. Trump has repeatedly accused Barack Obama of wiretapping his phones, and Comey explained there is “no information that supports” the claim.

I’ve previously argued that not every untruth deserves to be branded with the L-word, because it implies intent and somebody can state an untruth without doing so knowingly. George W. Bush didn’t lie when he said Iraq had weapons of mass destruction, and Obama didn’t lie when he said people who liked their current health insurance could keep it. They made careless statements that proved false (and they deserved much of the criticism they got).

But the current president of the United States lies. He lies in ways that no American politician ever has before. He has lied about — among many other things — Obama’s birthplace, John F. Kennedy’s assassination, Sept. 11, the Iraq War, ISIS, NATO, military veterans, Mexican immigrants, Muslim immigrants, anti-Semitic attacks, the unemployment rate, the murder rate, the Electoral College, voter fraud and his groping of women. Den Rest des Beitrags lesen »

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Sorry, a Robot Is Not About to Replace Your Lawyer

Posted by hkarner - 20. März 2017

Date: 20-03-2017
Source: The New York Times

James Yoon, a partner at Wilson Sonsini Goodrich & Rosati in Palo Alto, Calif., says people are willing to pay for his experience. “What clients don’t want to pay for is any routine work.”

Impressive advances in artificial intelligence technology tailored for legal work have led some lawyers to worry that their profession may be Silicon Valley’s next victim.

But recent research and even the people working on the software meant to automate legal work say the adoption of A.I. in law firms will be a slow, task-by-task process. In other words, like it or not, a robot is not about to replace your lawyer. At least, not anytime soon.

“There is this popular view that if you can automate one piece of the work, the rest of the job is toast,” said Frank Levy, a labor economist at the Massachusetts Institute of Technology. “That’s just not true, or only rarely the case.”

An artificial intelligence technique called natural language processing has proved useful in scanning and predicting what documents will be relevant to a case, for example. Yet other lawyers’ tasks, like advising clients, writing legal briefs, negotiating and appearing in court, seem beyond the reach of computerization, for a while.

“Where the technology is going to be in three to five years is the really interesting question,” said Ben Allgrove, a partner at Baker McKenzie, a firm with 4,600 lawyers. “And the honest answer is we don’t know.”
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Bur Mine is Bigger Than Yours

Posted by hkarner - 19. März 2017

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A Threat on Migration That May Prove to Be Empty

Posted by hkarner - 16. März 2017

Date: 15-03-2017
Source: The New York Times

Migration through Turkey rose sharply that year, with 850,000 people leaving Turkey for Greece.

ISTANBUL — When Turkey and Europe reached an agreement a year ago this week to restrict migration to Greece, it was bad news for Abu Samir, a Syrian-Palestinian people-smuggler in Istanbul.

By late 2015, Abu Samir, a former house painter from Aleppo, had become a key cog in one of the largest Europe-bound migrations in history, sending thousands of refugees, most of them Syrians, to Greece and earning up to $4,000 on some days. But in the 12 months since Turkey’s pact with the European Union, his business has collapsed.

The problem: Too few refugees and too many border patrols. Den Rest des Beitrags lesen »

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Populism and the Politics of Health

Posted by hkarner - 15. März 2017

March 14, 2017 1:43 pm Krugman Blog

What’s next on health care? Truly, I have no idea. The AHCA is a real stinker, and now everyone knows it; ordinarily, that should doom the legislation. But everyone also knows that starting off the Trump legislative era with the crashing and burning of Obamacare repeal would deeply damage Trump; nobody believes what he says, but if he can’t even ram bills through, people will stop being afraid. So they will pull out all the stops.

But why are Republicans having so much trouble? Health reform is hard; but why were the Dems able to pass the ACA in the first place? I’m seeing a lot of talk about Paul Ryan’s inadequacy and Republican lack of preparation as compared with Pelosi and the Dems in 2009, all of which is true. But there’s a more fundamental issue: who is being served?

Obamacare helped a large number of people at the expense of a small, affluent minority: basically, taxes on 2% of the population to cover a lot of people and assure coverage to many more. Trumpcare would reverse that, hurting a lot of people (many of whom voted Trump) so as to cut taxes for a handful of wealthy people. That’s a difference that goes beyond political strategy. Den Rest des Beitrags lesen »

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Tony Blair: Against Populism, the Center Must Hold

Posted by hkarner - 5. März 2017

Date: 04-03-2017
Source: The New York Times By TONY BLAIR

LONDON — Outrage is easy; strategy is hard. Outrage provides necessary motivation. But only strategy can deliver victory.

The emotional response to the rightist populism sweeping the West is one of protest and dismay. But if there is to be an effective fightback, there has to be a cool analysis of what is happening, why and what can be done.

Politics is being reshaped, and this phenomenon is the same whether it is in the United States or in Europe. At stake in the forthcoming elections in France and Germany will be the future of Europe and, possibly, of European liberal democracy.

The rightist populism, on both sides of the Atlantic, is intent on blowing up traditional conservative politics and replacing it with a new coalition, comprising traditionally left-leaning supporters in working-class communities who feel left behind by globalization and traditionally right-leaning supporters who hate liberalism. Both constituencies believe that traditional culture is at risk from immigration and “political correctness.” Both believe in the nation-state as opposed to international alliances. Both feel let down by the so-called elites and think that the solution is an authoritarian figure strong enough not to care what a biased establishment thinks about him. Den Rest des Beitrags lesen »

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Russia Looks to Exploit White House ‘Turbulence,’ Analysts Say

Posted by hkarner - 1. März 2017

Date: 28-02-2017
Source: The New York Times

MOSCOW — The Kremlin, increasingly convinced that President Trump will not fundamentally change relations with Russia, is instead seeking to bolster its global influence by exploiting what it considers weakness in Washington, according to political advisers, diplomats, journalists and other analysts.

Russia has continued to test the United States on the military front, with fighter jets flying close to an American warship in the Black Sea this month and a Russian naval vessel steaming conspicuously in the Atlantic off the coast of Delaware.

They think he is unstable, that he can be manipulated, that he is authoritarian and a person without a team,” Alexei A. Venediktov, the editor in chief of Echo of Moscow, a liberal radio station, said of President Trump. Den Rest des Beitrags lesen »

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