Τετάρτη 27 Μαΐου 2020

Has Globalization Passed its Peak?



As the following chart based on World Bank data shows, global trade volume – measured here as a percentage of global GDP – has been relatively stagnant for years, after several decades of uninterrupted growth. Following the trade decline caused by the global financial crisis in 2009, world trade never returned to its previous growth trajectory and many are expecting a similar long-term effect of the current crisis. Read more.

Πέμπτη 14 Μαΐου 2020

How Vaccines Eradicated Common Diseases



The first vaccine is generally credited to Edward Jenner, an English doctor who injected fluid from a cowpox pustule into an incision on an eight-year old's arm on May 14, 1796. The boy then proved immune to smallpox, one of the deadliest diseases at that time. CDC data shows just how effective vaccination has been in eradicating major diseases in the United States. Take smallpox as an example. In the 20th century, it was responsible for 29,000 cases on average annually and in 2019, none were recorded, a 100 percent decrease. Even though the measles has made a minor resurgence in recent years (due to anti-vaccine decision making), its morbidity (case count) is nowhere near average annual highs in the 20th century. Read more.

Τρίτη 5 Μαΐου 2020

REMOTELY WORKING PRE-COVID-19



Pre-coronavirus, most Americans wanted to work from home to improve work-life balance, increase productivity and avoid commuting. Saving money/finances was also a top reason cited by remote workers and it has the potential to be the most important one post COVID-19. If the current remote working transition is embraced, it could solve a host of problems. Increased trust in the workforce and allowances to work from anywhere could allow people to move to areas where property is more affordable, allow wealth to be more equally distributed, remove a chunk of rush hour traffic and bring about numerous environmental benefits. Read more.