Zorba the Greek: The Tragic Layer Underneath Zorba’s Feigned Happy-Go-Lucky Style and Dancing

There is a deeper and more tragic layer to the famous movie Zorba the Greek (1964) with Anthony Quinn as Zorba. It’s not about unalloyed good-natured buffoonery or high spirits alone, as everyone seemed to think.

Zorba makes a tragic and transformative spontaneous confession about his past in a dialog with Basil (Alan Bates the introverted British character with whom he takes up).

Like every soulful human who wishes to stay happy and relaxed in life, Zorba also has his tragic fate on his back. Zorba is no different, he also has a dark past. His crimes and atrocities were endless when he fought for his country against the Turks and Bulgarians.

As he tells Basil that he killed people, burnt villages and raped women. But he puts all this in his tragic past and tries to restore peace in his life. He is married but has left his family behind.

He is trying to some extent to kill his inner pain, just revealed to Basil, through the famous dancing:

Sirtaki or syrtaki (Greek: συρτάκι) is a dance of Greek origin, choreographed for the 1964 film Zorba the Greek. It is a recent Greek folk dance, a mixture of syrtos and the slow and fast rhythms of the hasapiko dance.

The dance and the accompanying music by Mikis Theodorakis are also called Zorba’s dance, the Zorba or “the dance of Zorba.” The dance has become popular in Greece and one that is identified with the Greeks.

The name sirtaki comes from the Greek word syrtos—from σύρω (τον χορό), which means “drag (or lead the dance)”—a common name for a group of traditional Greek dances of so-called “dragging” style, as opposed to pidikhtós (πηδηχτός), a hopping or leaping style. Despite that, sirtaki incorporates both syrtos (in its slower part) and pidikhtós (in its faster part) elements.

Thus Zorba the Greek is a tragic story of a broken man—Zorba—trying to dance himself into an anesthetized state. It’s not about Falstaffian “clowning around.” To a large extent, Zorba is trying to run away from himself or “jump over his own shadow,” so to speak, but this must fail because hyperactivity of his type won’t help him from re-colliding with his life and his past.

Economics-Watching: Global Data Tracks Decade-Long Decline in Check Payments

[by Claire Greene, payments risk expert in the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta]

From around the world, we have more evidence that people are shifting from checks to other means of non-cash payments. Using data from the Bank for International Settlements (BIS), my Atlanta Fed colleagues Antar Diallo and Oz Shy found that from 2012 to 2021, in all 20 countries they examined, the number of checks declined as the number of cashless payments increased. Since checks are cashless payment instruments, it’s notable that the total of cashless payments increased even as a component of this calculation declined.

Among the 20 countries that reported the number and value of these payments to the BIS, the United States had by far the highest per capita use of checks per year in 2021: 30 checks. Only six countries reported more than two per capita (chart below), another 12 between zero and two. Belgium and South Africa reported zero.

Yikes, you say, 30 checks per person per year in 2021! How is that possible? Most checks in the United States—about two-thirds—are estimated to be written by businesses, according to the Atlanta Fed’s Check Sample Survey. That would put the average number of checks that U.S. consumers write at about 10 per year on average, which is in line with the findings of the 2021 Survey and Diary of Consumer Payment Choice.

Given the high per capita use in the United States, it makes sense that our year-over-year decline from 2012 has been slower than that for other countries. The per-year decline in the number of U.S. checks from 2012 to 2021 was slower than the decline for all the other high-use countries listed in the chart. The United States was down 6.7 percent per year from 2012 to 2021, compared to down 8.8 percent per year for Canada at the slow end and down 17.4 percent per year for Austria at the quick end.

No way around it: we love our checks, and our response to innovation has been tepid compared to that of other countries.

Economics-Watching: Third-Quarter GDP Growth Estimate Increased

[from the Federal Reserve Bank of Atlanta’s GDPNow]

The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay. The Federal Reserve Bank of Atlanta’s GDPNow forecasting model provides a “nowcast” of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the U.S. Bureau of Economic Analysis.

GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for the current measured quarter. There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model. In particular, it does not capture the impact of COVID-19 and social mobility beyond their impact on GDP source data and relevant economic reports that have already been released. It does not anticipate their impact on forthcoming economic reports beyond the standard internal dynamics of the model.

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 4.1 percent on August 8, up from 3.9 percent on August 1. After recent releases from the U.S. Census Bureau, the Institute for Supply Management, the U.S. Bureau of Economic Analysis, and the U.S. Bureau of Labor Statistics, an increase in the nowcast of third-quarter real gross private domestic investment growth from 5.2 percent to 8.1 percent was slightly offset by decreases in the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real government spending growth from 3.5 percent and 2.9 percent, respectively, to 3.2 percent and 2.7 percent, while the nowcast of the contribution of the change in real net exports to second-quarter real GDP growth increased from 0.08 percentage points to 0.11 percentage points.

The next GDPNow update is Tuesday, August 15.

Speculative Science: The Reality beyond Spacetime, with Donald Hoffman

[from The Institute of Art and Ideas Science Weekly, July 22]

Donald Hoffman famously argues that we know nothing about the truth of the world. His book, The Case Against Reality, claims the process of survival of the fittest does not require a true picture of reality. Furthermore, Hoffman claims spacetime is not fundamental. So, what lies beneath spacetime, can we know about it? And how does consciousness come into play? Join this interview with the famed cognitive psychologist and author exploring our notions of consciousness, spacetime, and what lies beneath. Hosted by Curt Jaimungal.

[watch the video]

Movies and Chemistry: Keeping the Enchantment of Education

Several movies give you an “enchanting” back door or window into chemistry so that you can “beat” the tediousness of regular education and come into the field and its topics via these movies:

I.

The Man in the White Suit is a 1951 British comedy classic with Alec Guinness as a genius research chemist. He fiddles with his flasks and polymer and textile chemistry experiments until he invents a fabric that shows no wear and tear “forever.” This would seem like a great boon to humanity in its clothing needs but the chemist (“Sidney Stratton”) finds that both labor and management reject his discovery violently as it threatens jobs and profits. Textile or fabric polymer chemistry is at the heart of the plot.

Cry Terror! is a taut 1958 crime thriller movie with James Mason and Rod Steiger. The plot involves the terrorist threat of exploding a domestic airliner with a hidden RDX cache (a TNT successor) unless the demanded payment is made.

RDX was used by both sides in World War II. The U.S. produced about 15,000 long tons per month during WWII and Germany about 7,000 long tons per month. RDX had the major advantages of possessing greater explosive force than TNT, used in World War I and requiring no additional raw materials for its manufacture.

Semtex is a general-purpose plastic explosive containing RDX and PETN. It is used in commercial blasting, demolition, and in certain military applications.

A Semtex bomb was used in the Pan Am Flight 103 (known also as the Lockerbie) bombing in 1988. A belt laden with 700 g (1.5 lb) of RDX explosives tucked under the dress of the assassin was used in the assassination of former Indian prime minister Rajiv Gandhi in 1991.

The 1993 Bombay bombings used RDX placed into several vehicles as bombs. RDX was the main component used for the 2006 Mumbai train bombings and the Jaipur bombings in 2008. It also is believed to be the explosive used in the 2010 Moscow Metro bombings.

Traces of RDX were found on pieces of wreckage from 1999 Russian apartment bombings and 2004 Russian aircraft bombings. Further reports on the bombs used in the 1999 apartment bombings indicated that while RDX was not a part of the main charge, each bomb contained plastic explosive used as a booster charge.

Ahmed Ressam, the al-Qaeda Millennium Bomber, used a small quantity of RDX as one of the components in the bomb that he prepared to detonate in Los Angeles International Airport on New Year’s Eve 1999-2000; the bomb could have produced a blast forty times greater than that of a devastating car bomb.

In July 2012, the Kenyan government arrested two Iranian nationals and charged them with illegal possession of 15 kilograms (33 pounds) of RDX. According to the Kenyan Police, the Iranians planned to use the RDX for “attacks on Israeli, U.S., UK and Saudi Arabian targets.”

RDX was used in the assassination of Lebanese Prime Minister Rafic Hariri on February 14, 2005.

In the 2019 Pulwama attack in India, 250 kg of high-grade RDX was used by Jaish-e-Mohammed. The attack resulted in the deaths of 44 Central Reserve Police Force personnel as well as the attacker.

Semtex was developed and manufactured in Czechoslovakia, originally under the name B 1 and then under the “Semtex” designation since 1964, labeled as SEMTEX 1A, since 1967 as SEMTEX H, and since 1987 as SEMTEX 10. Originally developed for Czechoslovak military use and export, Semtex eventually became popular with paramilitary groups and rebels or terrorists because prior to 2000 it was extremely difficult to detect, as in the case of Pan Am Flight 103.

The Russian apartment bombings were a series of explosions that hit four apartment blocks in the Russian cities of Buynaksk, Moscow and Volgodonsk in September 1999, killing more than 300, injuring more than 1,000, and spreading fear across the country. The bombings, together with the Invasion of Dagestan, triggered the Second Chechen War. The handling of the crisis by Vladimir Putin, who was prime minister at the time, boosted his popularity greatly and helped him attain the presidency within a few months.

The blasts hit Buynaksk on 4 September and in Moscow on 9 and 13 September. On 13 September, Russian Duma speaker Gennadiy Seleznyov made an announcement in the Duma about receiving a report that another bombing had just happened in the city of Volgodonsk. A bombing did indeed happen in Volgodonsk, but only three days later, on 16 September. Chechen militants were blamed for the bombings, but denied responsibility, along with Chechen president Aslan Maskhadov.

A suspicious device resembling those used in the bombings was found and defused in an apartment block in the Russian city of Ryazan on 22 September. On 23 September, Vladimir Putin praised the vigilance of the inhabitants of Ryazan and ordered the air bombing of Grozny, which marked the beginning of the Second Chechen War. Three FSB agents who had planted the devices at Ryazan were arrested by the local police, with the devices containing a sugar-like substance resembling RDX.

II.

The movie Khartoum (1966) has General Charles Gordon traveling to Sudan in 1884 to quell the “mad mullah” the Mahdi. (Osama bin Laden of his day).
At the train station where General Gordon starts his trip, there’s a railway ad sign that promotes the use of “Wright’s Coal Tar Soap.”

This gives us a sign of the rise of the modern chemical industry.

III.

Think of “Sherlock Holmes” in terms of all the movies and TV series or the original stories and books:

Holmes has to explain to Watson how he survived the assassination attempt on him by Moriarty, “the Napoleon of Crime” who threw him off the Reichenbach Falls. Holmes explains that he faked Moriarty out and clung to a bush or something and was (obviously) not killed.

Holmes tells Watson what he does when he returns to civilization and travels and studies for some three years:

“I then passed through Persia, looking in at Mecca, and paid a short but interesting visit to the Khalifa at Khartoum, the results of which I communicated to the Foreign Office. Returning to France, I spent some months in a research into the coal-tar derivatives, which I conducted in a laboratory at Montpellier, in the south of France.”

The context implies the year 1894.

There is clear evidence that Mr. Holmes was deeply involved in the research of coal-tar derivatives as early as 1889 when the events of the Copper Beeches matter were transpiring.

We are told that on an evening in 1889, Mr. Holmes was seated in 221B Baker Street at the deal table loaded with retorts and test tubes. He was settling down to one of those all-night chemical researches in which he frequently indulged.

The research work was interrupted by a message of distress from Violet Hunter. Watson found that there was a train the next morning, and Holmes tells Watson:

“That will do very nicely. Then perhaps I had better postpone my analysis of the acetones as we may need to be at our best in the morning.”

It is clear that Holmes was engaged in coal-tar research long before his visit to Montpellier in the south of France.

The quotation from the Copper Beeches story refers to acetones, not to coal-tar derivatives.

“In the fractional distillation of coal-tar, the distillate separates into five distinct groups or layers, depending upon the stage of the process and the amount of heat applied. Category-one of the five includes benzene, toluene, xylenes and cumenes.

Acetones [dimethelketone-CH3COCH3] may be derived from the oxidation of cumene. And cumene [isopropylbenzene-C6H5C(CH3)2] is derived by distillation from the coal-tar naphtha fractions.”

Cumenes are derived from coal-tar, and acetones are derived from cumenes. Thus, a study of the acetones is, necessarily, research into coal-tar derivatives.

The rise of chemical engineering and organic chemistry are at the heart of the Sherlock Holmes stories.

Thus we can “climb” into chemistry via these books and movies and keep a feeling of enchantment as a kind of educational “shoehorn.”

Economy-Watching, USA: Global Supply Chain Pressure Index: April 2023 Update

[from the Federal Reserve Bank of New York]

A new reading of the Global Supply Chain Pressure Index has been posted.

Estimates for March 2023

  • Global supply chain pressures decreased again in March, falling from 0.28 to 1.06 standard deviations below the index’s historical average.
  • There were significant downward contributions by many of the factors, with the largest negative contributions from European Area delivery times, European Area backlogs, and Taiwanese purchases.
  • The GSCPI’s recent movements suggest that global supply chain conditions have largely normalized after experiencing temporary setbacks around the turn of the year.

The GSCPI compiles more than two dozen metrics across seven economies—data on global transportation costs and regional manufacturing conditions—to track shifts in supply chain pressures from 1997 to the present.

The GSCPI is updated regularly at 10 AM ET on the fourth business day of each month.

The GSCPI is a product of the Federal Reserve Bank of New York’s Applied Macroeconomics and Econometrics Center.

View the index.

Economy-Watching, USA: First-Quarter GDP Growth Estimate Decreased

[from the Federal Reserve Bank of Atlanta]

GDPNow

First-Quarter GDP Growth Estimate Decreased

On April 5, the GDPNow model estimate for real GDP growth in the first quarter of 2023 is 1.5 percent, down from 1.7 percent on April 3.

The next GDPNow update is Monday, April 10.

Want to see even more economic data? The Atlanta Fed’s EconomyNow app will put GDPNow and all its data tools right in your hands. Download it today to see the latest data on inflation, growth, and the labor market.

Movies as an Education in Global Looting: The Sea Hawk (1940)

Movies and the World as an Arena of Violent Domination and Global Looting

The classic Warner Brothers swashbuckler, The Sea Hawk, from 1940, within its romantic adventures and intricate swordfights (perhaps comparable to the car chases of later movies) is a partly historical, partly fictional version of a world built on imperial struggles and ransacking and despoiling. The hegemonic power in the West (and perhaps worldwide) is Spain. Phillip II the king-emperor wants to own and dominate and rule the whole world. In 1588, his Spanish Armada loses to England. (The British of course want to compare this to the Battle of Britain against the German Luftwaffe.)

Set in 1585, The Sea Hawk opens with King Philip II of Spain plotting world domination, laughing that all world maps will soon read simply “Spain” — once England is out of the way, of course.

The Spanish ambassador departs for England to escort his niece to Queen Elizabeth’s court, but in a spectacular sea battle, the Spanish galley is soundly damaged, boarded, raided and sunk by a group of pirates led by Captain Geoffrey Thorpe, a Sir Walter Raleigh stand-in played by Erroll Flynn. Thorpe rescues the galley slaves — they row the boat — and spares the crew, taking them aboard and delivering them to England. The jewels and other bounty (or a portion thereof) are a gift to the Queen.

His crew is part of a noble privateer coalition — the Sea Hawks — who justify their piracy as reclamation of English goods (and enslaved sailors) from the Spanish behemoth. The political fallout from Thorpe’s abduction of the ambassador forces Elizabeth to outlaw the Sea Hawks, including an official denial (and private approval) of his mission to Panama to steal a shipment of Aztec gold.

Inca gold is also mentioned in the movie as a target of robbing.

Sir John Hawkins (1532–1595), part of this group of global sailor-pirates and master-mariners, was one of the most notable sailors and naval commanders of the sixteenth century.

He is known for his pivotal role in the maritime history of England and the rise of the global slave trade.

John Hawkins, the son of a merchant, was born in Plymouth in 1532. He became a sea captain and in 1562 became the first Englishman to start capturing people in Sierra Leone and selling them as slaves to Spanish settlers in the Caribbean. (Notice that selling slaves does not discriminate against Spaniards even with Phillip II threatening England. Business is business.)

Stealing Aztec gold as part of colonial or imperial plundering and the slave trade were part of the dark side of history, something the standard history books “skate over” dishonestly.

A key scene between the Spanish aristocratic beauty and Captain Thorpe:

Doña María Álvarez de Córdoba: “I’m not in the habit of conversing with thieves. I thought I made that quite clear, Captain Thorpe.”

Captain Geoffrey Thorpe: “Why, yes, all except your definition. Tell me, is a thief an Englishman who steals?”

Doña María Álvarez de Córdoba: “It’s anybody who steals… whether it’s piracy or robbing women.”

Captain Geoffrey Thorpe: “Oh, I see. I’ve been admiring some of the jewels we found in your chest… particularly the wrought gold. It’s Aztec, isn’t it? I wonder just how those Indians were persuaded to part with it.”

The Sea Hawk (1940)

Donald Trump continues this tradition of looting when he says of Iraq’s oil:

“Think of it as our oil under their sand.”

Thus the whole world is an arena where the weak don’t have any property rights: not the oil or gold, not themselves (slavery) and not their country (colonialism).

This exploitative hierarchy and “world-system” is part of “the way of the world” and even a romantic adventure story like 1940’s The Sea Hawk gives you a Hollywoodized glimpse into its roots. Imperial struggles in the West spill over into colonization and ransacking and looting. History books one sees in high school are dishonest and in that sense uninformative or even disinformative.

The popular PBS travel series Rick Steves’ Europe unintentionally gives us a wonderful example of this notion of plunder and looting as a pillar of world history in the show on Venice. Rick Steves is talking about the various statues in Venice’s central St. Mark’s Square (Piazza San Marco), and comments “I’d call the style ‘Early Ransack.’”

This Rick Steves quip about ransacking and historical wealth-building is very informative.

Economics-Watching: Underlying Inflation Dashboard Updated

[from the Federal Reserve Bank of Atlanta, February 24, 2023]

Underlying Inflation Dashboard Updated

We’ve updated our Underlying Inflation Dashboard with data from the U.S. Bureau of Economic Analysis, the Federal Reserve Bank of San Francisco, and the Federal Reserve Bank of Dallas.

Want to see even more economic data? The Atlanta Fed’s EconomyNow app will put GDPNow and all its data tools right in your hands. Download it today to see the latest data on inflation, growth, and the labor market.

Zheng Yongnian (郑永年) on How to Address Western Public Opinion on China: Facts, Science and Reason

[from Pekingology at the Center for China and Globalization (CCG)]

“Be open, open, and more open,” especially to businesses, investors, media, universities, and research institutions. And tit-for-tat doesn’t work, the professor says.

by Zichen Wang, Shuyuan Han, and Li Huiyan

Professor Zheng Yongnian (郑永年), the Founding Director of the Institute for International Affairs at the Chinese University of Hong Kong, Shenzhen, on January 28 published an article on how China should address Western public opinion on China. His advice is in the last part of the article, and below is a translation.

(Emphasis by Pekingnology.)

First, we need to understand how such narratives are formed. Historically, China held a bias due to its self-isolation and limited knowledge of the West. Despite losing the two Opium Wars, Chinese intellectuals at that time still saw Westerners as uncivilized. It was not until China was defeated by Japan, a neighboring country once considered as China’s student, that they realized their ignorance and a need for reform. Before China’s Reform and Opening up, Chinese people barely knew anything about the West. They always assumed Westerners were in deep distress, repeating the same lack of understanding of the West.

Similarly, the West’s uncertainty and fear towards China’s rise stem from a lack of understanding and even fear of the country, and their ingrained ideology would lead to misconceptions.

China is the world’s second-largest economy. The externalities and influence of its economy on the West are obvious. Upon joining the WTO, some Chinese people also felt unsettled by the externalities of the West. Some said, “the wolf is coming.” Now it is the West that is experiencing such worries.

It is crucial to recognize the significant impact of the Western hypocritical narratives against China, even if they are based on ideology rather than facts. We must also acknowledge that ideology-based public opinion from the West can exert a powerful influence on their policies toward China.

Historically, the West tended to demonize others while presenting themselves as morally superior, which enabled them to apply Social Darwinism to international politics easily and thus legitimizing conflicts and even wars with other nations. Given the Soviet Union’s failure in the ideological arena during the Cold War, we should by no means ignore any ideology-based public opinion toward China from the West.

Second, to make rational responses to the Western ideology-based criticisms, we should draw lessons from the history of the world economy, such as the lessons of the Soviet Union, as well as our practices, such as the rhetorical battle with the West in the past few years. Coming up with an externally-facing public opinion based on a different ideology is not the most effective in addressing public opinion attacks based on an ideology. Empirically, tit-for-tat is ineffective and can worsen the situation. Again, the failure of the Soviet Union is a prime example, as its battle with a Western ideology failed. When faced with China-demonizing based on ideology from the West, we need to do the simplest thing, namely resorting to facts, science, and reason.

Third, and most importantly, China needs to prioritize its sustainable development, which ultimately benefits the country itself. It is important to recognize that the foundation of the government’s governance lies in its citizens, not Western praise. The support from its people is crucial for both the nation’s longevity and stability., China’s sustainable development also benefits the world economy by boosting its growth. As mentioned above, China has been the largest contributor to the growth of the world economy since it joined the WTO.

It is crucial to prioritize the building of a knowledge system based on China’s practical experiences. Regarding global soft power, we need a knowledge system based on our experiences rather than a certain ideology. While there has been a proposal for an autonomous knowledge system, continuous effort is still required.

Fourth, given the substantial externalities of our economy, we must further communicate and coordinate with other countries on economic policies, regardless of their respective sizes. Our duty is to fulfill the responsibility as a major player in the international community, which also benefits China.

After the 1997-1998 Asian financial crisis, China promised not to devalue its currency, and that commitment became an international public good in Asia. Similarly, after the global financial crisis from 2007 to 2008, China made similar contributions. As China re-opens its economy after the pandemic, it is important not only to take note of the hypocritical comments from certain quarters in the Western world but also to recognize the positive evaluations and high expectations from many international organizations.

Fifth, we must be open, open, and more open. Despite China’s efforts, there remains a persistent ideological camp in the West that views China through an ideological lens, a situation made worse by the past three years of the pandemic. The pandemic was so severe that it hindered travel across borders; as a result, some Western media and scholars tend to assess China through ideology since they couldn’t come here to see the facts with their own eyes.

The assessment of China through a uniform ideological lens appears to have strengthened the original Western ideological camp. However, the United States and the West have more than one ideology, and not all people believe in the prevailing ideology in the public opinion sphere. China’s openness provides a “seeing is believing” opportunity for different groups in the West. China should increase its openness to Western groups, including businesses, investors, media, universities, and research institutions. The changes in their understanding could render those ideological-based public opinions less effective.