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.

From ASEAN and G20 to APEC, as World Leaders Meet in Person Again, 3 Reasons to Root for Multilateralism

By Wang Huiyao | Founder of the Center for China and Globalization (CCG)

Over the past two weeks, Asia has played host to the most intense sequence of multilateral summits since the pandemic began, as national leaders gathered for meetings organized by ASEAN, the G20 and APEC. Although overshadowed by geopolitical tensions, the meetings marked a welcome return to in-person summit diplomacy, and the better-than-expected outcomes show hope yet for multilateralism.

The conclaves began in Phnom Penh with the annual summit of the Association of Southeast Asian Nations. At the first of such in-person events in almost three years, ASEAN leaders took the positive step of agreeing in principle to admit East Timor as the 11th member of the organization.

As leaders moved on to Bali for the Group of 20 summit, expectations were low after ministerial meetings in the run-up had failed to produce consensus. Earlier in the year, given fractures in the wake of Russia’s invasion of Ukraine, there was a question mark over whether the G20 could even go ahead or survive in its existing form.

In the end, the summit surpassed expectations by producing a joint declaration after intense negotiations, with leaders finding the compromises necessary to unite in declaring that “today’s era must not be of war” and pledging to uphold the multilateral system.

The summit also saw a positive face-to-face meeting between China’s President Xi Jinping and U.S. President Joe Biden, their first as leaders, signaling a willingness to halt the downward trajectory of China-U.S. relations.

In Bangkok, the 21 leaders of the Asia-Pacific Economic Cooperation forum also pledged to uphold and strengthen the rules-based multilateral trading system. Importantly, the group agreed on a multi-year work plan for an Asia-Pacific free trade area.

Reflecting on these three summits, three takeaways give reason for cautious optimism that multilateralism can yet be revived and play a major role in solving our challenges.

First, and perhaps most obviously, the return of in-person summit diplomacy is a welcome uplift for global cooperation. Virtual formats played a useful interim role at the height of the pandemic but were never a substitute for getting leaders in the same room. That is especially when it comes to interactions on the sidelines, often as important as the main event.

China’s return to diplomacy at the highest level was a further boost, both for the nation and the rest of the world.

In addition to Xi’s highly anticipated meeting with Biden, the Chinese leader met over a dozen other leaders at the G20 and APEC summits, including a warmer-than-expected first meeting with Japanese Prime Minister Fumio Kishida and his first meeting with an Australian prime minister since 2016.

Leaders got to meet their new counterparts for the first time or build on existing relationships, which can only help global cooperation.

The second takeaway is that as grave as our challenges are, the threat of escalating conflict and severe economic pressures on all nations seem to be focusing minds and increasing the willingness to engage and cooperate—out of necessity if nothing else.

The G20 summit was the second major one this year to surpass expectations after the 12th World Trade Organization Ministerial Conference in June surprised observers by agreeing on a plan to reform the organization and its dispute settlement mechanism. The G20 statement reiterated support for this WTO reform plan, which will be critical to get the free trade agenda back on track and provide a much-needed boost for the global economy.

Third, and perhaps most significantly for the long term, the recent summits marked an acceleration of the trend towards multi-polarization in international diplomacy, and in particular, the rising influence of non-aligned “middle powers” to shape multilateral outcomes.

The middle powers represented at ASEAN, the G20 and APEC have huge stakes in avoiding a bifurcation of the global economy that might result from a new cold war. They don’t want to be forced to pick sides and many show a growing willingness and ability to build bridges and restore positive momentum for multilateralism.

Indonesia is a prime example. The country’s strategic heft and non-aligned credibility make it well-placed to bridge different camps. President Joko Widodo made a big political bet on the success of the G20 and has won praise for the deft diplomacy that kept the organization alive and got it to a joint statement.

The Indian delegation reportedly also played a big role in achieving consensus on language in the statement, with the BRICS group (Brazil, Russia, India, China and South Africa)—as well as Indonesia—turning out to be crucial swing voters in securing the joint statement. One Indian official said it was “the first [G20] summit where developing nations shaped the outcome.”

There is scope for this trend to continue next year as middle powers continue to rise in stature, and India and Indonesia take over the presidency of the G20 and ASEAN, respectively. Brazil will host the G20 the year after.

Over in Sharm el-Sheikh at the COP27 UN climate summit, another middle power—the host Egypt—also won praise for helping to shepherd a historic financing deal for poor countries affected by climate change. But the ultimate failure to reach a commitment to phase down fossil fuels was a sobering reminder of the huge difficulties that remain in forging the global consensus needed to overcome our shared challenges.

Coronavirus Update: Fall Boosters Could Have Bits of Omicron

[from ScienceNews Coronavirus Update, by Erin Garcia de Jesús]

For all the coronavirus variants that have thrown pandemic curve balls—including alpha, beta, gamma, deltaCOVID-19 vaccines have stayed the same. That could change this fall.

Yesterday, an advisory committee to the U.S. Food and Drug Administration met to discuss whether vaccine developers should update their jabs to include a portion of the omicron variant—the version of the coronavirus that currently dominates the globe. The verdict: The omicron variant is different enough that it’s time to change the vaccines. Exactly how is up in the air; the FDA still has to weigh in and decide what versions of the coronavirus will be in the shot.

“This doesn’t mean that we are saying that there will be boosters recommended for everyone in the fall,” Amanda Cohn, chief medical officer for vaccine policy at the U.S. Centers for Disease Control and Prevention said at the June 28 advisory meeting. “But my belief is that this gives us the right vaccine for preparation for boosters in the fall.”

The decision to update COVID-19 vaccines didn’t come out of nowhere. In the two-plus years that the coronavirus has been spreading around the world, it has had a few “updates” of its own—mutating some of its proteins that allow the virus to more effectively infect our cells or hide from our immune systems.

Vaccine developers had previously crafted vaccines to tackle the beta variant that was first identified in South Africa in late 2020. Those were scrapped after studies showed that current vaccines remained effective.

The current vaccines gave our immune systems the tools to recognize variants such as beta and alpha, which each had a handful of changes from the original SARS-CoV-2 virus that sparked the pandemic. But the omicron variant is a slipperier foe. Lots more viral mutations combined with our own waning immunity mean that omicron can gain a foothold in the body. And vaccine protection isn’t as good as it once was at fending off COVID-19 symptoms.

The shots still largely protect people from developing severe symptoms, but there has been an uptick in hospitalizations and deaths among older age groups, Heather Scobie, deputy team lead of the CDC’s Surveillance and Analytics Epidemiology Task Force said at the meeting. And while it’s impossible to predict the future, we could be in for a tough fall and winter, epidemiologist Justin Lessler of the University of North Carolina at Chapel Hill said at the meeting. From March 2022 to March 2023, simulations project that deaths from COVID-19 in the United States might number in the tens to hundreds of thousands.

A switch to omicron-containing jabs may give people an extra layer of protection for the upcoming winter. PfizerBioNTech presented data at the meeting showing that updated versions of its mRNA shot gave clinical trial participants a boost of antibodies that recognize omicron. One version included omicron alone, while the other is a twofer, or bivalent, jab that mixes the original formulation with omicron. Moderna’s bivalent shot boosted antibodies too. Novavax, which developed a protein-based vaccine that the FDA is still mulling whether to authorize for emergency use, doesn’t have an omicron-based vaccine yet, though the company said its original shot gives people broad protection, generating antibodies that probably will recognize omicron.

Pfizer and Moderna both updated their vaccines using a version of omicron called BA.1, which was the dominant variant in the United States in December and January. But BA.1 has siblings and has already been outcompeted by some of them.

Since omicron first appeared late last year, “we’ve seen a relatively troubling, rapid evolution of SARS-CoV-2,” Peter Marks, director of the FDA’s Center for Biologics Evaluation and Research in Silver Spring, Maryland, said at the advisory meeting.

Now, omicron subvariants BA.2, BA.2.12.1, BA.4 and BA.5 are the dominant versions in the United States and other countries. The CDC estimates that roughly half of new U.S. infections the week ending June 25 were caused by either BA.4 or BA.5. By the time the fall rolls around, yet another new version of omicron—or a different variant entirely—may join their ranks. The big question is which of these subvariants to include in the vaccines to give people the best protection possible.

BA.1, the version already in the updated vaccines, may be the right choice, virologist Kanta Subbarao said at the FDA meeting. An advisory committee to the World Health Organization, which Subbarao chairs, recommended on June 17 that vaccines may need to be tweaked to include omicron, likely BA.1. “We’re not trying to match [what variants] may circulate,” Subbarao said. Instead, the goal is to make sure that the immune system is as prepared as possible to recognize a wide variety of variants, not just specific ones. The hope is that the broader the immune response, the better our bodies will be at fighting the virus off even as it evolves.

The variant that is farthest removed from the original virus is probably the best candidate to accomplish that goal, said Subbarao, who is director of the WHO’s Collaborating Center for Reference and Research on Influenza at the Doherty Institute in Melbourne, Australia. Computational analyses of how antibodies recognize different versions of the coronavirus suggest that BA.1 is probably the original coronavirus variant’s most distant sibling, she said.

Some members of the FDA advisory committee disagreed with choosing BA.1, instead saying that they’d prefer vaccines that include a portion of BA.4 or BA.5. With BA.1 largely gone, it may be better to follow the proverbial hockey puck where it’s going rather than where it’s been, said Bruce Gellin, chief of Global Public Health Strategy with the Rockefeller Foundation in Washington, D.C. Plus, BA.4 and BA.5 are also vastly different from the original variant. Both BA.4 and BA.5 have identical spike proteins, which the virus uses to break into cells and the vaccines use to teach our bodies to recognize an infection. So when it comes to making vaccines, the two are somewhat interchangeable.

There are some real-world data suggesting that current vaccines offer the least amount of protection from BA.4 and BA.5 compared with other omicron subvariants, Marks said. Pfizer also presented data showing results from a test in mice of a bivalent jab with the original coronavirus strain plus BA.4/BA.5. The shot sparked a broad immune response that boosted antibodies against four omicron subvariants. It’s unclear what that means for people.

Not everyone on the FDA advisory committee agreed that an update now is necessary—two members voted against it. Pediatrician Henry Bernstein of Zucker School of Medicine at Hofstra/Northwell in Uniondale, N.Y., noted that the current vaccines are still effective against severe disease and that there aren’t enough data to show that any changes would boost vaccine effectiveness. Pediatric infectious disease specialist Paul Offit of Children’s Hospital of Philadelphia said that he agrees that vaccines should help people broaden their immune responses, but he’s not yet convinced omicron is the right variant for it.

Plenty of other open questions remain too. The FDA could authorize either a vaccine that contains omicron alone or a bivalent shot, although some data hinted that a bivalent dose might spark immunity that could be more durable. Pfizer and Moderna tested their updated shots in adults. It’s unclear what the results mean for kids. Also unknown is whether people who have never been vaccinated against COVID-19 could eventually start with such an omicron-based vaccine instead of the original two doses.

Maybe researchers will get some answers before boosters start in the fall. But health agencies need to make decisions now so vaccine developers have a chance to make the shots in the first place. Unfortunately, we’re always lagging behind the virus, said pediatrician Hayley Gans of Stanford University. “We can’t always wait for the data to catch up.”

World-Watching: China Globalization Conference

[from the Center for China and Globalization]

The Center for China and Globalization is proud to announce the full program of their upcoming 8th edition of CCG annual China and Globalization Forum 2022 to be held in online-offline hybrid format in Beijing. Everyone is cordially invited to join the events open to public virtually. All sessions open to public will be broadcast live. You will be able to access the sessions on Zoom:

Tuesday, June 21st

09:00-10:00—Forum Special Online Program I: Advancing the 2030 Agenda in Uncertain Times: Sustainability and the Quest for ChinaU.S. Cooperation – Fireside Chat with Sec. Henry M. Paulson, Jr. and Mr. WANG Shi (王石)

10:30-12:30—Ambassadors’ Roundtable: Global Recovery in Post-Pandemic Times: Trends, Challenges, and Responses

14:00-16:00ChinaEurope Roundtable: ChinaEurope Economic Cooperation: Moving Forward with the Global Quest for Sustainability

17:30-18:30—Forum Special Online Program II: History at a Turning Point: Pandemic, Ukraine, and the Changing Relations between China, Europe, and the United States–Dialogue with Historian Niall Ferguson

20:00-21:30—Forum Special Online Program III: Realigning the U.S.China Trade and Economic Relationship: Inflation, Tariffs, and the Way Forward – ChinaU.S. Think Tank Dialogue

Zoom:
Webinar ID: 894 5641 9097
Passcode: 566991

Once you’re admitted into the Zoom meeting, your camera and audio will remain off. Simultaneous interpretation of both English and Chinese languages will be available by selecting the language pane.

Agenda

Monday, June 20th

09:00-10:00—Forum Special Online Program I: Advancing the 2030 Agenda in Uncertain Times: Sustainability and the Quest for ChinaU.S. Cooperation – Fireside Chat with Sec. Henry M. Paulson, Jr. and Mr. WANG Shi (王石)

Host

WANG Huiyao (王辉耀), CCG President, Vice Chairman of China Association for International Economic Cooperation (CAFIEC)

Speakers

Henry M. Paulson, Jr., former U.S. Treasury Secretary, Founder and Chairman of the Paulson Institute
WANG Shi (王石), CCG Senior Vice President, Founder and Honorary Chairman of China Vanke Co., Ltd., Founder of C-Team

This program will also be livestreamed on the web via the Baidu links and social media platforms below:

English language
Chinese language

Social Media
Youtube
Twitter
Facebook

10:30-12:30—Ambassadors’ Roundtable: Global Recovery in Post-Pandemic Times: Trends, Challenges, and Responses

Chair

WANG Huiyao (王辉耀), CCG President, Vice Chairman of China Association for International Economic Cooperation (CAFIEC)

Opening remarks

LONG YongtuCCG Chairman; former Vice Minister of Commerce
LIN Songtian, President of the Chinese People’s Association for Friendship with Foreign Countries, former Chinese Ambassador to South Africa
Siddharth Chatterjee, UN Resident Coordinator, United Nations in China

Participants

(in alphabetic order by country): 
Rahamtalla M. Osman
, Permanent Representative of African Union to China
Graham Fletcher, Ambassador of Australia to China 
Paulo Estivallet de Mesquita, Ambassador of Brazil to China 
Nicolas Chapuis, Ambassador of European Union to China 
Laurent Bili, Ambassador of France to China 
Djauhari Oratmangun, Ambassador of Indonesia to China 
Luca Ferrari, Ambassador of Italy to China 
Raja Dato Nushirwan Zainal Abidin, Ambassador of Malaysia to China 
Clare Fearnley, Ambassador of New Zealand to China 
Signe Brudeset, Ambassador of Norway to China 
Moin ul Haque, Ambassador of Pakistan to China 
Luis Quesada, Ambassador of Peru to China 
José Augusto Duarte, Ambassador of Portugal to China 
James Kimonyo, Ambassador of Rwanda to China 
Alenka Suhadolnik, Ambassador of Slovenia to China 
Siyabonga Cwele, Ambassador of South Africa to China 
Bernardino Regazzoni, Ambassador of Switzerland to China 
Arthayudh Srisamoot, Ambassador of Thailand to China 
Ali Obaid Al Dhaheri, Ambassador of UAE to China

14:00-16:00ChinaEurope Roundtable: ChinaEurope Economic Cooperation: Moving Forward with the Global Quest for Sustainability

Chair

Andy MokCCG Senior Fellow

Participants

(in alphabetic order)
Joseph Cash
, Policy Analyst, China–Britain Business Council (CBBC)
CUI Hongjian, CCG Non-Resident Senior Fellow and Director of the Department of European Studies at the China Institute of International Studies (CIIS)
Vivian Ding, CCG Senior Council Member, Founder and CEO of WeBrand Global
FENG Zhongping, Director of Institute of European Studies, Chinese Academy of Social Sciences (CASS)
Allan Gabor, President of Merck China
Archil Kalandia, Ambassador of Georgia to China
LENG Yan, CCG Senior Council Member; Executive Vice President of Daimler Greater China
LIU Chang, Vice President of Knorr-Bremse Asia Pacific
Steven Lynch, Managing Director, BritCham China
Dario Mihelin, Ambassador of Croatia to China
Leena-Kaisa Mikkola, Ambassador of Finland to China
MIN Hao, CCG Senior Council Member; Founder, Chairman, and CEO of the Nanjing Easthouse Electric Ltd.
SUN Yongfu, CCG Senior Fellow; former Director-General of MOFCOM Department of European Affairs
Joerg Wuttke, President of the EU Chamber of Commerce in China
ZHOU YanliCCG Advisor; Former Vice Chairman of China Insurance Regulatory Commission
Helen Zhu, CCG Senior Council Member; Vice President of Sanofi China

This program will also be livestreamed on the web via the Baidu links and social media platforms below:

English language
Chinese language

Social Media
Youtube
Twitter
Facebook

17:30-18:30—Forum Special Online Program II: History at a Turning Point: Pandemic, Ukraine, and the Changing Relations between China, Europe, and the United States–Dialogue with Historian Niall Ferguson

Speakers

Niall Ferguson, Milbank Family Senior Fellow at the Hoover Institution, Stanford University
WANG Huiyao (王辉耀), CCG President, Vice Chairman of China Association for International Economic Cooperation (CAFIEC)

20:00-21:30—Forum Special Online Program III: Realigning the U.S.China Trade and Economic Relationship: Inflation, Tariffs, and the Way Forward – ChinaU.S. Think Tank Dialogue

Moderator

WANG Huiyao (王辉耀), CCG President, Vice Chairman of China Association for International Economic Cooperation (CAFIEC)

Speakers

(in alphabetic order)
Craig Allen
, President, US-China Business Council (USCBC)
Wendy Cutler, Vice President, Asia Society Policy Institute; former Acting Deputy U.S. Trade Representative
JIN Xu, President, China Association of International Trade (CAIT)
Adam Posen, President, Peterson Institute for International Economics (PIIE)
Jeremie Waterman, President of China Center and Vice President, U.S. Chamber of Commerce
YI Xiaozhun, former Deputy Director-General of World Trade Organization, former Vice Commerce Minister

Tuesday, June 21st

09:30-12:30China Globalization 30 Roundtable Experts Roundtable: China and Globalization in the 21st Century (Chinese language livestream, not available on Zoom)

Chair

Mabel MiaoCCG Secretary-General

Discussants

(in alphabetic order)
CHEN Zhiwu, Director of Asia Global Institute, Professor of Business School, Hong Kong University
DA Wei, Professor and Director of Center for International Security and Strategy, Tsinghua University
DONG Guanpeng, Vice President of China Public Relations Association, Dean of School of Government and Public Affairs, Communication University of China
GE Jianxiong, Director of Institute of Chinese Historical Geography, Fudan University
GU Xuewu, Director of Center for Globalization, University of Bonn
HU Biliang, Executive Director of the Belt and Road Institute and the Institute of Emerging Markets, Beijing Normal University
LI Xiangyang, Director of Institute of Asia-Pacific and Global Strategy, Chinese Academy of Social Sciences (CASS)
LIU Guoen, Dean of Institute for Global Health and Development, BOYA Distinguished Professor, Peking University
LIU Junhong, Director of Globalization Center, China Institutes of Contemporary International Relations (CICIR)
SU Hao, Director of Center for Strategy and Peace Studies, China Foreign Affairs University
XIE Tao, Dean of School of International Relations and Diplomacy, Beijing Foreign Studies University
XUE Lan, Dean of Schwarzman College, Tsinghua University
WANG Huiyao (王辉耀), President of Center for China and Globalization; Dean of Development Research Institute, Southwest University of Finance and Economics
WANG Ning, Zhiyuan Chair Professor, Shanghai Jiao Tong University, Foreign Member of the European Academy of Sciences
WANG Yiwei, Professor of School of International Relations, Renmin University of China
WANG Yong, Director of Center for International Political and Economic Studies, Peking University
WU Xinbo, Dean of Institute of International Studies, Director of Center for American Studies, Fudan University
WU Zhicheng, Vice President of the Institute of International Strategic Studies, Party School of the Central Committee of CPC (National Academy of Administration)
YANG Xuedong, Senior Professor of Political Science, Tsinghua University
ZHANG Shuhua, Director of Institute of Political Science, Chinese Academy of Social Sciences (CASS)
ZHANG Xudong, Professor of Comparative Literature & East Asian Studies, NYU
ZHANG Yunling, Member of Presidium of Academic Divisions of Chinese Academy of Social Sciences (CASS)

This session will also be livestreamed on the web accessible via this Baidu link (Chinese language only, no simultaneous interpretation).

Education and Seeing the “Swirl” of History

The tempo and rhythm of world events and world history are not captured in the linear and bland books one reads in schools and colleges where the sense of the stormy forward turbulence of the world is not communicated. Here’s an example that does communicate this “crazy dynamics”:

The leading historian, James Joll, in his excellent Europe Since 1870: An International History talks about gold and the gold standard in this way:

“The world supply of gold was diminishing, as the effects of the gold rushes in California and Australia in the 1850s and 1860s passed. This coincided with the decision in the 1870s of many of the leading countries to follow Britain’s example to use gold rather than silver as the basis of their currencyGermany in 1871, France in 1876 for example — so that the demand for gold rose just as the supply was temporarily declining. This in turn led to some doubt about the use of a gold standard and to much discussion about ‘bi-metallism’ and about the possibility of restoring silver to its place as the metal on which the world’s currency should be based, though this movement had more success in the United States than in Europe, where gold has now established itself firmly. By the 1890s however the discovery of new gold deposits in South Africa, Western Australia and Canada put an end to these discussions and uncertainties, as far as currency was concerned, for some fifty years.”

(James Joll, Europe Since 1870: An International History, Penguin Books, 1976, page 35)

These twists and turns and accidents or contingencies don’t communicate the real semi-turmoil surrounding all the decisions, which we can infer from the comment by a German politician in 1871, “We chose gold, not because gold was gold, but because Britain was Britain.” (Ian Patrick Austin, Common Foundations of American and East Asian Modernisation: From Alexander Hamilton to Junichero Koizumi, Select Publishing, 2009, page 99.)

Professor Joll delineates the emergent primacy of England:

“The establishment of London as the most important center in the world for shipping, banking, insurance-broking and buying and selling generally, as well as the growth of British industry, had been based on a policy of free trade.”

(James Joll, Europe Since 1870: An International History, Penguin Books, 1976, page 34)

The gold standard itself, dominated from London led to intricate problems: Golden Fetters: The Gold Standard and the Great Depression, 1919-1939 (published in 1992) by Barry Eichengreen, the leading historian of monetary systems, shows the downstream pitfalls of the gold standard.

In other words, the de facto emergence of Britain/London as the world commercial and policy center and the relation of this emergence to empire and international tensions and rivalries, means it is very problematical for any country to steer a course other than staying in tandem with British moods and ideologies, such as free trade. Any country by itself would find it difficult to have a more independent policy. (Friedrich List of Germany, who died in 1846, wrestles with these difficulties somewhat.) The attempts to find “autonomy and autarky” in the interwar years (Germany, Japan, Italy) led to worse nightmares. The world seems like a “no exit” arena of ideologies and rivalries.

The “crazy dynamics” and the semi-anarchy of the system, which continues to this day and is even worse, means that policy-making is always seen through a “dark windshield.”

History in the globalizing capitalist centuries, the nineteenth and the twentieth, is a kind of turbulent swirl and not a rational “walk.”

Following COVID-19 Evolution Carefully

JAMA Online First: Booster Vaccination to Reduce SARS-CoV-2 Infection

Association of a Third Dose of BNT162b2 Vaccine With Incidence of SARS-CoV-2 Infection Among Health Care Workers in Israel

by Avishay Spitzer, MD; Yoel Angel, MD, MBA; Or Marudi, MSc; et al.

[Archived PDF]

Editorial: Booster Vaccination to Reduce SARS-CoV-2 Transmission and Infection by Anna Wald, MD, MPH

[Archived PDF]

A National Strategy for the “New Normal” of Life With COVID

[Archived PDF]

False-Positive Results in Rapid Antigen Tests for SARS-CoV-2

[Archived PDF]

Characteristics and Outcomes of Hospitalized Patients in South Africa During the COVID-19 Omicron Wave

[Archived PDF]

Highlights From the American Heart Association’s Scientific Sessions—ApoB as a Risk Marker, an Oral PCSK9 Inhibitor, Aspirin and Dementia, and More

[Archived PDF]

Education and Causality Changes

Scientific classification
Kingdom:Animalia
Phylum:Chordata
Class:Mammalia
Order:Primates
Suborder:Haplorhini
Infraorder:Simiiformes
Family:Hominidae
Subfamily:Homininae
Tribe:Hominini
Genus:Homo
Species:H. naledi
Binomial name:Homo naledi
Berger et al., 2015

The box above shows you, if you reflect for a moment, how involved and hierarchical taxonomy can be. The box refers to the tremendous fossil finds around 2013 outside Johannesburg, South Africa by Professor Lee Berger of Witwatersrand University and his team and associates in caves nearby.

The fossil finds are determined to be “homo” and not “australo” as you see in the table above (to the right of the word genus).

The PBS NOVA program “Dawn of Humanity” (2015), is about the story of these fossil finds and the interpretations of the finds which are deeply instructive for all knowledge-seekers, students, etc. because they leave behind any idea of a linear clearly branching “tree of life” in favor of the “bushiness” of evolution (no clear tree structure) and the whole process finally seen as a “braided stream.” This refers to a geological concept of the multiple pathways and reticulations of glacial ice and snow melt going down a mountain valley to a lake. The rivulets, channels, are crisscrossing in a “fluvial” flow pattern that is so complex one doesn’t know exactly which “exact” water went into the lake. If you say the lake is “homo sapiens” (humanity) and the swirling bushy tangled flow is the evolutionary raw material, some final causality is elusive.
When a “braided stream” (this kind of glacial water flow) metaphor gets fused with a “bushiness” one, then one sees that the random factors and endless crisscrossing obscures linear mono-causal explanations as we always imagined.

If you imagine a time when these concepts are applied to history, economy, and society you can begin to sense many “causality revolutions” in front of us where today’s textbooks will seem charmingly naive.

Every student, enrolled or not, should ponder the concepts of “braided streamtaxonomy (shown in the initial table above) and “bushiness” as opposed to tree structure. The student might also “walk around” these metaphors and ask what they imply for the “fractal geometry of nature” (a twig is like a little tree or branch on a bigger tree or branch and so on).