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I Regine Humanics Annual Lecture 2019: Whither to Homo Sapiens: Delivered by Dr J Everet Green: April 06 in London
 

VII London Poetry Festival 2019: St Matthews at Elephant and Castle: Meadow Row: London SE1 6RG: October 14-15

 
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The World Economy Is Expected to See Steady Growth of 03% in 2019 Despite Risks: UN Report

 

 

 

|| January 21: 2019 || ά. The world economy grew at a steady 03.1 per cent last year and similar levels of growth are expected in 2019 but these headline figures mask growth that is uneven and, often, failing to reach where it is most needed, the Head Economist of the United Nations has warned on Monday. “We, still, have relatively strong growth but we do see rising risks on the horizon and an increasing likelihood that some of these risks, might, actually, materialise.” said Mr Elliott Harris, the United Nations Chief Economist, in comments coinciding with the launch of the World Economic Situation and Prospects 2019:WESP Report.

‘’Among these looming dangers, accelerating trade tensions are already having an impact on global trade and employment.’’ Mr Harris told the UN News. In addition, rising national debt is, also, crippling many countries’ ability to provide basic services but, this and other risks, such as, those from climate change and waning support for international co-operation, could be avoided or minimised, if, countries worked together to do so.’’ Mr Harris said. With mounting pressures in the areas of international trade, international development finance and tackling climate change, the Report underscores that strengthening global co-operation is central to advancing sustainable development.

Yet, these threats come at a time when international co-operation and governance are more important than ever, many of the challenges laid out in the 2030 Agenda for Sustainable Development are global by nature and require collective and co-operative action. Waning support for multi-lateralism, also, raises questions around the capacity for collaborative policy action in the event of a widespread global shock.

According to the WESP Report, published by the UN Department of Economic and Social Affairs, more than half the world’s economies saw growth accelerate in 2017 and 2018. Developed economies grew at 02.2 per cent in both years, while unemployment rates dropped. Among developing economies, East Asia and South Asia saw the strongest gains in 2018, at 05.8 per cent and 05.6 per cent respectively, while commodity-exporting countries continued their gradual recovery.

This improvement was, particularly, true for fuel-rich emerging nations, despite high debt levels, caused by a fall in commodity prices, in 2014-15. Although, the overall picture among developing economies is, largely, positive, many are, nonetheless, experiencing uneven progress, the UN Report cautioned, amid falling individual per capita wealth in several nations.

“Further declines or weak per capita growth are anticipated in 2019 in Central, Southern and West Africa, Western Asia and Latin America and the Caribbean, homes to nearly a quarter of the global population living in extreme poverty.” the Report noted.

‘’And, even, where growth is strong, it is, often, driven by core industrial and urban regions.’’ the WESP 2019 Report continued, ‘’such that rural areas are being left behind.’’

To overcome this and for poverty to be eradicated by 2030, the UN Report suggests that there will need to be both double-digit growth in Africa along with steep reductions in unequal pay levels. On the issue of trade tensions, it noted that these had led to a fall in global trade levels in 2018, from 05.3 per cent in 2017, to 03.8 per cent.

‘’And as a result of the United States-China uncertainty, the expectation is that trade volumes in 2019 will be lower still.’’ Mr Harris said. Government subsidies have to, some extent, softened the impact of the tariff hikes in the US and China, whose growth is expected to decrease from 06.6 per cent in 2018 to 06.3 per cent this year but the risk is that developing economies, may, suffer the fallout, too, unless the dispute is settled.

“If, the trade dispute becomes more widespread, we will likely to see disruptions of global value change. Bear in mind that the participation of global trade has been one of the ways, that developing countries have participated in the rising global prosperity and have accelerated their own developments. So, anything, that disrupts that, of course, will have a negative impact on their abilities to increase their levels of prosperity and to develop sustainably.”

This cautionary assessment is telling because the US in 2018 contributed more to global trade than Japan or the European Union, according to UN economists at UNCTAD, the UN Conference on Trade and Development, which contributed to the WESP 2019 Report. Rising interest rates in the US or a strengthening of the dollar, could, also, make matters worse for fragile emerging economies, the WESP Report noted, adding that many low-income countries have, already, seen a substantial rise in interest repayments on their debt.

These include Lebanon and Sri Lanka, where over 40 per cent of Government revenue is spent servicing its debt, as well as, Pakistan and Jamaica, where around a quarter of their budget is used to pay interest on national debt, representing a major constraint on public services. On the European Union’s prospects, the WESP Report estimates growth of two per cent for the next two years, with much stronger performances, potentially, from States, that became members since 2004. The pack is led by Poland, which saw its economy grow by five per cent in 2018.

The bloc’s biggest economy, Germany, is set to see more moderate growth, however, at 01.8 per cent, amid, potential, disruption to the domestic car industry from new technologies, new competitors and significant legal and financial consequences from past sales practices related to the diesel technology.

France is, also, set to see lower-than-average growth, 01.8 per cent, linked to its weaker export outlook, while the UK, 01.4 per cent, is projected to pay for trade uncertainty linked to its plans to exit the EU, with companies moving assets or diverting investment from the UK to the EU, the WESP 2019 notes.

The exiting the EU fallout, may, also, be felt outside the EU, the UN Report warns, with a possible 10-15 per cent decline in funding available to EU accession countries. In most Commonwealth of Independent States:CIS, which includes Russia, most, saw accelerating growth and slowing inflation last year, amid supportive commodity prices.

Despite this, overall growth is forecast to slow modestly this year to two per cent and 02.5 per cent in 2020, WESP 2019 suggests, amid concerns that strong expansion in smaller economies, may be, unsustainable, while lower public spending is expected in others.

Focusing on Russia, the UN Report notes that lifting the value-added tax:VAT rate, may, encourage inflation and curb household spending, while ongoing sanctions could deter investment from abroad. Other large commodity-exporting countries, such as, Brazil and Nigeria, should see a moderate pickup in growth in 2019-2020, albeit from a low base.

Noting robust growth in Central Asia’s Tajikistan, due to increased aluminium and gold exports, WESP 2019, also, suggests a much more positive future for the whole region, once China’s Belt and Road initiative becomes operational. Frequently hailed as a 21st century version of the ancient Silk Road trade route, the region should benefit from upgrades to countries’ railway, road and energy infrastructure, improved connections with China and Europe and better market access, the Report explains.

Elsewhere, South-Eastern Europe saw faster growth in 2018 and its overall gross domestic product:GDP is expected to expand by 03.7 per cent in 2019 and 2020. Serbia, the region’s largest economy, benefited from double-digit growth in investment amid strong performances in farming and construction, while Albania, also, saw solid economic performance, WESP 2019 noted, before cautioning that longer-term improvements risk being constrained, unless, there are improvements in industrial infrastructure and dependence on foreign financing.:::ω.

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Economist Professor Marianne Bertrand Awarded the Jan Söderberg Family Prize in Economics and Management for Her Work Focusing on Inequality

 

 

|| January 17: 2019: Lund University News || ά. Professor Marianne Bertrand at the University of Chicago Booth School of Business is the first recipient of the The Jan Söderberg Family Prize in Economics and Management. Professor Bertrand will receive the Prize and hold a lecture on March 12 in Lund, Sweden. The prize is made possible by the donation of SEK one million annually, for three years, from entrepreneur Mr Jan Söderberg and his family. Professor Marianne Bertrand teaches Economics at the University of Chicago Booth School of Business.

Her research interests cover the fields of economics, labour, development, corporate finance, political economy and psychology. Professor Bertrand’s published work focuses on some of today’s most important and controversial issues: inequality, discrimination, sexism, CEO compensation and social divergence. The Prize Committee finds her research to encompass an outstanding breadth, that exemplifies the potential in contemporary methods, such as, Programmed Algorithmic Machination:PAM, big data and randomised, controlled field experiments for addressing key questions in social science.

“Marianne Bertrand is one of the world’s most prominent applied micro-economists.” says Mr Fredrik Andersson, the Dean at Lund University School of Economics and Management, as well as, the Chair of the Prize Committee. “We see her work as an inspiration for researchers in both Economics and Management. Her focus on issues, such as, inequality and discrimination, also, align well with our core research agenda. It really is a pleasure for everyone involved to announce that Marianne Bertrand is the recipient of the first Jan Söderberg Family Prize in Economics and Management

“I find it most interesting to push the boundaries of economics. I am convinced that satisfactory answers to many of the questions, that interest me, can not be provided by solely looking at market incentives or restricting the human decision-making process to strict rationality assumptions.

For example, it is difficult to, fully, understand the sources of the gender wage gap or the sources of racial prejudice without tapping into the tools of Sociology and Psychology. Similarly, it is difficult to fully explore the sources and consequences of income inequality without paying attention to the role of political institutions, power and influence.” Professor Bertrand says.

“Most of my work tries to leverage rich data-sets to try to better understand the way society works, what motivates people and explain their decisions, why some people succeed and others don’t. Like all economists, I am interested in the role, that market forces play in shaping people’s outcomes but I am probably more interested than the average economist in the role, that psychology, culture, norms and institutions play in shaping these outcomes.” says Professor Bertrand. 

Marianne Bertrand’s research has had a substantial impact in both academia and policy-making. An important example is her paper on labour market discrimination, ‘Are Emily and Greg More Employable Than Lakisha and Jamal?’, which inspired a large literature on discrimination in economics and affected the way companies and governments screen job candidates.

Another example of her work on CEO pay, showing that senior executives were rewarded for ‘luck’ factors beyond CEO control and that better board governance is called for. The research helped shape stockholder and regulator efforts to overhaul executive compensation rules.

“I try to make sure that my research has policy relevance, even, if, I do not always succeed. One easily remains motivated to study these topics because of concerns about fairness and equality of opportunities.” Says Professor Marianne Bertrand.

Professor Marianne Bertrand is the Chris P. Dialynas Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. She was born in Belgium and received a Bachelor's degree in Economics and Master’s degree in Econometrics from Universite Libre de Bruxelles, Free University of Brussels, in the early 1990s. She moved to the United States and earned a Ph.D in Economics from Harvard University in 1998. She was an Assistant Professor or Senior Lecturer at Princeton University for two years before joining Chicago Booth in 2000. She has previously received several prestigious awards and honours.

The Jan Söderberg Family Prize in Economics and Management awards SEK one million to a leading international scholar under the age of 50 in the field of Economics and Management. The basis for the prize is: it shall be awarded to a person, who has made a discovery or contribution within the fields of economics and management of eminent significance and whose work has demonstrably renewed research and application in its domain. Read more about the Prize at lusem.lu.se.

The 2019 Economics and Management Day will follow the day after the prize ceremony. It takes place on March 13 and offers a full programme of inter-disciplinary lectures. This year’s theme: Investments in health: challenges for the 21st century.

Caption: Professor Marianne Bertrand is the Chris P. Dialynas Distinguished Service Professor of Economics at the University of Chicago Booth School of Business: Image: Lund University:::ω.

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Valio Dairying Into the Infant Formula Market in China As the Company Gets Export Permit

 

 

 

|| January 09: 2019 || ά. Valio, a Finnish company, in business since 1905, is a leading dairy business in Finland and a major force in the international dairy ingredients market.  Valio’s consumer-packaged infant formulas have received export permit from the Chinese authorities. These new export permit allows the Company to export its powdered infant formulas, manufactured at the Lapinlahti plant and ready-to-feed liquid infant formula, made at the Turenki plant, to China. 

Valio has exported milk powders and demineralised Valio Demi whey powders for industrial use in China since the 1990s. Finnish milk powders have been used, among other things, as ingredients for local baby food. In 2017, Valio started to export consumer-packaged milk powder to China. “We want to strengthen our position in China as a trusted supplier of high-quality industrial ingredients. At the same time, we are building a consumer product market.

Naturally, we are looking to generate new revenue but profitable growth does not happen in the blink of an eye. Valio is, as of yet, an unknown brand in China, so there is a lot to do. In the first phase, we are engaging in negotiations with potential customers.” says Mr Jussi Mattsson, Valio’s Category SVP.

“Competition for consumer attention between dairies is heated. In China, online stores, markets and baby supply store shelves are filled with choices from dozens of manufacturers. Valio’s strengths include Finland’s pure natural environment and extremely high-quality milk, provided directly by our owners, 5,000 Finnish dairy farms. Chinese parents want, most of all, safe food for their children.” says Mr Mattsson.

Valio has invested in producing high-quality powders and infant formulas for several decades. In 2014, a new powder plant was opened at Lapinlahti, meeting the most stringent of quality criteria. Since the 2010s, China has been revamping its food legislation and permit procedures for imported food products. Many Valio production plants have already received approvals to manufacture milk powder, cheese and butter for the Chinese market. 

About Valio: Valio, offering the taste of Nordic nature since 1905, is a brand leader and the biggest dairy business in Finland and a major player in the international dairy ingredients market. The company is owned by dairy co-operatives comprising some 5,500 dairy farmers. Wellbeing is at the heart of Valio’s world leading technology innovations, expertise and products, that are made from clean Finnish milk and other ingredients.

Our product development follows in the footsteps of Nobel Prize winner A. I. Virtanen, and the company holds 350 patents in 50 countries. Our efforts to improve animal welfare are resolute and we know that only healthy cows can produce premium milk products. Valio’s milk ranks among the cleanest in the world and we have zero tolerance for antibiotic residue in milk.

Valio has net sales of EUR 01.7 billion and is Finland’s biggest food exporter. Valio products are found in some 60 countries and account for 25% of Finland’s total food exports. Valio seeks strong growth in international markets and has subsidiaries in Russia, Sweden, the Baltics, USA and China. Caption: Image: Valio:::ω.

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The Institute for Fiscal Studies at 50: Many Celebratory Events: Reception Event: May 09

 

 

 

|| January 08: 2019 || ά. The Institute for Fiscal Studies:IFS was founded in 1969 and for the last 50 years it has been providing high quality, politically independent analysis. Initially established to inform and improve UK tax policy-making through evidence and research, the organisation’s remit and expertise have significantly widened over time. The IFS now covers important topics, such as, education, health, public finances, retirement, consumer behaviour, overseas development, tax, inequality and poverty and the agency aims to freely publish all its research and much of the data generated through its works so that other researchers and those working in relevant fields can fully scrutinise and benefit from these vital and essential works.

To mark the beginning of the 50th anniversary year of the organisation, Mr Paul Johnson has written a column in The Times arguing that the need for independent thinking in analysis is greater than ever and that organisations, like the IFS, are important for holding governments to account and bridging the gap between academia and policymakers. The aware readers are conversant with the vital works IFS does and why these essential works, research and analyses and reports are so vital for the very expressions ‘informing the public and public debate and public discourse’ about the public policy will have no meaning whatsoever, were there to be nothing put before the public so to be informed with authentic, credible and vigorous information, data and sharp, intelligent and questioning analysis, comparative modelling and commentary and the public is left with a Soviet Style Government ‘statement’, which, they just have to accept and take on face value. This is why it is vital, that agencies, like the IFS and, in this, Mr Johnson is absolutely right, keep on going and strengthening its works and research.

50th Anniversary Events: The British economy is going to face a number of big issues over the next fifty years. Whether it is reforming the tax and benefit system, managing an ageing population or, preparing for the workplace of the future, there are plenty of challenges and opportunities ahead.

We will be holding a series of events throughout the year where we draw on our 50 years of experience to consider these big issues and discuss what evidence-based analysis can tell us about how to understand and respond to them. These events will feature expert insight from IFS researchers and key commentators on each topic and will all be chaired by IFS Director Paul Johnson. There will be plenty of time for discussion and debate and each event will be live-streamed for those unable to attend. You can book your free place at these events on our website.

IFS at 50: The Future of Benefits: February 27: 18:30-20:00, Royal Institution , London: Debates about welfare policy are invariably controversial, going right to the heart of what kind of society we want to be. Focusing on working-age social security, Mr Robert Joyce will initiate off the event by setting out the trade-offs, that make this such an important and difficult area, how and why our approach has changed so radically over time and how evidence can help us design policy better. He will, then, join Sir John Hills, LSE and former IFS researcher, Lord Freud, Author of the 2007 Freud Report on the welfare-to-work system and Ms Liz Sayce, Member of the Social Security Advisory Committee and former Chief Executive of Disability Rights UK, to discuss how we should tackle the big challenges we face going forwards.

IFS at 50: The Future of Tax: April 03: 18:30-20:00, Royal Institution, London: Tax underpins everything the government does and is, often, used by policy makers to try to shape the economy. Tax is, also, central to citizens’ views on whether our society is fair. Ms Helen Miller will look at how tax has changed in recent decades and what it means to aspire to a well-designed tax system. She will, then, join Mr John Kay, The Financial Times and former IFS Director and Mr Ben Page, Ipsos Mori, for a conversation about how taxation will have to change to address the challenges of the future.

IFS at 50: The Future of Income in Retirement: June 25: 18:30-20:00, Royal Institution, London: In the context of demographic change, among other trends, how will the incomes of pensioners in the future be supported? MR Carl Emmerson will look at how our pensions and savings system has worked to support retirement incomes and what recent developments could mean for the future. He will, then, join Sir Steve Webb, Royal London, former Pensions Minister and IFS alumnus and others to be confirmed for a conversation about how we should think about supporting future generations of pensioners in the decades to come.

There will, also, be further events in the series later in the year on important topics, such as, the future of education and the future shape of the state, as well as, other activities, including, ones outside of London. Please keep an eye on our 50th anniversary page for more announcements throughout 2019.

Save the Date: May 09: The Institute for Fiscal Studies will be marking the occasion of our 50th anniversary with an event and drinks reception held on the evening of May 09 in central London. More details will be available on our website in coming weeks.  

Support the IFS: Help us to inform and improve government policy and public debate through high-quality, independent research. Almost, all of the Institute’s income is raised through traditional research funding, a reflection of the very high quality of our work. However, this doesn't cover everything we’d like to do, particularly, when it comes to providing quick responses to policy announcements.

This year, we've launched a new individual membership scheme, that will help us to be flexible, commenting on policy as it happens and to continue to provide everything we do free of charge to everyone on our website.

We're grateful for any donations you are able to spare but, everyone, who chooses to donate at least £05 per month will become an IFS member and will receive membership benefits.:::ω.

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The Institute for Fiscal Studies: The New Edition of IFS Journal Fiscal Studies on Exiting the European Union: Exploring New Evidence and Policy Perspectives Has Just Been Released

This was found at a public telephone booth in west London on the day after the European Union Referendum

 

 

|| December 19: 2018: James Cloyne: IFS Writing || ά. The New edition of IFS Journal Fiscal Studies has just been released, which is edited by Mr James Cloyne, who writes from the Editor’s Desk and offers an overview of the Journal’s presentations: The United Kingdom's prospective exit from the European Union is one of the most significant events in UK political and economic life in a generation. It has the potential to generate profound effects on the UK and Europe for many years to come.

Understandably, the issue has dominated the news and the popular debate for well over two years and is likely to do so for the foreseeable future. Estimates and predictions about the economic effects abound. But, at the time of writing, Brexit has yet to happen. And, since negotiations are ongoing, the details about many important issues remain uncertain or, at least, will continue to be negotiated and debated well after March 2019. Analysing the consequences of Brexit is no small order. The UK's relationship with the EU has been forged over many decades and is complex. Implementing Brexit is also, therefore, complex. Understanding the consequences and assessing the different policy alternatives will require an evolving research effort.

In this special issue of Fiscal Studies, we publish five new papers by researchers who are world experts in issues of immigration, trade, firm performance, industrial policy and the effects of uncertainty.

There has been much focus on predicting the overall economic effects of Brexit. But, until Brexit occurs, it is hard to know what the future relationship will look like. The articles in this special issue do not attempt to provide overall forecasts about the economic costs and benefits of Brexit. Rather, in keeping with the traditions of Fiscal Studies, they focus on new empirical analysis, new data collection and an evaluation of different policy options. The authors examine five important, but by no means exhaustive, topics: the nature and effect of uncertainty on firms, the response of the stock market to Brexit so far and some specific issues regarding immigration, trade and industrial policy post‐Brexit. The authors attempt to document the nature of the UK economy along these dimensions and its current relationship with the EU. Informed by this, several articles then analyse what the effects of different policy options might be. These papers are part of a wider research effort by a number of researchers and institutions to help inform the formation of public policy around Brexit. 

Articles include: 

Brexit and Uncertainty: Insights from the Decision Maker Panel

Nicholas Bloom, Philip Bunn, Scarlet Chen, Paul Mizen, Pawel Smietanka, Greg Thwaites, Garry Young

The Economic Effects of Brexit: Evidence from the Stock Market

Holger Breinlich, Elsa Leromain, Dennis Novy, Thomas Sampson, Ahmed Usman

Off EU Go? Brexit, the UK Labour Market and Immigration

Jonathan Wadsworth

The UK's Participation in Global Value Chains and Its Implications for Post‐Brexit Trade Policy

Pieter IJtsma, Peter Levell, Bart Los, Marcel P. Timmer

Industrial Policy in the Context of Brexit

Nicholas Crafts

Fiscal Studies is a peer-reviewed journal of applied public economics, published by the Institute for Fiscal Studies. All Fiscal Studies articles are available from the IFS website.:::ω.

: This piece is written by Mr James Cloyne: IFS Studies Journal Editor:

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Where to Live and What and How to Eat and Drink: Or the Political Economics of Health and Place: Neighbourhood Affects the Healthiness of Dietary Choices

 

 

|| December 18: 2018: University of Turku News: Heikki Kettunen Writing || ά. A new Study shows that living or moving to a neighbourhood with a higher socio-economic status is clearly associated with better adherence to dietary recommendations. Researchers studied the connection between neighbourhoods’ socio-economic status and dietary choices from data covering over 16,000 Finnish adults. Researchers from the University of Turku, Finland, studied how the neighbourhood’s socio-economic status affects people’s adherence to national dietary recommendations.

Dietary habits were reported with a short survey and, on the basis of the answers, the researchers formed an index, which describes the correspondence between eating habits and national dietary recommendations. Information on the neighbourhood socio-economic status was linked to the participants with address co-ordinates, using the national grid database of Statistics Finland. The database contains information, that is based on all Finnish residents on social and economic characteristics at the level of 250m x 250m grids.  

‘’The socio-economic well-being of the neighbourhood was measured with education level, household income and unemployment rate. The results were independent of the participants’ own education level, economic situation, marital status and health.’’ says the Study’s Lead Author, Docent Ms Hanna Lagström from the Public Health unit of the University of Turku.

Half of the participants had lived in the same address for the entire six-year follow-up. The same phenomenon was discovered among those, who had moved to the neighbourhood and those, who had lived there the entire time: people living in a neighbourhood with a lower socio-economic status had a lower score in the food index than those living in a more prosperous neighbourhood.

‘’Of the single food items, people living in neighbourhoods with a higher socio-economic status ate sausage, meat, fish and vegetables according to recommendations, whereas people in the less prosperous neighbourhoods, more often, adhered to the recommendations concerning dark bread and consuming alcohol. The consumption of non-fat milk, fruits and berries did not correlate with the neighbourhood socio-economic status.’’ says Ms Lagström.

She finds it, especially, interesting that people, who moved to a neighbourhood with a higher socio-economic status ate more healthily than those, who moved to a less prosperous neighbourhood. 

‘’This could implicate that neighbourhoods can offer a very different selection of food items and, therefore, narrow the opportunities to improve one's diet or to follow the recommendations.’’ she says.

The publication is related to the Health and Social Support follow-up study, commenced in 1998, where topics related to health, functionality, psychosocial factors, life events and work history are studied with surveys and register data. The research results are based on surveys conducted in 2003 and the participants’ history of moving between 1998 and 2003.

The HeSSup research project is conducted together with the Universities of Tampere and Helsinki, as well as, with the Finnish Institute of Occupational Health and the Finnish Social Insurance Institution Kela.

The Paper: Neighborhood socio-economic status and adherence to dietary recommendations among Finnish adults: a retrospective follow-up study: Hanna Lagström, Jaana I. Halonen, Ichiro Kawachi, Sari Stenholm, Jaana Pentti, Sakari Suominen, Mika Kivimäki and Jussi Vahtera: Published in the Health and Place journal

: This piece is, originally, written in Suomi, by Heikki Kettunen and translated into English by Mari Ratia:::ω.

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The Long Walk to Ithaca

Until Humanity has achieved the conditions to fully discard capitalism and put it in the archives of history of human development and begin to craft humanics, it must be brought under, run and managed by the rule of law and the absolute yardstick of that law must be that it must always serve the entire people of a country:nation. Capitalism cannot, as it stands, nor can it be modified to do so, so long it remains a system of money to make profits, deliver 100% employment. Never can it deliver this. Thus, societies cannot 'punish' the poor and jobless people, who fill this 'basket' perpetually, for its failures and injustices that it causes. And thus, it is High Time the Progressive Parties and Forces Across Europe and the World Must Commit to a Guaranteed Universal Income, a Guaranteed Home, a Guaranteed Education Up to College, a Guaranteed Job and Guaranteed Access to Free for All Healthcare at the Point of Need for All Citizens: The Humanion

No company will ever let you make this, the image above, while they pay you to work for them. Only you can do it, if you work for 'yourself'. This is the deficit of our existing Political Economics because it wants to give people 'jackets' to wear, ignoring the fact, whether these jackets fit people or strangle them, and most fundamentally, ignoring the fact that people themselves have their own jackets and they look the most at home wearing their own jackets. The Political Economics that is built on letting people create, make and shape their own 'creation', wearing their own jackets for the benefits of others so that they know that they are able to be the best of what they are capable of and bring the best out of themselves. And only than, the 'creation' belongs to the worker, not to consume for one cannot and does not consume one's own creation, but to give for giving is the highest of what humanity is and can ever be and one cannot give something that one is not, that one has not created, for nothing else belongs to a creator but that what she:he creates, that what one has become. Because the 'creation' now belongs to the worker, she:he can now truly offers that as her:his contributions to the wider and greater society for its benefit; society, in turn, offers its gracefulness, thankfulness, appreciation and gratitude by respecting that contributions and offering her:him in return, the dignity, safety, security, peace and means, mechanics, measures and culture to live in natural justice. We are nowhere near there yet. But 'I have a dream.......... as Martin Luther King Junior once said or that it is a Long Walk to Freedom as Nelson Mandela wrote... it is indeed a long walk to liberty, equality, purpose, meaning and natural justice. But we are bound to Ithaca and the walk, no matter how long, how arduous, how difficulty-strewn, how hostile and tiring, we shall continue to carry on walking towards Ithaca....

End Homelessness The Humanion Campaign

 

 

 

 

 

The Humanion Political Economics

Please, send in news, views, reviews, analysis, forecasts, trends, initiatives, funds and investments news that are promoting Green Investment and Sustainable Economics. Economics that does not function and run on the soul basis of generating and managing human resources and wealth in a green and sustainable manner and path is a poisonous economics that supports the suicidal path both for the human kind and the earth; as well as harms all other life forms, environment and ecology. The purpose of economics is not to count and manage 'money' but nurture, foster, develop and enrich the 'resources', which include human, financial, natural, biological, scientific, artistic, cultural, material and cosmological resources, for the soul purpose of supporting, enabling and fostering life and living on earth, in the Solar System in the Universe. However, please, note, if your company has a website, that does not clearly say who run the company, where it operates from, what kind of company it is, who are in its leadership and the other groups, anyone, who has set up a website, where they use all sorts of evasive expressions, phrases and clichés, that one can find in thousand other websites but there are no details of the humanity behind the entity,  The Humanion won't use materials from any such organisations. The Humanion does not dehumanise itself nor would it accept others dehumanising themselves, thus, dehumanising us. And from those companies or websites, where people are simply Jack or Mack or Pike without even a full human name: No, Thank you. Please, send materials, all stories must come with texts, images and any other items directly sent as attachments. No weblink  or forwarding address. Unless sent this way, The Humanion won't be able to cover your story. Please, send materials to editor at thehumanion dot com

Please, Note: The Humanion Does Not Give Investment Advice

The Humanion does not offer investment advice. Investment of any kind has risks as the value of investment may go up as well as down and, most importantly, past performance of a particular 'fund':any 'fund' is not a guarantee of similar future performance but a guide only. It is, therefore, paramount to seek to make investment decisions, having acquired enough facts:knowledge about the entity being considered for investment from well established and legitimate sources including relevant professional:financial bodies and government departments:agencies, and having consulted professional investment advice from bona fide, qualified financial advisers. Only than, one is likely to be able to make an informed choice and decision about an investment. The Humanion

Valo Therapeutics: Bringing Vision Into Science and Medicine

|| February 04: 2017 || ά. Valo Therapeutics or Valo Tx, for short, is a spin-out company from the University of Helsinki, Finland. Valo Tx has assembled a uniquely talented team of oncolytic virus experts, who together with the founding scientist have the necessary expertise to take this patented technology through clinical development and make it available to patients. The management team has a proven track record of developing successful companies from a laboratory idea to a full stock exchange listing.

The Business Concept: Valo Tx is positioned to transform the field of immunotherapy for a wide range of cancer types. Valo Tx's technology uniquely combines the best qualities of two distinct clinically proven cancer immunotherapy concepts - peptide vaccination and oncolytic virus-based immunotherapy. Building on an existing and recently FDA-approved approach for use of oncolytic viruses, Valo Tx has developed a proprietary, genetically modified adenovirus that will form the basis of its therapeutic approach.

Equality and Liberty are two states that define, determine, and shape what humanity is, can be;
what it aspires to be and what it can seek to create and achieve in order to craft a meaning
of its existence. Without these two, Humanity will continue to live an inferior life than what
is possible until the two halves: all individuals in them: that makes it, are all absolutely, 
fundamentally and jubilantly Equal and all are at Liberty. Here, is Laura Boldrini:
President of the Chamber of Deputies: Italy. Towards Gender Equality we march:
Image: Laura Boldrini's Website: The Humanion

 

 

 

 



 

 

 

 

Carolyn Fairbairn: CBI Director General

Dupsy Abiola, Founder of Intern Avenue

Aowen Jin: An Artist at Work

 

 

 

 

 

 

 

 

 

They Go Up and Down: Prices of Currencies, Assets, Capitals and Investments and the Machines, Devices and Technology Get Worn Out, Softwares Become Obsolete: But the Only Capital That Never Loses Its Value But Actually Increases It is the Human Capital

 

 

 

 

 

 

 

 

 

 

This young surgeon is the 'miracle' of this human wealth for she is going to get better and better and better at what she does. The older she gets, practising and learning, the higher most value she is, to her place of work and for her nation, for her people and for humanity.

The Trap or Bondage of Choice

End Homelessness The Humanion Campaign


|| January 26: 2017 || ά. The Grapes of Wrath: John Steinbeck: People go hungry and die in their millions, children suffer from malnutrition and its devastating consequences and die in their millions, people suffer in hunger, cold and desperation, living on the street in their millions, millions have no job, millions have no home, millions live in perpetual destitution, hundreds of millions live and die without ever having been to a school, millions die of preventable diseases: all this happens because we, the humanity, do not choose as Ma wants us to do and we ask the wrong question, 'Can we?' instead of 'Will we?' Or rather, we do not choose what is good for all of us but simply what is good for ourselves alone. 

And this is what, The Humanion calls the 'Trap' or 'Bondage' of Choice that we, the 'normals' make. We want to keep our jobs, our homes, our cars, our holidays, our life-styles and our security and we do all to ensure this happens for us and we simply choose to reside in this 'trap', in this 'bondage' so that we, with willful choice, decide to continue to ignore, to look away, to not see and to not think and to not do anything to ensure everyone is having the same 'good' that we have access to. And what is worse, we simply, stay in that bondage because it offers us the comfort zone. We live and enjoy life while we make ourselves think and believe that it is not our duty to think, to ask, to seek to change, to make better.

And nothing is good if it is not good for all. Natural air is good for all and it is therefore, good for A, B and C but polluted air is not good for anyone neither for all nor for A, B and C. But we, being A, B and C, choose to build our 'mini-green-houses' where we seek to get fresh air to breathe while every one else, who cannot do so live and die breathing polluted air and we see nothing wrong in this. And here is the point: who is to make us wake up and see selfishness is the true enemy that continuously keeps on eroding our very humanity, this selfishness by which we choose to live by.

This human being, in the image above, must be the child of a set of parents, she must be a daughter, a grand daughter, an aunt, a sister, a cousin, a colleague, a friend, a fellow of other humans who are us, this We. But we find it acceptable that she is living on the street because we first dehumanise ourselves so to be able to dehumanise the rest of humanity so that we can look at her and see her not as one of us, as one of our flesh and blood, as one of our kith and keen. Why and how do we find this acceptable? But because we do find it acceptable and we choose to continue to accept it, she and many, many others like her, live, suffer and die on the street in the most horrible state of suffering that we normals have hardly any understanding or comprehension about?

For how could one who has not suffered hunger, who has not known the bitter cold, who has not been shattered by the sheer cold and terrible force of the cold wind that gets worse because of hunger, who has not got wet by rain and heated by too much sun, who has not been thirsty, who has not been abused, shown absolute contempt and disregard and been spat at, kicked about and physically assaulted by other humans, understand such an agonising existence, such a desperate and such a devastating state of suffering? And yet, we accept this as the human condition but conditions, human or otherwise, do not and cannot set themselves up; it is us that set or create the conditions. Through our choice we decide, shape and create whatever conditions we want to see arising out of our being human to create the ecology that supports, nurtures, fosters, protects, enhances and empowers humanity. But instead, we choose to do it only for ourselves.

But what we normals do not understand is this that this infinite suffering creates infinite amount  of what John Steinbeck called, The Grapes of Wrath and that is going to rise and tear down the world of the normals, that will bring down the entire thing, unless the normals wake up and realise the choice that needs to be made, must be made. And this choice is simply this that we ought to choose what is good for all and not for just us, the normals. The signs of the Grapes of Wrath are allwhere to be seen in the world; except the evil and nasty forces are seeking to manipulate, use and get these grapes of wrath to support their nasty agenda that will bring infinite suffering to all and yet, these evil forces shall not be able to nor are they capable of nor do they want to bring about 'good' that is good for all. And one looks in Europe and one sees that this is happening all over Europe. One looks out and finds America and it is happening there, too. One looks out and surveys the entire world and it is happening all over the world.

Parallel to this infinity of human misery, agony and suffering is this new reality of 'protectionism' whereby we normals are seeking to support efforts towards the rise of isolationism, putting up borders and closing all that can be closed to ensure and let the extreme nationalism bulldoze all that it thinks must be destroyed and in this  'we the normals' see ourselves as protected and our 'prosperity' and life-styles guarded. But capitalism cannot grow prosperity without selling its goods, products and services so it must go out into the world to sell so to make profit. Putting up borders, walls and the stranglehold of protectionism and isolationism is not going to serve capitalism and us, the normals in the long run for this mythical prosperity shall crumble if capitalism cannot do business, sell and make profit from the world that we support to be closed off from our shores. In the long run it is not going to help anything.

Further to this point, we support efforts to make this isolation and protectionism to close the world out but we want the money, the profit must continue to come in to support our life-styles, safety and security while we want simply to leave the rest of the world with the 'mercy of the elements' because it does not concern us. And this, too, is not going to support our interest in the long run and just remember what is going on the world, in the middle east, in asia, in africa, in latin america and all other places of the world: the wars, the conflicts, the violence, the economic desperations, poverty, hunger, malnutrition and the ravages of all the diseases and the refugees and the migrants and what the responses to their plights from this normals' world. One cannot live in a closed off house where all the roads, streets and alleyways are closed off, where all the doors, windows, ventilations and all other openings are closed off. If, metaphorically speaking, a human soul closes itself in such a house, in such a locked down situation, in such isolation, it means only one thing, that this soul is severely ill and has chosen to wait for death; except this death will be most agonisingly slow and most terribly painful and most desperately lonely and sad. 

And yet, the suffering multitude continues to suffer but they will not simply be washed away, they simply cannot be ignored and put under a 'mythical carpet.' And yet, let's go back to the Trap or Bondage of Choice: we, the normals vote for a Party that does nothing to change or make better these conditions but they get our support because we think and believe this Party is going to ensure our 'mini-green-houses' are safe and intact. And we decide, choose and convince ourselves to ignore this fact that they are going cut away the very support to the poorest, the most vulnerable and the most helpless of society. We simply do not even think about that because we do not want to 'risk it'. So we vote for this Party. Worse still, we vote for parties that are, the ultimate social evil, because we believe that this will make our 'normal world' safer and protected, even if it means most of the people of humanity will suffer these nasty forces wracking havoc of assaults on and against them. But we vote for these parties and they are using all means possible to use the down-trodden's Grapes of Wrath to advance their own nasty agenda that simply is anathema to what humanity and human existence are about. ω.

Whatever Your Field of Work and Wherever in the World You are, Please, Make a Choice to Do All You Can to Seek and Demand the End of Death Penalty For It is Your Business What is Done in Your Name. The Law That Makes Humans Take Part in Taking Human Lives and That Permits and Kills Human Lives is No Law. It is the Rule of the Jungle Where Law Does Not Exist. The Humanion

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All That You Need for Medicine: A Medical Heat Sensor Supporting This Device

Image: Ovenind

Photo-Speak: Learning and
Innovation Show Us That
There is Always a Better Way 
of Being, of Becoming and of
Imagining and of Creating

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Haaga-Helia Finland

Life's Laurel Is You In One-Line-Poetry A Heaven-Bound Propagated Ray Of Light Off The Eye Of The Book Of Life: Love For You Are Only Once

 

 

Life: You Are The Law The Flow The Glow: In Joys In Hurts You Are The Vine-Songs On The Light-Trellis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

|| All copyrights @ The Humanion: London: England: United Kingdom || Contact: The Humanion: editor at thehumanion.com || Regine Humanics Foundation Ltd: reginehumanics at reginehumanicsfoundation.com || Editor: Munayem Mayenin || First Published: September 24: 2015 ||
|| Regine Humanics Foundation Ltd: A Human Enterprise: Registered as a Not For Profit Social Enterprise in England and Wales: Company No: 11346648 ||