Reviving the “Dinosaur of Trees”

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Giant redwood trees are beautiful to look at and are great for the environment. We need them now more than ever before. The redwoods filter air, water while also removing tons of carbon due to their sheer size. These trees are so precious that scientists are trying to revive an ancestor of the modern redwoods.

Using saplings made from the basal sprouts of these super trees to plant new groves in temperate countries around the world means the growths have a better chance than most to become giants themselves. Their ancestors grew up to 400 ft (122 m) tall and to 35 ft in diameter, after all, larger than the largest living redwood today, a giant sequoia in California’s Sequoia National Park.
Already, super saplings from the project are thriving in groves in Canada, England, Wales, France, New Zealand, and Australia. None of these locales are places where coastal redwoods grow naturally, but they all have cool temperatures and sufficient fog for the redwoods, which drink moisture from the air in summer rather than relying on rain. Milarch calls this “assisted migration.”


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GDPR Forces NYT to Serve Better Ads

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Online media companies were forced to rethink their advertiser policies last year because of the introduction of the GDPR. The New York Times decided to stop using ad services that tracked you across the web; exactly what the GDPR was designed to do. Most people claimed that because marketers can’t spy on you that media companies like the NYT will fail. The opposite has been proven true, revenues from advertising are up due to the fact that the NYT no longer uses these sketchy advertising services.

“The fact that we are no longer offering behavioral targeting options in Europe does not seem to be in the way of what advertisers want to do with us,” he said. “The desirability of a brand may be stronger than the targeting capabilities. We have not been impacted from a revenue standpoint, and, on the contrary, our digital advertising business continues to grow nicely.”


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Planning for a Zero-Growth Economy

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The economy is sometimes referred to as an entity outside of human control – it isn’t. We control the economy through policies and practices in each nation. The last half century focussed on growing the economy at the expense of all else from social care to the environment. We’ve seen massive growth in inequality alongside easier access to consumer growth. Given the state of the planet we know this won’t work for much longer. Accordingly, it’s time to rethink what we do to support economic growth and what kind of world we want to live in.

Meanwhile we could begin to boost quality of life simply by tracking it more explicitly: instead of focusing government policy on boosting GDP (the total dollar value of all goods and services produced domestically), why not aim to increase Gross National Happiness — as measured by a selected group of social indicators?
These are ways to make economic shrinkage palatable; but how would policymakers actually go about putting the brakes on growth?
One tactic would be to implement a shorter workweek. If people are working less, the economy will slow down — and meanwhile, everyone will have more time for family, rest, and cultural activities.
We could also de-financialize the economy, discouraging wasteful speculation with a financial transaction tax and a 100 percent reserve requirement for banks.

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California Launches Improved Reverse Income Tax Scheme

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California’s welfare system (EITC) includes subsidies sent annually for people living without income and that’s about to change. Under new rules the money given to people who earn less than minimum wage will be sent monthly. This is really good since it provides a stable, reliable, and regular sum every month; in theory this will reduce stress for the recipients.

The plan is more like reverse income tax than it is universal basic income. Regardless, it’s good to see one the world’s largest economies delivering financial care in a more efficient manner.

“The typical pattern with the EITC is that you get deeper and deeper into debt over the course of a year,” Ruben says, “and then you use the big payment at tax time to try to pay everything off and break even.” Giving people the option to receive the credit on a monthly basis will help people plan their budgets on a more immediate basis. Benefits like food stamps are delivered monthly, so families receiving both will have a more accurate sense of their financial landscape. And in months when a household finds itself on more stable financial footing, they might be able to put some of the tax credit money aside in savings. “What we’re seeing is the idea of the importance of a steady drumbeat of financial security throughout the year,” Ruben says.

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Newsom’s budget proposal aims to tackle these challenges. It will raise the household income threshold to over $30,000 (or what someone would take home working full-time at the projected $15 per hour minimum wage) to include more families. And the expanded funding will grant parents with children under six an additional $500 per year. That may not seem like a lot, Ruben says, but in focus groups run by the ESP over the past year, one woman said anyone who looks at that money and responds in that way “has never had to choose between paying rent and buying food.”



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Let’s Admit Intellectual Property is Nonsense

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Depending on your worldview Intellectual Property (IP) is either necessary or holds us back in terms of cultural (and economic ) development. IP applies to more than what you may think, it covers cartoons to medicine. What’s more, international trade has meant that the American approach to IP is spreading. This only favours the owners of existing IP while making it harder for new cultural works to exist. Thankfully this has been noticed by many thinkers and the conversation is changing.

The US Patent Act of 1870  and Copyright Act of 1976 treat patents and copyrights as kinds of property, therefore suggesting that intellectual property rights should be akin to tangible property rights: that is, ‘perpetual and exclusive’. But legal protections offered to intellectual property assets are utilitarian grants – they are neither perpetual nor exclusive. (Tangible property is said to be perpetual because it is yours till you dispose of it.) Their terms are limited and amenable to nonexclusive use. Patent law offers exceptions for experimental use, and prior-use rights for business methods; copyright law for fair use; trademark law for nominative use; trade secrets for reverse engineering and independent discovery.

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Legal protections appropriate for tangible objects – as the drafters of the US Constitution were well aware – are a disaster in the realm of culture, which relies on a richly populated, open-for-borrowing-and-reuse public domain. It is here, where our culture is born and grows and is reproduced, that the term ‘intellectual property’ holds sway and does considerable mischief.



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