You are currently browsing the daily archive for May 17, 2017.

China’s New Silk Road: The New Global Vision

By Shlomo Maital

Chinese President Xi Jing Ping has announced a bold new Chinese plan to rebuild and reinvent the old Silk Road – a road and rail project, linking three continents, Asia, Europe and Africa, guided and funded by China. Major pieces of the new Silk Road are already in place.   (see diagram).   The first cargo train from UK to China has already made a maiden voyage.

   The cost is staggering: one trillion dollars. And the criticism has come thick and fast, much of it from the U.S.

     So let’s put some historical context on this issue.

     In July 1944, world financial experts met at Hotel Washington, in Bretton Woods, New Hampshire, to reinvent the world economy.   They succeeded. At the conference they created all the institutions that led to globalizations, world economic growth and helped Asia in particular grow and prosper.

     There were two competing visions there. One, that of J.M.Keynes, the world’s greatest economist, was to create a World Central Bank that would create a global currency, bancor, to fund world trade and investment. Great idea. The other was that of a US Treasury official, somewhat disliked, Harry Dexter White, who worked closely with Secretary of State Henry Morgenthau. White insisted that the global currency already existed, and was called, the “US dollar’.   But wait — what if American interests wanted more dollars, and global interests required, say, fewer?   Obviously US interests would prevail. That has been the Achilles heel of the global financial system for 70 years. It appeared with a vengeance, when the US printed vast amounts of dollars in the wake of the 2008 financial collapse, probably too many, and caused housing bubbles and instability abroad.

             Bretton Woods was a huge success.   And despite its fixation on the dollar, US leadership in shaping the new global ecosystem was crucial.   Now, 73 years later, it is time to reinvent the global system. America is nowhere to be seen or heard; it’s America First time. History will show this was a huge mistake for America and very costly.

   Now it is China’s turn. China is working hard to advance China’s interests. That is obvious. What country does not!   The US did this unabashedly in 1944.   But the new global ecosystem needs leadership and money, and China is offering both. America has neither. President Trump has no clue about what globalization really is, and his plan to rebuild American infrastructure will take years, leaving no energy, time or money for helping the world. If “America First” prevails, the world comes second. So, forget about America.

         We need to become accustomed to a world in which the global leader, architect and financier is China. It will not be ideal. But when American voters abdicate from the world and choose Trump, there is a vacuum – and China has moved to fill it. So let’s stop whining and make the best of it.

 

Advertisements

Prairie Dogs: Do You Speak “Chien”?

By Shlomo Maital

       Suppose you are a biologist, choosing a topic for research. Would you choose to study, say, how prairie dogs communicate?   Probably not. Well, a Northern Arizona University professor named Con Slobodchikoff did. And what he found is amazing, and may change how we think about, and relate to, animals in general. And it shows how crucial it is for scientists to choose freely what they study – you never know where a breakthrough will come from.

       Prairie dogs live in underground colonies. They come up to forage, and are vulnerable to predators. So they are alert for danger and signal danger vocally.   Here is what Slobodchikoff found (reported in the New York Times, Science section, May 17):

       Prairie dog “warning calls” can identify and communicate the type of predator they spot; they also specify its size, shape, color and speed; they use their calls to structure a ‘message’ informing about a predator they have never seen before; and their calls are rich, informative and flexible.   Slobodchikoff believes this qualifies the prairie dog calls as a language.   It probably developed through evolution — prairie dog colonies better able to signal danger and state its nature in detail survive longer to procreate than less verbal counterparts. 

   The French called prairie dogs “petits chiens” because they thought they sounded like their small pets back home. So, we could call the prairie dog language “chien”.

     And thanks to Slobodchikoff, if we learn their chien language well, maybe we could communicate with prairie dogs someday.   This, in turn, might be helpful, if some day we need to communicate with aliens, in their language.

     How did Slobodchikoff figure out the chien language? Mainly, by having different people and dogs walk through the prairie dog colony, record their warning calls and then study them. He had people wear different colored T-shirts and traverse the colony, and then on a wire, sent different shapes and sizes of figures through it.

     Again, we are learning how sophisticated animals are, and how well they make use of their very tiny brains.   We humans boast of our huge brains – but perhaps we could make better use of them?  

 

Blog entries written by Prof. Shlomo Maital

Shlomo Maital
May 2017
M T W T F S S
« Apr   Jun »
1234567
891011121314
15161718192021
22232425262728
293031  

Pages