Available April 3
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"A major and timely contribution to a national debate that will only get more heated in the years ahead."
—Mohamed A. El-Erian, CEO of PIMCO
#whburning- "@justinwolfers: Romney will "finance a massive tax cut by cutting Medicaid..."- @ezraklein http://t.co/74lS2lit"; He is #whburning /SJ baselinescene (Baseline Scenario)
- Santorum profile: http://t.co/PdV2Osdi via @WSJ, but his fiscal plans would move US debt to Greek levels, #whburning baselinescene (Baseline Scenario)
- Paul Singer: "these countries are insolvent, with no hope of paying presently promised benefits," http://t.co/JHLMzxcX #whburning /SJ baselinescene (Baseline Scenario)
- Party of Higher Debts #whburning http://t.co/2VQo5rZV baselinescene (Baseline Scenario)
- RT @baselinescene: @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK BondBuyerJen (Jen DePaul)
- @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK baselinescene (Baseline Scenario)
- looking forward to this one rt “@baselinescene: What Is This White House Burning? #whburning http://t.co/kcwOLQga” andrewpowens (Andrew Owens)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/PmFHOsLv michpols (michpols)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/KoLJ0ugX JDreport (JDreport)
- What Is This White House Burning? #whburning http://t.co/PmFHOsLv baselinescene (Baseline Scenario)
Our Other Book


The People v. The Flu
In Plagues and Peoples, published in 1976, William McNeill argued that human history can be thought of as the co-evolution of our societies and the “microparasites” to which we are prone. The emergence of settled agriculture, major historial movements of people, and industrialization all brought with them new or more intense diseases. Eventually, most societies figured out how to survive – but of course some didn’t (see Jared Diamond‘s work for details) and many people died young along the way.
You don’t need to buy McNeill’s full view in order to take away the following point. We have to invest and innovate to stay ahead of disease – there is no sense in which these are likely to be completely ”conquered” – because they change as we do. Investments are needed not just in the relevant science, but also in how it is used to combat potential epidemics – as well as more general endemic disease.
As I argue this morning on the NYT’s Economix, regarding the current swine H1N1 flu outbreak, global public health officials are doing much better than our friends who watch over financial systems. In terms of reaction speed, communications, and the legitimacy of response agencies, economics has much to learn from the people who fight against epidemics. Continue reading →
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Tagged disease, McNeill, swine flu