Articles

The distinctive human characteristic of curiosity, once liberated from belief in supernatural causes of natural phenomena, has led with increasing speed to the brink of a world in which humanity will increasingly direct its own genetic endowment, raising the question of what we most value in being human and how to keep faith with it.

The arc of innovative progress has reached an inflection point, writes Ash Carter in The Atlantic. "Recent technological change that has brought immeasurable improvements to billions around the globe now threatens to overwhelm us. Making this disruption positive for all is the chief challenge of our time. We ourselves—not only market forces—should bend the arc of change toward human good. To do so, we must reinvigorate an ethos of public purpose that has become dangerously decoupled from many of today’s leading tech endeavors."

Lawrence Summers, the Harvard University professor and former Obama administration economic adviser, hasn’t been shy of late urging the Federal Reserve to refrain from raising short-term interest rates at its policy meeting this week. In a series of opinion columns and blog posts, Mr. Summers has argued that the time isn’t ripe for a move and that markets aren’t prepared.

"To harness the globally available technologies, African leaders will need to take into account the multisectoral dimension of African agriculture and pay particular attention to the urgency of investing in rural infrastructure, higher agricultural training and creation of regional markets."

A study of the 2011 controversy surrounding publication of Ron Fouchier and Yoshihiro Kawaoka's H5N1 avian influenza experiments reveals that U.S. intelligence analysts do not have adequate resources to evaluate dual-use scientific experiments, or to navigate the politics that characterize the use of technical expertise in biosecurity issues.

In his February 24, 2014  remarks to the National Association of Business Economics, Summers said, “I want to take up these issues -secular stagnation, the idea that the economy re-equilibrates; hysteresis, the shadow cast forward on economic activity by adverse cyclical developments; and the significance of the zero lower bound for the relative efficacy of monetary and fiscal policies.”

Africa is yet to adopt full scale technology-led development. Steve Mbogo spoke to the Director of the Belfer Center's Science, Technology, and Globalisation Project and professor at Harvard University Calestous Juma on the opportunities that await the continent as a late comer.

Despite widespread adoption of genetically modified crops in many countries, heated controversies about their advantages and disadvantages continue. Especially for developing countries, there are concerns that genetically modified crops fail to benefit smallholder farmers and contribute to social and economic hardship. Many economic studies contradict this view, but most of them look at short-term impacts only, so that uncertainty about longer-term effects prevails. The authors address this shortcoming by analyzing economic impacts and impact dynamics of Bt cotton in India.

Pierpaolo Barbieri, Ernest May Fellow at the Harvard Kennedy School's Belfer Center, says that "big, international banks like Santander and BVA are well diversified. Of the others, quite a few need capital — but how much? That's the unknown and Bankia has undermined faith in financial reporting."