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Daily Archives: April 7, 2017
Trump, Xi Jinping, and the US Economy – American Center for Democracy (registration) (blog)
Posted: April 7, 2017 at 9:23 pm
By Daniel Corin and David Hamon, ACD's Economic Warfare Institute Tuesday, April 4th, 2017 @ 9:40PM
President Donald Trump will be meeting his Chinese counterpart on Thursday negotiate economic and security matters. But while Mr. Trump is confident he will make America great again, the country can barely afford both butter and guns.
The national security of the U.S. relies heavily on the robustness of economic growth. The faster the economy grows, the more revenue pours into state and federal government coffers, feeding greater security. More importantly, the President may fund additional defense and intelligence requirements without imposing politically sensitive cuts to domestic programs.
For instance, President Trump announced that he aims to increase defense spending by $54 billion in fiscal-year 2018. To do this without increasing the deficit, he proposes cutting an equal amount of spending from other federal programs. Higher economic growth would make it easier to do this. In fiscal-year 2016, defense spending came in at 2.8% of nominal GDP. Had GDP grown just one percentage point faster (3.9% instead of 2.9%), and assuming defense spending remained at 2.8% of GDP, the Pentagon would have an extra $5 billion to spend. If the economy grew three percentage points faster, the military would have $15 billion in additional money to spendmoney that would not have to come out of the budgets of any domestic programs.
The Heritage Foundations recent release of its annual Index of Economic Freedom is cause for concern. According to Heritage experts, only five countries were deemed economically free: Hong Kong, Singapore, New Zealand, Switzerland, and Australia. The United States (along with 28 other countries) fell into the category of mostly free. Overall, the United States ranked 17th in the world in economic freedom. Rounding out the list of countries ahead of the US: Estonia, Canada, United Arab Emirates, Ireland, Chile, Taiwan, The United Kingdom, Georgia, Luxembourg, the Netherlands, and Lithuania.
When compared with earlier years, Heritages index indicates a disturbing trend for the economy of the United States. The first graph shows the freedom index of the US since its inception in 1995. There was a somewhat steady upward movement for the first 11 years, leveling off in the two years before the onset of the Great Recession. Since 2009, the U.S. index has shown a steady decline, falling to its lowest level ever.
[It should be noted that Heritage incorporated some changes to its methodology this past year, adding two additional categories. Heritage didnt go back and update country indexes for previous years. Thus, one should be cautious when drawing conclusions based on the time-series as the indexes of the earlier years used a slightly different methodology.]
Regardless of methodology, the index shows an economy growing less free over the past nine years. Much of the decline reflects the implementation of various government programs and regulations designed to stem the tide of the 2008/2009 economic downturnargued by some economists as necessary to forestall another Great Depression. The point is debatable. What is true is the United States, compared with the rest of the world, ranked 4th in 2007, fell to 17th in 2017.
The Great Recession was a global eventimpacting most of the major economies. Manyif not allof these countries implemented the same government programs and regulations as the US. One would expect that the USdespite its falling indexto maintain its relative ranking in the freedom index as they too enacted anti-recessionary programs. Instead, thirteen countries passed the U.S. over the past ten years to be labeled more economically free. But the news is worse: also, there are 13 other countries that are within three points of the United States. Put bluntly: the US is nowhere near the economic leader perceived by many.
This embarrassment should give Congress a pause for concern. Three of the countries with a higher index in 2017 are former Soviet Socialist Republics (Estonia, Georgia, and Lithuania). Two others (Chile and Taiwan) were dictatorships a generation ago; a third is a Middle Eastern country ruled by emirs (UAE.)
Heritages Freedom Index is made up of twelve categories: Business Freedom; Trade Freedom; Fiscal Freedom; Government Spending; Monetary Freedom; Investment Freedom; Financial Freedom; Property Rights; Freedom from Corruption; Labor Freedom; Judicial Effectiveness; and Fiscal Health (the last two were added this year.) These categories revolve around the scope of central government intervention in the economy. This is not to say that government in unnecessary: it is essential for the protection of property rights, the rule of law, anti-corruption, and to regulate interstate commerce. The problem: regulations make it difficult to open a business (Business Freedom/Freedom of Corruption); high taxes and regulations on capital (Investment/Financial Freedom); and increasing debt to fund an expanding federal government (Fiscal Freedom/Fiscal Health).
The chief reason for the poor performance of the American economy is the federal government. Since the dawn of the Obama administration, Washington has greatly increased spending, racking up trillions of dollars in debt. The Federal Reserve made unprecedented interventions in monetary policy (quantitative easingQEI through QEIII); and Dodd-Frank and the Affordable Care Act (to name but two) placed many onerous rules and regulations on capital markets, burdening businesses both large and small. One reaction: the revival of anti-trade policies in official Washington.
The Heritage graph, which calculates each nations economic freedom index with their corresponding per capita GDP, shows a strong relationship between higher economic freedom and per capita output/income.
The defense and intelligence budgets are subject to growing pressure in the coming years as entitlement programs like Social Security and Medicare continue to gnaw at and consume a greater portion of the federal budgetthe result of the aging Baby-Boomers.
The path of less economic freedom in this country is a troubling trend and must be reversed. Greater economic growth would give the federal government additional resources to buy both guns and butter.
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Trump, Xi Jinping, and the US Economy - American Center for Democracy (registration) (blog)
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Five facts about financial independence – finder.com.au
Posted: at 9:22 pm
As our longevity has increased over the past 100 years, so has our desire to live better lives, ones where we're not tied to a job for 40 or 50 years.
One of the greatest freedoms that we enjoy today is the ability to add value to society and collect wealth as a result.
The goal of many Australians today is to reach financial independence and this can be achieved by understanding some of the facts.
This may sound simple, but dont underestimate its importance. If you spend more than you earn, youll always owe other people money.
If youre spending less than you earn, you should aim to save the difference. However, most Australians who save, save to consume, not to invest. Once theyve accumulated a tidy sum, they spend it.
Of course, no one ever saved their way to true wealth, its just too hard with todays low interest rates and tax eating away at the little interest you receive. The only way to take advantage of true money-growing opportunities is to invest in assets that grow in value and to recognise that becoming financially independent takes time.
If you continue to funnel money into your investment accounts, youll grow your wealth on a larger scale through the magic ofcompounding. You cant get much compounding if youre saving just to save (or to spend, like most people do).
Stay disciplined and keep saving so that you eventually have a big enough sum to invest in property or shares where your return will be greater than the paltry interest you get on your savings account.
Many people believe that a high-paying job will be their ticket to financial independence, but unfortunately theyre wrong. Of course its easier to become wealthy if you have a lot of money coming in, but as Ive already explained, you have to spend less than you earn to really become wealthy.
It seems like common sense, but studies have demonstrated that high-earning doctors are the group least likely to amass significant wealth. So use your income to buy assets that will grow in value and provide you with cash flow, things like well-located residential real estate or blue chip shares.
Wealth creation doesnt happen by chance. It takes a good plan and a team effort, so when it comes to taxes, get the best advice that you can afford.
Everyones tax liabilities are different, so you must consult a professional who understands your personal situation. There are myriad tax deductions available to investors and business owners and its your responsibility to legally minimise your tax liability.
This requires a fine balance because you dont want to sacrifice tomorrow for today, but you dont want to be miserable today either.
Financial independence is a journey that requires some long stretches and it certainly requires patience. Enjoy your journey, because if you dont, its unlikely that youll enjoy the destination. If theres something that youve always wanted to do, dont postpone your happiness, because none of us can know what tomorrow will bring.
Michael Yardney is a director of Metropole Property Strategists, which creates wealth for its clients through independent, unbiased property advice and advocacy. He is a best-selling author and one of Australia's leading experts in wealth creation through property, and he writes the Property Update blog.
Picture: Shutterstock
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The Financial Lesson in a $1 Hot Dog – Barron’s
Posted: at 9:22 pm
Barron's | The Financial Lesson in a $1 Hot Dog Barron's The value of financial independence. Instead of looking at saving as something you just have to do, start viewing it as an empowering way to eliminate your reliance on your family for gifts or loans. There's something about seeking financial ... |
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Why Open Borders Would Strengthen Our Economy – Huffington Post
Posted: at 9:19 pm
Why do you think open borders are a good idea? originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world.
A mountain of scientific evidence shows that immigration is the most powerful weapon we have in the fight against global poverty. Four different studies have shown that, depending on the level of movement in the global labor market, the estimated growth in gross worldwide product would be in the range of 67% to 147%. Effectively, open borders would make the whole world twice as rich.
I understand that arguing in favor of immigration is not going to make you very popular these days. But as a historian, its easy to see that immigration is one of the most important drivers of prosperity in world history - from the Roman Empire to the United States. And many of the arguments against it (theyll take our jobs, they are too lazy to work, theyre all criminals - etc.) are factually incorrect.
Immigrants are often very productive and entrepreneurial and are actually job creators. People making a new life in the U.S. commit fewer offenses and less frequently end up in prison than the native population. Immigration has virtually no effect on the wages of the native population. Theres no evidence that immigrants are more likely to apply for assistance than native citizens. In reality, if you correct for income and job status, immigrants take less advantage of the welfare state.
Obviously, you cant win this debate by just churning out facts like these. Its really important to develop a different story around immigration. A country that is proud of itself, of its own heritage and traditions, a country that doesnt lack self-confidence will also be open to others.
Its the same with individuals: if youre confident of who you are, you will be open to new experiences. But if youre insecure, dont know who you are and where you want to go, you will probably be hostile to others as well. It doesnt surprise me that theres a rise in xenophobia and right-wing populism in a time when the centre has no ideology anymore, no new utopian visions.
This is why I wrote my book Utopia for Realists: weve achieved a lot in the past, but the problem today is that we dont know where to go next. Its time for a new Utopia for the 21st century.
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Stellaris: Utopia review | PC Gamer – PC Gamer
Posted: at 9:19 pm
Need to know
What is it? Spacebound grand strategy with 4X elements. Or is it a 4X with grand strategy elements? Expect to pay $20/15 Developer Paradox Development Studio Publisher Paradox Interactive Reviewed on Windows 10 64-bit, Core i7-4770K, 16GB RAM, GeForce GTX 1070 Multiplayer Up to 32 Players Online (Steam) Link Official site
When Stellaris launched almost a year ago, its biggest void wasn't space itself, but its relatively challenge-light mid-game, especially regarding internal politics. Utopia attempts to enliven player empires, and force interesting choices in between the initial phase of wonder and exploration and the climactic finale when scripted endgame crises bring it all together. It attacks this problem with new political mechanics, a bunch of exciting late game goals that dont involve waiting for a robot rebellion to happen, and sweeping, feedback-informed reworks of core systems. It may be the studios largest and most transformative expansion yet, which is saying something. Yet some of the additions feel as underdeveloped as areas of Stellaris were at launch.
Alongside the 1.5 patch, Utopia rethinks just about everything relating to building and managing your stellar empire internally. Gone are set government types like Plutocratic Oligarchy and Enlightened Monarchy. In their place is a more versatile and interesting system where you chose an authority type (Democracy, Oligarchy, Dictatorship, or hereditary Empire), and then build on that with two starting civics (a third can later be unlocked with society tech) like Police State and Philosopher King to create a custom government that does exactly what you want it to. The type of government you create will influence how likely the population units ('Pops') scattered across your planets are to adopt certain viewpoints, such as Militarism, Spiritualism, or Xenophobia. As ethics used to be assigned to Pops semi-randomly, this system gives you a lot more of an active role in influencing your people.
This feeds into what I think is Utopias best feature: the new Faction system. Pops that follow a common ethos are now likely to found factions (such as Xenophiles starting an Alien Rights Movement, or Pacifists demanding an end to costly wars), with one of your existing governors, scientists, or military officers becoming the leader. Each faction has a list of agenda items, and depending on how many of them are fulfilled (or blatantly ignored), the faction will establish a happiness value that applies to all Pops who are part of that faction. Not only does displeasing factions potentially tank the happiness of a large base of your citizens, but keeping them very happy will grant you Influence that can be spent on useful edicts across the empire.
If you want to build a giant Dyson sphere around a sun to steal all of its energy and make any planets that depended on it freeze to death, you can do that.
The upshot of all of this is that internal politics actually feel interesting and participatory, which was a major weakness of Stellaris at launch. In one campaign, the two most powerful factions in my empire were the conservative religious bloc and a profit-driven party of business moguls. They usually werent directly at odds, but fulfilling all of the agendas to satisfy both of them required me to do some serious juggling of my usual playstyle. If I started to neglect one or the other, I would see the effects on my bottom line, just as Id bask in the benefits when I managed to keep everyone happy. Its a big, big step towards making Stellaris more interesting in the mid game, and giving you challenges to contend with that dont involve blowing up spaceships.
The flashier, more attention-grabbing new features dont slack either. Using a new resource called Unity, empires can progress down Civ 5-style Tradition trees. The perks in these trees each provide big, thematic bonuses when fully completed, as well as granting you an Ascension Perk, which is where things get really crazy. If you want to upload your entire population into robot bodies, you can do that. If you want to build a giant Dyson sphere around a sun to steal all of its energy and make any planets that depended on it freeze to death, you can do that. If you want to genetically modify your species to have 400 babies, you can do that. Theres nothing stopping you besides earning enough Unity. And while Unity can feel like one too many extra currencies to juggle in a game that already has minerals, energy, food, influence, three types of science, and strategic resources, the perks it provides are an effective way to guide your playstyle through the early and mid game, building towards some exciting, new toys in the late game.
My favorite of these Ive come across so far is The Shroud. A parallel realm accessible by a conclave of psychics once youve unlocked the highest tier of the Psionic ascension path, most interactions are text-based and relegated to the diplomatic menu but its effects in the game world can be quite tangible. At one point, my telepaths were given the chance to manifest a psychic entity of great power into a physical avatar that could fight with my fleets in battle. Some of the other events are worth not spoiling, but suffice to say, galaxy-changing. However, most of these short, choose-your-own-adventure interactions essentially culminate in a dice roll. There doesnt seem to be any way to affect the result, and it often felt underwhelming to be asked to gamble for a tiny, tiny chance of something really cool, or settling for a somewhat higher chance of something significantly less cool.
One other issue with ascension is that you have to progress through all seven of the Tradition trees to unlock all the perk slots. When I was playing a race of killer bugs that quite literally ate everyone they met, I was pretty excited to complete the first few. Heres one that lets me kill people better. Heres one that lets me spread my broods to new worlds faster. But in order to unlock those last few perk slots, I had to spend points on the Diplomatic Tradition tree, which had nothing even remotely useful for genocidal insects shunning friendship and spreading terror through the stars. Part of the appeal is specialization and distinguishing your civilization further, so it seems odd that everyone is going to eventually end up with all the traditions, and it somewhat cheapens the choice you have to make between them initially.
My favorite of these Ive come across so far is The Shroud. A parallel realm accessible by a conclave of psychics.
There are a few other features that give this same impression. For example, you can now play as a hive mind species that doesnt use happiness, doesnt start factions, and is ruled by an immortal consciousness that can be everywhere at once. In theory, it sounds absolutely awesome. In practice, its a little awkward. For one thing, when creating your own single-minded swarm, you can get a refund on some trait points by picking a negative trait that gives you -5% happiness even though hive minds dont use happiness. Very little of the event text has been altered to account for hive minds, so youll still get notifications about how the new aliens you just met are being portrayed in the media. Perhaps most significantly, without happiness or factions, hive mind play is basically electing to turn the best parts of the expansion off. Its a really cool idea, but it doesn't feel totally integrated with all aspects of the game.
When it stumbles, Utopia stumbles in the same way vanilla Stellaris did: introducing new ideas that have a lot of potential, but clearly arent quite ready for prime time. However, where it succeeds is in fleshing out a lot of those areas that felt imperfect at launch. The changes to Pops, governments, and factions have me designing new empires in my head and wanting to sink another hundred-something hours into this universe. I didnt come close to scratching the surface of all the endgame ascension paths in the time Ive had so far, but the ones I have seen make me excited to discover more. Utopia may not deliver on all the promises and expectations Stellaris is tied up in, but it does bring it one, giant leap closer.
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Best of the Week: Focal Utopia, Sonos Playbase, Sgt. Pepper reissue, new 4K Xbox and more – What Hi-Fi?
Posted: at 9:19 pm
This week there are more details on Microsoft's Project Scorpio 4K console, Apple Corps and Universal Music detailed a huge reissue of Sgt. Pepper's Lonely Hearts Club Band and LG has shown off its home cinema line-up for 2017, including the SJ9 Dolby Atmos capable soundbar.
In reviews, we have Focal's Utopia headphones, a soundbar alternative in Sonos' Playbase and B&W's 805 D3 standmount speakers.
It's also new What Hi-Fi? week, with the May issue now on sale. There's plenty for any home cinema/hi-fi enthusiast with reviews of a Sony 4K TV, Blu-ray players under 100, a set-top box showdown between BT, Sky and Virgin and budget turntable fight between Audio Technica, Dual and Sony.
You can buy the issue from your local newsagent, subscribe or buy the digital versions on Android and iOS.
MORE: May 2017 issue on sale now!
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Portugal’s MAAT could become the world’s most exciting venue for art and architecture – The Architect’s Newspaper
Posted: at 9:19 pm
The Museum of Art, Architecture and Technology (MAAT) is a new exhibition space created for EDP, a Portuguese foundation in Lisbon. The building opened in October of 2016 and just created its first curated exhibition. I had an opportunity to visit its exhibit Utopia/Dystopia: A Paradigm Shift in Art and Architecture and it provided an opportunity to see how the new structure functions and is being programmed.
Designed by British architect Amanda Levetes firm AL_A, The MAAT operates as a Kunsthalle, with no permanent collection of artifacts, but as a space to promote and stage cross-cultural or interdisciplinary experimentation. The building has several functional exhibition galleries, but its focus is an enormous, 13,000-square-foot, centralized elliptical space, ringed with steep inclined viewing ramps made for theatrical performances and temporary installations. The ramps are meant as viewing platforms but the steepness of the slope propels viewers down and then up and around the central ellipse. This constant movement by viewers can allow themif curated properlyto be part of the action or to become the event itself. Its an interactive public space for an age more familiar with digital and VR images on a screen than in a physical gallery.
(Courtesy MAAT)
The low, long profile of The MAATs exterior appears like a slightly opened oyster shell set in the mud along the facing Tagus river and estuary. If one imagines the shell opened ever so slightly, this is where Levete has placed the entrance into the building. Up a curving set of long, narrow steps, with a hovering deep overhang meant to capture the dappled reflection of the river, the public is pulled in a short entrance into the lobby and then into the grand open performance ellipse. Its facade is covered in 15,000 crackle glazed three-dimensional tiles that give it a fish scale like dimension on the cityscape and honors the citys many tiled facades. When these ceramic rectangles catch beams of natural dappled or artificial light the building magically glows like a light bulb.
But it is not simply the facade of the building that comes alive through refraction. This is a building meant to perform on every surface. It is, in some ways, as much landscape as it is anenclosure and thus a structure meant to perform. The term performative architecture stands for several older and newer ideas in architecture and the design of urban public space. If by the term one means buildings created to encourage active public engagement and themselves actively participate like Roman baroque urban experiments or even worlds fairs, then Levetes building is an unqualified success. It becomes a pedestrian promenade and visitors areg meant to walk along, onto, or over its tiled sloping roofscape like Foreign Office Architects 2003 Yokohama terminal.
(Courtesy MAAT)
Last weeks opening programmed performances to take place on every surface of the structure. It started with a musician playing the ceramic tile facade with a vibraphonists soft mallets and group of musicians dancing and singing on the top step of the covered front entry platform. The central oval space featured an opening night performance by Mexican artist Hector Zamora that featured crews of migrant laborers destroying a fleet of old unusable (but beautiful) fishing boats as a protest against the disappearance of a way of life represented by the small craft. The highlight of the first-day performance featured O Terceiro Paraiso, choreographed by Italian Michelangelo Pistoletto on the sloping roofscape public space. The Italian arte povera and action artist theorized a potential new utopiain accordance with the exhibition opening in the galleries downstairsthat asked several hundred participants to hold hands in three labyrinths made of a single line that would create a new third utopia from the two earlier ones that he theorized as an everyday Gesamtkunstwerk. The performance was pushed along by the large sloping facade of the roof that stands as an open space above the riverside promenade and facing back to the city in the distance.
It should be pointed out that the Levete renderings show the roofscape with a whiplash-like tail flying over the adjacent freeway to the roof of The MAAT. This freeway acts as a wall that cuts off Lisbon from its waterfront as if it were lifted out from any number of American cities. When (and if) this tail ramp is finished it will bring the city across the freeway and onto the roofscape and be the performative space the museums want to be for their home city.
(Courtesy MAAT)
Levette has delivered a potentially valuable new focus and hub for the Portuguese capital but it remains for the MAAT director Pedro Gandhao and his curatorial staff to realize the spatial and performative qualities of the museum. They have the opportunity to make this one the most exciting venues in the world that programs architecture and technology alongside art.
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PC Invasion Podcast #72 – PC Invasion (blog)
Posted: at 9:19 pm
Podcast
Posted By: Peter Parrish April 7, 2017
Step close, and listen, to another hour-or-so of PC gaming dalliance with the PC Invasion Podcast. Episode 72 finds Tim and I wondering how Gearbox had never heard of the notorious G2A, and assessing how Bulletstorm: Full Clip Editionfares on PC.
Then its on to Stellaris (specifically the new Utopia expansion), and what it, and the new free patch, does to address that titles potentially stagnant mid-game period. Psychic bird-people, gazing through the Shroud of existence, Iain M. Banks references, feats of space engineering, and all the rest.
Beyond that, we talk about Creative Assemblys efforts to reassure its historical fans that the company is not just a subsidiary of Games Workshop now. And, along similar lines, go over the additional bits of Warhammer 2 news from earlier today. Theres a bit more about BioWare, Mass Effect: Andromeda, and that whole situation too.
Finally, a bit more Dark Souls 3 Ringed City discussion. You know, just for good measure.
Download, or stream, Podcast Episode 72 below. Prior podcast episodes live in our archives, but beware the deadly curse of poor sound quality that afflicts earlier editions (I think it gets much better around Episode 30 or so).
Oh, and make sure to hear Van Morrisons excellent Ringworm, mentioned (and at first incorrectly attributed) in this weeks episode. Its one hell of a song.
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Threat of global warming eliminated in All Our Wrong Todays – Canadian Jewish News (blog)
Posted: at 9:19 pm
You dont have to be a sci-fi wonk to be captivated by All Our Wrong Todays, Elan Mastais inventive tale about time travel.
Mastais debut novel has become a publishing sensation. Translation rights have been sold in 25 countries, while the American rights were auctioned for a seven-figure sum.
All Our Wrong Todays may share several elements with the quintessential time-travel film, Back to the Future, and its sequels, but the futuristic world of the novel goes beyond the flat screen TVs, hover-boards and flying cars that appear in the 1980s blockbusters.
Mastai has created a techno-utopia where everyones material needs can be met and global warming is no longer a threat. The great challenges facing humanity have been resolved though technology in this imagined world of 2016.
There are also the requisite sci-fi lifestyle innovations. New clothing is chemically reconstituted from old clothing, holidays on the moon are weekend jaunts and hover-cars provide door-to door, public transportation.
READ: SIMPLY BARBARAS TORONTO DEBUT
The protagonist, Tom Barren, is a 32-year-old shlemiel without ambition. He cant stick to any career path and hes a great disappointment to his father, Victor Barren, a genius and an acclaimed scientist.
Victor has invented a cutting-edge, time-travel apparatus at his Toronto lab. In this era of 2016, time travel is the new space frontier. Victor is about to realize his lifes work, when Tom inadvertently sabotages the worlds first time-travel mission.
That launch is aborted, but Tom embarks on an unauthorized time-travel mission. His fathers machine was programmed to send the first time-traveller, back to 1965 to witness the greatest event in history the exact moment the engine that generates endless clean energy was turned on. This machine made Toms techno-utopia possible.
The engines inventor, a Danish Holocaust survivor, has become a much-revered hero in that futuristic world of 2016. There are statues of him, books about him and museums showcasing his work.
Through some blundering, Tom accidentally interferes with the historic start-up of the engine. Like Marty McFly in Back to the Future, Tom discovers that his meddling with the past has impacted the future.
When he is teleported back to 2016, he suddenly finds himself in an alternate reality. Hes in the 2016 of our current, less-technically advanced era. He is caught between this world and the one he grew up in. Now Tom must contend with John, his egotistical alter ego, and a different version of his family and love interest.
The first part of book takes place in the futuristic utopia. We meet Toms parents, the women in his life, and we learn about the events that lead up to his ill-fated, time-travel mission. The author has set the stage for a narrative of twists and turns as Tom grapples with his new reality, in the present-day 2016.
He is an unlikely hero, with a daunting inner conflict. He must decide which 2016 he will live in. Should he forge a life in his new imperfect world or should he revisit 1965 and fix the error that irradiated his utopian world?
While the action is punctuated with many humorous moments, the book also has a serious core. Mastai explores the tension between the demands of personal relationships and the drive for professional and/or social status. The question he poses is: what values make life meaningful?
The book can also be viewed as an allegorical tale about the many unexpected directions a life can take and the various paths one may follow in a single lifetime.
Mastai grew up in Vancouver, but he is a Toronto resident. He may be a new novelist, but he is an accomplished screenwriter. He won a Canadian Screen Award for best adapted script for The F Word, a 2013 romantic comedy starring Daniel Radcliffe and Zoe Kazan.
Paramount has bought the film rights for All Our Wrong Todays and Mastai is currently working on the screenplay.
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Threat of global warming eliminated in All Our Wrong Todays - Canadian Jewish News (blog)
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ITTF Signs Strategic Investment Agreement with ITTF-Oceania – Around the Rings (subscription)
Posted: at 9:19 pm
The International Table Tennis Federation (ITTF) has signed a ground breaking Strategic Investment Agreement with ITTF-Oceania.
The deal, which was signed today, involves the ITTF investing significant financial and human resources into the region to assist its commercial growth, and the popularity of the sport. Apart from through the award winning ITTF Development Program, ITTF-Oceania has not had full-time staff previously, and this investment will provide significant opportunities to grow the sport throughout the region.
ITTF President Thomas WEIKERT stated: "Since taking back the marketing rights in house and doing a strategic overview of the current table tennis commercial state, we concluded that working closer with the continents is vital for the overall commercial growth within table tennis. Oceania is the first contract of this nature, and we aim to have more exciting announcements with other continents in the coming months!"
The ITTF will work very closely with ITTF-Oceania to develop and implement their 2017-2020 Strategic Plan, with the goal of improving their Continental events, to have them all meet the quality and presentation standards set by the ITTF-Oceania Cup. Also making the sport more popular in the region through an increased push in communications overall, especially through media and social media, and ultimately to create table tennis stars from Oceania who can compete on the world stage.
ITTF-Oceania President James MORRIS added: "I am very excited with this new Strategic Investment Agreement with the ITTF. This agreement will allow more resources for our Continental Federation and our National Associations so we can all become even more capable and sustainable.
I am very pleased to see the opportunity to have more full-time staff on the ground and I applaud our President Thomas WEIKERT and his ITTF team for understanding our commitment to best practice with our soon to be adopted Strategic Plan, which aligns to this Investment very well and will have many benefits moving forward."
ITTF & Africa-Oceania Development Co-ordinator Michael BROWN, who was instrumental in making this deal happen concluded: "In recent years ITTF-Oceania has been putting a lot of hard work into developing the ITTF-Oceania Cup, which has seen considerable improvements within its commercial viability. It was evident that the improvements to these major events have assisted in building the profile of table tennis within Oceania. Through the new investment made by ITTF, these improvements will be seen across more ITTF-Oceania events, including the Championships, as well as establishing the ITTF-Oceania Tour."
This is a milestone moment in the history of table tennis within Oceania, that will create opportunities and benefits for both ITTF-Oceania, ITTF and table tennis in general.
For more information, please contact:
Email:media@ittfmail.com
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ITTF Signs Strategic Investment Agreement with ITTF-Oceania - Around the Rings (subscription)
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