Separating employment from pensions and benefits, working longer to tame longevity risk, and expanding financial literacy will be critical, says Wharton’s Olivia S. Mitchell.
During a recent video conference hosted by the Jay H. Baker Retailing Center, Penn’s Zeke Emanuel said consumers and businesses in the U.S. will likely need to wait until November 2021 to resume pre-pandemic levels of activity.
WHARTON SCHOOL PRESS
Wharton School Press Newsletter
WHARTON EXECUTIVE EDUCATION
Survey: Managing Risk
An international consumer brand challenged students to mine its data for revenue-boosting insights at a recent “Datathon” hosted by Wharton Customer Analytics.
Artificial intelligence needs to simplify radiologists’ work before they adopt it widely, write Ulysses Isidro and Saurabh Jha from Penn’s Perelman School of Medicine in this opinion piece.
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Leading through Challenging Times
Today’s Inspirational Quote:
“If your parents ever measured you as a child, they had you stand against a wall, and made a little pencil mark on the wall to show your growth. They did not measure you against your brother, or the neighbor’s kids, or kids on TV. When you measure your growth, make sure to only measure your today self by your past self. If you compare your relationships, your success, or your anything against anyone else, you are not being fair to you. Everyone has a different path, a different pace, and different challenges to face along the way.”
— Doe Zantamata
Did you know…
… that today is the birthday of the Airport Hotel? The first airport hotel, the Oakland Airport Inn, opened in Oakland, California, on this day in 1929. Trivia fans: Today, the building that housed the Oakland Airport Inn is home to the Amelia Earhart Senior Squadron 188, a local unit of the Civil Air Patrol.
If you care about it, it’s probably a story.
Whether you did well on the job interview. The results of your work to find resources to feed the hungry. Your efforts to engage with your teenagers…
We remember Bastille Day, not because we were there, but because the story resonates with us. We vote for candidates because of their stories, and shop at stores that have a story that resonates with us. And it’s a story that determines how people react to an emergency in their town.
The last time we took action on an idea, extended ourselves for a friend, and perhaps encouraged ourselves to launch a new project–these happened because the story worked.
And it’s possible to tell a better story.
It’s on us. We need to learn how to hear stories, figure out which ones are resonating, and do the difficult and urgent work to make our stories more effective.
Because if we care about it, it’s worth doing better.
There are techniques worth learning and doing the work with others on a similar journey is a powerful shortcut to doing it well. We’re relaunching the Story Skills Workshop with bestselling author Bernadette Jiwa today. It’s not only a place to share your story but it’s a place to learn how to do it better. It’s one of our most popular workshops because it’s proven and because it works. [Look for the purple circle on that page for a time-sensitive discount].
Your story matters.
HIGHLIGHTS IN HISTORY ON THIS DATE
1544 – England’s King Henry VIII crosses to Calais to join Holy Roman Emperor Charles V in a campaign against France’s King Francis I in Picardy.
1690 – Seven French privateers capture the New England islands of Martha’s Vineyard, Nantucket and Block Island.
1789 – Citizens of Paris storm and capture the Bastille prison and release prisoners, marking the start of French Revolution.
1798 – The US Congress passes the Sedition Act, making it a federal crime to publish false, scandalous or malicious writing about the government.
1865 – Edward Whymper leads the first team of climbers to reach the summit of the Matterhorn in the Alps at a height of 4477 metres.
1867 – Explosives manufacturer Alfred Nobel first demonstrates his invention, dynamite, at a quarry in the UK.
1881 – William “Billy the Kid” Bonney, the reputed killer of 27 men, is shot dead aged 21 by Sheriff Pat Garrett in New Mexico.
1918 – The French troop-carrying liner Djemnah is sunk by a German submarine in the Mediterranean. Some 442 people die.
1933 – German political parties other than Nazis are suppressed, and a law is passed that provides for the sterilisation of two million people deemed unfit for reproduction.
1934 – The oil pipeline between Mosul, Iraq, and Tripoli, Lebanon, is opened.
1940 – The Soviet Union annexes Estonia, Latvia and Lithuania.
1958 – Iraq’s King Feisal and Premier Nuri-Es-Said are assassinated in a Baghdad coup, and King Hussein assumes power as head of the Arab Federation.
1994 – The UN Security Council urges the world to aid the estimated 250,000 Hutu refugees from Rwanda crushed into Goma, Zaire.
1997 – Four Australian athletes die and more than 70 are injured after a temporary bridge collapses during opening ceremonies for the Maccabiah Games near Tel Aviv, Israel.
1998 – Death of Richard McDonald, who pioneered the fast-food concept that evolved into McDonald’s, the world’s largest restaurant chain, aged 89.
1999 – Argentina and the Falkland Islands end a 17-year stand-off, resuming air links severed after the Falklands war.
2002 – A deranged neo-Nazi fires a rifle shot in an attempt to assassinate President Jacques Chirac during France’s Bastille Day parade. The man is quickly subdued and the march continues.
2004 – Prime Minister Tony Blair is cleared of tricking Britain into invading Iraq.
2005 – US scientists announce they have detected a planet outside our solar system with not one, but three suns, a finding that challenges astronomers’ theories of planet formation.
2006 – Jaroslaw Kaczynski is sworn in as Poland’s prime minister by his twin brother, President Lech Kaczynski.
2007 – The Los Angeles archdiocese reaches a $US660 million settlement with more than 500 alleged victims of clergy sex abuse.
2010 – An Iranian nuclear scientist who disappeared for a year heads back to Tehran, telling Iranian state media he was abducted by CIA agents, but the US says he was a willing defector who changed his mind.
2012 – UN observers investigating a reported mass killing in the Syrian village of Tremish find pools of blood in homes and spent bullets, mortar and artillery shells.
2013 – Mexican marines capture Miguel Trevino Morales, considered the country’s most vicious and violent drug lord, who led the Los Zetas criminal gang.
2014 – Alice Coachman Davis, the first black woman to win an Olympic gold medal, dies at the age of 90.
2015 – Indonesia slashes its quarterly Australian cattle imports from 250,000 to 50,000, the Abbott government insisting it’s a trade matter but the opposition pointing to the relationship after Jakarta executed two drug smugglers and Canberra turned back asylum seeker boats.
2016 – A 19-tonne cargo truck is deliberately driven into crowds in the French city of Nice by a lone terrorist, killing 86 people and injuring more than 430 others, including three Australians.
2017 – Australia’s dual citizenship parliamentary crisis is sparked when Greens Senator Scott Ludlam announces he is leaving federal parliament after discovering he is a dual citizen of New Zealand.
2018 – Nancy Sinatra, the first wife and childhood sweetheart of Frank Sinatra, dies at the age of 101.
2019 – In the longest men’s Wimbledon final ever, Novak Djokovic beats Roger Federer in four hours and 57 minutes.
Famous people that have birthdays on this day in history 14 July
1945-Shiv Nadar,Indian billionaire industrialist and philanthropist.
1950-Grandhi Mallikarjuna Rao, mechanical engineer, billionaire industrialist, the founder chairman of GMR Group.
1954-R. Sarathkumar, Indian film actor, politician, journalist and former body builder and former president of the South Indian Film Artistes’ Association.
1954-Tanikella Bharani,Indian film actor, screenwriter, script writer, poet, theatre actor, playwright and director predominant in Telugu cinema.
1958-Shrikant Joshi, Chief Executive Officer and Managing Director of L&T Realty.
1971-Madhu Sapre, Indian supermodel from Maharashtra.
1971-Pankaj Bhadouria, winner of MasterChef India Season 1.
1976-Vishal Gondal, Indian entrepreneur and angel investor.
Today in history India 14 July
Do read: Bollywood News: Bollywood celebrities you didn’t know had famous parents
Famous people that had birthdays on this day in history 14 July
1794-Krishnaraja Wadiyar III was the twenty-second maharaja of the Kingdom of Mysore.
1854-Mahendranath Gupta was a disciple of Ramakrishna and a great mystic himself.
1856-Gopal Ganesh Agarkar was an Indian social reformer, educationist, and thinker from Maharashtra, India.
1893-Garimella Satyanarayana was a poet and freedom fighter of Andhra Pradesh, India.
1920-Shankarrao Chavan was an Indian politician who served twice as Chief Minister of Maharashtra from 1975 until 1977 and from 13 March 1986 .
1936-Upendra Trivedi was an Indian film and stage actor, director and producer who was one of the most prolific actors of Gujarati cinema.
1937-Sudha Shivpuri was an Indian actress who was most famous for her role as Baa in the Hindi TV serial Kyunki Saas Bhi Kabhi Bahu Thi.
Today in history India 14 July
Must read: Bollywood news: Bollywood movies that will release online instead of theatre
Famous people that have death anniversaries on this day in history 14 July
1663-Sivananda Saraswati was a Hindu spiritual teacher and a proponent of Yoga and Vedanta.
1936-Dhan Gopal Mukerji was the first successful Indian man of letters in the United States and won a Newbery Medal in 1928.
1971-Syed Mohammad Hadi was one of the most gifted pioneering athletes of India.
1985-Acharya D P Ghosh was an Indian mathematician, linguist, lawyer, journalist, educationist and statesman.
2008-Y. V. Chandrachud was the 16th Chief Justice of India, serving from 22 February 1978.
Today in history India 14 July – Events that took place on this day in history 14 July
1636-Aurangzeb was appointed the Viceroy of Deccan by his father and Mughal Emperor Shah Jahan.
1663-Hindu spiritual teacher, Swami Shivanand Saraswati passed away.
1942- British Quit India resolution is passed by the Congress Working Committee.
1992-The Lok Sabha passes a bill seeking to confer on the President the powers of the Legislature of Jammu & Kashmir.
” Zohnerism ” – That’s what we generally go through on TV news channels.
Why we need to avoid watching too much of breaking news & panel discussions on Indian TV news channels nowadays! Especially local channels.
The notorious concept of Zohnerism
Zohnerism – all about twisting of simple facts to confuse people.
In 1997, 14-year-old Nathan Zohner presented his science fair project to his classmates, seeking to ban a highly toxic chemical from it’s everyday use.
The chemical in question? Dihydrogen monoxide.
Throughout his presentation, Zohner provided his audience scientifically correct evidence as to why this chemical should be banned.
He explained that dihydrogen monoxide:
—–Causes severe burns in while it’s in gas form
—–Corrodes and rusts metal
—–Kills countless amounts of people annually
—–Is commonly found in tumors, acid rain, etc.
—–Causes excessive urination and bloating if consumed
—–Zohner also noted that the chemical is able to kill you if you depend on it and then experience an extended withdrawal.
He then asked his classmates if they actually wanted to ban dihydrogen monoxide.
And so 43 out of the 50 children present voted to ban this clearly toxic chemical.
However…this chemical isn’t typically considered toxic at all.
In fact, dihydrogen monoxide is simply an unconventional name for water.
Nathan Zohner’s experiment wasn’t a legitimate attempt to ban water, but instead, an experiment to get a representation of how gullible people can really be.
Also, all of the points that Zohner used to convey his point were 100% factually correct; he just skewed all of the information in his favor by omitting certain facts.
In recognition of his experiment, journalist James K. Glassman coined the term “Zohnerism” to refer to “the use of a true fact to lead a scientifically and mathematically ignorant public to a false conclusion”.
And this occurs a lot more often than you think, especially when politicians, conspiracy theorists, etc., use proven facts to persuade people into believing false claims.
The fact that people can mislead, and be misled so easily, is highly unsettling.
P. S – A very meaningful sensible WhatsApp forward that applies to today’s world more than anytime before.
|WORD OF THE DAY|
|Examples of Breviloquent in a sentence
“Usually he was breviloquent, but he went into great detail when describing his favorite book.”
“If you find it hard to be breviloquent, ask someone to edit your paper before submitting it for a grade.”
As the novel coronavirus continues to infect people around the world, news articles and social media posts about the outbreak continue to spread online. Unfortunately, this relentless flood of information can make it difficult to separate fact from fiction — and during a viral outbreak, rumors and misinformation can be dangerous.
Here at Live Science, we’ve compiled a list of the most pervasive myths about the novel coronavirus SARS-CoV-2 and COVID-19, the disease it causes, and explained why these rumors are misleading, or just plain wrong.
Myth: The virus is just a mutated form of the common cold
No, it’s not. Coronavirus is a large family of viruses that includes many different diseases. SARS-CoV-2 does share similarities with other coronaviruses, four of which can cause the common cold. All five viruses have spiky projections on their surfaces and utilize so-called spike proteins to infect host cells. However, the four cold coronaviruses — named 229E, NL63, OC43 and HKU1 — all utilize humans as their primary hosts. SARS-CoV-2 shares about 90% of its genetic material with coronaviruses that infect bats, which suggests that the virus originated in bats and later hopped to humans.
Evidence suggests that the virus passed through an intermediate animal before infecting humans. Similarly, the SARS virus jumped from bats to civets (small, nocturnal mammals) on its way into people, whereas MERS infected camels before spreading to humans.
Myth: The virus was probably made in a lab
No evidence suggests that the virus is man-made. SARS-CoV-2 closely resembles two other coronaviruses that have triggered outbreaks in recent decades, SARS-CoV and MERS-CoV, and all three viruses seem to have originated in bats. In short, the characteristics of SARS-CoV-2 fall in line with what we know about other naturally occurring coronaviruses that made the jump from animals to people.
A study published March 17 in the journal Nature Medicine also provided strong evidence against the “engineered in a lab” idea. The study found that a key part of SARS-CoV-2, known as the spike protein, would almost certainly have emerged in nature and not as a lab creation, Live Science previously reported. What’s more, if scientists were trying to use computer models to engineer a deadly virus based on the original SARS virus, they likely would not have chosen the mutations that actually appear in SARS-CoV-2. That’s because computer simulations show that mutations in SARS-CoV-2 don’t seem to work very well at helping the virus bind to human cells, Live Science previously reported. But it turns out, nature is smarter than scientists, and the novel coronavirus found a way to mutate that was better — and completely different— from anything scientists could have predicted or created, the study found.
Myth: Pets can spread the new coronavirus
Although pets may contract COVID-19 in rare cases, there is no evidence they can spread it to people.
There have been a few reports of cats and dogs that became infected with COVID-19 after contact with their sick owner. For example, in April, two pet cats in New York tested positive for COVID-19, and the owner of one of these cats was confirmed to have COVID-19 before the cat showed symptoms, Live Science previously reported.
Even if pets do occasionally become infected, the Centers for Disease Control and Prevention (CDC) says there is no evidence that they are playing a significant role in the spread of the virus. And so far, there have been no confirmed reports of people contracting the disease from pets.
Just in case, the CDC recommends that people with COVID-19 have someone else walk and care for their companion animals while they are sick. And people should always wash their hands after snuggling with animals anyway, as companion pets can spread other diseases to people, according to the CDC.
Myth: Kids can’t catch the coronavirus
Children can definitely catch COVID-19, although reports of serious illness in children are rare.
A CDC study of more than 1.3 million cases of COVID-19 in the U.S. from January through May found that the rate of confirmed infections in children under age 9 was 52 cases per 100,000 people in that population of children; that’s compared with an average of 400 cases (of any age) per 100,000 people in the U.S. population as a whole.
Another CDC study found that among 52,000 reported COVID-19 deaths from February through May, just 16 deaths were reported in people under age 18.
Still, not all children are spared from COVID-19. In rare cases, children with a current or previous COVID-19 infection have developed so-called multisystem inflammatory syndrome (MIS-C). Symptoms of this syndrome can vary, but patients seem to have symptoms similar to those found in two rare conditions: toxic shock syndrome and Kawasaki disease, Live Science previously reported. Toxic shock syndrome is a life-threatening condition that’s caused by toxins produced by certain types of bacteria; Kawasaki disease is a childhood illness that causes inflammation in blood vessel walls, and in serious cases can cause heart damage.
In a study published June 29 in The New England Journal of Medicine, researchers described 186 cases of MIS-C in 26 states. Of these, nearly 90% required hospitalization, 80% were admitted to the intensive care unit and 2% died, the authors reported.
Myth: If you have coronavirus, “you’ll know”
No, you won’t. COVID-19 causes a wide range of symptoms, many of which appear in other respiratory illnesses such as the flu and the common cold. Specifically, common symptoms of COVID-19 include fever, cough, headache, sore throat, muscle or body aches, difficulty breathing, nausea and vomiting. In severe cases, the disease can progress into a serious pneumonia-like illness — but early on, infected people may show no symptoms at all.
And some people never develop symptoms. Exactly how common asymptomatic cases are is still being determined, although the CDC estimates it may be around 40% of cases.
If you have underlying conditions and milder symptoms of the disease, you should seek medical attention at the nearest hospital, experts told Live Science.
Myth: The coronavirus is less deadly than the flu
Though the death rate for COVID-19 is unclear, almost all credible research suggests it is much higher than that of the seasonal flu, which has a death rate of around 0.1% in the U.S., Live Science previously reported.
Among reported COVID-19 cases in the U.S., about 4% have died, according to data from Johns Hopkins University. This is what’s known as the case fatality rate, which is determined by dividing the number of deaths by the total number of confirmed cases. But the case fatality rate is limited for a few reasons. First, not everyone with COVID-19 is being diagnosed with the disease — this is in part due to testing limitations in the U.S. and the fact that people who experience mild or moderate symptoms may not seek out testing. As the number of confirmed cases goes up, the fatality rate may decrease.
Many studies estimate that around 0.5% to 1% of people infected with COVID-19 will die from the disease, according to Nature News. Even a death rate around 1% is still 10 times higher than that of the flu.
It’s also important to note that estimates of flu illnesses and deaths from the CDC are just that — estimates (which make certain assumptions) rather than raw numbers. (The CDC does not know the exact number of people who become sick with or die from the flu each year in the U.S. Rather, this number is estimated based on data collected on flu hospitalizations through surveillance in 13 states.) Researchers emphasized this point in a recent paper published in the journal JAMA Internal Medicine, describing how they found that, in the U.S., there were 20 times more deaths per week from COVID-19 than from the flu in the deadliest week of an average influenza season, Live Science previously reported.
Myth: Vitamin C supplements will stop you from catching COVID-19
Researchers have yet to find any evidence that vitamin C supplements can render people immune to COVID-19 infection. In fact, for most people, taking extra vitamin C does not even ward off the common cold, though it may shorten the duration of a cold if you catch one.
That said, vitamin C serves essential roles in the human body and supports normal immune function. As an antioxidant, the vitamin neutralizes charged particles called free radicals that can damage tissues in the body. It also helps the body synthesize hormones, build collagen and seal off vulnerable connective tissue against pathogens.
So yes, vitamin C should absolutely be included in your daily diet if you want to maintain a healthy immune system. But megadosing on supplements is unlikely to lower your risk of catching COVID-19, and may at most give you a “modest” advantage against the virus, should you become infected. No evidence suggests that other so-called immune-boosting supplements — such as zinc, green tea or echinacea — help to prevent COVID-19, either.
Be wary of products being advertised as treatments or cures for the new coronavirus. Since the COVID-19 outbreak began in the United States, the U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have already issued warning letters to seven companies for selling fraudulent products that promise to cure, treat or prevent the viral infection.
Myth: It’s not safe to receive a package from China
It is safe to receive letters or packages from China, according to the World Health Organization. Previous research has found that coronaviruses don’t survive long on objects such as letters and packages. Based on what we know about similar coronaviruses such as MERS-CoV and SARS-CoV, experts think this new coronavirus likely survives poorly on surfaces.
A past study found that these related coronaviruses can stay on surfaces such as metal, glass or plastic for as long as nine days, according to a study published Feb. 6 in The Journal of Hospital Infection. But the surfaces present in packaging are not ideal for the virus to survive.
For a virus to remain viable, it needs a combination of specific environmental conditions such as temperature, lack of UV exposure and humidity — a combination you won’t get in shipping packages, according to Dr. Amesh A. Adalja, Senior Scholar, Johns Hopkins Center for Health Security, who spoke with Live Science’s sister site Tom’s Hardware.
And so “there is likely very low risk of spread from products or packaging that are shipped over a period of days or weeks at ambient temperatures,” according to the CDC. “Currently, there is no evidence to support transmission of COVID-19 associated with imported goods, and there have not been any cases of COVID-19 in the United States associated with imported goods.” Rather, the coronavirus is thought to be most commonly spread through respiratory droplets.
Myth: You can get the coronavirus if you eat at Chinese restaurants in the US
No, you can’t. By that logic, you’d also have to avoid Italian, Korean, Japanese and Iranian restaurants, given that those countries have also been facing an outbreak. The new coronavirus doesn’t just affect people of Chinese descent.
Myth: Drinking bleach or other disinfectants can protect you from COVID-19
You absolutely should not drink bleach or other household disinfectants, and you should also not spray them on your body. These substances are poisonous if ingested, and they can also cause damage to the skin and eyes, according to the World Health Organization.
When ingested, sodium hypochlorite (household bleach) can cause what is called “liquefactive necrosis,” or a process that results in the transformation of tissue into a liquid viscous mass, Live Science previously reported. The bleach can also damage cells as the sodium reacts with proteins and fats in a person’s tissues in a process called saponification (soap), medical doctors reported in 2018 in a publication by the Emergency Medicine Residents’ Association.
Alarmingly, nearly 4 in 10 American adults in a recent survey reported engaging in dangerous cleaning practices to prevent COVID-19, such as washing food with bleach, using household disinfecting products on their skin or intentionally inhaling vapors from cleaning products, Live Science previously reported.
Myth: Drinking alcohol and eating garlic can protect you from COVID-19
Consuming certain foods, such as alcohol or garlic, will not protect you from the new coronavirus. Although alcohol-based hand sanitizers work to disinfect your skin, alcohol does not have this effect on your body when it is ingested, according to WHO. Indeed, heavy use of alcohol can actually weaken your immune system and reduce your body’s ability to cope with infectious diseases. And although garlic may have some antimicrobial properties, there is no evidence that it can protect against COVID-19, WHO says.
Myth: 5G networks can spread the new coronavirus
Viruses, including SARS-CoV-2, cannot travel on or transmit through radio waves or mobile networks such as 5G networks, according to WHO. The new coronavirus is spread mainly through respiratory droplets that are expelled when an infected person coughs, sneezes or speaks, as well as through contaminated surfaces. WHO also notes that COVID-19 has been spreading in countries that do not have 5G mobile networks.
Myth: Exposure to high temperatures prevents COVID-19
Exposing yourself to the sun or warm temperatures will not protect you against COVID-19, according to WHO. You can still catch the disease no matter how hot it is — indeed, the virus is spreading even in areas with very hot weather, such as Arizona. Taking a hot bath will also not prevent COVID-19, WHO says.
Myth: Wearing masks can cause CO2 poisoning
Wearing medical masks for long periods may be uncomfortable for some, but it does not cause oxygen deficiency or carbon dioxide (CO2) intoxication (when too much CO2 builds up in the bloodstream), according to WHO. The same applies for N95 masks and cloth face coverings, according to Healthline.
“Rebreathing tiny amounts of CO2 from wearing either properly fitted N95 respirators or more loosely fitted cloth or surgical masks is of no concern for the vast, vast majority of people,” Darrell Spurlock Jr., the director of the Leadership Center for Nursing Education Research at Widener University in Pennsylvania, told Healthline. “The ‘dose’ of CO2 we might rebreathe while masking is quickly and easily eliminated by both the respiratory and metabolic systems in the body.”
When you wear a mask, you should make sure it has a snug fit but allows you to breathe normally, WHO says.
Editor’s Note: This story has been updated to reflected updated knowledge on SARS-CoV-2 transmission in children.
Tia Ghose, Yasemin Saplakoglu, Nicoletta Lanese, Rachael Rettner and Jeanna Bryner contributed to this article.
Originally published on Live Science.
This day is celebrated to bring to light the mechanisms needed to operationalize lifelong learning.
Content marketing ideas:
- Listicle idea: X Institutes in India that teach technical skills
- Infographic idea: X Skills you must learn before you turn 18
- Video idea: Here’s how you can make it a practice to learn a new skill every month
- Podcast idea: How often should you upskill?