A Flat Rate Financial Transaction Tax to replace all taxes?

In this paper I propose a very radical reform of the taxation system, in which a single flat rate financial transaction tax (FTT) is used to replace the vast majority of existing taxes (including VAT, income tax, taxes on profits...). Existing economic data indicates that a flat rate FTT of 1% would generate far more revenue that is currently generated by all existing taxes, and would allow governments to rapidly repay debts and restore programs of public expenditure as well as allowing resources to be allocated to globally important challenges such as third world development, climate change and health issues.Economy, Finacial Crisis, Financial Transaction Tax

Evaluation and management implications of uncertainty in a multispecies size-structured model of population and community responses to fishing

1. Implementation of an ecosystem approach to fisheries requires advice on trade-offs among fished species and between fisheries yields and biodiversity or food web properties. However, the lack of explicit representation, analysis and consideration of uncertainty in most multispecies models has limited their application in analyses that could support management advice. 2. We assessed the consequences of parameter uncertainty by developing 78 125 multispecies size-structured fish community models, with all combinations of parameters drawn from ranges that spanned parameter values estimated from data and literature. This unfiltered ensemble was reduced to 188 plausible models, the filtered ensemble (FE), by screening outputs against fish abundance data and ecological principles such as requiring species' persistence. 3. Effects of parameter uncertainty on estimates of single-species management reference points for fishing mortality (FMSY, fishing mortality rate providing MSY, the maximum sustainable yield) and biomass (BMSY, biomass at MSY) were evaluated by calculating probability distributions of estimated reference points with the FE. There was a 50% probability that multispecies FMSY could be estimated to within ±25% of its actual value, and a 50% probability that BMSY could be estimated to within ±40% of its actual value. 4. Signal-to-noise ratio was assessed for four community indicators when mortality rates were reduced from current rates to FMSY. The slope of the community size spectrum showed the greatest signal-to-noise ratio, indicating that it would be the most responsive indicator to the change in fishing mortality F. Further, the power of an ongoing international monitoring survey to detect predicted responses of size spectrum slope was higher than for other size-based metrics. 5. Synthesis and applications: Application of the ensemble model approach allows explicit representation of parameter uncertainty and supports advice and management by (i) providing uncertainty intervals for management reference points, (ii) estimating working values of reference points that achieve a defined reduction in risk of not breaching the true reference point, (iii) estimating the responsiveness of population, community, food web and biodiversity indicators to changes in F, (iv) assessing the performance of indicators and monitoring programmes and (v) identifying priorities for data collection and changes to model structure to reduce uncertainty

Risks and benefits of catching pretty good yield in multispecies mixed fisheries

Multispecies mixed fisheries catch ecologically interacting species with the same gears at the same time. We used an ensemble of size-based multispecies models to investigate the effects of different rates of fishing mortality (F) and fleet configurations on yield, biomass, risk of collapse and community structure. Maximum sustainable yield (MSY) and FMSY for 21 modelled species’ populations in the North Sea were defined at the Nash equilibrium, where any independent change in F for any species would not increase that species’ MSY. Fishing mortality ranges leading to “Pretty Good Yield” (F-PGY), by species, were defined as ranges yielding ≥0.95 × MSY. Weight and value of yield from the entire fishery increased marginally when all species were fished at the upper end of F-PGY ranges rather than at FMSY, but risk of species’ collapse and missing community targets also increased substantially. All risks fell markedly when fishing at the lower end of F-PGY ranges, but with small impacts on total fishery yield or value. While fishing anywhere within F-PGY ranges gives managers flexibility to manage trade-offs in multispecies mixed fisheries, our results suggest high long-term yields and disproportionately lower risks of stock collapse are achieved when F ≤ FMSY for all component stocks

Defining an AEC research agenda - a vision from the UK

This paper outlines the current research agenda for construction, as seen from a UK perspective, and the associated government initiatives. It then presents a vision of how design and construction will be undertaken and the implications for the management of this activity, structured around four themes of management, technology, the role of clients and the role of industry and the professions. The research activity of the Department and relevant staff are outlined and the paper concludes with a brief description of how we are taking forward our industrially based research

DUF3380 domain from a Salmonella phage endolysin shows potent N -acetylmuramidase activity

Bacteriophage-encoded endolysins are highly diverse enzymes that cleave the bacterial peptidoglycan layer. Current research focuses on their potential applications in medicine, in food conservation, and as biotechnological tools. Despite the wealth of applications relying on the use of endolysin, little is known about the enzymatic properties of these enzymes, especially in the case of endolysins of bacteriophages infecting Gram-negative species. Automated genome annotations therefore remain to be confirmed. Here, we report the biochemical analysis and cleavage site determination of a novel Salmonella bacteriophage endolysin, Gp110, which comprises an uncharacterized domain of unknown function (DUF3380; pfam11860) in its C terminus and shows a higher specific activity (34,240 U/μM) than that of 14 previously characterized endolysins active against peptidoglycan from Gram-negative bacteria (corresponding to 1.7- to 364-fold higher activity). Gp110 is a modular endolysin with an optimal pH of enzymatic activity of pH 8 and elevated thermal resistance. Reverse-phase high-performance liquid chromatography (RP-HPLC) analysis coupled to mass spectrometry showed that DUF3380 has N-acetylmuramidase (lysozyme) activity cleaving the β-(1,4) glycosidic bond between N-acetylmuramic acid and N-acetylglucosamine residues. Gp110 is active against directly cross-linked peptidoglycans with various peptide stem compositions, making it an attractive enzyme for developing novel antimicrobial agents

Percolative conductivity in alkaline earth silicate melts and glasses

Ion conducting $(CaO)_x(SiO_2)_{1-x}$ glasses and melts show a threshold behaviour in dc conductivity near $x=x_t=0.50$, with conductivities increasing linearly at $x>x_t$. We show that the behaviour can be traced to a rigid ($x0.50$) elastic phase transition near $x=x_t$. In the floppy phase, conductivity enhancement is traced to increased mobility or diffusion of $Ca^{2+}$ carriers as the modified network elastically softens.Comment: 15 pages, 5 figures. Europhysics Letters (2003), in pres

An engineered cytidine deaminase for biocatalytic production of a key intermediate of the COVID-19 antiviral Molnupiravir

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Differential effects of pre and post-payment on neurologists' response rates to a postal survey

<p>Abstract</p> <p>Background</p> <p>Monetary incentives are an effective way of increasing response rates to surveys, though they are generally less effective in physicians, and are more effective when the incentive is paid up-front rather than when made conditional on completion.</p> <p>Methods</p> <p>In this study we examine the effectiveness of pre- and post-completion incentives on the response rates of all the neurologists in the UK to a survey about conversion disorder, using a cluster randomised controlled design. A postal survey was sent to all practicing consultant neurologists, in two rounds, including either a book token, the promise of a book token, or nothing at all.</p> <p>Results</p> <p>Three hundred and fifty-one of 591 eligible neurologists completed the survey, for a response rate of 59%. While the post-completion incentive exerted no discernible influence on response rates, a pre-completion incentive did, with an odds-ratio of 2.1 (95% confidence interval 1.5 - 3.0).</p> <p>Conclusions</p> <p>We conclude that neurologists, in the UK at least, may be influenced to respond to a postal survey by a pre-payment incentive but are unaffected by a promised reward.</p

More questions than answers to the diagnosis and management of cauda equina syndrome-Authors' reply

No abstract available

Objects rapidly prime the motor system when located near the dominant hand

Objects are said to automatically “afford” various actions depending upon the motor repertoire of the actor. Such affordances play a part in how we prepare to handle or manipulate tools and other objects. Evidence obtained through fMRI, EEG and TMS has proven that this is the case but, as yet, the temporal evolution of affordances has not been fully investigated. The aim here was to further explore the timing of evoked motor activity using visual stimuli tailored to drive the motor system. Therefore, we presented three kinds of stimuli in stereoscopic depth; whole hand grasp objects which afforded a power-grip, pinch-grip objects which afforded a thumb and forefinger precision-grip and an empty desk, affording no action. In order to vary functional motor priming while keeping visual stimulation identical, participants adopted one of two postures, with either the dominant or non-dominant hand forward. EEG data from 29 neurologically healthy subjects were analysed for the N1 evoked potential, observed in visual discrimination tasks, and for the N2 ERP component, previously shown to correlate with affordances (Proverbio, A.M., Adorni, R., D’Aniello, G.E., 2011. 250 ms to code for action affordance during observation of manipulable objects. Neuropsychologia 49, 2711–2717). We observed a link between ERPs, previously considered to reflect motor priming, and the positioning of the dominant hand. A significant interaction was detected in the left-hemisphere N2 between the participants’ posture and the object category they viewed. These results indicate strong affordance-related activity around 300ms after stimulus presentation, particularly when the dominant hand can easily reach an object