Star Wars Rebellion Bankrupts Galaxy With Death Star Destruction

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A new analysis of the economic fallout of the Death Stars’ destruction performed by financial engineering professor Zachary Feinstein concludes that the destruction of two Death Stars would have bankrupted the Galaxy. Feinstein’s paper can be read in its entirety on arXiv: It’s a Trap: Emperor Palpatine’s Poison Pill

“We modeled the state of the economy of the Galactic Empire prior to the destruction of the two moon-sized battle stations and the fall of the Imperial government. This allowed us to calibrate a financial network of the systemically important institutions, thus providing a picture of the economic repercussions from the Battle of Endor. In this case study we found that the Rebel Alliance would need to prepare a bailout of at least 15%, and likely at least 20%, of GGP in order to mitigate the systemic risks and the sudden and catastrophic economic collapse. Without such funds at the ready, it’s likely the Galactic economy would enter an economic depression of astronomical proportions.”

Via Gizmodo via Popular Science

DNA Editing

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I’m watching the stream of the International Summit on Human Gene Editing and it appears that the tension between the commercialization and regulation of the technology is where the main discussion will lie as we go into the future. There will be demand for this technology that the commercial market will try to meet. There is broad consensus that using gene editing to repair genetic defects that lead to diseases is an appropriate use. That however starts down the slippery slope toward ‘trivial’ modifications. Further, making such changes to an individual outside their germline is probably okay, but making changes that are heritable to future generations is an area of huge concern.