Call Me Back - with Dan Senor

Have we revolutionized vaccine development? What does this mean for our lives and our health well beyond the vaccine for Covid-19? Could this kind of life sciences revolution only happen in America? And what about Operation Warp Speed? Is it a model for future public-private partnerships to solve big problems? Greg Zuckerman of The Wall Street Journal joins the podcast to discuss his new and fascinating book, “A Shot to Save the World: The Inside Story of the Life-or-Death Race for a COVID-19 Vaccine.”   Greg’s previous books include: “The Man Who Solved The Market:  How Jim Simons Launched the Quant Revolution”, and then there was “The Greatest Trade Ever”, “The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters”, and “Rising Above: How 11 Athletes Overcame Challenges in Their Youth to Become Stars”. Greg is s a Special Writer and investigative reporter  at The Wall Street Journal, ​a 20-year veteran of the paper and a three-time winner of the Gerald Loeb award — the highest honor in business journalism.

In the middle of the pandemic, Dr. Nicholas Christakis released a sweeping book, called “Apollo’s Arrow: The Profound and Enduring Impact of Coronavirus on the Way We Live”. In it, he drew on scientific, medical, and sociological research, and assessed the transmission of the virus, responses worldwide, and prognosis for the pandemic’s end, including some bold predictions. The paperback edition is just out with some new material.

During the pandemic, standardized tests were suspended in an entire range of educational institutions. Will these changes be temporary or permanent? More than 600 of these institutions switched from a mandatory to optional test for the 2020-21 application season, and many just flat out refused to accept a test at all in their application process. According to the editor in chief of the Princeton Review, “That is a tectonic change for many schools.” According to Smithsonian Magazine, “The pandemic sped up changes that were already afoot; even before Covid, more than 1,000 colleges had made the tests optional. Many had been turned off by the way the tests perpetuated socioeconomic disparities, limiting their ability to recruit a diverse freshman class.” Concerns about disparities in outcomes, at the core of this massive shift, have been behind Mayor Bill DeBlasio’s agenda in New York City, including his past efforts to eliminate the entrance exam for the City’s seven specialized high schools. While that effort has experienced a setback in the State Legislature, the fight will likely carry on by other political leaders. And more recently, the Mayor announced a plan to make sweeping changes to the gifted program in the City’s elementary schools. There are similar efforts in other cities across the country. Joining today’s conversation is Adrian Wooldridge, a longtime journalist at The Economist, where he is political editor and writes a column on British life and politics, and before that he penned the Schumpeter column on business, finance and management. He was previously the Washington bureau chief for The Economist, where he also wrote the Lexington column. Prior to his role in Washington, he was The Economist‘s West Coast correspondent, management correspondent and Britain correspondent. Adrian has written a number of books. His most recent books include “Capitalism in America: A History”, which he co-authored with Alan Greenspan, “The Wake-Up Call: Why the Pandemic Has Exposed the Weakness of the West, and How to Fix It”, which he co-wrote with John Micklethwait of Bloomberg News, and just out this year: “The Aristocracy of Talent: How Meritocracy Made the Modern World”. Adrian’s most recent book has been shortlisted for The Financial Times and McKinsey Book of the Year Award. Feel free to drop us a line with questions, feedback and ideas for the new podcast at Dan@unlocked.fm

JASON RILEY’S BOOK: “Maverick: A Biography of Thomas Sowell”https://m.barnesandnoble.com/w/maverick-jason-riley/1137602681?ean=9781541619685 THOMAS SOWELL’S BOOKS:https://m.barnesandnoble.com/s/Thomas%20sowell To write-in about the new podcast, please email: dan@unlocked.fm

Books and essays discussed in this episode: Shall We Wake the President: Two Centuries of Disaster Management from the Oval Office by Tevi Troyhttps://www.barnesandnoble.com/w/shall-we-wake-the-president-tevi-troy/1132107909 “Presidents and Public-Health Crises” in National Affairs by Tevi Troyhttps://www.nationalaffairs.com/publications/detail/presidents-and-public-health-crises “Operation Warp Speed: A Story Yet to be Told”by  Alex Tabarrok in Marginal Revolutionhttps://marginalrevolution.com/marginalrevolution/2021/09/operation-warp-speed-a-story-yet-to-be-told.html 

On this podcast, we’ve talked to a lot of policy-makers, pundits, professionals and practitioners about big picture trends they are observing and experiencing as a result of the pandemic. Today, however, we are going more micro. We'll talk to a venture capitalist about his portfolio of start-ups, and how those companies have been impacted by changes in the way we work and live, and what they tell us. Michael Eisenberg is a General Partner at the Tel Aviv-based Aleph, which is an early stage venture capital fund with over $500M under management. Since its founding in 2013, Aleph has invested in more than 40 companies including Melio, Lemonade (NYSE: LMND), Bringg, JoyTunes, Healthy.io, Windward, Empathy and Nexar. Prior to Aleph, Michael was a General Partner at Benchmark Capital for 8 years, the legendary Silicon Valley-based VC firm, and he continues to work with Benchmark on their Israeli portfolio. Since around 1995, Michael has invested in and served on the boards of some of Israel’s leading companies and startups, such as Wix (Nasdaq: WIX), Gigya (acquired SAP), Shopping.com (Nasdaq: SHOP, acquired: EBAY), and Lemonade (NYSE: LMND). Michael is also the author of a fun and smart blog, called “Six Kids and a Full Time Job”, which covers topics ranging from politics to technology, Judaism and macroeconomics. The title of his blog is misleading because now Michael actually has 8 kids and 2 grandchildren - and he’s only at the tender age of 50! He is a frequent contributor to The Marker and Calcalist, Israel's Hebrew-language daily business newspapers. Michael has also published numerous books in Hebrew, including “The Vanishing Jew”, “Everyone can be Moses” and “Roaring Tribe”. Among other projects during the pandemic, Michael worked on translating his most recent book into English: "The Tree of Life and Prosperity: 21st Century Business Principles from the Book of Genesis”. Given his experience as a successful investor and business builder, and his deep literacy in Judaism, he’s the ideal person to tackle this subject and we’ll talk about his book in this conversation.

To find the published pieces discussed in this episode: “What the Coronavirus Crisis Reveals About American Medicine”, by Sid Mukherjee, The New Yorker (April 27, 2020) : https://www.newyorker.com/magazine/2020/05/04/what-the-coronavirus-crisis-reveals-about-american-medicine For all of Sid’s pieces published in The New Yorker: https://www.newyorker.com/contributors/siddhartha-mukherjee “What We Have Gotten Right in the COVID FIGHT”, by Yuval Levin, Commentary Magazine (September 2021): https://www.commentary.org/articles/yuval-levin/americas-record-during-covid/ 

The Pandemic has either caused a crack-up in our politics or accelerated the crack-up that was well under way. And just when it looked like things were stabilizing, the politics of Covid have evolved along with the Delta variant. Ground zero for how this is playing out right now is California. California is home to approximately 40 million people and the 5th largest economy in the world. It’s about to have an election on whether to re-call its incumbent governor, Gavin Newsom. How California voters have experienced government regulations — from lockdowns, mask mandates, school closings, and not to mention double-standards — shapes the political environment there. Is this a harbinger of what’s to come to our national politics? To help us understand what’s going on in California is the strategist who masterminded the last successful recall election. Mike Murphy was the chief strategist for Arnold Schwarzenegger’s election in 2003, which was a re-call of then-Governor Gray Davis. Mike’s campaign resumé goes well beyond California. His past clients include the successful gubernatorial campaigns of Mitt Romney in MA, Jeb Bush in FL, John Engler in Michigan and Tommy Thompson in Wisconsin. And that doesn’t include all the Senate races he’s worked on. Mike has also worked on campaigns in Europe and Canada. And he was the chief strategist on John McCain’s maverick presidential primary campaign in 2000 and remained a close advisor to the late-Senator McCain for years. Today, you can catch Mike on the top-rated podcast, “Hacks on Tap” with David Axelrod and Robert Gibbs. He’s a political analyst on MSNBC and NBC, and he co-authors a weekly newsletter with his latest political analysis: hacksontap.bulletin.com. At the University of Southern California, he is the Co-Director of the USC Center for the Political Future. This episode covers a lot of pandemic-related political trend analysis. But first, given the tragic news out of Afghanistan this past week, the episode begins with Mike’s thoughts on President Biden and this crisis. Regardless of what one thinks of President Biden’s policy in Afghanistan, a lot will depend on how our president performs in reassuring the American public and our allies abroad. This episode begins with a discussion on President Biden and Afghanistan and then the second half looks at political trends during the Delta phase of covid.

A few websites referenced in this episode:AEI's Critical Threats Project: https://www.aei.org/profile/frederick-w-kagan/Institute for the Study of War: https://www.understandingwar.org/Long War Journal: www.longwarjournal.orgA recent oped that Fred Kagan published in The New York Times: https://www.nytimes.com/2021/08/12/opinion/biden-afghanistan-taliban.htmlAnd a recent column by Charles Lane in The Washington Post: https://www.washingtonpost.com/opinions/2021/08/17/bidens-presidency-us-foreign-policy-now-hinge-pulling-off-one-greatest-airlifts-history/

China’s borders have been sealed for well over a year now. And those borders will be closed for the foreseeable future. That, obviously, is a result of the pandemic; but, is there a larger grand strategy at play? For decades now, China’s coupling with western economies has been the dominant theme of the global economic landscape - beginning with China’s 2001 accession to the World Trade Organization. But that’s been changing. Fast forward to a speech by President Xi Jinping to mark the hundred year anniversary of the Chinese Communist Party. He spoke before a massive crowd in Tiananmen Square: "The Chinese people", Xi said “will never allow any foreign force to bully, oppress, or enslave us. Anyone who tries to do so shall be battered and bloodied colliding with a great wall of steel forged by more than 1.4 billion Chinese people using flesh and blood.” On July 2, Chinese regulators announced an investigation into DiDi Global, a ride-hailing company, right after its IPO. DiDi had raised $4.4 billion in the biggest Chinese IPO in the U.S. since Alibaba’s in 2014. There have been similar moves against other Chinese companies listed in the US. Where will this go? Consider this: There are currently 244 U.S. listed Chinese firms with a total market capitalization of around $1.8 trillion, equivalent to some 4% of the U.S. stock market’s capitalization. Are we witnessing the decoupling of the US and China economies? Is this the one issue on which there seems to be a bipartisan consensus in the US? Is the Biden administration cementing the Trump policies towards China or reversing them? How is China dealing with the Delta variant and how will it factor into the Chinese Communist Party’s next moves? There’s no better guest to help us understand what’s going on than Matt Pottinger. Matt covered China and lived in China as a journalist for Reuters and then The Wall Street Journal. He covered the first outbreak of SARS in China. He then, in his early 30s, made quite a career change. He enlisted in the US Marine Corps, and served in multiple combat deployments in Iraq and Afghanistan. Later on, Matt played an instrumental role in the geopolitical story of our time: reshaping the West’s relationship with China, when he served as the deputy National Security Advisor in the Trump administration, and he was the architect of the administration’s strategy towards China. Today, he is regularly called upon from policymakers on both sides of the aisle, to consult on US policy towards China. As we enter a new phase of pandemic, what is going on with the US-China relationship and how will it play out?