In this article, you will learn how to pass Transcribeme test in 2021. At Transcribeme test format and audio-test is changed frequently. but the method you will learn in this tutorial will remain the same and will be applicable for a future test. I do not encourage anyone to cheat in the exam, I am just making the entire process easy and quick by using the available tools and resources. first, read the guidelines carefully and then attempt the exam. If you have any doubt refer to guidelines again or try to research the internet.
Let Transcribe First Part A of Transcribe Test!
Speaker 1 (00:00):
Yes. Uh, actually my story starts with the somebody from MIT way back, a professor here who went on to win the MacArthur prize in a whole variety of other things, came to me and he said, look, I had to stop running the marathon training for the marathon. He was one of the early marathoners because he hurt his ankle and then his knee. And he came in and said, look, I have adult onset attention deficit disorder. He said, I’ve never had a problem with attention because I’ve always been running. And that was my that’s what stimulated me to get more into attention with, uh, my patients. And then I came back to the whole idea about exercise and its effect on the brain and not bring my dog, uh, as a Jack Russell. Uh, and when I got this dog, uh, took him to the vet. The vet said, you got to put them on Ritalin.
Speaker 1 (00:49):
So my understanding, I think our understanding and neurosciences that we need to move, uh, we are a born movers. Um, so that’s, uh, one of the key concepts and, uh, meaning if we didn’t move, we wouldn’t be thinkers. If we weren’t the Queens and Kings of movement, we wouldn’t be the kinds of thinkers. Now, if you read the New York times, you see, uh, these warnings all the time, don’t sit sitting is the new smoking. Okay. And that’s a, a neat phrase that encapsulates it. And everybody’s talking about this and studying it, seeing how much mortality morbidity is increased. As we sit, then we, we know from studies that when we stand our brains, are that a little bit better than we are when we’re sitting. So that’s why as a lecture, it’s very hard to sit and lecture from, uh, or even with me, I have to move around.
Speaker 1 (01:45):
So that keeps me focused. And what, what it does is because we’re using muscles to stand using the large skeletal muscle, the core muscles, all that it feeds back to the brain, switches the brain on which feeds forward to the prefrontal cortex, which is where we generate our thoughts and this talk and, and where we learn, uh, as well as perform or now we’re getting more and more data, more and more laboratories are, are picking up on, uh, the effect of movement on the brain. It’s a watershed event was 1995 coming from worrying about the growing problem down the road with us boomers of Alzheimer’s disease and cognitive decline. There was a big MacArthur study, multi countries looking at what were the things that prevented the onset of cognitive decline and aging? Well, there were three, one was optimal. Weight. Two was continuous learning. Three was exercise.
Speaker 1 (02:39):
Now, even when they factored out the effect on the cardiovascular system, that prevention of stroke exercise was really the most robust prevention for cognitive cognitive decline and Alzheimer’s disease. So this started a whole series of reports that really was flowering, right in the midst of neuroscience was beginning to really take off. So we everyone’s interested in it now because we know that the, uh, major effector on our brain, in fact, probably the most effective thing that we can do. And now we look at our brain is not, uh, you know, uh, we look at it as a muscle. So the more we use it, the better it is, the better it grows. So we’re, we’re when we exercise, we’re using those nerve cells that we use to think and learn and all of that.
Let Transcribe First Part B of Transcribe Test!
Speaker 1 (00:00):
You talked about, uh, the response to the financial crisis and perhaps, uh, not enough deficit spending as a response. My question is, are deficit spending and increased taxes on the rich tools that should be used in conjunction? Can you talk about their applications and their uses together or alone? Okay, let me give you, I I’ve been trying to figure out how, how should we pay for a progressive agenda? Put it that way. How, how, how it’s, there’s a bunch of things we should be doing. We should be clearly spending quite a lot more, especially on China, on children, and we need to be spending on infrastructure. And there’s a whole bunch of things in there. We’re talking significant amounts of money. And I would say that basically anything that can be reasonably considered to be an investment in the future. It’s okay to finance with deficits.
Speaker 1 (00:45):
Real interest costs for the U S are very, very low, uh, interest rate is below the growth rate of the economy there. If you’ve got people like Olivia Blas, shard, and Larry Summers saying that deficit fears have been vastly overblown. I think we are in a situation where we shouldn’t be worrying much about deficits, however, uh, that doesn’t mean that you can completely blow it away. Um, and so, um, pieces of that program that would require sustained spending and are really more about social justice than about quite a lot of stuff. That’s both investment and social justice, but there’s also a fair bit of stuff that’s just social justice. And I would say that you want to pay for the social justice parts by higher taxes on the rich, so that, uh, so that the two do, uh, go in conjunction, I would say the both, some increase in or better targeted deficit spending because we’re doing a lot of deficit spending right now, but it’s, we’re running deficits, uh, to pay for stock buybacks, but the, um, uh, the, uh, uh, but, but a combination of deaths that spending on investment and taxing the wealthy to pay for social programs is, is the way I would go.
Speaker 2 (01:53):
Well, you talk about the intersection of, um, trade and corporate taxes and tax avoidance. It seems like we are in an endless game of whack-a-mole with a very inadequate hammer. And I want to understand what the whole, what the whole picture needs to look like if you could design it.
Speaker 1 (02:11):
Okay. Uh, corporate tax avoidance, uh, profit shifting to tax havens is a, is a, is a significant, uh, thing, although, um, it’s, uh, it, it’s not a hundred percent because if, um, if the ability to, to globalize where profits are reported was unlimited, then we wouldn’t have seen a, uh, a decline in corporate tax receipts after the Trump tax cut. Right? So obviously corporate taxes were collecting a signi significant amount of money, uh, despite all of that. Um, but to the extent that it is an issue, look, it’s a, it’s a handful of small countries where this stuff is being, uh, where profits are realized. Uh, the, the, uh, uh, we really are talking, you know, Ireland, Luxembourg, uh, and then, uh, financial industry is, is, you know, British Virgin islands, that sort of thing. Um, um, the major economies have got plenty of leverage to force those tax savings to shut down.
Speaker 1 (03:09):
Uh, if we had a coordinated move on the part of the G seven to say this, this must stop, um, it would, it would not be at all hard to do it. So you just need an agreement. Uh, you need to have progressive governments in enough of the major economies actually, to, to a large extent. I think basically if, if, if, uh, if the British, uh, and, and ourselves, uh, I think the Germans and the French would go along, uh, where, uh, say we’re going to have a crack down on, on the tax havens that would do it. We were even starting to move a little bit in that direction. So I, it’s one of those problems that is not hard. Technically it’s, it’s a political thing. If, if widespread tax avoidance through international tax havens persists it’s because interest groups within, uh, the advanced countries want them to persist. And the moment we decide that that’s not going to happen, it will stop happening. It’s a, it’s just, uh, it’s just an easy problem to solve, uh, with the right leadership.