Thursday, November 3, 2011
Wednesday, November 2, 2011
Sunday, October 30, 2011
Saturday, October 29, 2011
Politics, Pizzas and Pessimism
Read more at www.nytimes.com
The disconnect between the seriousness of our angst and the silliness of our politics — between how big our problems are and how hopeless or just plain stuck the people who are supposed to address them seem — defies belief. Right now the system isn’t working, and a recognition of that is one of the ties that bind Occupy Wall Street and the Tea Party. They don’t identify the same villains or promote the same solutions. But they’re flowers of a shared frustration.
Victories and Questions Pile Up for Paterno
Read more at www.nytimes.comJoe Paterno, 84, has coached Penn State to a 7-1 record. His contract expires at season's end.
Facebook to build server farm on edge of Arctic Circle
The Path Not Taken
Read more at www.nytimes.com
But a funny thing happened on the way to economic Armageddon: Iceland’s very desperation made conventional behavior impossible, freeing the nation to break the rules. Where everyone else bailed out the bankers and made the public pay the price, Iceland let the banks go bust and actually expanded its social safety net. Where everyone else was fixated on trying to placate international investors, Iceland imposed temporary controls on the movement of capital to give itself room to maneuver.
Global Warming May Push Seaweeds Over the Edge
Read more at www.livescience.com
Continued warming in the oceans around Australia could have dramatic effects on the seaweed that live in these waters, pushing their ranges south, and eventually, off the continental shelf. Changes in seaweed communities could have dramatic effects on other living things, since seaweeds provide habitat and food. Above, the Australian seaweed Pterocladia retangularis.
CREDIT: Thomas Wernberg
What should Wall Street do?
The finance industry needs a better response to the protest movement attacking it
Connecting neurons to fix the brain
New technology helps scientists discover drugs to strengthen synapses.
Friday, October 28, 2011
Economy in U.S. Surpasses Pre-Recession Level
International Space Station Earth Video: Incredible Views Of Sea, Land And Desert
Thursday, October 27, 2011
Fed Refuses to Share Internal View Traders See Underlying Significant Risk
Wednesday, October 26, 2011
Is ‘complexity’ the key to economic growth?
Read more at www.washingtonpost.comMeanwhile, if Hausmann and Hidalgo’s theory is actually right, then the future looks relatively limp for the United States. The authors note that the best way to predict a country’s future growth is to look at the gap between economic complexity and current earnings. On this score, China, India and Thailand have the highest expected growth in the years ahead. The United States, by contrast, ranks 91st. Economies that have already taken full advantage of their existing complexity, like the United States, have few remaining opportunities to move up further. This sounds unduly pessimistic, though it jibes pretty well with Tyler Cowen’s “great stagnation” thesis.
