Stiglitz and Krugman live now
Stiglitz and Krugman live now
"that which is not sustainable will not sustain"
Serious bragging rights for the student that asked such an techie question that neither Krugman or Stiglitz understood it.
Women falling all over him for the rest of the semester
Vote now on Ireland's Gombeen of the year 2012
Give me a misty day, pearly gray, silver, silky faced, wide-awake crescent-shaped smile
Interesting post on Nate Silver tying in polls, punitry and media
if this Facebook meme like factoid is true and accurate..we should be throwing this man and all his kin the party of the century.
50 years ago today, at the height of the Cuban Missile Crisis, second-in-command Vasilli Arkhipov of the Soviet submarine B-59 refused to agree with his Captain's order to launch nuclear torpedos against US warships and setting off what might well have been a terminal superpower nuclear war.
The US had been dropping depth charges near the submarine in an attempt to force it to surface, unaware
it was carrying nuclear arms. The Soviet officers, who had lost radio contact with Moscow, concluded that World War 3 had begun, and 2 of the officers agreed to 'blast the warships out of the water'. Arkhipov refused to agree - unanimous consent of 3 officers was required - and thanks to him, we are here to talk about it.
His story is finally being told - the BBC is airing a documentary on it.
Raise a glass to Vasilli Arkhipov - the Man Who Saved the World.
Sounds dubious tbh
Excellent article on the direction Health care is taking everywhere ...In the relatively affluent West, healthcare budgets come under strain because spending tends to be skewed towards increasingly sophisticated treatments (rather than the prevention of disease or the promotion of good health). The fraudulent practices of the major pharmaceutical companies also play a major role. This September the New England Journal of Medicine reported that 26 companies had been fined over $11 billion in the past three years for criminal wrongdoing, including supressing safety data and reckless promotion of drugs for unlicensed uses. This is just the tip of the iceberg for an industry that often places what is marketable above what is needed, producing highly priced copycat drugs of relatively little worth rather than genuine innovation.
New show from Nina Power on Resonance FM
Having cheerfully paned through the visual, feeling smug because I long ago read the manifesto
This frightened me:
In my youth I foolishly presumed progress was inevitable. Now I fear.But then, the Manifesto — and this is not the least of its remarkable qualities — is a document which envisaged failure. It hoped that the outcome of capitalist development would be ‘A revolutionary reconstitution of society at large’ but, as we have already seen, it did not exclude the alternative: ‘common ruin’. Many years later, another Marxian rephrased this as the choice between socialism and barbarity. Which of these will prevail is a question which the twenty-first century must be left to answer.