Here’s How The Government Can Fix Silicon Valley: Leave It Alone
Also see saffronrose on the California senators and thelongshop on the top of the Republican ticket there. “None of the above” is looking pretty good.
From Time for industry to end its war on regulation
The biggest oil spill ever. The biggest financial crisis since the Great Depression. The deadliest mine disaster in 25 years. One recall after another of toys from China, of vehicles from Toyota, of hamburgers from roach-infested processing plants. The whole Vioxx fiasco. And let’s not forget the biggest climate threat since the Ice Age.
Even if you’re not into conspiracy theories, it’s hard to ignore the common thread running through these recent crises: the glaring failure of government regulators to protect the public. Regulators who were cowed by industry or intimidated by politicians. Regulators who were compromised by favors or prospects of industry employment. Regulators who were better at calculating the costs of oversight than the benefits. And regulators who were blinded by their ideological bias against government interference and their faith that industries could police themselves.
Subprime borrowing and innumeracy
….those who fell behind on their mortgages were noticeably less numerate than those who kept up with their payments in the same overall circumstances. The least numerate fell behind about 25% of the time. For those who did best on the test, the number of payments they missed was almost 12%. A fifth of the least numerate group had been in foreclosure, but only 7% of those who were more numerically adept had.
Climate news from .The Economist
From climate change to vaccines, evolution to flu, denialists are on the march. Why are so many people refusing to accept what the evidence is telling them?
In this special feature we look at the phenomenon in depth. What is denial? What attracts people to it? How does it start, and how does it spread? And finally, how should we respond to it?
Via Skepchick
And it’s good night from the Aral Sea
Once the world’s fourth largest inland sea, king cotton and the command economy have done for it in a few short decades, with its volume falling by more than three-quarters
Following up on a Facebook note by my old friend Sister Edith.
The Welfare State’s Death Spiral
What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven’t fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.
From Hilbert Space to Dilbert Space, and beyond 