April 2011
122 posts
March 2011
165 posts
An Anti-College Backlash? →
Americans are finally starting to ask: “Is all this higher education really necessary?”
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Man vs. Machine on Wall Street: How Computers Beat... →
“Wall Street, meet your post-human future. Uber-“quant” Cliff Asness bets that his high-speed computers and trading models can churn billions of dollars in profits in booms and busts alike. But can artificial intelligence really out-smart the market?”
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October 2008, after the collapse of Bear Stearns,...
Alan Greenspan: I've found a flaw. I don't know how significant or permanent it is. But I've been very distressed by that fact.
Henry Waxman: Were you wrong?
Alan Greenspan: Partially.
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Losing Our Way
By BOB HERBERT
Published: March 25, 2011
So here we are pouring shiploads of cash into yet another war, this time in Libya, while simultaneously demolishing school budgets, closing libraries, laying off teachers and police officers, and generally letting the bottom fall out of the quality of life here at home.
Welcome to America in the second decade of the 21st century. An army of...
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Dubai on Empty →
Its skyline erupting from the desert in just two decades, Dubai is a cautionary tale about what money can’t buy: a culture of its own. After gorging on the Viagra of easy credit, the emirate has the world’s tallest building, the world’s most expensive racetrack, and a financial crisis to match. From the Western mercenaries and Asian drones who maintain the gaudy show to 100-odd families who are...
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March Madness, Race Wars and Jimmer Fredette →
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HYUNINC: Jay-Z’s Great Champagne Robbery →
hyuninc:
It might be the best marketing in the history of wine. The story of how a rap mogul transformed a $50 champagne into the next Cristal—and received millions for doing so.
On a frigid February night, I’m waiting outside a ground-floor apartment in Harlem, beginning to wonder if I’ve got…
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The largest portion of our life passes while we are doing ill, a goodly share...
– Seneca the Younger
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