Tags: General, Afghanistan, China, counterterrorism, GlobalPost, Iraq, Joseph Stiglitz, Linda Bilmes, Obama, Taliban
This is a question that is likely to hit home for Obama all the way over there in China. Join Discussion
Crisis? What Crisis?
Tags: MacroScope, emerging markets, crisis, economy, Great Depression, investments, macroseconomics, Supertramp. Nouriel Roubini
Are we now getting blasé about the latest crisis? Not so long ago, perfectly respectable economists and financial analysts were talking about a new Great Depression. The world was on the brink, it was said. Now, though, consensus appears to be that it is all over bar the shouting. Is the world safe? Join Discussion
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Not only is it too soon to celebrate, we are now plunging headlong into economic catastrophe in the west, leaving the reins of true power firmly grasped in the hands of the architects of this misery - the banks.
A rising tide of capital controls
Tags: General, central banks, emerging markets, fixed income, foreign investment, James Saft, The Great Debate
Easy money in the United States, a falling dollar and growing flows of funds seeking better returns in emerging markets are touching off a new round of capital controls in hot emerging markets, a trend that could accelerate and will at the very least increase market volatility. Join Discussion
Remembering how to forget in the Web 2.0 era
Tags: Great Debate US, Uncategorized, delete, digital, facebook, Internet, memory, twitter, viktor mayer-schonberger, Web 2.0
Forgetting has always been the norm and remembering the exception, but since the emergence of digital technology and global networks, forgetting has become an exception, author Viktor Mayer-Schonberger argues in a new book. How can we fight back against digital memory? Join Discussion
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“Forgetting plays a central role in human decision-making,” he argues. “It lets us act in time, cognizant of, but not shackled by, past events.”
Not quite. If you forget something then by the very nature of forgetting you cannot be cognizant of the past.
Memory is important. Learning the lessons of past mistakes is something we have failed to do for thousands of years. Digital memory makes it easy to review past history and keep the lessons of mistakes past clearly in mind so that they can be accounted for this time around.
More importantly, this new ability to "remember" is vitally important for citizens. It is very easy for leaders and elected officials to gloss over past misdeeds. But now they can be held to account. Digital memory puts power in the hands of individual people and this is a very good thing.
It is true that one can be shackled by fear if one attempts to live in the past. But memory itself is not responsible for fear. Only the human heart and ignorance of the facts bring fear. Memory then serves to shine a light on the road traveled. It helps us to get our bearings on our current position in life. And helps us to define our next starting point for new action.
While the music plays funds gotta dance
With just a few short weeks until the end of the year, look for many fund managers to take on more risk in an effort to salvage their annual return figures. Join Discussion
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In and around the hedge, nomatter what they try and sell you, it's always Groundhog Day. Always. Only the groundhogs have now completely morphed into lemmings, vaunting rancid vaporware as though it were The New Commodity.
Even so, not all of them jump at once. Why, you ask?
Here's why: because it would be just too fantastic if that entire species were to become suddenly extinct.
A freakonomic view of climate change
Tags: UK News, Uncategorized, climate change, COP15, Copenhagen, delegates, greenhouse gas emissions, stephen dubner, steven levitt, summit, united nations
Many scientists say that reducing carbon dioxide emissions is key to preventing climate change, but the authors of the book SuperFreakonomics say that geo-engineering is the route to take to save the planet. Join Discussion
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Analogy: a smoker is found to have an early lung cancer.
It is pointless to debated whether he should either (a) stop smoking or (b) have the cancer excised.
He must do both. We must Both decarbonise our economy (which will itself deliver a much wanted boost to the world economy by creating jobs in energy conservation and renewables)and sequester the excess carbon dioxide in the atmosphere.
It's a bit like walking along and chewing gum at the same time. Some cannot do this, but most, with a little application, find that they can.
Live Debate: Breast cancer screening and mammography
Tags: General, breast cancer, Congress, Daniel B. Kopans, health, Heidi Nelson, mammography, screening
In recent months, skeptics have turned their attention to cancer screening tests more than ever, from breast to prostate cancer. Some say that these tests do more harm than good, while others call them lifesavers. Should you and your loved ones get mammograms? Join Discussion
Trade lessons for climate negotiators
As hopes die for securing a a binding treaty in Copenhagen, climate brokers could still learn useful lessons on how to structure the negotiations. Join Discussion
China’s yuan, not the dollar, is too cheap
The dollar has fallen too much against the euro and some other currencies, because China, Japan and other Asian exporters have been unwilling, in varying measures, to abandon currency mercantilism and let their currencies rise in value as free markets would require. Join Discussion
Goldman, Morgan Stanley shrink commodity books
Both Goldman Sachs and Morgan Stanley reduced the size of their commodity trading books during the third quarter, according to their latest filings on Form Y-9C Join Discussion














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