Africa is booming, but less restrictions to trade and a crack down on corruption is needed to sustain growth and prevent collapse.
Thursday, February 28, 2013
Wednesday, February 27, 2013
HCP
The US is about to launch the "human connectome project" that seeks to map out every connection in the brain using electron microscopes and cognitive imaging. If it works, it will reveal life's greatest mystery.
The American Association for the Advancement of Science: mapping the brain: Only connect
Tuesday, February 26, 2013
Texas
The Texas budget surplus is not all it's cracked up to be, as they have to make budgets 2 years in advance and are not allowed to spend more than indicated in the budget, the flailing school system is still facing $6 billion in cuts.
Transactions tax
A tax is being proposed that will charge a minimal tax on all transactions in Europe, but such a tax will deter foreigners from investing in European assets at a time when Europe needs it the most.
Monday, February 25, 2013
Illegal drugs
Banning drugs has done nothing to curb its consumption and only lead to rise in crime and loss of lives. Legalizing, regulating, and taxing drugs is a better alternative and politicians should be brave enough to enact such a change.
Sunday, February 24, 2013
Asteroids
Apocalyptic asteroids can be detected decades or centuries in advance and acted upon, but smaller ones big enough to still kill a city can not. This is something that a NASA without a space shuttle program can divert their attention to.
Saturday, February 23, 2013
Cyber theft
China should reconsider supporting cyber theft if it wants to be taken seriously in the international community.
Thursday, February 21, 2013
Syria
Obama is attempting to avoid another foreign conflict in favor of dealing with the economy, but America will invariably get sucked into Syria's troubles as the country disintegrates and jihadist militias unravel everything America was trying to accomplish in the middle east.
Hagel
Hagel's rocky confirmation hearing shows how split the country is over matters of foreign affairs.
Wednesday, February 20, 2013
Minimum wage
Obama set out a plan to raise minimum wage, which is lower in the US than almost any other OECD country. Liberals argue that doing so would increase the spending power of the poor and boost the economy. Conservatives claim that it would cost low skill workers their jobs. Neither is quite right.
Tuesday, February 19, 2013
State of the Union
Obama's plan to avoid the sequester is a good deal for the Republicans (cut medicare and tax reform), but whether the Republicans will agree is another matter. Obama is trying to get his way by bullying the Republicans and trying to get the public on his side. He needs to start courting the Republicans more if he wants to get his way and avoid the hostile atmosphere that dominated his first term.
Monday, February 18, 2013
Microbiomes
Microbiomes have been shown to be important to various aspects of health and now, a paper shows that the kidneys can detect a substance made by gut bacteria and alter blood pressure accordingly.
Sunday, February 17, 2013
TTIP
In his State of the Union address, Obama mentioned lowering tariffs between Europe and America. This would be a huge Boone to the economies of both partners, but lobbies that want to protect their own interests and incomes stand in the way of implementation.
Saturday, February 16, 2013
Currency war
A lot of fuss is being made about a currency war, but the week dollar and the yen are a product of low interest rates, which will boost domestic demand and with it, import. The eurozone would do well to emulate this.
Friday, February 15, 2013
Tax havens
A lot to criticism has been made in America against tax havens, but America itself serves as a tax haven for certain foreign companies, and the tax code allows for legal tax dodging. Fixing corporate taxes therfore has to start domestically.
Thursday, February 14, 2013
Batteries
Since lithium battery technology has probably reached its optimum, new forms of batteries will have to be invented for future gains.
Tuesday, February 12, 2013
Sequestration
The pentagon is facing harsh cuts and reductions in personel if the sequestration hits.
Murder rates
In light of the Newtown shootings, the rising murder rate has been drawing a lot of attention. It has become difficult for those in certain areas to get elected if they get an A on the NRA scorecard, something that would have been inconceivable a years ago.
Monday, February 11, 2013
Online identity
It's very hard to prove that you are who you claim online. This is why sites use passwords, which can be difficult to secure and easy to forget. A third party that handles online credentials for all websites would be better, but there's a long way to go before people feel comfortable enough to give a third party proper credentials.
Sunday, February 10, 2013
Social mobility
With the children of rich parents getting vastly more resources and favorable treatment in terms of better school districts and admission to better colleges, social mobility is at an all-time low in America. More money should be spent on educating students who perform poorly and students from poor neighborhoods.
Saturday, February 9, 2013
Yuan
The yuan is getting more international use, but in order for it to become a rival to the dollar, China will have to liberalize its financial market and reform its banks to be more capitalistic and less autocratic.
Friday, February 8, 2013
North Korea
Article
Wednesday, February 6, 2013
Sleep and memory
During sleep, the brain doesn't only choose what to remember, but also actively decides what should be forgotten.
Kerry
Kerry has a lot of expertise and experience for the position of secretary of state, but he may be too ambitious.
Monday, February 4, 2013
Euro crisis
Article
Scandinavia
Scandinavian countries have become the role model for other economies as they have a great balance between fiscal responsibility and public programs. People in Scandinavia don't mind paying high taxes because they get great education and free health care in exchange. In other parts like the US, the country is too divided to embrace both the conservative philosophy of fiscal responsibility and the liberal philosophy of improving entitlement programs.
Saturday, February 2, 2013
Egypt
After a revolution and an election, Morsi is changing Egypt's constitution and entrenching his islamist party. His policies are very unpopular, and with an election coming up, Egypt may again descend into another revolution.
Immigration
After losing badly in 2012, the republican party finally agrees to immigration reform, opening the door to changes to the currently complex and inhibitory laws.