Obama's threat to Syria seems empty after he failed to act in response to its use of chemical weapons. This does not bode well for America's image especially in terms of Iran and North Korea
Friday, April 26, 2013
Wednesday, April 17, 2013
Bitcoins
The digital currency had garnered attention with its wild fluctuations in value, but the convenience of Bitcoins for international purchases and its independence from regulations make it an attractive currency. Its demand is still low, however, and time will tell how popular the currency can become.
Friday, April 12, 2013
Thatcher
Following the passing of margaret thatcher, the world needs to realize that it needs more of her principles to deal with the current crisis
Thursday, April 11, 2013
Economic policy
Europe should look at the FED's boldness and creativity to learn what it has been doing wrong in terms of handling its financial crisis
Monday, April 8, 2013
Kim
The hope that Kim jung il's son will bring change to the country was misguided, as he has ratcheted up the tension by resuming nuclear development and threatening America.
Monday, April 1, 2013
Egypt
Egypyt's economy is sliding and its population has to vote for someone willing to push difficult and unpopular reforms to prevent economic collapse.
Global warming
Temperature may not be rising as quickly as previously feared, but even so current policies are woefully inept at dealing with climate change.
Saturday, March 30, 2013
India
India has great potential as a world power, but it needs to become more ambitious and be willing to take sides to have true influence in the world.
Wednesday, March 27, 2013
Alibaba
Alibaba already handles more money than ebay and amazon combined and is poised to become one of the world's most valuable companies and change China.
Tuesday, March 26, 2013
E cigarettes
Electronic cigarettes should be embraced, but some are trying to ban them for fear they are a gateway.
Saturday, March 23, 2013
Cyprus
The crisis in Cyprus is the fault of Cyprus letting its banks get too big and its creditors being too conservative to save it.
Wednesday, March 20, 2013
Cyprus
The bail out of Cyprus should not happen through its government, but through each individual bank (sadly this did not happen after the release of the article)
Tuesday, March 19, 2013
Pope Francis
The election of pope Francis, the first Jesuit and non-european pope, is important for religious and secular people alike due to the wide reach of the Catholic Church. He has a great chance to reform the church and reduce needless internal squabbles.
Saturday, March 9, 2013
Chavez
Chavez has done nothing to further Latin America's cause, with its recent boon mainly due to rising oil prices and trade with China. His death may finally bring about democracy in Latin America.
Friday, March 8, 2013
The Dow
The Dow is at a new high thanks to the central bank pushing down bond yields and encouraging investor confidence in equity. This has caused American companies to become overvalued and it is unlikely that the bull run will continue.
Thursday, March 7, 2013
Medicaid
Republican states are beginning to work with the federal government to expand medicaid, but reforming medicaid will be the true challenge.
Wednesday, March 6, 2013
Tuesday, March 5, 2013
Italy
The Italian election results are disastrous, with the people voting for a corrupt politician and a comedian. To prevent the exit of Italy from the euro zone and the fall of the currency, more reform and less austerity is needed.
Sunday, March 3, 2013
Mayer
Mayer is trying to force yahoo employees to stop working at home and start working at the office. Instead of trying to cure the symptom of unexcited employees, she should try to find and deal with the cause.
Energy
Tanks that were once meant to be used to import natural gas are now slowly being converted to export oil due to the success of fracking. However, the government has been slow to approve new exports. Exporting excess oil will reduce global use of dirty coal and bring money into America, so the administration should stop dragging its feet.
Saturday, March 2, 2013
Thursday, February 28, 2013
Africa
Africa is booming, but less restrictions to trade and a crack down on corruption is needed to sustain growth and prevent collapse.
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
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
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.
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
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.
Thursday, January 31, 2013
Lawyer
Expenses on legal proceedings in the US have risen astronomically. Partly to blame is the costly education process, which could be shortened as it is in many other countries. Law firms are also exclusively owned by lawyers. Allowing outside investors would encourage more efficient operation and lower operating cost.
Wednesday, January 30, 2013
Child trafficking
Child trafficking has been a big problem in China due to the one child policy, with gangs abducting children and selling then to orphanages, which put them up for adoption at high fees. Lately, the police and parents have been reaching out to social media to crack down on the practice, but it it's difficult with local officials, especially in rural areas, protecting the criminals and orphanages failing to check the DNA of children they receive.
Tuesday, January 29, 2013
Obama
Obama's inauguration speech hints that his second term will mainly focus on domestic affairs and that he values government programs more than attempting to decrease the debt. He also talked about gun control and fighting for gay marriage (first president to use "gay" the in his inauguration speech), indicating that he will be much less timid in this term.
Monday, January 28, 2013
Cameron
David Cameron is gambling by proclaiming that Britain will hold a referendum to see whether or not it will stay in the EU. However, the prospect of Britain leaving may compell other countries, primarily Germany, to be more lenient when it comes to renegotiating Britain's terms, so the gamble may pay off.
Sunday, January 27, 2013
Merkel
The CDU and FDP may not get the majority in the Bundesrat, forcing the conservative CDU to make a coalition with the liberal SPD. While Mrs Merkel is still likely to win the election, this may make her too cautious to make the aggressive changes that Europe needs to move forward.
Saturday, January 26, 2013
Economy
The world economy is much better off now with US housing recovering, the financial crisis over, and Europe on stronger foothold. A limit on the growth of entitlements rather than rapid austerity is part of the reason why the US fared better than Europe.
Friday, January 25, 2013
Dna storage
Dna is now being used as a way to store files. It can store massive amounts of data in a tiny space (duh) and will last for thousands of years of stored correctly, but it takes a day to extract the data from Dna and storage costs are over $10000 per mb. Still, this makes it useful for achieving huge files and data that don't need to be constantly accessed.
Wednesday, January 23, 2013
Deep Springs
Article
Tuesday, January 22, 2013
California Budget
California has gotten rid of its budget deficit thanks to cutting down on state programs and higher taxes through prop 30. It's not out of danger however, as the aging demographic will require a lot in terms of financial support and better education for the current youth.
Monday, January 21, 2013
Offshoring
Companies are starting to relocate jobs from abroad to back home at labor costs, especially in China, are rising. Many of these jobs require skilled workers, however, and developed countries should make sure not to fall behind the developing countries in that aspect.
Saturday, January 19, 2013
Sankaku / Diaoyu
China and Japan are coming increasingly closer to military confrontation and there are disturbing parallels between what is happening now and what happened 80 years ago.
Friday, January 18, 2013
Obama's legacy
Article
Reform in China
There has long been a deal in China between the rulers and the ruled. The rulers would ensure prosperity and in turn, the rules wouldn't ask for too much freedom. Many citizens are going back on the deal now as a growing middle class begins to demand the freedoms guaranteed to them by the Chinese constitution. Leaders in China would be wise to listen.
Wednesday, January 16, 2013
Debt limit
The debt limit is an anachronistic remnant from the 40s when all outstanding government bonds were combined into a single debt limit. The result is that the government can pass a budget with a deficit without approving the debt needed to fund it. This creates an unnecessary source of disagreement, as the budget itself is already controlled by Congress. The debt limit should therefore be abolished.
Tuesday, January 15, 2013
Innovation slow down
Innovation has declined by many measures over the last 100 years. Life expectancy and productivity increases soared in the first half of the century, but slowed drastically in the second half. Slowing innovation means we will one day no longer be able to support the exponential population growth. Government restrictions and unions should be reduced to decrease the hurdles many face now when trying to promote new ideas.
Monday, January 14, 2013
Mass
While seconds are now defined by the wobble of a cesium atom and meters by the distance light travels in certain fractions of said second, a kilogram is still defined by the weight of a lump of metal in Paris. This lump has been slowly changing in weight overtime, which is worrying to scientists, so now a new method is being devised to have a more robust measure of mass using a watt balance.
Sunday, January 13, 2013
Aaron Schwartz
Article
Men women age gap
The gap between the life expectancies of men and women is decreasing because men are starting to drink and smoke less than before. Obesity is also harder on women than men. But women still have 2 X chromosomes and longer telomeres. Also, testosterone promotes risky and aggressive behavior and suppresses the immune system. Fuck.
Friday, January 11, 2013
Biden the negotiator
Joe Biden has been very successful in the past and is now negotiating gun control, but it will take more than him to unite a country in which distrust for the opposition is so deep seated at both the citizen and executive level.
Thursday, January 10, 2013
India's women's rights
Article
Rice husks
Tires lose energy as heat through rolling friction, which is when a tire compresses. This reduces fuel mileage. Many things have been used to make tires stiffer and reduce rolling friction. The most recent discovery is silica. It's too expensive to extract and process silica from sand, so pirelli has discovered that small grains of silica also exist in rice husks. Rice husks, once a waste product, are now used as fuel. Now the ashes from burning rice husks, which used to be waste, are used for their silica.
Tuesday, January 8, 2013
Berlin airport fiasco
Berlin's new airport, planned in 96 to be completed in 2011 is yet to be opened, a big problem for a city that's so big and yet lacks a major airport due to cold war divisions. The new airport is projected to only carry half of the capacity planned and cost twice as much. Shit happens even to Germans.
Monday, January 7, 2013
Venom as medicine
http://www.economist.com/news/science-and-technology/21569015-snake-venom-being-used-cure-rather-kill-toxic-medicine?fsrc=rss%7Csct
Sunday, January 6, 2013
Foreign Universities in China
http://www.economist.com/news/china/21569070-foreign-universities-find-working-china-harder-they-expected-campus-collaboration