Before I start my round I want to complain! About you! I can see from my statistics that I have a steadily (okay, ever so slowly) growing group of readers. But so few of you ever bother to comment on my posts? Now, this last post about the Nobel Laureates. Honestly, a good chunk of you must be avid readers like me. So you must also have an opinion of one or more of the last 48 years of Nobel prize winners?
Anyway, that was that out of the way. Marginal Revolution points to an article in a magazine for people with excess money to spend – these guys and gals are very sorry for themselves presently, because they’ve lost money. Some of them big money. The magazine is called Portfolio and the writer Felix Salmon. There’s a great quote:
If you’re running an insolvent bank, and you get a slug of equity from Treasury, your shareholders will thank you if you use that equity to take some very large risks. If they pay off and you make lots of money, then their shares are really worth something; if they fail and you lose even more money, well, there was never really any money for them to begin with anyway.
The Chief Happiness Officer points to this job advert. One of the best I’ve ever seen!
On Squattercity we can read that the authorities’ reluctance to legalise squat dwellings can lead to uncontrollable fires, death and homelessness. When a fire starts and there are no fire hydrants, there’s not much to be done! The article is about a fire in a squatter city outside Durban, SA. 2000 people were made homeless.
Kevin Kelly, the Internet guru, writes a post that instantly got my attention. He calls it The Expansion of Ignorance. Good title, eh? It’s about how the amount of information, patents and knowledge is growing ever more rapidly. But what’s growing more than the answers is the questions! Which of course leads to his conclusion:
we have not yet reached our maximum ignorance.
And here’s something else to raise your eyebrows: Ezra Klein points to this editorial in the Los Angeles Times (a newspaper, btw, named as “liberal” by some of my Texan family). The editorial advocates a no to a proposal for a new law in the state of California, which will
“…require that calves raised for veal, egg-laying hens and pregnant pigs be confined only in ways that allow these animals to lie down, stand up, fully extend their limbs and turn around freely.”
The editorial recommends a NO. Because otherwise the state will loose its egg business…
It’s late and I’m tired, having just read a long but very rewarding article in the New Yorker by Malcolm Gladwell. It’s been a while since I read anything new by him, but rumour has it that he has a new book out this autumn. The article is about prodigies vs. late bloomers. He focuses on late bloomers and explains the misconceptions we have about their lives and talent. His protagonist is the writer (who I’m afraid I’d never heard of, but who must now go on my Amazon wishlist) Ben Fountain. Gladwell writes fabulously – that alone should make you read the article. But if you’re also interested in what makes an artist an artist and why some geniuses might never bloom, you really MUST read it!