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Why Republicans May Skip 2012 Presidential Run - NYTimes.com
Haley Barbour’s decision to forgo a run for the presidency in 2012 puts him in the company of a half-dozen top Republicans who have considered — and rejected — a challenge to President Obama next year. The question is: why? In a statement that surprised much of official Washington, Mr. Barbour indicated that he does not have “absolute fire in the belly” to mount a campaign that, if he wins, could consume the next 10 years of his life.As he seeks to revive his flagging third term, Mr. Bloomberg has taken a strong personal interest in the project, embarking on a campaign-style effort to lobby university leaders and business executives. Such a school, envisioned as one of the largest development projects in the city’s history, could transform the local economy and help burnish his image as a financial steward. The idea is one of the more imaginative proposals to come out of Mr. Bloomberg’s City Hall, but it may also be among the riskiest.
Bloomberg’s Big Push for an Applied Sciences School - NYTimes.com
Europe Investigates Banks Over Derivatives - NYTimes.com
11:05 a.m. | Updated European Union antitrust regulators announced on Friday two sweeping antitrust investigations into the world’s largest banks and their roles in a market for derivatives where a small number of companies control trillions of dollars of financial instruments. The European officials are looking at whether banks, including Barclays and Goldman Sachs , have harmed rival organizations that could compete in markets for providing information and clearing a form of transaction that had become critical to the smooth functioning of the entire economy. “Lack of transparency in markets can lead to abusive behavior and facilitate violations of competition rules,” the European Union antitrust commissioner, Joaquin Almunia, said in a statement. “I hope our investigation will contribute to a better functioning of financial markets and, therefore, to more sustainable recovery.”newbies
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Joichi Ito Named Head of M.I.T. Media Lab - NYTimes.com
The No. 216 sideboard, by Swedish designer Jesper Ståhl for Voice , is one sleek piece of storage furniture. The idea behind the design was for the door compartments to correspond to the A-series paper standards that are used worldwide. A0 (square meter) being the size of the whole unit and all the way down to A8 (74 mm x 53 mm), the smallest door on the unit. The doors are various shades of green giving it a bright, fun feel while the body of the unit and the legs are made of ash veneer. Hold the phone!
Design Milk: Modern Design
Game theory is the science of strategy. Put another way it’s about "anticipating how others will respond to what you are doing and realizing that you can actually change what they are doing," as Barry Nalebuff , Professor of Management at Yale School of Management, describes in his Big Think interview. People have been thinking strategically forever, so in order to trace the evolution of this field, you could go back to the dawn of history—certainly the Peloponnesian Wars or Sun Tzu's "The Art of War." But game theory as a real science dates back less than 100 years, really to the mathematician John von Neumann , the father of modern game theory. In 1928 , shortly before joining the Institute of Advanced Study in Princeton, he published the seminal paper "On the Theory of Parlor Games," which culminated in the 1944 book "Theory of Games and Economic Behavior," co-written with economist Oskar Morgenstern.
The Birth of Game Theory | Biography of an Idea | Big Think
Taxation Is Not Slavery | Politeia | Big Think
NEW YORK (Reuters) - Standard & Poor's threatened Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years. S&P, which assigns ratings to guide investors on the risks involved in buying debt instruments, slapped a negative outlook on the country's top-notch credit rating and said there's at least a one-in-three chance that it could eventually cut it. A downgrade, which would leave Germany and France with a higher rating, would erode the status of the United States as the world's most powerful economy and the dollar's role as the dominant global currency. If investors start demanding higher returns for holding riskier U.S. debt, the rise in bond yields would crank up borrowing costs for consumers and businesses. That would threaten to hurt the economy as it recovers from the worst recession since World War II.
U.S. credit outlook cut by S&P on deficit concerns | Reuters
Analysis: Why smart investors made money on the BP oil spill | Reuters
Global capitalism isn’t working for the American middle class. That isn’t a headline from the left-leaning Huffington Post, or a comment on Glenn Beck’s right-wing populist blackboard. It is, instead, the conclusion of a rigorous analysis bearing the imprimatur of the U.S. establishment : the paper’s lead author is Michael Spence, recipient of the Nobel Prize in economic sciences, and it was published by the Council on Foreign Relations. Spence and his co-author, Sandile Hlatshwayo, examined the changes in the structure of the U.S. economy, particularly employment trends, over the past 20 years. They found that value added per U.S. worker increased sharply during that period – 21 per cent for the economy as a whole, and 44 per cent in the “tradable” sector, which is geek-speak for those businesses integrated into the global economy.
Capitalism is failing the middle class | Chrystia Freeland | Analysis & Opinion | Reuters.com
Synergy Art Foundation
The Best Art Party of the Year! With special thanks to Ian Ashley for coordinating the event and for all her tireless work on behalf of Synergy. Without her hard work, vision, and of course "The House of the Future", along with the gracious assistance of her husband Brian Judelson , this event and our four previous annual fundraising events would not have been the sucess they were. Saturday, October 2nd at 7:00 p.m. at The House of the Future , 5481 Toyon Road, San Diego for an extraordinary evening of music, performance and art.A Month of Mondays w/ Baskel & Clancy Mondays in April 11am – 1pm 4/2, 4/9, 4/16, 4/23, 4/30 Space 4 Art’s newest dance performance series Color Blank Space will be serving up daytime performances, A Month of Mondays, for those audience members who’d like to insert art into their daily routine. Every Monday for [...]
space 4 art | Work / Live Space for Artists
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