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Before economics can progress it must abandon its suicidal formalism.

Before economics can progress it must abandon its suicidal formalism.

The Paradox of Choice: Why More is Less (Video Lecture) | The Simplicity Collective Jan 27, 2011 Posted by on | Barry Schwartz is a sociology professor at Swarthmore College and author of . In this talk, he explains how and why the abundance of consumer choice in modern society is actually making people miserable. But far from being a litany of despair, his is ultimately a message of hope, and a message implicitly supportive of the Simplicity Movement. Don’t think buying stuff through market transactions is necessarily going to lead to happiness, he is saying. Far from it. In short, sociologists like Schwartz explain why, in affluent societies, at least, money and possessions are much less important to human flourishing than people might at first think. Related posts: The Curse of Affluenza (Video Lecture)

World debt comparison: The global debt clock 100 Best (Free) Science Documentaries Online No matter how much you know, there is always something new to learn about science. While your college courses may cover the basics, you can get a more in-depth look at a wide variety of topics from Internet resources such as these great documentaries. These selections will help you explore everything from the inner reaches of the human mind to the outer areas of our universe and just about everything else in between. Better yet, they’re all free to watch online so you can learn more without spending a dime. Health and Medicine These documentaries cover topics like health care, diseases, nutrition, nursing, and more so you can get great insights into health and medicine. Super Size Me: In this movie, filmmaker Morgan Spurlock attempts to subsist on only a diet of McDonald’s for a full month. Drugs Learn how drugs impact the brain and the variety of legal restrictions imposed upon them from these documentaries. Genetics Evolution and Biological History Physics The Quantum Revolution: Dr. Geology

Open Collaboration - The Next Economic Paradigm I’ve dedicated a lot of research over the last few years to understanding the deep trends that will define the next economy. As I’ve written elsewhere, the global economy goes through a creative-destructive cycle every 50 years. And now we’re in the midst of a collapsing paradigm that is soon to be replaced by something new. In this article, I will explain what the new paradigm is and how it will impact every sector of society — including business, government, education, and basic research. The old economic paradigm was a service economy built on the digital communications revolution that began in the early 1970′s. This systemic shutdown requires a new paradigm for economic production, one that has been incubating in the minds of lead innovators for several years now and is just beginning to get recognized as the next model for the burgeoning new economy. The new model is the Open Collaboration Paradigm. Another profound shift will occur in the realm of ownership.

ECONOMY PROFESSOR | Wild "Fat Finger" Price Swings In London Stocks Questioned Two of Europe’s largest publically traded companies experienced wild market swings of nearly 10% in less than a matter of seconds, a move that was quickly dismissed as a “fat finger” mistake but is being questioned by a High Frequency Trading (HFT) expert as a potential planned trading strategy. Price swings in London stock exchange In London trading today, HSBC Holdings plc (NYSE:HSBC) (LON:HSBA), the large investment bank with its own proprietary trading division, rocketed 9.9% higher at approximately 11:20 a.m. in London before falling back in price minutes later, according to a report on Bloomberg. Speed of correction cited as reason to label event as “fat finger” “Looking at the speed of the correction in the shares, it’s pretty clear that it was a fat-finger trade,” Alastair McCaig, a market analyst at IG in London, said to Bloomberg to explain both events. HFT algorithms known to engage in rapid buying and selling The latest iteration of U.S. Wider concerns

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