Number of words: 4,469 After the worst financial collapse since the Great Depression, three officials from the Financial Crisis Inquiry Commission visited Warren Buffett at his office in Omaha, Nebraska. They wanted to ask America’s most successful investor about his 24 million shares in the credit-rating agency Moody’s. The commission would later identify Moody’s and other rating … Read more
Number of words: 923 New Scientist reports that doctors have used therapeutic suspended animation for the first time as part of a carefully designed human trial. The procedure, called Emergency Preservation and Resuscitation (EPR), is a way to try to save the lives of people with severe traumatic injuries like gunshot damage—patients who have lost the majority of … Read more
Number of words: 651 An international study with significant participation from India has found no extra benefits from coronary stent implants or bypass procedures over strategies that use medicines and lifestyle changes to treat moderate or severe heart disease. The study involved 320 sites worldwide, including 19 government and private Indian hospitals. It found no … Read more
Number of words: 619 On Halloween 2013, I was driving home after an early release from my job at the time. At a major intersection here in Chicago, I was driving below the speed limit (Chicago traffic!) through a yellow light just as an oncoming driver decided to turn left without the right of way. … Read more
Number of words: 364 In a boost to the fight against the menace of counterfeiting, two researchers at the Hyderabad campus of the Birla Institute of Technology and Science have developed an ink that changes colour when exposed to acid vapours and reverts to its original colour when exposed to base vapours. The ink contains … Read more
Number of words: 2,614 Paul Krugman, Nobel-prize winning economist and avowed champion of free trade, admits he and his colleagues got a few things seriously wrong about globalization, in particular around its downside impact on local labor markets. “We missed a crucial part of the story,” Krugman wrote in a Bloomberg article in October, referring to members of … Read more
Number of words: 525 Rajan’s new book explains the anger of a generation that feels denied and deprived of what was rightfully theirs – a middle-class American life. The class has, with vengeance, attacked what it sees as the perils of Globalization. In such a scenario its easy for a demagogue to emerge and point … Read more
Number of words: 1,049 So why is Trump the US President? Who are the people that may be delighted to have him as their President? Why is Globalization facing strong headwinds of protectionism and hyperbolic nationalism? Why there is an army of trolls online who will justify any act of omission or commission of their … Read more
Number of words: 3,331 In 2007, Gary Rivlin wrote a New York Times feature profile of highly successful people in Silicon Valley. One of them, Hal Steger, lived with his wife in a million-dollar house overlooking the Pacific Ocean. Their net worth was about $3.5 million. Assuming a reasonable return of 5 percent, Steger and his wife were … Read more
Number of words: 5,375 Despite the obvious joke of setting files on fire, acknowledged with a winking plea to “extinguish all GIFs before leaving the vicinity,” the anger was real and the mission was earnest: to free the web from the scourge of the GIF once and for all. Already more than a decade old … Read more
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