economic crisis

Aaron Newton and I are starting out our first-ever Advanced Adapting-in-Place class, for people who have taken our previous course or who have been on the adaptation journey for a while. If you'd like to join us there are still spots available and world enough and time to join, so please email me at jewishfarmer@gmail.com. In the meantime, the first step in sorting out what you need to do to get ready for a shifting future is to have some sense of what that future looks like - or the range of possible ways the future could look. There are a lot of possible ways to imagine the future.…
Our latest annual report is now online, and we think the results are worth looking at. We started with a favorite theme -- art and science -- and took it a step further. Ten short pieces on scientific research that deals with movement -- of proteins, electrons, black holes or theoretical random walkers -- are paired with works of art on a similar theme. Then we added poetry and fiction written by scientists, for good measure. The Insomniac City Cycles Ran SlavinStill from film, 2004-2009 It might all seem a bit exuberant, in light of continuing economic crises and regional politics. But if…
Back in October a study found that high testosterone levels were associated with higher levels of financial risk-taking. Now comes the blowback, as Andrew Sullivan notes: Tina Beatie attacks testosterone: ...it is interesting to note that Pope Benedict has recently suggested that there is a close connection between original sin and the greed that has created the current economic crisis. It is also notable that the credit crunch has been created by a profession that is almost exclusively male. In the line-up of failed bankers, not a single woman's name has appeared. Male greed has proven…
Check this very scary projection of what current trends in health-care spending will mean for our economy: a growing weight that will account for half of GDP by 2082: Peter Orszag, Obama's budget director, shows that slide in his standard talk on what's wrong with our budget. It shows why, as Ezra Klein puts it, an odd bedfellows coalition of centrist economists ranging from Dean Baker to Henry Aaron to Paul Krugman to, well, Peter Orszag and Jason Furman have been forcefully arguing that there is no such thing as an "entitlement crisis." Social Security is safe. The crisis is in Medicare.…
The health-care system's maddening inefficiencies -- high per-capita spending with poorer overall health outcomes; tens of millions uninsured and tens of millions more underinsured; insane-making battles with insurers to get reimbursements you're entitled too -- are reason enough to spur reform. But "The Big Fix," David Leonhardt's marvelous-but-long piece on the fiscal crisis in last week's Times Magazine, argues that these inefficiencies are a) a prime example of a vested elite's ability to manipulate the economy for its own good and b) one of the most serious obstacles to the nation's…
A group of economists and scientists are pointing to science to fix the "broken" American economy, positing that the crisis was caused by shortcomings in economic theory that scientific methods could potentially fix. But ScienceBlogger Jake Young is skeptical that this "Economic Manhattan Project" would be anything more than disastrous. "Why do we assume that scientists riding in like the cavalry will save the day?" he asks on Pure Pedantry.