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In 2012, physicists in the Netherlands announced a discovery in particle physics that started chatter about a Nobel Prize. Inside a tiny rod of semiconductor crystal chilled cooler than outer space, they had caught the first glimpse of a strange particle called the Majorana fermion, finally

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Capital “Can’t be Gamed” – Except Whenever the Bank CEO Wants To

By William K. Black

On October 6, 2014, the Wall Street Journal, only three days ago, published an editorial claiming that regulatory capture was “inevitab[le]” and that we should give up on regulation and rely instead on “simple laws that can’t be gamed” such as an increased capital re...

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Thursday, 09 October 2014 |

Would it Surprise You to Know

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"What is the optimal consumer bankruptcy law?" Now that's an abstract first line that grabs my attention! I've thought about this question for most of my academic career, and I've struggled to find solid bases for an answer. Now, Indiana Univeristy economist Gray Gordon offers an intriguing if difficult to understand

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The 2014 Nobel science prizes: Blue’s brothersNobel’s prize was eternal fame
THE Nobel prizes were originally intended to reward people or organisations who, as the founder’s will put it, “have conferred the greatest benefit on mankind”. Often, in the field of physics, that benefit is a measure of understanding of the very small or the very distant: a light shone into the vast darkness of ignor...
Thursday, 09 October 2014 |

Global health: A new challenge

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Global health: A new challenge
TEN years ago the Bill & Melinda Gates Foundation began divvying up the money for what it hoped would be a novel approach to the task of solving the world’s health problems. The new programme’s organisers, led by Mr and Mrs Gates themselves, had identified 14 “grand challenges” in the field—from “preparing vaccines that do not require refrigerati...
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Since 1848, the Patriarchate of Antioch has had a “metochion,” or representation church (basically an church embassy) in Moscow. Immediately before he came to America, St. Raphael Hawaweeny served as head of the metochion. Earlier this year, the must-read blog Notes on Arab Orthodoxy published a brief history of the metochion and an...
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It's hard for workers to trust the President's support for policies that help them when the administration sides with Amazon at the Supreme Court.

Amazon’s business model is based on quick easy buying and low prices. One way it does that is to force its warehouse workers to wait a long time to leave work, without getting paid. And that’s just fine w

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Deepening political participation in and beyond voting is key to achieving policies that raise outcomes for the working class.

Inflation hawks have been the talk of the town in elite economic circles in recent weeks. More liberal-leaning minds critique their (frankly) unsubstantiated concerns that the Federal Reserve is driving the U.S. economy

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