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o Mr Stiglitz, this inequality is the result of public policy being captured by a

To Mr Stiglitz, this inequality is the result of public policy being captured by an elite who have feathered their own nests at the expense of the rest. They have used their power to distort political debate, pushing through tax cuts to favour the rich and adjusting monetary policy to favour the banks. Many of the new rich are not entrepreneurs but “rent-seekers”, he says, who use monopoly power to boost profits. Mr Stiglitz's views are representative of clever, leftish America and Mr Stiglitz is (mostly) skilled at making his argument. Imagine, he says, what it would be like if the world had free movement of labour, but not of capital. “Countries would compete to attract workers. They would promise good schools and a good environment, as well as low taxes on workers. This could be financed by high taxes on capital.” The result would be a much more equal society. Mr Stiglitz's argument would benefit, however, from a better sense of history and geography. He points to the period between 1950 and 1980 as one where inequality was much reduced. But that was a highly unusual time. For much of recorded history there has been a huge gap between a wealthy landowning class and the rest; the Rockefellers and Carnegies were much richer (in real terms) than any modern plutocrat. Mr Stiglitz also views the housing boom and bust as another result of misguided American policy, but Spain and Ireland had property bubbles too—and they are much more equal societies.

When it comes to solutions to the inequality problem, Mr Stiglitz wants a top income tax rate of “well in excess of” 50%, targeted fiscal stimulus and greater bank regulation. Here, perhaps, he might have been more open about the trade-offs. Controls on bank leverage, caps on interest rates and greater protection for bankrupts are all likely to reduce bank lending at a time when there already is a credit squeeze. He admits that the 2009 fiscal stimulus was “not as well designed as it could have been”, but blithely hopes that the convoluted American budget-setting process will result in much better stimulus packages in future. Whether or not he has the right answers, Mr Stiglitz is surely right to focus on the issue. Across the developed world, the average worker is suffering a squeeze in living standards while bankers and chief executives are still doing very nicely. This dichotomy is bound to have social and political consequences.

Iceland seems to be doing surprisingly well.

It has repaid, early, many of the international loans that kept it afloat. Unemployment is hovering around 6 percent, and falling. And while much of Europe is struggling to pull itself out of the recessionary swamp, Iceland’s economy is expected to grow by 2.8 percent this year.

Finally, countless Americans are, by world standards, vastly over-paid and have been found out. There is nothing a laborer in Manhattan can do that someone just as competent but living in El Salvador cannot do for perhaps one-fifth the price. It should be no surprise that 6% of the world's population can no longer enjoy 25% of the world's output -- there was no place to go but down.

Normally, the lack of a middle class would preclude a nation from being a world power, but the Anglo-American establishment was able to pay for American industrialization by borrowing British capital; from America’s inception until World War I, it was a debtor nation.

Unlike England, which prior to the welfare state of 1909, really did have a large middle class (roughly 40% of the population) America never did; for most of its history the middle class have never been more than 6% of Americans (probably less the 3% today). Middle Class values were the preserve of the WASP establishment, a small elite of German Jews, an even smaller elite of African-Americansand an assortment of assimilated white “ethnics”, but for the most part the American population was working class; focused on today, consuming all they produced.

Even the Buddhist ideal of having no desires, and hence no unsatisfied desires, is extremely difficult to achieve and maintain for a whole society – not least of all for younger people (who, Daleiden says, have less self control). Science of morality could never yield a utopia. Nevertheless, science of morality could greatly increase well-being for very many people.[54]

Daleiden's last factor in prosocial training, mental associations, is quite familiar: he says it has been traditionally understood as the conscience – where the student learns to feel empathy, and to feel regret for harming others. Unless an individual can, and begins to feel empathy, it may be unlikely that any amount of reasoning, or any coherent moral system will motivate them to behave very altruistically.

it should be the intention of adults to shape children, or presumably "indoctrinate" them, to think critically. He adds that the focus is on especially socially relevant values (e.g. kindness, sharing, reasoning) and not the more personal

Scientists Invent Particles That Will Let You Live Without Breathing

The invention, developed by a team at Boston Children's Hospital, will allow medical teams to keep patients alive and well for 15 to 30 minutes despite major respiratory failure. This is enough time for doctors and emergency personnel to act without risking a heart attack or permanent brain injuries in the patient.

How to Grow Your Own Fresh Air

With only three varieties of plants, we can “grow our own fresh air” indoors, to keep us healthy.

1. Areca Palm (Chrysalidocarpus lutescens)Works well in the day timeGreat for living areasOne needs about 4 shoulder high plants/personNeeds to be put outdoors once every 3-4 monthsThe leaves of the plant need to be wiped everyday in Delhi and perhaps once a month in a cleaner cityThe soil used should be of vermi manure or use hydroponics

All Together NowClarizen’s pure SaaS-based project execution platform goes beyond project management, giving your whole team a centralized environment to manage projects, tasks, resources, budgets – as well as associate emails, chat and documents - with in an intuitive, easy to use UI. Project managers and organizations get real-time visibility and clarity, enabling them to make decisions based on data, not guesswork.  Users of the system gain a flexible, task management tool to help them understand priorities and get the important work done on time.

The Project Software Your Team will UseClarizen has great adoption rates, because it is provides each user a personalized dashboard showing only tasks, conversations, and documents that are relevant to them. As each user updates their status, using email, mobile apps, or from within Clarizen, this data rolls up to the manager’s view. As a project manager or executive, you have full visibility to plan, delegate, and get real-time status into what your team is working on.

Combining Project Structure with CollaborationClarizen marries project management with collaboration, ensuring that all email, chat and other unstructured communications are associated within the context of a project.  The result is a work management environment with robust simplicity: Clarizen is feature-rich and powerful enough for the most seasoned project professional, yet it’s easy for a novice to begin working more productively as soon as they begin using Clarizen.

Caffeine: A User’s Guide to Getting Optimally Wired

Caffeine is the most widely used stimulant in the world, but few use it to maximal advantage. Get optimally wired with these tips.

1) Consume in small, frequent amounts. Between 20-200mg per hour may be an optimal dose for cognitive function. Caffeine crosses the blood-brain barrier quickly (owing to its lipid solubility) although it can take up to 45 minutes for full ingestion through the gastro-intestinal tract. Under normal conditions, this remains stable for around 1 hour before gradually clearing in the following 3-4 hours (depending on a variety of factors). A landmark 2004 study showed that small hourly doses of caffeine (.3mg per kg of body weight [approx 20 mg per hour; thanks digg!]) can support extended wakefulness, potentially by counteracting the homeostatic sleep pressure, which builds slowly across the day and acts preferentially on the prefrontal cortex (an area of the brain thought responsible for executive and “higher” cognitive functions).

Remember More Without Trying Too Hard

Memory is a tricky beast. You might sit and study for hours on end, but for some reason it never seems to stick with you. However, as Time points out, implicit learning relies on three factors that are easy to control.

You'll need to do three things when studying or learning a new skill: Give your mind a ton of material: This might seem obvious, but immersing yourself completely in what you're trying to learn is the first step to actually learning it. You don't have to actively try to memorize things, just expose yourself to the skill or material as much as possible. Practice: We tend to stop practicing a skill or stop studying when we think "we've got it." However, well after we learn something we still continue to refine that skill. Sleep: It's thought that sleep is essential to learning and remembering. Some studies have suggested that the brain identifies patterns in our memories and consolidates them to make them permanent when we're sleeping. In essence, a good night of rest might be better than an all-night study-fest.

affeine is one seriously misunderstood substance. It's not a simple upper, and it works differently on different people with different tolerances—even in different menstrual cycles. But you can make it work better for you.

Luckily, one intrepid reader and writer has actually done that reading, and weighed that evidence, and put together a highly readable treatise on the subject. Buzz: The Science and Lore of Alcohol and Caffeine, by Stephen R. Braun, is well worth the short 224-page read. It was released in 1997, but remains the most accessible treatise on what is and isn't understood about what caffeine and alcohol do to the brain.

Caffeine Doesn't Actually Get You Wired Right off the bat, it's worth stating again: the human brain, and caffeine, are nowhere near totally understood and easily explained by modern science. That said, there is a consensus on how a compound found all over nature, caffeine, affects the mind.

"This is a book about science, technology, and love," writes Sherry Turkle. In it, we learn how a love for science can start with a love for an object—a microscope, a modem, a mud pie, a pair of dice, a fishing rod. Objects fire imagination and set young people on a path to a career in science. In this collection, distinguished scientists, engineers, and designers as well as twenty-five years of MIT students describe how objects encountered in childhood became part of the fabric of their scientific selves. In two major essays that frame the collection, Turkle tells a story of inspiration and connection through objects that is often neglected in standard science education and in our preoccupation with the virtual.