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I am a deluded throwback to carefree days, and in my attempt to raise a conscious, creative and socially and environmentally responsible child while lacking the means to also finance her conscious, creative and environmentally and socially responsible lifestyle forever, I’d accidentally gone and raised a hothouse serf. Oops.

Reich’s thesis is that some inequality is inevitable, even necessary, in a free-market system. But what makes an economy stable and prosperous is a strong, vibrant, growing middle class. In the three decades after World War II, a period that Reich calls “the great prosperity,” the G.I. Bill, the expansion of public universities and the rise of labor unions helped create the biggest, best-educated middle class in the world. Reich describes this as an example of a “virtuous circle” in which productivity grows, wages increase, workers buy more, companies hire more, tax revenues increase, government invests more, workers are better educated. On the flip side, when the middle class doesn’t share in the economic gains, it results over time in a downward vicious cycle: Wages stagnate, workers buy less, companies downsize, tax revenues decrease, government cuts programs, workers are less educated, unemployment rises, deficits grow. Since the crash that followed the deregulation of the financial markets, we have struggled to emerge from such a cycle.

What if the kid got it in her head that it was a good idea to go into public service, the helping professions, craftsmanship, scholarship or — God help her — the arts? Wouldn’t a greedier, more back-stabby style of early education be more valuable to the children of the shrinking middle class ­ — one suited to the world they are actually living in?

Each of these developments has made it easier to do one’s business without wasted time and energy — without friction. Each has made economic transactions quicker and more efficient. That’s obviously good, and that’s what Bain Capital tries to do in the companies it buys. You may employ a lazy brother-in-law who is not earning his keep. If you try to do something about it, you may encounter enormous friction — from your spouse. But if Bain buys you out, it won’t have any trouble at all getting rid of your brother-in-law and replacing him with someone more productive. This is what “creative destruction” is all about.

These are all situations in which a little friction to slow us down would have enabled both institutions and individuals to make better decisions. And in the case of individuals, there is the added bonus that using cash more and credit less would have made it apparent sooner just how much the “booming ’90s” had left the middle class behind. Credit hid the ever-shrinking purchasing power of the middle class from view.

e. If credit card companies weren’t allowed to charge outrageous interest, perhaps not everyone with a pulse would be offered credit cards. And if people had to pay with cash, rather than plastic, they might keep their hands in their pockets just a little bit longer.

stock would crumble like a paper bag."

"big tax shelter" for Amazon since the paper is "losing a fortune."

Amazon is a "no profit" company.

A new study on killer whales, published on Thursday in Current Biology, suggests reproductive conflict between mothers and daughters may have played an important role in the evolution of menopause.

Yet they can live to be more than 90, meaning they might spend up to two-thirds of their lives not birthing any offspring.

But the unique demography of killer whale social groups may motivate younger females to invest more competitive effort into reproduction

The first phase of Foxconn’s automation plans involve replacing the work that is either dangerous or involves repetitious labor humans are unwilling to do.

In the long term, robots are cheaper than human labor. However, the initial investment can be costly.

There is, however, a central side effect to automation that would specifically benefit a company like Foxconn.

we recently featured an interview in which Noam Chomsky slams postmodernist intellectuals like Slavoj Zizek and Jacques Lacan as “charlatans” and posers.

The turn against postmodernism has been long in coming,

Chomsky characterizes leftist postmodern academics as “a category of intellectuals who are undoubtedly perfectly sincere”

social networking sites create pressure to put time and effort into tending weak ties, and how it can be impossible to keep up with them all. Personally, I also find it difficult to keep up with my strong ties. I’m a great “pick up where we left off” friend, as are most of the people closest to me (makes sense, right?). I’m decidedly sub-awesome, however, at being in constant contact with more than a few people at a time.

the devolution of friendship. As I explain over the course of this essay, I link the devolution of friendship to—but do not “blame” it on—the affordances of various social networking platforms, especially (but not exclusively) so-called “frictionless sharing” features.

I’m using the word here in the same way that people use it to talk about the devolution of health care. One example of devolution of health care is some outpatient surgeries: patients are allowed to go home after their operations, but they still require a good deal of post-operative care such as changing bandages, irrigating wounds, administering medications, etc. Whereas before these patients would stay in the hospital and nurses would perform the care-labor necessary for their recoveries, patients must now find their own caregivers (usually family members or friends; sometimes themselves) to perform free care-labor. In this context, devolution marks the shift of labor and responsibility away from the medical establishment and onto the patient; within the patient-medical establishment collaboration, the patient must now provide a greater portion of the necessary work. Similarly, in some ways, we now expect our friends to do a greater portion of the work of being friends with us.

what psychology teaches us. Turns out most of us just aren’t that good at calculating risk, especially when it comes to huge natural events like earthquakes. That also means we’re not very good at mitigating those kinds of risks. Why? And is it possible to get around our short-sightedness, so that this time, we’re actually prepared? Risk perception is a vast, complex field of research. Here are just some of the core findings.

Studies show that when people calculate risk, especially when the stakes are high, we rely much more on feeling than fact. And we have trouble connecting emotionally to something scary if the odds of it happening today or tomorrow aren’t particularly high. So, if an earthquake, flood, tornado or hurricane isn’t immediately imminent, people are unlikely to act. “Perceiving risk is all about how scary or not do the facts feel,”

This feeling also relates to how we perceive natural, as opposed to human-made, threats. We tend to be more tolerant of nature than of other people who would knowingly impose risks upon us—terrorists being the clearest example. “We think that nature is out of our control—it’s not malicious, it’s not profiting from us, we just have to bear with it,”

Why do teenagers “behave with such vexing inconsistency: beguiling at breakfast, disgusting at dinner; masterful on Monday, sleepwalking on Saturday?” David Dobbs has compiled the available scientific answers to that question masterfully in “Teenage Brains” for the May issue of National Geographic. Teenage brains, he says, are effectively bringing a new operating system online.

“as we move through adolescence, the brain undergoes extensive remodeling, resembling a network and wiring upgrade.”

This period of development, he writes, is also adaptive: it is perfect for “the job of moving from the safety of home into the complicated world outside.”

You probably don't know as much as you think you do. When put to the test, most people find they can't explain the workings of everyday things they think they understand.

Find an object you use daily (a zipper, a toilet, a stereo speaker) and try to describe the particulars of how it works. You're likely to discover unexpected gaps in your knowledge. In psychology, we call this cognitive barrier the illusion of explanatory depth. It means you think you fully understand something that you actually don't.

We see this every day in buzz words. Though we often use these words, their meanings are usually unclear. They mask gaps in our knowledge, serving as placeholders that gloss concepts we don't fully understand.

There are all sorts of romantic misconceptions about creativity. We’ve long believed, for instance, that the imagination is hindered by constraints and constructive criticism. But the scientific evidence clearly suggests that the opposite is true. We think of creativity as being an innate trait — you either have it or you don’t — when studies have consistently shown that even seemingly minor factors, such as the color of paint on the wall, can dramatically increase creative output. And then there’s the myth of effort. Because creativity has long been associated with the muses, we’ve assumed that creativity should feel easy and effortless, that if we’re truly inventive then the gods will take care of us. But nothing could be further from the truth. Instead, creativity is like any other human talent – it takes an enormous amount of effort to develop. And then, even after we’ve learned to effectively wield the imagination, we still have to invest the time and energy needed to fine-tune our creations. If it feels easy, then you’re doing it wrong.

Elon studies the future of "Generation Always-On"

By the year 2020, it is expected that youth of the “always-on generation,” brought up from childhood with a continuous connection to each other and to information, will be nimble, quick-acting multitaskers who count on the Internet as their external brain and who approach problems in a different way from their elders. "There is no doubt that brains are being rewired,"

the Internet Center, refers to the teens-to-20s age group born since the turn of the century as Generation AO, for “always-on." “They have grown up in a world that has come to offer them instant access to nearly the entirety of human knowledge, and incredible opportunities to connect, create and collaborate,"

the last thing an elite education will teach you is its own inadequacy

I’m talking about the whole system in which these skirmishes play out. Not just the Ivy League and its peer institutions, but also the mechanisms that get you there in the first place: the private and affluent public “feeder” schools, the ever-growing parastructure of tutors and test-prep courses and enrichment programs, the whole admissions frenzy and everything that leads up to and away from it. The message, as always, is the medium. Before, after, and around the elite college classroom, a constellation of values is ceaselessly inculcated.

The first disadvantage of an elite education, as I learned in my kitchen that day, is that it makes you incapable of talking to people who aren’t like you. Elite schools pride themselves on their diversity, but that diversity is almost entirely a matter of ethnicity and race. With respect to class, these schools are largely—indeed increasingly—homogeneous. Visit any elite campus in our great nation and you can thrill to the heartwarming spectacle of the children of white businesspeople and professionals studying and playing alongside the children of black, Asian, and Latino businesspeople and professionals.

I won’t pretend to be sad about the indictment of former VA Governor Bob McDonnell on corruption charges. If I have any compassion to spare, I’ll use it on the children of poor families in Virginia denied medical coverage by McDonnell’s refusal to accept Federal money to expand Medicaid

But there’s one deeply, deeply twisted element to the story that ought to worry all of us. McDonnell was the Governor of Virginia, the successor of Jefferson. And he wanted a Rolex watch.

One of the many problems that flows from increasing inequality of income and wealth is that the standards of the rich become the ruling standards. Mrs. McDonnell obviously felt that she would be disgraced if she appeared at her husband’s inaugural ball in the sort of dress an honest public servant’s wife could afford, when all the fundraisers’ wives - to say nothing of the female fundraisers - would be wearing a large fraction of the median annual household income. Does that excuse her committing extortion to get an Oscar de la Renta dress? Of course not. But it testifies to a corruption of manners that goes far deeper than corruption in office.

All of these industries work hard to defend our “right” — to smoke, feed our children junk, carry handguns and so on — as matters of choice, freedom and responsibility.

The food industry has created combinations that most appeal to our brains’ instinctual and learned responses, although we were eating those foods long before we realized that.

Knowing full well that S.U.V.’s were less safe and more environmentally damaging than standard cars, manufacturers nevertheless marketed them as safer, appealing to our “unconscious ‘reptilian instincts’ for survival and reproduction and to advertise S.U.V.’s as both protection against crime and unsafe drivers and as a means to escape from civilization.”

editor Jocelyn Glei and her team at Behance’s 99U pull together another package of practical wisdom from 21 celebrated creative entrepreneurs. Despite the somewhat self-helpy, SEO-skewing title, this compendium of advice is anything but contrived. Rather, it’s a no-nonsense, experience-tested, life-approved cookbook for creative intelligence, exploring everything from harnessing the power of habit to cultivating meaningful relationships that enrich your work to overcoming the fear of failure.

If the twentieth-century career was a ladder that we climbed from one predictable rung to the next, the twenty-first-century career is more like a broad rock face that we are all free-climbing. There’s no defined route, and we must use our own ingenuity, training, and strength to rise to the top. We must make our own luck.

Lucky people take advantage of chance occurrences that come their way. Instead of going through life on cruise control, they pay attention to what’s happening around them and, therefore, are able to extract greater value from each situation… Lucky people are also open to novel opportunities and willing to try things outside of their usual experiences. They’re more inclined to pick up a book on an unfamiliar subject, to travel to less familiar destinations, and to interact with people who are different than themselves.

One of the company’s most compelling arguments for its quest to spread GMOs is that Monsanto products are the solution to world hunger

The company’s defenders claim that opposing GMOs is a luxury of Western privilege that denies developing countries vital resources to feed impoverished communities

According to Food Sovereignty Ghana, seven African countries held anti-Monsanto rallies on Saturday

economists have increasingly become the go-to experts on every manner of business and public policy issue facing society

The economics profession that Mr. Thaler entered in the early 1970s was deeply invested in proving that it was more than a mere social science

To achieve the same mathematical precision of hard sciences, economists made a radically simplifying assumption that people are “optimizers” whose behavior is as predictable as the speed of physical body falling through space.