History Readings

Two days after a disastrous initial public offering, shares in Facebook are collapsing. They’re down to $33, well below the IPO price of $38.

The larger picture is that a powerful company, one that is collecting more information about more people than any organization in history, one that has 900 million members, making it the third-largest country on earth, is in the control of a 28-year-old man who has a history of being, well, less than forthright. Will it ever occur to people that so many who rub up against Facebook later notice that their watch and wallet are missing?

The first evidence to raise significant questions about the Clovis model emerged in the late 1970s, when the anthropologist Tom Dillehay came across a prehistoric campsite in southern Chile called Monte Verde. Radiocarbon dating of the site suggested that the first campfires were lighted there, all the way at the southern tip of South America, well before the first Clovis tools were made

Professor Waters announced finding dozens of stone tools along a Texas creekbed. After using a technique that measures the last time the dirt around the stones was exposed to light, Professor Waters concluded, in a paper in Science, that the site was at least 15,000 years old — which would make it the earliest reliably dated site in the Americas.

Having compared the DNA of modern American Indians with that of groups living in Asia today, scholars have estimated that the last common ancestor of the two peoples probably lived between 16,000 and 20,000 years ago. That figure doesn’t square with the arrival of the Clovis people from Asia only 13,500 years ago.

Now there's a new pattern created by two big ideas. First, for the first time ever, you have computer devices, mobile and tablet especially, in the hands of billions of people. Second is that we are moving all the social needs that we used to do face-to-face, and we're doing them on a computer.

Silicon Valley is screwed as we know it.  If I have a choice of investing in a blockbuster cancer drug that will pay me nothing for ten years,  at best, whereas social media will go big in two years, what do you think I'm going to pick? If you're a VC firm, you're tossing out your life science division. All of that stuff is hard and the returns take forever. Look at social media. It's not hard, because of the two forces I just described, and the returns are quick.

Companies like Facebook for the first time can get total markets approaching the entire population.

just one example of what Mr. Romney’s advisers call a perplexing pattern: Dozens of subtle position papers flow through the candidate’s policy shop and yet seem to have little influence on Mr. Romney’s hawkish-sounding pronouncements, on everything from war to nuclear proliferation to the trade-offs in dealing with China. In the Afghanistan case, “none of us could quite figure out what he was advocating,” one of Mr. Romney’s advisers said. He insisted on anonymity — as did a half-dozen others interviewed over the past two weeks — because the Romney campaign has banned any discussion of the process by which the candidate formulates his positions.

“It begged the obvious question,” the adviser added. “Do we stay another decade? How many forces, and how long, does that take? Do we really want to go into the general election telling Americans that we should stay a few more years to eradicate the whole Taliban movement?

what has struck both his advisers and outside Republicans is that in his effort to secure the nomination, Mr. Romney’s public comments have usually rejected mainstream Republican orthodoxy. They sound more like the talking points of the neoconservatives — the “Bolton faction

As last year’s Nobel economics laureate Thomas Sargent pointed out in his brilliant acceptance lecture, Europe is now roughly where the United States was between the Articles of Confederation of 1781 and the Constitution we know today, which replaced them in 1789. What is desperately needed is an Alexander Hamilton, prepared to take all or part of the debts of the individual states onto the federal balance sheet. What is desperately needed is a recognition that Europe’s present confederal structure is incompatible with monetary union created in 1999. The solution is available. Since November of last year the European Commission has been actively considering how to create “Stability Bonds” that would put the full faith and credit of the EU (i.e., Germany) behind at least part of the national debts of the member states. Taken individually, some of these debts are hopelessly high. Added together and compared with total euro-zone GDP, they are manageable. What stands in the way is not French socialism or Greek populism. It is quite simply German complacency. Life in Berlin is good. In Munich, the capital of the German manufacturing machine, it is even better. You should try explaining to the average Bavarian beer drinker at the Stammtisch why he needs to get ready to finance an annual transfer to the Mediterranean countries of up to 8 percent of German GDP. I never get very far. Here, then, is the twist in my tale of national character. For two generations, the Germans really did want to take over Europe—by force. But today, when they could do so peacefully, they can’t be bothered.

In the last four decades, centrist or modernist Islamists, most of whom accept the rules of the political game, brilliantly positioned themselves as the alternative to the failed secular "authoritarian bargain". They invested considerable capital in building social networks on the national and local levels, including non-government professional civil society associations, welfare, and family ties. In contrast to their secular-minded opponents, Islamists have mastered the art of local politics and built a formidable political machine that repeatedly has proved able to deliver the vote. Islamists’ recent parliamentary victories are not surprising, because they had paid their dues and earned the trust of voters

Islamist parties are increasingly becoming "service" parties: an acknowledgment that political legitimacy and the likelihood of re-election rests on the ability to deliver jobs, economic growth, and to demonstrate transparency. This factor introduces a huge degree of pragmatism in their policies. The example of Turkey, especially its economic success, has had a major impact on Arab Islamists, many of whom would like to emulate the Turkish model. The Arab Islamists have, in other words, understood the truth of the slogan, "It is the economy, stupid!" The Turkish model, with the religiously observant provincial bourgeoisie as its kingpin, also acts as a reminder that Islam and capitalism are mutually reinforcing and compatible.

It is notable that the Islamists' economic agenda does not espouse a distinctive "Islamic" economic model. This is unsurprising, however, as an Islamic economic model does not exist

In Tunisia and Egypt, Islamists, who were long perceived as opponents of the democratic system, are now promoting and joyfully participating in it. Even the ultra-Orthodox Salafis now have deputies sitting in the Egyptian Parliament, thanks to the ballots that they, until very recently, denounced as heresy.

It was the exclusion and suppression of Islamists by secular tyrants that originally bred extremism.

as Fareed Zakaria warned in his 2003 book “The Future of Freedom,” there are illiberal democracies, too, where the majority’s power isn’t checked by constitutional liberalism, and the rights and freedoms of all citizens are not secured. This is a risk for the post-Arab Spring countries, and even for post-Kemalist Turkey. The real debate, therefore, is whether Islam is compatible with liberalism.

Why, exactly, are banks special? Because history tells us that banking is and always has been subject to occasional destructive “panics,” which can wreak havoc with the economy as a whole. Current right-wing mythology has it that bad banking is always the result of government intervention, whether from the Federal Reserve or meddling liberals in Congress. In fact, however, Gilded Age America — a land with minimal government and no Fed — was subject to panics roughly once every six years. And some of these panics inflicted major economic losses.

The researchers found that the teachers were indeed not grading the black and Latino students as critically as the white ones. This trend has been documented before, but the deeper question Harber and his colleagues were trying to answer was the source of the teacher's motivation. What compelled them to be less critical of minority students?

The teachers were trying to preserve a self image of being unbiased. The research group came to this conclusion this because the teachers didn't show bias toward the objective aspects of the essay -- the grammar or the spelling -- but rather the subjective aspects like ideas and logic.

This social support, which mitigated the positive feedback bias toward black students, did not, however, change teachers' behavior toward Latinos. But Harber suggests there might be separate causes -- such as sympathy towards students who learned English as a second language.

About 650 of the nearly 1,700 schools in the system have populations that are 70 percent a single race, a New York Times analysis of schools data for the 2009-10 school year found; more than half the city’s schools are at least 90 percent black and Hispanic.

He has spoken to white parents trying to comprehend why the local schools aren’t more integrated, even as white people move in. “They say things like they don’t want to be guinea pigs,” he said. “The other day, one said, ‘I don’t want to be the only drop of cream in the coffee.’ ”

“The preponderance of evidence shows that attending schools that are diverse has positive effects on children throughout the grades, and it grows over time,” said Roslyn Mickelson, a professor of sociology and public policy at the University of North Carolina at Charlotte, who has reviewed hundreds of studies of integrated schooling. “To put it another way, the problems of segregation are accentuated over time,” she said.

A recent study found that 10 percent of people who work on Wall Street are “clinical psychopaths,” exhibiting a lack of interest in and empathy for others and an “unparalleled capacity for lying, fabrication, and manipulation.” (The proportion at large is 1 percent.) Another study concluded that the rich are more likely to lie, cheat and break the law.

Mandeville argued that commercial society creates prosperity by harnessing our natural impulses: fraud, luxury and pride. By “pride” Mandeville meant vanity; by “luxury” he meant the desire for sensuous indulgence. These create demand, as every ad man knows. On the supply side, as we’d say, was fraud: “All Trades and Places knew some Cheat, / No Calling was without Deceit.”

These aren’t anomalies; this is how the system works: you get away with what you can and try to weasel out when you get caught.

This is the biggest washout of modern times, folks. Gallup just this week put the likeability ratings at Obama 60, Romney 31. It’s not that Obama’s number is unusually high. Look back at those Kerry-Bush numbers. Americans are an open-hearted lot, at least presumptively, so they want to like the guy who’s going be the president. But they Do. Not. Like. Mitt. Romney.

there’s something very reassuring about this country reposing in those numbers, that the black guy with the weird name who’s been called everything under the sun is twice as likeable as the rich white guy. This is the America that drives the wingers crazy, but that the rest of us—the majority—live in, and love.

by taking a position directly counter to that of Mitt Romney, who favors a constitutional amendment to ban all rights for gay couples across the entire country, Obama advanced his key strategy to winning in the fall: to make this a choice election. If it is a choice election, he wins. If it is a referendum on the last four years of economic crisis, he could lose.

it’s been confirmed: gay rights is indeed a wedge issue. But now—unlike 2004—it’s a wedge issue for the Democrats. Women, too, are more supportive of marriage equality—a further shoring up of the gender gap already widened by the spring’s chatter about contraception.

He did this the way he always does: leading from behind and playing the long game. He learned from Clinton that tackling this issue up front would only backfire, especially in a recession.

interviews with dozens of venture capitalists and entrepreneurs in Silicon Valley, as well as with Facebook colleagues and outsiders who have mentored him along his climb, paint a promising picture. Beneath that hoodie, these people say, is an increasingly assured leader, one tempered by failures — and there have been some big ones — as well as astonishing successes.

He cultivated as advisers such tech giants as Bill Gates and Steve Jobs, as well as others as varied as Marc Andreessen, the co-founder of Netscape, and Donald E. Graham, the chairman and chief executive of the Washington Post Company.

“Not only did he have an incredible vision for the industry, but he had an incredible vision for himself.”

End of the euro.And we’re talking about months, not years, for this to play out.

"Dual citizenship isn't simply a matter of convenience, a way to make travel easier or a sentimental tie to the Auld Sod. It's a formal declaration of divided allegiance, civic bigamy, if you will."

claiming membership in two national communities is like belonging to two different religions, which means neither is accorded the respect due it.

it's an insult to both countries

Two prominent writers argued for banning college football on Tuesday night at New York University’s Skirball Center as part of the Intelligence Squared U.S. Debates series. Their opponents were two journalists, who also happened to be former players.

Before hearing the arguments, audience members were asked their opinion, and 16 percent were for the resolution to ban college football; 53 percent were against. At the end of the night, 53 percent were for it and 39 percent against. The undecided vote had plunged from 31 percent to 8 percent.

Gladwell was not amenable to modifications, calling the idea that brain injuries could be minimized by better helmets or medical care “a fantasy.”“I’ve seen pictures of the brain scans of people with C.T.E.,” he said, referring to a trauma-induced disease, “and it looks like someone drove a truck across their brain.”

Harvard and M.I.T. have a rival — they are not the only elite universities planning to offer free massively open online courses, or MOOCs, as they are known. This month, Stanford, Princeton, the University of Pennsylvania and the University of Michigan announced their partnership with a new commercial company, Coursera, with $16 million in venture capital.

The technology for online education, with video lesson segments, embedded quizzes, immediate feedback and student-paced learning, is evolving so quickly that those in the new ventures say the offerings are still experimental.

M.I.T. and Harvard officials said they would use the new online platform not just to build a global community of online learners, but also to research teaching methods and technologies.