Skip to main content

December 04, 2017

From The New Yorker:
[Because] God was a trinity, to be created in the image of God was to be created for relationships; so to make relationships the purpose of your life was to fulfill your human mission.

From The Economist:
Facebook acknowledged that before and after last year's American election, between January 2015 and August this year, 146m users may have seen Russian misinformation on its platform. Google's YouTube admitted to 1,108 Russian-linked videos and Twitter to 36,746 accounts. Far from bringing enlightenment, social media have been spreading poison.

From The TLS (Lydia Davis on Books of the Year 2017):
Climate Changed: A personal journey through the science, by Philippe Squarzoni (Abrams ComicArts; translated by Ivanka Hahnenberger), was on the reading list of a local library series here about how to help prepare our communities for the imminent future. I don’t know what to call it ­ ­– graphic non-fiction? – but it turned out to be the perfect way to present pages upon pages of hard (and hard-to-face) numbers that I would have had trouble absorbing in a denser, text-only format. The science, and the data, are clearly explained and backed up with sources. Counter-arguments by climate change doubters, and by proponents of less than radical solutions, are intelligently anticipated. The approach of the book, via a personal narrative, helps to humanize, and illuminate, the difficulty of the choices we are now faced with as individuals, living in strange times for which we have not been prepared.

From The New York Times (on Lawrence Osborne's Beautiful Animals):
On a Greek island, two wealthy young women encounter a handsome Syrian refugee, whom they endeavor to help, with disastrous results.

From The Economist:
[One] study found that users in rich countries touch their phones 2,600 times a day. 

Comments

Popular posts from this blog

February 24, 2018

From The New York Times : We are willing to pay a premium for convenience, of course — more than we often realize we are willing to pay. During the late 1990s, for example, technologies of music distribution like Napster made it possible to get music online at no cost, and lots of people availed themselves of the option. But though it remains easy to get music free, no one really does it anymore. Why? Because the introduction of the iTunes store in 2003 made buying music even more convenient than illegally downloading it. Convenient beat out free. As task after task becomes easier, the growing expectation of convenience exerts a pressure on everything else to be easy or get left behind. We are spoiled by immediacy and become annoyed by tasks that remain at the old level of effort and time. When you can skip the line and buy concert tickets on your phone, waiting in line to vote in an election is irritating. This is especially true for those who have never had to wait in lines (whic...

February 26, 2018

From The Economist : An equity is a claim on the assets and the profits of a firm; a bond entitles the investor to a series of interest payments and repayment on maturity. Bitcoin brings no cashflows to the owner; the only return will come via a rise in price. When there is no obvious way of valuing an asset, it is hard to say that one target price is less likely than another. Bitcoin could be worth $10 or $100,000. One argument made by bitcoinnoisseurs is that it is a type of “digital gold”. Stores of value are supposed to keep their value; bitcoin, by contrast, is extremely volatile. Its code ensures that no more than 21m coins can ever be created; that sets bitcoin apart from fiat money, which central banks can create at will. Yet being limited in supply is a necessary, but not sufficient, condition for having value; signed photographs of Economist journalists are rare but, sadly, of negligible worth. Nor is supply really limited. Plenty of other cryptocurrencies exist. If the...

February 27, 2018

From The New York Times : [Steven] Pinker contends that we should not be nostalgic for the economy of the 1950s, when jobs were plentiful and unions strong. A third of American children lived in poverty. Sixty percent of seniors had incomes below $1,000 a year. Only half the population had any savings in the bank at all. Between 1979 and 2014, meanwhile, the percentage of poor Americans dropped to 20 percent from 24 percent. The percentage of lower-middle-class Americans dropped to 17 from 24. The percentage of Americans who were upper middle class (earning $100,000 to $350,000) shot upward to 30 percent from 13 percent. There’s a fair bit of social mobility. Half of all Americans wind up in the top 10 percent of earners at at least one point in their career. One in nine spend some time in the top 1 percent. Poverty has been transformed by falling prices and government support. “When poverty is defined in terms of what people consume rather than what they earn, we find that the...