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Tuesday, November 8, 2011

The Browser daily newsletter [08 Nov 2011]

8 November 2011

 Best of the Moment

End Bonuses For Bankers

Nassim Nicholas Taleb | NYT | 7 November 2011

Pay should be strictly regulated at systemically important financial institutions—big banks, also some insurance companies and hedge funds. No bonuses, ever. They're an incentive to take risks, which lead to bailouts Comments

The No-Growth Trap

Benjamin Friedman | National Interest | 25 October 2011

The world is caught in an increasingly acrimonious political deadlock, driven by stagnating incomes and living standards. Economic growth is the only panacea. But to achieve it, the political paralysis must be broken. How? Comments

How Our Training Fails Us When It Counts

Kevin Bell | Army Magazine | 1 November 2011

Ethical training for soldiers needs to recognise that there isn't a huge distance between being a good officer and torturing; that rules aren't enough when faced with anger and trauma at having one's comrades killed (PDF) Comments

All Roads Lead To (Ancient) Rome

Gilles Bransbourg | Newsweek | 6 November 2011

2,000 years ago Europe had a single currency. One that lasted for several centuries without so much as a central bank. Key difference between Rome's ancient economy and that of today's eurozone is principle of "subsidiarity" Comments

Facebook Vs Google: The Battle For The Future Of The Web

Miguel Helft & Jessi Hempel | Fortune | 3 November 2011

"In the long history of tech rivalries, rarely has there been a battle as competitive as the raging war between the web's wonder twins." Enjoyable overview of struggle to become superpower of the social web Comments

Why Do People Eat Too Much?

Jonah Lehrer | Frontal Cortex | 7 November 2011

On the psychology of gluttony. "The question is why people opt for bigger serving sizes. If we know we’re going to have a tough time not eating all those French fries, why do we insist on ordering them? What drives us to supersize?" Comments

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