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Benjamin Franklin once remarked that the beginning of wisdom is the knowledge of your own ignorance. This is no longer true. Nowadays, the knowledge of your own ignorance is the beginning of a race towards a computer with Internet access...
...this world where everyone has access to the same basic information about a variety of subjects but few people truly know things, the superficiality of our knowledge renders us vulnerable. Sure, there’s Factcheck.com. But who fact-checks the fact-checkers? Without our own knowledge to draw on, we must rely on the kindness of strangers. Admittedly, people who edit massive online encyclopedias in their spare time are probably not dangerous psychopaths, but there are plenty of pranksters out there who add things like “My dad knew him” to articles on Idiosyncrasy. This...
...Cooke's day job, as The Guardian's American correspondent, gave him carte blanche to crisscross his favorite country and send back his impressions of it. It also afforded him access to the glamorous people he'd revered watching them on a Blackpool movie screen. (In the 1950s Cooke's traveling companions were his second wife Jane and their friends, Humphrey Bogart and Lauren Bacall.) The famous somehow fell into his lap. Cooke was Greta Garbo's unofficial cigarette lighter, though he once said the most beautiful woman he'd ever met was Ava Gardner. They were charmed...
...creation of a massive shadow banking system run by investment banks, hedge funds and brokerage firms over the last 30 years that rivaled the traditional system in size but lacked every one of the stabilizing pillars that had been erected beneath it after the Great Depression: deposit insurance, access to a lender of last resort, a system for orderly failure, and reasonable constraints on risk and leverage. With near bottomless funds from money-market investments and sky-high leveraging limits, the shadow system financed the bubble that is now bursting. (See "Four Steps to Ending the Foreclosure Crisis...
...give up your morning latte, but want to save some dough, check out the Starbucks Gold loyalty program. For an annual membership fee of $25 you get 10% off all purchases at participating U.S. Starbucks stores, a free beverage on your birthday, plus two free hours of Wi-Fi access daily...