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...approach Thaler and Sunstein, the co-authors of Nudge, call "libertarian paternalism." But it's still paternalism, and Sunstein will have the power to put it into action. The idea of public officials, even well-meaning ones, trying to engineer our private behavior to produce change can seem a bit creepy...
...fossils or in the mind's eye of zoologists. In this week's cover story for our annual Environment issue, Bryan Walsh writes that there have been five great waves of extinction in the planet's history--the most recent being 65 million years ago when the dinosaurs bit the dust. Now, he suggests, we may be entering the sixth. Some 1 in 4 mammals are under threat, and conservationists estimate that the pace of extinction is up to 1,000 times as great as it was before humans walked the earth. The great difference this time is that...
...Schwarzman, unlike several Wall Street kingpins at his party, remains gainfully employed. His pay at Blackstone dropped to $350,000 in 2008 from $180 million the year before, but he'll manage. The failure of a hedge fund run by Carlyle Group, another big private-equity firm, played a bit part in the March 2008 minipanic that brought down Bear Stearns, but Carlyle as a whole is still chugging along. Private equity may not be thriving, but it is at least still standing. (See 25 people to blame for the financial crisis...
...drone of bees or an overcrowded city street, but of horns, drums, keyboards, and a true composer. Much of the album evokes the same reaction as the opening track. Songs begin with a noise that shocks you out of your comfort zone, causes your body to twitch a bit in response to such strong dissonance, and forces your hand to resist the urge to press next. Even if the songs aren’t initially easy on the eardrums, they are curious and compelling in their unraveling. None of Deacon’s tracks stands still for too long. They...
...subscription. “It’s not that young people don’t want to pay for services on the Internet. Nobody wants to pay for services on the Internet,” Waldorf said, adding, “I think the Internet is at little bit of a crossroads right now.” His words of wisdom to the assembled budding entrepreneurs were simple. “My number one piece of advice: don’t go into consulting or banking.” Waldorf emphasized the importance of “facing...