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Stephen W. Lagakos, a long-time Harvard biostatistics professor whom colleagues remembered for his scientific leadership and personal warmth, died in a car crash Monday...
Economic reform arrived at Mexico's electrical utility on Saturday night wearing black body armor, crash helmets and ski masks. Flabbergasted workers arriving for early morning shifts on Sunday found thousands of Federal police deployed to enforce a government decree shutting down the company. A special edition of the government gazette decreed that because of inefficiency and unacceptable losses, the state-run utility that provides power to 25 million people in the heart of Mexico had ceased to exist. Its 44,000 employees were immediately terminated, depriving the nation's oldest industrial trade union of its entire membership. The plants...
...idea is to retrofit roadways with charging stations and tailor routes to low-speed, limited-distance electric and muscle-powered vehicles, including EVs, hybrids, bicycles, scooters, horses and Segways. The basic law: stay under 35 m.p.h., unless your vehicle is crash-tested and certified for higher speeds. Of course, good old gas guzzlers are welcome too, as long as they go slow. "Everyone that's in this movement has a yearning for a slower pace," says Dean Curtis, who operates the website Green Interstate. "The great thing about the green highways is that they already exist. People just have...
...years into the Great Recession, it's time to face the truth: optimism feels good, really good, but it turns out to be the methamphetamine of run-amok American capitalism. Meth induces a "Superman syndrome." Optimism fed into what Steve Eisman, a banking analyst who foresaw the crash, calls "hedge-fund disease," characterized by "megalomania, plus narcissism, plus solipsism" and the belief that "to think something is to make it happen." The meth-head loses his teeth and his mind; the madcap optimists of Wall Street lost something like $10 trillion worth of pension funds, life savings and retirement accounts...
...pessimism, which can be equally delusional. What we need here is some realism, or the simple admission that, to paraphrase a bumper sticker, "stuff happens," including sometimes very, very bad stuff. We don't have to dwell incessantly on the worst-case scenarios - the metastasis, the market crash or global pandemic - but we do need to acknowledge that they could happen and prepare in the best way we can. Some will call this negative thinking, but the technical term is sobriety...