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Integrity might sound like a personal virtue, but a new book says it's actually a precious economic asset. In The Economics of Integrity, journalist Anna Bernasek writes that almost every aspect of the modern global economy - from getting cash at an ATM to trading gold in international markets - is possible only because of deep-seated trust. She talked to TIME about the financial crisis, what's wrong with the dictionary definition of integrity, and how trust creates wealth. (See pictures of the global financial crisis...
...Baseball, a site dedicated to covering the baseball industry, and a fantasy player. "It definitely has that wow factor." The site is fairly intuitive, even for a rookie, and the news ticker that scrolls across the top is candy for baseball junkies. Hard-core stat heads, however, might be disappointed that the product does not allow you to export data into, say, an Excel spreadsheet for further saucing. You can't even cut and paste. "We are currently looking into how best to implement an export feature," says Bloomberg spokeswoman Silvia Alvarez...
...Part of the reason is that there's not much reason for numbers that big to have names, since they're seldom used. But the scientist in Sendek is hopeful that the prefix's day might come. "We're always learning more about the universe, stars, black holes, planets and galaxies," Sendek says. "That's when those big numbers start to come...
...Internet censorship as simply another blatant violation of human rights by the Chinese government is to impose our Western values on a country that considers its heritage and culture of benevolence to be superior to a culture based on property and rights. Such moral universalism is ethnocentric, and, might I add, it is also part of the reason why Google’s move to challenge China’s censorship laws has strained Sino-American relations...
When asked were they thought a typical Harvard student might be on a Friday night, an outsider might guess “the library.” Nevertheless, although it is true that students here work hard, many students have enveloped the old adage of “work hard, play hard”. Yet over the last two years, “play hard” has become “play harder” and that if you were to guess that a typical Harvard student could be found at UHS on a Friday night, you would...