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There is a very large gap between recognizing how addiction looks on a brain scan and developing therapies that are effective enough to safely abolish addictive behavior. Once a safe and effective candidate drug is discovered, a minimum of five years is needed before the Food and Drug Administration can deem it safe to administer to millions of addicts. We are at least a decade away from even starting such trials. Addiction is a side effect of the positive evolutionary pressures to respond to pleasurable stimuli by seeking repeat stimulation. Alcoholics Anonymous is one form of therapy that...
...when the wholesale loan markets it leans on for a huge slice of its funds dried up amid the global squeeze on credit triggered last month. An emergency, short-term credit line, agreed with the Bank of England late last week, was supposed to reassure savers their cash was safe. Northern Rock, insisted the Financial Services Authority over the weekend, was "open for business...
...statement insisting its business was solid; shares in Bradford & Bingley dropped by 15%. Desperate to restore order, the U.K. Treasury put its own money (meaning the public's money) down. "I want to put the matter beyond doubt," Darling said. Customers' cash held by the bank "will be guaranteed safe and secure." Shares in Alliance & Leicester and Bradford & Bingley recovered somewhat on Tuesday as well...
...bank's solvent,'" says Nic Clarke, banking analyst at Charles Stanley in London. "When it comes to their life savings, when they've got the choice of seven or eight other banks in the High Street where they can walk next door and deposit funds and consider them safe, the majority will do it. It doesn't really matter if the rationale is right or wrong, they're voting with their feet...
...Harvard, a place quite often accused of anglophilia and academic self-centeredness. Students cite strenuous tutorial requirements, an inflexible core curriculum and demanding concentration courses that must be taken in succession as prohibitive to studying abroad. But Harvard students continually stay home—perhaps because it is the safe option, but also because there is a certain desperate fear that academic life elsewhere is less challenging, less intense, and less interesting. This is not only untrue, but it is an insidious subplot at a university whose alumni continually go on to affect the world’s course...