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...hear too much of in the coming months. It comes from the Greek husteros, which means late. It refers to what happens when something snaps in such a way that it can never be put back together. Bend a plastic ruler too far, drop that lightbulb - that cracking sound you hear is the marker of hysteresis. There's no way to restore what has just been smashed. (See the top 10 bankruptcies...
...were the same as or similar to the ones they had lost. But 1930s joblessness was structural. The jobs people lost - largely in agriculture - never came back. Workers had to move to the industrial sector, a transition helped by the demands of a war. It was massive national hysteresis. Sound familiar? "A lot of the jobs that have been lost will never come back," the Peterson Institute's Kirkegaard says. Which means that hiccup in Okun's law is a warning: growth alone won't employ America again...
...PETA people look to their point man. Their point man takes his glasses off. “That’s not our goal at all, “ he says. “We want to alienate everyone.” However ridiculous as this imagined scene may sound, it is the only way I am able to reconcile the classist content of PETA’s recent ad campaigns. PETA, whose Wikipedia page has probably been flagged for bias as often as the one on Scientology, is no stranger to controversy and the absurd. In their fight...
...steadily acquired a devoted and loving fan base. He was brought to a wider audience in North America by his work on the “Dan in Real Life” soundtrack, released in 2007. Throughout his career, the singer-songwriter has dabbled in jazz, orchestral sounds, straight-up rock, or wherever his fancy took him. His sixth studio album presents a mature artist that has found and settled comfortably into his own layered pop sound. Now able to draw from experience, Lerche takes the elements that worked best from his previous albums and brings them together; the record...
...Twitter is becoming a hub not just for socializing but also for social action. And as silly as they may sound, "Twestivals" get people to meet off-line to help a local charity. For non-Twitterers, TimeBanks.org is spreading a form of reciprocal community service, including everything from day care to tutoring...