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...this new model of social creativity in part because these innovations have flowered at such breathtaking speed and in part because the platform is so simple. It's as if Twitter's creators dared us to do something interesting by giving us a platform with such draconian restrictions. And sure enough, we accepted the dare with relish. Just 140 characters? I wonder if I could use that to start a political uprising. (See the 25 best blogs...
...what actually happened to American innovation during that period? We came up with America Online, Netscape, Amazon, Google, Blogger, Wikipedia, Craigslist, TiVo, Netflix, eBay, the iPod and iPhone, Xbox, Facebook and Twitter itself. Sure, we didn't build the Prius or the Wii, but if you measure global innovation in terms of actual lifestyle-changing hit products and not just grad students, the U.S. has been lapping the field for the past 20 years...
...sure, the financial-services business is not immune to the downturn. Many bankers have lost their jobs as their firms have faced steep losses from bad loans or just gone out of business. There are 296,500 fewer people working in banking and insurance than there were at the start of the recession, according to the BLS. And financial-services workers have been hit far harder in this recession than in past ones. In the 2001 downturn, employment in the banking and insurance sectors actually rose 1%. Finance-industry jobs did fall in the early-'90s recession, but just...
...Others aren't so sure that the lid can be kept on the numerous problems causing unhappiness in large chunks of Chinese society. Cheng of Brookings, for one, believes the current lockdown can't last. "After one or two years, it will be impossible to keep quiet all the complaints about problems with the environment and corruption and so on," he says. "This can't go on forever...
...from one "climate witness," a farmer in Kenya's Mara Basin: "When I was young, we used to have regular rains, but now it rains any time of the year. These changes started about 20 years ago. Food production in the area has gone down because people are not sure when to plant, and even when they plant, they may not get rains at the right time. Farming in our area is not only for our food, we depend on agriculture for income too. Some people have even had to resort to food donations from the government, something that...