Why Nations Fail - In a nutshell: "Proximately, prosperity is generated by investment and innovation, but these are acts of faith: investors and innovators must have credible reasons to think that, if successful, they will not be plundered by the powerful. For the polity to provide such reassurance, two conditions have to hold: power has to be centralised and the institutions of power have to be inclusive." [more inside]
posted by kliuless on Mar 15, 2012 - 78 comments

The Control Revolution And Its Discontents - "the long process of algorithmisation over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
posted by kliuless on Feb 23, 2012 - 25 comments

Fareed Zakaria: Are America's Best Days Behind Us? - "We have an Electoral College that no one understands and a Senate that doesn't work, with rules and traditions that allow a single Senator to obstruct democracy without even explaining why. We have a crazy-quilt patchwork of towns, municipalities and states with overlapping authority, bureaucracies and resulting waste. We have a political system geared toward ceaseless fundraising and pandering to the interests of the present with no ability to plan, invest or build for the future. And if one mentions any of this, why, one is being unpatriotic, because we have the perfect system of government, handed down to us by demigods who walked the earth in the late 18th century and who serve as models for us today and forever. America's founders would have been profoundly annoyed by this kind of unreflective ancestor worship." [for/against]
posted by kliuless on Apr 17, 2011 - 93 comments

Professors' global model forecasts civil unrest against governments - With protests spreading in the Middle East (now Yemen - not on the list) I thought this article and blog on a forecast model predicting "which countries will likely experience an escalation in domestic political violence [within the next five years]" was rather interesting. [more inside]
posted by kliuless on Jan 27, 2011 - 42 comments

The Shinnecocks have been a fixture in New York State for centuries — their beads became the wampum Dutch settlers used as money in the colonies — but the US Department of Interior never included them on its official list of Native American tribes. That all changed on June 14th. Almost four centuries since their first contact with Europeans and after a 32-year court battle, the 1,300 member impoverished Shinnecock Native American Nation was formally recognised by the US federal government. The tribe's tiny, 750-acre reservation in the middle of the Hamptons (home and summer playground to some the country's wealthiest Americans,) is now a semi-sovereign nation, allowing them to apply for Federal funding to help them build schools, health centers and to set up their own police force, as well as the right to open a casino. [more inside]
posted by zarq on Jul 11, 2010 - 77 comments

Basicland vs. Sorrowland
A parable about how one nation came to financial ruin by Charles Munger. For extra colour there's... [more inside]
posted by kliuless on Mar 2, 2010 - 34 comments

How a New Jobless Era Will Transform America
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
posted by kliuless on Feb 11, 2010 - 84 comments

The End of Influence - the latest in a long series documenting the US' relative decline (esp wrt China 1 2 3 4 5) Brad DeLong and Stephen Cohen reflect on what has brought us to our past, but now fast-fading glory: "Roosevelt's strategy [entering WW2] was to make Britain broke before American taxpayers' money was committed in any way to the fight against Hitler." Before delving into our present predicament, however, it might also be useful to briefly consider some of the lessons from Bretton Woods and what the wealth of nations is really built upon.
posted by kliuless on Jan 31, 2010 - 39 comments

Governments around the globe are opening up their data vaults allowing us to check out the numbers for ourselves. This is the Guardian’s gateway to that information. Search for government data here from the UK, USA, Australia and New Zealand — and look out for new countries and places as they are added. Read more about this on the Datablog. [more inside]
posted by netbros on Jan 25, 2010 - 13 comments

Abdelrahman Zeitoun is a Syrian American businessman who spent the days after Katrina paddling around New Orleans in a canoe, saving elderly people and feeding stranded pets. His efforts were brought to a halt when he was detained by the Bush administration on suspicion of being a terrorist. [more inside]
posted by reenum on Aug 10, 2009 - 30 comments

Keynes & Marx thought "that productivity would grow sufficiently to allow our needs to be met with very little labour," and that humankind's biggest preoccupation in the future would be leading lives of comfortable (or comparative) leisure. Obviously, that has not yet come to pass. But why?** Yochai Benkler (previously), for one, is working on it... [more inside]
posted by kliuless on Apr 25, 2009 - 37 comments

Generation WE: How Millennial Youth Are Taking Over America And Changing Our World Forever (via) [more inside]
posted by kliuless on Oct 28, 2008 - 111 comments

Culture en péril - In these Canadian election times and in response to the recent Culture cuts from Conservatives - three of the best Quebec talents in music, theater and humor join forces and hit back hard (lol) with a highly satirical imagining of the replacement program (captioned).
posted by zenzizi on Sep 20, 2008 - 18 comments

Saddam's Confessions - Given Saddam Hussein's central place in the American Consciousness over the last couple decades and particularly in recent years, I found 60 minutes' interview with FBI interrogator George Piro pretty fascinating.
posted by kliuless on Jan 27, 2008 - 24 comments

Embracing Illegals: Companies are getting hooked on the buying power of 11 million undocumented immigrants - The Underground Labor Force Is Rising To The Surface [pdf]
posted by kliuless on Jul 11, 2005 - 30 comments