The Incentive Bubble (
ungated pdf) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy."
[more inside]
posted by kliuless
on Apr 3, 2012 -
54 comments
How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (
via; previously on
arms contractors)
posted by kliuless
on Mar 21, 2011 -
69 comments
A Glimpse of the World All across Africa, new tracks are being laid, highways built, ports deepened,
commercial contracts signed -- all on an unprecedented scale, and led by China, whose
appetite for commodities seems
insatiable. Do China's grand designs promise the transformation, at last, of a star-crossed continent? Or merely its exploitation?
The author travels deep into the heart of Africa, searching for answers.
[more inside]
posted by kliuless
on Apr 26, 2010 -
20 comments
