How The Economic Machine Works by Ray Dalio actually makes a case against austerity and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
In Korea, Changes in Society and Family Dynamics Drive Rise in Elderly Suicides - "The epidemic is the counterpoint to the nation's runaway economic success, which has worn away at the Confucian social contract that formed the bedrock of Korean culture for centuries." [more inside]
Fitocracy is a social game that harnesses the power of feedback loops to promote fitness. [more inside]
Right Wing astroturfing A non-scientific analysis of the patterns in forum board discussions on a variety of topics. The gist: discussions of issues in which there's money at stake (like climate change, public health and corporate tax avoidance) are often characterised by amazing levels of abuse and disruption by rightwing libertarians who are pro-corporate, anti-tax, anti-regulation. Discussions of issues in which there's little money at stake tend to be a lot more civilised than debates about issues where companies stand to lose or gain billions.
Nearly 1 in 5 young adults is out of work. Student debt is the highest its ever been. With a 10 year job growth of negative 230,000 jobs, the pool of available jobs is the lowest its ever been as a ratio to available college grads. And even with this dwindling tax base, in order to sustain Medicare and Social Security by 2020, we will need to tax 1.5 workers for every retiree. [more inside]
AIGA: Inequality Matters