America’s ‘Oh Sh*t!’ Moment Newsweek, essay by Niall Ferguson Civilizations don’t rise, fall, and then gently decline, as inevitably and predictably as the four seasons or the seven ages of man. History isn’t one smooth, parabolic curve after another. Its shape is more like an exponentially steepening slope that quite suddenly drops off like a [...]
Archive for November, 2011
Has the U.S. deleted the very things that made it great?
Posted in Uncategorized on November 6, 2011 | Leave a Comment »
Moneybrain
Posted in Uncategorized on November 6, 2011 | Leave a Comment »
The New Science Behind Your Spending Addiction Newsweek, by Sharon Begley and Jean Chatzky “Pleasure now is worth more to us than pleasure later,” says economist William Dickens of Northeastern University. “We much prefer current consumption to future consumption. It may even be wired into us.”… Research has also shown that having a good short-term [...]
