Why Don’t Student Loans Account for Earning Potential?

Over at Forbes, Hardeep Walia zeroes in on one of the key factors driving the student debt crisis: loans are often given out with little regard to students’ future earning potential. STEM students, for example, have more jobs open to them and earn far more on average than, say, philosophy students, yet both are treated as […]

The Perverse Consequences of China’s One-Child Policy

Wealthy Chinese families appear to have found a way around China’s one-child policy: pay a huge pile of money to middlemen agencies that will help them find a surrogate mother to give birth to a “designer baby” in the United States. And there are other side-benefits to this arrangement: once the child reaches 21, she […]

The Private Sector Is Shaking Up the Health Care Industry

Companies are starting to get proactive about reshaping the health care market, and the results could be revolutionary. The Times reports on new efforts GE is taking to drive down costs for its employees. Its current big push is for so-called “medical homes”: Over the last few years, G.E. has pushed for the creation of so-called medical […]

US Companies Buy in to MOOC Revolution

American companies are turning their attention toward MOOCs as a potential tool for finding new hires and training old ones. One of the newest programs along these lines is Udacity’s Open Education Alliance, a partnership with several major firms to create MOOCs that grant certificate in the skill-sets that are in high demand.As the WSJ notes, […]

Al-Qaeda Back Again

The image above is the cover story of the latest issue of the Economist. The topic is the resurgence of al-Qaeda and the call-it-anything-but-the-Global-War-on-Terror. A key passage from the leader: How much should Western complacency be blamed for this stunning revival? Quite a bit. Mr Obama was too eager to cut and run from Iraq. He […]

Egypt’s Four Step Recovery Plan

Everybody is staring transfixed at the US-Iran relationship and the UN struggle over Syria, but Egypt remains the key to Middle Eastern stability. The biggest question in the region is whether the new Egyptian government will stabilize the situation beyond the short term. The economics minister has laid out a plan:1. Use money from friendly […]

While EVs Slow, AVs See Open Road Ahead

When you get past the Tesla-fueled hype—the Elon Musk cheerleading, the various super- and hyper- prefixes in front of the requisite infrastructure—the renaissance of the electric car has been mostly underwhelming. Tesla’s approach has been to tout the sexy, high-end models first to help stoke demand for the product. Other carmakers like Nissan and Chevy […]

Rahm Punts on Pension Reform

Chicago has the highest pension burden in the nation, with liabilities amounting to an alarming 678 percent of revenues, according to a report by Moody’s. The ratings agency’s warning, coupled with the fact that the city will need to drastically increase pension contributions by 2015, has prompted Mayor Rahm Emanuel to try to buy some time. […]

Hold On To Your Warming Seats: New IPCC Report Out Tomorrow

The Intergovernmental Panel on Climate Change (IPCC) will release a draft summary early tomorrow morning that aims to encapsulate our current understanding of climate and our relationship with it. Greens, policymakers, and green policymakers all over the world will be paying close attention to this summary, because it represents the clearest communication from the scientific […]

Bill Gates’s Nuclear Ambitions

Bill Gates has dedicated his post-Microsoft life to humanitarian work—the Bill and Melinda Gates foundation has directed billions of dollars toward health and development programs around the world. But Gates sees energy reform as the quickest path toward reducing poverty, saying in a 2010 TED speech that “if you could pick just one thing to lower […]

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