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Tuesday, July 17, 2012

The Browser daily newsletter [17 July 2012]

17 July 2012
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 Best of the Moment

How Google Is Becoming An Extension Of Your Mind

Stephen Shankland | CNET | 16 July 2012

Google's stated mission is: "To organize the world's information and make it universally accessible and useful." But that now seems narrow and restrictive. Here's why, and what we should expect from the search giant in the future Comments

Obama Winning Ugly

John Dickerson | Slate | 16 July 2012

Romney wants voters to remember Obama 2008 and feel let down. Also to see him as a better manager of the economy. But "he's never really offered a story to voters about how his career as a successful businessman will be good for us" Comments

Do Business Schools Incubate Criminals?

Luigi Zingales | Bloomberg | 16 July 2012

Yes. Students graduate with a sound grasp of economics, a poor grasp of ethics. "They perceive any failure to commit a high-benefit crime with a low expected cost as a failure to act rationally, almost a proof of stupidity" Comments

Tibet’s Golden 'Worm'

Michael Finkel | National Geographic | 17 July 2012

Thousands of Tibetan yak herders who once lived in poverty now own motorcycles, flat-screen TVs and iPhones. How? It's all down to yartsa gunbu — a rare fungus, with supposed medicinal properties Comments

China's Version Of Too Big To Fail

Andy Xie | Caixin | 16 July 2012

Moral hazard caused Western financial crash. China has similar problem looming in bond market, which "functions on the expectation that the central government will bail everyone out, whatever crazy products mushroom in the market" Comments

Once Upon A Time

Joan Acocella | New Yorker | 16 July 2012

"The reason that most people value fairy tales, I would say, is that they do not detain us with hope but simply validate what is." They tell us that knowledge, or fear, of danger and deprivation is not fantastic, but realistic Comments

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