Andy Xie | Caixin | 4 June 2012 GDP figures have been pumped up by cheap credit, which encouraged inventory-building, which masqueraded as real economic growth. But stocks of real estate and commodities have grown too big to carry. Crunch time has come Comments Martin Eiermann | European | 4 June 2012 Conversation with Harvard political philosopher Harvey Mansfield. On welfare state and role of virtue, responsibility in politics. "The question is whether democracy continues to award itself greater benefits than it can afford" Comments Atul Gawande | New Yorker | 4 June 2012 The difference between triumph and defeat isn’t about willingness to take risks or attempts to prevent failure. In medicine, and much else, the difference is in how you react to failure. And whether you can master the art of rescue Comments Gabriel Sherman | New York | 3 June 2012 What Michael Bloomberg will do next. He'd love to be US president but, as a centrist, that avenue appears closed off to him. So he's pursuing the projects he cares about, on a global level. A kind of "mayor of the world" Comments Roman Krznaric | Outrospection | 4 June 2012 The monarchy is popular in Britain, with many people viewing it as a great tradition. But most of those ancient-looking ceremonies and rituals are fairly recent innovations. "They are what historians call ‘invented traditions'" Comments Gary Taubes | NYT | 2 June 2012 "The attitude that studies that go against prevailing beliefs should be ignored on the basis that, well, they go against prevailing beliefs, has been the norm for the anti-salt campaign for decades." Time for a rethink? Comments | 
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