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Friday, November 23, 2012

The Browser daily newsletter [23 Nov 2012]

23 November 2012
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 Best of the Moment

Damien Hirst: Jumping The Shark

Andrew Rice | Businessweek | 21 November 2012

Prices of Hirst's work have been collapsing at auction, since he staged his own $200m sale in 2008. He's in a vicious circle: Trophy-art buyers don't like losers. "Hirst screwed with his market, and it came back to bite him" Comments

The Jihadis Of Yemen

Robert Worth | NYRB | 19 November 2012

Yemen's former president, Ali Abdullah Saleh, rode two horses at once, manipulating both the US, for its aid money, and local militants, to do his dirty work. He's been forced from office, but Yemen remains a complex, unstable place Comments

Inequality Is Killing Capitalism

Robert Skidelsky | Project Syndicate | 21 November 2012

Growing inequality of wealth was a big part of what got us into this mess. And how do we get out? "Our current situation requires not a lender of last resort, but a spender of last resort, and that can only be governments" Comments

What Killed Michael Porter's Monitor Group?

Steve Denning | Forbes | 20 November 2012

Consulting firm founded by business-school guru goes bankrupt. Why? Because Monitor advised clients to focus primarily on protecting themselves from competition. Not on innovation or customer satisfaction. Bad strategy Comments

Going Overboard

Thomas Hodgkinson | Spectator | 22 November 2012

How L Ron Hubbard and a boatload of Scientologists almost took over the Greek island of Corfu in 1968. They might have succeeded, but for Hubbard's habit of throwing a few blindfolded crew members overboard each morning Comments

Ask An Economist: Which Bond Villain Plan Would Have Worked?

Bilge Ebiri | Vulture | 9 November 2012

Goldfinger's plan to irradiate the US government's gold reserves with a nuclear bomb was pretty good. But Le Schiffre's scheme—in Casino Royale—to short airline stocks, then bring down a plane, has the added virtue of simplicity Comments

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