Εμφάνιση αναρτήσεων με ετικέτα Science. Εμφάνιση όλων των αναρτήσεων
Εμφάνιση αναρτήσεων με ετικέτα Science. Εμφάνιση όλων των αναρτήσεων

Σάββατο 7 Μαΐου 2011

The IMF’s Switch in Time Joseph E. Stiglitz

NEW YORK – The annual spring meeting of the International Monetary Fund was notable in marking the Fund’s effort to distance itself from its own long-standing tenets on capital controls and labor-market flexibility. It appears that a new IMF has gradually, and cautiously, emerged under the leadership of Dominique Strauss-Kahn.
Slightly more than 13 years earlier, at the IMF’s Hong Kong meeting in 1997, the Fund had attempted to amend its charter in order to gain more leeway to push countries towards capital-market liberalization. The timing could not have been worse: the East Asia crisis was just brewing – a crisis that was largely the result of capital-market liberalization in a region that, given its high savings rate, had no need for it.

Παρασκευή 6 Μαΐου 2011

Nuclear Fusion In Four Years? Amazon's Jeff Bezos Is Betting On It

the sun
Ethonomic Indicator of the Day: 1,000 liters--the equivalent amount of gas you would need to get the nuclear fusion power of one liter of seawater.
Nuclear power is having a bit of a low moment these days. But that's just because we don't know how to do it right, the way the sun does. General Fusion--a startup that just announced that Amazon.com billionaire Jeff Bezos is providing financial backing as part of a $19.5 million funding round--claims it's going to solve the nuclear problem by creating clean, harmless nuclear power from water.
You read that correctly--Bezos is betting on nuclear fusion, the holy grail of nuclear nerds everywhere. Today's nuclear plants generate power from fission, a process that splits atoms to release energy as heat.