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8:30PM

Bankrupt

U.S. Federal Reserve Chairman Ben Bernanke and the board of governors did not have a clue that the global financial crisis that started toward the end of 2007 was upon them. The reason is simple: their econometric model completely ignored banks as a profit-making enterprise.

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12:59PM

Externalities Internalized

Economists refer to pollution as an externality of production. Its cost is not captured in the price of the good produced. Instead, those who suffer the pollution pay with diminished quality of life. Capitalism has been an exuberant exercise in externalities, long tolerated by governments which could have put them in check. Now, the U.S. administration is about to show long overdue notice.

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8:15PM

Telepathic Parrot

Inspired by famous parrot Alex, Aimée Morgana of Manhattan, New York, acquired a gray parrot: N'kisi. By the time he was 12 years old, N'Kisi had a vocabulary of 1,500 words. He usually spoke in sentences.

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10:00PM

The Rich Are Different

Feudalism flourished in western Europe between the 5th and 12th centuries. Lacking a centralized government, local lords had their fiefs. Society was caste-bound: strictly structured hierarchically.

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2:59PM

A Fist of It

Evolution plays favorites. Natural selection favors those that best exploit. Tooth-and-claw Darwinism has its latter-day expression in the economic inequality that pervades the capitalist world. The rich leverage their position to engender the hand-in-glove plutocracy that rules the world, leaving the collective falling further behind. This genteel aggression is a long way from its biological beginnings, though the impact is the same. Hands that evolved to allow hominins to adroitly manipulate the environment with such maladroit intent also afford another employment: less than genteel aggression.

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12:23AM

Life on Mercury

The solar system's innermost planet has the most eccentric orbit. It wobbles around the Sun every 88 days, with one-and-a-half rotations during that time. Mercury's temperature range is also the most extreme: from 700 K during the day to 100 K at night. Yet it likely has life.

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10:18PM

Warmaggeden

The Wicked Witch of the West has the climate report: "I'm melting. What a world…." The poles are liquefying faster than expected, because it has only recently dawned on scientists that the biosphere is a gyre. Up to now, climate models have not included feedback loops.

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9:49PM

Just Don't Munch the Seeds

Taily weed plays a special role in the desert ecosystem it inhabits. The weed sometimes serves a nursing role in helping other plant species become established. For animals, the taily weed produces thousands of tiny berries year-round.

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6:29PM

Parental Sacrifice

A mother's willingness to sacrifice for the sake of her children is innate in many species besides humans. Female polar bears starve to nurse cubs. Dolphin mothers stop sleeping to care for newborns. Some spider moms make a meal of themselves for their hatchlings.

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1:04PM

Heart & Mind

Close friends are held dear by empathy. Caring is the hallmark of emotional stature. Such emotional mush is an afterthought at best to a business owner. The cool analytics of profit enraptures a capitalist. Hence the regularity of public relations fiascos created by CEOs who display their love of lucre over the cares of employees or customers. This stark dichotomy between compassion and capitalism is seated within the brain.

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