The search for better
batteries: The skill of creating new types of battery is to tinker with the
materials of the 3 components (2 electrodes and a electrolyte medium) to make
things cheaper and better. One envelope to push now is to enhance the capability
of lithium batteries, another direction is the attempt for magnesium or
aluminum batteries. [Note: there is no miracle there]…Source: http://www.economist.com/news/science-and-technology/21571117-search-better-ways-storing-electricity-hotting-up-batteries
Law Schools’
applications fall as costs rise and jobs are cut: applications at 30 year
low with likely 54,000 applicants this year, mostly induced by declining job
prospects and debt load. [Note: could this be the future of business schools? I
cannot help but wonder]…Source: http://www.nytimes.com/2013/01/31/education/law-schools-applications-fall-as-costs-rise-and-jobs-are-cut.html?_r=0
Risky student debt is
starting to sour: 33% of all subprime student loans in repayment were > 90
days past due, up from 24% in 2007. That’s 11% of the $900 bn outstanding.
[Note: How to short? And have we missed the boat?]…Source: http://online.wsj.com/article/SB10001424127887323701904578273711404133732.html
Economist singing the
praises for Nordic’s model: Sweden, Denmark, Norway, and Finland are doing
rather well—with transparency to records, introducing private-competition, running
smaller government but spending just as much effectively. [Note: You need an
electorate that is relatively homogenous, educated, intelligent, and
thoughtful]…Source: http://www.economist.com/news/leaders/21571136-politicians-both-right-and-left-could-learn-nordic-countries-next-supermodel
…And it now proudly
presents the interactive Big Mac Index: Note: enjoy: http://www.economist.com/content/big-mac-index
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