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February 24, 2014For more, visit
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BANKING: None of the new measures to make banks safer address "the risk lurking in the linkages between financial institutions." Mark Buchanan: "In a new paper, complex-system specialists Sebastian Poledna and Stefan Thurner offer a relatively simple idea: Make banks recognize systemic risk by charging them for creating it."
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INNOVATION: Bill Galston has proposed that firms that fail to share their productivity gains with their workers should have to pay more tax. Clive Crook: "This falls in the category of dumb ideas. ... What he's proposing amounts to a tax on labor-saving innovation. Taxes on innovation don't promote growth in living standards."
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REPUBLICANS: Albert R. Hunt: "Any suspicion that the political right, after suffering a defeat on the debt ceiling and facing threats from business donors, is losing its clout can be dismissed by the fight over the United Nations Convention on the Rights of Persons with Disabilities."
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OLYMPICS: "What's worse than a snowless, subtropical Winter Olympics like the one that wrapped up in palm-tree-lined Sochi, Russia, this weekend?" Adam Minter: "How about an opening ceremony on an arid, smog-choked plain and skiing events in the mountains of the most polluted province in all of China?"
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