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A Quick Look at Bloomberg News's Opinion Section for Aug. 7, 2012

THE EDITORS: Faster isn’t always better. If any good comes out of the
Knight Capital Group Inc. trading debacle, “it will be a commitment by
Wall Street's trading firms to help regulators design systems that can
track lightning-speed transactions and tap the brakes when the
computers spin out of control.” [Read more] And drought isn't the
only climate-related problem we have to worry about, THE EDITORS write.
There's also the rising sea level. “Congress could help -- by ordering
the Federal Emergency Management Agency to redraw its outdated flood
insurance rate maps to take into account anticipated sea-level rise.”
[Read more]
Links:
1. http://us2.campaign-archive1.com/?u=98bac6cd6075b07f398b277fa&id=7f4dd97611&e=002874f745
2. http://bloom.bg/O1WK0O
3. http://bloom.bg/O1WMWs

JEFFREY GOLDBERG: “Anti-Semitism, the socialism of fools, is becoming
the opiate of the Egyptian masses. . . . It's entirely acceptable among
the educated and creative classes there to demonize Jews and voice the
most despicable anti-Semitic conspiracy theories.” [Read more]
Links:
4. http://bloom.bg/O1WP4u

RAMESH PONNURU: Cable-television shows, often blamed for polarizing
Americans, could “elevate the political debate a little bit” by
bringing back the show 'Crossfire,' which featured one topic and two
hosts (one liberal and one conservative) and forced “partisanship to be
more intelligent and honest.” [Read more]
Links:
5. http://bloom.bg/O1WQpd

WILLIAM PESEK: Nobel Prize winner Muhammad Yunus’s answer for
rebuilding the Japanese Tohoku region that was hit by last year’s
earthquake and tsunami “may cause its own tremors: Japan needs a
microfinance industry.” [Read more]
Links:
6. http://bloom.bg/NfdvVA

BETSEY STEVENSON and JUSTIN WOLFERS: The field of economics is “in the
midst of a revolution” toward “a more empirical field, to the study of
what hard data can tell us about the way the world really works.”
[Read more]
Links:
7. http://bloom.bg/O1WTRG

MARK BUCHANAN: “The mathematical insight that turned Google Inc. into a
multibillion-dollar company has the potential to help the world avert
the next financial crisis.” A system like Google’s PageRank could
measure financial systemic risk by analyzing the links banks have to
other institutions. [Read more]
Links:
8. http://bloom.bg/O1WVsW

CALEB SCHARF: “Carl Sagan once said that to make an apple pie from
scratch you must first invent the universe.” The second of five
excerpts from "Gravity's Engines: How Bubble-Blowing Black Holes Rule
Galaxies, Stars, and Life in the Cosmos" examines how the universe was
built. [Read more]
Links:
9. http://bloom.bg/O1WYFc

RICHARD COHEN: The U.S. fencing squad shouldn’t be disappointed that
they only won one bronze medal at the London Olympics. “Seth Kelsey was
fourth in the epee. The men's foil team took fourth, as did Mariel
Zagunis, the hot favorite in women's saber.” [Read more]
Links:
10. http://bloom.bg/O1X2EP

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