Monday, January 28, 2008

Blog Cuttings

There's a handy guide to Global Risks 2008 published by the World Economic Forum at Davos. They score risks in terms of likelihood and severity. The biggest risk? House and asset prices collapsing in the US, UK and Europe causing a recession. So now you know.

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Looking back rather than forward, one paper I read recently points out that Adam Smith anticipated many of the insights of behavioural and neuro-economics without the aid of an fMRI scanner. A good introduction to both Smith and the new field of behavioural economics.

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A recent episode of BBC Radio 4's Thinking Allowed featured an interview with Roy Foster, whose book Luck & The Irish I have just started to read. Also contributing to the discussion was John Murray Brown, whose recent feature for Prospect I mentioned in a previous post. It's worth listening to, if only for the clip of Michael O'Leary giving out about Tony Blair apologizing for the Irish Famine ...

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Sometimes historical analogies help clarify what's going on the present day ... like the epic battle now under way between the HD DVD and Blu Ray formats for the next generation of DVDs. Don't leave the bunker.

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