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Not for sale: What Money Can’t Buy

July 4th, 2012  |  Source: FT.com

Our romance with capitalism is a Faustian bargain, but two critiq:ues warn that giving free rein to markets comes at the cost of giving up a part of our soul

Martin Sandbu reviews:

What Money Can’t Buy: The Moral Limits of Markets, by Michael Sandel, Allen Lane /Farrar, Straus and Giroux

How Much is Enough? The Love of Money, and the Case for the Good Life, by Robert and Edward Skidelsky, Allen Lane

Opening paragraph:

Categories:  

Too Much Faith in Markets Denies Us the Good Life

June 7th, 2012  |  Source: Bloomberg Opinion

John Maynard Keynes’s generation of economists assumed that as people became more efficient at satisfying their wants, they would, and should as rational agents, work less and enjoy life more. Yet power relationships and the insatiability of human wants are such that we have maintained an ethic of acquisitiveness.


Offshore boat nurtures non-US tech startups

May 30th, 2012  |  Source: Springwise.com

Located close to Silicon Valley, Blueseed aims to be the first offshore floating startup community for firms whose employees do not have US work permits.

With plans to launch between the third quarter of 2013 and the first quarter of 2014, Blueseed will consist of a large vessel located 12 nautical miles from the coast of California, in non-territorial waters.


The Pennsylvania Ghost Town That's Been Burning For 50 Years

May 27th, 2012  |  Source: Businessinsider.com

It's not completely clear how the fire started, but most historical accounts hold that burning trash in a landfill near an abandoned strip mine ignited an exposed coal vein. The fire spread throughout a labyrinth of coal mines beneath the town, creating a giant underground inferno. 

That was 50 years ago today. 

Half a century later, Centralia, Pennsylvania still burns.  


How aid got smarter

May 26th, 2012  |  Source: FT.com

 

Academics, donors and some aid agencies have begun measuring what works. Development is becoming a science

I knew I was going to love this job here,” says Anthony Lake, Unicef’s executive director, pointing at his heart beneath his suit jacket. “But,” he points to his head, “it is fascinating here too. There are no boring bits.”


Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves

May 22nd, 2012  |  Source: CasePlace.org

An insider points out the holes that still exist on Wall Street and in the banking system. Exile on Wall Street is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown. 


A Harvard MBA's radical quest to erase his debt

May 16th, 2012  |  Source: Fortune

B-school grad Joe Mihalic went on an extreme financial diet to pay down over $90,000 in debt in just seven months and charted his story through an anonymous blogging project.

By John A. Byrne


Not always value for money

May 13th, 2012  |  Source: FT.com

 

Kai Peters, the chief executive of Ashridge Business School, tells Della Bradshaw, Business Education Editor, that students are not always seeing a good return on their investment, and that French schools have a competitive advantage over British ones because of their ability to merge. 

 

 

Video here: http://video.ft.com/v/1634102653001/Not-always-value-for-money


Why I Hate VC Firms

May 3rd, 2012  |  Source: nxtbookmedia

 

A special guest post by Michael Biggerstaff, Chief Inspiration Officer of Nxtbook Media

 


Brazil’s Vale sees market for 100 mega ships

April 12th, 2012  |  Source: FT.com

Vale has signaled it is prepared to commission more than 100 of its controversial giant Valemax ships as the biggest producer of iron ore battles with Australia-based miners for the key Chinese market.

The Brazilian miner expects Chinese appetite for iron ore to remain strong despite the country’s economic slowdown, providing the demand to justify the ships, which rank as the world’s largest dry bulk carriers with decks the size of three football pitches.




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