1. Scientific American has some interesting thoughts on How Your Language Affects Your Wealth and Health
... Different languages have different ways of talking about the future. Some languages, such as English, Korean, and Russian, require their speakers to refer to the future explicitly. Every time English-speakers talk about the future, they have to use future markers such as “will” or “going to.” In other languages, such as Mandarin, Japanese, and German, future markers are not obligatory. The future is often talked about similar to the way present is talked about and the meaning is understood from the context. A Mandarin speaker who is going to go to a seminar might say “Wo qu ting jiangzuo,” which translates to “I go listen seminar.” Languages such as English constantly remind their speakers that future events are distant. For speakers of languages such as Mandarin future feels closer. As a consequence, resisting immediate impulses and investing for the future is easier for Mandarin speakers. ...
2.Fair Trade 2.0? Coffee’s Economics, Rewritten by Farmers
3. R. J. Moeller qutoes from John Mackey's (Whole Foods CEO) new book:
“Capitalism has a purpose beyond just making money. I think the critics of capitalism have got it in this very small box. That it’s all about money. It’s based in being greedy, selfish and exploitative. And yet, I haven’t found it to be that way. Most of the hundreds of entrepreneurs I know and have met did not start their business primarily out of a desire to make money. Not that there’s anything wrong with making money. My body cannot function unless it produces red-blood cells. No red-blood cells and I’m a dead man. But that’s not the purpose of my life.
Similarly, a business cannot exist unless it produces a profit . . . but that’s not the only reason it exists.”
4. David Henderson with thoughts on economic impact of marriage: "Get Married and Stay Married"
When I was writing a review of Dwight Lee's and Richard McKenzie's excellent book, Getting Rich in America: 8 Simple Rules for Building a Fortune and a Satisfying Life, I called Dwight to ask a question and we got talking about Rule #5: Get Married and Stay Married. Dwight pointed out that if you follow the other 7 rules but don't get married or stay married, you have a substantial probability of building a fortune and a satisfying life. But, he said, if you don't get married and stay married, you tend not to follow at least some of the other 7 rules.
5. With more thoughts on the economic impact of marriage, Glen Reynolds reflects on The other marriage inequality
While the upscale college-educated crowd continues to marry at very high rates, marriage rates are plummeting among those further down on the socioeconomic ladder.
6. Steven Pearlstein with a thoughtful essay: Is capitalism moral?
... A useful debate about the morality of capitalism must get beyond libertarian nostrums that greed is good, what’s mine is mine and whatever the market produces is fair. It should also acknowledge that there is no moral imperative to redistribute income and opportunity until everyone has secured a berth in a middle class free from economic worries. If our moral obligation is to provide everyone with a reasonable shot at economic success within a market system that, by its nature, thrives on unequal outcomes, then we ought to ask not just whether government is doing too much or too little, but whether it is doing the right things.
7. Matt Ridley with an interesting piece on how Obsidian chronicles ancient trade. This conclusion was interesting.
Instead, Dr. Butzer argues that Sargon's conquest itself caused the collapse of trade by destroying cities and disrupting what had till then been "an inter-networked world-economy, once extending from the Aegean to the Indus Valley." In other words, as with the end of the Roman empire, the collapse of trade caused the collapse of civilization more than the other way around.
8. Speaking of economic History, Rewriting Biblical history? Agriculture might be 5,000 years older than believed.
A new find suggests farmers in Bible lands built channels for irrigation long before historians thought they did, allowing for cultivated vineyards, olives, wheat and barley.
10. The New York Times on New Reasons to Change Light Bulbs. (To LEDs)
11. Science 2.0 on A Biological Basis For Gender Differences In Math?
... “Educational systems could be improved by acknowledging that, in general, boys and girls are different,” said University of Missouri biologist David Geary in their statement. “For example, in trying to close the sex gap in math scores, the reading gap was left behind. Now, our study has found that the difference between girls’ and boys’ reading scores was three times larger than the sex difference in math scores. Girls’ higher scores in reading could lead to advantages in admissions to certain university programs, such as marketing, journalism or literature, and subsequently careers in those fields. Boys lower reading scores could correlate to problems in any career, since reading is essential in most jobs.”
Generally, when conditions are good, the math gap increases and the reading gap decreases and when conditions are bad the math gap decreases and the reading gap increases. This pattern remained consistent within nations as well as among them, according to the work by Geary and Gijsbert Stoet of the University of Leeds that included testing performance data from 1.5 million 15-year-olds in 75 nations. ...
14. Mashable has great advice with 5 Alternatives to Unfriending Someone on Facebook
15. David Brooks with insight on How Movements Recover
... Two rival reform movements arose to restore the integrity of Catholicism. Those in the first movement, the Donatists, believed the church needed to purify itself and return to its core identity. ...
... In the fourth century, another revival movement arose, embraced by Augustine, who was Bishop of Hippo. The problem with the Donatists, Augustine argued, is that they are too static. They try to seal off an ark to ride out the storm, but they end up sealing themselves in. They cut themselves off from new circumstances and growth.
Augustine, as his magisterial biographer Peter Brown puts it, “was deeply preoccupied by the idea of the basic unity of the human race.” He reacted against any effort to divide people between those within the church and those permanently outside. ....
16. A great piece by someone who considers them unaffiliated with any religion. Every Christian and congregation needs to reflect on the insignificance of the church in this writers life. His tribe is growing: The significant insignificance of religion