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Orion Jones
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Cash and coins account for only three percent of the Swedish economy, about half that of the US and Britain. Some predict that cash will disappear from Sweden in as little as 20 years.
Long-term unemployment is double its highest rate since the 1950s, which may keep the economy from returning to pre-recession growth rates—forever—say some economists.
As American firms hire more people and Europe avoids a Greek catastrophe, there are signs that the global economic is recovering. Countries need to take cautiously optimistic action.
If market economies are to carry the world into a new era, they must achieve stability, equity and sustainability. Of these three, sustainability will likely prove the most challenging.
People who think intelligence is malleable are more likely to learn from their mistakes, indicates new research. Those who think intelligence is a fixed quality learn less.
Scientists estimate that your mind wanders about half the time, depending on how much concentration your present task requires. Those with greater memories tend to wander more often.
Computers scientists at UC Berkeley are studying the cognitive characteristics of toddlers, hoping to give computers the same ability to learn quickly and imagine creative solutions.