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Too big to fail. It’s a phrase that has become so ubiquitous that even the Federal Reserve has a definition on one of its web sites. From the Fed’s standpoint, an organization is “too big to fail” when it is “so important to markets and their positions [are] so intertwined with those of other [institutions] […] Think science fiction is a genre relegated to the corners of bookstores or libraries? You’re overlooking a key detail. Geeks love science fiction. And we’ve learned over the last 50 years, some of our most significant technological developments come from geeks. Computer hardware and software are just the tip of the iceberg. Still, there are […] I grew up in an era when people still wrote letters. In fact, I remember my mother sitting down at least once a week writing to friends and relatives out of town, many on a weekly or biweekly basis. Today, though, letters are more rare. We tend to rely on email or text messaging to […] Shifting political tides are frequent and cyclical enough that they’ve earned their own label — pendulum politics. One party and its policies are in. The pendulum swings and another party and its policies dominate. Rarely, though, does the pendulum swing as much as the scenario in which Ken MacLeod plots Night Sessions, the winner of […] |
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