Innovation Crisis or Financial Crisis?

In a forthcoming book, they argue that the collapse of advanced-country growth is not merely a result of the financial crisis; at its root, they argue, these countries’ weakness reflects secular stagnation in technology and innovation. As such, they are unlikely to see any sustained pickup in productivity growth without radical changes in innovation policy.

→ Project Syndicate

Goodbye Tweetie

I guess, in a way, this site owes much of its success to Tweetie for Mac. I woudn’t have been able to get to know developers, friends, colleagues, and readers if it weren’t for Twitter. If it weren’t for Tweetie, which to me, was Twitter.

→ MacStories

Presenting The World’s Biggest Hedge Fund You Have Never Heard Of

At Braeburn’s inception, the cash pile was modest, yet absolutely massive in unlevered terms, at just over $10 billion. Fast forward 6 years, and the massive cash pile has now grown to be epically gargantuan. Of course, the parent company in question is none other than Apple, whose publicly reported cash horde at June 30, 2012 was a whopping $117,221,000,000. This is the AUM of Braeburn.

→ Zero Hedge