Descended From Apes, Acting Like Slime Molds: Nathan Myhrvold
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Aug. 18 (Bloomberg) -- As we lurch from one high-stakespolitical drama to another, it is natural to wonder whysocieties aren’t better at avoiding self-inflicted crises. Herein the U.S. earlier this month, the government barely dodgeddefault, even though economists reached consensus months ago onwhen the debt limit would need to be raised.
Meanwhile in Europe, one inadequate government responseafter another has all but assured that anxiety over the solvencyof Greece and the creditworthiness of Italy and Spain willcontinue to fester, roiling global markets and pushing theEuropean Union to the brink of ruin.