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Economics
New regulations are applying network science to restructure global finance.
Space mining is no longer science fiction. By the 2020s, Planetary Resources and Deep Space Industries—for-profit space-mining companies cooperating with NASA—will be sending out swarms of tiny satellites to assess the composition of hurtling hunks of cosmic debris, identify the most lucrative ones, and harvest them. They’ve already developed prototype spacecraft to do the job. […]
Using physics to describe social phenomena can work—if it’s the right physics.
Earlier this month the FBI arrested the alleged ringleader of Silk Road, an online bazaar that allowed users to buy and sell illegal drugs (among other things), ending its life on the Web—a life that was surprisingly long, considering what was going on there. At the time many people suspected this would have the domino […]
In China, famous science pays like nowhere else.
It’s well-known that statistics is a deceptively difficult topic to understand—at least, it’s well-known among people who’ve had some training about those deceptive difficulties. One concept, though, that seems to penetrate the barriers to statistical understanding is the normal distribution, the standard bell curve. Even if people don’t have the mathematical language to describe it, […]
Past disasters help us prepare—and make us pay attention.
How shipping containers made distance irrelevant.
Why food aid needs to overhaul its delivery system.
