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Obama to sign pro-crowdfunding JOBS Act into law Thursday A piece of legislation designed to make crowdfunding a legal option for startups will be passed into law as President Barack Obama plans to sign the JOBS Act Thursday, VentureBeat has confirmed. Full Story: VentureBeat

Obama to sign pro-crowdfunding JOBS Act into law Thursday

A piece of legislation designed to make crowdfunding a legal option for startups will be passed into law as President Barack Obama plans to sign the JOBS Act Thursday, VentureBeat has confirmed.

Full Story: VentureBeat

Source emergentfutures
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CUT IT OUT: Where Should the Nation Spend and Save? As the economy slowly recovers from a crippling recession and politicians sound alarms about mounting deficits, the U.S. government is struggling with tough choices about which programs to trim and which to invest in.  An annual Harris Interactive poll set out to explore public opinion on the federal budget by asking people whether they would favor or oppose cutting spending in particular areas. The results reveal what really matters to the American people—and their pocketbooks. Courtesy: GOOD

CUT IT OUT: Where Should the Nation Spend and Save?

As the economy slowly recovers from a crippling recession and politicians sound alarms about mounting deficits, the U.S. government is struggling with tough choices about which programs to trim and which to invest in. 

An annual Harris Interactive poll set out to explore public opinion on the federal budget by asking people whether they would favor or oppose cutting spending in particular areas. The results reveal what really matters to the American people—and their pocketbooks.

Courtesy: GOOD

Market Maketh Man

This film is a brief analysis of the various models of liberal democratic theory, and how the concept of democratic rule became embedded in the shifting ideas of social equality, and increasingly dependant on the mechanism of capitalism.

Climate Change and the New Industrial Revolution - Building National and International Action

Five years on from the Stern Review, there have been important changes in the world which are likely to have a profound impact on our response to the two defining challenges of the century; overcoming poverty and managing climate change. In this video, Lord Stern discusses how we can bring economics and political economy to the analysis of our response to these challenges in the context of a special but difficult decade in the global economy.

The analysis of climate change has seen risk and the new-energy-industrial revolution move up the agenda in recent years, and we have learned more about prospects and mechanisms of collaboration. We require a deepening of the understanding of public policy for promoting the dynamics of transformation and managing immense risks. This should include a strong focus on key market failures.

Nicholas Stern is the IG Patel Professor of Economics and Government, and Chair of the Grantham Research Institute on Climate Change and the Environment, LSE.

John Van Reenen is the Director of the Centre for Economic Performance, LSE.

[Flash 9 is required to listen to audio.]

Bank.

Can we have a banking system that provides good services to people at reasonable rates? A banking system that doesn’t bring down the global economy every few decades?

Anat Admati thinks we can. She’s a finance professor at Stanford, but she never paid much attention to banks until the financial crisis. (This is not unusual in the superspecialized world of academia.)

After the crisis hit, Admati started reading up on banks. And, in a basic banking textbook, she came upon a single line that changed her career.

“I sat in my office and I thought, ‘Something is really wrong in banking.’ “

In this podcast (Source: NPR), Admati tells us what she thinks is wrong in banking — and how she thinks we can fix it.

Simon Johnson explores the liquidity versus capital debate issue in further detail on Bloomberg. 

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The White House hosted a discussion about President Obama’s commitment to fostering game-changing innovations that have the potential to solve long-standing global development challenges yesterday. See the full video to understand where the government is headed in terms of their defense strategies and how they intend to stay competitive in the new international market in the long run.

Digital Divide: If You're Reading This, You're One of the Lucky Ones | Infographic

Digital Divide: If Youre Reading This, Youre One of the Lucky Ones [INFOGRAPHIC]

Even in the richest countries on the planet such as the U.S., not everyone has easy access to this cornucopia of connectivity, the Internet. The Internet is a tremendous growth engine, responsible for 21% of economic growth in the more advanced countries in the world, according to a McKinsey survey.

Source futuristgerd

ESADE Knowledge: Open Innovation and Public Policy  in Europe

ESADE professors Henry Chesbrough and Wim Vanhaverbeke have released a report that sheds new light on open innovation and public policies in Europe. The report, commissioned by the Science Business Innovation Board, was presented at the European Commission’s Innovation Convention in December. The report makes various recommendations for public policies, for boosting open innovation and for fostering competitiveness in the European economy.

Key Moments in Social Media Law | Infographic

The Socially Aware blog has put together a nice infographic that highlights several key decisions in social media case law, starting with the Sony v. Universal Supreme Court Betamax recording decision of 1984 and continuing to the more recent past. In light of the SOPA and PIPA protests and discussions of this week, I found the review enlightening and interesting to see how far we have gone in terms of legislating copyright violations and other digital misdeeds. Remember Facebook suing and ultimately crushing Power.com? How about Courtney Love’s Tweet that supposedly defamed a fashion designer?

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Source dm2studios

Crowdsourcing analysis for policymakers? What could possibly go wrong?

“Doubt and equivocation are a good thing. Instinctive certainty often isn’t. As Darwin put it, “Ignorance more frequently begets confidence than does knowledge.” Doubters and equivocators are more likely to [not grasp opportunities to participate] and – following the logic of the Dunning-Kruger effect, that’s a bad thing.”

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