Juncker: Of course. Thou shalt not bear false witness against thy neighbour.
SPIEGEL: Apparently you don't take it very seriously. More than two weeks ago, you denied a
A lot of studies have used patents as a proxy for innovation. In a lot of ways that makes sense, because the basic idea of patents is to give the inventor intellectual property for an invention.
Prediction markets are useful. They give us a way to determine what the market is pricing in about any number of events. With the 2012 campaign starting, it will be one of the easiest ways for a casual observer to avoid the noise and see who people think is actually going to win. Intrade is pricing in a victory for the democrats in 2012 at 60%, and for Republicans at 38%. They are also pricing in a 1.5% chance of another party winning, which considering which party is more likely to fracture may partially explain why the chances for Republicans are so low.
A lot of people have been talking about the need for innovation. It's easy to think about about inventions that haven't been made yet, and new trends that have a noticeable impact on industry sometimes get looked over by people who are worried about the lack of innovation. The extraction of natural gas from shale is an important new technology*. Extraction of natural gas from shale has increased 14 fold over the last decade. Before this widespread implementation, natural gas in the US was going to get very expensive. Now, projections by the EIA find that the United States' net imports of natural gas will shrink to 1% in 2035 from 11% in 2009.