The President's Council of Economic Advisers is an all-Harvard team
There are some fine economists from there -- but isn't a little more heterogeneity in order?
How much do cities owe their growth to the industries already there?
According to one research paper, not as much as we'd likely think. The argument for what are called "agglomeration economies" is that a town with a specialty in one industry should try to attract other businesses from the same industry because that will enhance the economic growth of the city. Des Moines, for instance, is an insurance town. Agglomeration economics suggests that trying to get more insurance companies to reside here would make the city grow, attracting more insurance companies, in a virtuous feedback loop. But, aside from a few outlier cases like Los Angeles, it turns out that the feedback loop is only one of many factors, and not the most important one.
Facebook adopts the hashtag
Hashtags got their legs through use on Twitter, but all kinds of other services are starting to adopt them. While occasionally useful, they mostly just make things difficult to read.
Recording a three-overtime Stanley Cup game...not so easy with a DVR
Apple's new iOS looks almost...Microsoft-ish
Yet nobody's really gotten on the Windows Phone bandwagon
A prize for terrible art
The "Turnip Prize" rewards terrible art that doesn't try too hard