A 16-year-old economics paper on "looting" may help explain the collapse of AIG and the crisis in financial markets. Goverment bailout isn't just a "moral hazard" for looters – it's the inevitable end of the strategy, which uses government vulnerability to financial cascades to allow for privatization of profit and transfer of risks. Interesting, provocative.
A lovely piece of science writing about freezing to death. Surprisingly, one of the prettiest things I've read in weeks.