Does Not Compute

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Much of the world runs not on rational thought, but on emotions. One of the examples Morgan Housel gives is that of the Lehman Brothers bankruptcy that was set in motion on September 10, 2008. Although all the data suggested they were in a comfortable position to withstand any loss that came their way, they were bankrupt a mere 72 hours later. The power of emotions over reason was clear; their investors stopped buying the debt that funded them as they collectively lost faith in the company. Read full article here

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The Curious Case of the Ancient Brain

In 2008, archaeologists examining the University of York discovered something strange: the decapitated head of an Iron Age man and his very shrivelled but very much intact brain. How a centuries-old brain was preserved is still unknown, but research suggests that it could have been because of brain diseases like dementia. The Yorkshire man’s brain’s proteins were bunched up together, much like how dementia causes brain proteins to bunch up into plaques. This bunching up, or aggregation, could continue even after death, turning regions of the brain into hard masses. Read full article here

Business

How Are Businesses Responding to Climate Risk?

Overwhelmingly, businesses believe that climate change poses a significant risk involving changes in regulations and consumer demand. However, the majority of them don’t have a formal climate mitigation plan set in place; instead, they’re focusing on stand-alone actions. Some of these include using more energy-efficient equipment, reducing waste and water consumption, and developing more sustainable products. While these actions do help, they’re using them to hit corporate social responsibility goals, not genuinely in the interest of mitigating climate change on a larger scale. Read full article here

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