A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air. It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...
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The foremost academic economist of the 20th century by Michael M Weinstein
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline...
More »The grand challenges of Indian science by RA Mashelkar
We need to recognise that there is no intellectual democracy; elitism in science is inevitable and needs to be promoted. The Nobel Laureate Richard Feynman had famously said, ‘the difficulty with science is often not with the new ideas, but in escaping the old ones. A certain amount of irreverence is essential for creative pursuit in science.’ The first grand challenge before Indian science is that of building some irreverence. Our...
More »Textbook titan who redefined economics by Michael M Weinstein
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...
More »Life-saving early warning systems for droughts are focus at UN-backed meeting
With the frequency and severity of droughts likely to increase due to climate change, more than 60 scientists from all the world’s regions are meeting at a United Nations-backed conference in the United States this week to draw up guidelines for early warning systems that could save countless lives. “Early warning systems for drought allow individuals and communities to act in sufficient time to reduce the possibility of loss of...
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