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We are Big Idea Hunters…

We live in a time of information abundance, which far too many of us see as information overload. With the sum total of human knowledge, past and present, at our fingertips, we’re faced with a crisis of attention: which ideas should we engage with, and why? Big Think is an evolving roadmap to the best thinking on the planet — the ideas that can help you think flexibly and act decisively in a multivariate world.

A word about Big Ideas and Themes — The architecture of Big Think

Big ideas are lenses for envisioning the future. Every article and video on bigthink.com and on our learning platforms is based on an emerging “big idea” that is significant, widely relevant, and actionable. We’re sifting the noise for the questions and insights that have the power to change all of our lives, for decades to come. For example, reverse-engineering is a big idea in that the concept is increasingly useful across multiple disciplines, from education to nanotechnology.

Themes are the seven broad umbrellas under which we organize the hundreds of big ideas that populate Big Think. They include New World Order, Earth and Beyond, 21st Century Living, Going Mental, Extreme Biology, Power and Influence, and Inventing the Future.

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What Went Wrong? The Financial Professionals

December 9, 2009, 12:29 AM
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Big Think sat down with hedge fund managers Peter Thiel and Marc Lasry this week to talk about the role of financial professionals in the economic crisis. They both had interesting things to say about hedge funds, especially as they relate to leverage and regulation. Peter Thiel believes there is a misplaced focus on regulating hedge funds when the real problem lies with hidden leverage. Marc Lasry explains his belief that hedge funds should have no oversight.

Thiel also touches upon the situation in Dubai articulately, pointing out that it could be the start of a greater phenomenon where we stop giving money to the “bad guys.”

And while Lasry thinks we’re all to blame for the economy in peril, Thiel ventures to say, when asked why so many people failed to recognize an $8 trillion housing bubble, that Baby Boomers could be the dumbest generation yet.

Will we emerge from this downturn with more innovation than we had going into it? Thiel isn’t so sure. He believes that our focus on financial innovation is misguided, and that we should be directing our efforts toward technological innovation. The reason we’re not? “Policy makers are living in the dark ages.”

 

 

What Went Wrong? The Financ...

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