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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.

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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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Today's Big Idea: The Bailout Game

The Big Idea for Monday, May 28, 2012

Big government bailouts come with mixed blessings. On one hand, it is the only viable way to rescue banking institutions, auto makers and other floundering governments. When they simply don't have the money to continue to function, government bailouts can prevent them from going under and wreaking havoc on the global economy. On the other hand, governments are paying for bailouts on huge deficits, with the bulk of the burden riding on the backs of taxpayers. 

Today, our experts weigh on how policymakers handled one of the worse economic crisis in world history. Two years after the beginning of the European debt crisis, and four years after the U.S. credit crisis started, who got it right? What worked and what didn't? And for those who are still suffering despite government help, what will it take to win this bailout game?

 

Perspectives

  1. 1 It's Time To End This Greek Tragedy
    Daniel Altman Econ201
  2. 2 How Romney Got the Bailout Wrong
    Robert de Neufville Politeia
  3. 3 Paul Krugman on the Fed’s Response to the Crisis
    Paul Krugman
  4. 4 European Debt and China's Marshall Plan
    Orion Jones IdeaFeed
 

Today's Big Idea: The Bailo...

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