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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.

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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Today's Big Idea: The Fiscal Cliff

The Big Idea for Friday, November 09, 2012

Whoever invented the term "fiscal cliff" should start collecting royalty checks, suggested David Rubenstein at this year's Nantucket Project, a festival of ideas on Nantucket, Massachusetts. After all, the fiscal cliff is all anyone seems to be talking about.

It's an apt metaphor. It is a scary thing, after all, to fall off a cliff, and that's exactly what the Congressional Budget Office has said will happen to the U.S. economy in 2013 if no compromise is reached in Washington to help absorb what would be a $720 billion fiscal shock in the form of tax increases and spending cuts.

Rubenstein was part of a panel of high profile financial leaders who all see a compromise on the horizon. "Even Congress can figure out how to kick the can," said Larry Summers. 

Perspectives

  1. 1 Playing Chicken With the Fiscal Cliff
    Daniel Honan Collective Intelligence
  2. 2 Grover Norquist and the Fiscal Cliff
    Big Think Editors
  3. 3 The Great Repudiation and the Return to Normalcy: Prospects for Obama’s Second Term
    Anis Shivani Experts' Corner
  4. 4 Howard Dean: Let's Drive Over the Fiscal Cliff.
    Big Think Editors
 

Today's Big Idea: The Fisca...

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