Toward a High-Risk Bank Tax
A bank tax on high-risk financial trading is an idea worth implementing, says Michael Scott Moore at Miller-McCune. The tax would create a fund for if and when a bank needed a bailout.
A bank tax on high-risk financial trading is an idea worth implementing, says Michael Scott Moore at Miller-McCune. The tax would create a fund for if and when a bank needed a bailout. "A bank tax won’t cleanse the banking system, either in the U.S. or Europe, and it won’t cure the euro’s ills. But it would build a sensible buffer of money in case high-risk trading threatens the credit system again. The Swedes swear by it, and you’d think Americans angry about the massive Wall Street bailouts in early 2009 would have risen up by now to demand it. But Americans are a funny people."
It's a development that could one day lead to much better treatments for osteoporosis, joint damage, and bone fractures.
- Scientists have isolated skeletal stem cells in adult and fetal bones for the first time.
- These cells could one day help treat damaged bone and cartilage.
- The team was able to grow skeletal stem cells from cells found within liposuctioned fat.
Gut bacteria play an important role in how you feel and think and how well your body fights off disease. New research shows that exercise can give your gut bacteria a boost.
- Two studies from the University of Illinois show that gut bacteria can be changed by exercise alone.
- Our understanding of how gut bacteria impacts our overall health is an emerging field, and this research sheds light on the many different ways exercise affects your body.
- Exercising to improve your gut bacteria will prevent diseases and encourage brain health.
A groundbreaking new study shows that octopuses seemed to exhibit uncharacteristically social behavior when given MDMA, the psychedelic drug commonly known as ecstasy.
- Octopuses, like humans, have genes that seem to code for serotonin transporters.
- Scientists gave MDMA to octopuses to see whether those genes translated into a binding site for serotonin, which regulates emotions and behavior in humans
- Octopuses, which are typically asocial creatures, seem to get friendlier while on MDMA, suggesting humans have more in common with the strange invertebrates than previously thought
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