Vices Are Good for the Economy

Certain groups of people, such as gamblers, smokers and the obese are portrayed a drain on the economy, but Forbes' Tim Parker says they are a bottomless money pit.

In 1970, Americans spent about $6 billion on fast food. By 2000, that figure had grown to $110 billion. The nation is also spending a record amount trying to lose weight. Health club and gym revenues topped $19.1 billion in 2008, and the amount spent on weight loss products and services hit an estimated $40 billion. ... One study found that in a community where a casino was located, there was a 12% to 17% drop in welfare payments and another study commissioned by the National Research Council found a net economic gain to some of these same communities. This same study found that jobs are created in communities where casinos are built.

3D printing might save your life one day. It's transforming medicine and health care.

What can 3D printing do for medicine? The "sky is the limit," says Northwell Health researcher Dr. Todd Goldstein.

Northwell Health
Sponsored by Northwell Health
  • Medical professionals are currently using 3D printers to create prosthetics and patient-specific organ models that doctors can use to prepare for surgery.
  • Eventually, scientists hope to print patient-specific organs that can be transplanted safely into the human body.
  • Northwell Health, New York State's largest health care provider, is pioneering 3D printing in medicine in three key ways.
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Big Think Edge
  • In some fundamental ways, humans haven't changed all that much since the days when we were sitting around communal fires, telling tales.
  • Although we don't always recognize them as such, stories, symbols, and rituals still have tremendous, primal power to move us and shape our lives.
  • This is no less true in the workplace than it is in our personal lives.

Has a black hole made of sound confirmed Hawking radiation?

One of Stephen Hawking's predictions seems to have been borne out in a man-made "black hole".

Image source: NASA/JPL-Caltech
Surprising Science
  • Stephen Hawking predicted virtual particles splitting in two from the gravitational pull of black holes.
  • Black holes, he also said, would eventually evaporate due to the absorption of negatively charged virtual particles.
  • A scientist has built a black hole analogue based on sound instead of light.
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Big Think Edge
  • The word "creative" is sometimes waved around like a badge of honor. We speak of creativity in hushed tones, as the special province of the "talented". In reality, the creative process is messy, open, and vulnerable.
  • For this reason, creativity is often at its best in a group setting like brainstorming. But in order to work, the group creative process needs to be led by someone who understands it.
  • This sense of deep trust—that no idea is too silly, that every creative impulse is worth voicing and considering—is essential to producing great work.