What Is Quantitative Easing?

"'Quantitative easing' is a pompous, uninformative term for a central bank’s buying debt in order to stimulate economic activity." Judge Richard Posner criticizes new monetary policy.

There are three principal objections to the new [quantitative easing] program. The first is that the inflation that it aims to increase by a slight to moderate amount may get out of hand. ... The second objection to the new program concerns its effect on the role of the United States in the global economy. Nations such as China, Germany, and Japan that are large exporters are irate at our devaluing our currency by increasing the world supply of U.S. dollars. They are capable of retaliating. ... The third and perhaps biggest objection to the program of quantitative easing is that it relaxes the pressure on our politicians to address urgent issues of economic reform. The politicians are sitting back and letting the Fed try to hoist us out of our current economic hole.

The 4 types of thinking talents: Analytic, procedural, relational and innovative

Understanding thinking talents in yourself and others can build strong teams and help avoid burnout.

Big Think Edge
  • Learn to collaborate within a team and identify "thinking talent" surpluses – and shortages.
  • Angie McArthur teaches intelligent collaboration for Big Think Edge.
  • Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
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Do you have a self-actualized personality? Maslow revisited

Rediscovering the principles of self-actualisation might be just the tonic that the modern world is crying out for.

Personal Growth

Abraham Maslow was the 20th-century American psychologist best-known for explaining motivation through his hierarchy of needs, which he represented in a pyramid. At the base, our physiological needs include food, water, warmth and rest.

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Brazilian scientists produce mini-brains with eyes

Using a new process, a mini-brain develops retinal cells.

Surprising Science
  • Mini-brains, or "neural organoids," are at the cutting edge of medical research.
  • This is the first one that's started developing eyes.
  • Stem cells are key to the growing of organoids of various body parts.
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Believe in soulmates? You're more likely to 'ghost' romantic partners.

Does believing in true love make people act like jerks?

Thought Catalog via Unsplash
Sex & Relationships
  • Ghosting, or cutting off all contact suddenly with a romantic partner, is not nice.
  • Growth-oriented people (who think relationships are made, not born) do not appreciate it.
  • Destiny-oriented people (who believe in soulmates) are more likely to be okay with ghosting.
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