Still Job Hunting?

Question: Is now is a good time to be an entrepreneur?

Matthew Bishop: I think entrepreneurs thrive in situations of change because they are people who are thinking hard about the future—where is the problem that needs to be fixed? And the more change there is, the more opportunity there is for opportunity. Clearly, the world at the moment is going through massive change partly due to this economic crisis, but also due to globalization, due to technological trends, biotech, or information technology. So, that’s a great opportunity for entrepreneurship. A recession is always good for entrepreneurship because many of the dominant firms in industry tend to be very inward looking and defensive in a recession and less likely to take risks. And so if you are a smaller business person you are likely to find less attention being paid to your new ideas by the big players. And so, you may be able to get further ahead before they realize you are there and start to squash you and by that point I may be too late for them. So, you actually see a number of the greatest companies in the world that have historically been founded during recessions.

Recorded on:  September 24, 2009

The U.S. economy is suffering through its worst unemployment rate in 26 years-and it's not going to get better any time soon. Luckily, the New York Bureau Chief for the economist has an alternative to fruitless searching.

China’s artificial sun reaches fusion temperature: 100 million degrees

In a breakthrough for nuclear fusion research, scientists at China's Experimental Advanced Superconducting Tokamak (EAST) reactor have produced temperatures necessary for nuclear fusion on Earth.

Credit: EAST Team
Surprising Science
  • The EAST reactor was able to heat hydrogen to temperatures exceeding 100 million degrees Celsius.
  • Nuclear fusion could someday provide the planet with a virtually limitless supply of clean energy.
  • Still, scientists have many other obstacles to pass before fusion technology becomes a viable energy source.
Keep reading Show less

Project 100,000: The Vietnam War's cruel and deadly experiment

Military recruits are supposed to be assessed to see whether they're fit for service. What happens when they're not?

Flickr user Tommy Truong79
Politics & Current Affairs
  • During the Vietnam War, Robert McNamara began a program called Project 100,000.
  • The program brought over 300,000 men to Vietnam who failed to meet minimum criteria for military service, both physically and mentally.
  • Project 100,000 recruits were killed in disproportionate numbers and fared worse after their military service than their civilian peers, making the program one of the biggest—and possibly cruelest—mistakes of the Vietnam War.
Keep reading Show less

Here's how diverse the 116th Congress is set to become

The 116th Congress is set to break records in term of diversity among its lawmakers, though those changes are coming almost entirely from Democrats.

(Photo: MANDEL NGAN/AFP/Getty Images)
Politics & Current Affairs
  • Women and nonwhite candidates made record gains in the 2018 midterms.
  • In total, almost half of the newly elected Congressional representatives are not white men.
  • Those changes come almost entirely from Democrats; Republican members-elect are all white men except for one woman.
Keep reading Show less