Punctuated Equilibrium

In evolutionary biology, punctuated equilibrium is the theory that evolution takes place through extremely small changes over a species history (equilibrium) but that occasionally, extremely significant and localized jumps occur rapidly (say in the span of a few generations).  I think that this is a good model to explain cultural change over the course of [...]

Time to pull the plug on GM?

President Obama is nearing the most important decision a President has made in modern times regarding the American economy. On or about June 1, he will push General Motors (GM), the nation’s largest industrial company, into bankruptcy.

via Why a GM Bankruptcy Would Be a Disaster – BusinessWeek.

Let’s be honest, President Obama has put [...]