Source: Is India facing its worst-ever water crisis? – BBC News
The flow of the legendary Ganges river appears to be receding, sparking concerns about India’s rising water crisis, writes Soutik Biswas.
the evidence about the declining water levels and waning health of the 2,500km (1,553 miles)-long Ganges, which supports a quarter of India’s 1.3 billion people, is mounting.
Source: Too much of a good thing
Profits are too high. America needs a giant dose of competition
Though American companies now make a fifth of their profits abroad, their naughty secret is that their return-on-equity is 40% higher at home.
Business spending on lobbying doubled over the period as incumbents sought to shape regulations in ways that suited them. The rising importance of intangible assets, particularly patents, has meant that an ability to manage industry regulators and the challenges of litigation is more valuable than ever.
Source: Lotteries: America’s $70 Billion Shame – The Atlantic
People spent more money playing the lottery last year [in 2015] than on books, video games, and tickets for movies and sporting events combined.
Source: Andy Grove’s Warning to Silicon Valley – The New York Times
A 2010 essay urges “job-centric” economics and politics, involving an all-out commitment to American manufacturing. … According to Mr. Andy Grove, Silicon Valley was squandering its competitive edge in innovation by failing to propel strong job growth in the United States.
RE: Andy Grove: How America Can Create Jobs – Bloomberg