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Daily Archive for December 5th, 2011

But the discovery in August of the well-preserved thigh bone in Siberia has increased the chances of a successful cloning. Global warming has thawed ground in eastern Russia that is usually almost permanently frozen, leading to the discoveries of a number of frozen mammoths, the report said. Of course, this raises other concerns – what […]

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The Trust Commons

The “tragedy” part of the tragedy of the commons problem in economics is that people knowingly trash the commons. As a brief review, when it is difficult to exclude “non-payers” from using a resource, then that resource is likely to be over-exploited (not always). Think of why, for example, when you are hiking, the raspberry […]

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