Stories I Found Of Interest (weekly)

• James Piereson: The Truth About the 'One Percent' - WSJ.com

  • It is a fool's errand to try to raise the living standards of the bottom 60% through higher income taxes on the top 1% or 0.1%.
  • The shift in incomes in favor of the wealthy has been due to several large forces, including a world-wide boom in asset prices, the rise of global markets, and technological innovation that has increased the earning power of the well educated.
  • At a time of slow economic growth, mounting government debt, a stalemated politics and the impending retirement of the "baby boomers," the attacks on the "one percent" look more and more like a diversion from the nation's real problems.

• At Newark Airport, the Lights Are On, and They're Watching You - NYTimes.com

  • Using an array of sensors and eight video cameras around the terminal, the light fixtures are part of a new wireless network that collects and feeds data into software that can spot long lines, recognize license plates and even identify suspicious activity, sending alerts to the appropriate staff.
  • The light fixtures are outfitted with special chips and connect to sensors, cameras and one another over a wireless network. Data that is collected — say, a particular car pulling up to the terminal — can then be mined and analyzed for a broad range of applications

• Apple exploring cars, medical devices to reignite growth - SFGate

  • The newspaper has also learned that Apple is heavily exploring medical devices, specifically sensor technology that can help predict heart attacks. Led by Tomlinson Holman, a renowned audio engineer who invented THX and 10.2 surround sound, Apple is exploring ways to predict heart attacks by studying the sound blood makes at it flows through arteries.

Posted from Diigo. The rest of my favorite links are here.