:Fixed Point

The Nobel Peace Prize was won by Muhammed Yunus of Grameen Bank in Bangladesh. The Bank pioneered the use of microcredit. Amazingly, the story in the Times reports that 96% of the borrowers are women and 98% of the money is repaid.
In a Stiglitz-Weiss model, a higher interest rate increases the average riskiness of projects, […]

This morning the Today programme had a short news item about the sort of questions asked by Oxbridge Dons to potential students. My favourite was the following:
“Every person alive today has a molecule of Caesar’s last breath in them, true or false”.
It’s just a beautiful way of putting a scientific question and also inspires thoughts […]