links for 2010-02-01

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  • Above all, Canada’s experience seems to support those who say that the way to keep banking safe is to keep it boring — that is, to limit the extent to which banks can take on risk. The United States used to have a boring banking system, but Reagan-era deregulation made things dangerously interesting. Canada, by contrast, has maintained a happy tedium.
  • A public mass overdose of homeopathic remedies has forced the New Zealand Council of Homeopaths to admit openly that their products do not contain any "material substances". Council spokeswoman Mary Glaisyer admitted publicly that "there´s not one molecule of the original substance remaining" in the diluted remedies that form the basis of this multi-million-dollar industry. The NZ Skeptics, in conjunction with 10:23, Skeptics in the Pub and other groups nationally and around the world, held the mass overdose in Christchurch on Saturday to highlight the fact that homeopathic products are simply very expensive water drops or sugar/lactose pills. A further aim was to question the ethical issues of pharmacies, in particular, stocking and promoting sham

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