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Zig Zag: The Surprising Path to Greater Creativity

The One Thing All Creative Geniuses Have In Common

ERIC BARKERBARKING UP THE WRONG TREE 38 MINUTES AGO 186

ZigZag

Keith Sawyer tells an interesting story about breakthrough ideas in his book, Zig Zag: The Surprising Path to Greater Creativity. Researcher Vera John-Steiner wanted to know What nourishes sustained productivity in the lives of creative individuals?“ She interviewed over 70 living creative geniuses and analyzed the notebooks of 50 dead ones (including Tolstoy, Einstein, etc.) to look at their work habits. She assumed this was going to end up as a review of Eureka! moments in the greatest creative minds. She even planned to title her book “The Leap” because it would be about those giant flashes of inspiration that led to breakthrough ideas. But she was completely wrong. Eureka! moments turned out to be a myth. There was no inspiration moment where a fully formed answer arrived. Strokes of genius happened over time. A great idea comes into the world by drips and drabs, false starts, and rough sketches.

Via Zig Zag: The Surprising Path to Greater Creativity:

Creativity started with the notebooks’ sketches and jottings, and only later resulted in a pure, powerful idea. The one characteristic that all of these creatives shared— whether they were painters, actors, or scientists— was how often they put their early thoughts and inklings out into the world, in sketches, dashed-off phrases and observations, bits of dialogue, and quick prototypes. Instead of arriving in one giant leap, great creations emerged by zigs and zags as their creators engaged over and over again with these externalized images. Read more of this post

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Worthless land could prolong Spanish banks’ property woes

Worthless land could prolong Spanish banks’ property woes

4:26am EDT

By Jose Elías Rodríguez and Tomás Cobos

MADRID (Reuters) – Spanish banks may have to swallow more losses to shake off the legacy of a property crash, real estate experts warn, as they struggle to sell plots of land that have ended up on their books and which are now worth less than many have accounted for.

Lenders were forced by the government to take billions of euros in provisions against losses last year after property values collapsed in 2008, with the steepest writedowns destined to cover land they were saddled with as developers went bust. Read more of this post

In Washington’s glare, Wall Street commodity trade falls under a shadow

In Washington’s glare, Wall Street commodity trade falls under a shadow

12:05am EDT

WASHINGTON/NEW YORK (Reuters) – Wall Street’s multibillion-dollar commodity trading operations will be put under the political spotlight on Tuesday as a powerful U.S. Senate committee questions whether commercial banks should control oil pipelines, power plants and metals warehouses.

The Senate Banking Committee hearing comes as Goldman Sachs, Morgan Stanley and JPMorgan Chase – which generated an estimated $4 billion in commodity revenues last year – face growing pressure from a number of investigations into their operations, and as the Federal Reserve reviews Wall Street’s right to operate in raw material markets. Read more of this post

Land of Samba Is World’s Murder Champion; Crime is a symptom of the broader civic distress that is driving the protests that continue to erupt in some major cities

Land of Samba Is World’s Murder Champion

Brazil has a well-deserved reputation for violent crime. It is so pervasive that people routinely alter their behavior to reduce the odds of being victimized. Stopping at red lights at night? Better not. Thinking of wearing jewelry? Leave it home. Carrying cash? Bring no more than you need and can afford to lose. Crime also is a symptom of the broader civic distress that is driving the protests that continue to erupt in some major cities. Since Brazil seems unable or unwilling to root out the corruption that makes it difficult to develop decent infrastructure, policing and social services, it’s worth asking how it will get a handle on the crime problem. Read more of this post

1 in 5 Malaysians has a mental health problem, says Deputy Health Minister

1 in 5 Malaysians has a mental health problem, says Deputy Health Minister

KUALA LUMPUR — About 20 per cent of Malaysia’s total populations has a mental health problem, the country’s Deputy Health Minister said today (July 23).

BY –

1 HOUR 35 MIN AGO

KUALA LUMPUR — About 20 per cent of Malaysia’s total populations has a mental health problem, the country’s Deputy Health Minister said today (July 23). Dr Hilmi Yahaya, speaking in Parliament during a question-and-answer session, gave his estimation of the reach of problems like depression, stress and anxiety in the country, Malaysia’s official news agency Bernama reported. He added that the health ministry has made available screening facilities at 806 health clinics, 40 hospitals and four mental hospitals nationwide to help detect these problems. “There are 224 psychiatric specialists and 100 clinical psychiatric specialists nationwide,” Dr Hilmi said. He was responding to a senator’s question on what measures the government is taking to raise awareness of problems such as stress. Dr Hilmi also said that one per cent of the population suffers from more serious mental problems. AGENCIES

Rate-Cut Ammo Running Low Poses RBA Threat as China Risks Mount

Rate-Cut Ammo Running Low Poses RBA Threat as China Risks Mount

Australia entered its last recession with the benchmark interest rate at 12 percent. Now, as a once-in-a-century mining-investment boom wanes, the central bank finds itself with little conventional ammunition.

The Reserve Bank of Australia’s overnight cash rate, at a record-low 2.75 percent, is at a level it took the Federal Reserve and Bank of England just months to exhaust before they turned to quantitative easing. While economists see just a 12 percent chance of an Australian contraction by mid-2014, a pronounced downturn would pose unprecedented challenges. Read more of this post

Alibaba to Offer Smart TV Operating System to Lure More Users

Updated July 23, 2013, 4:20 a.m. ET

Alibaba Joins ‘Smart TV’ Race

‘Smart’ TV Systems Seen as the Next Battleground for Tech Companies

BEIJING—Alibaba Group Holding Co. said on Tuesday it developed a “smart” TV operating system that would allow users to shop and pay their bills via their TVs, and that it would release a set-top box in coming months.

In a news release, the closely held Chinese electronic commerce company said it developed the set-top box with Wasu Media Holding Co. 000156.SZ -1.68% The box will be released in the next few months, said Li Yiqing, Wasu Media’s president and chairman. The two companies didn’t disclose a price. Read more of this post

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