Joel Kotkin:

During tough economic times, technology is often seen as the one bright spot. In the U.S. this past year technology jobs outpaced the overall rate of new employment nearly four times. But if you’re looking for a tech job, you may want to consider searching outside of Silicon Valley. Though the Valley may still be the big enchilada in terms of venture capital and innovation, it hasn’t consistently generated new tech employment.

Take, for example, Seattle. Out of the 51 largest metro areas in the U.S., the Valley’s longtime tech rival has emerged as our No. 1 region for high-tech growth, based on long- and short-term job numbers. Built on a base of such tech powerhouses as Microsoft, Amazon and Boeing, Seattle has enjoyed the steadiest and most sustained tech growth over the past decade. It is followed by Baltimore (No. 2), Columbus, Ohio (No. 3), Raleigh, N.C. (No. 4) and Salt Lake City, Utah (No. 5).

Ron Lieber:

If you have any doubt about the impact of the Bank of America debit card fee episode, consider a couple of things.

First, it’s now been lampooned in the form of a video on the Funny or Die site. In that clip, a fake Bank of America ad quotes customers thanking the bank for not burning down their houses or torturing their families in a dungeon.

Second, it has induced a new wariness among companies in entirely different industries.

“We have the Bank of America fee top of mind,” said Bill Kula, a spokesman for Verizon. “Part of my role is to get in front of executives and say ‘Do you want your head chopped off if you do this?’ ”

Sarah Kliff:

For months now, the health sector has led the economy in job creation, producing more than 300,000 more jobs since this time last year. Even as overall job creation sputtered last month, the health sector added 44,000 new positions.

But health-care job growth isn’t necessarily a good thing, at least when it comes to controlling our skyrocketing health costs. More health-care jobs mean more health-care spending, the opposite of what most health policy wonks want to see happen.

A New England Journal of Medicine article this morning really gets at this tension, between the good of job creation and bad of growing health costs. It suggests that a key driver behind our health-care job growth is a decline in productivity. We’re adding more workers, the article argues, because, in the aggregate, each health-care worker is doing less. And that’s the opposite of every other industry sector that’s growing right now. Take a look:

Julia Angwin:

A study released Tuesday shows that 45% of the top 185 U.S. websites transmit identifying details about their visitors to at least four outside websites.

The data transmitted was primarily a “username” – which is the name a person uses to log into a website – or a user ID assigned by the website to a user. It was usually transmitted through referrers – which is information about the web page transmitted automatically.

In some cases, the data went much further: the study found for instance that the online dating website OKCupid sent the gender, age, zip code, relationship status and ‘drug use frequency’ to two companies that sell personal data in auctions, BlueKai and Lotame.

Katia Moskvitch:

Smart cities with devices chatting to each other may dot the planet in the near future
Cities could soon be looking after their citizens all by themselves thanks to an operating system designed for the metropolis.

The Urban OS works just like a PC operating system but keeps buildings, traffic and services running smoothly.

The software takes in data from sensors dotted around the city to keep an eye on what is happening.

Karl Smith:

I don’t know if I’ve heard anyone say this and I am not quite sure what I think about it myself, but one way to view the economy in the Information Age is that the returns to specialization are falling.

So, those who like such things can go all the way back to Adam Smiths pin factory and think about all the tasks involved in making pins and how each person could become more suited to that task and learn the ins and outs of it.

However, in the information age I can in many cases write a program to repeatedly perform each of these tasks and record every single step that it makes for later review by me. The individualized skill and knowledge is not so important because it can all be dumped into a database.

Kent Bottles:

The realization that the American health care system must simultaneously decrease per-capita cost and increase quality has created the opportunity for the United States to learn from low and middle-income countries. “Reverse innovation” describes the process whereby an inexpensive innovation is used first in countries with limited infrastructure and resources and then spreads to industrialized nations like the United States.

The traditional model of innovation has involved the creation of high end products by companies in industrialized nations and the spread of these products to the developing world by adapting them to function in low and middle-income countries. Reverse innovation reverses the direction of spread with the United States borrowing new ideas and products designed for less wealthy countries in order to deliver health care more efficiently.

Resource challenged low and middle-income countries are different from the United States in at least six ways that can serve as catalysts for such reverse innovation: 1) affordability, 2) leapfrog technologies, 3) service ecosystems, 4) robust systems, 5) new applications, and 6) the absence of intermediaries.

der Spiegel:

The rest of the euro zone is losing patience with Greece. German Finance Minister Wolfgang Schäuble is no longer convinced that Athens can be saved from bankruptcy. His experts at the Finance Ministry have been working on scenarios exploring what would happen if Greece left the euro zone. By SPIEGEL Staff.

Herman Van Rompuy is an influential man in Europe. He is already president of the European Council, the assembly of the European Union’s heads of state and government. Soon he will also serve as the chief representative of the euro zone, if all goes according to plan.

Van Rompuy’s new role as “Mr. Euro” is a highly prestigious position. German Chancellor Angela Merkel thinks highly of the unassuming Belgian politician, who conceals a propensity for toughness and efficiency behind his seemingly humble appearance.

Alysia Santo:

In 2008, Iceland was hit hard by the global financial crisis. Citizen outrage and political unrest followed, sparking a people-powered shift in government policies. In June of 2010, the parliament passed the Icelandic Modern Media Initiative (IMMI), a resolution to draft the world’s strongest free speech protections. Then, this spring, the government began crowdsourcing a new constitution online, and produced a draft in late July. Alysia Santo spoke with Birgitta Jónsdóttir, a member of parliament and a one-time WikiLeaks spokesperson, about her goals to transform Iceland into a haven for freedom of speech and transparency. A condensed version of this conversation appeared in the September/October 2011 issue of the Columbia Journalism Review.

You have said that journalists are information refugees.

In this fragile metamorphosis, where most of the media is moving on to the Internet but has not figured out how to make money, it’s all about what gets the most clicks. It’s usually not in-depth or investigative reporting. These types of reporting are very often quite expensive compared to the number of clicks it gets. We’re hoping to make Iceland into a place where if you take the chance to blow the whistle, your story is going to appear.

My driving force is bloggers in countries like China, Tibet, Sri Lanka, and others. They are risking their lives to tell us what’s really going on. I want to be able to provide them safe haven. At the very least we can make sure that their stories remain up no matter what.

Matt Miller:

If you think, as I’ve argued repeatedly, that we need a “radically centrist” third-party presidential candidate to shake things up, and to force both political parties to confront the myriad issues that their interest groups and ideological litmus tests bar them from treating honestly, then there are only two ways for that to happen in 2012. Like it or not, both depend on wealthy Americans investing in creative political change.

The first scenario is that the new group Americans Elect succeeds in securing ballot access in all 50 states and runs a national online nominating convention (in which every registered voter can be a delegate) next summer that will put an independent ticket on the ballot. The group tells me that it is on track to have ballot access in 27 states by the end of this year; by law, the other 23 don’t allow the relevant signature-gathering until next year.