McKinsey report on de-leveraging — pdf (McKinsey, ht Paul M) Lots of interesting charts. Conclusion is that debt reduction in the developed world has only begun. The Economist has a good summary too.

Why talking to yourself may be the highest form of intelligence (Just Seven Things) Smart post. I would add a related point, that the most effective study method is actually teaching. Students that must teach study partners a bit of material will engage it at a deeper level as they anticipate questions.

Wall St. weighs constitutional challenge to new tax (Dash, NYT)

New York Times ready to charge readers (Daily Intel) Felix has some thoughts on this, though he fails to defend his view that it’s “not smart business” to “cut users off from the website just for the sake of dealing with a nasty cashflow problem.” Explaining this particular point in detail would be helpful as “nasty cash flow problems” tend to, you know, put companies out of business. Still, Felix acknowledges that NYT needs to charge something in order to support content generation.

Bundles of cable (Surowiecki, New Yorker) Á la carte cable probably wouldn’t lead to lower bills for consumers. Instead, the channels that folks really watch –ESPN, e.g. — would end up taking a bigger piece of the pie.

Cruise ship docks at private Haiti beach for BBQ, water sports (BoingBoing)

Chavez nationalizes retailer (Crowe, DJN) The Venezuelan economy continues to rot from the inside out.

Elevated CO2 in school traced to students’ breath (WMUR) Apollo 13 anyone?

Why NBC breached Conan’s contract (Sklar, Mediaite)

Really fast roller coaster….(fast forward to 0:35)