Robert Shiller was surprised when he got the call telling him he'd won the Nobel Memorial Prize in economics — surprised that he'd won (of course), but also surprised that he was sharing the award with Eugene Fama.
"He and I seem to have very different views," Shiller told me. "It's like we're different religions."
In particular, they have very different views about economic bubbles.
"The word 'bubble' drives me nuts, frankly," Fama told me.
Trout fishing is a magnet that draws people from around the world to places like Ovando, Mont. Just ask the owner of Blackfoot Angler and Supplies, Kathy Schoendoerfer.
"Every state in the nation has been through this little shop in Ovando, Montana, population 50," says Schoendoerfer with a mix of pride and perhaps a little fatigue. "And we've also had everybody from Russia, Latvia. We get a lot of Canadians, France, Finland, Brazil, Scotland, Germany, South Africa. We get a lot of business out here. You know, fly-fishing is huge."
The city of Oakland, Calif., is in the middle of a robbery epidemic. In response, some residents in several Oakland neighborhoods are taking matters into their own hands, hiring private security companies to patrol their neighborhoods.
Overall, robberies in Oakland are up 24 percent over the past year, with armed robberies up 45 percent. Since the recession dried up local tax revenues, the Oakland Police Department has been hamstrung by the loss of more than 200 officers and can't respond to all the calls it receives for help.
Emergency aid, including stocks of food, started arriving this week in cyclone-devastated areas of the Philippines; more is on the way.
The first wave of aid — high-energy biscuits designed to keep people alive when food is scarce — arrived via airlift. Huge shiploads of rice will be needed in the weeks and months to come. And exactly how the U.S. donates of that rice is a flashpoint in a long-running debate in Washington, D.C., about food aid.
For the past week or so, France has been deep in debate, wondering if there's a resurgence of an old colonial racism, or if people have just become more tolerant of bigots.
The questions stem from a series of race-based taunts against Justice Minister Christiane Taubira, who is black. Many of the statements seem to stem from Taubira's championing of the country's gay marriage legalization, which was signed into law in May.