HOMEMASS MEDIAXavier in the NewsThe rise and rise of the cognitive elite
19 January 2011
The rise and rise of the cognitive elite
Mass media - News Sala i Martín
The Economist

WHEN the financial crisis struck, says a prominent banker, the women he knows stopped wearing jewellery. “It wasn’t just that they were self-conscious about the ostentation. It was because it didn’t look good to them any more.” He goes on: “There were blogs that had my name, my family’s names, my address. There were death threats. You’d think this could be some pimply kid in a basement, but John Lennon met some pimply kid from a basement. And the kid shot him.” [...]

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