The Sloan Digital Sky Survey is a massive telescope that offers unprecedented three-dimensional, shockingly detailed maps of deep space. However, what’s perhaps more remarkable than its eye into the far-flung corners of the universe is the way it came to be. Sloan, which was created in a kind of open-source process, is one of the more fascinating stories in the democratization of science.
Hedge funds are an integral part of the global financial order, but they operate with little regulation. Really, it’s anything goes. Sebastian Mallaby makes a case for them by way of a glamorized history.