Antarctic lakes (above and beneath the ice sheet): Analogues for Mars

The perennial ice covered lakes of the Antarctic are considered to be excellent analogues to lakes that once existed on Mars. Field studies of ice covered lakes, paleolakes, and polar beaches were conducted in the Bunger Hills Oasis, Eastern Antarctica. These studies are extended to the Dry Valleys, Western Antarctica, and the Arctic. Important distinctions were made between ice covered and non-ice covered bodies of water in terms of the geomorphic signatures produced. The most notable landforms produced by ice covered lakes are ice shoved ridges. These features form discrete segmented ramparts of boulders and sediments pushed up along the shores of lakes and/or seas. Sub-ice lakes have been discovered under the Antarctic ice sheet using radio echo sounding. These lakes occur in regions of low surface slope, low surface accumulations, and low ice velocity, and occupy bedrock hollows. The presence of sub-ice lakes below the Martian polar caps is possible. The discovery of the Antarctic sub-ice lakes raises possibilities concerning Martian lakes and exobiology

Strain localization driven by thermal decomposition during seismic shear

Field and laboratory observations show that shear deformation is often extremely localized at seismic slip rates, with a typical deforming zone width on the order of a few tens of microns. This extreme localization can be understood in terms of thermally driven weakening mechanisms. A zone of initially high strain rate will experience more shear heating and thus weaken faster, making it more likely to accommodate subsequent deformation. Fault zones often contain thermally unstable minerals such as clays or carbonates, which devolatilize at the high temperatures attained during seismic slip. In this paper, we investigate how these thermal decomposition reactions drive strain localization when coupled to a model for thermal pressurization of in situ groundwater. Building on Rice et al. (2014), we use a linear stability analysis to predict a localized zone thickness that depends on a combination of hydraulic, frictional, and thermochemical properties of the deforming fault rock. Numerical simulations show that the onset of thermal decomposition drives additional strain localization when compared with thermal pressurization alone and predict localized zone thicknesses of ∼7 and ∼13 μm for lizardite and calcite, respectively. Finally we show how thermal diffusion and the endothermic reaction combine to limit the peak temperature of the fault and that the pore fluid released by the reaction provides additional weakening of ∼20–40% of the initial strength

Fiscal Paradise: Foreign Tax Havens and American Business

The offshore tax haven affiliates of American corporations account for more than a quarter of US foreign investment, an nearly a third of the foreign profits of US firms. This paper analyzes the origins of this tax haven activity and its implications for the US and foreign governments. Based on the behavior of US fins in 1982, it appears that American companies report extraordinarily high profit rates on both their real and their financial investments in tax havens. We calculate from this behavior that the tax rate that maximizes tax revenue for a typical haven is around 6%. The revenue implications for the US are more complicated, since tax havens may ultimately enhance the ability of the US government to tax the foreign earnings of American companies.

The founder

Remarks by Mr. William M. Rice, Jr. at the unveiling of Mr. John Angel's statue in bronze, Sunday morning, June 8, 1930