by George Wilkinson
Cells across the tree of life are built with very similar components: A wall to keep everything in, DNA which stores the genome, and RNA and protein which take care of the mechanics and metabolism. These components are heavily interdependent, and it is an ongoing puzzle how the modern cell emerged from the prebiotic chemistry of early earth. (See Wikipedia here ). There are two major approaches to try to bridge this gap. The first is to try to synthesize biotic compounds from a soup of plausible precurors, as in Miller and Urey’s “lightning experiment.” [Miller shown performing the experiment in photo on the right.] The converse approach is to scrutinize living organisms for hints of their ancestors, specifically the Last Universal Cellular Ancestor (LUCA).
RNA was likely to be among the very first of the modern information polymer classes to emerge, because RNAs can do the jobs of genome storage (now done mainly by DNA) and enzymatic action (now done mainly by protein). Proteins might have come second, and DNA last. So how did DNA take over the job of genome storage?

The late economist Hyman Minsky wrote that after fortunes inflate on the back of a speculative bubble, and after investors’ irrational optimism and overvalued assets inevitably collapse, an economy enters a “period of revulsion,” when people remember that it’s risky to bet big on an uncertain future. Likewise, it’s always during the depths of a hangover that a drinker remembers how whiskey invites its own overconsumption and swears that the only way to avoid another descent into this purgatory is to never touch the stuff again. But after the fog leaves and with a clear head regained, he forgets the pain after the party and declares another Manhattan to be an eminently reasonable investment. Of course, the trick is to recall at just that moment how miserable you’ll be after another three. A pessimistic economist faces the same cyclical popularity as a tee-totaling friend; a consoling voice the morning after becomes a buzz killer as soon as night falls again.