Thursday, March 31, 2011
Wednesday, March 30, 2011
Greed has no bounds
Amazing.
And the fact that he will not be prosecuted for insider trading is even more amazing.
And the fact that he will not be prosecuted for insider trading is even more amazing.
And the defense makes no sense.
Strange ideas:
Strange ideas: You money is no good here | The Economist: "Increasingly, it seems as though the default Republican position on monetary policy is a set of thoroughly discredited fringe beliefs that would prove economically disastrous if adopted. That's a problem!"
How Singapore Deals with the Bottom Third
Much of the problems in our school system are related to how we treat the bottom third of the class. One option is to learn from Singapore.
Tuesday, March 29, 2011
Obama's Libya speech:
"Offer valid only if it's a relatively easy military mission and we have a lot of allies and we only share a limited amount of the burden. Then we'll get in the fight for a bit and hope for the best."
Monday, March 28, 2011
Monday Mailbag: Financial Reform? How About Criminal Prosecutions? Plus: Bonus Ozzy Osbourne | Rolling Stone Politics | Taibblog | Matt Taibbi on Politics and the Economy
" The lesson seems to be if you steal from Goldman you go to the hoosegow for nearly a decade, while if you steal for Goldman you get a government bailout and a hefty bonus."
Technology Is Not the Answer
The poverty rate in the US has been at just below 15% despite rapid increases in technology.
Parallel Universe
The US Chamber would be clambering for a tax cut in the wake of a similar strategy.
Complexity
A discussion on Complexity in the financial system. Much of it is devised to deceive clients and enhance profits.
Sunday, March 27, 2011
New Tech Bubble?
Higher valuations and possibly a bigger bubble. Less harm to public investors because they cannot invest. Protecting stock markets from themselves.
"“I like paying taxes. With them I buy civilization.”"
Convenient Arguments � The Baseline Scenario: "“I like paying taxes. With them I buy civilization.”"
Tsunami Caught Japan's Nuclear Industry Off Guard - NYTimes.com
Tsunami Caught Japan's Nuclear Industry Off Guard - NYTimes.com:
Normal accidents.
"Tsuneo Futami, a former Tokyo Electric nuclear engineer who was the director of Fukushima Daiichi in the late 1990s. “When I headed the plant, the thought of a tsunami never crossed my mind.”"
And the Onion chimes in:
And the Onion chimes in:
Nuclear Energy Advocates Insist U.S. Reactors Completely Safe Unless Something Bad Happens
Saturday, March 26, 2011
Friday, March 25, 2011
Foreign aid: Anti-malaria bed nets v F-35s | The Economist
If we want to intervene in a country and save thousands of lives, we should be dropping bed nets from the F-35s
Ungrateful Bastards
GE: All Profit, No Taxes | The Big Picture: "they are ungrateful bastards as well."
Thursday, March 24, 2011
Wednesday, March 23, 2011
Things could have turned out a whole lot worse
What's Your Biggest Regret? - NYTimes.com: "We idealize the road not taken, imagining only the good things that would have resulted from our taking it, conveniently leaving out the bad that accompanies almost every choice,"
Educating College Graduates So They Can be Unemployed � New Deal 2.0
College education is not automatic route to success. The employment to population ratio among 20-24 year olds has dropped by 10 percent in the last 10 years.
Monday, March 21, 2011
US groups weigh Asia exit as costs rise
A rebound in sight for US manufacturing? I would not bet on it.
Sunday, March 20, 2011
Revealed Preference
We have enough money for military action in Libya, but not for job creation?
Saturday, March 19, 2011
Lunch with the FT: Howard Schultz
Money, success, being part of something bigger than yourself does not bring happiness nor satisfaction.
Friday, March 18, 2011
The Best Line on Economics and Science
Yglesias � The Best Line on Economics and Science: "“Economics is most like a science when people do not care about the outcome of the argument.”"
Thursday, March 17, 2011
Wednesday, March 16, 2011
Monday, March 14, 2011
Sunday, March 13, 2011
The Culture that is Capitalism
“The human toll here,” he declared, “looks to be much worse than the economic toll and we can be grateful for that.”
Friday, March 11, 2011
Wednesday, March 09, 2011
'They have learned nothing and forgotten nothing,'"
'They have learned nothing and forgotten nothing,'"
-US-China affair is likely to result in mutual pain
Good quick summary of the US-China relationship.
Tuesday, March 08, 2011
5 Signs Goldman Sachs is Out of the Government Dog House - Deal Journal - WSJ
Crony capitalism at its best.
"A former official at Goldman Sachs – which the SEC sued a year ago for misleading investors in a CDO deal — now is in charge of investor protection at the SEC."
Sunday, March 06, 2011
Hollywood and the War Machine
How Hollywood glorifies war. Not exactly news, but well portrayed by Aljiazeera.
Friday, March 04, 2011
Thursday, March 03, 2011
Wednesday, March 02, 2011
Robert Reich (How Democrats Can Become Relevant Again (And Rescue the Nation While They're At It))
Two years after Obama's resounding victory, it has come to this.
Tuesday, March 01, 2011
Countervailing what?: After unions | The Economist
Countervailing what?: After unions | The Economist:
"This is precisely the kind of answer I was looking for from progressives when I asked, 'If not unions, what?"
The role of unions should be replaced by government.
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