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Tuesday, December 15, 2015

Hiking Without a Map | The Big Picture

Hiking Without a Map | The Big Picture

The Experts Were Wrong About the Best Places for Better and Cheaper Health Care - The New York Times

The Experts Were Wrong About the Best Places for Better and Cheaper Health Care - The New York Times

This week, the US government will take action to slow the economy and prevent wage growth - Vox

This week, the US government will take action to slow the economy and prevent wage growth - Vox

The Fed may be about to atone for the “mistake” of 1998 | FT Alphaville

The Fed may be about to atone for the “mistake” of 1998 | FT Alphaville

The promise and peril of Ted Cruz’s plan to overhaul the drug approval process - Vox

The promise and peril of Ted Cruz’s plan to overhaul the drug approval process - Vox

Gun control becomes a litmus test in Democratic primaries - POLITICO

Gun control becomes a litmus test in Democratic primaries - POLITICO

The Donald and the Chump Factor - The New York Times

The Donald and the Chump Factor - The New York Times

Friday, November 20, 2015

Democrat Wins Mississippi House Race After Drawing Straw - The New York Times

Democracy in action



Democrat Wins Mississippi House Race After Drawing Straw - The New York Times

Economist's View: 'Some Big Changes in Macroeconomic Thinking from Lawrence Summers'

Economist's View: 'Some Big Changes in Macroeconomic Thinking from Lawrence Summers'

Life in an American concentration camp

Life in an American concentration camp

Saudi Arabia, an ISIS That Has Made It - The New York Times

Saudi Arabia, an ISIS That Has Made It - The New York Times

The Space Doctor’s Big Idea - The New Yorker





Einstein in 1000 common words.



The Space Doctor’s Big Idea - The New Yorker

Why Pensions and Hedge Funds Don’t Mix - The New York Times

Japan’s star is on the rise — with a lot of help from QE — FT.com

Japan’s star is on the rise — with a lot of help from QE — FT.com

Thursday, November 12, 2015

David and Willie - YouTube

David and Willie - YouTube

How to Tie Your Shoes and Lace Your Shoes the Best Way - Bloomberg Business

How to Tie Your Shoes and Lace Your Shoes the Best Way - Bloomberg Business

10 top writing tips and the psychology behind them - without bullshit

10 top writing tips and the psychology behind them - without bullshit

Beyond Banking: traditional talent pool dries up for hedge funds — FT.com

Beyond Banking: traditional talent pool dries up for hedge funds — FT.com

New derivation of pi links quantum physics and pure math

New derivation of pi links quantum physics and pure math

The Economy Is Better — Why Don’t Voters Believe It? | FiveThirtyEight

The Economy Is Better — Why Don’t Voters Believe It? | FiveThirtyEight

The culture that is France

France won’t dine with Iran unless wine is served - The Washington Post

Coke, Cookies and Universal Banks - Bloomberg View

Coke, Cookies and Universal Banks - Bloomberg View:



As is now clear, traditional banking attracts one kind of talent, which is entirely different from the kinds drawn towards investment banking and trading. Traditional bankers tend to be extroverts, sociable people who are focused on longer term relationships. They are, in many important respects, risk averse. Investment bankers and their traders are more short termist. They are comfortable with, and many even seek out, risk and are more focused on immediate reward. In addition, investment banking organisations tend to organise and focus on products rather than customers. This creates fundamental differences in values.

China loses its top voice at the World Bank — FT.com

China loses its top voice at the World Bank — FT.com

Yes, Marco Rubio, philosophers matter and we need more | Fusion

Yes, Marco Rubio, philosophers matter and we need more | Fusion

Market Timing Is Back in the Hunt for Investors | Institutional Investor

Market Timing Is Back in the Hunt for Investors | Institutional Investor

The euro was pointless | FT Alphaville

The euro was pointless | FT Alphaville

Market Timing Is Back in the Hunt for Investors | Institutional Investor

Market Timing Is Back in the Hunt for Investors | Institutional Investor

Atul Gawande dicusses health care’s 'dramatic transformation'

Tuesday, November 10, 2015

5 things you should know about the Republican welfare state - Vox

This $13tn question is more important than ever | Larry Summers blog

Harvard Free Speech: Is the Freedom in Danger? | TIME.com

What’s Really Going On at Yale — Medium

Why Did the Death Rate Rise Among Middle-Aged White Americans? - The New Yorker

Tim Harford — Article — When wishful thinking becomes wasteful

Tim Harford — Article — When wishful thinking becomes wasteful

Monday, November 09, 2015

The Halloween Costume Controversy at Yale's Silliman College - The Atlantic

World Economic Forum on Twitter: "This is what the US life expectancy gap looks like https://t.co/JeZQ3wIDdH #economics https://t.co/PcxWhJcaRS"

World Economic Forum on Twitter: "This is what the US life expectancy gap looks like https://t.co/JeZQ3wIDdH #economics https://t.co/PcxWhJcaRS"

We know substance abuse deaths are rising. But Medicare won't let researchers study the problem. - Vox

Harvard Aggressively Defends Affirmative Action - Bloomberg Business

Harvard Aggressively Defends Affirmative Action - Bloomberg Business

Here's What Happens When Photographers Are Told Different Stories About A Person

Here's What Happens When Photographers Are Told Different Stories About A Person

So what are we ~doing~ about suicide, substance abuse, and pain? | The Incidental Economist

What a Year of Job Rejections Taught Me About Pitching Myself

Adam Weiss Of Scout Capital: It's Time To Short Activism

High-frequency trading and market quality: What’s the deal? | Bank Underground

All That Glitters Is Not Gold: An Analysis of U.S. Public Pension Investments in Hedge Funds - Roosevelt Institute

How to make MD at Goldman Sachs

Bonuses, Bail-Ins and Down Rounds - Bloomberg View

Stunning

In other news, only 14 percent of managing directors at Goldman have MBAs.

Bonuses, Bail-Ins and Down Rounds - Bloomberg View

Technological Progress Anxiety: Thinking About "Peak Horse" and the Possibility of "Peak Human"

Richard H. Serlin: Robot/AI revolution decimating employment and wages, not just could it happen, has it largely happened already? Surprising data

Grasp the reality of China’s rise — FT.com

Pfizer Piles Profits Abroad - WSJ

U.S. Targets Pharmacies Over Soaring Claims to Military Health Program - WSJ

Saturday, November 07, 2015

Sainthood price-tag leaks stir Vatican fury — FT.com

Age adjustment mortality update - Statistical Modeling, Causal Inference, and Social Science

What's Really Warming the World? Climate deniers blame natural factors; NASA data proves otherwise

How Politics Shaped General Relativity - The New York Times

How Politics Shaped General Relativity - The New York Times

New Yorkers Face Hard Decisions After Collapse of Health Republic Insurance - The New York Times

Thursday, November 05, 2015

Goldman attempts to woo junior bankers with swift promotions — FT.com

The Lure of Luxury | Boston Review

The Lure of Luxury | Boston Review

Short-Term Thinking - The New York Times

Short-Term Thinking - The New York Times

Sanctions, Spoofers, Bits and Gold - Bloomberg View

Sanctions, Spoofers, Bits and Gold - Bloomberg View



One important lesson from the last few years of bank scandals is: Don't put it in writing. A lot of people got that wrong. Fine. But the really surprising thing is the number of people who came so close to getting it right, but for one small mistake. They knew not to put it in writing, and they told their colleagues not to put it in writing. Their mistake -- it is a subtle one -- is that they told their colleagues not to put it in writing in writing.

Marco Rubio’s tax plan gives a huge gift to the top 0.0003 percent - The Washington Post

Marco Rubio’s tax plan gives a huge gift to the top 0.0003 percent - The Washington Post

To Improve Your Focus, Notice How You Lose It

To Improve Your Focus, Notice How You Lose It

Elder Bush Says His Son Was Served Badly by Aides - The New York Times

Elder Bush Says His Son Was Served Badly by Aides - The New York Times

Monday, October 26, 2015

Howard Marks Report

http://www.oaktreecapital.com/MemoTree/Inspiration%20from%20the%20World%20of%20Sports.pdf?curator=thereformedbroker&utm_source=thereformedbroker

Tuesday, October 20, 2015

How to Turn a Bad Day Around

How to Turn a Bad Day Around

Accidental Payments and Quiz Cheating - Bloomberg View

Accidental Payments and Quiz Cheating - Bloomberg View:



Okay kids, gather round and listen up. If you work at a bank, that bank is�tracking what you do on your computer. They told�you that when you started, but�you are so used to clicking through terms of service that you�didn't pay any attention. "Yeah, yeah, the bank reserves the right to monitor my computer, blah blah blah," you said as you signed�a bunch of forms. Now 20�of your analyst classmates are�gone. Are you paying attention now?

Do the economics of self-driving taxis actually make sense? | FT Alphaville

Do the economics of self-driving taxis actually make sense? | FT Alphaville: This is problematic because Uber’s already low-margin business model depends heavily on being able to overstep regulation, licensing and — most importantly — transfer maintenance, cleaning, insurance and market-risk exposure to drivers. It also benefits from drivers’ ability to draw value from vehicles in personal time.

What is the Chinese Services Sector? | Balding's World

What is the Chinese Services Sector? | Balding's World

Government fund urges Japan auto industry shake-up - FT.com



Or they could give foreign activists more leeway.



Government fund urges Japan auto industry shake-up - FT.com

The poor earning power of Japanese firms | VOX, CEPR’s Policy Portal

The poor earning power of Japanese firms | VOX, CEPR’s Policy Portal

The poor earning power of Japanese firms | VOX, CEPR’s Policy Portal

The poor earning power of Japanese firms | VOX, CEPR’s Policy Portal

Treatment of the Inhabitants of the South by Our Military Commanders. - A NOTEWORTHY LETTER FROM MAJOR-GEN. W.T. SHERMAN. - NYTimes.com

Treatment of the Inhabitants of the South by Our Military Commanders. - A NOTEWORTHY LETTER FROM MAJOR-GEN. W.T. SHERMAN. - NYTimes.com

In Long Island Hamlet, Home Buyers’ Rule Is a Relic of Its Nazi Past - The New York Times

In Long Island Hamlet, Home Buyers’ Rule Is a Relic of Its Nazi Past - The New York Times

Monday, October 19, 2015

Goldman Sachs analysts fired for cheating. - Business Insider

Goldman Sachs analysts fired for cheating. - Business Insider

The Problem With Tying Health Care To Trade | FiveThirtyEight

The Problem With Tying Health Care To Trade | FiveThirtyEight

She Kills People From 7,850 Miles Away - The Daily Beast

She Kills People From 7,850 Miles Away - The Daily Beast

To Reduce the Cost of Drugs, Look to Europe - The New York Times

To Reduce the Cost of Drugs, Look to Europe - The New York Times

Misconceptions About Individual Bonds vs. Bond Funds - A Wealth of Common SenseA Wealth of Common Sense

Misconceptions About Individual Bonds vs. Bond Funds - A Wealth of Common SenseA Wealth of Common Sense

Where Superforecasters Start, Bryan Caplan | EconLog | Library of Economics and Liberty

Where Superforecasters Start, Bryan Caplan | EconLog | Library of Economics and Liberty

Saturday, October 17, 2015

A photographer edits out our smartphones to show our strange and lonely new world - Quartz

A photographer edits out our smartphones to show our strange and lonely new world - Quartz

Sean Parker, Food Allergy Fighter - Bloomberg Business

Sean Parker, Food Allergy Fighter - Bloomberg Business

Lessons from the last downturn for the next one. | Jared Bernstein | On the Economy

Lessons from the last downturn for the next one. | Jared Bernstein | On the Economy

What Could Raising Taxes on the 1% Do? Surprising Amounts - The New York Times

What Could Raising Taxes on the 1% Do? Surprising Amounts - The New York Times

A Path Out of the Middle East Collapse - WSJ

The U.S. is now opposed to, or at odds in some way or another with, all parties in the region: 





A Path Out of the Middle East Collapse - WSJ

A Path Out of the Middle East Collapse - WSJ

The U.S. is now opposed to, or at odds in some way or another with, all parties in the region: 





A Path Out of the Middle East Collapse - WSJ