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Wednesday, December 31, 2014
interfluidity � Surge!
Supply might not be elastic. But Uber tells us so.
"There is no solid case that price-rationing is optimal or even remotely a good idea when dispersion of purchasing power is very large. "
"people have a strong preference for price-predictability over immediate access"
interfluidity � Surge!
"There is no solid case that price-rationing is optimal or even remotely a good idea when dispersion of purchasing power is very large. "
"people have a strong preference for price-predictability over immediate access"
interfluidity � Surge!
Tuesday, December 30, 2014
Sunday, December 28, 2014
Friday, December 26, 2014
Wednesday, December 17, 2014
Monday, December 15, 2014
Sunday, December 14, 2014
Saturday, December 13, 2014
Friday, December 12, 2014
Korean Air’s Chairman Removes Daughter From Executive Posts After Nut Incident - NYTimes.com
Korean Air’s Chairman Removes Daughter From Executive Posts After Nut Incident - NYTimes.com: Meanwhile, sales of macadamia nuts are said to have surged
Thursday, December 11, 2014
In Defense of A Troublesome Inheritance�|�Nicholas Wade
In Defense of <i>A Troublesome Inheritance</i>�|�Nicholas Wade:
"People need not be identical twins to be equal before God, before the law, and in their rights to equality of opportunity.
"People need not be identical twins to be equal before God, before the law, and in their rights to equality of opportunity.
Wednesday, December 10, 2014
Tuesday, December 09, 2014
Monday, December 08, 2014
Sunday, December 07, 2014
In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires - NYTimes.com
So now it is billionaires versus deca billionaires
In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires - NYTimes.com
Friday, December 05, 2014
Thursday, December 04, 2014
Wednesday, December 03, 2014
Tuesday, December 02, 2014
My Ferguson Problem - NYTimes.com
My Ferguson Problem - NYTimes.com:
we can afford to undertake reforms to reduce incarceration rates and limit “warrior cop” (and related) excesses, and that conservatives, in particular, have both a moral obligation to take the lead in such reforms (as many conservative-governed states and some national Republican politicians have done) and a political incentive to show minority communities that the G.O.P. is capable of questioning abuses of state power (and unionized overreach!) even when it isn’t a Republican constituency getting the short end of the stick.
we can afford to undertake reforms to reduce incarceration rates and limit “warrior cop” (and related) excesses, and that conservatives, in particular, have both a moral obligation to take the lead in such reforms (as many conservative-governed states and some national Republican politicians have done) and a political incentive to show minority communities that the G.O.P. is capable of questioning abuses of state power (and unionized overreach!) even when it isn’t a Republican constituency getting the short end of the stick.
Monday, December 01, 2014
Chris Rock on Ferguson, Cosby, and Obama -- Vulture
Profound statements on race:
White people were crazy. Now they’re not as crazy. To say that black people have made progress would be to say they deserve what happened to them before.
Chris Rock on Ferguson, Cosby, and Obama -- Vulture
White people were crazy. Now they’re not as crazy. To say that black people have made progress would be to say they deserve what happened to them before.
Chris Rock on Ferguson, Cosby, and Obama -- Vulture
Sunday, November 30, 2014
Oath Keepers and the Age of Treason | Mother Jones
Oath Keepers and the Age of Treason | Mother Jones:
Then again, when you're an active-duty soldier contemplating treason, some level of paranoia is probably sensible.
Then again, when you're an active-duty soldier contemplating treason, some level of paranoia is probably sensible.
Saturday, November 29, 2014
Friday, November 28, 2014
Thursday, November 27, 2014
U.S. Adds Planes to Bolster Drive to Wipe Out ISIS - NYTimes.com
U.S. Adds Planes to Bolster Drive to Wipe Out ISIS - NYTimes.com:
"then a week later, they’re gone.”
"then a week later, they’re gone.”
Wednesday, November 26, 2014
Levine on Wall Street: Harbingers and Currencies - Bloomberg View
Levine on Wall Street: Harbingers and Currencies - Bloomberg View:
I have messed up share counts in spreadsheets. Happens to all of us.
I have messed up share counts in spreadsheets. Happens to all of us.
Tuesday, November 25, 2014
ROBERT SHILLER: This Is What Finance Actually Is | Business Insider
ROBERT SHILLER: This Is What Finance Actually Is | Business Insider:
There’s an important technology that finance represents, and it is the technology of financing activities…so that people can undertake activities that would have otherwise been too risky for them.
There’s an important technology that finance represents, and it is the technology of financing activities…so that people can undertake activities that would have otherwise been too risky for them.
Monday, November 24, 2014
Thursday, November 20, 2014
The National Museum of Emerging Science and Innovation (Miraikan)
The Uni Cub
http://qz.com/299526/i-rode-the-honda-unicycle-from-that-ok-go-video-and-it-was-surprisingly-awesome/
And where you can rent one"
The National Museum of Emerging Science and Innovation (Miraikan)
http://qz.com/299526/i-rode-the-honda-unicycle-from-that-ok-go-video-and-it-was-surprisingly-awesome/
And where you can rent one"
The National Museum of Emerging Science and Innovation (Miraikan)
Wednesday, November 19, 2014
Tuesday, November 18, 2014
Monday, November 17, 2014
Sunday, November 16, 2014
Japan Economy Unexpectedly Contracts as Abe Weighs Tax Delay - Bloomberg
Forecasting is tough,especially about the future.
Japan Economy Unexpectedly Contracts as Abe Weighs Tax Delay - Bloomberg
Japan Economy Unexpectedly Contracts as Abe Weighs Tax Delay - Bloomberg
Saturday, November 15, 2014
Friday, November 14, 2014
Wednesday, November 12, 2014
Tuesday, November 11, 2014
Monday, November 10, 2014
We Are All Confident Idiots - Pacific Standard: The Science of Society
Beware of this behavioral bias: Dunning Kruger effect.
We Are All Confident Idiots - Pacific Standard: The Science of Society
We Are All Confident Idiots - Pacific Standard: The Science of Society
Sunday, November 09, 2014
Saturday, November 08, 2014
Friday, November 07, 2014
Wednesday, November 05, 2014
Tuesday, November 04, 2014
Monday, November 03, 2014
Sunday, November 02, 2014
Stumbling and Mumbling: Against evidence-based policy
One answer lies in something we know from financial decision-making - that greater knowledge doesn't necessarily improve the quality of decision-making. It might instead merely increase people's overconfidence and so magnify their mistakes.
Stumbling and Mumbling: Against evidence-based policy
Saturday, November 01, 2014
Friday, October 31, 2014
Thursday, October 30, 2014
Wednesday, October 29, 2014
Tuesday, October 28, 2014
Monday, October 27, 2014
No one, including the Fed, has done the necessary analysis to answer the question re QE and inequality. | Jared Bernstein | On the Economy
No one, not even the Fed, knows the impact of QE
No one, including the Fed, has done the necessary analysis to answer the question re QE and inequality. | Jared Bernstein | On the Economy
No one, including the Fed, has done the necessary analysis to answer the question re QE and inequality. | Jared Bernstein | On the Economy
Levine on Wall Street: Underwater Stress Tests - Bloomberg View
Levine on Wall Street: Underwater Stress Tests - Bloomberg View:
because a favorite hobby of really rich people is avoiding taxation.
because a favorite hobby of really rich people is avoiding taxation.
Friday, October 24, 2014
Thursday, October 23, 2014
Wednesday, October 22, 2014
Monday, October 20, 2014
Sunday, October 19, 2014
Saturday, October 18, 2014
Unable to Meet the Deductible or the Doctor - NYTimes.com
A fundamental misunderstanding. Do we have insurance or universal health care? Right now we have insurance so people have to pay for stuff.
Unable to Meet the Deductible or the Doctor - NYTimes.com
Unable to Meet the Deductible or the Doctor - NYTimes.com
Wednesday, October 15, 2014
Tuesday, October 14, 2014
Teen Researchers Defend Media Multitasking - WSJ - WSJ
Teens say that the teen way of doing things is correct?
Sometimes there is bias in studies....
Teen Researchers Defend Media Multitasking - WSJ - WSJ
Sometimes there is bias in studies....
Teen Researchers Defend Media Multitasking - WSJ - WSJ
Death Roils Texas as State Leads U.S. in Road Fatalities - Bloomberg
Poor infrastructure is a much bigger threat than Ebola.
Death Roils Texas as State Leads U.S. in Road Fatalities - Bloomberg
Death Roils Texas as State Leads U.S. in Road Fatalities - Bloomberg
Monday, October 06, 2014
Sunday, October 05, 2014
Saturday, October 04, 2014
Friday, October 03, 2014
Thursday, October 02, 2014
Fed Critics Say ’10 Letter Warning Inflation Still Right - Bloomberg
Admit nothing, deny everything and make counter accusations.
Fed Critics Say ’10 Letter Warning Inflation Still Right - Bloomberg
Fed Critics Say ’10 Letter Warning Inflation Still Right - Bloomberg
Friday, September 26, 2014
Thursday, September 25, 2014
Wednesday, September 24, 2014
Five errors that immediately get your resume rejected at Google - Quartz
For google, but true at all companies
Five errors that immediately get your resume rejected at Google - Quartz
Five errors that immediately get your resume rejected at Google - Quartz
Tuesday, September 23, 2014
Monday, September 22, 2014
Thursday, September 18, 2014
Wednesday, September 17, 2014
Tuesday, September 16, 2014
Monday, September 15, 2014
Saturday, September 13, 2014
Thursday, September 11, 2014
Tuesday, September 09, 2014
Monday, September 08, 2014
Sunday, September 07, 2014
Friday, September 05, 2014
Thursday, September 04, 2014
Tuesday, September 02, 2014
High Health Plan Deductibles Weigh Down More Employees - NYTimes.com
People like free stuff. What does she expect for 34 a month?
High Health Plan Deductibles Weigh Down More Employees - NYTimes.com
High Health Plan Deductibles Weigh Down More Employees - NYTimes.com
Monday, September 01, 2014
More Workers Are Claiming ‘Wage Theft’ - NYTimes.com
Legal system replaces unions in fight for worker rights.
More Workers Are Claiming ‘Wage Theft’ - NYTimes.com
More Workers Are Claiming ‘Wage Theft’ - NYTimes.com
Sunday, August 31, 2014
Saturday, August 30, 2014
Wednesday, August 27, 2014
Employers Aren’t Just Whining – the “Skills Gap” Is Real - James Bessen - Harvard Business Review
CEO's are always just whining. About weather, employees, anything to to avoid responsibility for poor results.
Employers Aren’t Just Whining – the “Skills Gap” Is Real - James Bessen - Harvard Business Review
Employers Aren’t Just Whining – the “Skills Gap” Is Real - James Bessen - Harvard Business Review
Tuesday, August 26, 2014
The .Plan: A Quasi-Blog: European countries are poor by U.S. standards
Norway as rich as NY? Seems richer. Median not mean is important.
The .Plan: A Quasi-Blog: European countries are poor by U.S. standards
The .Plan: A Quasi-Blog: European countries are poor by U.S. standards
Monday, August 25, 2014
Sunday, August 24, 2014
Saturday, August 23, 2014
Thursday, August 21, 2014
Tuesday, August 19, 2014
Monday, August 18, 2014
Saturday, August 09, 2014
Friday, August 08, 2014
Thursday, August 07, 2014
Tuesday, August 05, 2014
Monday, August 04, 2014
Sunday, August 03, 2014
Friday, August 01, 2014
Thursday, July 31, 2014
Stumbling and Mumbling: The economic base of virtue
Stumbling and Mumbling: The economic base of virtue
ResPublica's call for more virtue in banking looks like it is out of step with our times. This is an indictment not of ResPublica, but of our times. In fact, virtue is necessary for a healthy free market economy because virtuous men do the right thing without law, and so virtue is an alternative to an arms race between ever-increasing regulation and ever more cunning attempts to game such regulation. Free markets, in this sense, need a moral framework.
ResPublica's call for more virtue in banking looks like it is out of step with our times. This is an indictment not of ResPublica, but of our times. In fact, virtue is necessary for a healthy free market economy because virtuous men do the right thing without law, and so virtue is an alternative to an arms race between ever-increasing regulation and ever more cunning attempts to game such regulation. Free markets, in this sense, need a moral framework.
Tuesday, July 29, 2014
Monday, July 28, 2014
Friday, July 25, 2014
Thursday, July 24, 2014
Tuesday, July 22, 2014
Ivy League Schools Are Overrated. Send Your Kids Elsewhere. | New Republic
"High status man living an unfulfilled life becomes disillusioned with his status, it's all derivative from Ecclesiastes."
Ivy League Schools Are Overrated. Send Your Kids Elsewhere. | New Republic
Monday, July 21, 2014
Senate Inquiry Faults Hedge Funds' Tax Strategy - NYTimes.com
The secret to Renissance: 17:1 leverage.
Senate Inquiry Faults Hedge Funds' Tax Strategy - NYTimes.com
Sunday, July 20, 2014
Tuesday, July 15, 2014
Monday, July 14, 2014
Sunday, July 13, 2014
Saturday, July 12, 2014
Friday, July 11, 2014
Thursday, July 10, 2014
Race Is On to Profit From Rise of Urgent Care - NYTimes.com
Race Is On to Profit From Rise of Urgent Care - NYTimes.com:
This is the choice americans always make:
"But some family physicians — who stand to lose business to the newcomers — wonder if patients are trading quality for convenience."
This is the choice americans always make:
"But some family physicians — who stand to lose business to the newcomers — wonder if patients are trading quality for convenience."
Wednesday, July 09, 2014
Tuesday, July 08, 2014
Help Wanted: Jobs in Trucking Go Unfilled - WSJ
Help Wanted: Jobs in Trucking Go Unfilled - WSJ:
Not a skills mismatch, but a pay mismatch. At least the WSJ now writes it in the article.
But a key benchmark of labor-market health—wages—hasn't climbed substantially in recent months, suggesting that although some employers say hiring is difficult, they haven't felt pushed to raise pay to attract workers. Average hourly earnings for nonsupervisory workers rose 0.2% in June from May
Not a skills mismatch, but a pay mismatch. At least the WSJ now writes it in the article.
But a key benchmark of labor-market health—wages—hasn't climbed substantially in recent months, suggesting that although some employers say hiring is difficult, they haven't felt pushed to raise pay to attract workers. Average hourly earnings for nonsupervisory workers rose 0.2% in June from May
Monday, July 07, 2014
Saturday, July 05, 2014
Friday, July 04, 2014
Thursday, July 03, 2014
Wednesday, July 02, 2014
Tuesday, July 01, 2014
North Dakota's Latest Fracking Problem - WSJ
I flaring were illegal they would not do it>
Tragedy of the commons.
North Dakota's Latest Fracking Problem - WSJ
Monday, June 30, 2014
Do You Really Have to Fail to Succeed? - Harvard Business Review
On the whole, non failure beats failure all the time.
Do You Really Have to Fail to Succeed? - Harvard Business Review
Do You Really Have to Fail to Succeed? - Harvard Business Review
Iraq crisis: Isis declares establishment of a sovereign state - FT.com
Iraq crisis: Isis declares establishment of a sovereign state - FT.com:
Allies now:
The US, Russia and Iran have come to Iraq’s aid, hoping to stop the onslaught by Sunni extremists.
Allies now:
The US, Russia and Iran have come to Iraq’s aid, hoping to stop the onslaught by Sunni extremists.
Sunday, June 29, 2014
Saturday, June 28, 2014
Kenya’s Future Clouds as Tensions Rise and Tourists Flee - NYTimes.com
Kenya’s Future Clouds as Tensions Rise and Tourists Flee - NYTimes.com:
Not just Kenya
“There are really only two tribes in Kenya,” he said wistfully. “The poor and the rich.”
Not just Kenya
“There are really only two tribes in Kenya,” he said wistfully. “The poor and the rich.”
Friday, June 27, 2014
Thursday, June 26, 2014
Tuesday, June 24, 2014
Export-Import Bank Reauthorization Fight - Business Insider
Export-Import Bank Reauthorization Fight - Business Insider:
Mission creep:
Ex-Im Bank," as it is typically called, was established under a 1934 executive order from Roosevelt, as part of his desire to expand trade with the newly established Soviet Union and with Cuba
Mission creep:
Ex-Im Bank," as it is typically called, was established under a 1934 executive order from Roosevelt, as part of his desire to expand trade with the newly established Soviet Union and with Cuba
Last of Syria’s Known Chemical Arms Are Shipped Abroad for Destruction - NYTimes.com
An unsung win for Obama's foreign policy.
Last of Syria’s Known Chemical Arms Are Shipped Abroad for Destruction - NYTimes.com
Last of Syria’s Known Chemical Arms Are Shipped Abroad for Destruction - NYTimes.com
Monday, June 23, 2014
The Sharing Economy and the Mystery of the Mystery of Inequality
Arbitrage; Regulatory or another type, is the best way to make money.
The Sharing Economy and the Mystery of the Mystery of Inequality
The Sharing Economy and the Mystery of the Mystery of Inequality
An Employee Dies, and the Company Collects the Insurance - NYTimes.com
Another way companies misuse the tax code. Law should be changed.
An Employee Dies, and the Company Collects the Insurance - NYTimes.com
An Employee Dies, and the Company Collects the Insurance - NYTimes.com
Sunday, June 22, 2014
Saturday, June 21, 2014
Friday, June 20, 2014
Thursday, June 19, 2014
Cancer Doctors Ring Up Big Medicare Bills for Tarnished Drug Procrit - WSJ
Neither Procit nor aranesp worked for me.
Cancer Doctors Ring Up Big Medicare Bills for Tarnished Drug Procrit - WSJ
Cancer Doctors Ring Up Big Medicare Bills for Tarnished Drug Procrit - WSJ
Wednesday, June 18, 2014
Tuesday, June 17, 2014
Monday, June 16, 2014
Sunday, June 15, 2014
Saturday, June 14, 2014
U.S. Airstrikes Could Help in Reversing Insurgent Offensive, Experts Say - NYTimes.com
Experts always say this about airstrike. Experts are always wrong. Boots on the ground are a necessary followup. Why we should stay away.
U.S. Airstrikes Could Help in Reversing Insurgent Offensive, Experts Say - NYTimes.com
U.S. Airstrikes Could Help in Reversing Insurgent Offensive, Experts Say - NYTimes.com
The Trucking Industry Wants to Weaken Safety Rules - NYTimes.com
Why we need unions. Government is not a balance to the strength of the corporate lobbyists.
The Trucking Industry Wants to Weaken Safety Rules - NYTimes.com
The Trucking Industry Wants to Weaken Safety Rules - NYTimes.com