10 Tuesday AM Reads

My Two-fer-Tuesday morning train reads:

• Yanis Varoufakis: Angela Merkel has a red and a yellow button. One ends the crisis. Which does she push? (Guardiansee also How Greece leaving the euro would actually work (Vox)
• Forget Bitcoin — What Is the Blockchain and Why Should You Care? (Re/Codebut see Bitcoin being forked? (FT Alphaville)
• Luxury Brands Have a Big Problem—Their Own Outlet Stores (BI)
• A solar future isn’t just likely — it’s inevitable (Vox)
• Wall Street is this medical-marijuana bidder’s secret weapon (Crain’s New York) but see FDA Cloud Hangs Over Vape Shops (WSJ)

Continues here



Category: Financial Press

CEO Pay Boosted by Stock Buybacks

Buybacks and Dividends Are Making CEOs Even Richer Source: Bloomberg

Category: Corporate Management, Digital Media, Finance

The Stimulative Effect of Redistribution

The Stimulative Effect of Redistribution Bart Hobijn and Alexander Nussbacher FRBSF Economic Letter June 29, 2015       Policymakers often consider temporarily redistributing income from rich to poor households to stimulate the economy. This is based in part on the idea that poor households spend a larger share of their income than rich ones do. However,…Read More

Category: Taxes and Policy, Think Tank

July 14th: Time for Pluto’s Close-Up

On July 14, 2015 the New Horizons spacecraft will zip past Pluto and its five known moons. Nobody really knows what it will find

SPACE & COSMOS|Almost Time for Pluto’s Close-Up

Source: NYT

Category: Science, Video

Data Never Sleeps 2.0

We first looked at this back in June 2012; here is the updated version:     Source: Domo

Category: Digital Media, Technology, Web/Tech

Health Insurer Merger Mania



Source: Knowledge@Wharton


Category: M&A, Video

Greeks Say ‘Oxi’ to Lemon Socialism

What do Greece, Ireland and the U.S.have in common? Each experienced what was termed at the time a “new financial era” that produced an enormous expansion of its finance sector. This led to an intoxicating combination of aggressive lending, leverage and recklessness. In each case, the era ended in a financial crisis; perhaps most important,…Read More

Category: Bailouts, Credit

10 Monday AM Reads

Welcome back to the monkey house. Here are our post-referendum morning train reads: • How ‘vision’ messed up Europe (FT) but see Europeans tried to block IMF debt report on Greece (Reuters) • Don’t Let The Disappointing June Jobs Report Distract From The Long-Term Trend (fivethirtyeight) • Traders’ hormones’ may destabilize financial markets (Science Daily) see also Raging Bull Markets: How Young Men’s…Read More

Category: Financial Press

The Trojan Finger

Via Twitter:

Category: Bailouts, Humor

Labor Force Participation: The U.S. and Its Peers

Labor Force Participation: The U.S. and Its Peers Monday, June 22, 2015 By Maximiliano Dvorkin, Economist, and Hannah Shell, Research Associate     The U.S. labor market has changed drastically over the past 50 years. As the following figure shows, the U.S. labor force participation rate1rapidly increased starting in the mid-1960s, peaked around 2000 and fell…Read More

Category: Employment, Think Tank