Late Afternoon Reads
By Anna W - June 20th, 2011, 5:00PM
This is what I will be reading on the way home tonight:
• Economist: Overly Swift Spending Cuts Scarier Than Temporary Default (Real Time Economics)
• The Unreliable Predictive Power of Bond Yields (BusinessWeek)
• With Its Stock Price Buffeted, Berkshire May Be a Bargain (WSJ)
• ‘Zombie notes’ live to haunt deed transfers (News Press)
• What This Country Needs Is a Good 5% CPI (WSJ)
• FireEye: Botnet Busters (BusinessWeek)
• The Triumph of New-Age Medicine (The Atlantic)
• 9 Awesome Interviews with Creative Visionaries (The 99 Percent)
• Geothermal Energy That Sucks CO2 From The Atmosphere (Fast Company)
• Gates’s Guidelines: 7 Rules for Managing the Pentagon (WSJ)
What are you reading?
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June 20th, 2011 at 5:02 pm
World’s oceans move into ‘extinction phase’
http://www.telegraph.co.uk/earth/earthnews/8587354/Worlds-oceans-move-into-extinction-phase.html
June 20th, 2011 at 5:15 pm
“The Triumph of New-Age Medicine” in The Atlantic was unfortunate in it’s promotion of borderline quackery.
A more skeptical (and dare I say, accurate) view of complementary and alternative “medicine” can be found in: http://theness.com/neurologicablog/index.php/alt-med-apologetics-at-the-atlantic/
June 20th, 2011 at 5:15 pm
If you read the New-Age Medicine piece in the Atlantic; for balance, read this rebuttal from Steve Novella, MD, who was interviewed for the original.
http://theness.com/neurologicablog/index.php/alt-med-apologetics-at-the-atlantic/
June 20th, 2011 at 6:19 pm
CPI measures many things. A 5% CPI could very well come from Food & Energy , two areas that hit the working class particularly hard.
June 20th, 2011 at 7:49 pm
Barry- That WSJ article was one of THE most incompetent reads I have never enjoyed.
OI
VEY
June 20th, 2011 at 8:21 pm
“What This Country Needs Is a Good 5% CPI”
That’s easy… reverse the Boskin commission adjustments.
June 20th, 2011 at 9:46 pm
Inflation is the least bad of the two options. A severe deflationary spiral, accompanied by a growing population of disgruntled, chronically unemployed people, sounds like a road to revolution. And who owns America at that point? Nations hostile to us that own large reserves of $$$?
June 20th, 2011 at 10:07 pm
I got a bid from a tree surgeon today. Almost on cue, he just called to lower his bid by 25% because he is desperate for work.
June 20th, 2011 at 10:13 pm
Barb-
Inflation isn’t something TPTB can just ‘make happen’ – dilution of purchasing power is and that is BAD.