My afternoon train reading:

• It’s a girl: The three deadliest words in the world (Independent)
• The Myth of Japan’s Failure (NYT)
WTF? The Correlation of Laughter at FOMC Meetings (Daily Stag Hunt)
• Dwelling In Uncertainty (Hussman Funds)
• About Those Eight Million “Lost” Jobs… (Tim Iacono)
• Factbox: What happens if Greece defaults? (Reuters) see also Here’s how much Austrian banks are on the sovereign debt hook for (Credit Writedowns)
• The Massendowngrade Effect (EconoMonitor)
• Google Rallies Opposition to Murdoch-Backed Anti-Piracy Bill (Businessweek) see also Thirty Years Before SOPA, MPAA Feared the VCR (Forbes)
• How Stanley Kubrick Invented the Modern Box-Office Report (By Accident) (Moviefone)
• Crowded Republican Senate Primary Field Poses Hazards for Party (Bloomberg)

What are you reading?

>
The rise and fall of personal computing

Source: Asymco

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

22 Responses to “10 Mid-Week PM Reads”

  1. gkimura says:

    The NYT article about Japan is somewhat misleading about the current status of Japanese economy. I came to the U.S. in 1995 from Japan. Things clearly have changed in negative way since then.

  2. ironman says:

    Technology’s End, which goes great with the chart above!

  3. Ramstone says:

    9/11 mirth. Awesome.

  4. rktbrkr says:

    Re FOMC merriment – I hope Ron Paul wipes the smiles off their faces (and geithner is even more of a twit and asskisser than I imagined!)

  5. S Brennan says:

    Thanks Barry for the link on Femacide.

    Partial Solution [from my Facebook]: if you nation engages in femacide, by either policy, or cultural norms, no emigration from [x] to the U.S. for MALES of [x] nation. And yes…I am culturally intolerant of detestable practices. Read the article, it ain’t poverty driving this…at least not material poverty. If the US/Canada/South America/Europe had such a policy, I feel confident orders would go forth and the practice would cease.

    Sometimes the solutions are not hard or expensive, they just require that those in power take moment out their self serving lives to give a damn.

  6. yon’ QOTD:

    “The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”

    —John Maynard Keynes

    before any choose to scoff, with the predictable..”It can’t happen here!”

    they may want to peruse some of..

    http://www.coinflation.com/

  7. PeterR says:

    Re: laughter at FOMC meetings, why do I feel as if we are fiddling in Rome?

    Arranging deck chairs on the Costa Concordia in Italy?

    You can’t make this stuff up!

  8. Bill in SF says:

    I’ve been reading a number of articles about legislators reversing their support for SOPA/PIPA. One significant TELL is showing in these flip/flops. That is, the legislators had not read the legislation or fully understood the impact it would have on free speech in general, or the internet in particular.
    It looks like they’re starting to see the light. Here’s Mark Rubio of Florida, an early supporter.

    Home to the Disney World and Universal Studios theme parks, Rubio’s Florida may be the most Hollywood-centric state outside California, and Rubio had been one of the first senators to sign on in support of Protect IP when Sen. Pat Leahy (D-Vt.) introduced it this past spring. In a frank statement posted to his Facebook page on Wednesday, Rubio hinted at a Beltway truth that many other wavering Protect IP and SOPA supporters have been hesitant to admit: More than one lawmaker signed on to the legislation without understanding its technical workings and potential problems, believing it to be an uncontroversial, bipartisan bill that would support American industries.

    http://www.huffingtonpost.com/2012/01/18/marco-rubio-protect-ip-act_n_1213062.html

  9. Bill in SF says:

    That, of course, is Marco Rubio, not Mark.

  10. ssc says:

    Interesting article about Japan, I do not know the numbers, may be they are “honest”, may be they are not, but I do read that it has been a revolving door for their political leaders, I kind of think if things are just so wonderful asthe author implied, the citizens would not keep throwing the elected out.

  11. BTUR says:

    Interesting to see what Chris Dodd – he of the Dodd-Frank legislation – is up to these days.

    “The so-called blackout day to protest anti-piracy legislation is “abuse of power given the freedoms these companies enjoy in the marketplace today,” Christopher Dodd, chairman of the Motion Picture Association of America, said in an e-mailed statement yesterday.”

  12. RW says:

    I’m still shaking my head over the FOMC minutes. These were supposed to be some of the smarted folks in the room, but they couldn’t seem to pull their faces out of the rear view mirror or the punch bowl.

    All I could think of was Axel Oxenstierna’s famous (1648) counsel to his son who was worried about dealing with more experienced diplomats in negotiating the Peace of Westphalia, “Do you not know, my son, with how little wisdom the world is governed?”

    WRT the “debauch the currency” quote attributed to Keynes, the original idea comes from Lenin but Keynes rephrased it with modification and warning suitable to a capitalistviz

    “Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose.”

    Keynes continues by noting that whether it is due to “necessity or incompetence,” it was a policy which “a Bolshevist might have done by design” and which theatened confidence in credit and, thereby, one of the central pillars of capitalism.

    http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.23.2.213

    Keynes also makes some negative comments about Lenin and Communism that are sufficiently barbed to get a nasty response from Lenin in return. Interesting stuff.

    This was all in the days of fixed exchange rates however and it is unlikely the global monetary system will return to that now that everyone has seen how a (relatively) fixed currency limited the ability of European nations to respond adquately to current account imbalances between EU member states.

  13. Bob A says:

    revisit in one year to see how android tablets repeat the success of android phones

  14. formerlawyer says:

    @BTUR Says:

    Up is down, down is up! Orwell would be rolling in his grave.

  15. mathman says:

    http://www.washingtonpost.com/blogs/fact-checker/post/keystone-pipeline-jobs-claims-a-bipartisan-fumble/2011/12/13/gIQAwxFisO_blog.html?tid=sm_btn_tw

    i glad at least someone is fact-checking all the hype surrounding fictitious job-creation touted by the oil/gas industry.

  16. mathman says:

    sorry for the dbl post

    @MEH: here’s one for you (via cryptogon):
    http://pesn.com/2012/01/14/9602012_Momentous_Breakthroughs_Announced_During_Anniversary_E-Cat_Interview/

    cold fusion keeps coming back from the dead

  17. mathman,

    the link, itself http://cryptogon.com/?p=27067 , I found to be worthwhile..

    in part..

    “…January 19th, 2012

    Many of you are interested in Andrea Rossi and the E-cat technology. You’re submitting several stories and wondering what I think about all of this.

    Here’s what I think:

    I put about equal odds on one of these three outcomes:

    1. Andrea Rossi is the real deal and I’ll soon be able to buy an E-cat for use in my house

    2. Andrea Rossi will be assassinated

    3. Andrea Rossi will wind up in prison for fraud

    This saga has dragged out long enough, and I’ve given it an appropriate amount of coverage (some would argue too much, other would argue not enough), but it’s time for Rossi to put his box up for sale and let the chips fall where they may…”

    ~~

    but, before that, it dawned on me that ~”if People spent as much Time endeavoring to learn of what a different 1% (Inventors) were doing, as they have squawking about “the 1%” (v. the 99%), “We”, just, might be in a ‘different Place’…”

  18. Petey Wheatstraw says:

    louis:

    Agreed. Awesome link.

  19. cmor says:

    The “Rise and Fall of Personal Computing” chart has a couple of flaws:

    1.) The title. By the chart personal computing (PC & Mac) is still on the rise, though slowing.

    2.) The last few years are a little confused as the chart combines data for hardware (iPhone, RIM, iPod, tablets, other smartphones) with OS platforms (Symbian, Bada, Windows Mobile), i.e. the platform numbers presented undoubtedly overlap with the hardware data. Example “other smartphones” would presumably include those running Windows Mobile.