Here are some of my favorite longer reads, saved for your weekend pleasure:

• Secret ‘Kill List’ Proves a Test of Obama’s Principles and Will (NYT)
• Managing Wall Street’s ‘Winner Effect’ (Businessweek)
• Is America Philosophical? (The Chronicle)
• Lessons From the World’s Most Ruthless Competitor (
• Dog domestication may have helped humans thrive while Neandertals declined (American Scientist)
• The Cup Of Coffee Club: The Ballplayers Who Got Only One Game (The Awl)
• How the Chicken Conquered the World (Smithsonian Mag)
• Sweep the Sleaze (and all of us are more Greek than we think) (Information Architects)
• The A/B Test: Inside the Technology That’s Changing the Rules of Business (Wired)
• WaPo must transform to survive (Columbia Journalism Review) see also Washington Post Co.’s Self-Destructive Course (Columbia Journalism Review)

What are you reading?


A brief guide to why China grows so fast

Source: Economist

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.

15 Responses to “10 Weekend Reads”

  1. mathman says:

    Two things to start the day. A cartoon:

    and this to illustrate how clueless the presidential hopefuls are:

  2. rd says:

    “Stocks have reached what looks like a permanently high plateau.” —Irving Fisher, 1929.

    The perfect description of the psychology of stock market peaks over the past 12 years.

  3. ConscienceofaConservative says:

    By-line says it all,” For the first time in 21 years, the Manhattan District Attorney’s Office has charged a bank with financial crimes”

  4. tomrus says:

    It is interesting that Coates winner effect is the exact opposite of the Kahnemann and Tversky effect called loss aversion. For K and T it is losers who take the mad gambles, for Coates it is the winners. Presumably the truth lies somewhere in between.

  5. James Cameron says:

    “But what is also true, and which is every bit as corrosive to our belief in the rule of law, is that the Justice Department has instead taken after the smallest of small fry — and then trumpeted those prosecutions as proof of how tough it is on mortgage fraud. It is a shameful way for the government to act.”

    The Mortgage Fraud Fraud

    And here are the big fry that processed, packaged and sold those loans – and then turned the other way when warned – but never served a day in jail:

    Woman Who Couldn’t Be Intimidated By Citigroup Wins $31 Million

  6. James Cameron says:

    That last url should be:

  7. VennData says:

    Obama Order Sped Up Cyber Attacks on Iran

    How can Netanyahu seriously question’s US stance in Iran? This cyber attack is an act of war. Period.

  8. mathman says:

    Remind me to move away from Limmerick:

    Mayor of Fukushima town proposes residents stay away at least 5 years

    AIZUWAKAMATSU, Fukushima —

    “The mayor of a radiation-contaminated town near the Fukushima No. 1 Nuclear Power Plant told assembly members June 1 that residents should stay away from the town for at least five years so they can secure equal compensation payments.

    Okuma Mayor Toshitsuna Watanabe is seeking assembly approval of a declaration that the town’s evacuated residents will not return for a five-year period. After the rezoning of evacuation areas, 95 percent of the town’s population of around 11,500 is expected to fall within zones that will remain off-limits for residents for at least five years, according to town officials. The other 5 percent could return, but realistically, the areas where their homes are situated would not be habitable.

    As compensation payment methods and amounts differ between zones, the town government asked the national government to zone the entire town as being off-limits for five years. The national government responded that it would review its rezoning plan, but said that if town citizens returned at the same time, then it would pay them equal compensation. This led the mayor to propose that the town’s residents not return for at least five years, which would allow them to receive the same amount of compensation.

    The town government is considering extending an evacuation advisory for the whole town for five years under the Disaster Countermeasures Basic Act.”

  9. mathman says:

    via Susie Madrak’s site:

    Krugman vs a couple Austerity believers

  10. VennData says:

    –JOHN HARWOOD, to CNBC’s Lawrence Kudlow last night on “The Kudlow Report”: “I wouldn’t rule out the possibility, if conditions get even worse, that there could be EARLY BIPARTISAN ACTION ON THE FISCAL CLIFF. Although I still expect it after the election — largely because I doubt Republican leaders are going to be in a mood to sell out Mitt Romney the way that Republican leaders did in 1996 to Bob Dole. I think they’re going to keep these battle lines drawn right up till November.”

  11. James Cameron says:

    Well . . . this is totally off topic I suppose, but this . . . just . . . in

    UW Huskies . . . 2012 IRA Men’s National Championship . . . First Team Ever To Sweep All Five IRA Events . . . Five Teams, Five Course Records . . . Go Dawgs!

  12. Jojo says:

    I like the closing line in the chicken article:
    “What did a dinosaur taste like?” It tasted like chicken.

    Which leads to this story:
    The Jurassic Park scientist who plans to turn a chicken into T Rex

    In a lab in the Montana Rockies, the palaeontologist who advised Spielberg on the making of ‘Jurassic Park’ tells Nick Collins how he is using genetics to create a modern-day dinosaur.
    25 Oct 2011

  13. “…to remember the words of Carroll Quigley, historian of rare ability rescued from obscurity by Bill Clinton, of all people. Quigley specifically mentions the super secret private parties.

    “The powers of financial capitalism had [a] far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences.“

    – Tragedy and Hope …