My afternoon train reads:

• Wall Street’s Biggest Geniuses Reveal Their Favorite Charts Of 2012 (Business Insider) see also Everything You Need To Know About the Economy in 2012, in 34 Charts (Atlantic)
• God Save the British Economy (NYT Magazine)
LOL Auditor: “material weaknesses” at Bailey Bros. Building and Loan (Quartz)
• After Libor, arguments against financial regulation are a joke (Thomson Reuters) see also Last-Ditch Attempt to Derail Volcker Rule (Economix)
• Will Instagram teach users there’s no such thing as a free (digital media) lunch? (Quartz)
• Humans have ‘Restless Genes’ (National Geographic)
• To Stop Shootings, Americans Focus on Police, Mental Health (Gallup) see also Today’s McArdle Award Winner (The Politics Blog)
• A history of the Second Amendment in two paintings (Wonkblog)
• Jerry Seinfeld Intends to Die Standing Up (NYT)
• The 30 Most Powerful Photobombs Of The Year (BuzzFeed)

What are you reading?


Average December Change By Day: Santa on His Way?

Source: Bespoke

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.

13 Responses to “10 Thursday PM Reads”

  1. Slash says:

    RE charts: Federal Reserve Policy Versus Daytona 500 Driving Speeds


  2. thomas hudson says:

    re: mccardle award

    Jonah Goldberg, NRO’s founding editor and one of their better writers, didn’t think much of Charlotte Allen’s column either:

    She may not be writing there long.

  3. Jack Damn says:

    - Snow Fall: The Avalanche at Tunnel Creek\

    Awesome design on this. Wish my high school text books were like this.

    - Preparing for the End of the World Photo set from The Atlantic (26 Photos)

  4. 4whatitsworth says:

    Lots of goodies like the wash rule only applies to loses. If you have a gain may as well sell and buy it back for a quick 8.8%.

  5. James Cameron says:

    > see also Today’s McArdle Award Winner (The Politics Blog)

    This is the actual Megan McArdle passage:

    “I’d also like us to encourage people to gang rush shooters, rather than following their instincts to hide; if we drilled it into young people that the correct thing to do is for everyone to instantly run at the guy with the gun, these sorts of mass shootings would be less deadly, because even a guy with a very powerful weapon can be brought down by 8-12 unarmed bodies piling on him at once. Would it work? Would people do it? I have no idea; all I can say is that both these things would be more effective than banning rifles with pistol grips.”

    from her tome:

    It’s hard to be surprised anymore, but this is quite exceptional.

  6. willid3 says:

    and now for some thing different

    last chance prep for the end of the world

    send your data to Mars!

  7. swag says:

    Preppers Are Getting Ready for the Barackalypse

    By Tim Murphy
    “Obama’s second term is very bad news for survivalists. It’s also very good news for the industry catering to their worst fears.”

  8. Jack Damn says:

    Look out below…Futures just “flash” crashed on news the House put off a vote on “Plan B”:

    - (S&P-500 futures (ES), 30-minute chart)


  9. S Brennan says:

    I was surprised to see a significant majority of Republicans favored reducing violence in the media while a significant majority of Democrats did not.

    The oddity is compounded by the fact that countries with strong social safety nets [in my youth, a Democratic value] control the level of violence shown in the media, whereas countries with a right wing bent do not.

  10. Julia Chestnut says:

    The nonsense I keep seeing about the instagram grab has exactly the same tenor as the political punditry I find toxic and destructive: a kind of world-weary cynicism about how far we are already bent over by [fill in the blank] and, therefore, are just being hypocritical if we complain when we’re finally asked to just go ahead and touch our toes. While the courts keep slashing the tiny right to privacy I have left, and corporate use of me as a commodity goes completely unchecked, I do – actually – have a right to get pissed off when they try to push just a little farther.

    So, instagram is a free app. We can argue all day about the benefits of a pay-to-play atmosphere, but I’m done with losers who argue that if something is given away “free,” we shouldn’t be surprised to find that there is actually a massive externality or a huge cost extracted down the line. So? There’s a difference between being surprised and being disgusted. I’m definitely entitled to the latter.

    And I sSOOOOOO love it when nonlawyers tell me how inoffensive that little term change is from instagram. Uh, no – actually, it’s pretty bad. And it’s a contract of adhesion, and since those of us who are bound by the clickwrap didn’t have a lawyer on that drafting team, raising hell after the terms are published is how we get them changed. Period. Grrr. Rant over.