My afternoon train reading:

• How Not to Be Misled by Tomorrow’s Jobs Report (NY Times)
• There Is No Rebalancing Debate (Morningstar)
• The High-Stakes Fight Over How to Measure CEO Pay (Fiscal Times)
• How Elon Musk Gets Others—Even Competitors—to Fund His Businesses (Slate)
• The flimflam defense of mainstream economics (Thomas Palley)
• ‘Get Over It’: Climate Change Is Happening (Bloomberg)
• Ten handy phrases for bluffing on Thomas Piketty’s ‘Capital in the Twenty-First Century’ (Spectator)
Too soon? A Eulogy for Twitter (The Atlantic)
• Colorado Symphony links up with pot industry (AP News)
• The 100 Rules for Being an Entrepreneur (Altucher Confidential)

What are you reading?


Asset Performance Review, Total Return YTD 2014

Source: FT Alphaville

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.

5 Responses to “10 Thursday PM Reads”

  1. RW says:

    Sorry conservatives — America’s mobility problem is real

    When liberals complain about the 35-year rise in income inequality, conservatives sometimes answer that unequal outcomes are the price America has to pay for bounteous economic opportunity. That argument has gotten harder to make in recent years, as it turns out the U.S. lags most comparable nations—including France, Germany, and even Canada – when it comes to social mobility. …

    So, does the U.S. have lots of social mobility, or very little? Alas, the conservative revisionists have it wrong. Social mobility in the U.S. is stagnant, and has been for some time.

  2. farmera1 says:
    “The end of April has arrived, and with it, the record for the first month in human history with an average carbon dioxide level in Earth’s atmosphere above 400 parts per million has been set.”

    I wonder how far Conservatives will go to deny the obvious. Talk about tying yourself in knots to deny what to any rational person is obvious. It has to be hard these days. One Conservative friend recently relented to the point of saying we’re going to find out if it is real. I responded that he may find out but your grand kids are going to pay the price.

    • cjb says:

      I wish the article would’ve gone into the point that this is co2 isotope 13, which comes from burning fossil fuels, unlike isotope 12 which comes from plants and animals breathing. 12 is beneficial to life, 13 is detrimental to life.
      or did I miss that?

  3. RW says:

    Bill Clinton Gave Us a Hugely Over-Valued Dollar and an Exploding Trade Deficit

    Incredibly, the NYT article on Bill Clinton’s economic legacy left out the most important facts.

    NB: Rubinomics gave us strong growth at the cost of manufacturing jobs and a living wage, a trend that Dubya and his cronies goosed with deregulation and the promotion of looting. Obama had an opportunity, brief but real I believe, of not only countering the secular stagnation rushing through the train tunnel from four decades of plutocratically biased economic policy but of countering the causal narrative that essentially blamed the victims, the citizens of America, for the consequences of that policy …except …Obama chose the acolytes of Bob Rubin for his economic team.

    Never believe that what appear to be relatively obvious or small choices necessarily have obvious or small consequences: 99% of the time it could be so but that 1% can gut you or, worse yet, betray the hope of people who believed you would lead them well.

  4. Jojo says:

    How Not to Be Misled by Tomorrow’s Jobs Report (NY Times)
    Why not switch to reporting a 3 month MA? Would this not be a valid solution?