Happy weekend! Settle into your favorite easy chair, pour yourself some coffee, and enJoy our long form reads:

• When She Talks, Banks Shudder (NY Times)
• Inside YouTube’s Fame Factory (Fast Company) see also YouTube Stars More Popular Than Mainstream Celebs Among U.S. Teens (Variety)
• Potato Salad: By the Numbers (Kickstarter)
• When data becomes dangerous: Why Elon Musk is right and wrong about AI (GigaOm)
• Israel, Gaza, War & Data (Medium)
• Stop predicting the future. Leave that to the robot who’s going to steal your job. (The Guardian) see also AI, Robotics, and the Future of Jobs (Pew Research)
• You’re 16.  You’re a Pedophile.  You Don’t Want to Hurt Anybody. What Do You Do Now? (Medium)
• What happened to the art of an overhand curveball? (Sports On Earth)
• The Beatles at Candlestick in 1966: An oral history from the fans (SF Gate)
• Playboy Interview: George Carlin (Longform)

What’s up for the weekend?


Banks, Financial Firms Load Up On Cheap Debt

Source: WSJ


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.

10 Responses to “10 Weekend Reads”

  1. tigerlilac says:

    Barry, you are on a roll. The Playboy interview of Carlin, the roast of Richard Pryor, the pieces on climate change deniers — I started reading you due to your insights into finance and the market but what I love most about your blog is the cultural awareness.

  2. Singmaster says:

    It s car week in Monterey County. Love hate for residents. Love for this one.

  3. RW says:

    Secular stagnation: Facts, causes, and cures – a new Vox eBook

    Six years after the Crisis and the recovery is still anaemic despite years of zero interest rates. Is ‘secular stagnation’ to blame? This column introduces an eBook that gathers the views of leading economists including Summers, Krugman, Gordon, Blanchard, Koo, Eichengreen, Caballero, Glaeser, and a dozen others. It is too early to tell whether secular stagnation is really secular, but if it is, current policy tools will be obsolete. Policymakers should start thinking about potential solutions.

  4. hue says:

    The War Nerd: Like it or not, what’s happening in Iraq right now is part of a rational process (Pando Daily)

    Press Play: Making and distributing content in the present future we are living through. (Medium 13)

    Prairie Fire: The life and death of a prodigy. (The New Yorker) Robin Williams was tragic, but he wasn’t in his prime or younger.

    • willid3 says:

      that would be a new thing, policy makers wanting to solve it? seems like politicians are more likely to want to solve it with their favorite hammer. since every thing to thing seems to always look like a nail

  5. Jojo says:

    Russians Start Paying the Price for Putin’s Ukraine Adventure
    Simon Shuster @shustry Aug. 14, 2014

    How much are ordinary Russians willing to sacrifice for their leader’s imperial ambitions?

    For most Russians, indeed nearly all of them, the crisis in Ukraine has had a distant, almost virtual quality. It has been something they watched on TV, or debated in their kitchens, rooting for the pro-Russian rebel militias and cursing the Ukrainian government as though the war between them was hardly more than a gruesome sporting match. The emotions were visceral, but the suffering wasn’t personal. Only in the past few weeks has the crisis begun to hit home.


  6. Jojo says:

    Written By: Peter Diamandis
    Posted: 08/11/14
    Top 10 Reasons Drones Are Disruptive

    If you think today’s drones are interesting, you ain’t seen nothing yet.

    Drones are in their deceptive phase, about to go disruptive. Check out where they’re going…


    • tigerlilac says:

      I moved my daughter into a 7th floor apartment in Norfolk, VA earlier this month so she could attend the medical school there. I was out on the deck late at night and a drone flew across the canal in the Ghent section of the city and hovered in the air at eye level about 100 yards from where I stood. It was an Orwellian experience. The city does have flooding and it may be that it was monitoring the breach of the canal walls. That said, you don’t expect something or someone to be looking into your 7th floor window with no other towers around.

  7. rd says:

    I found it amusing to read the frustration that a fracking company executive has with people exerting their democratic rights at the town level. I think he completely misses the point of the people banning fracking locally.


    Mr. Faulkner freely admits that some companies do bad things when they are fracking. But since his company does it properly, then there shouldn’t be bans. However, his op-ed never discusses the real reason why local communities are banning fracking. Oil and gas drilling is regulated at the state and federal level. Clearly the residents behind banning the activity in their town don’t believe the state and federal regulations are adequate for their community.

    Communities don’t have the legal ability to regulate how the actual activity is conducted. Instead, the only real tool in their arsenal is the ability to regulate land use. However, regulating land use for things like fracking is essentially an on-off switch. You can either allow the activity or not allow it. You can’t regulate how the activity will be conducted through zoning ordinances. That is handled at the state level. The local towns also can’t ban one company from doing it while allowing another. The other alternative for the residents would be to sue the companies who have harmed them, which would require lots of money and time, as well as requiring being on the receiving end of the harm in the first place. I can certainly see why the residents prefer to just avoid the potential problems altogether.

    So instead of chastising the locals for taking matters into their own hands by banning the fracking using land use ordinances, Mr. Faulkner should be lobbying the Texas state legislature and regulators to put some real teeth into the regulations so that the “few irresponsible companies” don’t poison the well for the responsible companies. The local bans would probably be lifted if the local residents actually believed that the activities would be conducted properly and the regulators would bring the hammer down on miscreants. Good luck making that happen in Texas.