10 Weekend Reads

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

Mauldin: Bubbles, Bubbles Everywhere

Bubbles, Bubbles Everywhere By John Mauldin August 15, 2014     Easy Money Will Lead to Bubbles Excess Liquidity Creating Bubbles Humans Never Learn Anatomy of Bubbles and Crashes A Few Good Central Bankers Jack Rivkin at His Best Dallas, San Antonio, and Washington DC     The difference between genius and stupidity is that…Read More

Category: Books, Sentiment, Think Tank

Succinct Summations of Week’s Events 8.15.14

Succinct Summations Week Ending August 15th Positives: 1. The S&P 500 gained 1.4% on the week and is just 1.5% off the all-time highs. 2. NFIB small business optimism rose to 95.7, up from95 previously. 3. U.K. unemployment fell to 6.4%, the lowest level since ’08. 4. Consumer confidence in Japan rose to an 8-month…Read More

Category: Markets

Modern Economic History of the United States

Source: Know More

Category: Economy

10 Friday AM Reads

It’s Friday! Wrap up your workweek with our expertly curated morning reads (continues here): • Even Wall Street’s ‘worriers’ are acting like bulls (Marketwatch) • The leverage clock tolls for thee (FT Alphaville) • Europe’s Greater Depression is worse than the 1930s (WonkBlog) see also the rest of us should learn from Europe’s experience (NYT) •…Read More

Category: Financial Press

Flashback: Dark Days On Wall Street . . .

On this date 32 years ago, the New York Times included the following paragraph in an article titled, “Dark Days On Wall Street.” In the past two weeks, all the market averages have plunged to new lows as Wall Street, beset by cruel economic news from all sides, has time after time been unable to…Read More

Category: Markets

Help Wanted: Humans Need Not Apply


Hat tip econ Future

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Category: Employment, Technology, Video

Porsche Museum & Its Secret Prototype Warehouse

Join CAR magazine on a tour inside Porsche’s secret prototype warehouse in Germany. It’s a treasure trove of secret prototypes, weird mules and mutated Porsche testbeds.

Category: Weekend

Why Didn’t Inflation Collapse in the Great Recession?

Why Didn’t Inflation Collapse in the Great Recession? Marco Del Negro, Marc Giannoni, Raiden Hasegawa, and Frank Schorfheide Liberty Street Economics     GDP contracted 4 percent from 2008:Q2 to 2009:Q2, and the unemployment rate peaked at 10 percent in October 2010. Traditional backward-looking Phillips curve models of inflation, which relate inflation to measures of “slack” in activity…Read More

Category: Federal Reserve, Inflation, Think Tank

The Science of Climate Change

Sen. Sheldon Whitehouse (D-RI) rips into Sen. Jim Inhofe (R-OK) for blocking a resolution that would have acknowledged the reality of climate change

Deniers are “Ignorant, out of touch, crazy”

Published on Jul 29, 2014

Ain’t no cure for stupid.

Category: UnScience, Video