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Links for 04-25-15

Labor Force Participation - Max Sawicky Do EITC-type policies work? - Lane Kenworthy Female executives and gender wage gaps - Vox EU The Power of Communication - A Fine Theorem All Institutions, All the Time? - Growth Economics Nonlinearity, Multiple...



The First Doughnut in Space is a Beautiful Thing

Screenshot from YouTube user Stratolys The first doughnut in space, a classic pink-sprinkled Homer Simpson special, soared majestically above this swiftly tilting blue...



Salesforce CEO Promises Women Staff Will Get Equal Pay As Men

Salesforce.com CEO Marc Benioff promised to review employees’ wages to ensure that women and men are paid equally within the company. In an interview with Emily Peck of Huffington Post, Benioff emphasized that part of his responsibility is to make...



Boehner Opens Door to Subpoena of Clinton's E-mail Server...

Boehner Opens Door to Subpoena of Clinton's E-mail Server...(Third column, 14th story, link)Related stories:Clinton Foundation filings INCOMPLETE, LATE, and RIDDLED WITH IMPROPRIETIES...Cash flowed as Russia pressed for control of uranium...



Greek Finance Minister: It's not complicated – we just have to convince our creditors we're right, and they have to realize...

Yanis Varoufakis, the finance minister of Greece, is back to blogging. He posted on Project Syndicate Thursday, laying out his government's position and attempting to explain why there still hasn't been an agreement between Greece and its...



Comcast Is Said to End $45 Billion Bid for Time Warner Cable

The merger would have united the country’s two largest cable operators and reshaped the country’s video and broadband...



Puerto Rico Has Three Months’ Worth Of Cash

Puerto Rico will run out of money in three months and its government be forced to shut down unless it manages to pass tax reform measures and finalize a budget, wrote Puerto Rico Government Development Bank head David Chafey Jr in a letter to the heads...



Cash flowed as Russia pressed for control of uranium company...

Cash flowed as Russia pressed for control of uranium company...(Third column, 10th story, link)Related stories:Clinton Foundation filings INCOMPLETE, LATE, and RIDDLED WITH IMPROPRIETIES...State Dept Docs Reveal Concern about Clinton Activities with...



Houston Housing Market Has Very Strong Sales In March

Houston Housing Market Has Very Strong Sales In March by Todd Sullivan, ValuePlays Supply, supply, supply. Right now it stands at 2.8mos, well below the 4.6mos national average.  As long as it stays this low, pressure on pricing will remain upward....



FINANCIAL ADVISOR INSIGHTS: The author of 'This Time is Different' now thinks this time is NOT different

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Rogoff argues against secular stagnation (Think Advisor) In 2009, Harvard economist Kenneth Rogoff teamed up...



Secular Stagnation in the US

The disappointing post-Crisis performance of the US economy and even more disappointing performance of continental Europe and Japan have revived interest in the possibility of secular stagnation. This column argues that a consensus is forming that...



Executing Trader Sarao

Craig Pirrong, Streetwise prof and futures trading expert, delves into the case of the Hounslow Spoofer, and like us, smells a rat. For one thing, notes Pirrong, the official complaint doesn’t offer much in the way of detail on the execution...



'Airbrushing Austerity'

Paul Krugman: Airbrushing Austerity: Ken Rogoff weighs in on the secular stagnation debate, arguing basically that it’s Minsky, not Hansen — that we’re suffering from a painful but temporary era of deleveraging, and that normal policy...



Here’s How Managers Can Be Replaced by Software

Fortune 500 executives spend a fair amount of time thinking about how automation and the Internet are changing the nature of employment, but they rarely wonder how technology will have an impact much closer to home: on their own jobs. For the last...



EBRI: Retiree Confidence Nearly Doubled Since Recession

The confidence of retirees in their financial future has nearly doubled since the recession, the Employee Benefits Research Institute said Tuesday in its comprehensive 25th annual retirement confidence survey. Close to two out of five retirees say...



Consensus Science

The invaluable Carpe Diem blog has a compendium of 18 forecasts of doom that were made on or around the first Earth Day in 1970 -- all of which turned out wrong.   Here is an example: 8. Peter Gunter, a North Texas State University professor, wrote...



Americans’ Views on Open Government Data

Many hope that more transparency and data sharing will help journalists, make officials more accountable and improve decisions. But very few think agencies are doing a great job of providing useful...



10 Tuesday AM Reads

Markets were in rally mode yesterday, recovering almost all of the downside from Friday’s bloodletting. Futures look like they might make that happen today. Oh, and morning train reads: • The Bull Market in Stocks Is Alive and Well...



Abe Says U.S., Japan Near Trade Deal

The U.S. and Japan are near a bilateral agreement on a major trans-Pacific trade deal, Shinzo Abe told The Wall Street...



What, Exactly, Do You Want?

Having freedom of choice is often a good thing. But in many cases, choosing not to choose may be the best choice of...



Kevin Drum Claims "We" Haven't Learned Anything from Deepwater Horizon. What you mean, "we," Kemo...

Kevin Drum claims that "we" haven't learned anything from the Deepwater Horizon disaster (the BP oil rig that exploded five years ago in the Gulf, killing a number of people and creating a large oil spill). What is his evidence?  Has...



Who Subsidizes Restaurant Workers Pitiful Wages? You Do.

For Americans who like to eat out occasionally, the full-service restaurant industry is full of relatively affordable options—think Olive Garden, Applebees, or Chili's. But these spots aren't exactly a bargain once a hefty hidden...



'Will not even be permitted to inspect most normal military site'...

'Will not even be permitted to inspect most normal military site'...(Third column, 18th story, link)Related stories:Iran marks Army Day with cries of 'Death to Israel, USA'...Guard rejects inspection of military sites under any nuke...



Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback

Jon Corzine is thinking about making a comeback.  According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt in 2011, is considering a...



What does Robin Hanson think is the most likely “Great Filter”?

Here is a long and excellent post, whereby Robin outs himself as a strange kind of environmentalist.  Do need the whole thing, but here is one summary excerpt: So, bottom line, the future great filter scenario that most concerns me is one where our...



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Cash flowed as Russia pressed for control of uranium company...

Cash flowed as Russia pressed for control of uranium company...(Third column, 10th story, link)Related stories:Clinton Foundation filings INCOMPLETE, LATE, and RIDDLED WITH IMPROPRIETIES...State Dept Docs Reveal Concern about Clinton Activities with...



Secular Stagnation in the US

The disappointing post-Crisis performance of the US economy and even more disappointing performance of continental Europe and Japan have revived interest in the possibility of secular stagnation. This column argues that a consensus is forming that...



Americans’ Views on Open Government Data

Many hope that more transparency and data sharing will help journalists, make officials more accountable and improve decisions. But very few think agencies are doing a great job of providing useful...



Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback

Jon Corzine is thinking about making a comeback.  According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt in 2011, is considering a...



Abe Says U.S., Japan Near Trade Deal

The U.S. and Japan are near a bilateral agreement on a major trans-Pacific trade deal, Shinzo Abe told The Wall Street...



'Will not even be permitted to inspect most normal military site'...

'Will not even be permitted to inspect most normal military site'...(Third column, 18th story, link)Related stories:Iran marks Army Day with cries of 'Death to Israel, USA'...Guard rejects inspection of military sites under any nuke...



The Neighborhood Wal-Mart, A Blessing Or A Curse?

Wal-Mart is America's largest retailer and sets trends for the country's economy. If Wal-Mart were a country, it would be the world's 26th largest economy. It employs more than 2 million workers.» E-Mail...



Links for 04-25-15

Labor Force Participation - Max Sawicky Do EITC-type policies work? - Lane Kenworthy Female executives and gender wage gaps - Vox EU The Power of Communication - A Fine Theorem All Institutions, All the Time? - Growth Economics Nonlinearity, Multiple...



Greece Presents Plan for Revising Its Bailout

Greece handed over a more detailed plan for revising its bailout program to the eurozone and the International Monetary Fund, its latest bid to unlock bailout lending while rewriting the program as promised by the country’s antiausterity...



Houston Housing Market Has Very Strong Sales In March

Houston Housing Market Has Very Strong Sales In March by Todd Sullivan, ValuePlays Supply, supply, supply. Right now it stands at 2.8mos, well below the 4.6mos national average.  As long as it stays this low, pressure on pricing will remain upward....



Kevin Drum Claims "We" Haven't Learned Anything from Deepwater Horizon. What you mean, "we," Kemo...

Kevin Drum claims that "we" haven't learned anything from the Deepwater Horizon disaster (the BP oil rig that exploded five years ago in the Gulf, killing a number of people and creating a large oil spill). What is his evidence?  Has...



How Teens Use Social Media & Technology

Smartphones are fueling a shift in the communication landscape for teens. Nearly three-quarters of teens now use smartphones and 92% of teens report going online daily — including 24% who say they go online “almost...



John Updike vs. George Carlin (2); Hobbes and Dick advance

Yesterday‘s winners were determined by Zbicylist’s comment: Nasty, brutish and short — and not necessarily human. Pretty good, but now that Hobbes has made it into the Final Four, the competition’s stiffer. ...



Boehner Opens Door to Subpoena of Clinton's E-mail Server...

Boehner Opens Door to Subpoena of Clinton's E-mail Server...(Third column, 14th story, link)Related stories:Clinton Foundation filings INCOMPLETE, LATE, and RIDDLED WITH IMPROPRIETIES...Cash flowed as Russia pressed for control of uranium...



What, Exactly, Do You Want?

Having freedom of choice is often a good thing. But in many cases, choosing not to choose may be the best choice of...



What does Robin Hanson think is the most likely “Great Filter”?

Here is a long and excellent post, whereby Robin outs himself as a strange kind of environmentalist.  Do need the whole thing, but here is one summary excerpt: So, bottom line, the future great filter scenario that most concerns me is one where our...



Here’s How Managers Can Be Replaced by Software

Fortune 500 executives spend a fair amount of time thinking about how automation and the Internet are changing the nature of employment, but they rarely wonder how technology will have an impact much closer to home: on their own jobs. For the last...



Comcast Is Said to End $45 Billion Bid for Time Warner Cable

The merger would have united the country’s two largest cable operators and reshaped the country’s video and broadband...



FINANCIAL ADVISOR INSIGHTS: The author of 'This Time is Different' now thinks this time is NOT different

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Rogoff argues against secular stagnation (Think Advisor) In 2009, Harvard economist Kenneth Rogoff teamed up...



The First Doughnut in Space is a Beautiful Thing

Screenshot from YouTube user Stratolys The first doughnut in space, a classic pink-sprinkled Homer Simpson special, soared majestically above this swiftly tilting blue...