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Links for 05-24-15

A Conversation About Inequality and Atkinson - Paul Krugman A Brief But Affectionate Review - Roger Farmer Did the iPhone kill BlackBerry? - Digitopoly The Vicious Cycle of High Inequality - NYTimes.com Draft Preface: Economics in Two Lessons - Crooked...



Thomas Friedman Warns of Dire Disruptions to the Economy, Again

Thomas Friedman, the man who told us the world is flat and told us about "hyperconnectivity," is again raising the alarm about economic disruptions ahead. He tells readers about a new study which finds that 47 percent of the jobs in the United...



Links for 05-23-15

Hypocritical Sloth - Paul Krugman It’s not nice to fool your colleagues - Paul Romer Federal Reserve ?????????? - Brad DeLong The Outlook for the Economy - Janet Yellen Four Ways in Which the World Has Surprised Me - Brad DeLong Does David...



ART CASHIN: The market could face a big test at 1PM (SPY, SPX, QQQ, DIA)

At 1:00 p.m. ET on Friday, Federal Reserve chair Janet Yellen will speak on the US economy.  And this could be a big test for the market.  In his morning note on Friday, UBS' Art Cashin said Yellen could use this speech as a way...



Microsoft, CRM talks fizzled: Sources

Microsoft held talks about taking over Salesforce.com, but negotiations fell through over price differences, sources...



Yellen: Expect Rate Hike in 2015, Several Years before Fed Funds Rate "back to normal" level

From Fed Chair Janet Yellen: The Outlook for the Economy [I]f the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of...



Lehman Brothers Sues Three Financial Firms Over Soured Mortgage Loans

Lehman Brothers Holdings filed a complaint against three financial institutions in connection with the bundles of soured mortgage loans and argued that the claims worth hundreds of millions of dollars were “grossly exaggerated and...



What America Can Learn From China’s Infrastructure

What America Can Learn From China’s Infrastructure by Frank Holmes As one of the greatest nations on the planet, the United States excels in a number of areas, innovation and entrepreneurship foremost among them. But something you might be...



How I got burned on Netflix: Trader

Thunderstruck by its massive valuation, one trader tried to short the high-flying stock. You will believe what happened...



Does Color Even Exist?

Color perception is an ancient and active philosophical problem. It’s an instance of the wider category of sensory perception, but since the color spectrum fits on a single line (unlike, say, touch and taste), it has always been of particular...



Warren Buffett Pushes For EITC Overhaul In WSJ Op-Ed

Warren Buffett used a recent piece in the Wall Street Journal to propose a solution to the increasing wealth gap in the United States. First of all Warren Buffett explains how the American Dream has turned into the American Nightmare for...



CBS tosses set in dumpster...

CBS tosses set in dumpster...(Second column, 12th story, link)Related stories:LETTERMAN SIGNS OFF...NYPOST: 15 years too late...Nearly 14 millions viewers tune in... ...



WARNING: Messages from ‘Facebook Recovery’ Are Scams

Facebook users: If you receive messages from an account titled "Facebook recovery," report them at once and do not follow the directions. They are part of a scam. Jovi Umawing of Malwarebytes Labs provided details in a blog post,...



Links for 05-22-15

Tariffs Versus Currencies - Paul Krugman Musings on Macroeconomic Policy and "The Right" - Brad DeLong Why the US economy can’t shake Great Recession - Daniel Alpert What would it take to limit climate change to 1.5°C? -...



Warrant issued for DC murder suspect based on DNA found on Pizza Crust...

Warrant issued for DC murder suspect based on DNA found on Pizza Crust...(Second column, 13th story, link)Related stories:RECORDS: Threatened own family...Believed fled to Brooklyn... ...



Fischer, Past, Present, and Future Challenges for the Euro Area

Speech at the ECB Forum on Central Banking conference "Inflation and Unemployment in Europe", Sintra,...



McDonald's could go to $120: Strategist

Matrix Asset Advisors is increasing its stake in McDonald's on the expectation CEO Steve Easterbrook's turnaround plan will...



Negative Views of New Congress Cross Party Lines

The new Republican-led Congress is drawing harsh reviews from the public. Just 23% of Americans say congressional Republicans are keeping the promises they made during last fall’s...



Family Support in Graying Societies

America is turning gray, with the share of people ages 65 and older expected to rise more than 50% by 2050 – a trend that may burden more families. But Germany and Italy are already there, with a fifth of their population in that age...



Links for 05-21-15

How to better teach econometrics - Vox EU I'm With Stupid - Paul Krugman John Stuart Mill's Birthday: Conformity and Individualism - Tim Taylor Sovereign rating changes: Understanding the asymmetries - Vox EU What's Wrong With...



BEA sees issue with GDP data

The government agency charged with calculating the U.S.'s growth rate is acknowledging problems and pledging a series of...



'Conservatives and Keynes'

This, from Paul Krugman, is sort of a setup for the post below this one: Conservatives and Keynes: ...the debate over business-cycle economics has always been a left-right thing. Specifically, the right has always been deeply hostile to the notion that...



Large Banks Plead Guilty To Felony Crimes, Senator Elizabeth Warren Reacts

In a plea deal with the U.S. Justice Department, five of the largest mega banks have agreed to plead guilty to currency manipulation and rigging interest rates. These are serious crimes of a felony nature, however, not a single banking executive will see...

Watch the Video > Post includes YouTube video


INFOGRAPHICS: Facebook Pages’ Organic Reach Survives Changes

How were Facebook pages’ like counts and organic reach affected by the social network’s recent changes? Social media marketing firm Komfo studied more than 3,500 pages between March 10 and April 10. Facebook began removing...



Uber clashes with London mayor over cap on minicab numbers

While the city's black cab drivers wait for the High Court to decide whether Uber's operation in London is legal, they may soon be given a helping by mayor Boris Johnson. The Financial Times reports that the recently-elected MP has backed...



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Large Banks Plead Guilty To Felony Crimes, Senator Elizabeth Warren Reacts

In a plea deal with the U.S. Justice Department, five of the largest mega banks have agreed to plead guilty to currency manipulation and rigging interest rates. These are serious crimes of a felony nature, however, not a single banking executive will see...

Watch the Video > Post includes YouTube video


Links for 05-24-15

A Conversation About Inequality and Atkinson - Paul Krugman A Brief But Affectionate Review - Roger Farmer Did the iPhone kill BlackBerry? - Digitopoly The Vicious Cycle of High Inequality - NYTimes.com Draft Preface: Economics in Two Lessons - Crooked...



Thomas Friedman Warns of Dire Disruptions to the Economy, Again

Thomas Friedman, the man who told us the world is flat and told us about "hyperconnectivity," is again raising the alarm about economic disruptions ahead. He tells readers about a new study which finds that 47 percent of the jobs in the United...



ART CASHIN: The market could face a big test at 1PM (SPY, SPX, QQQ, DIA)

At 1:00 p.m. ET on Friday, Federal Reserve chair Janet Yellen will speak on the US economy.  And this could be a big test for the market.  In his morning note on Friday, UBS' Art Cashin said Yellen could use this speech as a way...



Hedgie: This biotech is worth $0

The hedge fund manager who has already made a killing betting against MannKind now says the stock will soon be worth...



Facebook Inc Tests Feature To Prioritize Selected Friends

Facebook is testing a new feature that will show selected friends’ updates on the user’s page on a priority basis. The feature, which is in the testing phase on mobile, allows a user to select the friends and pages that should be...



Verizon Buys AOL In $4.4 Billion Deal

AOL, Inc., is being acquired by Verizon Communications in a $4.4 billion cash deal. AOL has recently transformed itself into a digital marketing company with some impressive technology.» E-Mail...



What I Missed (Personal and Meta)

Lessons from one's own forgotten...



When "Holocaust" Became "The Holocaust"

In the course of reporting "A Liberator, But Never Free," about the recent discovery of the late Dr. David Wilsey’s letters home from the liberation of the Dachau concentration camp, one intriguing semantic anomaly...



Lehman Brothers Sues Three Financial Firms Over Soured Mortgage Loans

Lehman Brothers Holdings filed a complaint against three financial institutions in connection with the bundles of soured mortgage loans and argued that the claims worth hundreds of millions of dollars were “grossly exaggerated and...



Retail Sales unchanged in April

On a monthly basis, retail sales were unchanged from March to April (seasonally adjusted), and sales were up 0.9% from April 2014.From the Census Bureau report:The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services...



WASHPOST: Bet on big money and peaking late...

WASHPOST: Bet on big money and peaking late...(Second column, 15th story, link)Related stories:POLL: IOWA HATES JEB... ...



Uber clashes with London mayor over cap on minicab numbers

While the city's black cab drivers wait for the High Court to decide whether Uber's operation in London is legal, they may soon be given a helping by mayor Boris Johnson. The Financial Times reports that the recently-elected MP has backed...



CBS tosses set in dumpster...

CBS tosses set in dumpster...(Second column, 12th story, link)Related stories:LETTERMAN SIGNS OFF...NYPOST: 15 years too late...Nearly 14 millions viewers tune in... ...



Baltimore’s Fire

BALTIMORE, Maryland—On Monday night, there were riots in Baltimore, but it’s hard to say Baltimore was rioting. This wasn’t 1968, when fires touched huge swaths of the city and thousands left their homes. Instead, in a few areas around...



UPDATE: APPLE admits tattoos cause problems with watch...

UPDATE: APPLE admits tattoos cause problems with watch...(Third column, 9th story, link) ...



Lumber Liquidators Suspends Sales of Laminate Flooring from China

The retailer is struggling with the fallout from a “60 Minutes” report that said some flooring from China had unsafe levels of...



Links for 05-23-15

Hypocritical Sloth - Paul Krugman It’s not nice to fool your colleagues - Paul Romer Federal Reserve ?????????? - Brad DeLong The Outlook for the Economy - Janet Yellen Four Ways in Which the World Has Surprised Me - Brad DeLong Does David...



America’s Changing Religious Landscape

The Christian share of the U.S. population is declining, while the share of Americans who do not identify with any organized religion is growing. These changes affect all regions in the country and many demographic...



Warrant issued for DC murder suspect based on DNA found on Pizza Crust...

Warrant issued for DC murder suspect based on DNA found on Pizza Crust...(Second column, 13th story, link)Related stories:RECORDS: Threatened own family...Believed fled to Brooklyn... ...