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Links for 12-20-14

The Simple Analytics of Monetary Impotence (Wonkish) - Paul Krugman Karl Whelan: Teaching Economics After the Crash - Brad DeLong How a 2% Inflation Target Became Global Economic Gospel - NYTimes 5 Reasons for the Slow Recovery in Long-Term Unemployment...



Hollywood Journalist Nikki Finke Reportedly In Talks With Politico

Nikki Finke, founder and former editor-in-chief of Deadline, is said to be in talks with Politco about joining the site as a political columnist, The New York Times reported Friday, citing anonymous sources "familiar with the discussions."...



Young People Are Risky Investors — And It Isn't Paying Off

It's generally accepted that younger investors, who have more time to let their money ride out the market waves, have a higher tolerance for risk than their older counterparts. New data from investing app Openfolio found that investors under age 25...



Apple Condemns BBC Reports About Factory And Tin Supplier Conditions

Earlier this week, the BBC aired an hourlong documentary program on conditions for workers in factories assembling Apple products in China, and conditions in tin mines in Indonesia that supply Apple. Factory footage showed iPhone assemblers begging for...



The Use of Sampling Weights in Bayesian Hierarchical Models for Small Area Estimation

All this discussion of plagiarism is leaving a bad taste in my mouth (or, I guess I should say, a bad feeling in my fingers, given that I’m expressing all this on the keyboard) so I wanted to close off the workweek with something more...



George Clooney Tried To Get Hollywood To Support Sony

While some celebrities have been very vocal in their defense of Sony Pictures following a massive cyber attack that led to the cancelation of "The Interview," George Clooney says those voices are an exception. In an interview with Deadline.com,...



Why Aren't We Retaliating Right Now for the Sony Cyberattack?

On Wednesday, Sony cancelled the release of its latest mediocre Seth Rogen comedy, The Interview, in the face of terrorism threats from hackers who had been wreaking havoc on the...



American Apparel May Seriously Be Considering Buyout

Here is the news on the rumored buyout offer from the WSJ: SUZANNE KAPNER Updated Dec. 18, 2014 7:27 p.m. ET American Apparel Inc. has […] The post American Apparel May Seriously Be Considering Buyout appeared first on...



Kerry Tells European Envoys U.N. Action on Palestine Can Wait till Israeli Election

Secretary of State John Kerry has privately told European Union envoys that Washington will not permit the passage of any U.N. Security Council resolution on the Middle East peace process until after Israel’s March elections, according to three...



Why Germany's having a merrier Christmas

Christmas in Germany will be that little bit merrier this year as business and consumer confidence...



Samsung's ChatOn messaging service will be turned off early next year

Samsung’s ChatOn will soon be ChatOff. After initially denying that it was closing its instant messaging service, the company confirmed on Thursday that ChatOn will be shut down early next year. The plan is to close international versions...



FP’s Situation Report, presented by Lockheed Martin: U.S. is missing key allies in Islamic State fight; Putin remains defiant as Russian...

By David Francis and Sabine Muscat The United States is missing key allies in its fight against the Islamic State. Some 1,500 American troops are preparing to deploy to the Middle East to retrain Iraqi security forces to fight to the Islamic State next...



New York’s Bitcoin Regulation Proposal “BitLicense” Is Revised

If it is now accepted at dozens of major retailers and if New York State’s financial regulator is going to spend months figuring out the best way to regulate it, then it is fair to say that that Bitcoin is here to stay. The chief financial...



Wall Street Upbeat That Tesla Motors Inc. (TSLA) Will Be The Stock Of The Year In 2015

Tesla Motors Inc. (NASDAQ:TSLA) has been on the receiving end in the recent month losing value in the wake of oil prices plummeting to all-time lows, forcing CEO, Elon Musk, to lose more than $1 billion in holdings.  Contrary to opinion, Wall Street...



Movie world fears for freedom of speech as parody pulled...

Movie world fears for freedom of speech as parody pulled...(Top headline, 1st story, link)Related stories:LEAK: Jolie branded 'seriously out of her mind'...Studio Warned Not to Cast Denzel Washington Due to His Race...'INTERVIEW' Orgy...



Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign...

Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign funds that were in place prior to December 31,...



Fannie Mae Appeal Issues Presented to Appellate Court

Fannie Mae Appeal Issues Presented to Appellate Court by Todd Sullivan, ValuePlays Things are getting cranked up in the Appellate Court in the Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan...



Uber driver accused of rape after company promises better background checks

An Uber driver in Boston has been charged with raping his passenger — less than a day after the company promised it would "develop more ways ... to ensure the safety of riders." The driver, 46-year old Alejandro Done, was arraigned...



Why Would the Saudis Deliberately Crash the Oil Markets?

On January 2, 1977, the Shah of Iran made a painful admission about his country’s economy. “We’re broke,” he confided bluntly to his closest aide, court minister Asadollah Alam, in a private meeting. Alam predicted still more...



Facebook Privacy Policy In 2025: What Would It Look Like?

Just fifteen short years ago, if someone had publicly proclaimed that the U.S. government and various corporate interests were spying on the most private and intimate moments of U.S. civilian lives, they would have been considered a tin foil hat...



About Those Cost Push Inflation Fears...

Via Real Time Economics at the WSJ: No Sign Yet of Labor Cost Inflation in U.S. or U.K., by Paul Hannon: Despite falling unemployment rates, there are few signs that rising wages will soon start to push inflation higher in either the U.S. or the U.K.,...



Time to Take Back the Toilet: A New Freakonomics Radio Podcast

(Photo: Kevin Zamani) We’re not asking that using a public restroom be a pleasant experience, but are there ways to make it less miserable? That’s one of the questions we ask in our latest Freakonomics Radio episode, “Time...



Carrying On

Barry Ritholtz has a fine rant: Those of you who continue to insist you can even remotely forecast what might happen next continue to reveal incredibly foolish, thoroughly disproved beliefs, despite an overwhelming avalanche of evidence that you...



A Former Seattle Seahawk Will Lead 200 Merrill Lynch Reps In San Francisco

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  A Former Seattle Seahawk Will Head Merrill Lynch's San Francisco Complex (Think Advisor)  Former...



The problem, Gen. Dubik (2), is that we don’t understand what we are getting into

By John Haas Best Defense respondent Why doesn’t the United States win wars anymore? It’s an increasingly common question these days, for (what should be) obvious reasons. I’m currently writing a book on it, and the...



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U.S. GDP Registers Best Consecutive Quarters of Growth Since ’03

U.S. gross domestic product expanded at an average 4.25% pace over the second and third quarters this year, the best two consecutive quarters since 2003′s third and fourth quarters came in at 5.85%. The resurgent growth alongside steady labor...



Here's Why Ferguson Protesters Don't Accept the Michael Brown Decision

Protests have started in Ferguson, following the announcement that Officer Darren Wilson will not face charges in the August 9 shooting death of unarmed teenager Michael Brown. A...



New rules to require restaurants, stores, vending machines to post calorie content 'clearly and conspicuously'...

New rules to require restaurants, stores, vending machines to post calorie content 'clearly and conspicuously'...(Second column, 8th story, link)Related stories:FDA: What's covered... ...



Microsoft takes a bath on failed Nook partnership

After sinking $300 million into Barnes & Noble’s digital reading business, Microsoft is walking away with about $120 in cash and stock—and not much else.As the Wall Street Journal reports, the two companies have terminated a...



U.S. Added 321,000 Jobs for Best Pace Since 1999

U.S. employers ramped up hiring last month, continuing a stretch of robust payroll gains and keeping the economy on track to record its strongest year of job creation in 15...



Obama's Immigration Order: Lots of Sound and Fury, But Not Much Precedent

In the New Republic this weekend, Eric Posner warns that President Obama's recent executive action on immigration may come back to haunt liberals. Obama's order was perfectly legal, he says, but "it may modify political norms that control...



Magnum Hunter Resources Corp (MHR), Schlumberger Limited. (SLB) and iShares Barclays 20+ Yr. Treas Bond (ETF) (TLT): Top Picks Ahead Of OPEC Meeting

Oil has been on a declining trend over the past few months reaching lows of $80 a barrel with massive impact on oil stocks. OPEC members are meeting at the end of the month waiting to see what will be agreed upon as members try to prevent a further...



Federal Reserve Board releases first Semiannual Report on Banking Applications Activity

Federal Reserve Board releases first Semiannual Report on Banking Applications...



Merck increases antibiotic offering with $9.5bn Cubist deal

The American pharmaceutical giant has bought the antibiotics maker for $102 a...



Sony Pictures Hack: North Korea Denies Involvement

According to the latest reports, a North Korean diplomat based in New York has moved to deny allegations that his country was responsible for a cyber-attack on Sony Pictures. Huge amounts of information were lost from the company’s systems...



"The Newsroom" Tackles Climate Change

Unfortunately, I can not embed The Newsroom video in which Aaron Sorkin tackles climate change (episode 3, season 3). I suggest you watch it and then return here for the analysis. Here's the relevant part of the transcript. McAvoy (Jeff Daniels)...

Watch the Video > Post includes YouTube video


Keynes Is Slowly Winning

In the long run, wrong ideas are sort of...



Instagram beats Twitter with 300 million active users

Instagram, the photo and video-sharing platform owned by Facebook Inc (NASDAQ:FB) announced that it reached a major milestone–over 300 million monthly active users (MAUs).It is now bigger than Twitter Inc (NYSE:TWTR).   Instagram...



Is America’s Education Problem Really Just a Teacher Problem? A New Freakonomics Radio Podcast

(Photo: Ethan Pines) We’ve all heard the depressing numbers: when compared to kids from other rich countries, U.S. students aren’t doing very well, especially in math, even though we spend more money per student than most other...