Enough for now.
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carolinacharlie
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Does IMF Stand for Impressive Macroeconomic Flexibility?
So the IMF is holding a meeting on rethinking macroeconomic policy (I was invited but couldn’t make the timing work.) And the Fund’s chief economist has already made it clear that he’s open to some serious revision of the prevailing paradigm.
http://krugman.blogs.nytimes.com/2012/03/21/fiscal-policy-and-growth-in-europe/
Fiscal Policy and Growth In Europe
http://www.nakedcapitalism.com/2012/03/links-32112.html
Wednesday, March 21, 2012
Links 3/21/12
More internet woes. I think the blog gods want me to stay chained to my desk in NewYork . Lambert was a good sport and pitched in.
Spring Arrives with Equinox Tuesday, Earliest in More Than a Century Scientific American
$1.5 billion: The cost of cutting London-Toyko latency by 60ms ExtremeTech. And guess who the big beneficiaries are? Algos.
Job seekers getting asked for Facebook passwords Associated Press (hat tip reader Martha R)
Generic Drugs Prove Resistant to Damage Suits New YorkTimes
EU defies carbon trade war threats Financial Times
How Much Longer Can Transaction Tax Be Delayed? Der Spiegel
IMF sees $160 oil risk despite Libyan boost Ambrose Evans-Pritchard, Telegraph
Conflict in Syria is a Civil War Real News Network
U.S. Exempts Japan, 10 EU Nations From Iran Oil Sanctions Bloomberg (hat tip Joe Costello)
Philippines says no to drone strikes Bangkok Post
US Lawmakers Reject Pakistani Calls to End Drone Strikes VOA
The Japan debt disaster and China’s (non)rebalancing Michael Pettis
A rumour concerning €1 trillion in German bad debt Golem XIV
Santorum’s blunt talk is proving troublesome Washington Post. You think?
Just $47B from Buffett rule tax on rich Associated Press. Over 11 years.
Masters of finance and war will fall together Bangkok Post (hat tip reader furzy mouse)
“Too Smart to Fail” Thomas Frank, The Baffler (hat tip reader Mark S)
Central banks and gold puzzles VoxEU. It basically says gold is a status symbol for central banks.
Mitt Romney declares victory in Illinois Chicago Tribune
Health Insurers: We’ll Deny Coverage for Pre-Existing Conditions if Health Mandate Is Repealed Truthout (hat tip reader 1 SK). There is more to this than meets the eye. First, insurers really want Obamacare, since it fattens their bottom lines by bringing more people into the pool and allowing them margins wider than they enjoy now. Second, Obamacare preserves the “fraud” out for coverage, which insurers use now to deny coverage for costly procedures, and “fraud” includes not telling the insurer about pre-existing conditions, even super trivial ones.
Sources of health system (in)efficiency, in one chart The Incidental Economist (hat tip reader 1 SK)
The Summers of Our Discontent Forget Larry (hat tip reader 1 SK)
JOBS Bill Vote Postponed in Senate New York Times
Fed may fine SunTrust, other banks over foreclosure issues AJC. Even if this takes place, it will be more regulatory theater.
Inequality Undermines Democracy New York Times
Transforming Occupy’s challenge into transformation and innovative self-organization – Random Communications from an Evolutionary Edge (MR).
Antidote du jour via twig:
http://www.wunderground.com/blog/JeffMasters/article.html
Published: 2:53 PM GMT on March 21, 2012Summer in March continued for the eighth day yesterday, toppling dozens of records for hottest March day in both the U.S. and Canada. Nearly every major airport in Michigan's Lower Peninsula tied or set records for their hottest March temperature, including Detroit (82°), Flint (84°F), Saginaw (83°F), Grand Rapids (83°), Muskegon (82°), Lansing (83°), Alpena (84°), Gaylord (80°), Pellston (84°), Traverse City (86°), and Houghton Lake (81°). Most of these records will be broken again today or tomorrow. Detroit's current string of six days over 70° is unprecedented so early in the year. One has to go back over 125 years to find an early-season warm spell that compares, and even that streak occurred in April, a full month later (April 16 - 24, 1886.)
Pellston, Michigan in the Northern Lower Peninsula is called "Michigan's Icebox", since it frequently records the coldest temperatures in the state, and in the entire nation. But the past four days, Pellston has topped out at 80° - 84°F, the first 80°F March days in their history. Yesterday's 84° reading broke the previous record for the date (55° in 1976 and 1948) by an unbelievable 29°, and was 44°F above average. Nearby Traverse City hit 86°F yesterday, which was 45°F above the average high for the date, and was the fourth consecutive day with a hottest March temperature on record.
Figure 1. Summer-like temperatures this March in the Midwest have heated up Lake Michigan to record warm levels for this time of year. The average temperature of the lake is characteristic of what occurs in June. Image credit: NOAA. Thanks to wunderground member Neapolitan for posting this image in my blog comments.
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RichD
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Portraits From the New York City Marriage Bureau
“Portraits From the New York City Marriage Bureau - http://nyti.ms/qawJm0”A nice photo essay.Gay Vows Repeal Fails in New Hampshire
By ABBY GOODNOUGH
The Republican-dominated legislature rejected the repeal bill 211-116, with some expressing discomfort about revoking a right already granted.
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jennifer_fiore
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IPads and iPhones Found to Track Locations
“Unencrypted tracking data on iPhones, iPads. Oh, Apple, et tu? http://nyti.ms/hhIfq5 via @nytimes”Turn them off. Use a pager or a very basic phone.
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Ralph Deeds
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Cold-Brewing Coffee and Tea - The Curious Cook
“Cold-Brewing Coffee and Tea - The Curious Cook - http://nyti.ms/r31ACg” Just attention.
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yourchitect
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Student Work at a Rhode Island School of Design Exhibition
“Future Giants of furniture design? Student Work at a Rhode Island School of Design Exhibition - http://nyti.ms/a0DJ85 #furniture #architects”
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Maidstone_Wines
I like wine. It will not rule my life.
This looks to be a good one. I still will not stock it.
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modarealty
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How to Avoid Roommate Regret - Getting Started
“How to Avoid Roommate Regret - Getting Started - http://nyti.ms/iB9m4Q”
Let us make an agreement. My response will be yes.I would like to know what I am agreeing to.
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Adrienne Carter
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Student Work at a Rhode Island School of Design Exhibition
“Future Giants of furniture design? Student Work at a Rhode Island School of Design Exhibition - http://nyti.ms/a0DJ85 #furniture #architects”
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maddenmoose
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Stand Up While You Read This!
“Stand Up While You Read This! - http://nyti.ms/c4LNYh”A business opportunity.
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girlfromPBO
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Sisters and Happiness: Understanding the Connection
“I know MY sisters make ME happier! - http://nyti.ms/bKE4pw”I will contact her when you contact me.
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overholt.brooks@gmail.com
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IPads and iPhones Found to Track Locations
“Unencrypted tracking data on iPhones, iPads. Oh, Apple, et tu? http://nyti.ms/hhIfq5 via @nytimes”I understand that the feature can be turned off."That's not a feature. That's a bug."Just turn the gadgets off. Use a GPS that is not a phone. I don't know if you can still buy a pager. It looks like you can.http://en.wikipedia.org/wiki/Pagers
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AaronMFlynn
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Portraits From the New York City Marriage Bureau
“Portraits From the New York City Marriage Bureau - http://nyti.ms/qawJm0”A very nice photo-essay.Soon there will be the occasion to do another in California.The legal machinery is grinding on.
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Vasile Stoica
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Cold-Brewing Coffee and Tea - The Curious Cook
“Cold-Brewing Coffee and Tea - The Curious Cook - http://nyti.ms/r31ACg”This just takes attention.
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rdeneufville
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California Bill Would Require Teaching of Gay History
“California Bill Would Require Teaching of Gay History - http://nyti.ms/e3GrAp”It is a continuing theme. I do not see it as a course.Let the doctoral students work on it for a decade or two.We need to organize the scholarship before it gets into the curriculum.
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Chris M. Ryan
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Cisco Shuts Down Flip, Its Video Camera Unit
“FLIP RIP. Still a nice little camera! Cisco Shuts Down Flip, Its Video Camera Unit - http://nyti.ms/fZF6Zq”I wonder who paid?Only a massive payoff by a would be competitor makes sense to me.
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dwaynekilbourne
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Cadel Evans Becomes First Australian to Win Tour de France
“Cadel Evans Becomes First Australian to Win Tour de France - http://nyti.ms/p9D2SM”
Why not?
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