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NYT Now
Previous Prison Escapes in Mexico
Joaquín Guzmán Loera’s escape from prison is the latest in a string of brazen escapes from Mexican penitentiaries over the years.Joaquín Guzmán Loera did not build the tunnel he escaped through.
Disposing of the spoil of tunneling is a major problem.
https://en.wikipedia.org/wiki/Oliver_Philpot#The_Wooden_Horse
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Sports
Wimbledon 2015: Novak Djokovic Beats Richard Gasquet to Reach Final
The top-ranked Djokovic defeated Gasquet, 7-6 (2), 6-4, 6-4, to advance to his fourth Wimbledon final. He will face Roger Federer or Andy Murray.
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| W: N. Eovaldi (9-2) L: W. Miley (8-8) | ||||||||||||||||||||||||||||||||||||||||||||||||
| NYY HR: B. McCann (14) R. Refsnyder (1) | ||||||||||||||||||||||||||||||||||||||||||||||||
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Opinion
Building Attention Span
Technology-driven losses in attention span are interfering with our ability to become deep and complex people.None have time to live without axioms.
Axioms deserve reconsideration as understanding deepens.
https://en.wikipedia.org/wiki/Axiom
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Opinion
A Bias More Than Skin Deep
Despite evidence that racial differences are gradually blurring, racial preferences are very much still with us.Yes.
The behavior has a price.
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U.S.
New Mexico: 6 Teenagers Held in Killing After Thefts
Police have arrested six teenage boys in connection with the murder of a man who was fatally shot in the driveway of his home, the authorities said.Sad.
The West is still wild.
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Opinion
Contraband and Prison Security in New York
The New York Initiative for Children of Incarcerated Parents and Assemblyman Daniel O’Donnell discuss the issue of contraband.Contraband can only be stopped at the source.
The guard's trade with the prisoners.
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Sports
Wimbledon 2015: Serena Williams and Garbiñe Muguruza Gain Final
Williams defeated Maria Sharapova, setting up a final against Muguruza, 21, of Spain, who beat Agnieszka Radwanska in three sets on Thursday.MLB Scoreboard
No Games Scheduled
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Sports
Wimbledon 2015: Garbiñe Muguruza Realizes a Dream, but Faces Nightmarish Odds
Muguruza has reached her first major final at Wimbledon, but her opponent will be Serena Williams who has a record of 20-4 in singles finals in the majors.Yes.
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Opinion
Black Lives and Books of the Dead
People didn’t simply wake up one day with a burning desire to live in the poorest, most violent parts of America’s cities.All lives matter.
Poverty makes community more difficult.
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World
Greek Debt Crisis Pits Greeks Against Germans
What happens when rules-bound Germany meets anything-goes Greece? A standoff, in this case.The German banks did not do their due diligence.
The German banks must pay for the bad debt.
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Opinion
A Makeover for the Mother of Parliaments
The crumbling condition of Westminster is all too symbolic of the state of British democracy.Let the improvisation continue.
The conservatives have failed to conserve.
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World
Weighing the Fallout of a Greek Exit From the Euro
If Athens is forced out of the single currency zone, some experts predict hyperinflation and riots, while others see surges in exports and tourists.Let the parliaments vote.
http://krugman.blogs.nytimes.com/2015/07/13/roach-motel-economics/
Roach Motel Economics
So we have
learned that the euro is a Roach Motel — once you go in, you can never
get out. And once inside you are at the mercy of those who can pull your
financing and crash your banking system unless you toe the line.
I and many others have
had a lot to say about the politics of this reality. But let me say a
word about the economic implications for the euro area as a whole —
which are basically that Europe has created a system that treats surplus
and deficit countries asymmetrically, even more than the classical gold
standard, and leads to a severe deflationary bias.
This is true both for
fiscal issues and for balance of payments issues. Debtors are forced
into draconian austerity, while creditors face no pressure to reflate;
economic crisis, which should be met with expansionary policy, instead
leads to contraction because of this asymmetry. Meanwhile, countries
that find themselves overvalued are forced to deflate in an effort to
regain competitiveness, while undervalued counties face no pressure to
help out with a higher inflation rate — so at times of major
misalignment, when moderate inflation can help, the overall effect is
declining inflation and maybe even deflation.
And we’re talking
about huge costs here. Look at the crude Phillips curve I estimated for
Greece a few days back, shown in the chart.
It suggests that it
takes about 4 point-years of output gap to reduce prices relative to
baseline by 1 percentage point. So suppose that you are 25 percent
overvalued, and get no help from higher inflation in the core. Then
“internal devaluation” requires sacrificing around 100 percent of a
year’s GDP. Let’s repeat that: given what we now know about the rules of
the game, countries as overvalued as much of the European periphery
became thanks to the lending boom are supposed to sacrifice a full
year’s economic output as part of a process of beating prices and wages
down.
Now more than ever, the euro looks like a terrible idea."
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Job Market
Mike Giannattasio of Montblanc North America: Finding Tranquility in an Urban Jungle
Mr. Giannattasio, the chief executive and president of Montblanc North America, says he collects pens because “the act of putting pen to paper conveys to recipients how important they are.”Life as an easy chair.
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N.Y. / Region
Brooklyn Libraries, Development and Misdirected Fear
Whenever the subject is development and the leveraging of a public asset is in question, the presumption for many is that no good can come from either.Keep the libraries independent of housing.
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Food
At the Handpulled Noodle, Mom Knows Best
In Harlem, the menu is mostly mix and match with a choice of noodles. The Xinjiang cuisine is inspired by the owner’s memories of his mother’s cooking.I will eat there when I can.
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Sports
Crash Forces Leader, Tony Martin, Out of Tour de France
For the second time in this year’s race, the holder of the leader’s yellow jersey was forced to abandon the race after being seriously injured in a crash.17
World
Chinese Officials to Restructure Beijing to Ease Strains on City Center
Beijing will undertake a major restructuring of the capital government as part of a broader plan to create a giant urban corridor in northern China, officials said Saturday.I cannot stop them.
Needing less government looks to be a better idea.
Federalism.
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U.S.
Courts Support Obama’s Contraceptive Policy, but Challenges Remain
The appeals court decisions involve a range of nonprofit religious organizations that are eligible for a dispensation from rules requiring employers to cover birth control for women.The rule should be that contraception is free to all those who wish to use it.
Futile wrangling should not prevent contraception.
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Books
‘Middle Passage’ at 25
Charles Johnson talks about his National Book Award-winning novel, in which a freed slave travels from New Orleans to Africa and back in the 1830s.John Williams should know the difference between a creditor and a debtor.
Debtors rarely pursue.
Archivists are a strange breed.
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Sports
Wimbledon 2015: Serena Williams Defeats Garbiñe Muguruza and Closes In on Grand Slam
Williams has won the first three major tournaments of 2015, and with a victory at the United States Open she would become the first woman since 1988 to win all four in a calendar year.All star break.
MLB Scoreboard
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