Sunday, December 18, 2016

My Favorite Ten Podcasts (with Yves on “This is Hell,” Talking about “Fake News”)

This year I “discovered” podcasts….

Links 12/18/16

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CNN Host’s Attempt to Explain the U.S. Economy Was So Bad I Started Yelling at the TV

Offshoring is about the rush to cheap labor, not about automation and new technology.

Links 12/17/16

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Uber, Gig Economy: “The Brutality of the System Is Being Lost on Those Who Actually Use These Apps”

The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.

The Econocracy: An Interview with Cahal Mora

The new book Econocracy describes how economics training discourages critical thinking, overreaches, overpromises, and underdelivers.

2:00PM Water Cooler 12/16/2016

Today’s Water Cooler: Bilateral trade deals, Obama presser, Donna Brazile, electoral college, CPI, retail calendar, containers, cats

Investment in Early Childhood Education Yields Substantial Gains for the Economy

Yes, Virginia, more education for the lower orders really does pay off.

Links 12/16/16

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British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit

The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.

The Story That Russia Does Not Want You to See: The Rosneft Share “Sale” as a Sham Transaction

The widely-reported sale of a 19.5% stake in Rosneft to Glencore and Qatar looks like a sham transaction.

Trump’s Carbon-Obsessed Energy Policy and the Coming Climate Nightmare

Trump plans to take the Palin “Drill, baby, drill” strategy to a new level.

NBC’s Denver Affiliate 9News Apologizes on Air to Naked Capitalism

9News acted like true pros and issued a big apology to Naked Capitalism.

2:00PM Water Cooler 12/15/2016

Today’s Water Cooler: Son of ISDS, Tillerson, new CIA leak on Trump, more 2016 post mortems, copper, zinc, post-truth, reification, watches

So Who Gets to Pay for Italy’s Banking Crisis?

The pretense that even Monte dei Paschi can be bailed out privately is being abandoned. So how will Italy’s sick banks be salvaged?