More internet woes. I think the blog gods want me to stay chained to my desk in New York. 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 York Times
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
The Japan debt disaster and China’s (non)rebalancing Michael Pettis
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Health Insurers: We’ll Deny Coverage for Pre-Existing Conditions if Health Mandate Is Repealed Truthout (hat tip reader 1 SK).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
Antidote du jour via twig: