Readers: Reddit’s /r/Politics thinks that Naked Capitalism is an “unacceptable source,” since it’s a “personal blog.” (Dayen, all the guest writers, and I might have something to say about that; NC is personal the way that the NYT is personal to the Sulzbergers.) Any insights?
Praying mantises watch movies while wearing tiny 3-D glasses Los Angeles Times
At Jacobin: The Fed Doesn’t Work for You J.W. Mason. This version has the footnotes.
Why Minsky Matters: An Introduction to the Work of a Maverick Economist, by L. Randall Wray Times Higher Education
Rig Count: Capitulation? Oilprice.com
Up to 70 Percent of Global Internet Traffic Goes Through Northern Virginia Nextgov. Terrific reporting on the physical plant of data centers. They are not all out in the boonies, and they are not all shiny.
Hong Kong publishers spooked, anti-China books off shelves Reuters. Kill a chicken to scare the monkeys…
Deflationary pressures to continue ‘haunting China’s economy’ this year: economists South China Morning Post
The Empty Threat of ‘Boots on the Ground’ NYT (Re Silc).
Carpet Bombing History in America Project Syndicate
Saudi Deputy Crown Prince Has Debt-To-GDP Moon of Alabama
Jeremy Corbyn: ‘Reshuffle? Focus on Tory failings in health, housing and education instead’ Guardian. “We want to see the democratisation of public life from the ground up.” See, there’s your problem.
What Tolstoy’s ‘War and Peace’ can teach us FT. The print version has the best headline ever: “Tsar Wars.”
FBI arrival, call for donations hint at possible end game for Oregon occupation KSNV. Solicited donations (and I don’t think this is a parody):
The OR militants have updated their wish list. pic.twitter.com/ZmDB3XC4Ag
— JJ MacNab (@jjmacnab) January 9, 2016
Blowhards, Beware: Megyn Kelly Will Slay You Now Vanity Fair (JT McPhee).
15 things Bernie Sanders said about Wall Street, and whether they make any sense Felix Salmon, Fusion. So Disney performs brain transplants now. Good to know.
Some GOP’ers so dislike Trump they’d rather see Clinton win Des Moines Register
On the Meaning of “Natural Born Citizen” Harvard Law Review Forum
The Tale That Might Be Told The Power of Narrative (2008).
Steve Israel: Confessions of a Congressman NYT (Re Silc). How can we miss you, if you won’t go away?
‘Difficult conversation’ on charters finally comes to LAUSD board LA School Report
Guns now allowed in Texas’ state-run psychiatric hospitals Austin Statesman
How Obama’s edict will resurrect smart guns Computerworld. Not that there’s anything wrong with using the Federal government’s purchasing power for good — though why not with, say, single payer? — but this proposal, besides being a giveaway to Silicon Valley, doesn’t do anything about guns currently in circulation, like proposals to, for example, apply the same requirements for insurance to responsible gun owners that already apply to responsible car owners. So it’s more Obama small ball, totes genuine tears or no.
Mexico’s Soda Tax Success Bloomberg
Imperial Collapse Watch
Silicon Valley is an optimistic crowd. In my survey, 80 percent of the 129 startup founders I surveyed told me that “almost all change is good over the long run,” compared with just 48 percent of the general public.
Let’s remember that [genuflects] “startup founders,” as a term and as (some sort of) social reality, has only existed for about five years or so, and coincides with the hunt for returns under quantitative easing.
The Hustlers at Scores New York Magazine
Japanification Revisited Ian Welsh
Down the Ratholes of the Future The Archdruid Report. I’m not the only one using the “20%” trope, I see.
Antidote du jour:
And I think this is an anti-antidote, though a reasonably benign one: