Exoplanet Census Suggests Earth Is Special after All Scientific American
FBI gathers clues in massive Goldman Sachs money scandal NY Post (RS). 1MDB.
Firesale In Energy Assets OilPrice.com
Investment banks’ return on equity declines FT. Bezzle, bezzle, who’s got the bezzle?
StanChart accused over $100m ‘dirty debt’ FT. “… the London-based emerging markets bank, which has incurred nearly $1bn in fines over the past nine years…”
Market for Fixer-Uppers Traps Low-Income Buyers NYT. Markets have no agency. Market actors are doing the trapping.
Economic Outlook Has A Glimmer Of Sunshine Econintersect. That’s the real economy.
What Is The Purpose Of The “Most Effective Application Of Firepower”? Moon of Alabama. Self-licking ice cream cone.
How America Is Putting Itself Back Together James Fallows, The Atlantic.
Battle lines being redrawn in Baltimore’s war on drugs Baltimore Sun
The Crisis of Minority Unemployment Editorial Board, NYT
A time of angry strongmen Le Monde Diplomatique
The New Shape of the Republican Race The Atlantic
Victorious Clinton: Americans are ‘right to be angry’ McClatchy. I feel so validated!
Hillary Clinton needs hope and change. Can she accept that before it’s too late? Jill Abramson, Guardian
Hillary Clinton Wins Nevada But Loses Her Narrative Vanity Fair (Re Silc).
Bernie Sanders Hits a Roadblock Charles Blow, NYT
Ralston Reports: ‘Reid-Culinary bond’ won Nevada for Clinton Reno Gazette-Journal
The Evolution of the Myth of the Sanders “English Only” Chant Student Activist. “Myth” is putting it politely. This falsehood was instantly propagated to the national press which has — hold onto your hats here, folks — issued no retractions.
Response to CEA (pdf) Jamie Galbraith. Massive takedown of Krugman’s highly touted CEA letter.
Splits in the Keynesian camp: a Galilean Dialogue Gavyn Davies, FT
Boris is a copper bottomed, double dealing hypocritical little shit. The press will destroy him Jerry Hayes (RS). My goodness!
European Business Group Urges China to Fight Industrial Overproduction WSJ. “Karl Marx, call your office!”
Complacency, protectionism: Why China won’t shut underused factories WaPo. Because the workers would riot and string up the managers from the nearest lampposts? Not mentioned.
China stocks jump over 2% on new regulator chief, fresh stimulus Channel News Asia. “‘If a casino has a new boss and gets renovated, it’s certainly something worth celebrating,’ 31-year-old investor, Zhu Haifeng, told Reuters.” Attaboy!
Pros of a spot gold exchange in India Live Mint. “A vibrant gold ecosystem.” Authors from Indian Institute of Management, Ahmedabad.
Deadly north India protests lead to New Delhi water crisis Asian Correspondent
Big Brother Is Watching You Watch
The new mind control Aeon (gizzardboy). Read beyond the clickbait-y headline all the way to the end.
This is Why People Fear the ‘Internet of Things’ Krebs on Security (CM). Even Orwell’s telescreens didn’t broadcast your whole life to the entire world. I exaggerate. But not much.
Artificial Abundance and Artificial Scarcity P2P Foundation
Antidote du jour: