Wednesday, August 15, 2018

Donald Trump, Gun-Runner for Hire

Not only does America love guns but the Administration really loves gun merchants.

2:00PM Water Cooler 8/14/2018

Today’s Water Cooler: Tariff equilibria, Avenatti in Iowa, Pelosi, midterms, Wesley Bell, Strzok, paper ballots, antifa, small business optimism, single payer, out-of-network billing, collections, rain forests

Plastics: Don’t Microwave, or Place in the Dishwasher

American Academy of Pediatrics highlights health concerns for children from plastics, and recommends reducing use of plastics, and not microwaving them or placing them in the dishwasher.

Links 8/14/18

Emerging Markets Swoon as Turkey Wobbles

A high level look at the upheaval in Turkey.

Medicaid Officials Target Home Health Aides’ Union Dues

Another attack on union funding.

Where in the World Is It Easiest to Get Rich?

Debunking American exceptionalism on a pet obsession: the ability to get rich.

2:00PM Water Cooler 8/13/2018

Today’s Water Cooler: NAFTA, Seth Moulton, Trump in NY-21 and NY-22, capital spending, shipping, Google’s dark patterns, capacity constraints, smart cities, ayahuasca

The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks

Fracking companies are drilling too many wells in close proximity to one another, and when they frack the newer wells — known as child wells — those “bash” or “hit” the older wells, cannibalizing production and sometimes damaging the older well. The industry knows not how to solve this problem.

Links 8/13/18

Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?

Why a Morningstar report on Uber’s IPO prospects does not begin to add up.

CalPERS to End Direct Investments and Separately Managed Accounts, Limit Co-Investment as CIO Whinges About Difficulty of Putting Money to Work

CalPERS is about to take another great leap backwards in private equity.

The Enemy Between Us: How Inequality Erodes Our Mental Health

Inequality creates the social and political divisions that isolate us from each other.

Ninth Circuit Orders EPA to Ban Chlorpyrifos Pesticide

Ninth Circuit orders EPA to implement a long overdue ban of chlorpyrifos, a pesticide linked to developmental delays in children and nervous system damage to people and animals exposed. Court previously had to order Obama EPA in 2015 to act on the issue; it’s unclear whether this decision will survive appeal.

Links 8/12/18