Dog saves baby’s life Bangkok Post (furzy mouse)
Evolution is Wonderful National Geographic (Lambert)
Oh Shit, I Totally Forgot That Happens! Onion (Lambert)
Meeting online leads to happier, more enduring marriages, study finds MedicalxPress (Chuck L). I don’t see the satisfaction scores as being dramatically different. Plus what if successful online daters are just better at puffery, which means they also assign their own projects/activities overly generous scores?
Burzynski Patient Amelia S.’s Story The OTHER Burzynski Patient Group. Richard Smith briefly shifts focus from financial to medical scammers.
Rogue beer fridge caught by Telstra ‘robot’ ITNews. Only in Oz!
Are Today’s Medicines Any Better Than Drugs Developed Decades Ago? Reuters. There’s a big nomenclature issue that Reuters fails to address. A “new drug application” can be and often is a minor reformulation of an existing drug, such a time-released version you take only once a day to replace the original drug you needed to take every 8 hours. The NDA succeeded in extending the patent on the drug. I don’t have current figures, but an FDA lawyer told me a decade ago that over 85% of the NDAs were for reformulations and new uses of existing drugs (such as using an anti-psychotic to treat anxiety), not what you and I would consider to be a new drug. So at a minimum, the story ignores that Big Pharma finds it more attractive to wring more profits from existing drugs than find new ones.
The ECB, negative rate confusion and the prepay tax option Izabella Kaminska, FT Alphaville
European recession eases MacroBusiness
Spain’s Economy Rebounds as Exports Transform Country Bloomberg. Reader sanity check, please.
The sense of common decency Beppe Grillo
Erdogan Is Toast Moon of Alabama
The ISM report: US manufacturing slowest since 2009 Sober Look. Of course, Mr. Market is happy because it means more QE!
ECB backs away from use of ‘big bazooka’ to boost credit Financial Times
Global shock as manufacturing contracts in US and China Ambrose Evans-Pritchard
‘Lost decade of joblessness ahead‘ Guardian
Working your way through college doesn’t add up for today’s students Journal Sentinel (Carol B)
Mortgaged Diplomas Nancy Folbre, New York Times
Recession culprits? Start with Alan Greenspan and Jean-Claude Trichet Dean Baker, Guardian
Obama’s faith in the geek elite who have your secrets Edward Luce, Financial Times. Hah, the Nixon meme is staring to take hold! When I used it last month apropos Obama, my mother got annoyed and piped up, “Nixon did some good things!”
Baby boomers are killing themselves at an alarming rate, raising question: Why? Washington Post. Notice no mention of inequality, which has risen rapidly in the last 15 years. Unequal societies are afflicted with higher incidence of bad social outcomes, such as crime, teen pregnancy, and suicide.
Financial firms face new clampdown The Hill. More accurate to say “long overdue clampdown mandated in Dodd Frank”.
Attorney general sues HSBC over foreclosures Buffalo News (Deontos). Mirabile dictu! Schneiderman rouses himself on the mortgage front.
Behind the Rise in House Prices, Wall Street Buyers New York Times. Glad someone is finally taking notice.
Feds crack down on foreclosure auction scams Associated Press (GR). Zealous pursuit of small players, natch.
Antidote du jour: