Dear patient readers,
If you have contributed to Lambert’s fundraiser, thanks for your support! Some of you made very generous contributions and he very much appreciates them. If you have not done so, please go to his site now and make a donation. While Lambert get a big chunk of Naked Capitalism’s annual fundraiser, he also hosts and oversees the group blog Corrente, and many of its writers contribute to other sites in our ecosystem. So please chip in! Every little bit helps.
To the folks who attended the DC meetup: one participant got a card from Owen and misplaced it. He wants to follow up with Owen. Can Owen please e-mail me? Thanks!
Nasa-funded study: industrial civilisation headed for ‘irreversible collapse’? Guardian (Deontos). From last week, still germane. The actual study is here (Deontos, John C).
Forests Around Chernobyl Aren’t Decaying Properly Smithsonian (Deontos)
FDA review of new sunscreen ingredients has languished for years, frustrating advocates Washington Post. No excuse for this. Lots of studies on the ingredients in foreign suncreens. Your humble blogger has long bought European or Australian sunscreens (and if you have friends who are going abroad, see if they’ll snag some for you. They aren’t pricey).
What I Learned Hanging Out With Nigerian Email Scammers Mother Jones (Richard Smith)
This drone can steal what’s on your phone CNN (furzy mouse). Yet another reason to own a stupid phone!
How I Bought the Internet — and You Can Too Institutional Investor
Mt Gox finds 200,000 Bitcoins in old wallet Financial Times
The Forgotten Coup – and How the Same Godfather Rules From Canberra to Kiev Truthout (Margarita)
No Confirmed Debris Found in Jet Search Wall Street Journal
Pettis on why the yuan is falling MacroBusiness
Tumbling Chinese yuan sets off ‘carry trade’ rout, triggers derivatives contracts Ambrose Evans-Pritchard, Telegraph
Thailand election ruled invalid Guardian
Strauss-Kahn is to launch $2bn hedge fund Financial Times
Sweden takes the fight to household debt MacroBusiness
Bloomberg Hints at Curb on Articles About China New York Times. Note this is self-censorship.
Turkish Watchdog Blocks Twitter Wall Street Journal
Russia Stocks Fall With Bonds on Expanded Sanctions, Outlook Cut Bloomberg. Unlevered Russian EFTs fell about 2.6-2.8%, but sanctions and jawboning have not yet driven Russian stocks, in dollar terms, below recent lows.
Big Brother is Watching You Watch
Yet Another Study Shows That Metadata Reveals A Hell Of A Lot Techdirt (Chuck L)
Microsoft faces fresh privacy storm Financial Times
How a Comedy Article Got Me Placed On the No-Fly List Cracked (1 SK). In case you had any doubt that America has gone off the deep end.
Microsoft Looked Through Reporter’s Hotmail And MSN Chat Accounts To Identify Windows 8 Leaker Techdirt (Chuck L). Techdirt is on a roll today.
Congress raises pressure on CIA in torture dispute Christian Science Monitor
City vs. Country: How Where We Live Deepens the Nation’s Political Divide Wall Street Journal
Breaking the Law From the Inside CounterPunch (Chuck L)
Did the U.S. Deploy Snipers Against Peaceful Occupy Protesters? George Washington
NAFTA Opens U.S. Roads to Poorly Regulated Trucks from Mexico Congressman Mark Pocan
In Healthcare Suit Against Catholic Bishops, the Specter of an Early Defeat ProPublica (Chuck L)
Health Care Exchange in Oregon Not Meeting High Hopes New York Times
In Healthcare, What Makes Maine Different? Los Angeles Times (Lawrence R). Maine in general, and I suspect it is even more true in northern Maine, has very low income inequality. Low income inequality in and of itself is associated with better health outcomes. Highly unequal societies mean pretty much everyone has shallow social networks, which are very negative for health, including the health of the wealthy.
Customer accuses J.P. Morgan of robo-signing credit-card collections MarketWatch (Lawrence R)
Fed opens its doors wider to repo trading Financial Times
Too much coddling of the wealthy… so why loose monetary policy? Ed Lambert, Angry Bear
The Emperor’s New Clothes on Steroids Counterpunch (Carol B)
The Global Economy’s Tale Risks Robert Shiller, Project Syndicate
March 20: Journalistic Day of Atonement Dan Fejes
On the impact of economic ideas Pieria. Read this rather than the underlying Noah Smith piece, which will just make you stupid. The notion that the ideas of individual economists have no impact is patently absurd. What about the Black-Scholes model, which revolutionized finance? Michael Jensen’s aggressive promotion of equity linked pay for execs, which is a major source of the crapification of everything? And the Reinhart/Rogoff paper that justified putting the austerity yoke on the peripheral countries of Europe, which is now producing deflation in the core?
FiveThirtyEight’s disappointing science section Columbia Journalism Review
The Emptiness of Data Journalism The New Republic
Antidote du jour (furzy mouse):