TRUSTEE BANKS SUED FOR $250 BILLION New Economic Perspectives
Corporations as Aggregates? The Conglomerate. Out-of-box thoughts on Hobby Lobby.
Big Brother Is Watching You Watch
Ars editor learns feds have his old IP addresses, full credit card numbers Ars Technica (Howard Beale IV)
Meet Executive Order 12333: The Reagan rule that lets the NSA spy on Americans John Napier Tye, WaPo
I am coming forward because I think Americans deserve an honest answer to the simple question: What kind of data is the NSA collecting on millions, or hundreds of millions, of Americans?
Elizabeth Warren for president? Dana Milbank, WaPo
A fracking problem for Dems The Hill. Nope. A Dem problem for Dems.
What ails Ukraine? Indian Punchline
Pushing Ukraine to the Brink Counterpunch (bwilli123). Fun read from July 9. Because it would be irresponsible not to speculate:
[A]ll Putin has to do is sit-tight and he wins, mainly because the EU needs Moscow’s gas. If energy supplies are terminated or drastically reduced, prices will rise, the EU will slide back into recession, and Washington will take the blame. So Washington has a very small window to draw Putin into the fray, which is why we should expect another false flag incident on a much larger scale than the fire in Odessa. Washington is going to have to do something really big and make it look like it was Moscow’s doing. Otherwise, their pivot plan is going to hit a brick wall.
Then again, we could be looking at opportunists taking advantage of a happy accident! That said, it does make one wonder whether the Dutch being self-sufficient in gas could have formed part of the realpolitik….
After MH17, France Must Cancel Sale of Warships to Russia The Diplomat. Reminds me of how the Reşadiye and Sultân Osmân-ı Evvel became HMS Erin and HMS Agincourt in World War I.
Islamic State overwhelms Iraqi forces at Tikrit in major defeat McClatchy. Saddam was born and buried in Tikrit. You’d expect Sunni forces to win there.
Biggest bank robbery that ‘never happened’ – $400m Isis heist FT. Source? Chalabi. BWA-HA-HA-HA-HA-HA!!!!
Junta issues order to gag media’s criticisms The Nation. Bringing happiness to the people.
HOW WILL CAPITALISM END? New Left Review. Not with a bang but a whimper.
Cheap at sea, pricey on the plate: The voodoo of lobster economics Globe and Mail (Fresno Dan).
The future of work Mathbabe. Emotional labor.
Is Choosing to Believe in Economic Models a Rational Expected-Utility Decision Theory Thing? Brad DeLong. No. It’s an “academic choice theory” thing.
Macroeconomic textbooks ripe for composting Bill Mitchell. Manky Mankiw.
Antidote du jour: