The Cold-Medicine Racket Atlantic. The magic of the marketplace!
Chicago Mayor Rahm Emanuel Continues Getting Cash From Firms Managing Chicago Pension Money David Sirota, International Business Times
Bitcoin backer gets two years prison for illicit transfers Reuters. Yves: Prosecution futures.
A Brave New World Credit Writedowns
UBS raises single-aisle production gap concern in lower oil price analysis Leeham News and Comment
Déjà Vu All Over Again The Archdruid Report. “Demand destruction” seems to have wide application.
Markets will win game of chicken with Fed FT. “Every time it seems that we are finally drawing to an end of easy money, something (or things) in the world go wrong.” That’s not a bug. It’s a feature.
Big Brother Is Watching You Watch
Guns, cannons, swords: TSA has record-breaking haul in 2014 Runway Girl Network
Meet Alfreda Bikowsky, the Senior Officer at the Center of the CIA’s Torture Scandals The Intercept. Hmm. The director of the airport used for the Polish black site Stare Kiejkuty mentions a woman meeting one of the torture flights… And Greenwald mentions Bikowsky took a hand in at least one torture session….
Race relations suddenly a top concern of Americans McClatchy. Elite breathes sigh of relief as “income inequality” goes on the back burner. Hopefully, walking and chewing gum will one day be possible.
On another front Economist. Ukrainian energy and corruption.
Putin’s Christmas Show The New Yorker
Texas City plumber’s truck ends up in Syrian war Galveston Daily News (Jim Haygood). It’s hard to picture anything other than the truck coming direct from Texas. So how does that happen?
Diseases are spreading in Syria: WHO Daily Star
The War Nerd: More proof the US defense industry has nothing to do with defending America Pando Daily. Massive takedown from The War Nerd.
The Crowdsourcing Scam The Baffler
Bowling Alone or Bowling at All? The Effect of Unemployment on Social Participation Ruhr Economic Papers [PDF].
The GOP’s “Jobs Bill Joke” (and other 2015 LOLs Economic Populist
Predatory Fining and Mass Surveillance Marginal Revolution
Man can’t challenge $280K tax bill he probably doesn’t really owe, Pa. court says Patriot-News (furzy mouse). Philly sends out huge, “made up” delinquency notices to get taxpayers “to induce the targeted taxpayer to contact the city’s revenue department.”
Message to Booleans: It’s an additive world, we just live in it Statistical Modeling, Causal Inference, and Social Science
Open Garden raises $10.8M to build a “Second Internet” — for the people, by the people Pando Daily. A “mesh network.”
Podcast links: freed from pixels Abnormal Returns. Interesting straw in the wind….
Our Jury Is In on “Serial” The Marshall Project
Colbert’s pitch-perfect finale: “Stephen Colbert” breaks character at last Salon. The perfect kayfabe master.
The Troll Hunters MIT Technology Review
Writing Machines LRB. On realism and the real.
Antidote du jour: