Zoo animals on the loose in Georgia amid deadly floods Al Jazeera. Tbilisi, Georgia.
When Private Equity Firms Give Retirees the Short End Gretchen Morgenson, NYT
Puerto Rico’s Dance With Debt Jacobin. More trouble…
Symposium: The Bailouts of 2007-2009 Journal of Economic Perspectives, Vol. 29 No. 2 (Spring 2015). Complimentary articles, and so they should be.
Greece: A Credible Deal Will Require Difficult Decisions By All Sides Oliver Blanchard, IMF Direct
Syriza Left demands ‘Icelandic’ default as Greek defiance stiffens Ambrose Evans-Pritchard, Telegraph
Greek default fears rise as ‘eleventh-hour’ talks collapse Peter Spiegel, FT
Greece’s debt drama: the possible scenarios Deutsche Welle. More sanguine than many other accounts.
Greece has nothing to lose by saying no to creditors Wolfgang Münchau, FT. Uncharacteristically sloppy analysis from the pink paper. First, Münchau conflates default with Grexit. Second, Münchau assumes that none of the Greek debt will be paid, as opposed to much of it being written down. Third, Münchau assumes that the creditors won’t be able to enforce their rights in court. The case of Argentina is relevant to points two and three: Argentine debt was written down and paid, and even private creditors were able to enforce their rights.
How Merkel may have bungled Greek rescue Politico Europe
Fighting Golden Dawn Jacobin
Translation: Chinese “Dolce Vita” on Costa Cruise China Digital Times
People’s Daily warns against colour revolutions, blames ‘spread of Western ideology’ South China Morning Post
Clinton says drug firms that benefit from deal should offer discounts Reuters. So, right out of the box, Clinton kicks the left. That was fast.
Sanders: ‘The good side won’ on trade The Hill. Not yet.
“The Death of Democracy” — A Public Talk on TTIP Raging Bullshit
Prepare for serious turbulence in Russia WaPo. Wishful thinking?
Clinton: Americans have ‘amnesia’ about GOP failings Des Moines Register. I wish Democrats would stop blaming voters.
America the Petrostate
Growing oil train traffic is shrouded in secrecy Center for Investigative Journalism
The Dark Side Of The Shale Bust Oil Oilprice.com
NEWS: Info on New Orleans Graduation Rates Pre-Katrina Mercedes Schneider’s EduBlog. Important counter to charter talking point.
In the New Whitney NYRB
Are ideas really non-rival? Worthwhile Canadian Initiative. If ideas are rivalrous, does that make them common pool resources as opposed to public goods?
‘The Iliad’ London Review of the Books
The Real Lesson of the Stanford Prison Experiment The New Yorker
Antidote du jour (via):