I’m a little behind, so your full roster of Links should be up by 8:00 AM. Early visitors please come back then!
Better Batters Perceive Ball as Bigger Scientific American (Chuck L)
Humans become aroused when touching robots in ‘sensitive’ places, Stanford University study finds Independent (Chuck L). I wonder if this reflects suggestion by the researchers.
Why Some Societies Practiced Ritual Human Sacrifice New York Times (Steve C)
Fiddling over fossil fuel while world burns Martin Wolf, Financial Times
Half of Scotland’s energy consumption came from renewables last year Herald Scotland (martha r)
Wind and Solar Are Crushing Fossil Fuels Bloomberg
The Inclusive Cost of Pandemic Influenza Risk NBER (resilc). If you need something new to fret about: “Estimates of the long-term annual cost of global warming lie in the range of 0.2-2% of global income. This high cost has generated widespread political concern and commitment as manifested in the Paris agreements of December, 2015. Analyses in this paper suggest that the expected annual cost of pandemic influenza falls in the same range as does that of climate change although toward the low end.”
A spiritual successor to Aaron Swartz is angering publishers all over again ars technica (Chuck L). Elsevier saying it’s not a bad guy is risible.
How tax haven fury went mainstream Financial Times
The Panama Papers’ Sprawling Web of Corruption New York Times. Wellie, the news types say they can’t say anything about the Panama Papers because they don’t have access to them, but this editorial steps into the breach.
How offshore banking is costing Canada billions of dollars a year Toronto Star (Sid S)
SPIES AND SHADOWY ALLIES LURK IN SECRET THANKS TO FIRM’S BAG OF TRICKS OCCRP (Richard Smith)
A Wall Street darling is buried in the Panama Papers Business Insider
Panama partners in crime Golem XIV (Qrys)
The Panama Papers: A Tropical Tip of the Hidden Wealth Iceberg Institute for New Economic Thinking. An interview with Gabriel Zucman, a world-recognized expert on hidden wealth, who is now at UC Berkeley.
China’s 450 million millennials, the new miracle Sydney Morning Herald. EM: “Capsule summary: Paid Kool-Ade drinker says ‘this time is different’. Note the emphasis on the need for ‘improved messaging’ by the government. Ignore that collapsing global demand and those robots coming for manufacturing workers’ jobs … we simply need to get better at telling da peeps how great things are!”
Millions of people in Bangladesh still drinking arsenic-laced water Guardian (resilc)
EU plans radical migration shake-up Politico
The Problem with NATO American Conservative (resilc)
The CIA Just Backstabbed Obama Russia Insider (Wat)
SYRIA SITREP: A FEW THOUGHTS ON THE LATEST CONUNDRUM Sic Semper Tyrannis (resilc)
Revolutionary Guards Turn Against Nuclear Deal and Government EA WorldView (resilc)
Big Brother is Watching You Watch
How a federal spy case turned into a child pornography prosecution Washington Post. I’m told that whistleblowers worry about having kiddie porn planted on their computers as a way of getting rid of them. And this case reads as if the porn could have been placed.
Friends make a drone-controlled CHAINSAW and use it to hack at trees Daily Mail (resilc)
Hoisted from e-mail. Furzy’s good friend Carol L sent this to the New York Times today:
Do the Milwaukee County results mean Hillary’s vaunted firewall in the black community has cracked more than the media admits? Milwaukee County is almost 27% African-American and 14.2% hispanic, according to the US Census, but Hillary only beat Bernie in that county by about 3.5%. In New York state, 17.6% of residents report themselves as African-American and 18.6% as hispanic. Pennsylvania is 11.6% black and 6.6% hispanic, with New Jersey 14.8% African American and 19.3% hispanic. Predominantly white counties went Bernie by wide margins. Milwaukee County, which is very conservative, must make the Clinton camp at least a little nervous….
Final result per the WSJ: Sanders 56.5%, Clinton 43.1%. Note most polls had him ahead by only a couple of points. On the Republican side, it was Cruz at 48.3%, Trump with 35.1%, and 14.1% for Kasich.
Sanders deals new blow to Clinton Financial Times. One of the more positive headlines.
17 States to Go! Democrats and Indies Can Still Register in Most Daily Kos (furzy)
Bernie To Hold Rally In Washington Square Park NYULocal (martha r). That is REALLY a small park for a metro area like NYC.
@SALON ANTI-#BERNIESANDERS PIECE WRITTEN BY ’08 CLINTON STAFFER @CHRISSOSA Blog 42. (Qrys) More Clinton dirty tricks!
Hillary Needs a Plan for Tackling Tax Havens New York Magazine. So she can pretend to be anti-something when she was demonstrably for it earlier, like the TPP and fracking?
Oil Companies Donated To Clinton Foundation While Lobbying State Department International Business Times
Cruz victory: Strategy will now focus on unbound delegates. Slate (resilc)
Trump’s defeat will not prove a turning point Financial Times
Why the Establishment Hates Trump Counterpunch (Chuck L)
Police State Watch
Top NYPD brass wrongly accepted splashy gifts: source New York Daily News
US tax crackdown provokes foreign fury Financial Times
Pfizer Scraps $150 Billion Allergan Deal Wall Street Journal
Low oil paradox: Why economy has not gained from big drop Financial Times
Oil prices are jumping on a possible OPEC deal to freeze output Business Insider
ASIC and Westpac face off over rate rigging Sydney Morning Herald. Davin: “I think some bank traders must just want to get caught. Why else would they say openly on tape: ‘I know it’s completely wrong but f— it, I might as well, I thought f— it. We’ve got so much money on it we just had to do it, right?'”!
The Coming Default Wave Is Shaping Up to Be Among Most Painful Bloomberg (resilc)
Negative rates deepening liquidity trap Financial Times. Very good set of stories today at the pink paper.
Puerto Rico’s Senate Declares Debt Moratorium New York Times
How a billionaire hedgie hopes to fix corporate America Yahoo (furzy). Anyone who touts “free markets” as virtuous is at best intellectually incoherent and at worst a propagandist defending the status quo. I don’t trust this as far as I can throw it. And Lambert sent confirming information (and then some!) for my initial reaction:
I may be painting this picture too colorfully, but Paul Tudor Jones is that lunatic donor who helped get UVa President Sullivan fired because a cabal of board members and Deans got all excited about MOOCs and thought Sullivan wasn’t heaving classroom professors over the side with sufficient alacrity.
It was a horrid episode filled with stupid people, the only redeeming feature being the student protests that got Sullivan reinstated.
Save me from billionaires with bright ideas.
Antidote du jour (martha r):