Central banks want to issue national digital currencies, but are countries ready? World Economic Forum (from May, but still interesting).
Bank Complexity: Is Size Everything? FEDS Notes
The Collapse of California’s Carbon Cap-and-Trade Market Conversable Economist
Nuclear waste: keep out for 100,000 years FT (DL). Good signage is very important!
The Fake Factory That Pumped Out Real Money Bloomberg. Accounting control fraud in biofuels.
New details suggest attacker in Nice was alienated, troubled man WaPo. Just like the Orlando and Dallas shooters. So let’s send more troops to the Middle East!
The Misguided Logic of Keeping Calm in the Face of Terror Foreign Policy
The Gülen Movement and Turkish Soft Power Carnegie Endowment for Peace (2014).
How Turkey Came to This Salon (Re Silc). Re Silc: “The generals are Kemalists. They are not secularists. Neither side is secularist. Secularism means that there is a differentiation between church and state. In Turkey it is laicist but gets translated as secularist, which muddies the issue. Kemalists controlled religion in society and preferred Sunnis. I hate using secular because it makes it sounds like they are the good guys and everyone else is bad.”
Did Erdogan STAGE the coup? US-based Turkish cleric facing extradition over botched rebellion claims president orchestrated plot to justify a clampdown on civil rights Daily Mail. Just because person A benefits from event E doesn’t mean A planned E; opportunism can be adaptive behavior exactly because opportunities arise that are not planned. On the other hand, a coup as clumsy and stupid as this one… Well, there’s one country that has a history of that, no? Especially in the Middle East. On the third hand, we might remember that Frank Herbert wrote, in Dune: “Then, as his planet killed him, it occurred to Kynes that his father and all the other scientists were wrong, .”
A History of Media Control and Media Blackouts in Coups d’Etat Privacy Online News
Black Injustice Tipping Point
Eric Garner’s Daughter Says ABC News Silenced Her At President Obama’s Televised Town Hall Meeting Essence. Seems like Obama “stood between you and the pitchforks” again, this time with cops.
How Americans view the Black Lives Matter movement Pew Research Center
Racism, Stress, and Black Death The New Yorker
The Great Republican Crack-up: How Dayton Helps Explain the Rise of Donald Trump Pro Publica. Must read.
The Trump Before Trump David Frum, WSJ. William Jennings Bryan.
Ignore the Polls. Trump’s Campaign Is a Hot Mess, and That’s All That Matters. TNR (Re Silc). Liberal goodthinkers regard presidential campaigning rituals and conventions as norms, and use them as a yardstick for Presidential fitness.
Trump Time Capsule #41: ‘We Remember the Nuremberg Trials’ The Atlantic. All very well, but I don’t remember any prosecutions for war crimes or torture when Democrats had power; they looked forward and not back.
Chelsea gets big billing at Democratic National Convention alongside mom Hillary on preliminary speaker list that includes Bernie Sanders and none Clinton’s potential running mates Daily Mail. Maybe Chelsea’s a placeholder for the Veep?
Sanders Activists Already Agitating in Philadelphia TAP (Re Silc).
How the 2% lives The Economist. Temping.
What’s wrong with Airbnb? Worthwhile Canadian Initiative. Plenty, if you’re “lower income,” apparently.
Scientific Education as a Cause of Political Stupidity The Archdruid Report
Antidote du jour (Richard Smith, via):