This is Naked Capitalism fundraising week. 922 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the last year, and our fourth goal, burnout prevention
Animal Altruism? Psychology Today
SEC fines Ernst & Young for not spotting client’s earnings manipulation Francine McKenna, MarketWatch
The unwise war against low interest rates Martin Wolf, FT
Summers Urges U.S. to Spend 1% of GDP Annually on Infrastructure Bloomberg. “[Summers] asked how many thought the U.S. should be ‘really proud’ of [JFK] as a gateway to America’s greatest city. The response: no hands, and a lot of laughter.”
Driverless taxi hits lorry in Singapore trial Phys.org. On the NuTonomy campus with two engineers aboard. Well-played.
China to Help Modernize Military, Defense Minister Says Cambodia Daily
The Liberation of Mosul Will Go Better Than You Think Foreign Policy
Column: What could possibly go wrong in Mosul? Everything. Tampa Bay Times
Yemen cease-fire to begin Wednesday USA Today
Middle East’s Migrant Population More Than Doubles Since 2005 Pew Research. “Regional conflict and economic opportunity boost number of migrants from 25 million to 54 million.” Rather a lot.
Russia Is Preparing For War Ian Welsh
Clinton announces final-pitch concert series ‘Love Trumps Hate’ The Hill. Now I want to take a shower.
The Popular Populist Jacobin
Republicans bristle at notion they failed to vet Trump The Hill. The Howard Stern stuff has been out in the open, all along….
Hillary Clinton Versus Bernie Sanders: Taking Election Fraud Allegations Seriously (Part 1) Counterpunch. From May, but obviously still relevant; there are six parts in all.
Don’t Just Whack Wells Fargo’s CEO The American Prospect (Re Silc)
Obama adopts a grand design to shape his legacy WaPo. Obama’s already written two autobiographies. Maybe he should write a third? And a fourth?
MACRA may be troublesome for some healthcare IT vendors Modern Health Care
Capping Enrollment To Save Minnesota’s Individual Market Health Affairs. So much for universality, as discussed here.
Economic Anxiety and the Limits of Data Journalism James Kwok, Baseline Scenario. Massive takedown of Vox’s Dylan Matthews on his “forget economics, it’s all racism” theory of Trump voters.
Americans Work 25% More Than Europeans, Study Finds Bloomberg. The lead: “Americans are addicted to their jobs.” Shaking my head…
Bringing light to the grey economy The Economist
How MDMA flows across the USA: evidence from price data Journal of Global Crime
Antidote du jour (Mrs. Mop):
Mrs. Mop writes: “At this time of the year, it seems almost impossible to take some decent pictures of some ordinary ducks, not because there are no ordinary ducks around (there are plenty of them) but because they spend all of their time going up-side-down and showing you their behind and nothing else as if telling you constantly ‘duck you’ or something similar which rhymes to that, I don’t know, well, what the duck, there it goes, see below.
P.S.That dark thing on the top left is the shadow of a curling swan’s neck…
… well, and then there was this really beautiful birdy creature, black body, red beak, green legs – what the duck, is this a duck or what?