Giving weight to Darwin’s theory of ‘living fossils’ Science Daily
A New Era of Central Banking? Philip Pilkington, Econintersect
There’s finally a commercial use for blockchain tech in finance Quartz. Private equity (?!).
Big Banks Declare War on Venmo Bloomberg
Trade Developments in 2016: Policy Uncertainty Weighs on World Trade (pdf) World Bank
The left’s Brexit dilemma Stumbling and Mumbling
Tearing the Historic Fabric: The Destruction of Yemen’s Cultural Heritage LA Review of Books
China’s H7N9 bird flu measures came too late, experts say South China Morning Post (J-LS).
33,000 gather in support of Hong Kong officers jailed for beating up Occupy protester Ken Tsang South China Morning Post
“There Is Regulatory Capture, But It Is By No Means Complete” Kenneth Arrow (Interview), Pro-Market
Q: Perhaps the way to fix the American health care system is simply to adopt the [single payer] UK model?
[ARROW:] I would say the Canadian model, rather than the UK model. But it’s so politically out of the question I don’t even think about it.
2016 Post Mortem
Democratic divisions on display at DNC debate CNN. “After Perez sought to avoid directly answering the question — saying the party had lost trust in its voters and created a ‘crisis of relevance’ — long-shot candidate Sam Ronan, an Air Force veteran from Ohio, jumped in to call the contest rigged and say Sanders’ supporters felt excluded at the Democratic convention in Philadelphia. Buttigieg said Democrats don’t want to make the mistake of reliving the 2016 race.” Look forward and not back….
Meet the DNC dark horse: Indiana mayor Pete Buttigieg is shaking up the race for Democratic chair Salon. Hoho endorsed him…
A plutocrat honestly explains the new politics of America Fabius Maximus
Lambert here: I’m all for civic engagement! I’m skeptical (and at this point highly counter-suggestible, I admit) for four reasons: 1) The people who attend these town halls are the people who can attend these town halls, meaning: Not those on the night shift, not those who don’t control their work schedules, not those who can’t afford car-fare and secure childcare, and mostly for those who are comfortable formulating questions and follow-ups in public settings. That is, the “protesters” skew 10%, Clinton’s base. 2) To the extent that the protests do not bring new (Democrat) voters into the electorate — either unregistered or repelled — these protests can only appear as mere venting by a base that, as the last eight years have shown, is ill-equipped to secure and retain political power at the national level, or moral authority, for that matter. 3) To the extent that the protests are about Restoration —
#SaveNeeraTandensRiceBowl#SaveTheACA as very much opposed to #MedicareForAll — and reinforcing crazypants groupthink orthodoxy like war with Russia, their effects on the body politic are likely to be at best neutral and quite possibly malign. 4) In general, we note the lack of policy focus in all this #TheResistance material, showing a resolute unwillingness on the part of the Democrat nomenklatura to even consider rethinking its losing strategies and tactics. That said, once again, I’m all for civic engagement, and I’d love to be wrong! Readers, have any of you attended a town hall? If so, what happened? * * *
Waiting for the Supremes: High Court’s Decision in Gloucester County to Determine Validity of ACA Section 1557 Gender Identity and Transgender Services Rules C&M Health Law. There’s more at stake than Title IX.
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Immigration and Wages Ian Welsh
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The Foreign-Policy Establishment Defends Itself From Trump The Atlantic (Re Silc). The Blob (original report from Brookings) answers the question: “What are your demands?”
The War Hawks Rolled Donald Trump Moon of Alabama
The Duty of General McMaster The American Conservative. “Like German militarists in 1917, American militarists in 2017 fight on because they lack the capacity to imagine an alternative. In policymaking circles, war has become a habit.” I’ve said that Trump’s personality flaws are more similar to Kaiser Wilhelm II’s than Hitler’s. You should not find this reassuring.
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Justin Amash Emerges as Leading Critic of Fellow Republican Donald Trump WSJ
Susan Collins Implies She Could Be a Swing Vote in SSCI’s Investigation of the Russian Hack emptywheel. I dunno. District 2 (University of Maine) went for Trump. District 1 (Portland, a Boston suburb. Kidding!) went for Clinton. Collins is the quintessential Republican moderate, but does she need to be anything more than a revolving heroine?
Sen. Susan Collins develops pivotal, but uncomfortable, role as check on Trump Portland Press-Herald. “‘The advantage for those not following the herd is that they will have some leverage because few people are moving over to the other side,’ says Steffen Schmidt, a political science professor at Iowa State University. ‘Right now Collins can probably hold Trump hostage for a vote and get a yuuuge new naval facility built in Maine for her vote.'” Exactly.
NPR has created a team devoted to covering President Trump’s conflicts of interest Poynter. Of course, if NPR had created such a team to press for throwing the banksters in jail in 2009, there might not even be a President Trump. And once more: The problem with Trump isn’t the vacuous liberal framing that he’s “conflicted,” as if the Democrat Party weren’t; it’s that Trump is an oligarch, along with much of his cabinet, and rule by the rich is conflicted by definition.
Inside Uber’s Aggressive, Unrestrained Workplace Culture NYT (DL). Workers sleeping in their cars doesn’t create a moral panic, but if professionals are unhappy…
Platform Co-ops: How have we got here – and where do we go next? Co-operative News (DB).
Sue the Bastards? It’s Harder Than You Think Counterpunch (RH).
For a Society without Jobs Dissident Voice
Are We Spoiling Our Kids with Too Much Praise? JSTOR Daily (MT). MT: “Makes me think about the difference about poor schools and some schools for the elite: in poor school you learn mathematics, in elite school you learn to think like a mathematician.” And in the uber-elite schools, you learn how to simulate thinking like a mathematician. That’s what the economics department is for!
The Greatest Living Economist Has Passed Away: Notes on Kenneth Arrow Part I A Fine Theorem. Arrow was a fine prose stylist, and not a mathy obscurantist.
Code-Dependent: Pros and Cons of the Algorithm Age (pdf) Pew Research Center
A Muddle of Mind and Matter The Archdruid Report
NASA’s longshot bet on a revolutionary rocket may be about to pay off Ars Technica (CL). Interesting!
Antidote du jour (via):