Ben Goldacre (Richard Smith).
Macrobusiness. Useful aggregation. “If something cannot go on forever, it will stop.”
FT. “Supply from Chinese bitcoin miners and a few early holders.” Hmm.
South China Morning Post. “Fiat currencies do have an inherent value. The US dollar, for example, has value because the US government insists that Americans must pay their taxes in US dollars.” Boom.
Larry Summers, FT
Post and Courier
Institute for Government
Handelsblatt. Clickbait headline from Handelsblatt (!).
Jeremy Corybn, Jacobin
OstPol. They seem nice.
LRB. Fun stuff. Thanks, !
Le Monde Diplomatique
Los Angeles Times
The Scroll (J-LS).
China street scene. Rolls Royce in front of hammer-and-sickle billboard promoting Xi thought. Rolls hit by another car and reportedly tells driver, "Sell your home." :
— Chris Buckley 储百亮 (@ChuBailiang)
NPR (Re Silc). Oh, great. More out-of-state waste for Maine’s landfills.
CNN. Susan Collins, drama queen. Who knew?
The Atlantic (Re Silc).
New Cold War
Scott Ritter, The American Conservative
Democrats in Disarray
The Intercept. Why should superdelegates exist at all?
Politico. Winning by losing might work when you’re playing 11-dimensional chess. I think a win is a win and a loss is a loss. Ideally, parties display adaptability after losing. But not if they won’t recognize their losses.
The Hill. Schiff: “I think this president, in astonishing speed, has remade the Republican Party in his own deeply flawed image, and that will be ruinous to the Republican Party.” Liberal Democrats just can’t let go of the seemingly sincere belief that there are (or were (or will be)) reliable Republican interlocutors to be had. It’s like our decades-long quest for the mythical “moderates” in the Middle East, which also goes all the way back to Reagan. I mean, who are these flawless Republicans? Denny Hastert? George W. Bush? Ronald Reagan? Eisenhower, . But that was a very long time ago.
Sex in Politics… Not
NYRB. Well worth a read.
Frank Bruni, NYT
(PDF) NBER Working Paper 24085. Betteridge’s Law triumphs here. Page 3: “Median wealth in 2016 was still 34 percent down from its peak in 2007.” Page 10: “Then, from 2013 to 2016 the Gini coefficient showed another small gain, to 0.877. However, the share of the top one percent experienced a huge increase, from 36.7 to 39.6 percent. The share of the next 19 percent went down, so that the wealth share of the top 20 percent advanced only 1.0 percentage points and that of the bottom 80 percent decreased by 1.0 percentage point.” (This is the Gini coefficient for household wealth, which the author seems to have calculated.)
Modern Health Care
Guardian (DL). Unsurprising. If you regard that as broken, then AI is broken by design.
LinkedIn (DL). From August, still important. “For many tasks, Deep Learning AI is or will become illegal, not compliant.”
Core 77 (Re Silc). Re Silc: “I saw an eight-year-old boy and his nine-year-old sister helping dad field dress a deer a week ago. I bet they can use a chain saw too NOW.”
Antidote du jour ():
See yesterday’s Links and Antidote du Jour here.