Kevin's Links

December 6, 2010

Filed under: Uncategorized — kevintodd @ 9:39 pm

Juan Cole on Wikileaks – “I suppose that as a contemporary historian, I feel about Wikileaks the way I feel about Ben & Jerry’s ice cream as a perpetual dieter. I wish they wouldn’t make it, but when I have a bowl, I have to say I really enjoy it.”

Core vs Headline (for dummies)

Amazon v Netflix (I agree with Kid Dynamite’s edited comments)

Don Blankenship is “a man who pursues naked self-interest and calls it patriotism, who buys judges like cheap hookers, treats workers like dogs, blasts mountains to get at a few inches of coal and uses his money and influence to ensure that America remains enslaved to the 19th-century idea that burning coal equals progress. And for this, he earns $18 million a year — making him the highest-paid CEO in the coal industry — and flies off to vacations on the French Riviera.a man who pursues naked self-interest and calls it patriotism, who buys judges like cheap hookers, treats workers like dogs, blasts mountains to get at a few inches of coal and uses his money and influence to ensure that America remains enslaved to the 19th-century idea that burning coal equals progress. And for this, he earns $18 million a year — making him the highest-paid CEO in the coal industry — and flies off to vacations on the French Riviera.” Surprisingly not written by Matt Taibbi

The US economy’s escape velocity – “The behaviour of the US economy, more than many others, is characterised by tipping points, and the direction of the labour market is critical to the process of growth and contraction. In the past, whenever the economy has slowed sufficiently to raise the unemployment rate by more than half a percentage point, a cumulative process has been triggered, with consumers reducing their spending sufficiently to tip the economy into outright recession.”

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