Remember that old jingle Burger King used in it’s advertisements? Well it looks like Burger King is determined to have it “their” way by merging with Canada’s Tim Hortons in a take over of the company. Not that Canadians will be happy with this merger as they were not according to rumor the last time […]
In my last post, I gave an introduction to the massive data work underlying Capital in the Twenty-First Century, as well as two clear results from Piketty’s work. First, he showed that the optimistic Kuznets view after World War II that inequality was well on its way to being conquered was wrong, based on putting […]
by Robert Waldmann Lifted from Robert’s Stochastic Thoughts Monkey Cage Match A real smack down in the Monkey Cage via Jonathan Bernstein (who summarized better than I can) A catch to Andrew Gelman for correcting an attempted but inaccurate catch by Alfred Moore, Joseph Parent and Joseph Uscinski, who thought they had caught Paul Krugman […]
Drought in Santa Cruz, CA is especially relevant because the city relies on precipitation for sources rather than the extensive systems in place for the state. There are other towns in the same dilemma, but watching policy develop to change behavior is interesting. Like bottled water in Head scratching use of water in a previous […]
Dr. Mark Harmon points us to a number of studies concerning the role of sugars in our public health arena and stunning changes over the last fifty years: This study of more than 40,000 people, published in JAMA Internal Medicine, accounted for all other potential risk factors including total calories, overall diet quality, smoking, cholesterol, […]
Put that way it sounds silly. I mean isn’t ISIS simply IN various parts of Iraq and Syria and wouldn’t US involvement in something like an all out attack on ISIS mean intervening in any number of civil wars? Well that depends on how smart your lawyers are (and I am only kind of smart […]
Dan here…Yves Smith reminds us on the announcement of a reported ‘biggest fine ever’ on Bank America that the deals, fines, and reporting on mortgage misconduct need careful interpretation. And a skeptical attitude. (partially re-posted…worth the trip over) by Yves Smith Bank Settlement Grade Inflation: High Bullshit to Cash Ratio in $17 Billion Bank of […]
Part 3 of Thomas Piketty’s Capital in the Twenty-First Century is the longest section of the book (230 pages out of 577), providing his analysis of inequality at the level of individuals. Notably, Piketty largely avoids the use of the familiar Gini index because, in his view, it obscures the issue by combining the effects […]
Noah Smith thinks on the implications of a feeling of belonging to America in relation to Fergeson, MI. Edward Harrison’s comments 6:21 PM are worth noting.
From Tom Dispatch author Matthew Harwood points out the rapid growth in the use of SWAT teams for regular police functions: In 1984, according to Radley Balko’s Rise of the Warrior Cop, about 26% of towns with populations between 25,000 and 50,000 had SWAT teams. By 2005, that number had soared to 80% and it’s […]