Posts Tagged ‘the economy’
* The wisdom of markets: hacked @AP Twitter account sends Dow Jones Industrial Average tumbling 150 points in a few seconds.
* Graduate school and the peak-end heuristic. It’s a thing!
Peterson, who has a masters in linguistics from the University of California–San Diego and founded the Language Creation Society, spent twelve to fourteen hours a day, every day, for two months working on the proposal that landed him the Thrones job. When he was finished, he had more than 300 pages of vocabulary and notes detailing how the Dothraki language would sound and function. “The application process favored those of us who were unemployed at the time, which I was,” Peterson laughed.
* And a little something for the whatthefuckaricans out there: Marc Maron…IN SPACE.
* Pay student athletes: Louisville’s Kevin Ware suffers gruesome leg injury. Will Ware be stuck with the bill?
Louisville sophomore Kevin Ware’s injury today in the Midwest Regional finals of the NCAA tournament will likely be remembered alongside Joe Theismann’s career-ender as one of the most tragically gruesome in sports history. But that’s not the only tragic and gruesome part of this episode, because unlike Theismann, who was working under a guaranteed contract, Ware was an NCAA athlete helping to generate millions of dollars for the NCAA, but not even guaranteed a four-year education scholarship. As in so many other similar cases, that means his injury in service to the NCAA’s multimillion-dollar machine could spell the end of his financial aid and massive healthcare bills to boot.
* From the comments on this New York Times piece on the forgotten legacy of slavery in American capitalism: During college at UNC I studied slavery often in my English major classes but it was never mentioned during an Economics course.
* The idea that men are naturally more interested in sex than women is ubiquitous that it’s difficult to imagine that people ever believed differently. And yet for most of Western history, from ancient Greece to beginning of the nineteenth century, women were assumed to be the sex-crazed porn fiends of their day.
* Is it fair to force low-income children to bear the burden of fiscal adjustment? According to data available on the economist Emmanuel Saez’s invaluable Web site, from 1993 to 2011, average real income for the bottom 99 percent of the population (by income) rose by 5.8 percent, while the top 1 percent experienced real income growth of 57.5 percent. The top 1% captured 62% of all income growth over this period, partly owing to a sharp rise in returns to higher education in recent decades. (On average, those with only a high school education or less have few good income prospects.)
* The angels have lost their desire for us: Hurricane Sandy has cost Ocean and Monmouth counties more than $5 billion in
property taxes tax ratables. (ED: Whoops.)
* BREAKING: Everything got worse in 1981.
* There’s got to be a better way! Scenes from infomercials.
* And just because: How to make a “Bells of St. John” wifi name.
* “Too few questions were asked, too many assumptions were allowed to go unchallenged, too many voices of doubt were muffled or rejected in a toxic atmosphere of patriotism, ignorance and political fear.” No, he’s not talking about the Obama administration’s current policy of ubiquitous drone-backed assassination! He’s talking about Iraq.
* Slaughter critically reviews the history of the AAUP, and finds that since its inception in 1915, it has failed either to claim in theory, or to defend in practice, a concept of academic freedom sufficiently robust to ensure even the basic civil liberties of faculty in the “danger zone” of politically sensitive scholarship in the social sciences, let alone their ability to develop research in these fields without fear of politically motivated reprisals. Even one AAUP president, William Van Alstyne, has stated that the AAUP’s standards of professional accountability for public statements restrict faculty utterances in ways that would be unacceptable in the context of the constitutional law of civil liberties. Slaughter also argues that the AAUP has placed excessive emphasis on tenure, bargaining away other aspects of academic freedom to obtain job security, and that the tenure-review process itself is the principal mechanism by which conservative biases in the faculty are perpetuated, particularly in times of financial exigency when the refusal to grant tenure to young radical faculty can be rationalized as non-political.
“I think about it,” Westbrook said Friday. “I think everybody has their own personal battles, own personal demons. So I think Junior was not only dealing with concussions but he was also dealing with other things. But I often wonder the long-term effects of everything — playing with the bad knee, playing with the ankle, and of course the concussion situation. I think about it all the time, every time I wake up and can’t remember the name of someone I once knew. I always think about it.”
Marquette, meanwhile, is almost certainly the weakest No. 3 seed this year, and has about a 35 percent chance of being upset by No. 14-seeded Davidson in its opening game. Instead, a Round of 16 game against No. 4 Syracuse in Washington could be Indiana’s toughest test.
* Sometimes the most radical ideas are those which at first sound most banal. For example, when Detroit Emergency Manager (EM) Kevyn Orr and Michigan governor Rick Snyder describe the citizens of Detroit as “customers,” it barely registers as a platitude. At first glance, it’s just another example of how marketing-speak has encroached on the language of politics; similar to how a candidate for higher office might say that government ought to be run like a business, or compare the president to a CEO.
But the description of citizens as customers—an analogy repeatedly invoked by Snyder to justify suspending the powers of Detroit’s local government and putting the city under Emergency Management—is different. It refers not only to citizens, but to the fundamental character of the government’s relationship with its citizens.
* Steubenville, actually existing media bias, and the view from nowhere. The Egregious, Awful and Downright Wrong Reactions to the Steubenville Rape Trial Verdict. Steubenville and the misplaced sympathy for Jane Doe’s rapists. Steubenville Shows the Bond Between Jock Culture and Rape Culture. On Rape, Cages, and the Steubenville Verdict. Why Does Steubenville’s Football Coach Still Have His Job? What the hell is wrong with CNN?
* Gates McFadden’s Beverly Crusher Action Figure Tumblr. I can’t even begin. Via MetaFilter.
The United States government totally collapsed during season 4. At least, that’s what a prop newspaper created for use during “Hush” claims — apparently the United States House and Senate both dissolved as governing bodies, replaced by a shadowy group known only as “The Surviving Members of Queen.” Even though Brian May, Roger Taylor and John Deacon and “digitally enhanced voice samples of Freddie Mercury” might not actually have U.S. citizenship. Meanwhile, then-President Clinton faced another scandal after he tested positive for presidency-enhancing drug Crovan.
* And the RNC autopsies what went wrong.
* Two bad tastes that taste good together: Rand Paul filibusters drones.
* Apocalypse now: The amount of heat-trapping carbon dioxide in the air jumped dramatically in 2012, making it very unlikely that global warming can be limited to another 2 degrees as many global leaders have hoped, new federal figures show.
* The entrapment defense rarely succeeds, both in terrorism cases and more quotidian (usually drug-related) prosecutions, largely because “entrapment” means something very different in a courtroom than it does in ordinary usage. For nearly a century, the federal courts have allowed a criminal defendant to dodge criminal liability by showing that the governmentinduced her to commit an unlawful act. Once the accused makes such a showing, however, the government still has the opportunity to prove that she was predisposed to commit the crime, even before government agents entered the picture. If a jury accepts the government’s characterization, other factors—the nature or size of the “bait,” the complexity of the government artifice, or the independent wherewithal of the defendant to commit the crime—basically don’t matter: the defendant is still guilty. This means that when entrapment is at issue, the personality, reputation, criminal history, and political or religious beliefs of the accused become the centerpiece of the trial. Post-9/11 juries have had little trouble concluding that the disaffected Muslims (and occasional anarchists) ensnared by the FBI have been sufficiently “predisposed” to engage in terrorism.
* #slatepitches: What SimCity Teaches Us About Real Cities of the Future.
* Ephemeral third ring of radiation makes appearance around Earth. If we lived in a comic book, I bet this story would be fifteen times as awesome.
* And the latest issue of The New Inquiry posits time is the fire in which we burn.
1. Royalty of Rs. 5000/- Indian Currency will have to be paid to His Majesty’s Government of Nepal for a permit to carry out an expedition in search of ‘Yeti’.
2. In case ‘Yeti’ is traced it can be photographed or caught alive but it must not be killed or shot at except in an emergency arising out of self defence. All photographs taken of the animal, the creature itself if captured alive or dead, must be surrended to the Government of Nepal at the earliest time.
3. News and reports throwing light on the actual existence of the creature must be submitted to the Government of Nepal as soon as they are available and must not in any way be given out to the Press or Reporters for publicity without the permission of the Government of Nepal.
* What could possibly go wrong? We Need To Start Running Schools Like Hedge Funds.
* And what could possibly go wrong? Billionaire unveils new ‘Titanic II’ cruise ship design.
* Breaking: Liberal arts majors didn’t kill the economy.
* In the beginning, God created the wealth and the jobs. Now the wealth was a formless void and darkness covered the sources of value, while the spirit of capitalism hovered over the depths. And then God said, “Let there be jobs,” and there were jobs. And God saw that the jobs were not very good; and God separated the jobs from the surplus-value. God called the surplus-value Wealth, and the jobs he called Generosity. And there was evening and there was morning, the first day. Genesis 1: A Neoliberal Account.
* Janet Stephens, amateur hairdressing historian. Fun story, despite the classist overtones.
* Fox News screws up every day, but this one is pretty classic.
* There’s obviously some sort of long-term plan here that I don’t yet understand, like the time-bombs hidden in No Child Left Behind: North Carolina to formalize two “tracks” of high school diplomas, “job-ready” and “college-ready.”
* The Talmudic solution to the drone crisis: invent (another) secret, unaccountable court system in lieu of actual due process.
* And George Bush, painter.
It is hard for me to avoid the conclusion that the sensationalism surrounding the “student loan bubble” stems from the fact that the majority of writers for progressive publications are either relatively recent college graduates or people with vivid memories of their own student debt. Hence they jump on the issue, making themselves and people like them the center of attention — while ignoring the vast wave of proletarianization that is beginning to make the United States a major competitor in the global sweepstakes to attract capital with low wages (and in fact, many self-styled progressive writers seem to buy into Obama’s incoherent view that greater access to college will in itself somehow help with inequality and wage stagntation).
* A comprehensive new Harvard University report on Americans under 30, the so-called Millennials, shows that the economy is having a crushing impact, with just 62 percent working, and of those, half are toiling at part-time jobs.
* Malcolm Harris reviews Haneke’s Amour, in the new TNI.
* This Tumblr post does a good job explaining what’s appealing about the Harmontown podcast while unhappily bracketing the racism and misogyny that can sometimes make the show a challenging listen.
* Also in Community news: Alison Brie and Gillian Jacobs hype the new season of Community, starting tonight. Gillian Jacobs on Comedy Bang Bang. Yvette Nicole Brown on the Nerdist podcast, where she reveals her secret past as a member of the East Coast Family.
* Walter Bishop as the villain in Star Wars 7? Oh, all right.
* Stephen King points out a Shining prequel is a really dumb idea. Alas, his Shining sequel doesn’t sound great, either.
* Of course you had me at time travel web comic: Paola-4.
* And spotted on Facebook: Postcolonial Space Explorer.
* Bady and Konczal: The Slow Death of Higher Education.
* Modest HUUUUUUUGE job gains in September. So huge.
* The wisdom of markets: Man in a “drunken blackout” bought 69 percent of the global market in oil futures.
* Rogue. Assassin. Orc. What else is Santiaga hiding?
* Map of the night: left-right reversed United States.
* Why don’t I already have a TARDIS bookshelf? Of course, the best feature is that it’s bigger on the inside.
* And Saturday Morning Breakfast Cereal presents: The Human Condition(er).
* I just want to hear him deny it: Chris Christie Denies Falling Asleep at Springsteen Show.
* But the preferences of developed, aging polities — first Japan, now the United States and Europe — are obvious to a dispassionate observer. Their overwhelming priority is to protect the purchasing power of incumbent creditors. That’s it. That’s everything. All other considerations are secondary.
* I know some people who have this: Witzelsucht (the Germans just have the best words for everything, don’t they?) is a brain dysfunction that causes all sorts of compulsive silliness: bad jokes, corny puns, wacky behavior. It’s also sometimes called the “joking disease,” and as Taiwanese researchers phrased it in a 2005 report, it’s a “tendency to tell inappropriate and poor jokes.”
* Tumblr of the day: Context-Free Patent Art.
* Cheap theatrics, but okay, you got me: “President Barack Obama sits on the famed Rosa Parks bus at the Henry Ford Museum following an event in Dearborn, Mich., April 18, 2012.”
* In a 2008 study, Susanne Jaeggi and Martin Buschkuehl, now of the University of Maryland, found that young adults who practiced a stripped-down, less cartoonish version of the game also showed improvement in a fundamental cognitive ability known as “fluid” intelligence: the capacity to solve novel problems, to learn, to reason, to see connections and to get to the bottom of things. The implication was that playing the game literally makes people smarter.
* Eric Rabkin is doing an open course on fantasy and science fiction. Details at the link.
The Vatican has appointed an American bishop to rein in the largest and most influential group of Catholic nuns in the United States, saying that an investigation found that the group had “serious doctrinal problems.”
The Vatican’s assessment, issued on Wednesday, said that members of the group, the Leadership Conference of Women Religious, had challenged church teaching on homosexuality and the male-only priesthood, and promoted “radical feminist themes incompatible with the Catholic faith.”
The sisters were also reprimanded for making public statements that “disagree with or challenge the bishops, who are the church’s authentic teachers of faith and morals.” During the debate over the health care overhaul in 2010, American bishops came out in opposition to the health plan, but dozens of sisters, many of whom belong to the Leadership Conference, signed a statement supporting it — support that provided crucial cover for the Obama administration in the battle over health care.