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What We Read Today 25 May 2017

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Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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What We Read Today 24 May 2017

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

BECOME A GEI MEMBER - IT's FREE!

Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

Read more ...




 more features, analysis, studies, and news published in the last week

Documentary Of The Week: Can We Avoid Another Financial Crisis?

Written by John Lounsbury

Econintersect: Steve Keen was interviewed earlier this month by Rachel Rickard Straus on the Daily Mail's 'Big Money Questions'. He explained how another financial crisis could be avoided and why the necessary actions will not be taken in the next several years. However, he does expect the world will take action in the longer term.

SteveKeen

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Infographic Of The Day: Animation: The Collapse Of The Middle Class In 20 Major USA Cities

The fact is many people have less money in their pockets - and understandably, this has motivated people to take action against the status quo.

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Video of the Day:

Almost all of us set ourselves a new goal and in the end fails to achieve them. We end up telling ourselves that we’re just not ready yet, that we’ll do it next week, next month...next year. it’s time to take this whole ‘starting a new life’ thing more slowly. Why does it always turn out like this? The answer’s fairly obvious: Because we try to achieve too much, too fast; because we get sick of the new responsibility; because it’s difficult to change old habits and try something new.


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Current Weather Outlook

Written by

Ocean temperature anomalies this week are far less dramatic than last week. Perhaps this suggests less drama in the forecasts. We discuss again why we believe the calls for an El Nino are a bit bizarre. Mostly we discuss the current 6-10 Day, 8-14 Day and Week 3-4 forecasts for the U.S. which surprisingly are more controlled right now by the Atlantic and Gulf of Mexico than the Pacific.  We also review the overall World situation.

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 more investing, markets, precious metals & forex

25May2017 Market Close: NASDAQ And SP 500 Close A Record Highs; Amazon Nears $1,000; Oil Drops 4%



 more opinion

The Tyranny Of Competence: Why It Is Bad For Us To Be 'Good Enough'

from The Conversation

-- this post authored by John Preston, University of East London

Our modern working lives are ruled by the concept of competence. Competence based interviews are used to decide if we should get a job. If we do get the job, we are then trained to achieve competency in the workplace. And we might lose that job if we don't maintain at least a competent performance.

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 USA economy at a glance (boxed items are updates in last 7 days)

May 2017 Kansas City Fed Manufacturing Remains Positive and Improves

Of the four regional manufacturing surveys released for May, one is in contraction whilst the rest are in expansion.

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