Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list is about the incorrect previously believed isolation of the Australian aboriginal population......... and the last story is about an realtor's optimistic view of the national housing market. There are also three articles about the changing face of energy economics.
- Genomes Show Indians Influx to Australia 4,000 Years Ago (Ed Yong and Nature magazine, Scientific American)
- JPM – Madoff Laundromat “Cleans” Empty Suits (Larry Doyle. Sense on Cents)
- Some One Penny Bets (James Stuart, New Economic Perspectives)
- Kansas Education Cuts Unconstitutional, Court Rules (Jim Malewitz, Huffington Post)
- Founding Father of the Quants Was Revolutionary Marxist (Colin Read, Bloomberg) Hat tip to The Big Picture. Unfortunately the story stops before mentioning the Achilles heel of quants: financial data does not fit the Gaussian normal distribution (bell curve) used in analysis.
- Railroad Stocks Move Beyond King Coal (Chad Fraser, Investing Daily)
- When Natural Gas Replacing Diesel in Frac Jobs (EconMatters) EconMatters is a Global Economic Intersection contributor.
- Photovoltaics beat biofuels at converting sun's energy to miles driven (R&D Magazine) The ethanol for fuel program is orders of magnitude more expensive than using solar cells for electrcity for electric cars.
- Yet more on the floor with Paul Krugman (Steve Randy Waldman, Interfluidity) Steve Randy Waldman is an ocassional contributor to Global Economic Intersection.
- Top 10 Predictions for Housing in 2013: RE/MAX Co-Founder Sees 2013 as the Best in Years (RE/MAX) Is this a legitimate assessment of the residential market or just propoganda whistling past the graveyard? Read the GEI News report of the CoreLogic assessment - more than 10 million homes are still underwater.