Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list asks what has Edward Snowden revealed that was not already known ........ and the last article is about the record number of second quarter profit warnings from Wall Street.
- If Edward Snowden Had Watched '60 Minutes' In High School He Could Still Be Living In Hawaii With His Beautiful Girlfriend (Nicholas Carlson, Business Insider)
- How not to do economic forecasts (Diane Coyle, The Enlightened Economist) A discussion about economic modeling and statistics as the focal point of a review of Nate Silver’s The Signal and The Noise: The Art And Science of Prediction.
- The More Things Change, The More They Stay the Same: 75 Years of American Finance, 1861-1935 (Stephanie Kelton, New Economic Perspectives) Stephanie Kelton has contributed to Global Economic Intersection. Read this fascinating diagram of U.S. economic history.
- Ancient Roman Concrete Is About to Revolutionize Modern Architecture (Bernhard Warner, Bloomberg) Hat tip to Naked Capitalism.
- Is a Sleeping Climate Giant Stirring in the Arctic? (Alan Buis, Jet Propulsion Laboratory, NASA News) Hat tip to Roger Erickson.
- NSA spying flap extends to contents of U.S. phone calls (Declan McCullagh, c/net) Hat tip to Yves Smith via Twitter. National Security Agency discloses in secret Capitol Hill briefing that thousands of analysts can listen to domestic phone calls. That authorization appears to extend to e-mail and text messages too.
- Michael Burgess: I Oppose Abortion Because Male Fetuses Masturbate (Jennifer Bendery, Huffington Post) Amazing what an active imagination can attribute to what are probably random motions. Some people see Christ's image on their toast, too.
- Could Economic Blogging Get Any More Boring? (The bonddad blog)
- Harvard’s Grumpy Ferguson Says World Is Going to Hell (Joe Mysak, Bloomberg)
- Second-quarter profit warnings target record (Matt Andrejczak, MarketWatch)