What We Read Today 16 October 2014

October 16th, 2014
in econ_news, syndication

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.

Follow up:

  • Easiest India Subsidy Fix Tests Modi as Rajan Makes Push (Debjit Chakraborty, Bloomberg) With crude in free-fall there could not be a better time for Modi to reform India's energy markets to spur growth. This article suggests he could also raise natural gas prices to create incentives for domestic exploration and production.
  • Skunk Works Reveals Compact Fusion Reactor Details (Guy Norris, Aviation Week) Gary of GEI Live Market Commentary discovered this gem. Ever since the demonstration of the vastly greater energy from nuclear fusion compared to nuclear fission by contrasting the atomic bomb to the hydrogen bomb, there has been a dream of harnessing fusion in a controlled reaction. Such an eventuality could produce vast amounts of thermal (and electrical) energy from small devices and continuously operating compact power sources for earth and space travel which could provide continuous power for years without refueling. Lockheed Martin has revealed a project which is expected to reach prototype stages within five years and at least one design unit in production in ten.


  • Scientists Close In on Creating Black Hole in Lab (Ron Cowen, Nature, Scientific American) Well, not a real black hole, but a sound wave analog (imitation) of the hypothetical electromagnetic wave event. From how Econintersect reads this proposed experiment, it will be an attempt to create at temperatures approaching absolute zero a decoupling of destructively interfering sound waves with one surviving and the other losing its energy to the "thermal black hole". The result would be the appearance of sound where none had existed before in much the same way that Hawking radiation has been proposed to be emitted from matter-antimatter pairs separating at the event horizon of an electromagnetic black hole. Hawking radiation has never been observed (detected) - a sonic simulation could serve as an existence proof of possibility. If you have followed this discussion up to this point, get another cup of coffee and move on - we have gone beyond our pay grade and better stop.
  • Recent articles about Scotland Independence and Similar Movements

What the United States Can Teach the U.K. About Federalism (Brookings Institute)

Catalonia presses ahead with symbolic Spain secession vote (BBC News) Now it's a "non-binding referendum".

  • Articles about conflicts and disease around the world


Dallas nurses describe Ebola hospital care: 'There was no protocol' (Los Angeles Times)

Dallas Ebola Nurse Amber Vinson 'Should Not Have Traveled,' CDC Head Says (NBC News, Wed. am)

Amber Vinson, Dallas Ebola Patient, Says CDC Gave Her Green Light To Fly (Huffington Post, Wed. pm)

New Ebola patient to be transferred to Atlanta (USA Today)

Obama orders CDC rapid response team to go to any future Ebola cases (CNBC) Hat tip to Marvin Clark.

Ebola: bats get a bad rap when it comes to spreading diseases (The Conversation)


New charges brought over 2012 Benghazi attack (Al Jazeera)


It's official: US won't be working with current Syrian rebel groups to battle Islamic State (Tribune News Service, MSN News)

Watch Out, ISIS, Dutch Biker Gangs Are Coming for You (Foreign Policy)


Exclusive: Washington Wants NATO Allies to Help Retrain the Iraqi Military (Foreign Policy)

Al Jazeera exclusive: New footage of ISIL fighters and their tactics (Al Jazeera)

Bush Defenders Say the New York Times Just Vindicated the Iraq Invasion (Foreign Policy)


With weeks to go, miles apart in Iranian negotiations (Al Jazeera)


Russia's warning to the Baltics tests NATO (Al Jazeera)

Hong Kong

Sorry, Eric X. Li, Democracy Is Not the Problem Hong Kong's pro-democracy activists aren't radicals or revolutionaries. But that's what Beijing wants you to believe. (Foreign Policy)

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