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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.
Darren Wilson Resigns From Ferguson Police Department (Huffington Post)
Kareem Abdul-Jabbar: White People Feel Targeted by the Ferguson Protests—Welcome to Our World (Time) Hat tip to Rob Carter.
WHO reports sharp rise in Ebola deaths (Al Jazeera)
Turkey wants to renew gas deal, Russian energy minister says (Hurriyet Daily News)
America’s Middle East Challenges (Project Syndicate) Former U.S. Assistant Secretary of State Christopher Hill says U.S. foreign policy vis a vis Iran and the Arab world has reached an impasse.
Mother of German MH17 victim sues Ukraine (Al Jazeera)
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People generally don't produce things individually. They produce things together, with the assistance of capital such as machines and buildings. So when a company hires you, its marginal productivity changes, because your presence affects the marginal productivity of everyone else at the company. In other words, in a competitive, classical economy, your wages are set not by your own effort and skill, but by how your effort and skill combine with the effort and skills of all the other people at the company, as well as all the company's capital assets.
The Downside of the Boom (The New York Times)
A Rare Peek Into The Massive Scale of AWS (EnterpriseTech) AWS = Amazon Web Services
Who is Organizing Attacks on President Obama? (Dan Lieberman, Alternative Insight) For an alternative to this Alternative Insight, see George Friedman: An Understated Problem and Possible Consequences (Sig Silber, GEI Opinion)
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