Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has an indictment of governments held ransom by the financial elite …….. and the last article is about the family home equity again functioning as a piggybank for saving rather than tapping for spending.
- Neoliberalism has spawned a financial elite who hold governments to ransom (Deborah Orr, The Guardian) “The crash was a write-off, not a repair job. The response should be a wholesale reevaluation of the way in which wealth is created and distributed around the globe.”
- “The Purge”: A Horror Flick About…Income Inequality?! (Asawin Suebsaeng, Mother Jones) Purge the unproductive?
- Brokers need to move from transactional to consultative (Nelson Griswold, Employee Benefit Advisor, 29 May 2013) The health insurance broker is obsolete. Former brokers who survive will be consultants, paid by fees, rather than salesmen paid by commission. (Note: Registration for free access required.)
- Inflation Is Still the Lesser Evil (Kenneth Rogoff, Project Syndicate) Rogoff rehab continues?
- What the Human Face Might Look Like 100,000 Years from Now (Dina Spector, Business Insider)
- California’s Modest Rates: Behind the Numbers (Bruce Shutan, Health Insurance Exchange) Critics say “just a minute” on California’s apparent health care cost controls under the Obamacare insurance exchange.
- Why Privacy Matters Even if You Have ‘Nothing to Hide’ (Daniel J. Solove, The Chronicle of Higher Education, 15 May 2011) Hat tip to Nathan Yau, Flowing Data.
- How Financial News Gets It Wrong (Marshall Jaffe, AdvisorOne)
- Internet monitoring system to stalk social media users who question safety of vaccines (Jonathan Benson, Natural News, 31 May 2013) Hat tip to Russell Huntley. Sinister.
- Q1 2013: Mortgage Equity Withdrawal Strongly Negative (Bill McBride, Calculated Risk, 10 June 2013) The home equity piggy bank is collecting not distributing right now.
