Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is an acerbic review of what the neocon transformed America has become …….. and the last article discusses why Microsoft has become too big to manage.
- Wheels Falling Off the Imperial Reality-Creating Machine (Lambert Strether, Naked Capitalism) Lambert Strether has contributed to Global Economic Intersection. Be sure to read this acerbic review of what the neocon transformed America has become.
- Misreading Chinese Rebalancing (Stephen S. Roach, Project Syndicate) See also Michael Pettis’ latest analysis.
- These Are Disturbing Claims – With Implications For Our Nation’s Cultural Kinetics (Roger Erickson, Mike Norman Economics)
” In a few short decades the West undercut 150 years of legal reforms that made the global economy possible.” Hernando de Soto
- The death of the statistician (Vincent Granville, Analytic Bridge) Hat tip to Amy Cordan. Data analysts and data scientists are replacing statisticians. But, curiously, big data and hadoop are replacing data science.
- 20 Things 20-Year-Olds Don’t Get (Jason Nazar, Forbes)
- Teen employment hits record lows, suggesting lost generation (Kevin G. Hall, McCatchy)
- Cooler Spending in U.S. Signals Slow Start for Quarter: Economy (Michelle Jamrisko, Bloomberg) Read also GEI Analysis.
- 9 questions about Syria you were too embarrassed to ask (Max Fisher, The Washington Post) Hat tip to Elizabeth Reed.
- Euro area unemployment rate at 12.1% (Eurostat) A true depression for half of Europe.
- Chart of the Day, Microsoft Edition (Felix Salmon, Reuters) The Nokia aquisition simply takes Microsoft from TBTM (too big to manage) to MTBTM (much too big to manage).