Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about the military-industrial-pundit complex …….. and the last article presents convincing data about the lack of a global economic recovery.
- The Military-Industrial-Pundit Complex (Amy Goodman, Juan Gonzalez, Democracy Now!, Reader Supported News) Hat tip to Rob Carter.
- This is why Obamacare is canceling some people’s insurance plans (Sarah Cliff, The Washington Post) Moral of the story: If you have something that is grandfathered you can’t change it and remain a grandfathered something.
- Solar power and the electricity death price spiral (Unconventional Economist, Macro Business) As solar power volumes go up, the price comes down. At the same time fixed costs with lower consumption drive the cost per unit of conventional electricity up. That drives additional solar installations, etc. Death spiral for electrical utilities. Utilities will only be able to survive with government subsidies.
- A History of Residential Construction in the United States (Vizual Statistix)
Click on graph for larger image at Vizual Statistix (Tumblr).
- OCC Replies to Elizabeth Warren Reveal Extent of Regulatory Capture on Derivatives (Yves Smith, Naked Capitalism) This will take several minutes to read but it is worth an order of magnitude more time for the content.
- New optical disc can store information “for a billion years” (Dario Borghino, gizmag)
- Low and declining Eurozone inflation – time to act (merrijnknibbe, Real-World Economics Review Blog) How much of the world can become Japan?
- Would Democrats embrace JFK now? (Jeff Jacoby, Boston Globe) Hat tip to John O’Donnell. Jacoby doesn’t think he would even be a Democrat today. Reading this, Econintersect follows the logic to a strange thought (not expressed directly in the article): Had JFK not been assassinated there never would have been a Reagan presidency – Kennedy would have pre-empted the Reagan revolution in his second term.
- Makers and Takers (Invuctus, The Big Picture) Read also Journey to the Center of the Financial Earth (Reverse Engineer, GEI Analysis)
- No Global Recovery Yet (Ambrose Evans-Pritchard, The Telegraph) Looks like the curves are asymptotically approaching a value that is just above zero growth. Is that called “stalling out”?