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.
- What You Should Know About the Ebola Virus (Cleveland Health Clinic, MSN Health & Fitness) This is a more complete summary of information about Ebola than the GEI News ‘fact sheet article’ published last night. More about Ebola in the news article list below.
- Thomas Piketty can’t save us alone: Why bad economists are destroying American lives (Lynne Stuart Parramore, Alternet, Salon) This essay is an elucidation (rather than a book review) of a new book by former New York Times columnist Jeff Madrick, Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World via an interview by Parramore. The title of this argument refers to Thomas Piketty as insufficient (by himself) to initiate reform. Yet Piketty has spoken out along the same lines himself. See GEI News today: Piketty: “There is No Economic Science”
- AIG Bailout Trial Bombshell III: Paulson Lied to Congress About TARP (Yves Smith, Naked Capitalism) No one is better than calling out liars than Yves Smith. Her final paragraph is a good summary of her article, even if not as directly incriminating as some of the details that preceded:
Congress and the public took Paulson and Bernanke at their word as far as their plans for how to use the $700 billion was concerned. But you could see their real intent from the terms of the TARP itself. They refused to brook anything other than token restrictions on how they used a taxpayer-funded lifeline to reward banks and their executives* for incompetence and looting.
- Articles about conflicts and disease around the world
Ebola: Mapping the outbreak (BBC News)
War-war, not jaw-jaw (The Economist)
Fighting rages for control of Syria’s Kobane (Al Jazeera)
Iran Threatens to Chase Terrorists in Pakistan (Just Like US!) (emptywheel) Hat tip to Naked Capitalism.
Unfreezing Ukraine and the Bosnian endgame (FT Alphaville)
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