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Remarkable!

August 9th, 2013 · No Comments

Remarkable stories from the web in a new, easier format.

It is clear that “Abenomics” has been a remarkable branding success. But will it equally be an economic triumph? We think it can be, and initial signs are positive. But such success is not assured. It will require difficult decisions as the country moves into largely uncharted territory. And much will depend on changing expectations within the country.

Japan’s Three Arrows―Will They Fly? | iMFdirect – The IMF Blog

Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered. But they’re lies. You need to know why so you can spread the truth.

Robert Reich (The Three Biggest Lies about Why Corporate Taxes Should Be Lowered)

Pope Francis has made several stark comments on world economic issues: He’s cited the pitfalls of capitalism, decried global income inequality and equated low-wage labor to a form of “slavery.” He’s even described the financial corruption in the church he leads as a “spiritual sickness.”

A blunt Pope Francis targets free market economics

Along with fellow student and researcher David Lawrence, Mr. Van Albert showed off a software tool that used scans from a flatbed scanner of a highly advanced “secure” key design to create a 3D model of the key and then duplicate it via online printing services Shapeways (nylon; $5 USD) and i.Materialise (titanium: $150 USD).

DailyTech – MIT Researchers: Printable Keys Make Mechanical Locks Insecure

Imagine 100 Goldman Sachs banks running America and the world. It’s happening. Forget politicians, Big Banks rule the world.

Big Banks Conspiracy is destroying America – Paul B. Farrell – MarketWatch

Taibbi: “From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression.”

Big Banks Conspiracy is destroying America – Paul B. Farrell – MarketWatch

Romania is in the middle of a church-building boom, with some 10 new places of worship completed every month, and one vast cathedral slowly taking shape.

BBC News – Romania’s costly passion for building churches

Under civil forfeiture, Americans who haven’t been charged with wrongdoing can be stripped of their cash, cars, and even homes. Is that all we’re losing?

Sarah Stillman: The Use and Abuse of Civil Forfeiture : The New Yorker

When it comes to some of the health hazards of light at night, a new study suggests that the color of the light can make a big difference.

What color is your night light? It may affect your mood

maternal nicotine exposure during pregnancy is linked to asthma in the third generation in disease models. This is known as a “transgenerational” linkage because the third generation was never directly exposed to nicotine or smoking.

Great-grandmother’s cigarette habit could be the cause of child’s asthma

I recently took a test drive in one of Tesla’s luxurious Model S electric cars and toured its R&D labs, where it’s developing its battery and recharging technology. The experience left me believing that Tesla has an important edge over its competitors in the race to bring electric cars to the masses.

Tesla’s Novel Battery and Charging Technology | MIT Technology Review

A lot of very kind people have privately and publicly expressed their concerns that my site has been hacked for political reasons, perhaps because I am saying things that they think might anger important people in China.

The changing debate over China’s economy

Keynesians warned them. Monetarists warned them. Anbody with any common sense warned them, but no, they believed in their quack theories of expansionary fiscal contraction — even when conducted without the anaesthetic of monetary stimulus.

Defend Europe, if you still dare – Telegraph Blogs

if the program hits its goal of bringing the price of solar power down to the level of conventional power by the end of this decade — that would be a 75 percent drop from 2010 to 2020 — solar could provide more than a third of the North American West’s electricity by 2050. All this could be accomplished while hitting aggressive greenhouse-gas emissions goals and trimming annual electricity costs by $20 billion compared to the scenario now considered likely.

Obama’s Solar SunShot Could Deliver Big-Time : Greentech Media

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