Wednesday, July 27, 2011

snake oil or cure all?

snake oil or cure all?: "


From Information is Beautiful. Larger circles indicate popular supplements. Y-axis indicates clinical evidence of evidence. Higher is better.


The End of Eurosclerosis - NYTimes.com

The End of Eurosclerosis - NYTimes.com

The End of Eurosclerosis

I’ve written a number of times about the weird way American perceptions of Europe seem stuck in the past. It’s common — especially on the right, but more broadly too — to see Europe as a land of stagnant economies and lack of jobs. This vision had some truth in the 1990s, but was becoming less and less true even before the crisis, which hit US employment much harder than European employment.

The New York Fed has noticed. Via Mark Thoma, the Liberty Street blog has a piece on the vanishing US-EU employment gap. If you want a simple takeaway, here’s the picture:

More detailed analysis shows that the remaining gap comes from lower employment rates in Europe for the young and old; prime-age workers, especially men, are if anything more likely to be working in Europe.

And you should note that this European performance comes despite the fact that tax levels and levels of social benefits are vastly higher than they are here. Any US politician proposing even a partial move in Europe’s direction would be accused of being a job-killer. Somehow, though, the jobs survive.

Oh, and as many people have noticed, America now has European levels of joblessness without a European safety net. We’re definitely leading in the misery race.

Tuesday, July 26, 2011

Guess Who's Tanking?

Guess Who's Tanking?: "Not us, today." By Paul Krugman


Many people feared a calamitous morning in the markets, as investors reacted to the continuing stalemate over the debt ceiling. Well, it has been fairly calamitous — but not for the United States. The big news, instead, is that Italian and Spanish spreads — the difference between interest rates on their bonds and interest rates on (presumably safe) German bonds — have widened drastically again. Last week’s big rescue plan apparently didn’t restore confidence.
Sometimes it looks as if the Europeans and the Americans are in a contest to see who can do the most to mess up an economy that should be very strong. Today, surprisingly, the Europeans seem to have won a round.

Tuesday, July 19, 2011

Tina Fey: “A Prayer for My Daughter”

Tina Fey: “A Prayer for My Daughter”: "

First, Lord: No tattoos. May neither Chinese symbol for truth nor Winnie-the-Pooh holding the FSU logo stain her tender haunches.

May she be Beautiful but not Damaged, for it’s the Damage that draws the creepy soccer coach’s eye, not the Beauty.

When the Crystal Meth is offered, May she remember the parents who cut her grapes in half and stick with Beer.

Guide her, protect her when crossing the street, stepping onto boats, swimming in the ocean, swimming in pools, walking near pools, standing on the subway platform, crossing 86th Street, stepping off of boats, using mall restrooms, getting on and off escalators, driving on country roads while arguing, leaning on large windows, walking in parking lots, riding Ferris wheels, roller-coasters, log flumes, or anything called “Hell Drop,” “Tower of Torture,” or “The Death Spiral Rock ‘N Zero G Roll featuring Aerosmith,” and standing on any kind of balcony ever, anywhere, at any age.

Lead her away from Acting but not all the way to Finance. Something where she can make her own hours but still feel intellectually fulfilled and get outside sometimes and not have to wear high heels.

What would that be, Lord? Architecture? Midwifery? Golf course design? I’m asking You, because if I knew, I’d be doing it, Youdammit.

May she play the Drums to the fiery rhythm of her Own Heart with the sinewy strength of her Own Arms, so she need Not Lie With Drummers.

Grant her a Rough Patch from twelve to seventeen. Let her draw horses and be interested in Barbies for much too long, For childhood is short – a Tiger Flower blooming Magenta for one day – And adulthood is long and dry-humping in cars will wait.

O Lord, break the Internet forever, That she may be spared the misspelled invective of her peers and the online marketing campaign for Rape Hostel V: Girls Just Wanna Get Stabbed.

And when she one day turns on me and calls me a Bitch in front of Hollister, Give me the strength, Lord, to yank her directly into a cab in front of her friends, For I will not have that Shit. I will not have it.

And should she choose to be a Mother one day, be my eyes, Lord, that I may see her, lying on a blanket on the floor at 4:50 A.M., all-at-once exhausted, bored, and in love with the little creature whose poop is leaking up its back.

“My mother did this for me once,” she will realize as she cleans feces off her baby’s neck. “My mother did this for me.” And the delayed gratitude will wash over her as it does each generation and she will make a Mental Note to call me. And she will forget. But I’ll know, because I peeped it with Your God eyes.

Amen.

From her new book.

Hat tip to sister Shelly.



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Sunday, July 17, 2011

How to spot trouble

PERHAPS it's an indicator of a low birth rate (so no one to pay for future pensions). Maybe it hints at a lack of ambition and accountability. Or maybe it's a sign of a civilisation in the final stage of decline. Whatever explains it, the correlation is remarkable:

If he lives with his parents, you might want to think twice. About buying his government's debt.

30 Things We Need — and 30 We Don't


WE NEED LESS: WE NEED MORE:
Information Wisdom
Shallow billionaires Passionate teachers
Self-promotion Self-awareness
Multitasking Control of our attention
Inequality Fairness
Sugar Lean protein
Action Reflection
Super sizes Smaller portions
Private jets High-speed trains
Calculation Passion
Experts Learners
Blaming Taking responsibility
Judgment Discernment
Texting Reading
Anger Empathy
Output Depth
Constructive criticism Thank-you notes
Possessions Meaning
Righteousness Doing the right thing
Answers Curiosity
Long hours Longer sleep
Complaining Gratitude
Sitting Moving
Selling Authenticity
Cynicism Realistic optimism
Self-indulgence Self-control
Speed Renewal
Emails Conversations
Winning Win-win
Immediate gratification Sacrifice

"Dont smile at people" in New York

"Dont smile at people" in New York: "














"Dont smile at people" in New York

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Facebook & its double standard on sharing

Facebook & its double standard on sharing: "
Mark Zuckerberg announced the Skype-Facebook collaboration yesterday and showed off a great product built by the Skype team. As he talked about the world, he amplified his long held belief that people love to share and sharing on Facebook will only keep growing. He’s held that belief for a long time and talked about it first in 2008. Yesterday, he equated what is being dubbed as Zuckerberg’s Law to Moore’s Law. It makes perfect marketing sense that he would do that.

For me, data is the plastic of the 21st century, something I have said again and again. My belief in the disruptive power of data prompted me to start writing about it long before it became fashionable and we organized a gathering around it as well. I am even working on a book around it. Thus, I was excited to hear Zuckerberg talk at length about data and its capabilities.


Photo courtesy of Inside Facebook

So I set off to write about Facebook and its data-centric approach to the web. To supplement my writing, I asked the Facebook public relations team if they would be kind enough to share a slide with me from Mark’s presentation — the slide you currently see in the post . . . thanks to my friends at Inside Facebook. (I wanted a higher resolution photo than the one pictured versus using a screen grab from the Facebook video livestream).

But the Facebook PR team decided that they didn’t want to share that slide. That answer did catch me by surprise. I mean, I wasn’t asking for a trade secret or an exclusive piece of information. I was asking for a piece of a document that had already been shared publicly. First I was annoyed; Irritated even. But I decided to let it go.

And then I thought about it some more. The answer from Facebook’s press team is reflective of what is Facebook’s corporate DNA of hoarding information. The company’s approach to data is that of a one way street: use any of its products — Facebook Connect, Facebook Comments, Facebook Likes — and you keep sending data into the giant Facebook brain.

When you want to take something out of the Facebook borg — well, that isn’t going to happen. And when you do get access to the data, it is in a limited fashion for a select few companies.

I have been around long enough to know that companies have a way of putting on a happy face. Just as I don’t buy into the “do no evil” nonsense from Google, I have been skeptical of Facebook and its friendliness.

On paper, it is a mere slide from a PowerPoint, but in reality it is the true reflection of a double standard on sharing by Facebook. I think next time Mark or his brilliant CTO Bret Taylor talk about sharing, they should also remember the age old saying — actions speak louder than words.










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Hate it

Hate it: "

Hate it



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