Wednesday, February 4, 2015

Some Wednesday morning news

Here's some edification:

Calculated Risk - inflation, unemployment and demographics. Among other things, he notes that the retirement of the baby boomers and replacement with the new cohort of just-turned-working-age twentysomethings could be a demographic contributor to low aggregate wage growth, as the retiring boomer is paid a lot more money than the young kid who replaces him. If so, you better hope the Fed knows this and takes it into account.

Bespoke - Ford truck sales rebound in a big way. So quit selling Ford, dumbass!

IKN - Scotia on Captsone Mining. I am enthralled by the elegant brushstrokes of MS Paint. What's so great about textboxes, anyway? Textboxes are like fascism.

Oregon Live - Stephen Fry calls god a maniac. No argument here! Quote:
Gabriel "Gay" Byrne, the 80-year-old host of the show, asked Fry what he would say to God if he found himself standing in front of the Pearly Gates.

Fry didn't hold back.

"I'd say, 'Bone cancer in children? What's that about? How dare you. How dare you create a world in which there's such misery that's not our fault. It's not right. It's utterly, utterly evil. Why should I respect a capricious, mean-minded, stupid God who creates a world that is so filled with injustice and pain?' That's what I would say."
He then added that if he met the 12 Greek gods at heaven's entrance, "I would have more truck with it. They didn't pretend not to be human in their appetites, and in their capriciousness, and in their unreasonableness. They didn't present themselves as being all-seeing, all-wise, all-kind, all-beneficent. Because the god who created this universe, if it was created by a god, is quite clearly a maniac. Utter maniac. Totally selfish. We have to spend our life on our knees thanking him? What kind of god would do that?"

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