Friday, January 1, 2016

Friday video: in memory of Lemmy

In memory of Lemmy, here's a video by Ke$ha:

And if you don't get why, you're not listening.

Tuesday, December 29, 2015

Tim Taylor on Charles Dickens on the poor

Tim Taylor - Charles Dickens on the poor. Y'know, before you assert that things got better for the British poor after the Victorian era ended, you might want to read George Orwell's Road to Wigan Pier. The 1930s sucked as well.

Lemmy's dead, and other news

So Lemmy passed away last night, 4 days after his 70th birthday.

And there's a lesson we can all take from this: if you've been drinking a bottle of Jack Daniels every day for the past 50 years, for the love of god don't switch to vodka at age 69 "for your health".

Anyway, here's some news:

Calculated Risk - chemical activity barometer ends year with modest uptick. Which should mean industrial production goes positive again soon.

Robert's Stochastic Thoughts - there is no such thing as NAWRU. Yup, turns out that the data proves the Phillips curve is horizontal. The supposed correspondence between inflation and unemployment is based on a "spherical cow" assumption that output is employment; but did the macroeconomists ever scare up the slightest piece of data to prove it?

Bloomberg - Finland finally realizes it should never have joined the Euro common currency union. And what's great about this is that Finland has spent the past five years goose-stepping in line with Schauble, demanding austerity from the EZ periphery. Well, guys, now that the Nokia cash cow is gone, I guess you're just going to have to impose an internal devaluation on yourselves, eh? Fire all civil servants, privatize all industry, ban unions, jack up unemployment by 20%, eliminate all benefits, cut pensions, y'know? Karma's a bitch, Finland.

Fortune - the highest selling books in the US are adult colouring books. And thus Donald Trump becomes President.

National Interest - Moldova's drama on the Dniester. WHO THE FUCK CARES. Y'know, there are some countries that aren't even worth the electrons, and Moldova right now is three of them.

The - the Ewoks are dead. All of them. OK, that's good.