Its the unofficial last day of the summer before a 3 day weekend. And something about jobs? Finish your summer strong with our morning
train beach reads:
• Machines do replace humans. In fact, replacing humans is often entirely the point (Atlantic)
• The Unlikely STEM Cities That Will Power the U.S. Economy (Bloomberg)
• Hedge Funds Faced a Test in August, and Faltered (NYT)
• What to Expect When You’re Expecting an Apple Car (WSJ) see also Ways to think about cars (Benedict Evans)
• The Stingiest State in the Union: Alaska has more than $50 billion of oil money in the bank. Why can’t it pay its bills? (The Atlantic)
• Home Builders Say Loans Are No Longer Scarce (Real Time Economics) see also Underwater-Home Recovery Reaches Struggling Neighborhoods (Real Time Economics)
• The network’s the thing (Remains of the Day)
• Donald Trump isn’t rich because he’s a great investor. He’s rich because his dad was rich. (Vox) see also The 1 Easy Way Donald Trump Could Have Been Even Richer: Doing Nothing (National Journal)
• No Joke: Comedians Fill Giant Stadiums. Thanks to stand-up’s popularity, comedians from Jim Gaffigan to Kevin Hart and Louis CK are drawing rock-star audiences to huge venues (WSJ)
• Which of These Watches Will Be Named Best of 2015? (Bloomberg) see also iMore survey shows ultra-high levels of Apple Watch usage (iMore)
Be sure to check out our Masters in Business interview this weekend with Harry Shearer of Spinal Tap, SNL, and of course, The Simpsons.
How Energy Consumption Has Changed Since 1776
Source: MIT Technology Review
Can someone calm Rick Santelli down?
Audit the rich.
GOP Hero Blinks. Kentucky wack job is a Republican in Name only. She should get a job with Boehner.
Once free-spirited Donald Trump might have stood his ground, but he pledged to support whatever the Republican elites tell him.
Do what the GOP elites in Washington tell you.
“Yes, I do. I totally do. I think it’s ridiculous,” Trump said. “I’m a delegator. I find great people. I find absolutely great people, and I’ll find them in our armed services, and I find absolutely great people … But when you start throwing around names of people and where they live and give me their address, I think it’s ridiculous, and I think it’s totally worthless.”
Positively Ronald “How am I supposed to remember what i did on a specific date” Reagan-esque.
Just what we need a “business man” to be President. Let’s hire Mitch McConnell to run an airline.
Republicans crack me up.
They believe Trump’s signing of a pledge, but not Iran’s.
SHOULDN’T CONGRESS BE GIVEN THE RIGHT TO ITS SAY ON TRUMP’S PLEDGE?
Gunman at Large After Deadly Shooting at Sacramento City College
Republicans need to apologize for this.
Fixing the NFL’s Bay of Pigs: How Roger Goodell Can Make Better Decisions
He’s not properly incentivized! Tax breaks for the job creators!
Obama’s tax hikes have prevent millions of jobs from being created while only eight million jobs have been added throughout his disastrous terms, far, far fewer than under Gingrich in the Nineties!
how well did Bezos fire fighting letter do?
not so well?
Trump’s Image Up Sharply Among Republicans
From zero to 60 in seconds.
The Base is thoughtful, policy-oriented, data-driven, and not ones to fall for huckster, charlatans and rogues.
water? is desalination the solution?
its expensive. its only available if you are by an ocean and it changes
Billionaire Hedge Fund Manager Bill Ackman Down 9% In August
Taxes, regulations and Obama’s something-for-nothing culture are strangling activists!
Yes it is expensive compared to treatment of fresh water. But in the absence of fresh water it is a viable solution. Desal is also used to treat brackish ground water. El Paso has a desal plant that can produce 27 mgd. Which is sufficient to support a fairly decent population.
remember that employer wage collusion case?
seems to have cost a few employers a few dollars
How long did it go on? How did they quantify damages. Sounds like these multi-zillionaires got off cheap. OK for them to break the law; not the average Joe.
Why on earth would a pension (or even an endowment) fund want to hedge against volatility? A simple rebalancing approach would be much cheaper. The suggestion that pension fund buy into the sales pitches because of stupidity is way to generous – think bribes and corruption.