10 Friday AM Reads

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


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  1. VennData commented on Sep 4

    Can someone calm Rick Santelli down?

  2. VennData commented on Sep 4

    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.

  3. VennData commented on Sep 4

    “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.

    • VennData commented on Sep 4

      Republicans crack me up.

      They believe Trump’s signing of a pledge, but not Iran’s.


  4. JKoen commented on Sep 4

    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.

    • intlacct commented on Sep 5

      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.

  5. DeDude commented on Sep 5

    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.

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