Saturday, July 23, 2016

Schaeuble warns against EU 'race to bottom' over tax

“Person must not do what person cannot do.” 
~  Marge Piercy, Woman on the Edge of Time

How the 2% lives The Economist. Temping

What it’s like to stay in the world’s most expensive hotel suite, which costs $75,000 a night Business Insider 

Sex workers have created the perfect method for keeping people honest online Quartz

Bell, Brian and Van Reenen, John, CEO Pay and the Rise of Relative Performance Contracts: a Question of Governance? (July 2016). CEPR Discussion Paper No. DP11385. Available for download at SSRN:

What’s wrong with Airbnb? Worthwhile Canadian Initiative. Plenty, if you’re “lower income,” apparently

The Myth of Upward Mobility in America Alternet

Recession Unavoidable: Australia

Looking at metrics? Here are 55 questions to consider first

San Francisco’s Threat to AirBnb a Threat to the Entire Sharing Economy

Amazon wants to sell you everything, including student loans Quartz

Amazon Prime’s Newest Perk: Discounted Student Loans Fortune 
The German sociologist Jens Beckert argues that literary theory can help explain what economics fails to. German sociologist Jens Beckert tackles this problem head-on, making imagination the focus of an extended meditation on the role of the unpredictable future in creating modern capitalism. His new book, Imagined Futures: Fictional Expectations and Capitalist Dynamics, makes a thorough, exhaustively documented argument in support of what many have suspected 
Hundreds Sleeping On Queens’ Street For Shot At Plumbers Union Program CBS

Why U.S. Companies Suddenly Love Workers Atlantic

Venezuela’s inflation is set to top 1,600% next year

‘Web of Science’ to be sold to private-equity firms Nature

Even as a sixties Vietnam War demonstrator, it struck me that the enmity against police was weirdly misplaced.  When I heard the cries off “Off the pigs!” I felt more than mildly uncomfortable.
“Instead of delivering growth, some neoliberal policies have increased inequality, in turn jeopardizing durable expansion. Milton Friedman in 1982 hailed Chile as an “economic miracle.” Nearly a decade earlier, Chile had turned to policies that have since been widely emulated across the globe. The neoliberal agenda—a label used more by critics than by the architects of the policies—rests on two main planks. The first is increased competition—achieved through deregulation and the opening up of domestic markets, including financial markets, to foreign competition. The second is a smaller role for the state, achieved through privatization and limits on the ability of governments to run fiscal deficits and accumulate debt.­”

Schaeuble warns against EU 'race to bottom' over tax
mouse lemurs links
Lunatics are running the asylum: Civil service turns to Big Four for help over Brexit trade negotiations

Tax haven route won't work for post-Brexit UK, OECD says 

EpiPen costs have soared 450 percent in the past 12 years, for no good reason. Slate  

Can We Ignore the Alarm Bells the Bond Market Is Ringing? New York Times 

Swift Hires Cybersecurity Firms Following Customer Breaches

Clever Tool Shields Your Car From Hacks by Watching Its Internal Clocks

A thirty-three year old, former high school English teacher spent a couple hours at Stonehaven Wharf, “a parking lot for fishing boats that’s frequented by tourists to the Canadian province of New Brunswick,” according to the Washington Post. He sat in his small white hatchback, reading Lewis’ Mere Christianity and a book by Tim Keller.
On his way home, he was pulled over by Canadian police, because someone had reported his behavior as suspicious. Of course, the officer quickly saw there was nothing suspicious about the Hamilton, Ontario native, and wished him well. The driver said:

I do not know the true motivations behind the individual who called the police to report my presence at the Stonehaven Wharf, but I struggle to understand why my actions of driving my vehicle to a public space, reading a book, and never once exiting my vehicle was cause for a level of suspicion which prompted this individual to call the police

USG Wants Law to Require US Companies to Disclose Data to Foreigners… /@techdirt @cryptomeorg (guurst)