Links, 11 May 2017

Politics

• The great British Brexit robbery: how our democracy was hijacked and Mercer Sued by Hedge Fund Worker Fired After Blasting Trump (also, Flawed Macron hack provides lessons for both sides)
• Intergenerational unfairness
• Macron:
  • Inertia, revolt will test Macron’s reformism
  • German labour reforms: Unpopular success
  • Macron Won, But The French Polls Were Way Off
  • Deep in Macron Country
  • Macron should prime the pump
  • German parties joust over Macron’s euro plans
• Comey & Trump: ‘He got tired of him’ and Comey’s Firing Is a Crisis of American Rule of Law and What Trump’s Simplified Language Means
• U.S. Social Sentiment Index
• The Fatal Flaw in Trump’s ISIS Plan
• A Chinese position on the DPRK: To what extent can China influence North Korea?
• Whatever Igor Wants, Igor Gets: Primitive Capital Accumulation, a la Sechin
• Jakarta’s Christian Governor Imprisoned for Blasphemy

 

Economics & Finance

• 18^th century Dutch monetary policy: An Early Experiment with “Permazero” (pdf)
• 21^st century Zimbabwean monetary policy: Three-tier pricing
• The Rock-Star Appeal of Modern Monetary Theory
• Preparing for the Next Storm: Reassessing Frameworks and Strategies in a Low R-star World
• On tax deductions for mortgage interest: How Homeownership Became the Engine of American Inequality and The Racial Wealth Gap and Homeownership Nonsense and The Link between Family Structure and Wealth Is Weaker Than You Might Think
• As U.S. Life Expectancies Climb, People In A Few Places Are Dying Younger (also, ‘All the Men Here Are Either on Drugs or Unemployed’)
• Actually, Americans Don’t Spend Too Much
• Growing Apart, Losing Trust? The Impact of Inequality on Social Capital
• A word on the type of tax reform the US administration is apparently thinking about: The Impact of State Taxes on Pass-Through Businesses: Evidence from the 2012 Kansas Income Tax Reform
• Xi Jinping’s Silk Road is under threat from one-way traffic (also In Latest Political Promo, Kids Praise ‘One Belt, One Road’)
• In Beijing’s population cap, echoes of the Maoist and Soviet eras
• As China’s Growth Cools, Wealth Management Products Boom and Rich, Young Chinese Are Buying Overseas Properties on Their Smartphones
• Collateral Reuse and Balance Sheet Space
• The Eurosystem collateral framework explained (pdf)
• Which Dealers Borrowed from the Fed’s Lender-of-Last-Resort Facilities?
• Brexit process will expose basic weakness in European banking
• Markets are pretty efficient (also, don’t p-hack): A New Paper Just Took a Huge Shot at Some of the World’s Hottest Investments
• This is one reason women are better investors than men
• This Is the Five-Word Message That Got a Citigroup Trader Fired
• How to Predict If a Borrower Will Pay You Back

 

Science & Tech

• Can You Ever Really Know an Extraterrestrial?
• Does Dark Matter Harbor Life?
• The Ultimate Cosmic Mashup
• A Cold War Among Cosmologists Turns Hot
• A New Addition to the Human Family Tree Is Surprisingly Young
• What Is America’s Secret Space Shuttle For?
• China simulates extended moon stays amid space drive
• Your Robot Car Should Ignore You
• Alien Knowledge and AI: Still not clever enough to be allowed out on its own

 

Misc

• U.S. to Ban Laptops in All Cabins of Flights From Europe, Officials Say
• A Graphic Novel About 17th-Century Philosophy
• What the last Nuremberg prosecutor alive wants the world to know
• British football braces for life after Brexit
• The Rise of Café Churches in South Korea
• Players and Listeners Both Prefer a New Violin to a Stradivarius
• Dwayne Johnson for President!
• Food waste is the world’s dumbest environmental problem (also, How to win free bacon for a year)
• Rooftop driving school shut down in Taiyuan after netizens notice how incredibly dangerous it is