Robert Shiller: Finance: The Best, Brightest, and Least Productive: Noted

Noted to Aid Your Lunchtime Procrastination for September 22, 2013

  1. Some Hero Strapped a GoPro Camera Onto An Eagle And The Footage Is Breathtaking
  2. "I can’t tell if education reformers are stupid, riddled with ideology, or just trying to make their projects seem grander than they are:" MattBruenig: Education and poverty, again
  3. "More than half of all homes sold last year and so far in 2013 have been financed without a mortgage, according to an analysis by economists at Goldman Sachs Group": Nick Timiraos: Report: Half of All Homes Are Being Purchased With Cash
  4. "The U.S. does not provide more upward mobility than other nations do; if anything, young Americans’ economic fortunes are more tied to those of their parents than is true in other western nations. So, where did this image of exceptional mobility come from?": Claude Fisher: Loss of economic exceptionalism
  5. "In a Perfect World, we wouldn’t have to go out and battle paid disinformationists to save the world but we do. In a Perfect World, the most wealthy corporations in human history wouldn’t be controlled by a handful of science-denying sociopaths, but they are": *Wonkette: It’s Getting Hot In Here, Starbursts, Lady Squids With Balls, And More In This Week’s Sci-Blog!
  6. "In asking why people keep entering humanities Ph.D. programs when the economic payoff of the multi-year investment seems uncertain… the implication is that economic analysis is what’s first and foremost…. Asking why young people keep entering Ph.D. programs is a lot like asking why young people keep moving to New York planning to become actors. Or asking why young people head into journalism": Heather Horn: In Defense of the Humanities Ph.D.: It's No Crazier Than Becoming a Journalist


Plus: Short:

Eric Jaffe: A Fantastically Clear, Concise Explanation of Why Traffic Happens | John Quiggin: The global party of stupid | Digby: HullabalooA congressman's "peers" are his constituents, not wealthy benefactors | Paul Krugman: Models: Plain and Fancy |

Plus: Long:

H.G. Wells: The Shape of Things to Come | David Rieff: A Battle for the Soul of India |