Boys vs. Girls on the 2010 SAT Test

If you haven’t already seen it, here’s another look at my December 2010 animation “Boys vs. Girls on the 2010 SAT Test,” where I have a little fun trying to debunk “The Janet Hyde” at the University of Wisconsin, who claims there “There just aren’t gender differences anymore in math performance. So parents and teachers need to revise the…

29 Jun 2012 – " One Step Beyond " (Madness, 1979)

 

http://youtu.be/eir3-omjMVQ

 

Understands who can… The Brussels nightly drama yielded first tweeted “results”, then none, then yes. Then some bickering, Southern drama, then truce. Then they still were not done haggling.

In any case, first white smoke signals 30 minutes ahead of the US close managed…

The Century Of The Self Part I: The Happiness Machines

The story of the relationship between Sigmund Freud and his American nephew, Edward Bernays. Bernays invented the public relations profession in the 1920s and was the first person to take Freud’s ideas and use them to manipulate the masses. He showed American corporations how they could make people want things they didn’t need by systemat…

Markets in Everything: ND Oil Patch Tours for $325

Grand Forks Herald — “For people who drive through North Dakota’s oil country and wonder what the heck they’re looking at, a new tour will erase some of the mystery. The Bakken Field Tours, which launch in July, will give people a chance to take an 11-hour bus tour through the Oil Patch that features an explanation of oil and gas development….

Bo Xilai: How China Is Really Governed

This is an excellent documentary video produced by the Wall Street Journal on the Bo Xilai scandal that has shaken the Communist Party and Politburo of China’s ruling class. This gives you a glimpse into how China is really governed, and is closely resembling the former Ming and Qing Dynasties where palace intrigue and favoritism […]

How Are You Doing? (And a Modest Proposal)

This weekend Jason Zweig has written a great piece on the attempt to organize performance of individual financial advisors. The enterprise is fraught with difficulty. Advisors run different portfolios for different clients. You have to depend on them to tell … <a href="http://www.institutionalimperative.com/2012/06/30/how-are-you-doing-and-a-mo…

Mainstream Economics is a Cult

 
Neoclassical Economics Is Based on Myth
Neoclassical economics is a cult which ignores reality in favor of shared myths.
Economics professor Michael Hudson writes:
[One Nobel prize winning economist stated,]  “In pointing out the consequences of a set of abstract assumptions, one need not be committed unduly as to the relation betwe…

Guest Post: Whitewashing The Economic Establishment

Submitted by John Aziz of Azizonomics
Whitewashing The Economic Establishment
Brad DeLong makes an odd claim:
So the big lesson is simple: trust those who work in the tradition of Walter Bagehot, Hyman Minsky, and Charles Kindleberger. That means trusting economists like Paul Krugman, Paul Romer, Gary Gorton, Carmen Reinhart, Ken Rogoff, Raghuram Raj…

‘Wait ‘Til Next Year’ – Lifestyle Hedging

Growing up in New York in the 1950’s meant you were either a Brooklyn Dodger, NY Giant or Yankee fan. For me it was the Brooklyn Dodgers.

Unfortunately, it seemed that every year they would lose to the Yankees in the World Series. All I had to console myself was the perennial Dodger mantra…”Wait ’till next year”.

One time, quite by a…

Despite the summit agreement, it will be a while before the ESM is authorized to buy Italian bonds. Germany still holds the key.

On Friday Angela Merkel got the Bundestag approval she was seeking. Germany approved the Fiscal Compact and the ESM. Germany views the Fiscal Compact as a way to enforce austerity in the periphery countries.FT: – … the Bundestag passed the fiscal compact with 491 of 608 votes cast and the ESM with 493 of 604 votes, giving Ms Merkel a comfortable tw…

Why Germany’s TARGET2 Eurozone Preservation Mechanism Is Merely A Ticking Inflationary Timebomb

We have covered the topic of the German TARGET2 imbalances previously, both from the perspective of what catalysts can lead the Bundesbank to suffering massive losses (the one most widely agreed upon being a collapse of the Eurozone, which explains why even discussions of that contingency are prohibited in Europe), from the perspective of its being a…

Three Super Marios, The Debt Monetization Game & Gold

On the heels of a massive rally in stocks, oil & gold, on Friday, today Michael Pento, of Pento Portfolio Strategies, writes exclusively for King World News to let readers know about the ‘Three Super Marios’ and ‘The Debt Monetization Game.’ He also discussed gold and the mining shares, but first, here is what Pento wrote about what is h…

Bulls Eye Investing (Almost) Ten Years Later by John Mauldin of Millennium Wave

The current valuation of the stock market is relatively high, but it is not overvalued, considering today’s conditions. Low inflation-rate conditions should be accompanied by relatively high P/Es. But if deflation or high inflation (or both) are likely upcoming, the market is very expensive. On the other hand, if the inflation rate happens to remain …

U.S. Restaurants Show Expansion Again in May

The National Restaurant Association reported yesterday that:”The outlook for the restaurant industry remained positive for the months ahead, as the Restaurant Performance Index (RPI) remained above 100 in May. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.4 in May, down 0…