The language of finance examined

Michelle Chihara on Realizing Capital : Financial and Psychic Economies in Victorian Form and Scandals and Abstraction : Financial Fiction of the Long 1980s Scholars in behavioral economics and economic anthropology have also done trailblazing research…

Bread, circuses, flags, etcetera

I still can’t believe the flag change brain fart has gotten this far. A national road tour, a working party, a well financed $26 million dollar distraction. The #redpeak reaction is even worse. Who really cares? What…

College football coaches pay is crazy

The rise of assistant salaries also follows the pattern of head coaches’ compensation, which tends to come under greater scrutiny, especially as reports come out year after year putting them in context of other state employees….

S&P credit rating changes in New Zealand sure are interesting

Surging Auckland house prices lead to raft of S&P credit rating and stand-alone credit profile downgrades – http://www.interest.co.nz/news/77085/surging-auckland-house-prices-lead-raft-sp-credit-rating-and-stand-alone-credit-profile “The rating actions reflect our view that New Zealand financial institutions face heightened risks because of an…

The irony of privatisation arguments

The irony of privatisation arguments is that the private sector will “make things more efficient” or deliver “higher quality services”. There’s no doubt that from time to time, under certain conditions, private sector operators will…

Beats1, Spotify0? #Beats1

Apple Music kicked off today around the world. It is a massive move by Apple, and based on listening to a few suggested playlists and Beats1 for a couple of hours this evening, it is…

Thoughts on the skills gap

Old, but interesting piece over at Prospect: If we want to improve the quantity of jobs, we’ll have to do more to promote labor demand. We’ll need to worry less about robots and more about…