Cool discussion at WSJ about using Twitter as a source of data:
“As Twitter’s message traffic has grown explosively, so has the scientific appetite for the insights the data can yield. Dozens of new scholarly studies over the past 18 months by computer-network analysts and sociologists have plumbed the public torrents of data made available by Twitter through special links with the company’s computer servers. This research has harnessed the service to monitor political activity and employee morale, track outbreaks of flu and food poisoning, map fluctuations in moods around the world, predict box-office receipts for new movies, and get a jump on changes in the stock market.”
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Source: Decoding Our Chatter ROBERT LEE HOTZ WSJ, October 1, 2011 http://online.wsj.com/article/SB10001424052970204138204576598942105167646.html
• Ambrose Evans-Pritchard: NEIN, NEIN, NEIN, and the death of EU Fiscal Union (Telegraph) • Mark Hulbert: Market undergoing huge change (MarketWatch) • George Soros: How to Stop a Second Great Depression (Financial Times) • James Stewart: Let’s Stop Rewarding Failing CEOs (NYT) • David Stockman: Blame The Fed! (Chris Martenson) • Michael Lewis: California and Bust (VF) • Joesph Stiglitz: G20 and RECOVERY and BEYOND (Columbia University) • Caroline Baum: Keynes, Hayek Preside at Jobs Debate: (Businessweek) • Paul Krugman: Markets Can Be Very, Very Wrong (NYT) • Brett Arends: Don’t March Against the Banks, Walk Away (MarketWatch)
Peter Diamond, who won the 2010 Nobel prize in economics but ultimately abandoned a bid to serve on the Federal Reserve, talks with WSJ’s Kelly Evans about why he supports “Operation Twist,” and why more fiscal stimulus is need to fix the U.S. jobs problem.