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Sunday, August 12, 2012

The Browser daily newsletter [12 Aug 2012]

12 August 2012
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 Best of the Moment

Romney Shakes The Race With Pick Of Ryan

Dan Balz | Washington Post | 11 August 2012

Cautious Mitt Romney has rolled the dice in choosing Paul Ryan as his vice-presidential running mate. "Ryan will energize a conservative base that has been slow to warm to Romney, but Democrats were elated by the choice as well" Comments

Alan Greenspan On His Fed Legacy

Devin Leonard & Peter Coy | Businessweek | 9 August 2012

Interview. Banking, jazz, Ayn Rand. Crash of 2007-08 was unforeseen, humbling. "The number of mistakes I have made are just awesome. There is no number large enough to account for that. But I’m right more than half the time" Comments

Are You Worth More Dead Than Alive?

James Vlahos | NYT | 10 August 2012

"Selling your life and selling a house have more in common than you’d think." Not selling your life literally, of course. But selling your life-insurance policy. You get cash now, and the buyer takes a punt on how long you will live Comments

Lessons From Sweden In Assembling A Recovery

David Smith | EconomicsUK | 6 August 2012

Comparing and contrasting the economic fortunes of two European nations, neither of which use the euro: Britain and Sweden. Britain experienced anaemic growth over past two years and is now mired in recession again. Not so Sweden Comments

Iran And The Petrodollar Threat To US Empire

Christopher Doran | New Left Project | 8 August 2012

"The petrodollar system, and US ability to manipulate the dollar as the global reserve currency and hence global debt, has been the bedrock of American economic power." Here's how it works, and how Iran is subverting US hegemony Comments

Eraserhead

Mary Norris | New Yorker | 8 August 2012

On erasers, and, in particular, eraser-tipped pencils. "A snob might say that the eraser-tipped pencil is like a sofa bed: it sounds like a good idea, but it often features neither the best possible sofa nor the best possible bed" Comments

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