Events

Later items

Amazon's $24m book

    David Braverman
BusinessWork
Via Fallows, UC Berkeley biologist Michael Eisen watched a used book price war between two bots that ended...oddly: Once a day profnath set their price to be 0.9983 times bordeebook’s price. The prices would remain close for several hours, until bordeebook “noticed” profnath’s change and elevated their price to 1.270589 times profnath’s higher price. The pattern continued perfectly for the next week. But two questions remained. Why were they doing this, and how long would it go on before they noticed?...
Apparently cluing into my accidental theme this week of things that scare people irrationally, Patrick Smith had a pair of child safety scissors confiscated, even though he's, you know, the one flying the plane. He worries things will never change: When it came right down to it, the success of the Sept. 11 attacks had nothing—nothing—to do with box cutters. The hijackers could have used anything. They were not exploiting a weakness in luggage screening, but rather a weakness in our mind-set—our...
The news shows were hyperventilating earlier this week about a "near miss" involving an Air Force plane carrying the First Lady and Jill Biden. Only, it wasn't a near miss. It wasn't even a loss of IFR separation (though the planes did come too close for strict wake-turbulence safety). The planes were never close enough to warrant even a stern talking-to by the FAA. No, instead, Obama's plane—a military version of a Boeing 737—came within 8 km of a landing C-17 transport, which is close enough that the...
As the extreme right-wing lunatics in the U.S. continue to wring their hands over our debt—completely ignoring how we're the world's reserve currency—it's helpful to examine what happens when a country actually collapses: The yield on Greece ten year bonds increased to 14.9% today and the two year yield is up to 23%. Sounds like a credit event might happen soon. If so, I wonder if it will be haircut or an extension of maturities? Here are the ten year yields for Ireland up to a record 10.5%, Portugal up...

Willfully stupid

    David Braverman
PoliticsUS Politics
Ezra Klein found Michele Bachmann's latest policy pronouncement frightening; I find it frighteningly ignorant: In short, her plan is that we don’t raise the debt ceiling, but we use the revenue still coming in to pay off creditors first and whatever we think most important second. That way, we “don’t violate our credit rating” and “prioritize our spending.” Makes perfect sense. At least, it makes perfect sense unless you, like me, had spent the previous few days talking to economists, investors and...
Scott Adams likes to provoke people. On occasion, like today, he writes something that provokes other people. He makes a good case that Donald Trump's presidential campaign is a practical joke: The magnificent part of this whole thing is that he's putting no effort whatsoever into concealing his prank. That's what I love about the guy. He knows that no level of clownery in a field of clowns will single him out as the one clown that doesn't really mean it. He's a graduate of the Wharton School, which...

Old photos

    David Braverman
EntertainmentPhotography
I mentioned earlier today that I've got a new film scanner, which makes scanning negatives leaps and bounds easier than my old flatbed scanner did. As threatened promised, I've started sending people some copies. But unless someone spontaneously grants me publication permission, I'm going to restrict myself to posting only shots of subjects that have no privacy interests. Like this creek, for example: My notes have that one at the Walters Ave. bridge in Northbrook, Ill., looking south, mid-November 1985.
I am neither a beaver nor a dog, so I don't get to sleep through the winter nor do I get to lounge around all day and eat free food every night. Which is all a long way of saying my blogging velocity might drop a little for the next week or so. I've also gotten a new film scanner, and I've started scanning some of my negatives from the 1980s and 1990s. So if you went to school with me, you might get some frighteningly old photos over email in the next few weeks. I've discovered, after calibrating the...
Worth the trip:
Patrick Smith ("Ask the Pilot") weighs in on Tuesday's A380-v.-Commuter Jet altercation at JFK: The Airbus A380 is the largest commercial aircraft ever built (and the ugliest too, but that's another story). From the start, concerns over the plane's size have been about apron and taxiway space, not runway space. It requires no more runway for takeoff or landing than most other widebody jets, but presents serious challenges when it comes to maneuvering around terminals and along congested taxiways. It is...

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