HFT

A nice explanation for how high frequency trading makes its outsized gains:

Trading in Milliseconds: When Correlations Break Down
http://jaredbernsteinblog.com/trading-in-milliseconds-when-correlations-break-down/

In the comments (most of the comments on his blog are intelligent) is another nice analogy:

http://jaredbernsteinblog.com/trading-in-milliseconds-when-correlations-break-down/#comment-2146150:

It would

Tamiflu is a billion-dollar boondoggle

Updated Review: Tamiflu Is a Bust
After finally getting their hands on full clinical study reports, independent reviewers say the antiviral drug is ineffective.
http://www.the-scientist.com//?articles.view/articleNo/39686/title/Updated-Review–Tamiflu-is-a-Bust/

I mentioned Tamiflu and its uselessness when I complained about the uselessness of the flu

Welfare for citizens == welfare for corporations?

Hey, Washington! The Pay Is Too Damn Low: The Minimum-Wage War
Giving America’s lowest-paid workers a raise is great for the economy. And even better for Democratic prospects in 2014
http://www.rollingstone.com/politics/news/hey-washington-the-pay-is-too-damn-low-the-minimum-wage-war-20140227

This seems to be another step in my personal …