Jack’s Links

I have for you two posts about the Fed “running out of ammo”. If you don’t think that idea is moronic, I can’t save you.

Ben Carlson

Scott Sumner

I read the transcript and didn’t watch the video, but boy oh boy do I ever like Nate Silver.

There’s a pretty interesting phenomenon that I appreciate more and more each year, where sounding reasonable but being totally out of touch with the facts of the matter is a great political strategy. One of those strategies is insisting that corporations pay their “fair share” of taxes.

Jack’s Links

The beginning of what is hopefully a demand for rigor when politicians invoke economics.

Interesting post with lots of excellent visuals from Bob Seawright on the value of financial advisors.

Power laws rule everything around me. 

Article in the Atlantic about the potential fall of the Saudi Kingdom, sort of seems like a catch-22 if instability would lift oil prices and that would encourage stability.

A friend pointed out that a link from last week died — the HBR article on Why Transformation Efforts Fail.

Jack’s Links

No links from last week because I was moving. Back with a vengeance.

HBR piece on why business transformations fail. (02/21/16 edit: updated link to article)

Even the people who fit the mold perfectly for annuitizing part of their income avoid it like the plague. There must be something better than the classic disgustingly high expense annuities. Meet tontines.

People with way too much money have apparently been sinking it into breeding horses for 200k per “cover”. I wonder what the expected return here looks like.

Kitces on the President’s budget — a first look at changes that may be coming down the pike. Almost as interesting as what is included is what is not.

CPAs moving to value-based billing, interesting in the context of financial planning, where many loud voices are calling for a move to hourly or retainer models.

Rita Keller has a short blog post about how her parents never complained about their jobs to her, and how kids these days need to stay off of her lawn.

As someone who is generally dogmatic about there being good and bad ways to learn things, it warms my heart to see someone address the scourge that is “learning styles”.

Another SSC post that proves the value of going to the source and not relying on news outlets to tell you what a study found or didn’t find.