Sunday, March 13, 2011

The Week In My Google Reader

When Scalia Dissents:
Well, I think one of the reasons this Supreme Court is so prominent – compared to the Supreme courts of other countries – is because of the dissent. The dissent combined with the case law system is the way the law is taught. You don’t have to write a commentary, and the professor doesn’t have to pick apart the opinion. You get both sides just from the U.S. report. So it’s somewhat of a self-contained academy here, and I think that gives us greater prestige.

Plus, dissents are just good. Look back at Korematsu [the 1944 case in which the Supreme Court upheld an executive order excluding Americans of Japanese descent from areas deemed critical to national defense]. Isn’t it nice to know that Robert Jackson – at least someone on the Court – saw how horrible it was? A dissent keeps you honest.

Ha.

Common mistakes of left-wing economists. Common mistakes of right-wing economists.

Brownie Recipe For Your Glaucoma.

America, Fuck Yeah!

Looks like I've mistimed it a bit.
The data generally suggest that marrying in mid-twenties brings you to a low-divorce plateau, and that waiting beyond that doesn't help your divorce risk. Moreover, couples who wait much longer than this are less likely to be happy in their marriages (but still enjoy high levels of marital stability). So mid twenties is the sweet spot--on average.

An Interview with Starbucks CEO Howard Schultz:
In Onward: How Starbucks Fought for its Life Without Losing Its Soul (available March 29), he shares the remarkable story of his return and the company’s ongoing transformation under his leadership, revealing how, during one of the most tumultuous economic times in history, Starbucks again achieved profitability and sustainability without sacrificing its humanity.

WTF.
The WSJ is reporting that many banks are thinking about creating a limit on how much you can spend on your debit card. For example, banks like JP Morgan Chase & Co are thinking about setting a $100 maximum per transaction.

Why the hell would they do this? Well, the new debit card rules, known as the Durbin Amendment, which will take effect in July are going to make debit-cards extremely unprofitable for the banks. The new rules basically reduce the fees associated with debit card usage, which is good for small businesses, but terrible for the banking industry. In fact, with the new rules in effect, the entire industry could lose $15.2 billion a year in revenue.

Keys to long life:
Cheer up. Stop worrying. Don't work so hard. Good advice for a long life? As it turns out, no. In a groundbreaking study of personality as a predictor of longevity, University of California, Riverside researchers found just the opposite.

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