Even inside information from an ‘expert network’ would not have helped.
–Yves Smith, Naked Capitalism
Not even an expert network would have helped, says Yves Smith of the earthquake in Japan, rather blithely suggesting that an expert network is nothing more than a vehicle with which to exchange material non-public information. Would it were the case. If only inside information equated to expert networks, imagine how easy enforcement of insider trading would be! Shut down the networks, Smith might say, and we will purge the rot of a rigged game from the system.
But inside information and expert networks are different things. To conflate them is a failure of analysis and a lazy view on the role of expert networks, the problem of inside information, and research in general. Read the rest of this entry »
another take
another take
Another take
another interpretation
here we go again – where did they get that sound!
Today marks John James Audubon’s 226 birthday. Though he wasn’t the first to document and detail the various birds of America, he is certainly most famous. The woodsman artist introduced us to birds as specimens to appreciate, rather than eat or fear, and his work dominated the wildlife genre.
The seminal Birds of America collection set the standard for representations of birds and wildlife for many years to come. Sold as a subscription, buyers parted with $1000 -a princely sum- for what would later number 435 prints, issued five times a year, between 1827 and 1838. Today, the style persists through the works of Roger Tory Peterson and David Sibley – not to mention the more unusual stylings of Walton Ford. But it was actually not the first to take on the project, and it’s worth remembering another contributor who occupied his Birds of America with the pursuit of what was American. Read the rest of this entry »
Beastie Boys send a little easter-egg to their fans in a thirty-minute homage to hilarity
Stilltitled 