Darin's Tumblr...

Spain Is Beyond Doomed: The 2 Scariest Unemployment Charts Ever - Matthew O'Brien - The Atlantic →

It’s almost impossible for companies to get rid of older workers, which creates a horribly bifurcated labor market. There are permanent workers who can’t be fired, and temporary ones who can — and are. Indeed, as Clive Crook points out, about a third of Spain’s workforce are temporary workers who enjoy few protections and fewer opportunities. Companies go through these younger workers without bothering to invest much in their human capital, because why would they? These temporary workers will be let go at the first sign of economic trouble. Young people get stuck in a never-ending cycle of under-and-unemployment since firms are always hesitant to hire permanent workers who will always be on their books.

Japan

No Rich Child Left Behind - NYTimes.com →

Hard of Hearings - NYTimes.com →

But here’s where the sympathy comes in. The I.R.S. employees were stuck with a pile of 70,000 applications for the tax-exempt status that’s awarded to organizations engaged in social welfare issues. Recently, political groups have been gaming the system, announcing they’re just do-gooders with a minor political sideline in order to qualify. When they succeed, they get to keep their donors secret

Wait… This about charity applications? Absolutely target them for investigation if they have political theory in their name. This changes everything for me. Now I am pissed at Obama for not calling out the Republican’s shit.

The Great Gatsby’s Creative Destruction - Reason.com →

How Van Halen explains Obamacare, salmon regulation and scientific grants →

It would be nice if the government’s mistakes were typically a product of stupidity, venality or bureaucracy. Then we would need only to remove the idiots, fire the villains and cut the red tape. More often, the outrageous stories we hear are cases of decent people trying to solve tough problems under difficult constraints that we simply haven’t taken the time to understand. That isn’t to suggest that people in government don’t get it wrong. They do, repeatedly. But if we want to get it right, we need to work harder to understand why they decided to remove the brown M&M’s in the first place.

Chile’s social housing policy: creating socioeconomic ghettos? →

Couldn’t fire stations,olive departments etc be built in these neighborhoods since there are people there thus the need for the services? I don’t see why things need to be torn down for these reasons. People have a right to a home and need to have shelter provided for them if they cannot provide for themselves. But at the same time it does not need to be the best home in the best neighborhood. The real challenge is how do you help these people who cannot provide for themselves to provide for themselves, and to buy the nice house in Las Condes ….

Caterpillar announces second round of layoffs; Is Obama to blame? | National Monitor →

No, Obama is not to blame for declining economies abroad.

China's Building, but Will They Come? The Space Race | LinkedIn →

China's Building, but Will They Come? Ghost Cities | LinkedIn →