Ouch

A man who supplies service workers to the rich is suing Soros, Schwarzman, Icahn and Seinfield

dealbook.nytimes.com Discussion
Reminders

7 examples of how free markets can fail

thefiscaltimes.com Discussion
innovation

"Grass-fed beef is getting to a point where it’s almost an interesting business"

nytimes.com Discussion
Tax Arcana

Citi is begging to be taxed heavily

preview.reuters.com Discussion
LIEBOR

Ex-UBS trader Tom Hayes charged with criminal conspiracy in Libor case by the UK's Serious Fraud Office

bloomberg.com Discussion Tweet This
Jeffrey_Cane "I am in the business of doing justice," says the director of the UK Serious Fraud Office.dealbook.nytimes.com/2013/06/17/bri… Well, allright then.
Rants

"You lie!", pie chart edition

businessinsider.com Discussion Tweet This
Matthew C. Klein: "An angled 3D pie chart is an excellent way to lie to you" http://t.co/qJwM0RqA7x by @WaltHickey
Wonks

An economist's defense of the 1%

scholar.harvard.edu Discussion Tweet This
Rebuttal: "Perfectly competitive models that don’t even have banks in them are hardly relevant when we are discussing animosity towards the finance industry and the clear impact it has had on real people."
Felix

Detroit, where per capita income is just $15,000, is taking aim at its pensioners

blogs.reuters.com Discussion Tweet This
Cate Long: Detroit's 10-cents-on-the-dollar meme
Housing

How mortgage servicers strong-arm disaster victims

newrepublic.com Discussion Tweet This
Mike Konczal: Great story by @ddayen in @tnr on how mortgage servicers strong-arm natural disaster victims on insurance payments: http://t.co/vjyCTBCDOu
The Fed

"In every year of the economic recovery, the Fed has overestimated how fast the economy would grow"

stream.wsj.com Discussion Tweet This
UGH

Detroit will default on its unsecured debt

preview.reuters.com Discussion Tweet This
Right On

The best response to the failed policies of austerity: full employment

guardian.co.uk Discussion Tweet This
Jared Bernstein | On the Economy: Another Call for Full Employment: This Time from Across the Pond
Fails

The 50 worst charities in America

tampabay.com Discussion Tweet This
Felix: Philanthropy – You’re doing it wrong
New Normal

The biggest economic mystery of 2013: What's up with inflation?

theatlantic.com Discussion Tweet This
Downtown Josh Brown: How is it possible that inflation just hit a 50-year low? Let @ObsoleteDogma explain: http://t.co/zCRacsm5Z4
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