Good Reads for a Hot Gotham Monday (July 18, 2011)
ECONOMY
Consumption Junction: Excellent summary of U.S. economic reality by David Leonhardt – ‘We’re Spent.’
House Afire! Good summary of last week’s Fed minutes
Penta-Nomics: DIA Software Predicts Greek Default
DIPLOMACY AND WAR
India’s New Air Force: A bit behind the curve on this one, but Carnegie’s Ashley Tellis relates the true tale of why India’s air force short-listed two European fighters over the aging F/A-18 and F-16 airframes entered by U.S. manufacturers.
Carrier Buster: More depth on China’s anti-ship (carrier busting) missile
Twilight of the $uper Carrier – Two Navy officers offer the obvious (but unlikely-to-be-adopted) plan to counter the previous link
MURDOCH-PALOOZA
Whistling in the Graveyard? The Observer (Guardian’s Sunday paper) dancing on News Corp.’s grave
Better Late than Never: WSJ editorial page discovers reasoned argument
Et tu, Rupert? Bloomberg (the company, not the mayor) raises possibility the Murdochs could lose control of News Corp.
And this gem from a former BBC colleague of mine (via email)….
“Best of all: here is a fantastic story that argues the inherent weakness of the private proprietor model of journalism, and the enduring value of public service broadcasting. And so today, the day when the Murdoch story comes to its critical moment, the BBC news team … is on strike!
DIVERSIONS
Cross Roads: A look at roadside memorials – by yours truly
Human Frontiers: Nice piece by my old pal Alan Boyle at MSNBC on Boeing’s bid to keep men in space (women, too).
Harry Who? (With apologies to my kids) Frank Bruni on why he doesn’t care what a Muggles is.
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