Felix Salmon

Counterparties: The economics of flying blind

April 19, 2013

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Counterparties: Listening board

April 18, 2013

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Kickstarter funders aren’t angel investors

April 18, 2013

A correspondent writes, via email:

Since much of the seed capital of Matter was Kickstarter funded, isn’t it worth asking why the backers aren’t coming along, so to speak?

Chart of the day, reverse-causality edition

April 18, 2013

This chart comes from Arindrajit Dube, who has a fantastic post chez Rortybomb on whether high debt causes lower growth or whether it’s the other way around. What you’re looking at is the famous Reinhart-Rogoff dataset, as made available by their critics (and Dube’s colleagues), Herndon, Ash and Pollin. Reinhart and Rogoff are the poster children for the statement that high debt loads cause lower growth, especially once those debt loads exceed 90%. But do they?

Counterparties: R-squared regression analysis

April 17, 2013

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Matter, Medium, and the future of immersive content

April 17, 2013

When Matter launched, last year, co-founder Bobbie Johnson told Christopher Mims that “done right, we can offer something valuable and remain sustainable in the medium term.” Little did he know how close he was to hitting the nail on the head: it turns out that it’s not “the medium term” which is going to provide Matter’s sustainability, so much as a term sheet from Medium.

When the cost of sovereign default plunges

April 17, 2013

CMA is out with its quarterly Global Sovereign Debt Credit Risk Report, which includes this league table:

Counterparties: Beef Rogoff

April 16, 2013

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Democratic art

April 16, 2013

Maud Newton has a good introduction to the art of Molly Crabapple, whose new paintings are being raucously exhibited at a storefront gallery on the Lower East Side. The new work was born of Occupy, and shares much of its ethos: