Lunchtime Links 6-22

June 22, 2010

In law school, grades go up, just like that (Rampell, NYT) Grade inflation to help grads get jobs…and pay off debt….

Must Read — A colossal fracking mess (Bateman, Vanity Fair…ht Yves)

UK government delivers “unavoidable budget” (WSJ) Keynesians will decry the spending cuts, but common sense says they have to happen. Governments can try to borrow forever, but eventually unforgiving credit markets would jack up rates, necessitating far deeper cuts.

Home sales weak despite tax credit (Mutikani, Reuters) Bad omen for the housing market….CR called it a very weak report.

Elon Musk is broke (Sorkin, Dealbook)

Greatest Rube Goldberg device ever? (Youtube, ht CSQT)

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