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Michael Lewis' 'Flash Boys'

Janet Maslin New York Times
Lewis’s depicts the kind of high-frequency trading that can transmit stock market information from New York to Chicago and back in one-tenth of the blink of an eye and has divided the world of stock traders into the haves and have-nots, depending on what speeds they can afford.

Friday Nite Videos -- March 28, 2014

Portside
Sarah Jones: One Woman, Eight Hilarious Characters. Donald Rumsfeld: The Unknown Known. A Dog, a Noun and a Verb. Open Access Explained! Stop Freaking Out About the Debt.

The Minimum Wage Is a Fight for Women

Isaiah Poole OurFuture.org
Despite decades of efforts on behalf of equal pay for women, women still earn on average 77 cents for every dollar a man earns. Legislation increasing the minimum wage to $10.10 would narrow that gap by 5 percent

The Great U-Turn

Robert Reich Robert Reich's blog
In the 1950s and 1960s, the richest 1 percent took home 9 to 10 percent of total income. Today the top 1 percent gets more than 20 percent.

The Man Who Won a Nobel Prize for Helping Create a Global Financial Crisis

James R. Crotty Dollars and Sense
The objective of the ideological project of the economics profession in the current era is to provide a theoretical foundation for unregulated financial markets and unregulated capitalism. The fact that the project has succeeded in the face of logic and history is admittedly a fantastic conjurers’ trick, but it is ridiculous to award Nobel Prizes to the conjurers.
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