Subject: Share the View 2: Canning Keynes and Beating Pessimists
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 03 Dec 2014 12:04:09 -0600

Share The View
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Share The View

The Latest Opinions From Bloomberg View

December 3, 2014

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bloombergview.com 

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Economics 

Jim O'Neill:"Remember how this time last year a lot of analysts were predicting that 2014 would be a bad year for emerging markets? Didn't really happen, did it?"
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Mohamed A. El-Erian:"The European Central Bank -- which has already carried a disproportionate burden in addressing the continent's economic troubles -- finds itself confronting a lose-lose situation." 
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Noah Smith:"Nobel-winning economist Paul Krugman recently claimed that John Maynard Keynes -- or the general idea of Keynesianism -- is winning the battle of opinion in the public sphere. George Mason University economist and blogger Tyler Cowen responded, playing devil's advocate."
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Wall Street 

Matt Levine: "Among my favorite goofball financial-legal stories of recent years is the one about the bonds that Chesapeake Energy forgot to call."
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Cars 

Edward Niedermeyer:"U.S. auto sales boomed on Black Friday as huge discounts pushed volumes to more than 17 million units on an annualized basis, the highest level in 11 years. But even with big price cuts pumping up deliveries of new cars -- likely at the expense of fourth-quarter profit margins -- the biggest discounts of the holiday weekend were actually on crude oil."
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News Roundup 

Matt Levine
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(Read the news roundup) 

	- Pimco's office politics were pretty wild. 
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	- How much is Uber worth? 
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	- How much was Tibco worth? 
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Barry Ritholtz
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(Read the news roundup) 

	- The economics of Seinfeld: 
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	- Beat the average investor by not trying to "beat the market." 
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	- The A to Z of behavioral bias: 
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Jonathan Bernstein
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(Read the news roundup) 

	- Richard Skinner at Mischiefs of Faction on Chris Rock and the partisan presidency: 
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	- Jennifer Victor considers the effects of civil rights protests. 
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	- Nancy Kassop at New West on Loretta Lynch's nomination and Republican reactions: 
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Zara Kessler on What's Popping

	- Another day, another Bill Cosby story: A woman alleging that Cosby molested her when she was 15 files suit. 
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	- Lady Gaga suggests in a Howard Stern interview that she was raped as a teenager.
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Listen... 
	- Taylor Swift and Ariana Grande performed (and 
http://click.email.bloomberg.com/?qs=8734680881300c1eadec4968c033b6825a7f5a1dc500eba85b40c25ba0a7f8de 
hugged ) last night at the Victoria's Secret Fashion Show in London. The show will air next Tuesday. 
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	- Free Starbucks for life, where life = 30 years. 
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Katie Benner
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(Read the news roundup) 

	- The Washington Post wonders whether stealing Uber rider data might be "a hacking opportunity of remarkable awesomeness." 
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	- Buzzfeed's Tom Gara and Charlie Warzel give us the most complete account yet of the Sony hack. 
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	- The New York Times' Nicole Perlroth lays out the current state of play for companies doing battle with cybercriminals. 
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Europe 

Pankaj Mishra: "In a speech last week at the European Parliament in Strasbourg, Pope Francis denounced a materialistic Europe that had grown indifferent to human dignity and to the 'transcendent dimension.'" He has a point.
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Asia 

William Pesek:"If Shinzo Abe wants to be remembered as more than a two-time failure as a Japanese leader, he should learn from the last one to achieve anything big: his political mentor, Junichiro Koizumi."
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