Problems with scientific research

Great article.

http://www.etf.com/sections/features-and-news/smart-betas-foundation-problem?nopaging=1

 

Plastic Waste

Really interesting information from The Economist:

Last October scientists at the Helmholtz Centre for Environmental Research, in Germany, found that ten rivers—two in Africa and the rest in Asia—discharge 90% of all plastic marine debris. The Yangtze alone carries 1.5m tonnes a year.

Here’s one chart:

There’s more data and another fascinating chart if you click the link to the original article.

 

Monopsony

Learn and understand that word.  It means only one buyer (as opposed to monopoly, meaning only one seller).

It is the cause of wage depression and a major contributor to inequality.

Here’s a great article about it from Jonathan Tepper:

http://www.mauldineconomics.com/outsidethebox/why-american-workers-arent-getting-a-raise-an-economic-detective-story

Sinking of the Lexington – Battle of the Coral Sea