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The Latest Opinions From Bloomberg View


December 2, 2014

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bloombergview.com

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Europe

The Editors: "U.K. Prime Minister David Cameron has revised -- 'clarified,' he might say -- his thinking on migration within the European Union. ... The next step is for Cameron's counterparts in Europe to recognize and welcome the change."
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Economics

Noah Smith:"Sociologists often feel that economics holds itself out as 'dominant' or 'supreme' among the social sciences. ... There is one way in which economists clearly do dominate the other social sciences, and that is in the amount of money they make."
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Wall Street

Matt Levine:Why did Apple's stock go down yesterday? "The story is, there's no story. Perhaps there was a fundamental catalyst that kicked off this move, or a technical catalyst, or just a fat finger. And then market dynamics took over."
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Politics

Jonathan Bernstein:"Liberals have converged on a consensus about Mitch McConnell and congressional Republicans: The party's rejectionist strategy for dealing with Barack Obama (oppose everything, filibuster everything) has been electorally brilliant yet has cost Republicans when it comes to results on policies. ... I agree on the policy point. But I disagree with them on the political part."
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News Roundup

Katie Benner
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660f24cc3e167b2b68d473851489113e0f36edf31eee3cbd455
(Read the news roundup)

- My former colleague Tom Dotan will release a series of stories that explore the tense relationship between Hollywood and Silicon Valley.
http://click.email.bloomberg.com/?qs=d8f9e92345e3e6600dfd16cccdfac177da8d04c99dc02bd17f09e53b5df9edbc
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- Yet another reminder that valuation is a slippery thing:
http://click.email.bloomberg.com/?qs=d8f9e92345e3e6605b32edefe157aa210c78ea7ac25bf31a647e69ac27295061
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- The New York Times has a profile of Russian celebrity entrepreneur Pavel Durov, founder of the social network VKontakte, who fled Russia this spring and lives in exile.
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660db8d61145256586e768600f987bda77bf5f8bb01bf904265
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Bernstein
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660cfcc1f57a6c1e8a3ac04237ef1f1e2a6aea3064d0e6225b6
(Read the news roundup)

- Sarah Binder at Brookings on legislative transparency:
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660315a33612a810761a84bd56d31173e43d40878ec5ca95d1e
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- Bruce Cain at the Election Law Blog writes more broadly about transparency in government.
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660bf609b4d32af6b1d50c203e122e4bce8fcf7488e71df65c7
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- What "St. Elmo's Fire" tells us about partisanship in Congress:
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660ae792eef426ee0fbd2f45782f268cd87d4b74a9dfbe93757
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Zara Kessler on What's Popping

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"Kathy Griffin Takes Over From Joan Rivers as 'Fashion Police' Host."
http://click.email.bloomberg.com/?qs=d8f9e92345e3e66077f20d9556f60042e3342034a25d91b85eb9d1f4b3d037cd
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-
Bill Cosby resigns from the board of trustees at Temple University, his alma mater.
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"Case Highlighted in Serial Podcast Moves Through Appeal."
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-
Feb. 27, 2015: the date on which Netflix will release the third season of "House of Cards."
http://click.email.bloomberg.com/?qs=d8f9e92345e3e66022a63ab8f0931957e128751f346d4cecd4ef73b0c7bdae95
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Levine
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660048145a62c87bf391d8b56e3cca4132e2837cacfbbed99da
(Read the news roundup)

- Will there be massive energy high-yield defaults?
http://click.email.bloomberg.com/?qs=d8f9e92345e3e66098223dcb9008fd9c8e4b7bbeb6e8df2092248218b1fa3b78
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- A special dividend:
http://click.email.bloomberg.com/?qs=d8f9e92345e3e6607fe8e7dc120087c031a11370d6c3090b45cf1178e38ee1ab
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- Should banks accelerate vesting of deferred compensation for people who leave for government?
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660d1c61f3b108b7d6162dbba0737a175014ef85b7521c20539
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Barry Ritholtz
http://click.email.bloomberg.com/?qs=d8f9e92345e3e6603e4bdb7f74626bf39f36fa95b5703449e84f4b297e6f7ff4
(Read the news roundup)

- Yet another billion dollar business:
http://click.email.bloomberg.com/?qs=d8f9e92345e3e66097c00258790165e3844caf531cfcbb0e709fb96bfe25eb1d
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- Yes, I am optimistic.
http://click.email.bloomberg.com/?qs=d8f9e92345e3e6604f388f6a0693930b931e8085911c1cb301549bb494b4e299
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- Emerging markets are cheap!
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660535feb56c1dffec9b7c28022666c49e9c4d86b93d06c972c
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http://click.email.bloomberg.com/?qs=d8f9e92345e3e660cf359e8011963997590b1597b33415a2cd414634859a34d0
Gambling

James McManus:While the poker player on your holiday shopping list "might not be pushy enough to mention it, the gift she or he almost certainly covets most is the $10,000 buy-in to the World Series of Poker Main Event next July, with maybe a little something extra thrown in for airfare and expenses at the Rio casino in Las Vegas."
http://click.email.bloomberg.com/?qs=d8f9e92345e3e660671cce9988a10a92e15de07bc757eb08645dada8cb168784
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