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(June 30, 2016 09:04 AM, by Amy Willis) We all know at a general level that (K-12) schooling is legally compulsory...but might it be culturally compulsory as well? Kevin Currie-Knight, for FEE, thinks so. I'm inclined to agree, and will second his recommendation of Ivan Illich's Deschooling Society.... (0 COMMENTS)

Giant diamond doesn't find buyer at Sotheby's sale

Stone measures 1,109 carats, the second-largest gem-quality rough diamond ever discovered

?Why Brexit could land a blow on bonds

If central banks add new stimulus and fuel hopes for growth, long-term bond prices could tumble (but gold may climb)

Hacker takes over Oculus CEO's Twitter, announces new boss

Hacker also changed Brendan Iribe's Twitter bio to read, "im not testing ya security im just havin a laugh"

Blackrock CEO: Brexit "increases uncertainty in the world"

Stock markets are still stabilizing after last week's Brexit vote. The Dow has rebounded around 550 points since Monday's losses. Blackrock Chairman and CEO Larry Fink says Britain's vote to leave the EU means there will be fewer people willing to make long-term investments and more who will hoard cash. Show More Summary

Chicago PMI increased in June

Chicago PMI: June Chicago Business Barometer Up 7.5 Points to 56.8 The MNI Chicago Business Barometer rose 7.5 points to 56.8 in June from 49.3 in May, the highest since January 2015, led by strong gains in New Orders and Production.June’s...Show More Summary

Brexit: Why the UK is Unlikely to Have a General Election Soon

Explaining the not-well-understood UK general election rules and how they play into the Brexit calculation.

Weekly Initial Unemployment Claims increase to 268,000

The DOL reported:In the week ending June 25, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 10,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 259,000 to 258,000. Show More Summary

Control: beyond left and right

In a typically brilliant essay Will Davies writes: The slogan ‘take back control’ was a piece of political genius. It worked on every level between the macroeconomic and the psychoanalytic…What was so clever about the language of the Leave campaign...

Brexit, the E.U. and the "Special Relationship" of the U.S./U.K.

Any clique in the E.U. that thinks the U.S. will sit idly by while they "punish" the U.K. had better recalibrate their core interests and the potential for blowback.One constant in a fast-shifting global chess board is the special relationship&nbs... The post Brexit, the E.U. Show More Summary

The EU’s Failed Neo-Liberal Policies and BREXIT

Sorkin’s columns are must reads because they unintentionally expose on a regular basis the depravity of the Wall Street CEOs that wine (and whine) and dine him so sumptuously. The post The EU’s Failed Neo-Liberal Policies and BREXIT was originally published at The Wall Street Examiner. Follow the money!

Hey Kids! Great Jobs Available Doing Silly Caricatures of Arguments on Trade Policy

Sure, it's tough to get a job in reporting that pays a decent wage. But now you can get on the fast track to a successful career in journalism by writing pieces that make fun of opponents of U.S. trade policy. No knowledge of the economic theory of trade or actual trade practices is required. Show More Summary

The most expensive U.S. cities to have a baby

Costs vary widely not only nationwide, but often within the same city

?Fed says 30 banks can hike dividends and buybacks

Only three didn't pass the annual stress test that determines how strong their capital positions are

EU opens probe of global beer giant AB InBev

Probe seeks to determine if company abused its dominant position in Belgium by hindering cheaper imports of its products from neighboring countries

Eurozone inflation back above zero in June, but still low

European Central Bank remains far from achieving its goal of inflation just under 2 percent, considered consistent with a strong economy

World stocks rise as markets get over Brexit shock

U.S. shares were set to drift higher, with Dow futures up 0.2 percent, and S&P 500 futures up 0.1 percent

NY's new plan to stop ticket machines that "steal the show"

Ticket bots are already illegal in more than a dozen states, but in New York, violators could end up paying with their freedom

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