Recent Posts

Malaysia’s attorney general starts review of 1MDB probe

Bloomberg Malaysia’s attorney general will start his review of 1MDB investigation papers, signaling that charges linked to the troubled state fund may be imminent. Attorney-General Tommy Thomas has formed two teams, one to study the documents for possible criminal prosecution, and the other for civil proceedings, he said. The Malaysian Anti-Corruption Commission submitted the files to the Attorney General’s Chambers ...

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Recession indicators flash nothing very definitive

No one really knows how to predict recessions. Despite the massive financial returns that would accrue to anyone who had a good way of spotting downturns before they happen, macroeconomic forecasters are unable to do this with any reliability. And if professional forecasters can’t succeed in the high-stakes world of the financial industry, the chances of a pundit such as ...

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Let’s send Facebook some poll observers

Facebook insists that people can trust it to manage its giant social network in a way that doesn’t undermine democracy. I say verify: Let’s send in an army of scientists to study its role in the upcoming 2018 elections. There’s been too little research into how Facebook influenced the last election, even though there’s plenty of reason to think it ...

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