I’ll admit up front that I am no fan of the “bro” comedy where grown men act like clueless adolescents. The infantalization of our society is one of America’s biggest scourges. And I barely know who Seth
Rogan Rogen is.
That all changed when Sony Pictures Entertainment was allegedly hacked by a group calling itself the Guardians of Peace, denouncing the comedy that was punctuated by the assassination of North Korean leader Kim Jong-un. The group leaked embarrassing Sony emails and implied violence would follow. Major theater chains refused to run the movie and Sony pulled it.
The FBI said it traced the hacks to North Korea. President Obama said he wished Sony had talked to him before canceling the film. A few voices questioned whether the North Korean connection was real. Still, corporate vulnerability to cyber attacks is real and we live in a nation where “American exceptionalism” includes mass shootings, including one at a multiplex in suburban Denver.
And suddenly Sony switched course and released “The Interview” on Christmas. If anything, the causes of the Great Recession showed us that big businesses would never lie, cheat or steal. Still…
This Week’s Links:
• The rise of the machines — coming for your job | Nouriel Roubini
• Don’t believe the happy chatter about the oil crash | Wall Street on Parade
• How much economic potential does Cuba have? | Marginal Revolution
• Stephen Roach takes the Fed to the woodshed | Naked Capitalism
• Underinvesting in the public good | Understanding Society
• Property rights in space | Tim Taylor
• The profit on TARP and Bernie Madoff | Dean Baker
Today’s Econ Haiku:
Day to return gifts
So take back the next Congress
They’ll give it to us
Please follow me on Twitter @jontalton