Saturday links: the robot revolution

The weekend is a great time to catch up on some long-form links you missed during the week. We think this should also include our new book, Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere. Enjoy.

Investing

Fifteen reasons why the financial crisis happened.  (Aleph Blog)

Rob Arnott talks on his disagreements with Jack Bogle.  (IndexUniverse)

An excerpt from Eric Falkenstein’s The Missing Risk Premium: Why Low Volatility Investing Works.  (Falkenblog)

How the use of the term ‘quant‘ has changed through time.  (Minyanville)

Automation

John Markoff, “Robot manufacturers in the United States say that in many applications, robots are already more cost-effective than humans.”  (NYTimes)

Will the unemployed really find jobs making robots?  (Rick Bookstaber)

An excerpt from Automate This: How Algorithms Came to Rule the World by Christopher Steiner.  (WSJ)

Psychology

The psychology of waiting in line.  (NYTimes)

Why does the return journey feel quicker?  (Irish Times via The Browser)

The ‘decoy effect‘ shows just how far we stray from rational decision making.  (The Psy-Fi Blog)

Six rules on how to avoid ego depletion.  (AdvisorOne)

Society

The financial crisis has put baby making on hold for many in the developed world.  (New Geography)

On the long-term decline of cars (and the roads they ride on).  (Gregor Macdonald)

Media

Why the Economist is the finest magazine in the world.  (The National Interest)

How America came to love summer reading.  (Boston Globe via The Browser)

Links allow readers to decide the ultimate truth for themselves.  (Ars Technica)

Does copyright matter?  (NYBooks via Arts & Letters Daily)

Film

368 drive-ins remain in the US.  (NYTimes)

A conversation with Whit Stillman about the script to Metropolitan.  (The Awl)

Mixed media

Are antibiotics fueling the obesity epidemic?  (Wired)

Why your passwords are under attack.  (Ars Technica)

A look back at the 1977 US Open, the wildest ever.  (NYTimes)

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