Wired, Thrun and Novig take Stanford Intro to AI online, here. The author pulled a 53 in the course? Needs more clicker questions. Udacity is still a poor name but this or Son of Udacity will clearly work. They should send clicker questions to the iPhone/Facebook so you can instantly mark yourself to market against everyone who took the course previously as well as the folks currently taking the course.

Fukuyama, Acemoglu and Robinson on Why Nations Fail, here.

“Given their overall framework, the hardest thing for AR to explain is contemporary China. China today according to them is more inclusive than Maoist China, but still far from the standard of inclusion set by the US and Europe, and yet has been the fastest growing large country over the past three decades. The Chinese restrict access to the market, engage in financial repression, fail to secure property rights, have no Western-style rule of law, and are ruled by a non-transparent oligarchy called the Communist Party. How to explain their economic success? Rather than see this as a threat to their model (i.e., more inclusion, more growth) AR pull a slight of hand by arguing that Chinese growth won’t last and that their system will eventually come crashing down (like Rome did, after about 200 years?). I actually agree that China will eventually crash. But even if that happens, a theory of development that can’t really explain the most remarkable growth story of our time is not, it seems to me, much of a theory.”

FlowingData, here. I keep on stumbling back to this site. Seems like it’s useful.

DealBreaker, Libor fixing investigation, here. The vivid cut.

Zerohedge, Leveraged ETFs – Why do we have them? here.

Forbes, Institutions Tipping the Scale, here. Institutional ETF holdings via nasdaq.com. See Ritholtz’s comments on asset management as well, here.

CFTC, Press Release of the names of the folks charged with defining HFT, here. I think they included that guy from Themis in Chatham, NJ who hates HFT on the committee to define HFT.

Automated Trader,  Renaissance Capital selects Fixnetix for London low latency access, here. Fixnetix, here. They have: iX-eCute field-programmable gate array (FPGA) technology see Beyond collocation, here. Mostly functional description rather than any sort of technical description.

ISCI, netalyzr news, here.

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