"Breakfast Links: August 15, 2011"
— Old people are happier.
— Foraging for fruit amidst vacant homes.
— Not much diversity on the supercommittee.
— Steven Pearlstein is mad as hell at corporate America.
— Warren Buffet calls for more progressive taxes.
— Peter Diamond and Emannuel Saez (PDF) give you the academic version of Buffett’s argument.
— Supercommittee “Democrats will be under pressure to cave as well, possibly even from President Obama and Defense Secretary Leon Panetta, who say the defense budget can’t withstand $500 billion in further cuts.”
— The Guard is a nice meditation of Nietszche’s eternal recurrence thesis: recommended. Also recommended, and in some ways on the same theme, is 30 Minutes Or Less.
— Google will pay $12.5 billion in cash for Motorola Mobility which “would give Google control of Motorola Mobility’s attractive patent portfolio after the Internet giant recently missed out on a bid for Nortel Networks Corp.’s portfolio.”