The Financial Times takes a detailed look at the Financial Computing Centre, home of future quants, where Michael Galas is working to build “a hedge fund without employees” and a crop of PhD candidates are using social media to predict the markets. Could these algorithms one day spill beyond finance, and influence education or social sciences?
"The short story, as a form, has plenty of defenders," the collection of unconnected short stories, maybe not so much. In an essay for LitHub, regular Millions contributor Jonathan Russell Clark praises the unlinked stories of Barbara the Slut and Other People and Single, Carefree, Mellow because "despite a lack of the wholeness of a novel, something complete and true and hard-won emerges by the end."
The Times has announced its long-awaited (and -feared) digital subscription plan: "Under the plan, which begins on March 28, visitors to NYTimes.com will be able to read 20 articles a month free. The most frequent users will pay $15 a month; print subscribers will have unlimited access." A letter to readers about the plan from Publisher Arthur Ochs Sulzberger Jr.
Avril Haines, the new deputy director of the CIA, had an interesting career before landing in the Langley. According to a Washington Post report, Haines used to own an independent bookstore in Baltimore, where she “welcomed patrons for the occasional readings of high-toned erotica over chicken tostadas.”
The CIA was known for unorthodox espionage techniques during the Cold War, but using Doctor Zhivago to undermine the U.S.S.R. is one of the strangest. The CIA helped print and distribute the banned book because it would make Soviets wonder "what is wrong with their government, when a fine literary work by the man acknowledged to be the greatest living Russian writer is not even available in his own country in his own language for his own people to read."