Best of the Web Feb 9th

1. What’s the downfall of using proxy-based measures with statistical analysis without any theoretical justification? This tongue-in-cheek jab from the data scientists at Facebook on a paper predicting Facebook’s demise provides an interesting perspective.

2. An examination of the energy that it takes to power the Olympic Games.

3.A new working paper from the Federal Reserve Bank of Chicago has interesting ideas on the impact of minimum wage: that it could drive managerial innovation.

4. The ECB’s fire-fighting measures to support the debt of troubled nations are expected to remain unhindered until 2015.

5. Are we more attracted to art made by “weird” artists? See the report from the Telegraph here.

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