The article says 80%

I would also keep mind Sturgeon's Law ("90% of everything is crud", first published 1957 in his book review column, interestingly enough).

Most books are crap. Interchangeable crap; maybe you'd enjoy some of them or learn something, but you could pick at random from the interchangeable pile of crap and be equally entertained and educated.

If you trawled that 80% of pre-1964 books, most of it would be crap, simply because most books are crap, whether they were published in 1964, 2014, or 1864. And more of it would be crap, because if you are differentially renewing copyrights on books in your catalogue, you are trying to renew the good stuff and forget the crap.

That's not to say that good books didn't fall out of copyright, for a million reasons, but if you have five books you like from before 1964, and you go check the copyright status, don't be surprised if fewer than 4 are part of that 80%.

I wish someone would make a netflix for audiobooks. I'm guessing licensing is an issue.

Depending on where you are, this may be freely available to you right now through your local library.

Talk to your local library about whether they're on Overdrive / Libby. If so, you can listen to unlimited audiobooks, ebooks, magazines, and comic books 24/7. It's fantastic. It's free. Yay public libraries.

Also, keep in mind that, depending on where you live, you may be able to carry cards for multiple libraries. In California, for instance, many major public libraries only require state residency. So, while traveling within the state, pick up library cards for as many libraries as you can. When I was living in California, I had library cards for Los Angeles County, Los Angeles City, Santa Monica, San Jose, San Francisco, Berkeley, and Oakland, and I could use the e-resources of any of these libraries.

Additionally, there is a plugin for Firefox called "Available Reads" that allows you to enter your Overdrive account information for your various library cards. Then, when browsing goodreads, the plugin will show you the Overdrive availability of the books you are browsing at all of the libraries at which you are a member, and provide links out to the catalog entry for those libraries' copies of the ebooks/e-audiobooks.

Yes. Most publishers want 25-40% of the book's cover price.

ACX/Audible pays 40% for exclusive royalties. So your $30 audiobook will get you $12 in royalties. Amazon makes $3 from your subscription or $18 if someone buys it straight up.

Even at a 25% royalty structure you're still looking at $7.50/audiobook which doesn't work well with an all you can listen/netflix style program as 2-3 books puts the store in the red. Some companies will offer 'all you can listen' but will cut you off if you listen too much.

To get it to work publishers would need to agree to a flat fee for unlimited listens for a period of time. Which doesn't seem likely at this point.

Scribd's model is pretty close. They've moved from a monthly token system to flat fee for nearly unlimited listening.

Audible has just started doing that, but only for Romance novels. A very specific subset of the market, including some "fun" filter options.

The article mentions, that sources could not confirm which nation launched the attack.

I would guess Electric Discharge Machining.

To outperform 8% a year after a 90% drop, you would need to have made 35% for a decade. Are you actually earning that much?

Sp500 over the past decade has earned 14%. Would you stil be up? That means you earned 43% a year for a decade?

The issue isn't how much risk there is in opening it. The problem is that regardless of how much or little risk there is in opening the link, it wasn't op's job to examine it. It was unnecessary risk to open the link.

It's unnecessary to look at something on imgur, too, but that doesn't mean you should get reprimanded if that causes a hack somehow.

I mean, it's not my job to refill the office coffee pot when I take the last cup of coffee, either, but since I'm decent to my coworkers I'd probably do it. Not the OP, but since I know how to open a malicious link safely in wget I would happily do that for similar reasons, and if I got reprimanded for it "not being my job"... I'd start looking for a new job where I'm respected for what I'm able to do.

The article discussed this but said that even within family's IQ is going down by generation so it cannot be entirely the effect you described.

Maybe, even within families, it's higher-IQ siblings who'd rather do non-reproductive stuff.

Edit: Upon reflection, that's rather an ugly way to say it. And in saying that, I was thinking of the well-established fact that reproduction rate is inversely related to educational level and so on.

Paywall and outline does not work.

If investors were putting more capital into short term bonds, wouldn't the yield of short term bonds drop, not rise?

Yes, so in this case investors are instead placing more of their capital in liquid assets, like public equities. With investors optimistic about the economy, keeping in mind that coupon rates rise during good economies, we would expect higher yield rates in the short term with optimistic investors having both the expectation that equities will outperform those bonds (so capital is allocated away from bonds) and secondly that interest rates will rise as the economy improves. This is exactly what we see when we look at the 1-mo to 1-yr bonds.

Coincidentally, the Fed just announced that interest rates aren't expected to rise this year, so we should see a decrease in the yields of the 1-mo to 1-yr bonds.