11.04.124:45 AM ET

The Week’s Best Business and Finance Longreads: Business Beast’s Picks for November 2, 2012

From climate change and Sandy to penny stock fraud in Florida, The Daily Beast picks the best business and finance journalism from around the web this week.

It's Global Warming, Stupid

Paul M. Barrett, Bloomberg Businessweek

The time for debate is over, our freakish catastrophic weather is caused by global warming

Running the Data on a Romney Presidency

Ezra Klein, Bloomberg View

What does Mitt Romney really care about? Management.

Nate Silver’s Braying Idiot Detractors Show That Being Ignorant About Politics Is Like Being Ignorant About Sports

David Roher, Deadspin

To sports fans, the debate over Nate Silver and the use of advanced statistics in politics should be very, very familiar. They’ve already had it and the geeks won.

Should The US Government Be Bailing Out My Parents’ Flooded Basement?
Simone Foxman, Quartz

Why is the government so willing to hand out money to repair flood-damaged homes but not to prevent the damage in the first place?
How Goldman Sachs protects itself from a hundred-year storm
Felix Salmon, Reuters

How the financial industry’s Wall Street skyscrapers are just like their risk models
Fraud Case Delayed By 2 Months
Floyd Norris, New York Times

Did a law designed to encourage start-ups just make things easier for fraudsters?
The Long Con: Mail-order conservatism
Rick Perlstein, The Baffler

Understanding right-wing movement conservatism as a business of newsletters and product endorsements.