The weekend is a great time to catch up on some of the reading you skipped during the week. We hope you enjoy this set of long-form links.
Tim Richards, “Whether we like it or not, governments are forcing us to take risks with our capital or suffer a long and penurious old age.” (The Psy-Fi Blog)
On the “retirement bubble.” (Aleph Blog)
The myth of the middle age crisis. (Scientific American)
Finance and economics
How P/E ratios respond to real interest rates and inflation rates. (Research Affiliates via World Beta)
How to get a job in investment banking. (The Epicurean Dealmaker)
John Kay on the sorry state of the economics profession. (John Kay via The Psy-Fi Blog)
Peter Thiel on the “end of the future.” (National Review)
A look back at the iPhone 4S introduction. (Daring Fireball)
The one thing that got “inarguably better” in the 21st century was personal technology. (WSJ)
A look at Steve Jobs’ early career. (Businessweek)
The shale gas revolution hinges on its ability to avoid environmental damage. (FT)
The past decade in college degree attainment. (New Geography)
A real life pirate story. (NYTimes)
A look at the “Michael Lewis Effect.” (New York Magazine)
Robert Solow reviews Sylvia Nasar’s Grand Pursuit: The Story of Economic Genius.* (TNR)
An excerpt from Barry Ritholtz’s Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy* on the unintended consequences of government action. (Big Picture)
More excerpts from Colin Woodard’s American Nations: A History of the Eleven Rival Regional Cultures of North America.* (Bloomberg, ibid, ibid)
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