Book review: Garett Jones’ Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own is a “wonderful book.” (EconLog)
Quote of the Day
"Still, if this [Square] IPO proves anything, it's that valuing companies is hard...Pricing a private fundraising round is a mystery, but pricing a public offering is also a mystery."(Matt Levine)
Chart of the Day
Why Nike ($NKE) should buy Lululemon ($LULU).