Book Endorsement: Mark Zupan’s Inside Job: How Government Insiders Subvert the Public Interest “is now the very best book on how special interest groups subvert the quality of public policy.”  (Marginal Revolution)

Quote of the Day

"Sadly, it’s often the smartest sounding narratives that turn out to be the most dangerous because they’re the most difficult to debunk."

(Cullen Roche)

Chart of the Day

S&P Global ($SPGI) is benefiting from the rise in indexing and ETFs. ‘