Excerpt: How big ideas (still) change the world from Rutger Bergman’s Utopia for Realists: How We Can Build the Ideal World. (Wired)

Quote of the Day

"The business model for many industries — mutual funds, venture capital, book publishing, movies, TV — are predicated on throwing a bunch of stuff against the wall in hopes that a few big winners emerge to offset the losers."

(Ben Carlson)

Chart of the Day

The US tobacco business is still rolling in cash.

(wsj.com)