Endorsement: Tyler Cowen writes that Brian Merchant’s The One Device: The Secret History of the iPhone is “excellent.”  (Marginal Revolution)

Quote of the Day

"Social media can be amazing sometimes. You never know what is going to happen. If you open yourself up to randomness cool things can happen."

(Jeff Carter)

Chart of the Day

Emerging market bonds have had a good year.

(barrons.com)