Q&A: Is civilization overrated? A talk with James Scott author of Against the Grain: A Deep History of the Earliest States: A Deep History of the Earliest States.  (Vox)

Quote of the Day

"Pretty much every single human with a smartphone and access to the internet could have bought Bitcoin and or Ethereum the last few years and trounced the best angel investors and venture capitalists."

(Howard Lindzon)

Chart of the Day

3-year asset class correlations with the S&P 500.

(stockcharts.com)