Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at why rich people in America keep working instead of kicking back.
Quote of the day
“Because impeachment happens so infrequently, it’s hard to draw conclusions about what it does, or even how it works, and, on each occasion, people spend a lot of time fighting over the meaning of the words and the nature of the crimes. Every impeachment is a political experiment.” – Jill Lepore
Book excerpts
- An excerpt from Edmund Morris' new biography of Thomas Edison. (bloomberg.com)
- An excerpt from "Late Bloomers: The Power of Patience in a World Obsessed with Early Achievement" by Rich Karlgaard. (saturdayeveningpost.com)
Profiles
- A big profile of Neil Woodard, from his rise and now epic fall. (ft.com)
- On the decline and fall of Rudy Giuliani, once the most popular political figure in America. (gq.com)
- Bruce Springsteen asks: 'How do I sum up my experience to this point?' (washingtonpost.com)
Companies
- Why did the Boeing ($BA) Max planes crash? "It’s a story about an iconic American giant that lost its way because of mergers, risk-aversion, and excessive outsourcing." (perell.com)
- Spotify ($SPOT) arguably rescued the music industry. What comes next? (fortune.com)
- In an industry under pressure, Costco ($COST) is a well-oiled machine. (retaildive.com)
Innovation
- History shows that deliberately slowing the pace of innovation doesn't make the transition any easier. (wsj.com)
- Progress grinds to a halt when critical thinking goes out the window. (rpseawright.wordpress.com)
- The West is at-risk of losing the new Internet age to China. (stratechery.com)
Zoning
- Are new zoning laws going to ease home price increases in Oregon? (wsj.com)
- Minneapolis is set to end single-family zoning in an entire city. (theatlantic.com)
Longreads
- When the financial exchanges went for-profit they pushed regulation to the back burner. (foreignaffairs.com)
- North Carolina is now arguably the most innovative state when it comes to health care delivery. (politico.com)
- How the 2010s broke our sense of time. (buzzfeednews.com)
- Can you really be addicted to video games? (nytimes.com)
- Why does Newsweek still exist? (cjr.org)
