Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at society’s addiction to caffeine.
Quote of the Day
"The pandemic took this decades-long trend of distributed workforces, isolated people and online identity creation and accelerated it into warp speed."
(Josh Brown)
The FDA
- The FDA has been lax in cracking down on dicey supplement peddlers. (menshealth.com)
- The reputation of the FDA has been falling for decades. (theatlantic.com)
Cities
- Downtown central business districts were vulnerable even before Covid. (nytimes.com)
- More highways don't make for better cities. (texasobserver.org)
Business
- Moderna ($MRNA) has pioneered mRNA vaccines. Can they turn their lead into an enduring business? (bloomberg.com)
- How the world of work has changed in the past year and a half. (politico.com)
- The story of Eastman Kodak is one of American disruption. (theatlantic.com)
Longreads
- Communities have always been important in investing. Now they are out in the open and Wall Street is paying attention. (thereformedbroker.com)
- A lot of elite master's degrees have an iffy payoff, especially if you borrow. (wsj.com)
- What you need to understand about Africa today. (readthegeneralist.com)
- If you squint, you can see the end of the 'War on Drugs.' (nytimes.com)
- How sports team owners use loopholes to avoid taxes. (propublica.org)
- The real story behind the 'Chinese seed packet' panic of 2020. (theatlantic.com)
- A profile of 'Ted Lasso' star Jason Sudeikis. (gq.com)