Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how a warmer planet increases demand for cooling technologies.
Quote of the Day
"Crypto might be a bubble, a flash in the pan that will enrich some speculators while impoverishing others. But it might also be a fundamental innovation that will lead to greater prosperity for all of society. And to many, that’s a bet worth placing."
(Tim O'Reilly)
Books
- An excerpt from "The Work of the Future: Building Better Jobs in an Age of Intelligent Machines" by David Autor, David A. Mindell and Elisabeth B. Reynolds. (engadget.com)
- A Q&A with Carl Erik Fisher author of "The Urge: Our History of Addiction." (npr.org)
- An excerpt from Oliver Roeder's "Seven Games: A Human History." (lithub.com)
- A review of “Where Is My Flying Car?” by J. Storrs Hall. (discoursemagazine.com)
Global
- Why is the Ukraine a relative economic failure? (noahpinion.substack.com)
- It's time to consider the consequences of a shrinking China. (grid.news)
Society
- It's hard to remember, but there was a time when children didn't have to do 'active shooter drills.' (vox.com)
- A law force-centric approach has failed at the war on drugs. (wsj.com)
- Time and technology have outpaced our fragile democratic institutions. (interfluidity.com)
Longreads
- How Citadel Securities became the 'Amazon of financial markets.' (on.ft.com)
- Why electric pickup trucks, like the Ford ($F) F-150 Lightning, may be the key to the switch in the U.S. (newyorker.com)
- This story shows why you should give your money away during your lifetime and not set up a foundation to fulfill your wishes. (indianapolismonthly.com)
- What Cameo understands about modern fandom. (ft.com)
- Why do we think we can understand what an octopus is thinking or feeling? (hakaimagazine.com)