Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the global nursing crisis.
Quote of the Day
"If this TikTok-ification of the music biz continues, what will be the end result? Here it is, in a single sentence: Only unsuccessful musicians still need a label. Think over the deep implications of that fact."
(Ted Gioia)
Book excerpts
- A Q&A with David Gelles author of "The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America — and How to Undo His Legacy." (the.ink)
- An excerpt “Meet Me by the Fountain: An Inside History of the Mall” by Alexandra Lange. (nytimes.com)
- A Q&A with Jared Rubin and Mark Koyama authors of "How the World Became Rich." (vox.com)
- An excerpt from "The Divorce Colony: How Women Revolutionized Marriage and Found Freedom on the American Frontier" by April White. (smithsonianmag.com)
- A Q&A with Lisa L. Lewis author of "The Sleep-Deprived Teen: Why Our Teenagers Are So Tired, and How Parents and Schools Can Help Them Thrive." (melindawmoyer.substack.com)
Longreads
- A number of trends have come together to challenge the rise of ESG. (on.ft.com)
- Social media is ubiquitous, but we really don't all of its costs. (newyorker.com)
- Just how decentralized is something like Bitcoin? (nytimes.com)
- How the island of Lanai has changed since Larry Ellison purchased it. (bloomberg.com)
- When it comes to pedestrian deaths, drivers get the benefit of the doubt. (newyorker.com)