Thursdays are all about longform links on Abnormal Returns. Wherever possible, free links for premium sites are used. You can check out last week’s linkfest including a look at why it is so challenging to find a viable blood substitute.
Quote of the Day
"This mediated transition from sadness to generalized anger to focused anger is entirely intentional."
(Ben Hunt)
Books
- Jack Raines talks with Nat Eliason author of "Crypto Confidential: Winning and Losing Millions in the New Frontier of Finance." (sherwood.news)
- An excerpt from "The Techno-Humanist Manifesto" by Jason Crawford. (freethink.com)
Global
- China's debt reckoning is ongoing. (wsj.com)
- How Ukraine spun up a defense industry. (bloomberg.com)
- Colombia is awash in cocaine. (nytimes.com)
- Why is 80% of Mexico is nearly empty. (unchartedterritories.tomaspueyo.com)
Behavior
- Forming a new friendship in adulthood requires bravery. (esquire.com)
- Why we love to scare ourselves. (thebeliever.net)
- Why advice fails. (dynomight.substack.com)
Longreads
- A horrible story of incentives gone wrong in the financial services industry. (wsj.com)
- Despite a temporary respite, California is increasingly at-risk of catastrophic wildfires. (paulkedrosky.com)
- The U.S. needs a strategic skilled immigration policy. (noahpinion.blog)
- The idea of 'bullshit jobs' is reductive, at best. (thediff.co)
- On the long, hard road to a viable blood substitute. (asimov.press)
- Coming forward always comes with a cost. (bookforum.com)
- Political polarization has increased among people who think a lot about politics. (time.com)
- How universities help whitewash the meat industry. (vox.com)
- The necktie is on borrowed time. (newyorker.com)
