Easy Pickings, Broken Brains and Dodging the Tax Man
(Bloomberg View) -- My digging-out-of-the-nor’easter morning train reads:
- The Great Inflation Mystery: The people who set interest rates don’t know what causes inflation, how to measure it, or how to move it up and down (Bloomberg Businessweek)
- When Finance Turns Parasitic (Institutional Investor)
- Easy pickings don’t last very long in life, sports or markets (Irrelevant Investor)
- Does indexing threaten the market? (Mathematical Investor)
- "Utterly horrifying": Ex-Facebook insider says covert data harvesting was routine (the Guardian); see also The Real Scandal Isn’t Cambridge Analytica. It’s Facebook’s Whole Business Model. (Slate)
- Why You Should Be Wary of Financial Robo-Advisors (Wired)
- Everyone Tries to Dodge the Tax Man, and It Keeps Getting Easier (FiveThirtyEight)
- Does testosterone make you mean? (the Guardian)
- My Candid Conversations With Extremely Online Folks Who Suffer From Internet Broken Brain (Esquire)
- There’s a small chance an asteroid will smack into Earth in 2135. NASA is working on a plan. (Washington Post)
What are you reading?
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Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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