10 Tuesday PM Reads

Some afternoon train reading to end your day:

• Active management industry in bafflingly good health (FT)
• The bearish verdict from market cycle analysis (Humble Student of the Markets)
• Enron-style price gouging is making a comeback (Al Jazeera America)
• How Milton Friedman Fomented the Barmy “Corporations Exist to Maximize Shareholder Value” Myth (Naked Capitalism)
• U.S. Uninsured Rate Drops to 13.4% (Gallup)
• Summers: Britain’s Economic Recovery Is Not A Sign That Austerity Works (Investors) see also Government Investment Hits Lowest Level Since World War II (Think Progress)
• ‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever (Wired)
• McConnell’s Nuclear Blunder Haunts Republicans (Bloomberg View)
• Performance Enhancing Drugs in Hollywood (& porn)  are not as stigmatized as in sports. (Sports On Earth)
• Culture Is the Key to Groundbreaking Creative Work (Brain Pickings)

What are you reading?


Tech IPOs went from frenzy to fizzle in about a month

Source: Quartz


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