Lots of interesting reading to start the week:
• Once bullish, contrarian Jim Grant likes cash now (Aleph Blog)
• In defence of the Shiller p/e (The Economist)
• Yes, This Is Called the Dismal Science. Why Do You Ask? (Delong)
• Caroline Baum: Both Parties Wrong on Tax Breaks for Big Oil (Bloomberg)
• China hit by worst energy crisis in years as drought compounds chronic power shortages (Washington Post)
• Agreeing on Groupon (HBR)
• The Wave-Maker (Vanity Fair)
• How spam works, from end to end (BoingBoing)
• Fantasy Island – Are Republicans losing their grip on reality? (Slate)
• How our bits shape us: James Gleick’s “The Information” (Nieman Lab)
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