Its Monday the 26th, when Xmas is officially celebrated. Enjoy your Boxing Day with these morning reads:
• In American Towns, Private Profits From Public Works (Dealbook)
• How to Teach Evidence Based Investing (A Teachable Moment)
• The Big Retirement Savings Mistake That Workers Should Stop Making (Investor’s Business Daily)
• How to Cash In Unwanted Gift Cards (Barron’s)
• Basic Income Won’t Solve Robot Automation. A new report instead recommends changing the social safety net. (Inverse)
• Fake News Capitalizes on the Conjunction Fallacy to Make Stories Seem Believable (Slate) see also For Fact-Checking Website Snopes, a Bigger Role Brings More Attacks (New York Times)
• Why Amazon Has No Profits (And Why It Works) (Andreessen Horowitz)
• Trump Is Already Ditching His Movement (National Review)
• Proof that life is getting better for humanity, in 5 charts (Vox)
• James Comey’s year of unintended — and ruinous — consequences (Washington Post)
Be sure to check out our Masters in Business interview this weekend with Bruce Tuchman, who brought numerous US cable channels — Nickelodeon, AMC Global, MGM, Sundance, etc to a global audience.
US, Canada, UK, Australia: Housing Affordability Ratio
Source: Economic Cycle Research Institute
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