10 Friday AM Reads

My end of week morning train reads:

• Why Can’t Europe Do Tech? This is the best moment in decades for the continent to battle its way back to relevance. Its startups need to act like it. (Bloomberg Businessweek)
• The unreality of luck: Optimists believe in good luck, pessimists in bad. But if it’s all a matter of perspective, does luck even exist? (Aeon)
• The Half-Life of Investment Strategies (A Wealth of Common Sense)
• How America Convinced the World to Demonize Drugs (Vice)
• Bribes, Backdoor Deals, and Pay to Play: How Bad Rosé Took Over (Bon Appetit)

Be sure to check out our Masters in Business interview this weekend with Richard Sylla, professor emeritus of economics at New York University’s Stern School of Business, and the author of several books, including “A History of Interest Rates” and most recently, “Alexander Hamilton: The Illustrated Biography.” He notes that rates in recent years are “the lowest in history, from the Code of Hammurabi to Babylon Civilization, Greek and Roman Civilization, the Middle Ages, Renaissance, right up until the present.”

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