My back to week morning train reads:
• The Death of Cars Was Greatly Exaggerated (Wired)
• As Investors Try To Be More Ethical, Some Find No Escape From Businesses They Detest (NPR)
• The Real Reason Value Has Been Lagging Growth (Institutional Investor)
• Think you know the lessons from ‘Black Monday’? Think again. (WSJ)
• Everything You Need to Know About Recessions (Wealth of Common Sense)
• Who Actually Feels Satisfied About Money? (The Atlantic)
• Why venture capital doesn’t always make sense for fashion (Vogue Business Talent)
• How the baby boomers broke America (Politico)
• Spacetime foam: The Universe Is Made of Tiny Bubbles Containing Mini-Universes (Vice)
• TikTok Girls Dance to Audio of Toxic Exes’ Rants in Latest Darkly Funny (and Empowering) Trend (Rolling Stone)
Be sure to check out our Masters in Business interview this weekend with Nobel Laureate Michael Spence, discussing his work on the dynamics of information flows and market structures, and his book, The Next Convergence: The Future of Economic Growth in a Multispeed World.
Costs of education + healthcare increase much faster than wages + overall consumer prices
Source: Torsten Sløk, Deutsche Bank Securities
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