My back to work morning train WFH reads:
• Are You Rich? How the Wealthy Are Defined Many factors can influence the perception of wealth. (US News)
• The Safe Investment That Will Soon Yield Almost 10% The March surge in the consumer-price index is the latest boon to buyers of U.S. savings bonds that are adjusted for inflation, known as I Bonds (Wall Street Journal) See also Unsafe at any price Emerging market debt is like the Corvair car – systematically stripped of safety features like structural crash resistance, seat belts, and air bags (Financial Times)
• Will the bullwhip do the Fed’s job on inflation? The bullwhip effect is something every supply chain 101 student learns about – the idea that upstream providers overproduce in reaction to a one-time demand shock. (Freight Waves)
• How Panera Bread Navigated Covid, the Labor Market, Inflation and More Niren Chaudhary took over as C.E.O. just before the pandemic. He now has the company focused on climate change. (New York Times)
• OpenSea: The Reasonable Revolutionary. The marketplace behind NFT mania is just getting started. (The Generalist)
• Pinterest Is Turning Misinformation Into Good PR The platform banned content suggesting that climate change is a hoax, emphasizing that it offers more than surface-level home décor tips. (Slate)
• Is Your Vehicle Lease Ending Soon? Here’s What to Do Next The sharp rise in vehicle resale values during the pandemic has left many lease customers in an unusually advantageous position. (Wall Street Journal)
• How Kyiv was saved by Ukrainian ingenuity as well as Russian blunders Gym mats and mobile phone apps helped Ukraine’s forces win the battle for the capital (Financial Times)
• The big idea: should we get rid of the scientific paper? As a format it’s slow, encourages hype, and is difficult to correct. A radical overhaul of publishing could make science better. (The Guardian)
• That’s Not What a Psychopath Is Cartoon villains on TV crime shows obscure the huge social and personal costs of psychopathy, as well as the encouraging new science that can help treat it. (Open Mind)
Be sure to check out our Masters in Business interview this weekend with Luana Lopes Lara, co-founder of Kalshi, which has been approved by the Commodity Futures Trading Commission (CFTC) as an authorized Designated Contract Market (DCM). Kalshi operates a federally regulated exchange allowing investors to trade directly on the anticipated outcome of future events.
America’s Highest Earners And Their Taxes Revealed
Source: ProPublica
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