10 Sunday Reads – The Huge Image

Avert your eyes! My Sunday morning have a look at incompetency, corruption and coverage failures:

The Sluggish-Movement Coup Mark Danner What has Donald Trump taken from our democracy? Donald J. Trump’s important benefit is to be at all times underestimated: handled as a narcissistic fop, a deranged and ignorant bull within the china store of American governance. True, he flaunts his narcissism and mythomania with petulant and unflagging satisfaction. However for all that, he’s a connoisseur of grievance and resentment and outrage, and a grasp at shaping from these profitable political feelings a inventive and motivating message. (New York Evaluation of Books)

The World’s Hottest Housing Markets Are Going through a Painful Reset Frothy property markets are poised for double-digit value declines as shoppers face mounting monetary pressures. (Bloomberg)

The concentrate on misinformation results in a profound misunderstanding of why folks imagine and act on unhealthy data: Misinformation has been a distinguished paradigm within the rationalization of social, political, and extra just lately epidemiological phenomena because the center of the final decade. Nevertheless, Daniel Williams argues {that a} concentrate on misinformation is limiting when used to elucidate these phenomena. Primarily, because it distracts us from extra essential methods through which data might be deceptive, and it overlooks the social dynamics of competitors concerned in data marketplaces that produce efficient rationalisations of the favoured narratives of various social teams. (London College of Economics)

Oops, Minnesota By accident Legalized THC-Spiked Seltzer Craft breweries are cranking out cannabis-infused drinks after a sudden legislation change. (Vice)

Dry Cleaners Have been Disappearing Even Earlier than the Pandemic: Starched shirts simply don’t have the identical enchantment they as soon as did. However there are forces larger than the virus at work right here. (Businessweek)

They constructed a Minecraft crypto empire. Then all of it got here crashing down: Youngsters within the Philippines have been incomes a whole lot of {dollars} from a play-to-earn Minecraft sport, till new guidelines despatched the neighborhood right into a tailspin. (Remainder of World)

Insurers power change on police departments lengthy immune to it The excessive price of settlements over police misconduct has led insurers to demand police departments overhaul ways or forgo protection. (Washington Submit)

Extra Than 335,000 Lives May Have Been Saved Throughout Pandemic if U.S. Had Common Well being Care: In the USA, loss of life charges from COVID-19 are larger than in another high-income nation—and our fragmented and inefficient well being system could also be largely accountable, Yale researchers say in a brand new research. (Yale College of Public Well being)

The Martha’s Winery migrant flight has echoes of a darkish previous: Reverse Freedom Rides: The Residents’ Councils tried to cloak their racism in respectability, Webb mentioned. They held conferences in fancy downtown resorts and wore fits and ties.”They may very well be members of the police power,” mentioned Webb. “They may very well be bankers, businessmen and the like.” (NPR)

VCU apologizes for 1968 transplant through which Black man’s coronary heart was taken with out consent: “VCU humbly acknowledges and deeply regrets the historic inequity and systemic marginalization of people as they don’t replicate the society VCU works to advance — one through which folks of numerous backgrounds and experiences are given the dignity and respect their humanity deserves.”   (Richmond Instances-Dispatch)   

Remember to try our Masters in Enterprise interview this weekend with Albert Wenger, Managing Accomplice at Union Sq. Ventures. He co-founded 5 corporations; was President of del.icio.us through the corporate’s sale to Yahoo; angel investor Etsy + Tumblr. Wenger is the creator of World After Capital, describing the shift to a Data Age + its implications for companies & society.


Institutional shoppers (>$50m) surveyed mentioned they have been extra more likely to sack their funding supervisor for talking out on a social or political difficulty than for receiving a regulatory sanction

Supply: CFA Institute


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