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Investors are ill equipped for our unfathomable future Gillian Tett, FT. Political risk.
The Cashless Society Is a Creepy Fantasy Bloomberg
CalSTRS Appoints Grant Boyken as Public Affairs Executive Officer MarketWired. A California political insider: “Nice reward for working with CalSTRS on PE bill.” Ka-ching.
FOIA Panel Sees Progress, Challenges for Law on 50th Anniversary Tax Analysts. “People who request federal records under the Freedom of Information Act may be surprised early next year to find the information they asked for already posted online for all to see.” A panelist says this may scare reporters. I dunno. I plant clover round my garden so the deer eat that and don’t go for the vegetables.
Theresa May’s Brexit war cabinet Politico (JI). “May’s decision to use a cabinet committee — which is at least half the size of a full cabinet — to run Brexit suggests she intends to control the process tightly.”
The Middle East and the Next Administration Chas Freeman, Lobelog. Must-read.
Meet the Man Who Should Be the Next Secretary of State The Nation. Chas Freeman.
Saudi Arabia hires 10th lobby firm The Hill
A Westphalian Peace for the Middle East Foreign Affairs
Biden hints at US cyber revenge on Russia FT. Because John Podesta’s emails are totally worth World War III.
Goldman Sachs paid speeches Wikileaks. Reading these, I’m thinking the $675,000 had nothing to do with the actual content….
Aide Planted Anti-Bank Comments in One Paid Clinton Speech to Throw Reporters Off the Scent The Intercept. Lincolin-esque!
Hillary Clinton Campaign Avoided Helping Single-Payer Ballot Measure, Emails Show International Business Times
Washington Post-ABC News poll: Clinton holds four-point lead in aftermath of Trump tape WaPo. Reversion to the mean.
Democrats Maintain Edge as Party ‘More Concerned’ for Latinos, but Views Similar to 2012 Pew Research. “[Hispanics’] attitudes about the Republican and Democratic parties – and levels of political engagement – are not much different than they were four years ago.”
Clinton Team Ran Highly Scripted Campaign, WikiLeaks Emails Indicate ABC. Film at 11! “Based on these emails it is not uncommon for six or seven of Clinton’s senior staff, including Podesta, Mook and three or four members of her communications team to weigh in on, edit and re-edit a single proposed tweet, let alone scrutinize proposed, formal campaign statements.” Good insight into how Clinton will govern.
Donald Trump campaign denounces, severs ties with Ohio Republican Party Chairman Matt Borges Cleveland Plain-Dealer. Doing them a favor, probably. Neither
StricklandPortman nor Kasich need Trump. There’s no upside for them at all.
Trump Will Lose the Election. But He May Still Win the War. In These Times. “He’s gearing up for a long war. Clinton would do well to do the same.” Depends on how you define the war, and whether you assume good faith.
How to achieve the bathroom of your dreams WaPo. “Personalize the space by shopping for vintage pieces, adding art, buying beautiful towels, selecting the right color paint, finding a great rug, placing an orchid in a decorative container, displaying special items on a tray, and adding a beautiful mirror and fabulous sconces.” And don’t forget a powerful fan!
Why the Economy Doesn’t Roar Anymore WSJ. Embrace the suck.
Capitalism & loneliness Stumbling & Mumbling
Why Capitalism Creates Pointless Jobs David Graeber, Evonomics
Tracking the gig economy: New numbers Brookings
Voters’ Education Level a Driving Force This Election WSJ. Education being one proxy for class (though imperfect, as with adjuncts, burger flippers with liberal arts degrees, etc.).
Securing Property Rights Edward L. Glaeser, Giacomo A.M. Ponzetto, Andrei Shleifer, NBER
The Fantastic Ursula K. Le Guin The New Yorker
Antidote du jour: