Is there a dark side to exchange traded funds? An information perspective (PDF) Doron Israeli, Charles M. C. Lee, and Suhas A. Sridharan. This paper at SSRN has gotten some buzz, so here is a link to the original.
How a Prepaid Card Company Emerged as a ‘Major Opponent’ to CFPB Inside Counsel (SS).
Keep Your Eyes on the Protests in Russia’s Provinces Foreign Policy
Brexit Negotiations: Why Bother? MishTalk (EM).
Theresa May’s Pyrrhic Victory Anatole Kaletsky, Project Syndicate
Jeremy Corbyn gets personal in one-off campaign speech Guardian (DK).
Labour vows to end ‘rigged economy’ with new employment rights Belfast Telegraph
Inside Macron’s inner circle The Sunday Times
Can China Replace the West? NYRB. “The Party is convinced that the West fomented the string of so-called color revolutions demanding democratic governance that took place during the 2000s—from Ukraine, Georgia, and Kyrgyzstan to Lebanon and Iran. It fears and expects similar subversion in China.”
Why China Is Not Bound to Lead Latin America The Diplomat
“If You Take East-Syria, I’ll Take That Yemeni Port” Moon of Alabama
Rouhani’s Path to a Second Term Foreign Affairs
When It Comes to Iran, Trump & Company Ignore Facts by Publius Tacitus Sic Semper Tyrannis (GF).
MRAs are the same all around the world Pharyngula (CL).
Who pays for Thaad? Korea JoongAng Daily
National Security Chief Tells South Korea U.S. Will Pay for Defense System WSJ. “Clean up on Aisle 45…”
Was All The “Trump is Hitler” Rhetoric Right? Ian Welsh (MR).
More “100 days” takes:
Ronald Reagan to Donald Trump: Comparing first 100 days of last six presidents Susan Page, USA Today. Useful!
President Trump: In my first 100 days, I kept my promise to Americans Donald J. Trump, WaPo
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A key part of Trump’s tax plan just hit a roadblock with Republicans Business Insider
Trump’s Tax Plan Leaves the Swamp Untouched The American Conservative
David Ignatius’ 15 Years of Running Spin for Saudi Regime FAIR (WB). Ka-ching.
Ohio family surprised when Mark Zuckerberg comes to dinner WCHM. So he is running.
Tribune Comment: Fyre Festival Organisers Showed Disrespect In Clashing With Regatta Tribune 242. From the locals in Nassau, Bahamas.
Tom Hanks is fed up with NFL billionaires scamming taxpayers for stadiums Think Progress. Hanks: “‘Here’s the thing I don’t quite understand. And I’m not trying to — this isn’t one of the (many) causes I’m fighting for. I’m just thinking as a fan: It’s a billion-dollar industry, they have billion-dollar TV contracts. All the owners are billionaires,’ Hanks said. ‘And yet when they want to build a stadium they’re going to use for 10 weeks out of the year, they expect the city taxpayers to buy the building.'” Farfetching freely, I’m reminded of Van Halen’s famous contract rider specifying no brown M&Ms in the backstage candy bowl. They were pilloried for rock star entitlement and excess, but in fact “the bowl of M&Ms was an indicator of whether the concert promoter had actually read the band’s complicated contract.” Similarly, to a squillionaire, a wretchedly excessive stadium deal has about the same significance as a candy bowl, but the deal might be a good index into the political climate, a risk-free proxy for other, genuinely important, deals they wish to put through.
Yes, Obama’s $400,000 Speech is a Problem Richard Eskow, LA Progressive. Eskow: “Obama’s payday reflects a longstanding pattern of behavior from Democratic leaders: Talk like liberals, govern from the center, and make a lot of money once you’re out of office.”
Is $60 million really not enough for the Obamas? Ruth Marcus, WaPo
What Photographers Of The LA Riots Really Saw Behind The Lens HuffPo. April 29, 1992….
Inside the Academic Journal That Corporations Love Pacific Standard (GF).
Antidote du jour (via):