Weekend here! Pour a cup of coffee (oops) over the weekend, grab a seat on the hammock, and get ready for our long weekend read:
A How America sold Little League baseball The privatization of American youth sports in the last 40 years is one of the last revolutions of capitalism that will shock us even more. We’ve turned millions of children’s play into a 19.2 billion business, undermining volunteer-based programs that promise affordable play for all children. This is a trend reflected in our schools, hospitals and the military. Once privatized public institutions are being privatized, with many unintended consequences. (America)
A The future of crypto is more exciting than the present, and perhaps even more volatile: Despite its huge technical and financial potential, the crypto industry seems to be difficult to penetrate into the mainstream, as investors withdraw to safe havens while regulators adhere to more rules. (Baron)
A The end result of corporate activism Companies are unfaithful allies in the fight for strange rights and social justice. The movement of the working people must be restructured. (Boston Review) See more How capitalism destroys culture: Beware of splashing corporate gestures when they keep existing power structures intact (The Atlantic)
A The sadness of being addicted to streaming: A Decade After the Influence of Music Algorithms, See Which Streaming Services Are Most Affordable Fans And Which Are Below The Surface. (Pitchfork)
A Newton’s Alchemy: Celebrating Failed Tests and Progress Like a good bubble, Alchemy attracted a bunch of smart guys, including Newton, to try to crack the gold promise and immortality code. The extraction of their failed efforts has created a new, larger and much more important field of study. (Not boring)
A Seven types of stupidity (and what to do about them) Much has been said about the nature of intelligence, while the subject of stupidity is relatively neglected – even though it surrounds us, confusing us. This is probably because we assume stupidity is simply a lack of intelligence. I think there is more to it than that. It comes in many different forms; What follows is by no means comprehensive. (Rafian)
A The government has finally realized that hackers are good people The more attractive — and potentially more important — elements of the new charging policy focus on security research and what it means to exceed authorized access. (Slate) See more How GDPR is failing The world’s leading information law companies change how they operate. But four years later, there is a gap to clear Big Tech. (Wire)
A This old man: Life in the nineties: I’m ninety-three, and I feel very good. Well, pretty much, unless I forgot to take a few Tylenol in the last four or five hours, in this case I started to feel some shaking little pain under my left hand and at the tip of my thumb. Ringworm, in 1996, results in nerve damage. (New Yorker)
A They have all acted in ‘Godspell’. Then they became comedy legends. An oral history of the 1972 Toronto production featuring Martin Short, Eugene Levy, Gilda Radner, Andrea Martin, Victor Garber and Paul Schaefer. (Washington Post)
A The wonder mystery behind it Oklahoma Softball, the most influential team in the sport. Softball’s most inevitable hitter and most inevitable team has trampled on another annoying opponent, as they almost always trample on an annoying opponent: the Oklahoma University softball team is not just breaking the mold of dominance. This is how breaking the mold to be effective. (ESPN)
Be sure to check out our Masters in Business next week with Adam Parker, founder of Tribute Research. Sunford c. Former head of Bernstein’s research, he was the # 1 ranking semi-analyst before becoming Morgan Stanley’s chief U.S. equity strategist and director of Global Quantum Research. As a member of MS’s Global Investment Committee, he has helped manage $ 2 trillion in personal assets.
A wonderful acquisition. Marvel’s acquisition of Disney was a genius
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