The weekend is here! Pour yourself a mug of Volcanica coffee, grab a seat by the pool, and get ready for our long-form weekend read:
• There are hidden fees to make your banana and everything else costs more: A cadre of ocean carriers is charging extra, potentially illegal, fees on shipping containers stuck due to port congestion. Sellers of furniture, coconut water, and even baby potties say the fees are driving up costs. (ProPublica)
• How Amusement Parks Conquered America From the trolley parks of the early 20th century to today’s theme parks, these shared pleasure spaces have been both a reflection of urban life and an escape from it. (CityLab)
• The biggest challenges to a hybrid workplace—and how to overcome them Ensuring hybrid and remote workers are productive and content has never been easier. But it can be done. (Wall Street Journal)
• How one restaurateur transformed America’s energy industry Charif Souqi’s longshot bet on liquefied natural gas, or LNG, has paid off handsomely — and turned the United States into a leading fossil-fuel exporter. (New York Times Magazine)
• The rise of dognapping: How skyrocketing prices for purebreds have led to pet scams, predatory leases and violent robberies How do we stop the dog epidemic? (grid)
• These are the best and worst of times for the semiconductor supply chain: Chips are in short supply. Chips are supplied extra. Chip manufacturing expanded too quickly and outpaced demand, but could not scale fast enough to meet demand. The chip business is booming. Chip stocks are falling. It’s a confusing time to figure out what’s going on in the semiconductor industry. (Quartz)
• How Uber won access to world leaders, deceived investigators and exploited violence against its drivers in a battle for global dominance: When the ride-hailing giant called, powerful politicians answered, revealing leaked text messages and emails. (International Consortium of Investigative Journalists)
• The world as a game What is a game? Ludwig Wittgenstein famously chose this vague concept to explain what he meant by “family resemblance,” where individual members of a class can be determined to meet necessary and sufficient conditions for admission and in turn share certain characteristics with others in the class. , others with others. (freedom)
• The Hidden History of Tehran’s Red-Light District: After a revolutionary mob torched Shahrinau in 1979, Iranian authorities erased all traces of the neighborhood that had served as Tehran’s red light district since the turn of the century. Simply resurrecting its story represents an important intervention in the current struggle for women to claim public space. (failure architecture)
• Van Ghost: The Long Hard Road to Becoming Vincent Van Gogh. More than a hundred years later, the painter who is notoriously (and wrongly) famous for not selling more than one painting and refusing recognition is now a household name. We can’t stop talking about her. (Smart Set)
Be sure to check out our Masters in Business next week with Antti Ilmanen, Co-Head of Portfolio Solutions Group AQR Capital. Ilmanen’s market theory and research is highly respected, and he has won multiple awards, including the Graham and Dodd Award, the Harry M. Markowitz Special Distinction Award, multiple Bernstein Fabozzi/Jacobs Levy Awards and CFA Institute’s Leadership in Global Investments Award. His recent book “Investing in low expected returns“
The housing shortage is no longer just a coastal crisis
Source: New York Times
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To know how these readings stack up each day, see this.