Links - Society and Capital

QUOTE OF THE DAY

...the world feels like a wet piñata full of shit and spite -- Wired 

CHART OF THE DAY

SOCIETY AND CAPITAL

Americans Are Worth More, and Saving More Money, AIER. " Overall, improving household balance sheets and a healthy savings rate are positives for consumers and the economy."  

Green Bonds: A Surging Market for Socially ResponsibleInvesting, ThinkAdvisor.  "The green bond market could double in size this year"  

Secrets of the Sharing Economy, Bloomberg.  

Still Living in a Fossil Fuel World, ConversableEconomist.  

Malaysiaand Islamic Finance in Emerging Markets, Advisor Perspectives.  "…by 2020, total assets in global Islamic finance are expected to reach more than US $3 trillion."  

Here's What Happened To All 53 of Marissa Mayer's YahooAcquisitions, Gismodo.  [think "shut-down" and "acqui-hire" first] 

How Work & Marriage Trends Affect Social Security’sFamily Benefits, Boston College.   

The Gig Economy Explained, Visual Capitalist.  "Regardless of which is true[good vs evil], there is no doubt that the gig economy has been a boon to tech investors. Some of the biggest valuations today come from companies taking advantage of this model."  

Porn, Copyright Law and a Raised Judicial Eyebrow, Bloomberg. "The Talmud calls this being “a scoundrel under the authority of the Torah.” The rabbis don’t like it any more than the judiciary does."  

The Invisible Forces Behind All of Our Decision-Making, LongReads.com   "Berger focuses on the immense sway others have over the choices we make—whether we’re imitating or differentiating from them—often in ways we aren’t aware of. " 

The War on Stupid People. theAtlantic.  " American society increasingly mistakes intelligence for human worth." 

Facebook is wrong, text is deathless, Kottle.org.  " Text is surprisingly resilient. It's cheap, it's flexible, it's discreet. Human brains process it absurdly well considering there's nothing really built-in for it. Plenty of people can deal with text better than they can spoken language, whether as a matter of preference or necessity. And it's endlessly computable -- you can search it, code it. You can use text to make it do other things."  

The Psychology of Discount Rates, 10 Reasons We Rush forImmediate Gratification, Psychology Today.  "Here are 10 reasons why people care less about a future consequence and more about the present—and why it's so often a mistake."  

There has never been a country that should have been so richbut ended up this poor, Washington Post.  "Venezuela has become a failed state." 

ChinaSpends More on Infrastructure Than the U.S.and Europe Combined, Bloomberg. 

The Wealth Inequality Problem in One Chart, VisualCapitalist. 

Not Just the 1%: The Upper Middle Class Is Larger and RicherThan Ever, WSJ. "a growing body of evidence suggests the economic expansion since the 2007-2009 financial crisis has enriched a much larger swath of the upper middle class, and that a deeper income divide is developing between that top quarter or so of the population and everyone else."  

Wyoming Wind Power leaves Coal Miners in the Dust.  NYT 

Solar Power to Grow Sixfold as Sun Becoming CheapestResource, Bloomberg

Teens should have summer jobs, the less glamorous the better, QZ.com