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Perspective WSJ - Leonardo da Vinci Painting 'Salvator Mundi' Smashes Records With $450.3 Million Sale - Kelly Crow 11/16 * "Leonardo da Vinci’s rediscovered portrait of Jesus Christ sold at auction for $450.3 million, making it the most expensive work of art ever sold." * "
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If you were only to read one thing… FT - Venezuela debt restructuring could unleash crisis - John Paul Rathbone 11/3 * "President Nicolás Maduro’s decision to restructure Venezuela’s $89bn of debt is likely to unleash a debt crisis of a size not suffered in Latin America since Argentina’
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Perspective Economist - The political economy of witchcraft - Daily Chart 10/31 * "How early modern witch-hunters resemble contemporary politicians." Tax Foundation - 2018 State Business Tax Climate Index 10/31 Axios - Cost-cutting could stunt the health care jobs expansion - Christopher Matthews 10/25 NYT - A Peek at Future
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Happy Halloween! If you were only to read one thing… FT - Billionaire boom is a sign that rates need to rise - Merryn Somerset Webb 10/27 * "It has been a good week for billionaires. The UBS/PwC Billionaires Report 2017 claimed the combined wealth of the world’s 1,
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The tally is in - daily (or at least close to it). Perspective WEF - This chart might change how you think about migration - Frank Chaparro 8/29 How Much - How Trump Tax Rate Changes Affect You - Raul 10/22 Economist - Globalization has marginalized many regions in the rich world 10/27
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The corporate drug industry has had many friends in Washington D.C. until now... Amazon is taking over the package room of your apartment building. China's property boom unlikely to end anytime soon. Headlines Economist - The Philippine army recaptures a city seized by Muslim insurgents 10/17. After
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Perspective WSJ - Daily Shot: Spanish Empire at its Peak 10/10 * "Since Monday was Columbus day, here is the size of the Spanish Empire at its peak (in 1790)." WSJ - America's Retailers Have a New Target Customer: The 26-Year-Old Millennial - Ellen Byron 10/9
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Perspective WSJ - U.S. Families' Wealth, Incomes Rose, Fed Survey Says - Harriet Torry 9/27 WSJ - Daily Shot: International Labor Organization - Regional Prevalence of Modern Slavery 10/2 Economist - At least 58 people are killed and 515 injured in a shooting in Las Vegas 10/2 Economist - High-net-
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Perspective NYT - Why Aren't Paychecks Growing? A Burger-Joint Clause Offers a Clue - Rachel Abrams 9/27 * "As economists try to understand why wages have stagnated across the country’s economy, they are examining the cheap labor part of the equation closely. A few have zeroed in
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If you were to read only one thing… Bloomberg Businessweek - Ronaldo Is Hawking One of the World's Riskiest Derivatives - Donal Griffin 9/20 * The product: Contracts For Difference (CFDs) * "CFDs, called 'a volatile form of gambling' by an Irish judge in 2014, make up one
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If you were to read only one thing… NYT - How Did Marriage Become a Mark of Privilege? - Claire Cain Miller 9/25 * "Marriage, which used to be the default way to form a family in the United States, regardless of income or education, has become yet another part of
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Perspective Howmuch.net - The Working Class Can (Not) Afford the American Dream - Raul 8/31 Howmuch.net - The Rising Costs of Sending Your Kids to a Private School - Raul 8/20 Howmuch.net - Status of US State Economies - Raul 8/15 Worthy Insights / Opinion Pieces / Advice Bloomberg Businessweek - Why Private