Ritholtz's Reads: U.K.'s Austerity Delusion

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Greeting from Sunny California! Our hand-curated, longer-form weekend reads:

  • The austerity delusion: The case for cuts was a lie. So why does Britain still believe it? (Guardian)
  • How Technology Has Affected Wages for the Last 200 Years (HBR)
  • Lessons From the “Flash Crash” Regulatory Fiasco (Huffington Post)
  • The Billionaire, the Dealer, and the $186 Million Rothko (Bloomberg)
  • Oklahoma’s Key Expert in Supreme Court Lethal Injection Case Did His Research on Drugs.com (ProPublica)
  • How to Optimize Your Flesh Prison (The Awl)
  • David Letterman Reflects on 33 Years in Late-Night Television (NY Times)
  • A Rare, Personal Look at Oliver Sacks’s Early Career (Vanity Fair)
  • Smashed Hits: Louie Louie -- Jack Ely, singer with the Kingsmen, has died. (BBC)
  • A Conservative Case for the Welfare State (Dissentsee also American politics isn’t about who you love. It’s about who you fear. (Vox)

Be sure to check out this weekend’s Master’s in Business interview with Anthony Scaramucci of SkyBridge Capital.

U.S. GDP, quarterly change at an annualized rate

WSJ

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor on this story:
Cameron Abadi at cabadi2@bloomberg.net