Denmark's Nice, Yes, But Danes Live Better in the U.S.
While some Americans long for the U.S. to be more like Denmark, research suggests Danes in the U.S. enjoy a higher standard of living than their counterparts across the Atlantic do. Tyler Cowen says a skeptical new book on Nordic socialism offers useful lessons for American Scandiphiles.
The Troubling Case of an Attorney General Who Lied
Kathleen Kane, Pennsylvania's attorney general, resigned in disgrace on Tuesday after a jury convicted her of lying under oath; those untruths could now net her up to 14 years in prison. To explain why perjury is such a grave crime (when, after all, everybody fibs), Noah Feldman traces out 3,000 years of legal history, going back to the time when the gods were divine law-enforcement agents.
One Group Is Responsible for Trump: Republicans
A Soros Plan, a Marginalized Israel
George Soros's Open Society Foundations tried to be less-than-open about its pressure campaign on Israel, according to a trove of newly leaked documents. Eli Lake takes a moment to savor the irony.
Egypt's Failing Economy Is Sisi's Fault
Billions of dollars of foreign aid haven't done much to revive Egypt's struggling economy, where unemployment is high, poverty is higher, and inflation is rising rapidly. The Bloomberg View editorial board places the blame squarely at the feet of President Abdel-Fattah el-Sisi, who seems more interested in pursuing outrageous mega-projects than reasonable economic reforms.
- The great productivity puzzle (The New Yorker)
- Hedge funds are losing endowments after exodus of pensions (Bloomberg)
- We read that 10,000-word interview with Apple CEO Tim Cook so you don’t have to (Recode)
(Read Barry Ritholtz's full daily news roundup.)
- Foxconn's accounting trap
- Ride-hailing makes strange bedfellows
- Read the label on big pharma's new sales
(Read more from BV's sister site for fast business commentary.)
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.