Barry Ritholtz, the godfather of financial blogging (and not your typical Occupy Wall Street protester) calls the U.S. a “corporate monarchy” and wonders “Why have the Europeans figured out they are getting screwed, and we haven’t?“
Michael Chabon is really into prog rock. And I just picked up a couple of great Emerson Lake & Palmer LPs. So now I’ve got a soundtrack for reading Telegraph Avenue, which I’m especially stoked on after our own Michael Bourne’s review of the novel, devoted as I am to the “brilliant little brushstrokes of language.”
Point: “Repeated surveys show that children spend less time reading than did previous generations. They instead devote many hours of their waking lives to electronic screens of one kind or another.” Counterpoint: “Generation Y, those born between 1979 and 1989, spent the most money on books in 2011, taking over long-held book-buying leadership from baby boomers…with 43 percent of GenY’s purchases going to online channels, they are adding momentum to the industry shift to digital.” Conclusion?