My back-to-work morning practice WFH reads:
• The D.C. ‘PayPal Mafia’ Goes Past Elon Musk. A Information to Silicon Valley’s Hostile Takeover. As Elon Musk dominates Washington, there’s one other wave of tech appointments nonetheless to come back. They’ll affect coverage round cryptocurrencies, healthcare, China, and extra. (Barron’s)
• A Modest Stagflation Shock However Not a Recession: There are sometimes adjustment prices related to altering insurance policies. Shedding authorities employees places upward stress on unemployment, and imposing tariffs will increase costs and lowers demand for international items. How important the affect of those insurance policies shall be on the economic system relies on the magnitude and period of every coverage. (Apollo)
• We’re Turning Down Free Cash by Firing IRS Employees: Elevated tax enforcement greater than pays for itself. Republicans’ opposition to it’s a sign that they don’t actually care about closing the deficit. (Bloomberg)
• Wealthy Folks Are Firing a Money Cannon on the US Economic system—However at What Price? Industries get recalibrated, financial alerts get crossed, and the social material begins to fray. (Businessweek)
• Elon Musk’s Web: So Based mostly, A lot Wow. So Cringe? Mr. Musk makes use of on-line slang to marshal his 200 million social media followers in assist of his efforts to intestine the federal authorities. However he is perhaps reaching his limits. (New York Instances)
• The Worth of Russian Victory: Why Letting Putin Win Would Price America Extra Than Supporting Ukraine. (International Affairs)
• An Efficient Remedy for Opioid Habit Exists. Why Isn’t It Used Extra? A drug known as buprenorphine could also be one of the best device medical doctors need to battle the fentanyl disaster. Why hasn’t it been extra extensively adopted? (New York Instances)
• Edward Sard: The Rise of the Everlasting Warfare Economic system: The conflict business has develop into a everlasting fixture of US capitalism, channeling large public subsidies to non-public companies. The primary author to investigate this “Everlasting Warfare Economic system” was Edward Sard, an excellent Marxist economist working within the Nineteen Forties. (Jacobin)
• RFK Jr., America’s Main Advocate for Getting Measles: Opposite to what the well being secretary says, the outbreak of illness in Texas is, the truth is, uncommon. (The Atlantic) see additionally The Texas Measles Outbreak Is Even Scarier Than It Appears: Total, the vaccine is very efficient and the uncommon breakthrough instances — a couple of in a thousand exposures — are usually delicate. The Facilities for Illness Management and Prevention warns, nevertheless, that these instances will be vectors for the sickness. (New York Instances)
• Winners of the 2025 World Nature Pictures Awards: Winners of the 2025 World Nature Pictures Awards (The Atlantic)
Remember to take a look at our Masters in Enterprise interview this weekend with Melissa Smith of J.P. Morgan, the place she is co-head of business banking. Beforehand, she was co-Head of Innovation Economic system and Head of Specialised Industries,. She has been with JPM Chase for greater than 20 years, working with founders, entrepreneurs and startups.
US Imports from China, by Class
Supply: Apollo
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