
Adapting Value Investing to the 21st Century
Including intangible assets in book value vastly improves the strategy’s returns

Could Tech Giants Be Making Our Economy Less Innovative?
With a business model built on fewer employees, their dominance saps dynamism.

Out of the 1990s Asian Crisis, a New Bond Market Rises
Local currency sovereign bonds transfer risk from issuer to buyer

Philadelphia’s Soda Tax Is Nearly Perfect for Maximizing Revenue
It’s less successful at curbing consumption so buyers shop outside the city

Why the Online Ad World Abandoned Soft-Floor Auctions
Complexity and a failure to boost platform revenue were culprits

The Relative Well-Being of Generations: An Explanation for Falling Interest Rates?
Doing worse than mom and dad is a drag on the entire economy

One European Country Defaults: How Hard-Hit Is the Euro?
A predictive model employs credit default swaps across currencies

Lies, Damned Lies and Statistics — and Data Visualization
How we interpret time-series data is dependent on the designer’s chosen format