EMAIL DETAILS

Share the View@media only screen and (max-device-width: 480px) {
body {
padding: 10px !important;
}

.one-column p,
.one-column li {
font-size: 19px !important;
line-height: 29px !important;
}
}A daily digest of opinions and analysisMust-Reads of 2017: How Finance Ate EverythingThe world is three decades into its experiment with financialization, and the consequences are only now becoming clear. Pankaj Mishra points to three books to help you understand the most important economic shift since the Industrial Revolution. (Missed our other columnists' year-end book lists? Check out Megan McArdle's, Tyler Cowen's and Barry Ritholtz's.)The Tax Bill Won't Matter When It's Time to VoteRepublicans think passing tax cuts is their key to reelection; Democrats hope it will energize the opposition just in time for midterm elections. Both are probably wrong. Ramesh Ponnuru explains why everyone is overestimating the psychological power of tax cuts.Bitcoin Futures Aren't a Big Hit, and That's a Good Thing"It is rare that you see something more volatile than bitcoin, but we found it: bitcoin futures." So said the managing director of a Shanghai-based consulting firm on Monday, one day after trading opened in Chicago. Hooray, maybe? Leonid Bershidsky says thin trading volume shows bitcoin may not be made for sober mainstream investors — which is probably better for cryptocurrency enthusiasts, anyway.What's the Value of Bitcoin, Anyway?That's the $17,000 question, and Justin Fox finds no clear answer — other than the "unsettling reality" that the cryptocurrency has hardly any track record and "no fundamentals." So are we edging into bubble territory? Tyler Cowen counters that bitcoin is a "miracle at any price."Ritholtz's ReadsIndex funds rule the world, but should they rule you? (MoneyBeat)Benoit Mandelbrot's ideas about investing and markets, made simple (25iq)The bitcoin whales: 1,000 people who own 40 percent of the market (Bloomberg Businessweek)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyYour move, QualcommHospital consolidation is no cure-allWant more women on boards? This stat helps.(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

If you believe this has been sent to you in error, please click <http://link.mail.bloombergbusiness.com/oc/57d81a102ddf9c08613460d76vnov.k0f/126dcb95> to safely unsubscrib