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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @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 analysisThe Peter Principle, Validated?Lagging corporate performance, slumping productivity and rising inequality — all are due, at least in part, to lackluster executive talent. Noah Smith examines new research into a topic economists have too long overlooked (even if employees haven’t): bad management.Bad Bosses Drag Down More Than Their Own CompaniesOffering another perspective on the same subject, Peter Orszag sees evidence that subpar management at one business can indirectly affect others. To understand macroeconomic changes, he says, look at how individual companies are run.Everybody Loses in Google’s Fight With UberIn much of the tech world, intellectual-property litigation is for dinosaurs only. So why is Google’s self-driving car division tangling with Uber? As much as companies may cherish trade secrets, Elaine Ou says that breaking free from IP protections is what created Silicon Valley in the first place.The De-Electrification of the U.S. EconomyGeneration peaked 10 years ago. Per-capita use has been stagnant since the late ’90s. And when was the last time you heard “The Electric Slide”? There’s no doubt that electricity is in decline, and it’s not just because of the 2008 recession. Justin Fox examines a multitude of theories why.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsLessons from Valeant (Investment Masters Class)Fake investment news could be here to stay (Barron’s)The profound implications of five increasingly dominant tech companies (Hacker Noon)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyYale’s faith not shaken from stirring of low feesWalmart offers cheap when consumers want easyTesla’s board needs refo— hey, look at that stock go!(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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