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}A daily digest of opinions and analysisWhat Donald Trump's Missing About IranAiming to fulfill a campaign promise, the president has missed the real threat: Iran's efforts to destabilize the Middle East. Former U.S. deputy national security adviser on Iraq and Afghanistan Meghan O'Sullivan explains why she's not impressed by Donald Trump's latest maneuvering on the issue. Free Trade With South Korea WorksFortunately for everyone, Trump seems to have forgotten his April threats to "terminate" the U.S.-Korea Free Trade Agreement. But now that both sides are ready to renegotiate the pact, there’s a chance to make some real improvements. The Bloomberg View editorial board offers some suggestions for making a good deal even better. How the Supreme Court Can Heal U.S. DivisionsGerrymandering has long been a feature of American life, but the high court — now considering a challenge to an egregiously partisan Wisconsin redistricting plan — could change that. Even better, it could transform the culture of politics. Albert R. Hunt notes that a ruling against could relieve voters' cynicism and distrust of institutions, and push lawmakers to reach across the aisle. The Jones Act Descended From Ages of Lazy ProtectionismThis century-old law was meant to boost the U.S. shipping industry; now it's hindering disaster relief in Puerto Rico. How could this happen? Historian Stephen Mihm traces the cabotage laws now straining the island (and many other places around the world) from their roots in the Age of Exploration to the problems they cause today. Ritholtz's ReadsHow U.S. military outsourcing turned toxic (ProPublica)Mathematicians measure infinities, find they’re equal (Quanta Magazine)The plot to overthrow the All-America Research Team (Institutional Investor)The best books on economic inequality between nations and peoples (Five Books)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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