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}A daily digest of opinions and analysisUncle John Taught Trump About Fire and FuryWhen the president reflects on nuclear weapons, he likes to remind listeners that he’s the nephew of a nuclear physicist. But who was John Trump, and what lessons did he share with young Donald? Biographer Timothy L. O’Brien says Trump inherited a “vision of apocalypse” and a theory of deterrence from the MIT professor. Reform Loses a Champion in India Hopes for transforming the Indian economy have dwindled rapidly since Modi was elected president in 2014; the exit of a high-profile economic adviser is just the latest setback. Mihir Sharma warns that a growing faction in New Delhi views reformist thinking as unacceptably “Western” — bad news for India’s long-term prospects.Blame Rich White Kids for Discrimination at Top CollegesAsian-Americans are indeed treated unfairly in college admissions, but the culprit is not affirmative action. More significant, Daniel Golden says, are the sizable numbers of white applicants who get a leg up because of their family wealth and connections.You’re Gonna Need a Larger Virtual WalletFrom Auroracoin to Zcash, the cryptocurrency market is exploding with new options — and a consolidation probably isn’t coming anytime soon. Tyler Cowen explains why it’s wise to let a thousand digital currencies bloom. 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 ReadsAre index funds evil? (The Atlantic)How Trump’s FCC aided Sinclair’s expansion (Politico)Twelve things I learned by working as a butler at the Plaza Hotel (Bloomberg)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyFor Worldpay, everything must growMylan's problems go beyond bad timingFossil's got the right plan to stay relevant(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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