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In defense of amateurism
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2017-08-07 09:03:30
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}A daily digest of opinions and analysisAficionado Culture is Where Fun Goes to DieCooking is more complex than it once was, and so is woodworking, folk dancing, and many other activities. But do high-level hobbyists enjoy themselves more than amateurs, or are they just raising barriers to entry? Megan McArdle chews over the internet-fueled tendency to take amusement to new extremes.Has China’s Rise Topped Out?The country's rise may seem unstoppable, but statistics tell a very different story. Michael Schuman argues that the spread of China’s global economic influence is slowing significantly — and that government policy is holding it back.Japan’s Central Bank Chief Deserves a Second TermHaruhiko Kuroda’s bold ideas put some life into a moribund economy, which is more than his predecessors could claim. Daniel Moss calls on Shinzo Abe to give the Bank of Japan governor time to finish what he’s started. Maybe Government Money Is Ruining SoccerWhen the French football club Paris Saint-Germain acquired Brazilian star Neymar for a staggering $263 million last week, it was bad business — but it was a soft-power win for the small, embattled country of Qatar. Leonid Bershidsky sees evidence the Union of European Football Associations is too lenient toward state-controlled owners.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 ReadsHow the world’s biggest buyout deal crashed and burned (Bloomberg)Surveying the Middle East’s tech startup scene (MIT Technology Review)How a VC-funded company is undermining the open-source community (Outline)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyTrump’s dreams of Iranian isolationGoogle and Facebook are new-media baronsU.S. zigs passive, so Vanguard zags active overseas(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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