Tuesday morning news drop
The US constitutional crisis is already here Neoconservative Robert Kagan tells us to be afraid, very afraid. That the train has already left the station, that democracy is on its way to extinction as we fiddle while the wildfires burn. (Washington Post)
Why this Facebook scandal is different Internal evidence shared by former Facebook product manager Frances Haugen shows Facebook has known — but ignored — the harm it causes. (Recode)
Direct Indexing: Let The Games Begin Institutional money has been building custom indexes for a long time, but retail investors are just starting to gain access to it. This was made possible by improvements in technology and especially the advent of free trading. The 30% annual growth in assets is impressive, but at just ~$350 billion, the game has just begun. (Irrelevant Investor)
Can We Suck Up Enough CO2 to Cool the Planet? As we speak, giant machines are removing carbon dioxide from the atmosphere in an urgent attempt to slam the brakes on climate change. (Reasons To Be Cheerful)
Desalination can make saltwater drinkable — but it won’t solve the U.S. water crisis The water in the ocean is a tempting resource. Removing salt comes with environmental and economic costs, though. (Washington Post)
The Geography of Vaccines Analysis of vaccination rates across U.S. metro areas shows how the shots have become the latest flashpoint in a divided America. (Citylab)
Kill the Travel Bug: The Case for Staying Put Why we prioritize globe-trotting over all else, even a plague (Walrus)
The Biggest Album Release Dates in Modern Music History, Ranked September 24, 1991, is often called the biggest release day in history. We came up with a formula to see whether that was the case. (The Ringer)
September: No sign of any relief in the market Unfortunately the situation did not improve for buyers in September, with new listings continuing to come more slowly than normal for this time of year, while there was plenty of demand to vacuum up anything priced even remotely close to reality. (House Hunt Victoria)
