Thursday morning news drop
The Fed’s Past Crises Hold Secrets to Tackling Future Recessions: The US central bank has made mistakes before and learned from the experience. Now it must do so again. (Bloomberg)
Alberta comes calling for British Columbians, but experts expect few will bite Touting more affordable homes and higher wages, Alberta Premier Jason Kenney seeks to reverse tide of interprovincial migration with a new ad campaign. (Vancouver Sun)
When Data Fails: One of the most common ways data fails is when it only describes a subset of what you are actually trying to analyze. When we only see a part of our data, we can come to the wrong conclusion. One area where this is common is examining the average instead of the distribution. (Of Dollars And Data)
The Quantify-Everything Economy: Data can make our lives richer, but let’s not forget that people are not machines. (New York Times)
Work From Office: Offices are where young professionals establish relationships with mentors, colleagues, and mates. In sum: Put on a shirt and get into the office. (No Mercy / No Malice)
The Boy Bosses of Silicon Valley Are on Their Way Out: They rode their unicorns to fame and fortune. In a rocky market, it got a little less fun. (New York Times)
Startups That Grew Fast Learn Shrinking Can Be Just as Hard: After years of easy money, companies are downsizing and finding that there’s a right way and a wrong way to do it. (Businessweek)
The case for high-skilled immigration reform (and how to make it happen): Immigration is America’s superpower. According to research by William Kerr at Harvard, between 2000 and 2010, America received more migrating inventors than every other country combined. (Noahpinion)
A Secret to Lululemon’s Success? Men Who Are Obsessed With Its Pants: Not since non-iron dress shirts have men rallied around a clothing item meant to cut corners. Inside Lululemon’s menswear revolution (Wall Street Journal)
U.S. drought gives an Arizona dam’s critics a new argument for having it demolished When the Glen Canyon Dam flooded an area prized for its natural beauty in the 1960s, environmentalists said it was a mistake. Now, they say the time is right to fix that as climate change transforms the water systems of the Southwest (Globe and Mail)
How Did Fighting Climate Change Become a Partisan Issue? Twenty years ago, Senator John McCain tried to spearhead an effort. What has happened to Republicans since then? (New Yorker)
Much of the US Will Be an ‘Extreme Heat Belt’ by the 2050s Heat index temperatures will hit 125°F (52°C) at least once a year in a band stretching from Texas to Wisconsin, researchers say. (Bloomberg)
