Weekend reading

– Root problem of India’s high inflation: A reallocation of wealth from increased productivity to lower productivity leads to high inflation. But politicians don’t look at it this way, they look at the votes

– Frank Wren – The Atlanta Braves GM: Much can be learned about investing from the trades and approach of these baseball GMs.

– The Problem with Financial Incentives: Non-financial incentives might be much better in getting most out of individuals

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