Subject: In defense of amateurism
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 7 Aug 2017 05:03:30 -0400 (EDT)

A daily digest of opinions and analysis

Aficionado Culture is Where Fun Goes to Die

Cooking 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 Term

Haruhiko 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 Soccer

When 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.

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Ritholtz’s Reads

How 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 Gadfly

Trump’s dreams of Iranian isolation

Google and Facebook are new-media barons

U.S. zigs passive, so Vanguard zags active overseas

(Read more from BV’s sister site for fast business commentary.)

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