Subject: One and a half cheers for socialism
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 24 Nov 2017 05:02:33 -0500 (EST)

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}A daily digest of opinions and analysisCapitalism and Socialism Work Better TogetherThey seem like polar opposites, and their supporters have been bitter enemies — but could capitalism and socialism be the peanut butter and jelly of economics? Noah Smith thinks so, arguing that just as free markets helped lift billions out of poverty, socialist-inspired redistribution policies have done much the same thing.Pressures Are Building on American HouseholdsBehind the rosy economic headlines, consumer stresses are mounting and likely to get worse. Danielle DiMartino-Booth explains how easy credit and natural disasters could be a recipe for trouble.Trump Can Never Really Check Out of His SoHo HotelThe Trumps tried to slip it past us that they were abandoning their hotel in downtown Manhattan. Guess why? Timothy L. O'Brien unwinds the full story, featuring shady Russian guys, questionable funding sources, and — naturally — Special Counsel Robert Mueller. Steve Mnuchin Says the Darnedest ThingsThe Treasury secretary doesn't let credibility get in his way, especially when it comes to taxes. Justin Fox takes stock of Mnuchin's latest questionable assertions.  Ritholtz's ReadsPublic banking goes to pot (Utne Reader)Everyone loses in Germany's coalition collapse (Der Spiegel)Are you a "testosterone" or a "dopamine"? (Wall Street Journal)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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