Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Each and every year a different asset class leads the pack. Ben Carlson’s asset class performance quilt illuminates the degree of variation and randomness in markets and the link between risk and reward over the long term.
Blog via A Wealth of Common Sense
Where is India’s middle class?
The New York Times profiles the cryptocurrency millionaires – boy what a crew!
Article via New York Times ($)
But, to restore our faith in humanity, the New York Times also published a well thought out piece on how certain aspects of the blockchain technology underlying cryptocurrencies may impact the economy long after the present bubble has popped.