Readables

- California moves closer to paying bills with IOUs and monopoly money

- By now you have likely heard about China's epic week-long traffic jam. Maybe they should be taking driving lessons from this guy.

- John Kemp: buying into tail risk will slowly bleed your wealth; instead, buy insurers who sell tail risk

- Argentina's President accuses domestic newsmedia organizations of crimes against humanity

- Can trade liberalization reduce gender inequality?

- Book review of Sebastian Mallaby's review of the hedge fund industry: More Money Than God