The Fifth Risk: Michael Lewis explains how the "deep state" is just nerds versus grifters

Michael Lewis is a national treasure, whose gift for explaining how finance grifters think and operate has spawned a whole genre, which he dominates with books like Liar's Poker (an insider view of the S&L crisis); The Big Short (a character-driven, crystal-clear explainer on the financial engineering that led to the 2008 crisis), and Flash Boys (the shitty math and bafflegab behind high-speed trading); and now, The Fifth Risk: an astounding and terrifying book about the experts who fill the ranks in the US government and the Trump-administration grifters who are destroying the work they do to keep us from dying of tornadoes, nuclear accident, food poisoning and a million other dangers, large and small. Read the rest

Top Trump strategist quits, writes an open letter warning America about him

Stephanie Cegielski was in the Trump campaign from the beginning, first serving as communications director of the Make America Great Again Super PAC, then shutting down the PAC "in order to position him as the quintessential non-politician." Read the rest

Study: people who believe in innate intelligence overestimate their own

In Understanding overconfidence: Theories of intelligence, preferential attention, and distorted self-assessment, an open access paper published in the Journal of Experimental Social Psychology, psych researchers from Washington State U, Florida State U and Stanford report on their ingenious experiments to investigate how subjects' beliefs about intelligence affect their own intelligence. Read the rest