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Saturday links: the next [insert here]

The weekend is a great time to catch up on some of the reading you skipped during the week.  So for all you “time shifters” out there, here is another set of long-form links.

Jeremy Grantham on the implications of an end of cheap natural resources.  (GMO)

Of what use are restrictions on insider trading?  (The Psy-Fi Blog)

Evolution acts very differently in capitalism and biology.  (Rick Bookstaber)

An excerpt from Diana Henriques‘ new book The Wizard of Lies:  Bernie Madoff and the Death of Trust.  (NYTimes)

Bulging student loans as a byproduct of the higher education bubble.  (n+1 via @longreads)

Why cutting health care costs is so difficult.  Someone’s gotta pay.  (New Yorker)

What capitalism can learn from the NFL.  (Globe and Mail, part 2, part 3)

How one gambler applies technology to make a living betting on NBA games.  (Sports Page)

Water is not ‘the next oil.’  (Freakonomics)

We still haven’t learned the lessons of the huge 1927 Mississippi River floods.  (WSJ)

Why narratives matter:  on the enjoyment of wine.  (The Frontal Cortex)

Cutting philosophy departments would be a mistake.  (The Epicurean Dealmaker)

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