Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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Written by John Lounsbury
As a young man Albert Einstein is reported to have said he wanted to find the mathematical description of God. He envisioned it would be only an inch or a few inches long. He became a very mediocre student and after he received a degree in physics none of his professors would recommend him for a job. It was only through the efforts of a family friend that he was able to gain employment as a low level patent file clerk in the Swiss patent office. This week the story of what happened to the young Einstein and how the few years as a patent clerk ended transforming him and the future of the world.
Infographic Of The Day: Dating Relationships In The US
Most young singles in America do not describe themselves as actively looking for romantic partners this day-and-age.
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from Dirk Ehnts, Econoblog101
This is from his article at Project Syndicate:
from Money Metals Exchange
[Editors Note: This is the weekly Market Wrap Podcast with Mike Gleason.] There's been some big news out of China lately, and today we'll dive deeper into the discussion when I welcome in Gordon Chang. Mr. Chang is one of the foremost experts on the Chinese economy and has written a book titled The Coming Collapse of China. He'll tell us why he believes an epic collapse is imminent and what it all means for the Western financial world and why he believes there is what he calls a Chinese floor on the gold price.
26May2016 Market Update: WTI Crude Slips, DOW Down 41 Points, SP500 Can Not Break Through The 2100 L
26May2016 Pre-Market Commentary: US Futures Fractionally In The Green, WTI Crude Breaks $50, Durable
Of the four regional manufacturing surveys released for May, all are in contraction.