Daily Picks

Tuesday, 29 September 2026

Today's 13

Picked from the best of the world's press

Ceiling Painted Dome Cupola Angels Fighting Demons in the Vatican Museums. Today is Michaelmas in much of Western Christianity.

Livioandronico2013 · Wikimedia Commons · CC BY-SA 4.0

Economics & PolicyThe Conversation

Nobody forecast the war, so high oil prices will stick aroundOil and gas industry expected surplus – but war brought shortage instead

For a decade the oil industry invested on the assumption that demand would fall, so when the Strait of Hormuz was blocked in 2026 there was no spare capacity to absorb the shock and prices could only climb.

The Conversation
Economics & PolicyNoahpinionNoah Smith

Fewer kids per class won't help. Who teaches them willStop spending money on smaller classes

Pouring money into smaller classes buys a wave of newly certified teachers rather than the good ones who can lift struggling students.

Noahpinion
Economics & PolicyConversable Economistconversableeconomist

Home prices are up, and homeowners are angry — over the tax billI Would Like the Value of My Home to Rise, While My Property Taxes Fall

Several US states have overhauled property taxes in recent years, shifting the burden off owner-occupied homes onto commercial property and state coffers, which pushes home prices even higher.

Conversable Economist
Tech404 MediaJason Koebler

Flock says no facial recognition. Another company says it will.Surveillance Company Tells Cops It Wants to Add Facial Recognition to Flock Cameras

Flock promises never to add facial recognition to its license plate cameras, but a company called VIDIZMO is pitching police on piping Flock's data into its own system for face matching, behavior prediction and racial and gender sorting.

404 Media
Business & ProductPluralisticCory Doctorow

Every price you pay has been calculated from what you can affordPluralistic: Lindsay Owens's "Gouged" (29 Sep 2026)

Lindsay Owens's new book Gouged lays out how companies use surveillance data and algorithms to set a different price for every customer and every worker — and the reviewer's complaint is that it diagnoses the disease far better than it treats it.

Pluralistic
Science & HealthYour Local EpidemiologistKatelyn Jetelina

Flu is early this year. Don't wait until October for the shotFlu is here early. Plus Covid, mosquitoes, and more.

Flu has arrived more than a month early in the northern hemisphere and is starting in the American West rather than the usual Southeast, while Covid wastewater has peaked and mosquito season is winding down.

Your Local Epidemiologist
TechWorks in Progress

America spent 15 years waiting for a mosquito permitMosquitoes are a choice

A gene that kills the mosquitoes spreading dengue was engineered two decades ago, but it has spent fifteen years bouncing between three US agencies and still isn't approved.

Works in Progress
Economics & PolicyOf Dollars And DataNick Maggiulli

Most American millionaires are not in Silicon Valley but in law firms and car dealershipsWho Is Really Rich in America? (Hint: Main Street Millionaires)

Two economists dug into US households worth over $5 million and found they hold more than 13 times the wealth of the Forbes 400 — by owning thousands of independent local businesses all over the country.

Of Dollars And Data
InvestingKlement on InvestingJoachim Klement

Bigger index funds make active managers worseIndex funds make active managers worse

After passive funds overtook active ones in the US in 2020, active funds' gross alpha turned from positive to negative around 2010, and a researcher argues that redemption flows pushing against active bets explain part of it.

Klement on Investing
Society & IdeasUncharted TerritoriesTomas Pueyo

Japan sealed itself off for 250 years — not out of fear of foreigners, but of its own lordsHow Japan’s Geography Determined Its History

The Tokugawa shogunate's isolation was not timid conservatism but a deliberate system built after centuries of civil war to kill the conditions for another one.

Uncharted Territories
Science & HealthNautilusDevin Reese

Frogs Wear a Layer of Bacterial Armor on Their SkinFrogs Wear Bacterial Armor to Defend Against Fungus

A frog in Brazil's rainforest survives the fungus killing amphibians worldwide not through its own immune system, but through the specific bacteria living on its skin.

Nautilus
Economics & Policy硅谷居士

America's biggest trade deficit is no longer with China美国贸易逆差最大的地区都有谁?

In the first seven months of 2026 the US ran its largest goods deficit with Vietnam at $138.9bn, ahead of Mexico and Taiwan, while the deficit with China fell from a 2018 peak of $419.2bn to roughly $156bn.

硅谷居士
Society & IdeasJSTOR DailyLivia Gershon

A people with no writing had their beliefs written for them by colonisersCan We Recover a Worldview Lost to Colonialism?

The Ao Naga of northeast India kept no written records before the nineteenth century, and today nearly all of them are Christian, leaving their old worldview only in the words of missionaries and colonial officers.

JSTOR Daily